Tuesday, August 2, 2011

The 'Super Congress' is a Super Power Center, Which Means....

...lobbyists will be all over it.

Politico reports:
K Street wasted little time putting clients on notice about the next phase of the debt ceiling debate with a simple message: Nobody is safe from the super committee.

Lobby shops say a much-broader-than-expected range of budget cuts and tax provisions could be in play, especially compared with the relatively small group of industries that were afraid of getting a haircut during the earlier debt ceiling negotiations led by Vice President Joe Biden...

“Everybody and their mother is going to be involved in figuring out what they need to protect, what they need to compromise on and what they can let go,” Holland & Knight’s Rich Gold said.
There are two weeks before congressional leaders must name their choices to fill the 12-member slate, but lobbyists already are gaming out how to influence committee recommendations to the panel and how they can protect low-hanging fruit like carried interest and oil and gas tax subsidies and the ethanol tax credit.
Create a power center and people will attempt to influence the power center. The 'Super Congress' is a super power center. If you don't have a lobbyist working this super power center, you will be on the cutting table.


  1. You can bet Dr. Paul and his ilk will not be invited by the crooks who just robbed us to be on this committee. You can also be sure their reach will go beyond financial matters and impact everyday affairs of our lives. Get ready for slavery.

  2. When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you...you may know that your society is doomed.
    - Ayn Rand, Atlas Shrugged