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You are here: MacNN Forums > Community > MacNN Lounge > Political/War Lounge > While we're on the topic of Entitlement Mentalities

While we're on the topic of Entitlement Mentalities
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Wiskedjak
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Join Date: Jun 2002
Location: Calgary
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Mar 18, 2012, 11:43 AM
 
While the politicians have us bickering amongst ourselves, they're also screwing us as they set up their post-political jobs.
Average Congresscritter gets 1,452% raises when they turn corporate lobbyist - Boing Boing

Republic Report has released figures documenting the fact that the average member of Congress gets a 1,452% salary hike when she or he leaves office and becomes a corporate lobbyist. They point out that politicians are allowed to negotiate these raises while they are in office, and don't have to disclose this fact when they're working on legislation that will benefit their future employers. One of the poster children for this is former Senator Judd Gregg (R-NH) who fought against financial reforms to the derivatives market, then joined the board of a derivatives-trading company and was given an advisory role at Goldman Sachs.
     
The Godfather
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Mar 18, 2012, 01:17 PM
 
The media does not pay much attention to lobbyists, much less those who were public representatives years back. If they will not sit down for an interview, labeled as the flipflopers they are, they should be papparazzied.
     
ebuddy
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Mar 19, 2012, 07:38 AM
 
I'm guessing this is among the reasons why Congress enjoys such an abysmally-low approval rating. The fact that this is so rarely connected to the question of whether or not we want them to have more involvement in our affairs is troubling IMO. They're clearly lookin' out for number one.
ebuddy
     
   
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