Too much of HF/VC and lobbyist activity has morphed into smash and grab capitalism. When it becomes a revolving door with government service, there's an appearance of impropriety in my view. I also think sectors of the populace see it as a sellout or at odds with the public interest.
A third or half of our candidates are HF/VC people - Edwards, Giuliani, Romney, and Thompson.
Then, look what happens when they're done - Colin Powell, John Snow, Greenie, and many more I can't think of ... . WTF is a disgraced general doing at a HF? Come on. These people are being paid to associate their names with these firms because it implies clout.
Bush was recently asked about his plans. He said the first thing he planned was to "replenish the ole coffers". Is he going VC/HF too, I wonder?
