Former security officials secure their own wealth
Tennessean
by staff
06/23/06
Washington officials have long enjoyed the revolving door of moving from government jobs to prosperous positions in the private sector. But the Bush administration's security staff may be setting the record for speed and numbers. The New York Times reports that dozens of people who have been on the Bush administration's staff for security — working for either the Department of Homeland Security or the White House Office of Homeland Security — are now working for hefty pay for companies that deal with security issues. Those former government officials are now working as executives, lobbyists or consultants. While it is illegal for senior officials from the executive branch to lobby former government colleagues or subordinates for at least one year, those workers often use loopholes in order to make the transitions legal, according to the Times. But while the practice certainly isn't new, what makes the current transition from official to private sector so breathtaking is the profitability of the homeland security business. The Department of Homeland Security didn't even exist until the nation responded to the terrorist attacks of Sept. 11, 2001, sweeping numerous agencies together...
http://tinyurl.com/gwu7s
Informant: Thomas L. Knapp
by staff
06/23/06
Washington officials have long enjoyed the revolving door of moving from government jobs to prosperous positions in the private sector. But the Bush administration's security staff may be setting the record for speed and numbers. The New York Times reports that dozens of people who have been on the Bush administration's staff for security — working for either the Department of Homeland Security or the White House Office of Homeland Security — are now working for hefty pay for companies that deal with security issues. Those former government officials are now working as executives, lobbyists or consultants. While it is illegal for senior officials from the executive branch to lobby former government colleagues or subordinates for at least one year, those workers often use loopholes in order to make the transitions legal, according to the Times. But while the practice certainly isn't new, what makes the current transition from official to private sector so breathtaking is the profitability of the homeland security business. The Department of Homeland Security didn't even exist until the nation responded to the terrorist attacks of Sept. 11, 2001, sweeping numerous agencies together...
http://tinyurl.com/gwu7s
Informant: Thomas L. Knapp
rudkla - 26. Jun, 15:18
