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Who Spends The Most Dollars Lobbying Washington, DC?

Tyler Durden's picture


Oil? Financials? Aerospace? When someone asks who the biggest sources of lobby dollars for DC's politicians-for-purchase are, these are the three usual suspects that come to mind. Some may, therefore, be surprised to learn according to the database kept by OpenSecrets between Pharmaceutical and health product industry, hospital and nursing homes, health professionals and health services, HMOs, or more broadly Pharma/Healthcare/HMO, the total lobby dollars spent between 1998 and 2012 was a staggering $5.3 billion, or nearly three times greater than the second most generous industry: insurance, and well above Oil and Gas at $1.4 billion, and Securities and Investment at $1.0 billion. Is it becoming clearer why the US government has few qualms about unsustainable taxpayer funded healthcare spending, especially when there are so many current benefits accruing to the politicians who see so many billions in benefits from passing lobby-friendly laws now (by which we mean generous taxpayer funding, the bulk of which benefits the healthcare industry's bottom line)?

As for the costs: who cares - just dump them on future generations. It's not like anyone expects the $16.7 trillion in US debt to be ever repaid.

Why is this important? Because as we showed nearly a year ago, the IRR on lobbying is by and far the highest of any investment return under the sun.

From: Presenting The Greatest ROI Opportunity Ever

The dream of virtually anyone who has ever traded even one share of stock has always been to generate above market returns, also known as alpha, preferably in a long-term horizon. Why? Because those who manage to return 30%, 20% even 10% above the S&P over the long run, become, all else equal (expert networks and collocated flow-frontrunning HFT boxes aside), legendary investors in the eyes of the general public, which brings the ancillary benefits of fame and fortune (usually in the form of 2 and 20). This is the ultimate goal of everyone who works on Wall Street. Yet, ironically, what most don't realize, is that these returns, or Returns On Investment (ROI), are absolutely meaningless when put side by side next to something few think about when considering investment returns.

Namely lobbying.

Because it is the ROIs for various forms of lobbying the put the compounded long-term returns of the market to absolute shame. As the following infographic demonstrates, ROIs on various lobbying efforts range from a whopping 5,900% (oil subsidies) to a gargantuan 77,500% (pharmaceuticals).

How are these mingboggling returns possible? Simple - because they appeal to the weakest link: the most corrupt, bribable, and infinitely greedy unit of modern society known as 'the politician'.

Yet who benefits from these tremendous arbitrage opportunities? Not you and I, that is for certain.

No - it is the faceless corporations - the IBM Stellar Sphere, the Microsoft Galaxy, Planet Starbucks - which are truly in the control nexus of modern society, and which, precisely courtesy of these lobbying "efforts", in which modest investments generate fantastic returns allowing the status quo to further entrench itself, take advantage of this biggest weakness of modern "developed" society to make the rich much richer (a/k/a that increasingly thinner sliver of society known as investors), who are the sole beneficiaries of this "Amazing ROI" - the stock market is merely one grand (and lately broken, and very much manipulated) distraction, to give everyone the impression the playing field is level.


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Mon, 03/11/2013 - 15:04 | 3320046 Motorhead
Motorhead's picture

Lobbyist turds.

Mon, 03/11/2013 - 15:04 | 3320054 Say What Again
Say What Again's picture

I'm looking for a cheap steroid injection.  Anyone got a phone number?

Mon, 03/11/2013 - 15:06 | 3320063 Motorhead
Motorhead's picture

Sorry, but may I recommend any MLB club?  Spring training is going on, so there should be plenty of it.

Mon, 03/11/2013 - 15:18 | 3320105 Say What Again
Say What Again's picture

Perhaps I was being a bit obtuse.

You DO know about the NECC scandal?

What I love about this story is that they were running a "sterile compounding" business literally next door to a trash dump! 

Who needs regulators these days when corporations are looking out for our best interest?

I hand the mike over to MDB...

Mon, 03/11/2013 - 15:29 | 3320137 hedgeless_horseman
hedgeless_horseman's picture



The stupid sheeple thought HIPAA was for "patient privacy" but it was just the opposite; HIPAA guarantees insurance companies access to all pre-existing conditions and medical history so they may measure you as a risk.  Providers are required by HIPAA to give all of your protected information to the health insurers.

Of the insurance companies, by the insurance companies, and for the insurance companies...just like Obama Care and its 80/20 rule that eliminates competition and GUARANTEES profits; it is exactly like the Federal Reserve Act of 1913.

Mon, 03/11/2013 - 15:29 | 3320163 Tijuana Donkey Show
Tijuana Donkey Show's picture

And in a darkness bind them together!

Mon, 03/11/2013 - 15:34 | 3320184 MillionDollarBonus_
MillionDollarBonus_'s picture

Another idiotic post by libertardians. If the healthcare lobbyists are so powerful, then how did our congress manage to pas the affordable healthcare act, even though the act forces medical insurance companies to put peoples’ lives ahead of personal profit? 

Mon, 03/11/2013 - 15:35 | 3320198 Say What Again
Say What Again's picture

This is a trick question, right?

Mon, 03/11/2013 - 15:52 | 3320253 hedgeless_horseman
hedgeless_horseman's picture



...they were running a "sterile compounding" business literally next door to a trash dump!

It's what's inside the door, not next door, that counts.

Your comment is like when the .gov raids a house and the "news reporter" says, "The owner was hoarding hundreds of rounds of ammunition and lived just blocks from an elementary school."

Mon, 03/11/2013 - 16:05 | 3320320 Say What Again
Say What Again's picture


Perhaps you haven't read all the info. 

1. The Compounding Lab and the Trash Dump processing facility shared a common building.

2. Both businesses are owned by the same guy, who withdrew $100,000s dollars from the business weeks prior to the news breaking the scandal.

3. Compounding Labs are required to have a prescription for each custom compound that they produce/deliver.  In the case of NECC, they had 1000s of fake Rx with names like Bart Simpson (later changed to John Doe).  This was similar to the robo-signing Ms. Green

So, I think this one is little bit different

Mon, 03/11/2013 - 16:18 | 3320345 hedgeless_horseman
hedgeless_horseman's picture



I am more familiar with the case than you can ever imagine.  There are no laws against having a sterile environment geographically, or architecturally, proximate to a contamination risk, and for good reasons.  Think about it.

