InvestorsHub Logo
Followers 56
Posts 8730
Boards Moderated 3
Alias Born 10/12/2007

Re: FoodStamps4stocks post# 5317

Friday, 04/23/2010 2:21:42 PM

Friday, April 23, 2010 2:21:42 PM

Post# of 5731


"Resisting the New World Order"
Home

.Facebook has been gradually boosting its profile in Washington D.C. over the past year and is on the hunt for a second senior lobbyist to add to its office of four. Disclosures released a few days ago show that, on top of lobbying the usual suspects Internet companies reach out to like the Federal Trade Commission and the U.S. senators and representatives, the fast-growing social network has also been busy deepening ties to government intelligence and homeland security agencies.

Facebook spent $41,390 on lobbying in the first quarter of 2010. That’s on top of the $207,878 it spent last year — the first year Facebook began releasing such disclosures. Although these numbers are tiny compared to the $4.3 million Google spent on lobbying last year, expect them to grow with the company’s influence and ambitions.

What’s interesting about Facebook’s lobbying in D.C. is what it spends money on despite its small size. It was the only consumer Internet company out of Google, Amazon, eBay, Microsoft, Yahoo and Apple to reach out to intelligence agencies last year, according to lobbying disclosure forms. It has lobbied the Office of the Director of National Intelligence — an umbrella office founded in the wake of Sept. 11 that synthesizes intelligence from 17 agencies including the CIA and advises the President — for the last three quarters on privacy and federal cyber-security policy. It has reached out to the Defense Intelligence Agency too.


http://snardfarker.ning.com/profiles/blogs/facebook-steps-up-lobbying?xg_source=shorten_twitter

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.