Wednesday, March 18, 2015

The biggest crooks are always the ones with the badges - Wall Street edition

You don't have to be a cynic to see a kind of parallel between the actions of the former prosecutors and the accusations they are making against those they are prosecuting. One group is making money by trading on their insider knowledge and unique relationships. And the other group...

Another case for the Glenn Reynolds anti-revolving door tax of "A 50% surtax on anything earned within five years after leaving the federal government, above whatever the federal salary was." Or better yet, for laws sufficiently clear, and law-enforcement sufficiently predictable and not arbitrary, that there's no big extra value in, or need for, hiring a former U.S. attorney on the defense side.

But arbitrary 2000 page laws with 50000 pages of regs and lots of "discretion" and "forbearance" is how the Dems keep 80% of all lawyers on their side. Whores recognize a good pimp when they see one. More here.

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