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And, yes, I DO take it personally: Now, let's all feel sorry for the poor lobbyists and defense contractors
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Sunday, September 06, 2009

Now, let's all feel sorry for the poor lobbyists and defense contractors

how 'bout it...? do ya think you can muster some sympathy...?
In a year when Washington's influence industry should be thriving, with epic battles over health-care and energy legislation, lobbying in many sectors is in marked decline as defense contractors, real estate firms and other companies pull back in a down economy.

Overall spending on lobbying has leveled off for the first time in a decade, according to disclosure data filed with Congress. Lobbying revenue for many of the city's most powerful advocacy firms, including bellwethers such as Patton Boggs and Akin Gump Strauss Hauer & Feld, plunged 10 percent or more in the first half of the year.

Washington also has 2,200 fewer registered lobbyists than it did a year ago, the lowest tally since shortly after George W. Bush took office in January 2001.


The formidable defense industry, reeling from tens of thousands of layoffs, has cut back expenditures by 17 percent this year. That was true even with the lobbying effort triggered by Defense Secretary Robert M. Gates's cancellation of the F-22 fighter jet and other major weapons projects, which had long survived thanks to the lobbying prowess of major contractors. Northrop Grumman has slashed its spending for lobbying in half, and Boeing and Lockheed Martin each have reduced spending by more than $1 million.


p.s. ya gotta love that term, "influence industry"...

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