Tuesday, May 27, 2008

Blending of Blue and Red in Lobbying Color Guard

Big business sees the writing on the wall with an angry electorate determined to vote for change. As a result, ex-Clinton staffers now occupy top lobbying jobs, usually titled Vice President for Global Governmental Affairs. The Carlyle Group hired David Marchick several months back. This after adding Clinton Chief of Staff Mack McLarty years ago.

The Washington Post reported J.P. Morgan Chase snatched up Peter Scher as their new V.P. lobbyist. That would be the same J.P. Morgan Chase that acquired Bear Sterns for a song over a spring weekend. Peter worked for Senator Max Baucus, D-Montana, the esteemed Senator who accepted tens of thousands in donations from for-profit health care companies with no facilities in his state. Mr. Scher most recently headed up the D.C. law/lobbying firm of Mayer Brown. To show its credentials in serving the government industrial monstrosity, Mayer Brown recently advised Pennsylvania Governor Ed Rendell on the leasing of the Pennsylvania Turnpike.

Those bells you hear in the background aren't angels getting their wings, it's the sound of cash registers ringing. It's devils getting their due. Don't worry, while the cashier is pressing the D key more frequently, there's still plenty of business for R's.

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