In the case of NECC, they had 1000s of fake Rx with names like Bart Simpson (later changed to John Doe). This was similar to the robo-signing Ms. Green

Yes, and we already have adequate laws on the books for these offenses. 

I'm looking for a cheap steroid injection. Anyone got a phone number?

Drug abusers are very resourceful.  I, for one, do not want to pay for programs that attempt to prevent a drug abuser from using, if that is what they want to do. 

Mon, 03/11/2013 - 16:22 | 3320406 Say What Again
Say What Again's picture

Please clarify something for me.

Are you defending NECC and their fraudulent business practices?

Mon, 03/11/2013 - 16:38 | 3320490 hedgeless_horseman
hedgeless_horseman's picture



No.  I am calling you out on your fallacy of false cause.

Mon, 03/11/2013 - 16:39 | 3320510 Say What Again
Say What Again's picture

Which of my statements were incorrect, misleading, etc?

Mon, 03/11/2013 - 16:42 | 3320530 hedgeless_horseman
hedgeless_horseman's picture



Read any book on logic.  Correlation does not equate to causation. 

Mon, 03/11/2013 - 16:52 | 3320552 Political_Savage
Political_Savage's picture

Your mention of the dump next door is pointless (in a sense). A cleanroom should have airfilters and what-not. In theory you could have a cleanroom in chernobyl

It's a fact, but not relevant to the story where things really went wrong (caused deaths) - NECC was knowingly committing a crime by accpeting fake prescriptions (which they were required to have). 60min only added the fact to further the flame of the story.

Basically it was a nice tid bit that a) shows how stupid or careless the owner was. b) looked good on tv. c) shows you how stupid 60min really is.

What they didn't mention are the numerous information requests the FDA made to the company, but never followed up with.

Pretty sure the FDA wouldn't have been on the show if they were asked to answer those questions.

Mon, 03/11/2013 - 16:48 | 3320553 negative rates
negative rates's picture

Does anybody know what time it is?

Mon, 03/11/2013 - 18:45 | 3320913 Say What Again
Say What Again's picture

Please - Don't act so smug.

I'm well aware of the difference between Causation and Correlation.  Have you ever programmed any code to calculate this stuff?  Do you know how to do it in one pass of the data?

Perhaps you should read up on the Ludic Phallacy


Tue, 03/12/2013 - 00:41 | 3321573 H E D G E H O G
H E D G E H O G's picture

"Perhaps you should read up on the Ludic Phallacy" is that similar to the Phallic Lewdicity?:)

Tue, 03/12/2013 - 02:28 | 3321631 Say What Again
Say What Again's picture

How about a Lucid Phallus?

or ... ?Falo Grande?

Mon, 03/11/2013 - 23:51 | 3321528 salvadordaly
salvadordaly's picture


Mon, 03/11/2013 - 16:45 | 3320543 Chupacabra-322
Chupacabra-322's picture

Gotta keep those Psyochotropics flowing into the hands of our Criminal Project Monarch Patsy's hands.  How else can we keep the public in fear of our Government Black Op sponsers Flase Flags. 

I have to hand to the Bankster/Rothchilds owned, controled and operated Lucerferian Intelligence/"Agent Smith" media Agencies.   

They've completely PsyOp'd/Mind Fucked the American People's Psyche and perception of reality via Flase Flags coupled with media False Narratives. 


1. Define an act of terrorism as warfare. (This was done by Bush after 9/11, and people let him get away with it. Even though terrorist acts have always been covered by U.S. laws. The Oklahoma City bombing was not treated as “warfare” but as a crime to investigate and prosecute as usual.)

2. Declare that those who carry out a terrorist act can be imprisoned without a trial, because it would be “dangerous” and a threat to national security to give them a trial. (Witness: Jose Padilla, the prisoners at Guantanamo, imprisoned for years without a trial, which is illegal.)

3. Declare that those who carry out a terrorist act can be killed without a trial, just like on the battlefield.

4. Widen the definition of terrorism to anyone who “gives support” to terrorists. As we have seen from no-fly lists, this includes anti-war people who have organized against the invasions of Iraq and Afghanistan. It also includes “right-wing extremists” who oppose the globalist agenda.

Done. Now you can do whatever you want.

When the dollar collapse comes, ordinary Americans who demonstrate against the globalist state can be disarmed, registered, harassed, have their employers called and questioned to scare them, have their leaders imprisoned without a trial, under the pretext that they are giving support to “the terrorists”. The way the globalists act, there will always be “terrorists” who strike back by force. This is useful for the globalists.


            Reporter Ron Suskind nailed it to the wall when he got Carl Rove to blurt this out.


“We’re an empire now and when we act, we create our own reality and while you’re studying that reality, judiciously, as you will, we’ll act again, creating another new realities, which you can study too.  And that’s how things will sort out.  We’re history’s actors, and you, all of you, will be left to just study what we do.”


-Carl Rove






Mon, 03/11/2013 - 20:13 | 3321150 Zap Powerz
Zap Powerz's picture

I fucking hate Carl Rove.

Mon, 03/11/2013 - 20:26 | 3321178 nmewn
nmewn's picture

He's on the list.

Tue, 03/12/2013 - 00:41 | 3321574 lewy14
lewy14's picture

Are we sure Rove really said this?

Sounds a lot like Steve Jobs.

(And it's "Karl", btw.)

Mon, 03/11/2013 - 20:15 | 3321154 Chupacabra-322
Chupacabra-322's picture







Mon, 03/11/2013 - 22:52 | 3321469 .25hors
.25hors's picture


3/10 this+ was posted day before:

yet d.c.'s AlphabetCity ain't nothin compared to INTER-ALPHA
The INTER-ALPHA GROUP is a ROTHSCHILD creation dating from
when the United States was taken off of the Gold Standard in 1971.
This group of Banking Corporations exercises control of 70 plus percent of the entire World Economy.

•AIB Group, Ireland
•Banco Espírito Santo, Portugal
•Commerzbank, Frankfurt am Main, Germany
•ING Bank, the Netherlands
•Intesa Sanpaolo, Italy
•KBC Bank, Belgium
•Nordea, Denmark, Finland and Sweden
•National Bank of Greece, Greece
•The Royal Bank of Scotland Group, UK
•Santander, Spain
•Société Générale, France


Tue, 03/12/2013 - 07:29 | 3321817 Pemaquid
Pemaquid's picture

"Drug abusers are very resourceful . I for one, do not want to pay for programs that attempt to prevent a drug abuser from using, if that is what they want to do."

