"In 2010, Sen. Evan Bayh retired. Part of the reason, he told me, was that the corrosive effect of money in politics had left his profession looking corrupt. 'You want to be engaged in an honorable line of work,' Bayh said, 'but they look at us like we're worse than used-car salesmen.'ConservaDem "Bye" Bayh was usually one of the first to support Rethug policy proposals, so it isn't much of a surprise that he'd go for the big corporate bucks after retiring. Now he can save a place at the firm for the equally sanctimonious Sen. Joe Lieberliar (Party of Joe - CT) when he departs the Senate.
On Friday, Bayh announced that he was joining Apollo Global Management, a private-equity megafirm, as 'a senior adviser with responsibility for public policy.' Something tells me that this isn't going to vastly improve the way Americans think about their politicians."
Tuesday, January 25, 2011
Do As I Say, Not As I Do
It would appear that the revolving door between politics and lobbying is operating smoothly, as Ezra Klein notes:
