May 16, 2011
This past January, the Federal Communications Commission (FCC) approved the merger of media conglomerates Comcast and NBC-Universal. FCC commissioner Meredith Baker pushed for approval, and said it “took too long.”
On April 18, commissioner Baker said she would resign and become Senior Vice President at – where else? – NBC-Universal!
Baker is a scandal, true. But the bigger scandal is that Baker’s move is so typical. Of legislators who have left office, more than a third have gone directly into lobbying. And we need only recall the revolving door between Goldman Sachs and positions at the U.S. Treasury.
Government is a wholly owned subsidiary of Big Business, and those who act accordingly feather their nests in spectacular fashion.