22 ms·
I know several people who have transitioned from working in politics to working in private sector. The reason is usually much less nefarious: Private sector pa
by PragmaticPulp 5y ago
I know several people who have transitioned from working in politics to working in private sector.
The reason is usually much less nefarious: Private sector pays a lot more than political jobs. This is especially true for FAANG positions.
Facebook is large enough to afford professional lobbyists and consulting firms if they need political access. They don’t need to give executive level positions to former employees of a governor’s communications team to get access.
- sandworm101 5y ago>> professional lobbyists and consulting firms Those cost and are not very effective. Lobbyists create paper trails and must follow rules. A more efficient strategy is to hire the friends and family members of influential people.
- bombcar 5y agoIt's a cost worth paying as it provides the "cover" for the actual influence. "Everything is aboveboard, the lobbyists we hired are just that good."
- SV_BubbleTime 5y ago> A more efficient strategy is to hire the friends and family members of influential people. Recently, a Picasso sold at auction for $150k. Recently, a Hunter Biden painting reportedly sold for $500k. Nothing to see here, he’s just a really great artist. Coming off his fantastic career as a Ukrainian energy guru.
- spaetzleesser 5y ago“Facebook is large enough to afford professional lobbyists and consulting firms if they need political access. They don’t need to give executive level positions to former employees of a governor’s communications team to get access.” This is no different. Basically they are hiring lobbyists on staff instead of dealing with a lobbying firm.