Mika began the segment by smugly noting that “a lot of politicians earn a lot of money after leaving office” .. “This is not quite breaking news, is it?”, Scarborough wryly added. How densely perceptible for the Morning Joe hosts to acknowledge the cronyism rampantly inherent between our corporate institutions and their government friends.
Schweizer brushed off the opening jab, answering “It’s not breaking news, but I think it’s important for people to recognize that you have a lot of people that leave public life and they go and they work on Wall Street or other places, and they create this impression that, Well, I’m working in “private equity”, so I’m a banker just like everyone else.” Schweizer continued, “And the fact of the matter is, people cash in after they leave public service and they make a lot of money because of their relationships, connections, and I would argue in cases, favors that they did for certain companies while they were in office.”
Watch the full segment:
The e-book, Bush Bucks: How Public Service and Corporations Helped Make Jeb Rich is available on Amazon