Pols Tripping All Over Themselves on Way to Bank

Those loud noises you're hearing from Washington? They're often the sound of politicians and consultants swooshing through the revolving door between the public and private sectors -- or the occasional splat they make when a conflict of interest is so particularly grotesque that it trips them up. Pollster Mark Penn, forced to quit Hillary Clinton's campaign after meeting with a client whose position on a political issue was diametrically opposed to hers, is just the most recent example. Penn ran into trouble by meeting with a member of the government of Columbia-- a client of Penn's public relations firm -- about a trade pact that Clinton opposed.

Those loud noises you're hearing from Washington? They're often the sound of politicians and consultants swooshing through the revolving door between the public and private sectors -- or the occasional splat they make when a conflict of interest is so particularly grotesque that it trips them up. Pollster Mark Penn, forced to quit Hillary Clinton's campaign after meeting with a client whose position on a political issue was diametrically opposed to hers, is just the most recent example.

Penn ran into trouble by meeting with a member of the government of Columbia-- a client of Penn's public relations firm -- about a trade pact that Clinton opposed. Housing Secretary Alphonso Jackson is resigning because of accusations that he steered federal contracts to friends. Rep. Albert Wynn, D-Md., got beat in a March primary and rushed through the revolving door with particular haste, saddling voters with the cost of a special election to fill about six months of his term. But Wynn can keep rubbing shoulders with those he can eventually lobby since he won't actually leave office until June. Dethroned Senate GOP leader Trent Lott of Mississippi persuaded his Republican colleagues to give him another crack at leadership last year, only to bail out in December to form a lobbying firm with former Democratic Senator John Breaux of Louisiana, just before a new law took effect doubling to two years the amount of time a former lawmaker is barred from directly lobbying current ones.

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Senior Editor, Kiplinger.com