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Money Behind Politics: The Lobby That Spends the Most Money

Money Behind Politics: The Lobby That Spends the Most Money

FromEarn Your Leisure


Money Behind Politics: The Lobby That Spends the Most Money

FromEarn Your Leisure

ratings:
Length:
13 minutes
Released:
Nov 30, 2023
Format:
Podcast episode

Description

In this episode of MM Medium, Rashad Bilal, Ian Dunlap, and Troy Millings discuss politics, lobbying, and the influence of money in American politics. They start by mentioning Joe Biden's birthday and his uphill battle as an incoming president, particularly with millennial voters due to concerns about his foreign policy. They emphasize that politics in the United States is not purely a democracy, but rather influenced by the highest bidder. Lobbying, which involves campaign contributions and direct persuasion of politicians, plays a significant role in shaping policies and decisions.The hosts then engage in a game show-style discussion about the top lobbying groups in politics. They go through the top ten, revealing various interest groups and industries. Surprisingly, the number one lobbying group in 2022 was the National Association of Realtors, which spent a staggering $84 million on lobbying efforts. This high expenditure indicates the influence and vested interests of the real estate industry in shaping policies related to housing.The conversation shifts to the funding of different political agendas and parties. It is revealed that Wall Street, contrary to popular belief, tends to favor Democrats and Republicans almost equally. They split their bets and invest in both parties to ensure influence and representation. The hosts point out that business interests heavily intertwine with politics, as government regulation, taxes, and policies significantly impact the business environment. They emphasize the importance of understanding these connections, particularly for marginalized communities like the Black community.The hosts encourage listeners to recognize that every interest group, including racial or ethnic ones, prioritizes their own agendas and seeks to exert influence in politics. They highlight the power of money in politics and the need for economic empowerment alongside voting power. Without economic leverage, politicians often do not feel compelled to address the specific needs and interests of different communities. They stress the importance of building economic power, as it can be used as leverage to advocate for policy changes that benefit marginalized communities.Ultimately, the hosts urge viewers to be more informed and actively participate in politics beyond just voting. They argue that it is necessary to understand and engage with the financial side of politics to see meaningful changes. By prioritizing economic empowerment and strategic use of resources, marginalized communities can better advocate for their interests and exert meaningful pressure on politicians to address their specific needs.In the YouTube description, it would be beneficial to include relevant hashtags such as #politics, #lobbying, #economicempowerment, #influenceofmoney, and #votingpower. This will help increase the visibility of the video to audiences interested in these topics and create a better connection between the content and potential viewers. Our Sponsors:* Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/* Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Released:
Nov 30, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to The Earn Your Leisure Podcast. Rashad Bilal and Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs. We will also be breaking down business models and examining the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture. We blend the two together for a unique and exciting look into the world of business. Let’s go!! #earnyourleisurepodcast Support this podcast: https://anchor.fm/earnyourleisure/support