Lobbying Profits Stall Under Divided Government
Posted in Main Blog (All Posts) on April 21st, 2011 4:33 am by HL
Lobbying Profits Stall Under Divided Government
The Hill reports that lobbying firms’ financial disclosures for the first quarter of 2011 reveal that “most firms’ earnings either flat-lined or fell off when compared to 2010’s first quarter.”
The reason? Unproductive government is bad for business. “President Obama and the new Republican House have spent more time battling over the budget than crafting the kind of mammoth bills that have a big impact on industry.”
Loopholes: “K Street firms said regulatory work from the healthcare and Wall Street laws is beginning to dominate their days as clients grow concerned about how the measures are being implemented. Not all of that advocacy work has to be reported under the LDA law, since it often involves legal work that is exempt from disclosure.”
Plurality of Republicans Think Obama Was Born Elsewhere
The new New York Times/CBS News poll finds 47% of Republican voters said they believed President Obama, who was born in Hawaii, was born in another country; 22% said they did not know where he was born, and 32% said they believed he was born in the United States.