Nor do I, HH, but the alternatives - prison or stealing from me - might very well be more expensive.

Just sayin

Mon, 03/11/2013 - 21:01 | 3321272 Muddy1
Muddy1's picture

It is a BS ? that conveniently forgets to include how much money was spent by banksters lobbying for both to big to fail and to big to jail

Mon, 03/11/2013 - 15:40 | 3320213 El Viejo
El Viejo's picture


Mon, 03/11/2013 - 15:51 | 3320250 marathonman
marathonman's picture

In that vein (so to speak), If banker lobbyists were so powerful, then how did our congress manage to pass the Federal Reserve act, even though the act forced the banks to be heavily regulated by government?  What a stupid line of reasoning.  MDB - I expected better of you.  You're slipping.

Mon, 03/11/2013 - 16:00 | 3320292 A. Magnus
A. Magnus's picture

You're a SPECIAL kind of stupid, aren't you? How is charging people federal penalties for being too poor to afford private insurance putting people before profits IN ANY FUCKING RATIONAL SENSE OF THE WORD?

Mon, 03/11/2013 - 16:42 | 3320531 Political_Savage
Political_Savage's picture

I expected better MDB - you're hearts just not in this one.

It's alright, everyone has an off day.

Mon, 03/11/2013 - 16:49 | 3320560 InTheLandOfTheBlind
InTheLandOfTheBlind's picture

MDB has been having a lot of off days lately.

Mon, 03/11/2013 - 20:32 | 3321194 LongBallsShortBrains
LongBallsShortBrains's picture

You put the ass in assumption.

Mon, 03/11/2013 - 22:56 | 3321451 prains
prains's picture

22.9 billion dollars spent on graft and you say you live in the greatest country in the world, fuck that


united sycophants of america

Tue, 03/12/2013 - 00:35 | 3321562 SnobGobbler
SnobGobbler's picture

drrrtt.  aca will hasten our "liberation" from meat-suit stupor!

Tue, 03/12/2013 - 00:50 | 3321582 rich_wicks
rich_wicks's picture

If the healthcare lobbyists are so powerful, then how did our congress manage to pas the affordable healthcare act, even though the act forces medical insurance companies to put peoples’ lives ahead of personal profit?


And the Patriot Act is Patriotic.

At least, that's what your counterpart idiots think on the other team.

So sick of the party cheerleaders still beleving every dropping out of the ass of the team leader is DA TRUTH.    Health Insurance hasn't gotten cheaper.  It's not more affordable.  You are just required by law to pay for insurance now, no matter how useless or shitty it is, or have the government fine you.

So now, no matter how useless insurance becomes, you still have to pay for it.  That's what we've all been signed up for.

Tue, 03/12/2013 - 01:51 | 3321615 ebworthen
ebworthen's picture

We know that the _ at the end of your avatar name is a substitutie for <sarc> on every post, but keep up the good work anyways.

Tue, 03/12/2013 - 02:25 | 3321630 All Risk No Reward
All Risk No Reward's picture

MDB, you don't want to be the last person in America to figure out that one has to invert the name of these "acts" in order to determine the real intent of the "act."

Americans are paying more and getting less.

But that's not the worst part.

The worst part is the service sector is already moving towards 28 hours weeks in order to offload the sick care costs from business onto the people.

That's 30% pay cut and an increase in sick care epxpenses that have to be borne by Joe 6 Pack.

Note that 28 x 2 = 56 = 7 x 8...  so everyone who can't eat a 30% reduction in hours can gets a second job and work 7 days a week.

Mark these words, a miraculously smooth transition will be made so that two weekly shifts of 28 hours each will magically fall in line (because that's the plan!).

This bill is wicked for the average employed serf.

Tue, 03/12/2013 - 05:25 | 3321728 ebworthen
ebworthen's picture

And this is why food stamp participation is at an all time high and percentage of workforce is at an all time low.

Yes, there are many sheeple, but when it comes down to nuts and bolts (and food, booze, cigarettes) the American people are still innovators.  Milk the fucking system is what many are doing; and after the bailouts of the banks and no jail for bankers rigging rates and outright stealing people's savings you really can't blame them.

If you do, you had better in the same breath demand jail for Corzine, LIBOR riggers, MERS thieves, and the bailout bandits and FED taxpayer funded cotton candy for Wall Street or you deserve to hang.

Wed, 03/13/2013 - 22:54 | 3328476 All Risk No Reward
All Risk No Reward's picture

eb, all the low end moochers are short sighted, though.  Kickin' back will work until it doesn't - then they are really hosed...  and the really hosed condition is sustainable, unlike their current "goodies" from Uncle Debt Money Tyrant.


Tue, 03/12/2013 - 05:08 | 3321724 FlyinaRage
FlyinaRage's picture

I think you meant Corporate profit in your josh. Please, you were, right?

Tue, 03/12/2013 - 05:59 | 3321749 Freewheelin Franklin
Freewheelin Franklin's picture

That's "liberturdians", twat waffle.

Mon, 03/11/2013 - 16:47 | 3320541 sessinpo
sessinpo's picture

hedgeless:   "HIPAA guarantees insurance companies access to all pre-existing conditions and medical history so they may measure you as a risk. "



This is false. Any company (and I have worked in HC - specifically with BCBS) has contracts in which at some point you have to disclose your liabilities. The contract includes an exclusion of liability for not being forthright (think of fraud). For the health care industry, that would be your health status and history of medical problems. If anything, it has been the electronic transfer of medical records that has made health history more accessible. And that was done under HIPAA, but not for the reason you state.


You need to think outside the box.

The idea in health care is that eventually the Federal Government will take over. Those health care companies/employees would become government employees at some point. And the true access/danger is government having access to your health information.  Health care companies already have your health history, most simply through billings or claim filings. Government is after those records.

Mon, 03/11/2013 - 17:34 | 3320556 hedgeless_horseman
hedgeless_horseman's picture



specifically with BCBS) has contracts in which at some point you have to disclose your health history otherwise the contract includes an exclusion of liability for not being forthright

Yes, but that still was not enough; patients were not disclosing negative history, despite  scary exclusions of liability that, in practice, were ineffective (nobody reads the insurance contract) and rarely enforced. 

