Of the 352 members of Congress who left office between 1998 and 2011, 80% became Lobbyists.
This is called the revolving door. It is the rats thrown out of Congress and coming back to hang out now under a new title. It is why our government cannot solve any problems and move on. We can’t stop buying fighter jets that we don’t need. If they are voted down, the issue pops up again with the backing of the Lobbyists. It is why we can’t even get rid of the penny because even the penny has a lobbyist fighting for it to stay. A penny coin costs more to make than it is worth.
The reason that this happens is because the government is involved in too many things. If the government would be involved in less issues, there would be less Lobbyists advocating for that issue. The government should be there only to pay for infrastructure and our protection from possible enemies. Yes, fix all the potholes and build all our roads and bridges. Get defense systems to protect us. But keep out of our women’s vagina's telling them if they can make babies or not. Keep out of our thoughts and minds telling us who we can love whether it is a man or woman and above all keep your filthy hands out of our wallets. Stop taxing us for everything we might enjoy in life.
After Obama care was passed, all the people that were involved in writing that law became Lobbyists for the medical industry and are all making seven figure salaries. For example, there was Billy Tauzin a Republican from Louisiana who headed a committee that was investigating the pharmaceutical industry under the Bush administration and passed a giant Medicare Prescription Drug Benefit. Then he turns around and works for the pharmaceutical industry as a Lobbyist earning $11 Million dollars a year. Guys like him are making money from both sides of the fence. They are spineless snakes with no integrity that just go where the grass is greenest in their pockets.
We have takers in this country that hide in their $1,000 suits with their American flag lapel buttons. Capitol Hill has become an internship for people as a stepping stone on their way to the big lobby jobs. Another sell out traitor is Peter Orszag who was the Budget Chairman for President Obama and who is now Vice-chairman for Citi Bank. Selling out pays. Peter Richard Orszag is an American economist who is a Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group at Citigroup.
If you’re a corporation or Lobbyist, what’s the best way to “buy” a member of Congress? Secretly promise them a million dollars or more in pay if they come to work for you after they leave office. Once a public official makes a deal to go to work for a lobbying firm or corporation after leaving office, he or she becomes loyal to the future employer. And since those deals are done in secret, legislators are largely free to pass laws, special tax cuts, or earmarks that benefit their future employer with little or no accountability to the public. While campaign contributions and super PACS are a big problem, the every day bribery of the revolving door may be the most pernicious form of corruption today.
Unlike some other forms of money in politics, politicians never have to disclose job negotiations while in office, and never have to disclose how much they’re paid after leaving office. In many cases, these types of revolving door arrangements drastically shape the laws we all live under. For example, former Senator Judd Gregg (R-NH) spent his last year in office fighting reforms to bring greater transparency to the derivatives marketplace. Almost as soon as he left office, he joined the board of a derivatives trading company and became an advisor to Goldman Sachs. Risky derivative trading exacerbated the financial crisis of 2008, yet we’re stuck under the laws written in part by Gregg. How much has he made from the deal? Were his actions in office influenced by relationships with his future employers?
There are only a few disclosures that are out there to find out how much lawmakers make when they sell out and lobby for interests they once oversaw as public officials. To be sure, this only shows the tip of the iceberg. Out of the 44 lawmakers who left office in 2010 for a lobbying-related career, only ONE is at an organization that discloses his salary.
Investigations found that lawmakers increased their salary by 1452% on average from the last year they were in office to the latest publicly available disclosure:
Former Congressman Billy Tauzin (R-LA) made $19,359,927 as a lobbyist for pharmaceutical companies between 2006 and 2010. Tauzin retired from Congress in 2005, shortly after leading the passage of President Bush’s prescription drug expansion. He was recruited to lead PhRMA, a lobbying association for Pfizer, Bayer, and other top drug companies. During the health reform debate, the former congressman helped his association block a proposal to allow Medicare to negotiate for drug prices, a major concession that extended the policies enacted in Tauzin’s original Medicare drug-purchasing scheme. Tauzin left PhRMA in late 2010. He was paid over $11 million in his last year at the trade group. Comparing Tauzin’s salary during his last year as congressman and his last year as head of PhRMA, his salary went up 7110%.
America is very very good to a chosen few.