December 18, 2009

THERE'S A REASON US GRANT'S ADMINISTRATION IS CONSIDERED UNIQUELY CORRUPT:

President Obama's Surprising Relationship With Lobbyists and Big Business: Tim Carney discusses Obamanomics. (Jessica Rettig, December 18, 2009, US News)

Barack Obama campaigned for president, says Tim Carney, as an advocate for big government, claiming that more federal regu­lation and spending will protect American consumers against the excesses of big business. But, Carney argues in Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses, the president's push for more intervention has actual­ly favored big business and lobbying. Carney, lobbying editor and columnist at the Washington Examiner and award-winning author of The Big Ripoff, re­cently chatted with U.S. News about the surprising relationship between big government and big business and how Obama is helping the same special in­terests he says he's fighting.

Why do lobbyists benefit from Obamanomics?

Whenever government gets more in­volved in the economy, a lobbyist be­comes more of a necessity. If the govern­ment is leaving your business alone, you might not need a lobbyist. When the government is handing out hundreds of billion of dollars, investing in a lobbyist becomes more worthwhile. So Obama­nomics is a broad stimulus for K Street.


Posted by Orrin Judd at December 18, 2009 2:00 PM
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