<http://scottystarnes.wordpress.com/author/scottystarnes/> Obama Cronies Fleeing to take Jobs on Wall Street and Lobbying Firms<http://scottystarnes.wordpress.com/2011/01/18/obama-cronies-fleeing-to-take-jobs-on-wall-street-and-lobbying-firms/> *Scotty Starnes <http://scottystarnes.wordpress.com/author/scottystarnes/>*| January 18, 2011 at 11:43 AM | Tags: lobbying firms <http://scottystarnes.wordpress.com/?tag=lobbying-firms>, lobbyist<http://scottystarnes.wordpress.com/?tag=lobbyist>, Obama Administration<http://scottystarnes.wordpress.com/?tag=obama-administration>, President Obama <http://scottystarnes.wordpress.com/?tag=president-obama>, Wall Street <http://scottystarnes.wordpress.com/?tag=wall-street> | Categories: Uncategorized<http://scottystarnes.wordpress.com/?category_name=uncategorized>| URL: http://wp.me/pvnFC-4an
Another broken Obama promise. Obama said those who work in his administration would not be “serving your former employer, your future employer or your bank account.” Once again, Obama is proven to talk out of both sides of his mouth. His cronies are fleeing the White House to become lobbyists and are taking jobs on Wall Street. Politico <http://www.politico.com/news/stories/0111/47713.html> reports: *Candidate Barack Obama repeatedly pledged on the campaign trail that working in his administration would not be “about serving your former employer, your future employer or your bank account.”* But with his administration at its midpoint, a traditional time for personnel turnover, it’s clear that despite Obama’s avowals, a longtime truism of Washington life — that a prestigious-sounding administration post can be a lucrative career enhancer — remains unchanged. *In recent months, officials have quietly left the White House, the Federal Communications Commission, the Federal Highway Administration and the Departments of the Treasury, Commerce and Homeland Security for high-paying gigs on K Street and Wall Street, for top PR firms including the Glover Park Group and VOX Global and to work or lobby for powerful media and telecom companies including Facebook, Comcast, Bloomberg L.P., DirecTV, Sprint Nextel and T-Mobile.* “You haven’t seen this revolving door turning much until recently,” said Chris Jones, a headhunter who runs a company called CapitolWorks that recruits employees for lobbying, public relations, financial services and health care firms from the administration and Capitol Hill. And with the flow of departures likely to increase, the president’s commitment to halting the revolving door between government and those seeking to influence it is likely to come under scrutiny, as it did early in the Obama administration with the hiring of a slew of lobbyists<http://www.politico.com/news/stories/0109/18128.html> and more recently with the departure of Budget Director Peter Orszag<http://%20http//www.citigroup.com/citi/press/2010/101209a.htm>for a high-paying job at Citigroup.<http://www.politico.com/blogs/bensmith/1210/Orszags_revolving_door.html> Not to mention that Obama's newest Chief of Staff, William Daley, is a JP Morgan Chase executive. Shhh. It makes Obama look like a liar. On his first day in the White House, Obama announced that all his appointees would be required to sign an ethics pledge<http://www.whitehouse.gov/the-press-office/ethics-commitments-executive-branch-personnel> *barring those who become lobbyists from “lobby[ing] my administration for as long as I am president” and — more broadly, for all former employees, not just lobbyists — “from any attempt to influence your former government colleagues for two years after you leave.”* The pledge, he boasted, “represents a clean break from business as usual” and will “help restore that faith in government” by “clos[ing] the revolving door that lets lobbyists come into government freely and lets them use their time in public service as a way to promote their own interests over the interests of the American people when they leave.” Obama loves to talk but it's all empty rhetoric. His administration is full of lobbyists, Wall Street thieves and fat-cat bankers. Continue reading>>> <http://www.politico.com/news/stories/0111/47713.html> Add a comment to this post<http://scottystarnes.wordpress.com/2011/01/18/obama-cronies-fleeing-to-take-jobs-on-wall-street-and-lobbying-firms/#respond> <http://feeds.wordpress.com/1.0/gocomments/scottystarnes.wordpress.com/16019/> <http://feeds.wordpress.com/1.0/godelicious/scottystarnes.wordpress.com/16019/> <http://feeds.wordpress.com/1.0/gofacebook/scottystarnes.wordpress.com/16019/> <http://feeds.wordpress.com/1.0/gotwitter/scottystarnes.wordpress.com/16019/> <http://feeds.wordpress.com/1.0/gostumble/scottystarnes.wordpress.com/16019/> <http://feeds.wordpress.com/1.0/godigg/scottystarnes.wordpress.com/16019/> <http://feeds.wordpress.com/1.0/goreddit/scottystarnes.wordpress.com/16019/> [image: WordPress] WordPress.com <http://wordpress.com/> | Thanks for flying with WordPress! Manage Subscriptions<http://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315d&email=baconlard%40gmail.com>| Unsubscribe<http://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315d&email=baconlard%40gmail.com&b=ufJh.GclUDhcx5uSiJI4syvKT%7EY%3F%3FISi%7C2x%5Be7NFo>| Express yourself. Start a blog. <http://wordpress.com/signup/?ref=email> *Trouble clicking? Copy and paste this URL into your browser:* http://subscribe.wordpress.com -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
