Bill Moyers & Thomas Frank on Jamie Dimon and the Revolving Door Between Congress and Lobbyists
Jamie Dimon and Wall Street's wholesale pillage of the American dollar is hot on everyone's mind right now (aka forever), and Bill Moyers wants to get to the bottom of it. Looming above the Dimon testimony to the Senate Banking Committee is the fact that everyone seems to know everyone—and that's not a coincidence. In advance of his airing this weekend, Moyers sat down with Thomas Frank, author of the book What's the Matter With Kansas?, and discussed the dangerously and disservicible intimacy between Congress and lobbyists.
"This is what's called the 'Revolving Door.' This is how Washington DC works," explains Frank. "People go back and forth, typically from Capitol Hill staffs to working for lobby firms... that have to do with the interests that they used to work on... and then they go back and lobby to their former boss... That's how you get ahead in lobbying."
Watch here, via Huffington Post: