Business is Booming for some in Poor Economy

It looks like there is one industry that is not being as negatively affected by our poor economy as others. In fact, while 2008 was there best year yet – they are expecting a banner year in 2009…

From USA Today --

Despite the sharp economic downturn, lobbying spending in the nation's capital surged past $3 billion last year as industries and special-interest groups wooed Congress and federal agencies on a host of issues, including taxpayer bailouts for financial companies and automakers.

The record $3.3 billion lobbying price tag is up from $2.9 billion in 2007 and is more than double what was spent four years ago, according to records compiled by the non-partisan CQ MoneyLine.

Lobbying could soar to higher levels this year, he said, as Congress and President Obama hash out a $825 billion stimulus package that seeks to jump-start the economy with tax cuts and spending.

A wise man once told me - the "P" in politician can also spell prostitute - it looks like he is right again!