Ben Nelson (D-NE) defends 'cooling-off' law for ex-lawmakers-turned-lobbyists
Source: Omaha World Herald
By Joseph Morton
WASHINGTON Former Sen. Ben Nelson will collect $950,000 a year under the two-year contract he just signed to be CEO of the National Association of Insurance Commissioners.
Nelson also will join a public affairs firm as a senior adviser. While his titles don't include lobbyist, his situation is an arrangement that some government watchdog groups have raised concerns about.
Nelson on Wednesday defended the current law, which restricts former senators from directly lobbying former colleagues in the Senate for two years after leaving office.
That cooling-off period was extended from one year to two thanks to a 2007 ethics law Nelson supported. Members of the House still wait one year.
FULL story at link.
Read more: http://www.omaha.com/article/20130124/NEWS/701249894/1685#ben-nelson-defends-cooling-off-law-for-ex-lawmakers-turned-lobbyists
Atman
(31,464 posts)What could he possibly do that is worth a million dollars a year? That is ridiculous.
spartan61
(2,091 posts)(but not all) run for "public service" not so much to represent their state and/or district but as an apprenticeship to one day make the big bucks after leaving office.
smokey nj
(43,853 posts)BetterThanNoSN
(170 posts)Yeah, bye bye to the 'moderateDemocrat', also known as the corporate Democrat.
TwilightGardener
(46,416 posts)bamacrat
(3,867 posts)Especially for those who take the most lobbyist money while in office.
texshelters
(1,979 posts)but it should be illegal. Perhaps this is a good first step? Or is it a compromise so it never becomes illegal?
PTxS