Restoring the Public Trust
"I believe in the division of labor. You send us to Congress; we pass laws under which you make money... and out of your profits you further contribute to our campaign funds to send us back again to pass more laws to enable you to make more money." -- Senator Boies Penrose, 1896
From a speech by Bill Moyers entitled "Restoring the Public Trust", Friday, 24 February 2006. Moyers is President of the Schumann Center for Media and Democracy. This is the prepared text of his remarks on an eight-day speaking trip in California on the issue of money and politics.
Since [President George W.] Bush was elected the number of lobbyists registered to do business in Washington has more than doubled. That's 16,342 lobbyists in 2000 to 34,785 last year [2005]. Sixty-five lobbyists for every member of Congress.
The amount that lobbyists charge their new clients has increased by nearly one hundred percent in that same period, according to The Washington Post, going up to anything from $20,000 to $40,000 a month. Starting salaries have risen to nearly $300,000 a year for the best-connected people, those leaving Congress or the administration.
The total spent per month by special interests wining, dining, and seducing federal officials is now nearly $200 million. Per month.
From a speech by Bill Moyers entitled "Restoring the Public Trust", Friday, 24 February 2006. Moyers is President of the Schumann Center for Media and Democracy. This is the prepared text of his remarks on an eight-day speaking trip in California on the issue of money and politics.
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