50% Of 'Retiring' Senators Now Become Lobbyists, Up From 3% A Few Decades Ago

Found on Techdirt on Tuesday, 27 August 2013
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We've talked plenty about the corrupting influences of the revolving door between industries and the government. Not all lobbyists or lobbying is bad, per se, but it's a symptom of the times we live in and the business of influence.

And, with so much money flowing into lobbying efforts, we're building a system where political entrepreneurship outweighs market entrepreneurship -- and that's exceptionally dangerous for our economy and our future.

It would be so easy to fix this: just make any kind of lobbying illegal. Political decisions should be based on facts, not money hidden behind fake arguments.