Bill Moyers has been a keen observer and commentator on American politics for decades.
In his latest blog "Dividing the Spoils" on his blog Moyers & company he highlights what lobbying "costs" - and what the "rewards" are.
"Today, gifts to politicians that were once called graft or bribes are called contributions. The Supreme Court has granted corporations the rights our founders reserved for people, and told those corporations they can give just about anything they want to elect politicians favorable to their interests. Diamond and gold snuff boxes are as outmoded as the king’s powdered wig. Now we’re talking cash — millions upon millions of dollars. Quadrupled, quintupled and then some – and it’s not considered corruption.
Consider the new report from the watchdog Sunlight Foundation: From 2007 to 2012, the two hundred most politically active corporations in the United States spent almost $6 billion for lobbying and campaign contributions. And they received more than $4 trillion in US government contracts and other forms of assistance. That’s $760 for every dollar spent on influence, a stunning return on investment."
In his latest blog "Dividing the Spoils" on his blog Moyers & company he highlights what lobbying "costs" - and what the "rewards" are.
"Today, gifts to politicians that were once called graft or bribes are called contributions. The Supreme Court has granted corporations the rights our founders reserved for people, and told those corporations they can give just about anything they want to elect politicians favorable to their interests. Diamond and gold snuff boxes are as outmoded as the king’s powdered wig. Now we’re talking cash — millions upon millions of dollars. Quadrupled, quintupled and then some – and it’s not considered corruption.
Consider the new report from the watchdog Sunlight Foundation: From 2007 to 2012, the two hundred most politically active corporations in the United States spent almost $6 billion for lobbying and campaign contributions. And they received more than $4 trillion in US government contracts and other forms of assistance. That’s $760 for every dollar spent on influence, a stunning return on investment."
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