Monday, January 31, 2011
Bayh Takes Job With D.C. Lobbying Firm
Dan Coats and Evan Bayh have officially switched places. Former Sen. Dan Coats gave up his Senate seat in 1998 so Evan Bayh could become a U.S. Senator and Dan Coats could become a Washington, D.C. lobbyist. In 2010 Bayh returned the Senate seat to D.C. lobbyist Dan Coats so he could become a D.C. lobbyist. After announcing just last week he had taken a job as a senior adviser to Apollo Global Management, Bayh announces a second job he has taken with D.C. lobbying law firm McGuire Woods, which lobbies for banking, utility, health insurers and big Pharma. The firm's lobbying clients include Duke Energy, which is run by Bayh's old pal Jim Rogers, Anthem, Verizon, the NBA and Fifth Third Bank. Between Bayh and his wife Susan, they have accumulated tens of millions of dollars trading on his public service through gigs with big law firms, corporate board seats and corporate jobs. The Coats-Bayh revolving door tradition from public service to lobbying is why you no longer have a chance of having your voices heard in Washington. These guys are bought and paid for by interests that don't give a damn about ordinary Americans. Instead, they carry water for international corporate interests, supporting policies that have brought our nation to complete economic ruin while they enrich themselves and their true masters. Think about that as you watch the foundations of this once great nation crumble before your very eyes.