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Posts Tagged ‘Eric Lipton Ben Protess revolving door’

NY Times Exposes Wall Street-Washington Revolving Door

Posted by Larry Doyle on February 3rd, 2014 9:41 AM |

There are very few issues in our nation today that can generate such a uniformly vehement reaction as the practices encompassed within the Wall Street-Washington revolving door.

The American public may often be duped by those politicians and lobbyists well schooled in the art of working backroom deals, but the blatant elitist crony style behaviors captured in yesterday’s New York Times article, Law Doesn’t End Revolving Door on Capitol Hill, should surprise nobody.

Laws written that would appear to mitigate the effect of influence peddling only to allow the cronies to navigate through easily drafted loopholes might seem to be the stuff of third world banana republics but are now standard operating procedure within a world unto itself, aka Washington DC.

The American public gets this as evidenced by the 175 overwhelmingly derisive comments generated by that article.  (more…)






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