Elizabeth Warren Hammers Eric Cantor and His Shady Move to Wall Street (Video)

warren-couricSenator Elizabeth Warren (D-MA) is easily one of my favorite politicians. While I know all politicians have their flaws, Warren seems to be one of the few members of Congress who seems to actually care about average Americans. In her short tenure as a United States Senator she’s devoted a lot of her time to battling corruption on Wall Street and standing up for average Americans.

So it should come as no surprise to anyone that she wasn’t exactly thrilled when former House Majority Leader Eric Cantor took a lucrative executive position with an investment banking firm just a few weeks after resigning from Congress.

In an interview with Katie Couric, Warren said of Cantor’s move, “This is wrong. People work in Washington and, man, they hit that revolving door with a speed that would blind you and head straight out into the industry, not because they bring great expertise or insight, but because they’re selling access back in to their former colleagues, who are still writing policy, who are still making laws.”

“It worries me about what happens if people in government are looking for that next job and saying, ‘Yeah, I’m working now, not as much money as I could be making, but when I leave here that’s where I’m headed,’” she continued. “That ultimately infects whatever it is that they’re doing. I just think this is wrong.”

And I couldn’t agree more.

Cantor was already someone many viewed as being too cozy with Wall Street. So it seems extremely shady that instead of finishing out his term as a representative from Virginia, he decided to leave office early. Though he claimed he was doing so to essentially get out of the way, so as to not be a distraction.

Which we now know was complete b.s.

See, he couldn’t have taken this job while he was still a member of Congress. So the only choice he had (besides waiting another few months) was to resign early, that way he could get in on that big money as soon as possible.

Which is exactly what he did.

While what Eric Cantor did isn’t illegal, it does seem to confirm what many have suspected about him all along. That during his time in Congress he was nothing more than a hired gun for Wall Street. Then again, a lot of politicians are. Especially those calling themselves Republicans.

And let’s be honest, this firm didn’t hire Cantor for his expertise on investments, they hired him so that he could use his connections in Washington D.C. to ensure our government continues to work for Wall Street instead of the American people.

Watch the interview below via Yahoo

Allen Clifton

Allen Clifton is a native Texan who now lives in the Austin area. He has a degree in Political Science from Sam Houston State University. Allen is a co-founder of Forward Progressives and creator of the popular Right Off A Cliff column and Facebook page. Be sure to follow Allen on Twitter and Facebook, and subscribe to his channel on YouTube as well.


Facebook comments

  • Marion

    Civil servants must avoid certain types of employment after leaving Government service. Why shouldn’t the same rules apply to elected officials?

    • strayaway

      I just read that former Sen. Trent Lott (R) has joined the ranks of lobbyists. When Reagan left office, he headed straight for Japan and made two speeches for $1M. The Clinton family hasn’t done badly on the speech circuit either. Given the job, real estate, and speech opportunities after office, how many elected officials are going to pass any law limiting their greed? Their lucrative pensions don’t seem to satisfy.

  • Stephen Barlow

    There should be a 5 year minimum for ex Government servants to wait before entering any job that was a contractor or lobbyist with their Department. No energy jobs if you are DOE, no jobs if you had anything to do with any bill any specific industry was involved in lobbying on.

    Walmart is always hiring quality slaves.

    • Bine646

      So no CEOs of GE becoming job czars, etc etc?

      • Stephen Barlow

        NO DOE administrators becoming oil company lobbyists.

        You MSUT STOP reading everything backwards.

      • Jim Bean

        I think he read it just fine after detecting a bit of situational ethics on your part and suspecting hypocrisy at the core.

      • Stephen Barlow

        He reads as coherently Republican as you do. LMAO George Carlin’s just walked through My room an patted me on the shoulder.

        JUMBO shrimp
        MILITARY intelliigence
        coherent REPUBLICAN

      • Pipercat

        These two never met a fallacy they didn’t like.

      • Stephen Barlow

        Which two? and WHAT fallacy? I LIKE women!!! And I like My OWN fallacy a lot, but was never impressed with anyone ELSE’S fallacy.

  • robdog1701

    Elizabeth Warren has the integrity of a louse. It was perfectly ok for her to lie about her heritage until she received tenure a Harvard, but an ex congressman get a job as a lobbyist and it’s a travesty. Democrats as just as guilty of running to the media, K Street, or Wall Street as Republicans. Hell, even their kids do it. Chelsea Clinton just quit a $600K job at NBC. To use Senator Warren’s own comment, “I’m sure she was hired for her journalism background.”

  • Matthew Reece

    The only way to solve this problem is to abolish the state so that there is no legislature to which to sell access.