Recently, reviewing lobbying disclosure reports, the Washington Times discovered “that 18 of the top 20 recipients of federal bailout money spent a combined $12.2 million lobbying the White House, the Treasury Department, Congress, and federal agencies during the last quarter of 2008.” Citibank alone, according to the New York Times, fielded “an army of Washington lobbyists,” plunking down $1.77 million in lobbying fees just in the fourth quarter of last year. And it isn’t only sinking financial institutions begging for federal dollars that have bolstered their Washington lobbying corps. So have the biggest U.S. armaments companies — “drastically,” according to … Continue reading Going Bankrupt for ‘National Defense’