The Red Brick Times

  Friday, November 21, 2008

How do you get bailout money? You prime the pump baby!
According to the Center for Responsive Politics, in the past year alone "DaimlerChrysler has spent $5.3 million on federal lobbying, GM has spent $10 million and Ford has spent $5.8 million." The Alliance of Automobile Manufacturers, meanwhile, has forked over nearly $5 million in lobbying fees.
by whatley (3) comments

       Comments:
  • Considering the execs 'warm' response I think I'd be calling my friendly lobbyist and ask for a refund.
     
  • That was all for show. In the end they'll get what they want (and keep their $10mil/yr salary + bonus).
     
  • The presidential election was totally lobbying. Lobbying = advertising. Machiavelli's "The Prince" is still studied in business school as a handbook for influence peddling.
     
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