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Congressmen are increasingly second-rate individuals, but that doesn't mean they're dumb: they know how to cash in. In 1974, 3 percent of retiring members of Congress became lobbyists. Today, it's 50 percent for senators and 42 percent for their colleagues in the House. And the pace is accelerating: over the last 12 years, corporate America â and much of that, Wall Street â has tripled its spending on lobbying.
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