The first time we read the recent analysis by the Sunlight Foundation in which it combed through 14 million corporate records, including data on campaign contributions, lobbying expenditures, federal budget allocations and spending, in order to determine the “rate of return” on lobbying and spending to buy political goodwill, we were left speechless.
When it comes to the rate of return on lobbying, the rates are simply staggering, and range anywhere between 5,900% for oil subsidies, to 22,000% for multinational tax breaks and even higher for America’s legal drug dealers.
Phi Beta Iota: There is an alternative. A non-violent mass upwing demanding the Electoral Reform Act of 2015. Not rocket science. All it takes is consciousness, integrity, and the will to be free.
DEMOCRACY LOST BOOK REVIEWS: Worth a Look: Democracy Lost & Found Essay, Book Review Blurbs and Links [Updated 3 MAR 2015]
FOUNDATION BOOK: The Open Source Everything Manifesto: Transparency, Truth, & Trust