Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Showing Original Post only (View all)

onehandle

(51,122 posts)
Mon Jun 3, 2013, 01:08 PM Jun 2013

Google Now Spends More on Lobbying Than Lockheed Martin [View all]

Source: The Atlantic Wire

Google might actually be fulfilling Julian Assange's nightmares and turning into the Lockheed Martin of 21st century lobbying, having spent more than the military defense company on pushing issues in 2012, with a record $18.2 billion that made it the eighth largest lobbyist in DC. "The company that once had no use for Washington," as The New York Times's Edward Wyett puts it in a profile of Google's chief Washington lobbyist Susan Molinari, has a newfound use for lawmakers, not only as it battles anti-trusts suits with money, but also as chairman Eric Schmidt embarks on his new hobby as a part-time ambassador.

"What Lockheed Martin was to the 20th century," Schmidt and Jared Cohen wrote in their book The New Digital Age, "technology and cybersecurity companies will be to the 21st." That's a vision of the future highlighted over the weekend by Assange, another digital futurist, in a blistering Times op-ed as "an expertly banalized version of tomorrow's world." Google's vision also, appropriately, includes making the right connections in the nation's capital.

So far the fruits of Google's lobbying efforts have resulted in a huge win in an anti-trust case, but the company has even bigger plans to prod legislation in its own self-interest. See, back in 2010 Schmidt realized "much of the laws are written by lobbyists," he said during The Atlantic's Washington Idea's Forum. Google hired and funded an army of capable policy crafters, not only to save itself from government fines that don't even make a dent but also to help write Google-powered legislation.

Whether you fall on the Schmidt or Assange side of that future, Schmidt has one big advantage: lots and lots of money. That, along with the right people to peddle his views in DC, means our Google overlords are more powerful than ever before.

Read more: http://news.yahoo.com/google-now-spends-more-lobbying-lockheed-martin-150653583.html

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Latest Breaking News»Google Now Spends More on...