K street antics

This is very frightening:

Welcome to the Machine This article in the Washington Monthly describes a long term project of the Republican party to change the largely bipartisan nature of K street lobbying firms and install Republican thought leaders. In return for political benefits to the lobbyists clients, the lobbyists and their clients are expected to play nice with the Republicans on other issues. K Street has been a moderating influence against drastic change, as some constituent always objects. Under this new right-wing symbiotic relationship, individual interests are somewhat subordinated to the right-wing agenda. One of the more fascinating aspects is how it dramatically improves Republican fundraising; for instance:“For years, conservatives have been pushing to divert part of Social Security into private investment accounts. Such a move, GOP operatives argued, would provide millions of new customers and potentially trillions of dollars to the mutual fund industry that would manage the private accounts. The profits earned would, of course, be shared with the GOP in the form of campaign contributions. In other words, by sluicing the funds collected by the federal government’s largest social insurance program through businesses loyal to the GOP, the party would instantly convert the crown jewels of Democratic governance into a pillar of the new Republican machine. “ Of course the whole premise of this system rests upon continued Republican control. If the Democrats can wrest back control of the House and Senate, or install another strong president some of these lobbyists and their constituents will likely find themselves closed out of the process. Oh what a lovely way to govern. (via The Filibuster) [metafilter.com]

Comments are closed.