Monday, February 15, 2010

Real Democracy = Equal Representation

From DemocracyNow.org
Record $3.47 Billion Spent on Federal Lobbying in 2009

Despite President Obama’s call to curtail the power of lobbyists in Washington, new figures show a record amount of money was spent on federal lobbying in 2009. The Center for Responsive Politics puts the total at nearly $3.5 billion, a five percent increase over 2008. The pharmaceutical and health products industry spent nearly $267 million on lobbying, the greatest amount ever spent on lobbying efforts by a single industry. The Chamber of Commerce spent over $144 million dollars on lobbying, a 60 percent increase over 2008. Other big spenders on lobbying included Exxon Mobil, the Pharmaceutical Research and Manufacturers of America, or Pharma, General Electric, Pfizer, Blue Cross/Blue Shield, AARP, American Medical Association, Chevron, the National Association of Realtors, and the American Beverage Association. Sheila Krumholz of the Center for Responsive Politics said, “Lobbying appears recession proof. Even when companies are scaling back other operations, many view lobbying as a critical tool in protecting their future interests.”