Lobbying, Lobbies, Lobbyists Quotes

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Hanna, managing William McKinley’s Presidential Campaign against William Jennings Bryan, outspent is opponents by a factor of ten to one. Few understood that at the time or the profound effect that money could play in national politics. Hanna was a political strategist far ahead of his time.


In 1904, candidate Theodore Roosevelt solicited campaign funds from leading businessmen. After he was elected, he was viewed to have "turned" on them since he attempted to curtail monopolistic excess, instituted regulation, and made other business reforms. This is the original remark, but another, more sanitized version appeared in New York Times and other places as: “We bought him and he did not stay bought.”


FDR even admitted that very wealthy men and corporations controlled most U. S. governments including the administration of his own political party. Roosevelt did a great deal to improve the situation but by the latter years of the 20th century, private financial entities gained back much of the influence and control. The result was the Meltdown of 2008 and the Great Recession, where another set of regulations and laws (Dodd-Frank) was made law by the Obama Administration. However, the financial corporations still had enormous political influence as a result of unlimited campaign contributions to politicians and unlimited lobbying.