Wednesday, April 22, 2009

Audacity Is Spreading: Balied Out Companies Keep Giving Millions to Lobby the Government.

Dan Eggen, writing in the Washington Post, describes how those companies that are so desperately strapped for money, so terribly cash poor that they need millions of tax dollars confiscated from you, are yet somehow able to find a few million to keep lobbying the government.

Yeah, I know; keep your shirt on (unless the taxman has already come and taken that too) but I'll accept your being a bit peeved to learn that GM is spending about $1 million in lobbying a month!

In all, major bailout recipients have spent more than $22 million on lobbying in the six months since the government began doling out rescue funds, Senate disclosure records show.

Obviously Team Obama doesn't have an exclusive on that "audacity thing.".