Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

5 Crazy Facts About Lobbyists

Lobbyists! You’ve probably heard of them before - they’re a go-to villain in modern politics. But what, exactly, are lobbyists? And are they really buying our government out from under us?

Well, yes. Yes they are. Here are 5 ways lobbyists are corrupting our government.



1. Lobbyists raise gobs of money for elected officials

The average senator has to pull in more than $14,000 dollars every single day, just to stay in office. One of the easiest ways to raise that kind of cash is to turn to lobbyists, who make big donations and organize swanky fundraisers for elected officials in order to buy influence for their clients.

Here’s how it works. Let’s say you’re a big bank. You want to buy influence with a senator on the banking committee so he’ll vote your way on an upcoming bill. The easiest way would be to just give $100,000 directly to the senator’s reelection campaign. But alas, that would be illegal - federal law prohibits companies from making direct donations to candidates. So instead, you hire a lobbying firm.

Here’s where things get corrupt. That lobbying firm can legally organize a swanky fundraiser that brings in $100,000 for the senator’s reelection campaign. At the fundraiser, your lobbyist just happens to have a friendly chat about your feelings on banking policy with the senator’s staff.

At the end of the day, the senator is still up $100,000, he still knows exactly where the money came from, and he knows which way to vote if he wants the money to keep flowing. But this time, nobody’s broken any laws!

One recent study found that “on average, for every dollar spent on influencing politics, the nation’s most politically active corporations received $760 from the government.” That’s a 76,000% return on investment. And it works on both sides of the aisle - top lobbying firms raise big money for Republicans and Democrats at the same time.


2. Lobbyists write laws themselves

For an example, look at the 2014 omnibus budget deal. Congress used the deal to secretly put taxpayers back on the hook for bank bailouts. That’s right – in 2014, our representatives repealed a law that prevented the American people from bailing out big banks that engage in risky derivatives trading. Sorry to be the bearer of bad news.

The New York Times reports that 70 of the 85 lines in the language that killed the derivatives bill came from a piece of model legislation drafted by Citigroup lobbyists. Yes, that Citigroup – the bank that played a major role in the 2008 crisis and also received billions of federal stimulus dollars.

The same report also revealed that “two crucial paragraphs, prepared by Citigroup in conjunction with other Wall Street banks, were copied nearly word for word.” You can even view the original documents and see how Citigroup’s lobbyists redrafted the House bill, striking out ideas they didn’t like and replacing them with ones they did. Citigroup quite literally wrote its own rules.

The members of Congress who originally backed the Citigroup-authored bill received massive amounts of money from Wall Street - likely channeled through, you guessed it, swanky fundraisers.

To be clear, this isn’t just a problem with big banks. The exact same thing happens all the time on nearly every issue. Lobbyists for the chemical industry may have authored entire portions of a bill that shuts down state-based efforts to crack down on toxic chemicals. Lobbyists for one oil company “largely wrote” a bill about drilling for fossil fuels in an environmentally-sensitive area where it had property. Sometimes lobbyists even brag about how few changes the politicians make to their work!


3. Lobbyists effectively bribe members of Congress with lucrative job offers… to become lobbyists3

Lobbyists routinely offer members of Congress and their staffers lucrative jobs at their firms or their clients’ companies. These negotiations often take place while our representatives are still in office and, ostensibly, working for us, the American people. With multi-million-dollar future salaries on the line, most members of Congress are more than willing to protect the best interests of the lobbyists who will one day be their employers.

“I would say to [the Member], ‘When you’re done working on the Hill, we’d very much like you to consider coming to work for us.’ The moment I said that, we owned them. And what does that mean? Every request from our office, every request of our clients, everything that we want, they’re gonna do.” – Former lobbyist Jack Abramoff

The phenomenon of members of Congress heading off to work for lobbying firms and their clients is know as “the revolving door.” And it’s become shockingly common: in the 1970s, less than 5% of retiring legislators went on to become lobbyists. Now, half of retiring senators and a third of retiring house members do.


4. Politicians who walk through the revolving door are in for a massive raise4


It’s hard to overemphasize how tempting a revolving door gig can be. Congressmen who go on to become lobbyists get, on average, a 1,452% raise. Small wonder they’re willing to throw a few votes the lobbyists’ way with that kind of money on the line.

5. And that’s just the lobbyists we know aboutDependent
Thanks to loopholes in how federal law defines lobbyists, many elected officials go on to take what are effectively revolving door lobbying jobs without ever having to officially register as lobbyists. These “shadow lobbyists,” like former Sen. Tom Daschle (D-SD) and Rep. Newt Gingrich (R-GA), are lobbyists in everything but name, and they’re certainly paid just as well as the real thing. Researchers estimate that there’s actually twice as much lobbying as what’s publicly disclosed - making the business of influencing politicians a $7 billion industry.


