Linked by Thom Holwerda on Thu 23rd Jan 2014 10:52 UTC
Legal

Google led in lobbying spending by ten tech firms who pumped a combined $61.15 million into efforts to influence federal regulators and lawmakers in 2013, up 15.9 percent from a combined total of $52.78 million, according to records filed with the Clerk of the House this week.

Apparently AT&T is not considered to be a technology company, because they spent more than Google. All in all, virtually all companies heavily increased their spending on legalised corruption in the US.

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RE: Age-old practice
by StuS on Thu 23rd Jan 2014 19:17 UTC in reply to "Age-old practice"
StuS
Member since:
2012-12-01

The problem with corporations lobbying is, in reality, it basically comes down to the C-level executives and board spending company money to lobby for whatever the feel are the right positions - regardless of how the people in the company feel and what's actually good for the company in long run, let alone the rest of the country.

Letting individuals hire lobbyist to help them advance their own issues - not perfect, but OK. Letting chief executives, who already have a inordinate amount of power in society, use company funds to lobby the government to support their interests - just drives inequality deeper, and does not result in good or stable government.

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