17 February 2013

JACK LEW: PRE-CORRUPTED

Jack Lew got a $1 million dollar bonus from CitiGroup for landing a job with the Government. That's one whirling revolving door! He took over the internal management of the U.S. State Department.

And CitiGroup was getting corporate welfare at the time, of course. This was spilled at his recent confirmation hearing for U.S. Treasury Secretary by Orrin Hatch, of all people, guardian of the public interest that he is.

Lew dodged the question badly, hemming and hawing about complexity, the first refuge of the scoundrel.

Expect him to shake up the cozy relations between Wall Street and their supposed regulators. Or not.

Enjoy the article for some other absurd excuses of the four-year-old variety.

And you have to laugh when the moss-encrusted Wall Street Journal runs an editorial against crony capitalism with Lew as the whipping-boy. The outrage, the outrage!

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