Senator 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: