Public Servants? Yeah. Uh-huh

I was watching the football game last night with the Cowboys and Indians, ahem, Redskins. They started talking about the bad stuff going on with Washington football and they pan to the owner's box and show Washington owner Dan Snyder. He's always got the same pose when the TV is on him. Wearing a tie and talking to some older, rich muckety-muck next to him. So my eyes drifted, because I feel like I've seen this movie far too much before, and who do I see behind Snyder stuffing his face with free food and drink? Former Fed Chairman Alan Greenspan! Now true, Big Al probably didn't earn much while "working for the people" as Fed Chairman (and lord knows he SHOULDN'T have), but he certainly struck gold (and silver and dollars and yen and euros, etc.) the moment he left the public sector. Big Al looks like the kind of guy who still has his first nickel too. And you get to keep those nickels by eating and drinking for free with tons of people who find it cool or interesting to have you as a guest. Oh and owner Dan Snyder? I GUARANTEE he writes a bunch of stuff that is Redskin related off on his taxes every year. But they want to raise OUR taxes right?

 

This all kind of reminded of a story when a buddy of mine was a pretty senior guy on the street and his firm had a lunch for clients which featured a speaker. That speaker was former Fed Governor Wayne Angell. Mr. Angell received a nice fee for said luncheon (and of course food and drink). So the speech and luncheon went well and when it ended my buddy had to ride out of the city for something and he said that Mr. Angell could ride with him.

 

They get in the car and my buddy says, "So Mr. Angell, that speech of yours had some interesting comments about the economy. Do you really think that's going to happen?" With that, Angell doesnt even look at him and gives him the hand like "unless you are paying me for these comments, I'm not telling you a thing". He proceeds to say NOTHING on their 1 hour ride. Now if thats not a definition of an assclown, I dont know what is.

 

So that's 2 former Fed guys that look like they really care about serving the public, no? I hope Chairman Bernanke is reading this

Comments

[cosmo]

Perhaps Mr Angell just had some ferocious post lunch gas and needed to concentrate on things. To spare your friend, of course.

[nah]

too much mr. fantastic
.
who acknowledges a framework that is a good investment strategy for the US to tackle price speculation for 10 more years that works for the government
.
is there like a government employee that has said publicly speculation does not generate wealth... so microsoft goes public, THE PUBLIC COMPANIES DONT EVEN OWN THE RISK we do at the end of the day
.
what is the argument in favor of our governments policy not just being 'i guess'
.
while the world eyeballz a totally half ass healthcare overhaul 'of which i find to be demeaning to be forced at some length of law to buy any corporate interest'...
.
we go out of our way to have it the corporate way... even when its disgusting...
.
so im for it what the hell this cant last forever