2012 May 24 |
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obama administration

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The big story these days, from liberals and conservatives alike is that Goldman Sachs has essentially become intertwined with the federal government, by way of former executives being offered lofty positions, such as positions within the Treasury Department, like former Secretary Robert Rubin, and many others.  Michelle Malkin has a post up listing the biggest former Goldman employees in the Obama administration.

The idea for some time, mostly parroted by liberals, is that the federal government is corporatist (though I don’t think that means what they think it means), where corporations have control of the government.  A slightly less sinister version of this conspiracy theory is that the government is like a revolving door, allowing executives from big business to work a few years for the federal government, in order to ensure their former company is favored, and then after the term is up, go back with open arms.MORE

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There has been some concern, and rightly so I think, that the late night comedians: the Jon Stewarts, Stephen Colberts, and David Lettermans of the world would fail to criticize and satirize the new President once he got into office.  Jazz Shaw, writing for Pajamas Media, thinks that although the pace has been slow to pick up, the funnies at the expense of the new President are starting to appear:MORE

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