Therefore, HIPAA takes the disclosure of your health history out of your control and makes it a Federal requirement for the healthcare provider to disclose your health history.

Fascism, your soaking in it.

Mon, 03/11/2013 - 22:01 | 3321175 nmewn
nmewn's picture

And that digitizing and centralization of an individuals medical records is just working out swell ain't it? Was supposed to save consumers "billions", now, rife with fraud...and of course, naturally, costing "consumers" out the wazoo.

And...better than expected!


Much better to junk in anonymity than to admit you were fucking duped.

But but'll be freeeee!!!..and more eeeficieeent!!!

Tue, 03/12/2013 - 01:55 | 3321617 ebworthen
ebworthen's picture

I just lie to the mother fuckers every chance I get.

Smoking, drinking, diet, family history; you name it.

I can't fake the blood tests but I have the willpower to lower my cholesterol and be nicotine free for a weak.

This is war after all.

I've started to sign things with all sorts of different signatures, real one, doctor style, five year old, and random scribble.

Some days I'm a femaile from Detroit Michigan born in 1982 and sometimes I'm a male from Orlando Florida born in 1942.

Tue, 03/12/2013 - 03:17 | 3321651 Intoxicologist
Intoxicologist's picture

Hey, are you the reason I got a bill from Green Bay, Wisc, this summer?  I haven't been to a doctor since I blew out a disc from a car crash in, ohhh, 2005.

Tue, 03/12/2013 - 03:32 | 3321660 ebworthen
ebworthen's picture

Sorry, that might have been me.  So many random perona's, I've forgotten.

Of course, it could be that doctor fishing for money, or the collection agency or insurance company - as they are known to scare people into paying for services they never recieved or that insurance should cover.

It's a modern version of the beat-down, the Sherrif of Nottingham, Guido, or that pea-brained jock who shook you down for your lunch money back in the day.

Tue, 03/12/2013 - 03:55 | 3321670 Intoxicologist
Intoxicologist's picture

No worries.  I threw it away. 

Been fighting a collection bill on an account I've been paying for years.  They don't scare me.  I've written enough letters to avoid court action for going on two years now on one account.  Others, I don't ever hear from again after a few well-thought-out words.

Three collection agencies, three lawyers, and they keep passing me around.  When I respond to a dunning notice, I reference my account as The Hot Potato. 

I get a kick out of it, actually. 



Mon, 03/11/2013 - 22:16 | 3321414 willwork4food
willwork4food's picture

HIPAA privacy laws gives exclusive rights to (HomelandSecurity) emergency operators. YOU cant have your son's records, but the DHS can..and does.

Tue, 03/12/2013 - 02:05 | 3321622 ebworthen
ebworthen's picture

Okay, so six years ago or so I wound up in the E.R. thinking I was having a heart attack.  Turned out to be Pericarditis, an inflammation of the lining around the heart.  Took them 14 hours to diagnose.  They shot me up with two pain killers, then tried the morphine - still hurt like a son of a bitch (they could not believe I told them 8 out of 10 on the pain scale after they shot me up with morphine but that is how much it hurt).

Anyways, before they quite figured it out they did an MRI of my heart/aorta etc., and did an echo-cardiogram. The technician doing the echo-cardiogram would not let me see the images, nor would he say a word about it.  Even the doctors would not tell me what it showed other than "you did not have a heart attack".

Let's see, my insurance premium, my 20% out of pocket exorbitant expenses to pay, my body under their probes and machinery and they would not tell me anything about what I was paying for or they were seeing.  Yes, I felt like a lab rat getting shocked.

Privacy, yeah right, they had privacy to my body and scans and tests and images and I had no right to my own information or body - had to fight to get the hell out of the germ factory of a hospital even after they realized it wasn't a heart attack.

A 25+ year nurse was the one who figured out what was going on by using a stethoscope.  Not the ER docs, not the regular Cardiologist, not the technicians manning the machinery and gadgets.

Mon, 03/11/2013 - 15:34 | 3320165 Kitler
Kitler's picture

Nobody beats Wall Street.

From 1998 to 2011 cumul;ative lobbying expenses from the Finance, Insurance and Real Estate (FIRE) sector show to be even geater than the 'Healthcare' Industry.,o...

Tue, 03/12/2013 - 02:20 | 3321627 ebworthen
ebworthen's picture

Finance, industry, and real estate cornered the CONgress and got their jizz in the crisis.

Big Pharma and Insurance are hammering the complicit criminals in Washington to make sure they can fuck over the citizenry via Obamacare in the years to come.

But yes, it is after all a part of Wall Street and the mawkets and the God of PROFIT.

Mon, 03/11/2013 - 15:36 | 3320200 resurger
resurger's picture


Mon, 03/11/2013 - 21:57 | 3321389 tarsubil
tarsubil's picture

Doctors go to crappy compounding centers like NECC because of regulations. Please, do not ask for more regulations. Just hold these people accountable after their gross negligence gets someone killed instead of letting them file bankruptcy and sell the company and then ... start all over again. Regulators just fly cover for bad business and give people a false sense of security. Regulators by in large suck.

Mon, 03/11/2013 - 15:07 | 3320070 Seasmoke
Seasmoke's picture


The cops get all the steroids they want. And the stupid taxpayers pay for them.

Mon, 03/11/2013 - 20:16 | 3321155 Zap Powerz
Zap Powerz's picture

This country is too fucked up to last much longer.

Mon, 03/11/2013 - 15:10 | 3320077 McMolotov
McMolotov's picture

Jan "The Man" Napolitano could probably hook you up with some testosterone.

Mon, 03/11/2013 - 15:11 | 3320082 redpill
redpill's picture

She likes to do shots of T-boost with a 9mm bullet in the bottom.  That's why DHS is buying all that extra ammo.

Mon, 03/11/2013 - 22:14 | 3321406 EvlTheCat
EvlTheCat's picture

Nevermind....  Good job SeaSmoke

Tue, 03/12/2013 - 05:55 | 3321746 Freewheelin Franklin
Freewheelin Franklin's picture

Srsly? They sell steroids on the Silk Road.

Mon, 03/11/2013 - 15:06 | 3320062 redpill
redpill's picture

Out of curiousity, does this include things like secret private plane rides for Senators to have sexual encounters with underage girls in the Dominican?

