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Re: B402 post# 391813

Tuesday, 11/23/2021 6:14:04 PM

Tuesday, November 23, 2021 6:14:04 PM

Post# of 575339
Why Lobbying Is Legal and Important in the U.S.

"To me the corruption is the lobbying, which in turn was trying to force NASA to accept Bezos.... "

If you called a politician to express your opinion on something you would be lobbying. It's not so much
lobbying you are against, but the way it has developed, and as SoxFan agrees, the money involved.


By Daniel Weiser
Updated July 12, 2021
Reviewed by Michael J Boyle

Table of Contents

Why Is Lobbying Legal?
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#why-is-lobbying-legal

Lobbying Disclosure Act of 1995
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#lobbying-disclosure-act-of-1995

Participatory Democracy
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#participatory-democracy

Lobbying Affects Everyone
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#lobbying-affects-everyone

Why is Lobbying Important?
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#why-is-lobbying-important

Lobbying Access
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#lobbying-access

Power in Numbers
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#power-in-numbers

Educational Function of Lobbying
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#educational-function-of-lobbying

The Bottom Line
https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp#the-bottom-line

In 2019 alone, lobbyists spend $3.47 billion on influencing political policy, representing the highest sum spend on lobbying since lobbying spend peaked in 2010.1? Congressional changes are providing increased opportunities for lobby groups to use political influence as a means to create productive legislation, and with an increase in lobby dollars being spent it is timely to remember both why lobbying is legal, and why lobbying is important for a productive government.

Why Is Lobbying Legal?

Lobbying is often misinterpreted or criticized as bribery, which it is not. Lobbying is a practice performed by either individuals or organizations whereby public campaigns (which are legally registered with the government) are undertaken to pressure governments into specific public policy actions.2? The legality of lobbying comes from the Constitution and from our participatory democracy.

First Amendment Protection

Often overlooked in the many rights protected by the 1st Amendment is the right to lobby. While never expressly using the term “lobby,” the right “to petition the Government for a redress of grievances” is specifically noted. This translates into modern times as a right to lobby, a right addressed in the U.S. Constitution.

Key Takeaways

* Lobbying is performed by individuals or groups to pressure governments into policy actions.

* Lobbying is supported as a part of participatory democracy.

* Lobbying is important for a productive government.

* Lobbying is legally protected and is not the same as bribery.

Lobbying Disclosure Act of 1995

https://www.investopedia.com/articles/investing/043015/why-lobbying-legal-and-important-us.asp

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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