Attention Economy


Tuesday, August 20, 2013

Lobbying, Cronyism & Corruption – Is the US Really That Different?


NYTIMES reporter Andrew Ross Sorkin has an interesting piece on the topic of cronyism:

An interesting point from the above article:

“In Washington, the line between lobbying and bribery is not clear-cut. Until 2008, R. Hunter Biden, son of then-Senator Joseph R. Biden Jr., lobbied Congress regularly. The Washington Post reported last year that “56 relatives of lawmakers have been paid to influence Congress” since 2007.
While the House and Senate passed rules to limit some lobbying, the House left enough wiggle room for parents and children of lawmakers to still lobby.”