Assessor

Finance allah shmoop what are the economics of government lobbying

Pay lobbyist a siri's of consulting fees They don't make

a commission hope that they can tilt the balance of

loved in your direction And then you win a lucrative

government contract to buy weapons from you Like the self

guided tickle rocket you know that makes enemies laugh themselves

to death art least does some nasty stomach cramps Yeah

all right well then you lather you rinse and you

repeat So what is a lobbyist anyway Well the term

got its name from would be friends of congressmen and

friends of senators and friends of other politicos who would

stand around literally in the lobby of the halls of

government waiting for a mucky muck muck to come out

And for ninety eight seconds while they were walking down

the hall you know to take a much needed whizz

have their ear chewed off about money needed for a

new tattoo removal program or a grant for the montana

sheep workaholics anonymous initiative or for a new motorized shoe

rack for the first lady custom designed by tesla itself

a tickle weapon builder wants the government to buy a

billion bucks worth of tickle bombs from them tio use

as an epic april fool's joke on our canadian kyle's

up north there cost to build five hundred mil so

they make half a billion dollars in operating profits from

this sale Well how much can they afford to pay

the lobbyist A k a the sales guy who will

make that deal possible Answer a lot like maybe four

hundred ninety nine million dollars and they don't actually pay

him a commission that would be illegal These air just

set up as consulting contracts to you know leverage his

role attacks and all the people that lobbyists knew for

years and years and years So it is massively worth

a while for the tickle weapon producer to pay a

lobbyist or ten of them a million bucks a year

in consulting fees so that you know the company wins

that lucrative government contract and closes the deal and it

doesn't just apply to a weapons manufacturers that old age

home congresswoman promised her village Yeah well what's to stop

her leaning on the weapons producer to donate a bunch

of money to building it if the weapons producer wins

That lucrative tickle bomb contract Well maybe call it tickle

pines geriatric center with a happy face painted on the

tickle bomb says peace under it Yeah something like that

and the politician muses And while the bombs are going

to get made anyway the contract will happen anyway At

least this way my granny's will have nice massage chairs

and a place to die with dignity and not from

being tickled to death Welcome to lobby Come on down 00:02:43.205 --> [endTime] take a hot shower