Obama boom for K Street

[antimatter98]

Source: The Hill

K Street lobbyists expect a bonanza this year because of the aggressive agenda of President Obama and congressional Democrats.

“Big government is back,” said Mark Ruge, who heads the policy group at K&L Gates. “It’s going to be a very, very active Congress.”

A day after the Inauguration of Obama, lobbying firms were releasing weak 2008 money numbers, but realized that big government was going to mean big demand from corporate America for lobbyists to play offense and defense on their behalf.

Read more: http://thehill.com/leading-the-news/obama-boom-for-k-street-2009-01-21.html

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Will 'Main Street' and the unemployed 'boom' also?

[Maven]

1. This article seems incredibly slanted

[Windy]

2. Must have been written before Obama lowered the boom on lobbyists... n/t

[Baby Snooks]

6. He didn't lower the boom on lobbyists in Congress...

The lobbyists are still welcome in Congress. And Congress loves its lobbyists. The lunches, the dinners, the "educational world tours," and most of all, the PAC money.

Happy days are here again for K Street. And Congress cares more about K Street than it does Main Street.

[TlalocW]

3. Feh on the big government quote

The size of government boomed under Bush. Smart government is back.

TlalocW

[denverbill]

4. I'm sure this is true. Corporations are lining up to fight regulation.

If it costs them a few million dollars to hire lobbyists to try to bribe Democrats to vote against regulation, they are getting off cheap.

When the Republickers were in charge, lobbyists didn't need to spend as much because Republicans are pretty much on their payroll already, and still are. Sending Jack Abramoff to jail barely scratched the surface of Republican payola. Grover Norquist is still around.

[Historic NY]

5. Wait until the post the lobbyist laid off numbers......

:nopity:

[NYC_SKP]

7. Yes, Main St. and the Unemployed will boom also.

:wtf:
Lobbyists will be working harder because they'll have to.
It's a GOOD thing.
The relationship to Main Street depends upon how congress reacts to their efforts.