So, why don’t we just ban lobbying all together? Well, constitutionally, we can’t - and we shouldn’t have to.

Lobbying isn’t inherently evil. After all, a lobbyist is just a professional person hired to represent their client’s interests to an elected official. All kinds of groups, from major businesses to unions to nonprofits, pay for lobbyists.

The act of lobbying itself - that is, simply advocating a position to an elected official - is not the problem, and it’s actually protected by the First Amendment. Individuals and groups have every right to express their opinions to Congress about how proposed legislation might affect them and to try to convince lawmakers to take their side. The problem is that lobbyists routinely use money, favors, gifts, or lucrative job offers to do the convincing for them.

You can lobby, and you can donate to a politician. But you shouldn’t be allowed to do both.

Luckily, that’s something we can fix with a single law. The unseemly and terrible behavior we’ve covered in this piece may be legal now, but it doesn’t have to be. Reforms to ban lobbyists from coordinating fundraising, close the revolving door, and end “shadow lobbying” have already been proposed at the federal level, and they’re currently picking up momentum in cities and states around the country. As the anti-corruption movement grows, we get closer and closer to ending lobbyist corruption for good.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Trump Called Viktor Orbán: "Why Are You Using the Veto"
Horror in the Skies: Plane Engine Exploded, Passengers Sent Farewell Messages
AI in Policing: Draft One Helps Speed Up Reports but Raises Legal and Ethical Concerns
Shame in Norway: Crown Princess’s Son Accused of Four Rapes
Apple Begins Simultaneous iPhone 17 Production in India and China
A Robot to Give Birth: The Chinese Announcement That Shakes the World
Finnish MP Dies by Suicide in Parliament Building
Outrage in the Tennis World After Jannik Sinner’s Withdrawal Storm
Class Action Lawsuit Against Volkswagen: Steering Wheel Switches Cause Accidents
UK Government Tries to Sue 4chan for Breaching Online Safety Act
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Cambridge Dictionary Adds 'Skibidi,' 'Delulu,' and 'Tradwife' Amid Surge of Online Slang
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
The CEO Who Replaced 80% of Employees for the AI Revolution: "I Would Do It Again"
"Every Centimeter of Your Body Is a Masterpiece": The Shocking Meta Document Revealed
Character.ai Bets on Future of AI Companionship
China Ramps Up Tax Crackdown on Overseas Investments
Japanese Office Furniture Maker Expands into Bomb Shelter Market
Intel Shares Surge on Possible U.S. Government Investment
Hurricane Erin Threatens U.S. East Coast with Dangerous Surf
EU Blocks Trade Statement Over Digital Rule Dispute
EU Sends Record Aid as Spain Battles Wildfires
Beijing is moving into gold and other assets, diversifying away from the dollar
China Requires Data Centres to Source Majority of AI Chips Locally, For Technological Sovereignty
Escalating Clashes in Serbia as Anti-Government Protests Spread Nationwide
Category 5 Hurricane in the Caribbean: 'Catastrophic Storm' with Winds of 255 km/h
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Digital Humans Move Beyond Sci-Fi: From Virtual DJs to AI Customer Agents
YouTube will start using AI to guess your age. If it’s wrong, you’ll have to prove it
Jellyfish Swarm Triggers Shutdown at Gravelines Nuclear Power Station in Northern France
OpenAI’s ‘PhD-Level’ ChatGPT 5 Stumbles, Struggles to Even Label a Map
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
The World Economic Forum has cleared Klaus Schwab of “material wrongdoing” after a law firm conducted a review into potential misconduct of the institution’s founder
A Computer That Listens, Sees, and Acts: What to Expect from Windows 12
Bitcoin hits $123,000
Southwest Airlines Apologizes After 'Accidentally Forgetting' Two Blind Passengers at New Orleans Airport and Faces Criticism Over Poor Service for Passengers with Disabilities
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Russian Forces Advance on Donetsk Front, Cutting Key Supply Routes Near Pokrovsk
It’s Not the Algorithm: New Study Claims Social Networks Are Fundamentally Broken
Sixty-Year-Old Claims: “My Biological Age Is Twenty-One.” Want the Same? Remember the Name Spermidine
Saudi Arabia accelerates renewables to curb domestic oil use
The Billion-Dollar Inheritance and the Death on the Railway Tracks: The Scandal Shaking Europe
World’s Cleanest Countries 2025 Ranked by Air, Water, Waste, and Hygiene Standards
Denmark Revives EU ‘Chat Control’ Proposal for Encrypted Message Scanning
Perplexity makes unsolicited $34.5 billion all-cash offer for Google’s Chrome browser
Cristiano Ronaldo and Georgina Rodríguez announce engagement
×