Mon, 03/11/2013 - 15:25 | 3320142 PeeramidIdeologies
PeeramidIdeologies's picture

Making it in America 101

Mon, 03/11/2013 - 15:27 | 3320151 A Lunatic
A Lunatic's picture

Filed under STD research.......

Mon, 03/11/2013 - 20:40 | 3321197 nmewn
nmewn's picture

I never flew on the doctors private jet! was only one ride...ok, a couple flights. Alright, ok, fine, I'll reimburse the good doctor for his jet rides for A THIRD OF MY KNOWN LIQUID ASSETS....but not a penny more! The girls weren't that good anyways.

(Wait...what did I just say?)

And thats the lowball figger...

"So Menendez’s decision last month to use his personal funds to reimburse a prominent political contributor $58,500 for two flights to the Dominican Republic came at a major cost. The repayment amounts to between 32 percent and 87 percent of the assets Menendez reported holding in bank accounts and stock, according to his latest financial-disclosure form, which was filed last year."

Oh my ;-)

Mon, 03/11/2013 - 22:17 | 3321416 Tijuana Donkey Show
Tijuana Donkey Show's picture

Key phrase:" reported assets"

Mon, 03/11/2013 - 15:12 | 3320081 overbet
overbet's picture

Feed them garbage food with no nutrients and they need more meds. Vicious cycle. I wonder what the USA would look like as a society if all the anti gun folks were as concerned about GMOs

Mon, 03/11/2013 - 15:51 | 3320249 Groundhog Day
Groundhog Day's picture

Kill a person selling them bad crack, life sentence

Kill 50k people selling them faulty FDA approved prescription drugs....just pull the drug off the streets i mean market and settle all lawsuits for 10 cents on the dollar or litigate untl the family gives up 

Mon, 03/11/2013 - 21:24 | 3321324 Anusocracy
Anusocracy's picture

Or kill 50k people by not approving a drug that had been approved in Europe for 10 years so US companies could have time to develop their own competing drugs.

That's good for an attaboy.

Mon, 03/11/2013 - 22:17 | 3321417 willwork4food
willwork4food's picture

That's good for a +10.

Tue, 03/12/2013 - 20:53 | 3324460 Ctrl_P
Ctrl_P's picture

...and duly supplied.

Mon, 03/11/2013 - 16:28 | 3320438 Payable on Death
Payable on Death's picture

The government ASKS to be lobbied. There has been telecom legislation proposed just to cause the lobbying dollars to flow. Bush brought along drug companies for the prescription drug benefit by prohibiting Medicare from negotiating price. Obama bought off the insurance companies for Obamacare by promising many new customers. For the current gun control efforts, one of Obama's first stops was Walmart, the nation's largest gun retailer. Why? Obama wants to prohibit private gun sales. Less private sales, more Walmart sales.

We're in an oligarchy. This is where left and right can meet. Crony capitlists (corporate welfare) are as bad as Reagan's Welfare Queens. The Republican party has failed the country (but served themselves) by being pro-business when they should have been pro-market.

Tue, 03/12/2013 - 04:05 | 3321677 Ghordius
Ghordius's picture

+1 "pro-business" instead of "pro-market"

Mon, 03/11/2013 - 16:58 | 3320586 zorba THE GREEK
zorba THE GREEK's picture

Could that be the reason healthcare cost have risen much more than inflation?

Do you think it might be time for real healthcare reform?

Then first we will need to reform lobbying and government.

Mon, 03/11/2013 - 18:53 | 3320940 Stuck on Zero
Stuck on Zero's picture

I beg to differ with the Author.  The largest lobbyist for government money is government itself.  Hop on any plane headed for DC and you'll find dozens of US government employees headed to DC to lobby for their department, lab, facility etc.


Mon, 03/11/2013 - 21:48 | 3321370 Bruin4
Bruin4's picture

WHErE is the prison industrial complex?  More Zanax NOW!

Mon, 03/11/2013 - 15:04 | 3320053 Shizzmoney
Shizzmoney's picture's gone.

Mon, 03/11/2013 - 15:06 | 3320065 unununium
unununium's picture

Look at where your paycheck goes.  Taxes, interest, energy, HEALTHCARE.

It's the wealth extraction engine of the next century.

Mon, 03/11/2013 - 15:06 | 3320066 Seasmoke
Seasmoke's picture

They wrote Obamacare afterall.

Mon, 03/11/2013 - 15:09 | 3320071 ebworthen
ebworthen's picture

Pharma/Healthcare/HMO's first and Insurance second, surprise.

The banks don't need to lobby as much because they own the FED.

Why is lobbying by corporations legal again, and why are corporations considered "individuals"?

Oh yeah, because the U.S.S.A. is a giant plantation (back to picking cotton).

Mon, 03/11/2013 - 15:31 | 3320174 Real Estate Geek
Real Estate Geek's picture

I'm in favor of corporations being considered individuals . . . IF the CEO will be imprisioned when the corporation violates the law.  And, as Tabbi said in his inimitable fashion, it would have to be a "real, pound-you-in-the-ass prison."

Tue, 03/12/2013 - 03:10 | 3321076 Ignatius
Ignatius's picture


Mon, 03/11/2013 - 15:10 | 3320074 francis_sawyer
francis_sawyer's picture



When it's joobux printed out of thin air, take a wild guess who [REALLY] spends the most...

Mon, 03/11/2013 - 17:50 | 3320761 Pseudo Anonym
Pseudo Anonym's picture


Mon, 03/11/2013 - 20:02 | 3321121 francis_sawyer
francis_sawyer's picture

close ~ JESUIT faction thereof...

Mon, 03/11/2013 - 15:11 | 3320076 JohnnyBriefcase
JohnnyBriefcase's picture

Where's AIPAC?


Or is it implied that it encompasses all of them?

Mon, 03/11/2013 - 15:35 | 3320194 resurger
resurger's picture

They pretty much own the Government.

Mon, 03/11/2013 - 15:58 | 3320277 machineh
machineh's picture

AIPAC doesn't have to stoop to lobbying.

AIPAC just throws a big annual convention and dinner, and half of Congress and the cabinet come to them to scrape and grovel.

'We love you long time!' promise the politicians. 'Israel's wish is our command!'

Mon, 03/11/2013 - 22:21 | 3321422 willwork4food
willwork4food's picture

You have to ask yourself: 'Why is that"?

Well, for starters you might want to check out the first orginator of a fiat bank: The bank of London.

