After news yesterday of members of the Obama Economic Team cashing in from the banking industry prior to joining the administration, we now have word of several of them cashing in from the media.
Good for them! They had expertise that was in demand, so why not sell it? They were not legally or ethically bound to poverty, and their support for a presidential candidate did not render them voiceless in the public square. Same goes for the folks who were advising the financial industry. That it brings into question their vaunted, seemingly irreplaceable judgment is valid; that they did anything wrong is not.
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