They must love Peter Orszag at the White House. Af few years back, Pete quit his job as director of the Office of Management and Budget to go to work for Citigroup, that banking colossus that perhaps should be referred to as “Citigrope” for violating the public trust in stunningly profitable ways. Now, Pete’s back in the public eye, writing for the New Republic and explaining why the U.S. should take public policy away from elected officials, who have to answer to, you know, the public, and give it to people like himself, public-spirited louts who quit their $125,000 government jobs so they can earn $2 or $3 million a year ($2 or $3 million a year for starters!) on Wall Street working for Sandy Weil’s money machine. Pete, I don’t think you’re quite as disinterested as you think you are.
Afterwords
I previously pissed on Pete here. New York magazine explores Pete’s inner self, such as it is, here. What pisses me off about Pete is not that he left the government to make some “real” money, but that he wasn’t satisfied with foundation/non profit real money—$500,000 for starters, heading towards $1.5-$2 million. He didn’t want to have one or two vacation homes. He had to have three or four.