Tue, 03/12/2013 - 03:34 | 3321662 CitizenPete
CitizenPete's picture

ZOG permeates the entire fabric - Congress takes an oath to uphold that fact while cabinet members (even the former HEAD of Homeland Security) hold Israeli Citizenship -- Israel: the last country on the planet to attack and murder American Sailors at Sea (The USS Liberty false-flag cover-up); with more ties to the events on Sept. 11th than any other government; the country who benefited more from the Bush Neocon doctrine than any other country.

Mon, 03/11/2013 - 15:11 | 3320083 David Fry
David Fry's picture

Health Insuance Co's raising rates furiously before Obamacare kicks in.

Mon, 03/11/2013 - 17:15 | 3320631 Panafrican Funk...
Panafrican Funktron Robot's picture

They have free reign to do so.  Obamacare doesn't actually contain any cost control or caps on rates, humorously enough.  It's a great, great thing to have a boogeyman though.  Obamacare maybe adds 2-3% in total spend for big insurance companies.  How much have your rates gone up?

Mon, 03/11/2013 - 23:37 | 3321514 Kickaha
Kickaha's picture

The rate increases are necessary because of ZIRP.  Investment revenue down=premiums up.

Mon, 03/11/2013 - 15:12 | 3320085 hooligan2009
hooligan2009's picture

the truth is out there...great post

Mon, 03/11/2013 - 15:35 | 3320089 JustObserving
JustObserving's picture

It's not like anyone expects the $16.7 trillion in US debt to be ever repaid.

The $123 trillion in unfunded liabilities, growing at $6.9 trillion a year, have not one chance in a trillion of being paid off unless they are paid off in Zimbabwean dollars. 

Bernanke is doing his best - he may surpass Zimbabwe.  Yes, we can.

Mon, 03/11/2013 - 15:14 | 3320090 HD
HD's picture

US "Healthcare" has a surprise coming. All the unemployed and those with new no benefits part time jobs will steadily start to overwhelm the system. Obamacare does nothing, NOTHING to control costs.

Stay healthy folks.



Mon, 03/11/2013 - 15:45 | 3320223 NotApplicable
NotApplicable's picture

Between Mark Sisson's "Primal Blueprint" and Dr. Davis' "Wheat Belly" I'm in the process of completely transforming my health.

ALL of my adult belly fat weight is coming right off, and I've never felt better.

Interestingly enough, the MSM is attacking these lifestyles as "dangerous diet fads" so I know I'm on the right path.

Long story short, modern wheat is poison. There is NO SUCH THING AS A HEART HEALTHY GRAIN! Between it and all of the additives in processed foods, your body no longer has the OPPORTUNITY to function correctly, but is constantly in a panic mode trying to restore homeostasis. Which is behind both diabetes and the obesity epidemics.

Remember folks, the USDA is an organ of the lobbyists too. I would encourage everyone to read these books. The most bizarre aspect? Everything in them is simply common sense. So, of course, science would attack this unwanted competition.

Mon, 03/11/2013 - 22:25 | 3321425 Tijuana Donkey Show
Tijuana Donkey Show's picture

Agreed! I jumped on both, and never looked back. Down 30 pounds, recovered from some major health issues, and just feel better. Add in an intense martial art, and your set. My only thing a bit different is that I try and eat 50-60% of my meals vegetarian, and when I eat meat, I strive for cruelty free meats. As Michael Pollen sumed it up - "Eat, not to much, and mostly plants." 


Also, try and go barefoot, or get 0 drop shoes, you'll be better for it. Padded sole shoes were destroying my back.

Mon, 03/11/2013 - 15:15 | 3320096 NoDebt
NoDebt's picture

I have an idea.  Let's get the government to force people to pay for for-profit healthcare while putting no constraints on what it costs.  Kinda like forcing everyone to go to college RIGHT NOW, regardless of the cost, financed by a government loan you can't even discharge in bankrupcy.

Ding!  Wish granted. 

Welcome to 2014!

Mon, 03/11/2013 - 15:15 | 3320098 jeebus
jeebus's picture


Mon, 03/11/2013 - 15:16 | 3320101 lolmao500
lolmao500's picture

When corporations lobby, they get what they want... when people lobby, they are told to go fuck themselves.

Mon, 03/11/2013 - 20:44 | 3321228 Terminus C
Terminus C's picture

You just need to come up with $1 billion and they will listen to you.

Modern Democracy: $1 = 1 Vote

Mon, 03/11/2013 - 15:17 | 3320103 jimijon
jimijon's picture

F'ing free loaders ... corporate welfare. Eliminate all welfare now.


Mon, 03/11/2013 - 15:22 | 3320127 Dr. Gonzo
Dr. Gonzo's picture

More fluoride in my water please.

Mon, 03/11/2013 - 15:31 | 3320129 Mercury
Mercury's picture

 Is it becoming clearer why the US government has few qualms about unsustainable taxpayer funded healthcare spending, especially when there are so many current benefits accruing to the politicians who see so many billions in benefits from passing lobby-friendly laws...


Especially in light of the fact that they (in government) have exempted themselves from Obamacare which will be an absolute compliance, rent-seeking and denial of service shitstorm for everyone else.

Mon, 03/11/2013 - 15:23 | 3320134 russwinter
russwinter's picture

The financial Pig Men have their lobbyists inside and running the Gubnut, so no as much outside lobbying required. 

Mon, 03/11/2013 - 15:25 | 3320144 Snoopy the Economist
Snoopy the Economist's picture

I'm puking after reading this. Will this never end? It's totally disgusting to screw us like this. They are truly sub-human and should be treated as traitors - both lobbyists and politicians.

Mon, 03/11/2013 - 15:27 | 3320149 Dieselclam
Dieselclam's picture

15 categories, 14 years, 20 billion dollars. On average, that's low enough to give up politics and go into central banking.

Mon, 03/11/2013 - 15:29 | 3320159 Global Hunter
Global Hunter's picture

You know what?  I could print up that chart and show it to all my "educated" family members and they'd still think I was mad.  Serves me right I suppose, I practice homeopathy.  

Mon, 03/11/2013 - 22:28 | 3321433 Tijuana Donkey Show
Tijuana Donkey Show's picture

I'm against all of this talk of people supporting homeopathic marriage. Marriage is between two insured adults, and nothing more, as it says in the highly edited Constituibible. 

