Stephanie
Diamond Member
- Jul 11, 2004
- 70,230
- 10,864
- 2,040
whoohee, this administration is as corrupted if not MORE corrupted and you all bought that, hope and change...tsk tsk
SNIP:
New York Magazine ^ | Aug 4, 2013 | Frank Rich
Posted on Thursday, August 08, 2013 12:46:31 PM by neverdem
Washington may be a dysfunctional place to govern, but it’s working better than ever as a marketplace for cashing in. And that’s thanks, more than anything, to the Democratic Establishment.
--snip--
Michael Froman, Rubin’s chief of staff as Clinton Treasury secretary, not only served as the Obama transition team’s personnel director but moonlighted as a Citigroup managing director while doing so.
“Obama essentially entrusted the repairing of the china shop to the bulls who’d helped ransack it,” Connaughton writes.
Leibovich updates the story of the tacky prehistory of the Obama White House with its aftermath—the steady parade of Obama alumni who traded change we can believe in for cash on the barrelhead as soon as they left public service.
The starry list includes, among many others, Peter Orszag (director of the White House’s Office of Management and Budget, now at Citi), Jake Siewert (the Treasury Department counselor turned chief flack for Goldman Sachs), and David Plouffe (the campaign manager and senior presidential adviser who did consulting for Boeing and General Electric).
--snip--
It was during the Clinton–Rubin–Greenspan–Lawrence Summers deregulatory spree of the nineties that the innovation of bipartisan lobbying shops also took off in earnest, obliterating any remaining distinctions between the financial interests and imperatives of the two parties. Before then, most Washington lobbying firms were affiliated with either one camp or the other—and suffered at the bottom line when their teams cycled out of power. So why not diversify the partnership pool as a hedge against defeat?
What you’ll never hear on Morning Joe, with its incessant “Why can’t we all just get along?” bromides, is what Leibovich says in his opening pages—“that the city, far from being hopelessly divided, is in fact hopelessly interconnected.”...
ALL of it here with comments
Frank Rich on 'This Town' and Washington's Dysfunctional Bipartisanship -- New York Magazine
SNIP:
New York Magazine ^ | Aug 4, 2013 | Frank Rich
Posted on Thursday, August 08, 2013 12:46:31 PM by neverdem
Washington may be a dysfunctional place to govern, but it’s working better than ever as a marketplace for cashing in. And that’s thanks, more than anything, to the Democratic Establishment.
--snip--
Michael Froman, Rubin’s chief of staff as Clinton Treasury secretary, not only served as the Obama transition team’s personnel director but moonlighted as a Citigroup managing director while doing so.
“Obama essentially entrusted the repairing of the china shop to the bulls who’d helped ransack it,” Connaughton writes.
Leibovich updates the story of the tacky prehistory of the Obama White House with its aftermath—the steady parade of Obama alumni who traded change we can believe in for cash on the barrelhead as soon as they left public service.
The starry list includes, among many others, Peter Orszag (director of the White House’s Office of Management and Budget, now at Citi), Jake Siewert (the Treasury Department counselor turned chief flack for Goldman Sachs), and David Plouffe (the campaign manager and senior presidential adviser who did consulting for Boeing and General Electric).
--snip--
It was during the Clinton–Rubin–Greenspan–Lawrence Summers deregulatory spree of the nineties that the innovation of bipartisan lobbying shops also took off in earnest, obliterating any remaining distinctions between the financial interests and imperatives of the two parties. Before then, most Washington lobbying firms were affiliated with either one camp or the other—and suffered at the bottom line when their teams cycled out of power. So why not diversify the partnership pool as a hedge against defeat?
What you’ll never hear on Morning Joe, with its incessant “Why can’t we all just get along?” bromides, is what Leibovich says in his opening pages—“that the city, far from being hopelessly divided, is in fact hopelessly interconnected.”...
ALL of it here with comments
Frank Rich on 'This Town' and Washington's Dysfunctional Bipartisanship -- New York Magazine
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