!!!Pressure Groups - Lobbying Flashcards
What are Iron Triangles
Mutually beneficial relationships between 3 groups
What 3 groups benefit from Iron Triangles
- Interest groups
- Members of Congress on congressional committees
- Government dept.
How do iron triangles work
- Interest groups donate to members of Congress
- In truth Congress passes laws and allocates funds to the exec. branch
- Govt. dept then uses its funding and power to cut regulations or award contracts to these powerful donors (IGs)
Example of Iron Triangle
Banking companies -> Congress -> Treasury
What are the 4 main concerns surrounding lobbying
Transparency
Accountability
Elitism
Corruption
How is transparency a concern surrounding lobbying
Who’s lobbying and what they are lobbying for
How is accountability a concern surrounding lobbying
Are constituents able to make an informed decision
How is elitism a concern surrounding lobbying
Does the revolving door allow the wealthy to buy access
How is corruption a concern surrounding lobbying
Is money being exchanged for votes
How did the Lobbying Disclosure Act
- Defined lobbyist as someone who spends at least 20% of time lobbying
- Increased transparency - Large lobbying firms had to give info about their activities for each client paying +$5000
- Extended ‘lobbying’ to include targeting congressional staff and senior staff in exec. branch
What website keeps track of lobbying
Opensecrets.org
What is ‘the revolving door’
- Where former members of Congress take up well-paid jobs with Washington based lobbying firms
- Use their expertise and contacts to lobby their previous institution
How is ‘the revolving door’ a problem
Undermines confidence that decisions are being made objectively and fairly
Example of ‘the revolving door’
2003 - Edward C Aldridge approved fighters from Lockheed Martin for $3bn
A few months later he was approved as a board member
Example of ‘revolving door’
Henry Paulson appointed sec of US treasury
2008 oversaw TARP which bailed out struggling banks
Goldman Sachs received $13bn in bailout funds
Paulson had previously been CEO of Goldman Sachs