Mon, 03/11/2013 - 16:05 | 3320161 medium giraffe
medium giraffe's picture

Thanks to Ben + algos the markets are doing great.

Jobs numbers are improving without any of us needing to actually turn up to these 'jobs'.

Consumer confidence is doing fine without any of us needing to be asked our opinion.

Politicians are getting all the votes and support they need without our help.

Heads of state are making policy decisions without any public input at all.

 I do apologise for using up so much oxygen, I'll just go Fuck Off and Die somewhere, shall I?  


Mon, 03/11/2013 - 15:29 | 3320164 ptoemmes
ptoemmes's picture

OK, it's the MSM and it's CNN, but I still suggest you give it a watch:

Mon, 03/11/2013 - 15:29 | 3320166 A Lunatic
A Lunatic's picture

This can't be right. Obama promised to put an end to lobbyists and special interest groups......

Mon, 03/11/2013 - 15:31 | 3320170 rhinoblitzing
rhinoblitzing's picture

$90 Billion a year could be saved if we negotiated Rx prices ... Hmmmm

That's about two months of printing right there!

Impeach Obama Now!

Mon, 03/11/2013 - 15:34 | 3320181 swissaustrian
swissaustrian's picture

Aaand life expectancy is down in the US...

Gimme moar vaccines, GMO and fluoride!

Mon, 03/11/2013 - 16:29 | 3320463 toothpicker
toothpicker's picture

But... but... I thought mercury was healthy to inject?

Mon, 03/11/2013 - 22:29 | 3321437 Tijuana Donkey Show
Tijuana Donkey Show's picture

I call this issue terminal obesity. 

Mon, 03/11/2013 - 15:34 | 3320183 icanhasbailout
icanhasbailout's picture

Pharma was an easy first guess - I didn't even need to see the chart to know that. They're the #1 reason for this ACA fiasco.


It's going to be a bitch unwinding this law when people find out what it's like living with it.

Mon, 03/11/2013 - 15:34 | 3320185 Global Hunter
Global Hunter's picture

serious question,  would "Lobby Dollars Spent" include campaign contributions?

Mon, 03/11/2013 - 15:50 | 3320216 unplugged
unplugged's picture

We are a stupid society of arrogant fools that proudly teaches its offspring so much rubbish.   We think debts are harmless, especially the national debt of $16.7 trillion.  We think the Constitution is worthless and therefore ignore it, or worse we think its harmful and therefore impugn it.  We think Big Govt is benevolent and therefore support it and even worship it as a (false) god.  We deserve to suffer the consequences of our decadence, stupidity, ignorance, apathy, and arrogance. And we will.



Mon, 03/11/2013 - 17:18 | 3320644 The Heart
The Heart's picture

"We deserve to suffer the consequences of our decadence, stupidity, ignorance, apathy, and arrogance. And we will."

Most people will never know the real truths about mind control, MK Ultra, and how the nazi-bush crime family's big pharma mob plays into the central planers manipulations for control, and eventual population elimination agendas.

Mon, 03/11/2013 - 15:54 | 3320260 Composter
Composter's picture

What about Military Offense Spending ?

It is used to be called "defense spending" - but it's never been about defense.

Mon, 03/11/2013 - 16:11 | 3320330 NuYawkFrankie
NuYawkFrankie's picture

El Presidente in Pill Pushers pocket.

Guess they don't call him Barry O'Pharma for nothing.

Mon, 03/11/2013 - 16:12 | 3320337 dolph9
dolph9's picture

Yeah, I mean, I've argued for awhile that the USA is the single most corrupt country on the planet.

That doesn't mean we aren't powerful.  We are.  In fact the two go hand in hand...absolute power corrupts absolutely.

And that doesn't mean you can't have a reasonably decent life.  You can.

But for the sheer scale, the enormity of corruption, there is no other country that comes close.  China is trying to get there, they never will.

Mon, 03/11/2013 - 16:18 | 3320393 Kirk2NCC1701
Kirk2NCC1701's picture

Where's Aerospace & Defense?  Or no need to officially lobby, given the revolving door policy between DoD and the MIC?

Mon, 03/11/2013 - 16:22 | 3320414 Kirk2NCC1701
Kirk2NCC1701's picture

Aren't lobbyists just lawyers by education?  It seem that if an ambitious lawyer can't get into a decent law firm or into politics, you go into lobbying.  /What did Napoleon say about lawyers? /sarc

Mon, 03/11/2013 - 16:26 | 3320442 jomama
jomama's picture

another fucked-up aspect of this faustian bargain is that most pharma companies don't really care about the physical or mental side effects of these drugs...  I'm in the industry, and some very big companies have very poorly vetted processes.  That is, sometimes production and purification doesn't always go to plan in terms of the quality of the drug production.  Most of these companies use microbes to manufacture their drug proteins.  Many times they are on aggressive timelines, since the FDA flaming hoops are multi-year processes.  I've personally worked in production sites where the process didn't go to plan - like the culture building up toxinsm, or misfolded proteins because of sub-optimal production conditions, as a couple examples.   They do clean it up somewhat with filtration and chromatography, but many times, there is a lot of junk left over.  And the clinical trials only focus on efficacy of drugs, not these impurities that can and do cause severe physical and mental side effects.   Additionally, all the heavy metals that people ingest with these drugs either bioaccumulate in human bodies or is excreted into our waste water streams, that are not processing water for heavy metals.  So anyone on city water is surely taking in residual Pharmaceuticals unless you filter the shit out of your water. (i'm talking the very expense units that can remove flouride and other metals). 

The whole ball of wax poisons all sentient life on the planet, all the while making a tidy sum doing it.

I've kind of had it up to here with the greed of humans.

Mon, 03/11/2013 - 16:33 | 3320470 Jack Burton
Jack Burton's picture

I knew it was health care, I mean sick care. Follow the money, Health Care is, as the Wall-Street Journal called it years ago, the engine that drives the US economy. And it has only grown since then. In fact, there is probably no institution on earth that is so profit intensive as US health care, I mean sick care.

Even that tool of the corporation, CNN, ran a damning report last night on the costs of sick care and how pathetic the results are. US health care has NOTHING to do with patient health, it has everything to do with treatment of cronic health problems and disease. The sicker the population the bigger the profits. Keep the patient alive and keep him under treatment.

