Which Way, L.A.?
Money and Power in Sacramento
Sacramento lobbyists are setting spending records and getting just what they've paid for. What do term limits have to do with it? On our rebroadcast of today's To the Point, police on horseback and in riot gear battled with demonstrators today on the streets of London as G-20 leaders prepare to meet.
Who's in charge in Sacramento? Lobbyists have broken spending records over the past two years. We hear how much they spent and what they got for their money. On our rebroadcast of today's To the Point, President Obama meets the Queen and renews the “special relationship” as protests turn violent in London. Will the G-20 resolve their differences and do whatever it takes to control the global financial crisis?
In this episode
2 storiesWhat's Next for International Capitalism?
President Obama and Britain's Prime Minister Brown today renewed “ the special relationship .” But will they get the cooperation they want from the rest of the world? We get a preview of the G-20 summit and the likelihood of resolving the global financial crisis.
Read the story26 minMoney and Power in Sacramento
Lobbyists outnumber legislators in Sacramento by 8 to 1. Lobbying is a growth industry. In 1975, interest groups hiring lobbyists numbered 682; now it's 2,365. Since 1990, lobbyist spending has risen from $193 million to $550 million. Another reason that lobbyists get what they want is that they've been there a lot longer.
Read the story26 min