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Friday

14

November 2008

Lobbying Cont.

Written by , Posted in Waste & Government Reform

A few days ago I predicted, “We’ll see more money and influence peddling around Washington under Obama for one very simple reason: government will be involved in more aspects of our economy and our lives.”

Now the Washington Post has noticed that, “Democrats Benefiting From Post-Election Lobby Boom:”

Barack Obama spent much of his presidential campaign decrying the influence of Washington lobbyists. In the 10 days since he was elected, he already has had an impact: He has touched off a mini-boom on K Street.

Top lobbying firms are gearing up to handle increased demand from corporate clients who fear that the Obama administration will expand its regulatory reach and target them for tax increases. Some firms, such as Patton Boggs, Akin Gump Strauss Hauer & Feld, and Alston & Bird, are also preparing for new business resulting from the ongoing effort to stabilize the economy.

And who is cashing in on this boom? Democrats who supported Obama, such as Jaime R. Harrison.

Lobbyists are attracted by government activity like moths to a flame.   And Obama is promising one hell of a government flame – enough to burn the house down.