Electric Scooter Posted May 16, 2014 #451 Share Posted May 16, 2014 (edited) I really think you are been delusional if you don't accept that the Obama Administration (and almost all other administrations) is front loaded with Banking lobbyists; http://www.businessi...nistration?op=1 An interesting read which significantly underplays the influence that none executive lobbyists have had on the policy towards banks and other sectors. To attempt to deny that Lobbyists buy policy measures with hard cash and favours seem mighty naive, it wouldn't be an issue if it wasn't for the fact that the business sector has the deepest pockets and almost always outspends the Civil sector in lobbying activities. Br Cornelius Have Police investigations shown a large chunk of the cabinet is in the banks pockets? That means bankers paying politicans to pursue their interests. The answer is no. Cash for questions is a rare event. When it comes to directors and senior managers lobbying political instituitions for change its normal practice. Its the normal procedure which Governments use to maintain a line of communication with organisations so that they can pick the policies which will bring the greatest economic benefit to the country and value to consumers. Lobbying is open to all businesses not just large corporations. For SMEs several bodies exist to lobby on their behalf such as the Federation of Small Businesses. Lobbying is valuable because without it the Government receives no feedback for how its policy changes are impacting business. If that were the case your countries GDP would be a lot lower and you'd have less money in your pocket. If I was President I'd wont some bankers on my team too for determining economic and fiscal policies. Edited May 16, 2014 by RabidMongoose Link to comment Share on other sites More sharing options...
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