Saturday, May 24th, 2008 @ 11:22 am | Financial

Cheap Insurance by digby Glenn Greenwald writes today about all the money the telcoms have spent on lobbying this year, (quite a bit more, as it turns out, than the year before if they stay on pace.) Just in the first three months of 2008, recent lobbyist disclosure statements reveal that AT&T spent $5.2 million in lobbyist fees (putting it well ahead of its 2007 pace, when it spent just over $17 million). In the first quarter of 2008, Verizon spent $4.8 million on lobbyist fees, while

 

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