I will admit I never thought I could praise the whores at CNN, but they actually had the courage to say that the biggest cost nightmare coming is the almost unlimited expense that military health care and veteran's health care is becoming. It is simply a disaster, and as the wars drag on, set to only grow. And before some hero gets on here and blasts me for picking on veterans, I am a veteran. As of yet I have had no need to go to the VA for any health care, as I have private health insurance now, and have not been sick anyways!

Mon, 03/11/2013 - 16:41 | 3320527 earleflorida
earleflorida's picture

and there he is folks, crossing the finnish line with not a drip of sweat on his low`brow... said, forehead? the greatest marathon runner in history-- the honorable 'Tom Daschle'!

Mon, 03/11/2013 - 16:48 | 3320551 Crash Overide
Crash Overide's picture

I read somewhere the other day someone had the idea...

Mandatory dress code for government employees like NASCAR showing all the patches of the corporate sponsors so we know who owns them.

Mon, 03/11/2013 - 16:53 | 3320564 InTheLandOfTheBlind
InTheLandOfTheBlind's picture

This might be some what palatable if we actually could receive care that we are insured for.  I don't know about you, but these young doctors are the most spineless bunch that would gladly turn over all information (whether real or fabricated) to big brother in hopes of maintaining their licenses.  These rodents will live in a state of constant black mail and their patients will pay the price.  Fuck doctors!!

Mon, 03/11/2013 - 17:18 | 3320645 Herdee
Herdee's picture

The State of Illinois should do some lobbying for free money.Try a debt of 96.8 billion in unfunded liabilities in pension funding and blatantly misleading their people.Top it off with the worst credit rating amongst all States in the Union.I wonder if some top former politicians(including one in the Whitehouse) new about that long and growing scandal?No,and you guessed right,the SEC never looked at that or how it came about.They whitewashed the whole scam and no penalties.

Mon, 03/11/2013 - 17:25 | 3320664 orangegeek
orangegeek's picture

Pharma is kind of fucked.  The entire "recession proof" industry is a "product pipeline" industry that lives and dies on 25 year patents. 


Once the patents run out, the generics kill the margin and the brand sales die overnight.


So how does pharma keep going?  Receptors - the molecule that binds the treatment to the cells.  Well this is running out of steam too.


So what's left?  Receptor vitamins (short term and ineffective financially), merging companies and bribing governments to make rules that fuck the patient and benefit pharma (and of course a few kickbacks to the doctors).


In short, don't get sick.  And if you do, see alternatives as well.  This industry is about treating symptons and NEVER curing problems - always has been, always will be.


Mon, 03/11/2013 - 18:59 | 3320960 SmittyinLA
SmittyinLA's picture

I don't see "public employees" aka "the state" listed nor do I see lawyers.

Mon, 03/11/2013 - 19:49 | 3321083 the grateful un...
the grateful unemployed's picture


Mon, 03/11/2013 - 19:57 | 3321107 rsnoble
rsnoble's picture

Funny how they all think cutting health benefits is the answer.  Coming home with a $250,000 bill for a hangnail isn't a problem?

Mon, 03/11/2013 - 20:40 | 3321211 Cabreado
Cabreado's picture

Lobbying requires "two sides to the trade."

One side does not give a shit about you.

The other side is elected to give a shit, and you pay him to do so.

Where do you think the onus lies, as well should our attention?

There will always be scum -- the trick is to not let it rise to the top and sit there.

Mon, 03/11/2013 - 20:41 | 3321219 Westcoastliberal
Westcoastliberal's picture

Just shows to go ya how much influence you can buy in DC, what with Obamacare literally handing these bastards millions of new "subscribers" with no upper limit on how much they can charge.  What a scam!

Mon, 03/11/2013 - 21:52 | 3321372 Monedas
Monedas's picture

The government itself spends more than anyone on promoting it's own interests and privileges ! The five wealthiest counties on a per capita basis surround Washington DC ! No corporation can compare to government when it comes to the percentage of employees making $100,000 +  !

Mon, 03/11/2013 - 22:07 | 3321395 newengland
newengland's picture

Another Orwellian warning: keep the people drunk or drugged, so the corporatists can use and abuse them.

Boomberg's ban on big sized drinks is a petty lie, hiding the bigger lie. Obesity = bad. Dead = good. For the corporatists.

Big Brother loves you. Do as he says. Take the alcohol and drugs. Stay quiet, deaf, dumb and poor...for the Party. the gulags, eventually.

Big Brother and Big Pharma gain most, and ruin the Republic. That is their profit. Our downfall.

Mon, 03/11/2013 - 22:28 | 3321436 andyupnorth
andyupnorth's picture

I can't believe the banksters are not on the list.

Mon, 03/11/2013 - 22:32 | 3321443 ComstockRoyalty
ComstockRoyalty's picture

Red Pill Bankster


Blue Pill Bankster


Either way the pill poppers got the big dolla to keep the herd drinking da kool aid.

Mon, 03/11/2013 - 22:37 | 3321450 Dr. Engali
Dr. Engali's picture

The bankers have their politicians bought and paid for before they get in the office. After that the Bernank takes care of the rest.

Mon, 03/11/2013 - 22:40 | 3321453 Mr. Hudson
Mr. Hudson's picture

The list says nothing about the military industrial complex, nor Israel. This list is bogus.

Mon, 03/11/2013 - 22:46 | 3321463 yrad
yrad's picture

All day, every day. Same as yesterday, looks like tomorrow. Boring

Mon, 03/11/2013 - 23:51 | 3321519 Radical Marijuana
Radical Marijuana's picture

I was not surprised by those statistics. I already knew that money is backed by murder. I already knew that we have a profit from disease system, NOT a "health care system." I already knew that that profit from disease system kills at least an order of magnitude more people than the military industrial complex system does.

One can find strong correlations between the funding of politics, and the results of that political process. The funding of the political process is basically that less than 1% of the people fund everything, while 99% fund nothing, Therefore, our entire civilization is already almost completely corrupt and crazy, and that is getting worse, faster!

Tue, 03/12/2013 - 00:19 | 3321551 Meat Hammer
Meat Hammer's picture

Insurance companies have to spend 80% of their premiums on services and not just keep more profits, which is a good thing, right?


What's the only way to increase profits in this scenario?

Raise premiums.

Tue, 03/12/2013 - 01:06 | 3321592 hivekiller
hivekiller's picture

It's called fascism for short. Get used to it serfs.

Do NOT follow this link or you will be banned from the site!