Elizabeth Warren On Eric Cantor: ‘This Is Wrong’
Senator Elizabeth Warren was talking about leaving congress faster than a speeding bullet to take a job on Wall Street.
“This is wrong,” Warren told Katie Couric about Cantor’s new gig in an interview with Yahoo News. “People work in Washington and, man, they hit that revolving door with a speed that would blind you.”
The former majority leader took a new job as a vice chairman and board member at Moelis & Co., where he will be paid $3.4 million over the next two years.
Warren said that banks hire former politicians “not because they bring great expertise and insight, but because they’re selling access back into their former colleagues who are still writing policy.”
D.B. Hirsch is a political activist, news junkie, and retired ad copy writer and spin doctor. He lives in Brooklyn, New York.
mea_mark September 4th, 2014 at 7:49 pm
For those interested Warren Krugman live streaming now 7:30 E at http://www.cuny.tv/warrenkrugmanconversation
This also will be available to view later at http://www.cuny.tv/show/cunytvspecial/PR2003449
tiredoftea September 4th, 2014 at 7:51 pm
Why is stating the obvious news?
mea_mark September 4th, 2014 at 7:56 pm
Because, obviously a lot of people are oblivious of the obvious. Not that anybody in the republican party pays attention to what is said here but at least we can say that it was made even more obvious by our actions.
tiredoftea September 4th, 2014 at 8:08 pm
OTOH, it was yahoo news! BTW Katie Couric has fallen so low!
juicyfruityyy September 4th, 2014 at 9:58 pm
Katie Couric isn’t the issue. It is Cantor and other corrupt Politicians. Scheming the system.
juicyfruityyy September 4th, 2014 at 9:55 pm
I have always thought that he was working with WS. They have no loyalty to the people.
Maybe there should be some clause regarding conflict of interest. To make it difficult for formal Politicians or employees to associate with colleagues (business-wise) Where they were previous employed.