Posts Tagged ‘Special Interests’
April 20th, 2010 at 3:17 pm
About that Revolving Door …
Posted by Print

Remember all the pieties in the early days of the Obama Administration about how there would be a higher wall between special interests and the White House than ever before? Those of us who know the realities of Washington never expected much from those promises. After all, there is a limited pool of talented people in our nation’s capital.  When they’re not working in the public sector, they have to make up for it with the higher pay that comes from private sector jobs. Keeping those folks from jumping back and forth would dramatically reduce the federal government’s talent pool.

But while the potential for this promise to be broken could be seen a mile away, who would’ve guessed that it would have happened in a fashion so embarassing to the White House? Just a few days after the Securities and Exchange Commission announced that it was going after Goldman Sachs for dodgy shorting practices — an event that (coincidentally, we’re told) came in the midst of the Administration’s push for new banking regulations — Politico reports that Obama’s former White House Counsel, Greg Craig, has been retained by Goldman to help them navigate the rocky shoals of the Beltway.

One wishes some enterprising member of the White House Press Corps would put the question to the President: “Is your former White House counsel part of the corrupt Washington infrastructure you deplore or does the private sector have legitimate grievances with how it’s being treated by your administration?” It has to be one or the other.