Hot Air » Great news: GM will still pay lobbyists in DC
Hot Air » Blog Archive » Great news: GM will still pay lobbyists in DC.
General Motors will continue its multimillion-dollar lobbying operation in Washington, even after the federal government takes ownership of it. The automaker may even maintain its high-dollar lobbying contracts with some of the wealthiest and most influential K Street firms.
“We believe we have an obligation to remain engaged at the federal and state levels,” General Motors stated in an e-mail after President Barack Obama announced his plan for the federal takeover of the carmaker, “and to have our voice heard in the policymaking process.”
As a result, some of the jobs that the White House will save with this unprecedented nationalization could be on K Street in downtown D.C., rather than in Detroit.
GM spent $13.1 on lobbying in 2008. In the first quarter of this year, while surviving on federal bailout money, the company’s lobbying tab was $2.8 million.
June 3, 2009 - 11:47 PM on June 3rd, 2009
Oh, thank goodness! I am sooo relieved! Even in this time of emergency, as thousands of GM employees are laid off and dealerships are closed, the moneybag runners and the corrupt politicians they deliver it to will be protected!
We can all feel better now, even those Americans who have lost the homes they have been making payments on for years, because they recently lost their jobs. Those new homeless families, who six months ago were middle class, can surely be relieved now knowing the fatcats will keep their gigs!!!
Sometimes I think we need to bring the Guillotine to Washington DC…