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August 1, 2009

How Much They Are Spending

-- by Dave Johnson

Pay to Play Is Washington's Sport of Kings,

"This week, the Center for Responsive Politics reported that in the second quarter of this year alone, the pharmaceuticals and health product industries spent $67,959,095 on lobbying, and the insurance industry $39,760,477. Another $25,552,088 was spent by lobbyists for hospitals and nursing homes. That's a total of $133,271,660 in just three months, and that's not even counting the lobbying money spent to fight health care reform by professional associations like the US Chamber of Commerce."

I would just love to have the Swiss bank account numbers of those Dems voting against health care reform. (Not to imply there is any bribery going on, of course. I asked that completely unrelated to the above discussion of how much money the big corporations are spending to blog health care reform.)

By the way, did you see the big jump in the stock prices of the related companies last week after it was announced that the "Blue Dog" Democrats had managed to delay (which means possibly kill) health care reform?

Posted by Dave Johnson at August 1, 2009 11:59 AM


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