{"id":128349,"date":"2015-10-19T10:43:26","date_gmt":"2015-10-19T16:43:26","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2015\/10\/19\/the-regulatory-revolving-door.html"},"modified":"2015-11-10T16:19:23","modified_gmt":"2015-11-10T23:19:23","slug":"the-regulatory-revolving-door","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2015\/10\/19\/the-regulatory-revolving-door.html","title":{"rendered":"The Regulatory Revolving Door"},"content":{"rendered":"<p>I&#39;m not quite sure what to do about pulling top officials in from the business areas that they are then called upon to regulate, and then after their tenure letting them go back to those business areas. It&#39;s an obvious &quot;Caesar&#39;s wife must be beyond reproach&quot; conflict of interest &#8230; but the alternative is to bring in people from outside the expertise area, or who are less talented, or who are not financially dependent on going back to that industry after their service is up.<\/p>\n<p>Each of those options carries with it risks and costs. But any of them may be, at least in the short term, better than leaving the impression that the process is intrinsically corrupt.<\/p>\n<p>(Note: this applies to administrations of both parties, as well as members of Congress.)<\/p><\/blockquote>\n<blockquote class=\"sm2wp\"><p>\n<a style='display:inline;' href='https:\/\/theintercept.com\/2015\/10\/16\/holder-defends-record-of-not-prosecuting-financial-fraud'><br \/>\n<img src='https:\/\/lh3.googleusercontent.com\/proxy\/9kBZpp16GNS1Dj52mUq4-vOlSWXtMKm7YiwC_zqQfn5mlsoM28LPi4VbgUcdy9chl6T74RomTbvK83w-R2QMwYJV3pxB9KujOBUdZTHroDgZ4OoZH_zgOgi2Hxyaubsab4jRMpz5-QkpgwYfk3DVFb1fnw=w506-h910' border='0' style='max-width:650px;'\/><br \/>\n<\/a><br \/>\n<span style='font-size:large;'><a href='https:\/\/theintercept.com\/2015\/10\/16\/holder-defends-record-of-not-prosecuting-financial-fraud'>Holder Defends Record of Not Prosecuting Financial Fraud<\/a><\/span><br \/>\nAfter he stepped down as attorney general, he went back to his job at a big D.C. law firm whose clients include many of the big banks he chose not to prosecute.\n<\/p><\/blockquote>\n<p><span style='font-size:small;'><a href='https:\/\/plus.google.com\/+DaveHill47\/posts\/DP2s2i1DAf6'>View on Google+<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#39;m not quite sure what to do about pulling top officials in from the business areas that they are then called upon to regulate, and then after their tenure letting them go back to those business areas. It&#39;s an obvious &quot;Caesar&#39;s wife must be beyond reproach&quot; conflict of interest &#8230; but the alternative is to &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2015\/10\/19\/the-regulatory-revolving-door.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Regulatory Revolving Door&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,35,374],"tags":[],"class_list":["post-128349","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-big-business","category-money-politics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":28445,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/06\/30\/all-your-bay-areas-are-belong-to-us.html","url_meta":{"origin":128349,"position":0},"title":"All your Bay Areas are belong to us!","author":"***Dave","date":"Sat 30-Jun-12 2:49pm","format":false,"excerpt":"Apparently there are a lot of Soviet era military maps of substantial detail floating around for sale. \u00a0Here's a nice scan from one of San Francisco. Embedded Link The Russians Are(n\u2019t) Coming to\u00a0\u0421-\u0424 Via the esteemed @footage, behold this Cold War era Soviet military map of San Francisco Bay Area:\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8771,"url":"https:\/\/hill-kleerup.org\/blog\/2006\/04\/18\/relativity.html","url_meta":{"origin":128349,"position":1},"title":"Relativity","author":"***Dave","date":"Tue 18-Apr-06 3:29am","format":false,"excerpt":"While there are any number of areas where there's much admire about the UK and Europe vs. the US, I will say that having open (if \"restricted to these seats\")...","rel":"","context":"In &quot;Travel&quot;","block_context":{"text":"Travel","link":"https:\/\/hill-kleerup.org\/blog\/category\/travel"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45319,"url":"https:\/\/hill-kleerup.org\/blog\/2014\/09\/17\/hey-lets-expand-into-new-areas-that-we-wont-be-willing-to-cover.html","url_meta":{"origin":128349,"position":2},"title":"&quot;Hey, let&#039;s expand into new areas that we won&#039;t be willing to cover&quot;","author":"***Dave","date":"Wed 17-Sep-14 8:01pm","format":false,"excerpt":"One might feel some sympathy for people who have a house next to which an airport is built feeling like, whoa, hey, this isn't what we bargained for.One feels less sympathy for people who move next to an existing airport, then kvetch about the noise.Similarly, one has to wonder how\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10254,"url":"https:\/\/hill-kleerup.org\/blog\/2007\/03\/06\/how_to_make_the_time_pass.html","url_meta":{"origin":128349,"position":3},"title":"How to make the time pass faster in Post Office lines?","author":"***Dave","date":"Tue 6-Mar-07 7:05pm","format":false,"excerpt":"Remove the clocks. That, of course, is not the reason clocks have been removed from the public areas of some 37,000 post offices over the last year. Instead it's all...","rel":"","context":"In &quot;Big Business&quot;","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12109,"url":"https:\/\/hill-kleerup.org\/blog\/2007\/11\/14\/lovely_view.html","url_meta":{"origin":128349,"position":4},"title":"Lovely view","author":"***Dave","date":"Wed 14-Nov-07 5:50pm","format":false,"excerpt":"Quoth the sticker, STAND CLEAR OF HAZARD AREAS WHILE ENGINE IS RUNNING. Especially while in mid-air, I suppose....","rel":"","context":"In &quot;Travel&quot;","block_context":{"text":"Travel","link":"https:\/\/hill-kleerup.org\/blog\/category\/travel"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/farm3.static.flickr.com\/2272\/2025041687_2e464da374.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":127846,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/08\/30\/the-sunset-idea-house-in-denver-is-a-mixture-of-ideas-both-good-and-bad.html","url_meta":{"origin":128349,"position":5},"title":"The Sunset Idea House in Denver is a mixture of ideas both good and bad","author":"***Dave","date":"Sun 30-Aug-15 10:41pm","format":false,"excerpt":"We went up to the Sunset Idea House here in Denver today. They'd taken a mid-century ranch, popped the top to add a second floor, gutted the interior rooms and made it over in mid-century style.The Good - Well, mid-century thematically remains one of my favorite decorating motifs, and was\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/128349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=128349"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/128349\/revisions"}],"predecessor-version":[{"id":128704,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/128349\/revisions\/128704"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=128349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=128349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=128349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}