Monday, April 13, 2009

The Lobbyocracy Explained

The Lobbyocracy Explained: "

Amazing fact from WaPo:

In a remarkable illustration of the power of lobbying in Washington, a
study released last week found that a single tax break in 2004 earned
companies $220 for every dollar they spent on the issue -- a 22,000
percent rate of return on their investment.

Somehow I doubt the average American gets that return on his 42-cent postage stamp.

--Michael Crowley"

(Via The Plank.)

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