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The Revolving Door

Sunday March 6, 2011

I have been posting articles about the Revolving Door in Washington and how it has bought influence for Wall Street. Business Insider has this list both historic and current on how people become professional influence peddlers, or lobbyists as they are known. At the end of the slide show, continue to read

How Obama Feels About it, while understanding that this is the very group that provided a lot of money for his campaign, now with sagging poll numbers and a public unhappy over bonuses for a group that had to be rescued just two years ago, he bites back, gee can't a guy stay bought once you buy him?

A few decades back Al Haig had this down to a fine art going from White House Adviser to White House Chief of Staff to  NATO Commander to  to President  for Untied Technologies, a big defense contractor, to being Secretary of State. 

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2 responses to “The Revolving Door”

  1. William Holisky Avatar
    William Holisky

    I really liked reading these articles on the revolving door. I try to keep up with the political stuff in this presidency but I did not know that the fight between Wall Street and the Whitehouse took that long. I understood the cover but never really read in depth to the problem. I personally think Obama did the right thing by trying to stop these fat-bankers of giving millions of dollars in bonuses. I do however believe if they earned the bonuses then they should recieve them. This time of course they did not earn them and I stand behind what Obama did. I dont think the American public should have to pay for the bailout of a company on Wall Street because they gave millions in bonuses and then went belly up. Its not right and the choices those CEOs make can put this American public further in the whole. Great article!

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    immeublesarevenussherbrooke.com

    Paris Hilton Buy Ferrari California Spider When Black Friday

    Los Angeles Paris Hilton seems to be a really pleasant. Black Friday because if the majority of Americans hunt for family and electronic goods are in discount, Paris did not like it. Paris chose to buy a Ferrari California Spider. Heir to the t…

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