Monday, December 07, 2009

Issues with "$700 billion man" does not end Kashkari

Last Sunday, The Washington Post had an article on Kaskari, the $700 billion man. It took a stab at the world of Washington politics and how it can affect someone. Not a week went by, that it came to light that he is joining Pimco, the leading bond investment fund. Revolving door - certainly. But what are the possibilities? If someone's basic livelihood is based on a certain skills and knowledge base - where else can he go and what else can he do. Rather than focussing resentment on this fact, why not ponder how to make the system in Washington more effective by the influence of helpful special interest (if there is such a thing).

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