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From Emily Yoffe in the Washington Post.
Like many Americans whose steady, reliable job has suddenly disappeared, Thomas Daschle cobbled together a bunch of gigs when he was laid off in 2004 by the people of South Dakota after more than two decades of representing them in Congress.
There was the day job at the law firm Alston & Bird that must have been blessedly free of the kind of dull legal minutiae that make up many a billable hour, since Daschle is not a lawyer. That paid $2.1 million over the past two years. The consulting position at InterMedia Advisors, a private equity firm, paid him $1 million a year. A senior partner there told The Post that Daschle did “a lot of helpful work,” which he declined to enumerate. A stream of speeches to businesses that had business with the government earned Daschle $500,000 during the past two years. There were directorships on several boards — BP Corp. alone paid him $250,000…
“He’s the gold standard for integrity in government,” said a former aide to Daschle, Andrea LaRue, herself now a lobbyist. In recent months, as the economy has melted down, we have all learned about the art of monetization — of turning things such as bad home equity loans into arcane derivatives and how there’s lots of money to be made out of monetization (until sometimes the money disappears). Even if we don’t know what Daschle did to earn all his money, we do know that when you monetize the job of Senate majority leader, as Daschle’s financial disclosure forms reveal, you come up with almost $5.3 million in two years. Gold standard, indeed.
More from Ken Silverstein:
Commentary — November 17, 2015, 6:41 pm
The Clintons’ so-called charitable enterprise has served as a vehicle to launder money and to enrich family friends.
Number of people who attended the World Grits Festival, held in St. George, South Carolina, last spring:
The brown bears of Greece continued chewing through telephone poles.
In Peru, a 51-year-old activist became the first former sex worker to run for the national legislature. “I’m going to put order,” she said, “in that big brothel which is Congress.”
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“Civilization masks us with a screen, from ourselves and from one another, with thin depth of unreality. We habitually live — do we not? — in a world self-created, half established, of false values arbitrarily upheld, largely inspired by misconception, misapprehension, wrong perspective, and defective proportion, misapplication.”