That Washington Lobbyist must of been a Lawyer. Maybe the same one that handled my Mothers Estate that I caught billing me 3 times for the same thing!Bayonet:
Here's a story that deals with differences between value and effort.
A high powered and connected Washington Lobbyist, I think it was Clark Clifford, listened to his client's question, sat a moment, thought a moment, said "The answer to your question is "No" and billed this client for several thousand dollars for his fifteen minutes.
When he got a complaint which asked why his 15 minutes was worth so much, the answer was that it was worth it because he knew the correct answer ("No"), and he billed this client another thousand for questioning the bill.
I think the story goes on to say that the client paid that original fee and the fee for questioning the fee, because his client knew his wisdom of the way of Washington could not be matched and was worth his fee, and I would guess he wanted to be able to get such questions answered in the future.
I think the point of the story is that the value was in all the many years of wisdom the lobbyist had accumulated, not that it took only 15 minutes.
Sort of like the guy who cuts a raw diamond, and how well he does may make hundreds of thousands of dollars difference in the value of the cleaved diamond. If you own that diamond, you are not paying for the five seconds it take for him to make that strike, but for all the years of knowledge that he used to know how and where to strike it.
Colt has exclusive access to those records.
Colt learned that some customers are willing to pay $300 for that information.
They ask that much
The customer pays that much
That's the way the free capitalist society is supposed to work.


"15 minutes" I bet they can do it in less. Open your letter and process your payment (faster if ordered online): 3 minutes. Look for the serial # on their computerized files, transfer the info to the fancy online form, and hit the Print button: another 3 minutes. Place the form in an envelope, put your address on it, stamp it, then throw it in the mailbox on your way to lunch: another 3 minutes!
9 minutes total way under 15!



