Washington Babylon — February 3, 2009, 8:22 am

How Tom Daschle Scrambles to Make Ends Meet

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.

Share
Single Page

More from Ken Silverstein:

Commentary November 17, 2015, 6:41 pm

Shaky Foundations

The Clintons’ so-called charitable enterprise has served as a vehicle to launder money and to enrich family friends.

From the November 2013 issue

Dirty South

The foul legacy of Louisiana oil

Perspective October 23, 2013, 8:00 am

On Brining and Dining

How pro-oil Louisiana politicians have shaped American environmental policy

Get access to 165 years of
Harper’s for only $45.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

December 2016

Prose by Any Other Name

= Subscribers only.
Sign in here.
Subscribe here.

The New Red Scare

= Subscribers only.
Sign in here.
Subscribe here.

Separated at Birth

= Subscribers only.
Sign in here.
Subscribe here.

The Priest in the Trees

= Subscribers only.
Sign in here.
Subscribe here.

The Lightness

= Subscribers only.
Sign in here.
Subscribe here.

With Child

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Article
With Child·

= Subscribers only.
Sign in here.
Subscribe here.

"She glanced across the waiting room at a television playing a birth-control ad and laughed darkly. 'Jesus, Lord, it would be so nice if someone just pushed me down a flight of stairs.'"
Photograph (detail) by Lara Shipley
Article
Swat Team·

= Subscribers only.
Sign in here.
Subscribe here.

"As we shall see, for the sort of people who write and edit the opinion pages of the Post, there was something deeply threatening about Sanders and his political views."
Illustration (detail) by John Ritter
Article
Escape from The Caliphate·

= Subscribers only.
Sign in here.
Subscribe here.

"When Matti invited me on a tour of the neighborhood, I asked about security. 'The message has already been passed to ISIS that you’re here,' he said. 'But don’t worry. I guarantee I could bring even you in and out of the Islamic State.'"
Photograph (detail) by Alice Martins
Article
In This One·

= Subscribers only.
Sign in here.
Subscribe here.

"She glanced across the waiting room at a television playing a birth-control ad and laughed darkly. 'Jesus, Lord, it would be so nice if someone just pushed me down a flight of stairs.'"
Illustration (detail) by Shonagh Rae
Article
“Don’t Touch My Medicare!”·

= Subscribers only.
Sign in here.
Subscribe here.

"Medicare’s popularity, however, comes with almost no understanding of what the program is and how it works."
Illustration (detail) by Nate Kitch

Number of tombstones in Tombstone, Arizona:

792

Electrofishing on the Irrawaddy River deters dolphins from their habit of assisting fishermen.

Trump tweeted that “millions of people” had illegally cast ballots in last month’s presidential election, and the Washington Post identified four cases of voter fraud across the country.

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

Who Goes Nazi?

= Subscribers only.
Sign in here.
Subscribe here.

By

"It is an interesting and somewhat macabre parlor game to play at a large gathering of one’s acquaintances: to speculate who in a showdown would go Nazi. By now, I think I know. I have gone through the experience many times—in Germany, in Austria, and in France. I have come to know the types: the born Nazis, the Nazis whom democracy itself has created, the certain-to-be fellow-travelers. And I also know those who never, under any conceivable circumstances, would become Nazis."

Subscribe Today