Where Are They Now?
Ex-Bush Loyalists Cash In
By Nick Turse
June 18, 2009
In May, the U.S. economy lost 345,000 nonfarm jobs, pushing the unemployment rate from 8.9% to 9.4%. According to official statistics, 14.5 million Americans are now looking for work and, as a recent headline at Time.com put it, "The jobs aren't coming back anytime soon." In fact, a team of economists at the San Francisco Federal Reserve Bank recently reported that "the level of labor market slack could be higher by the end of 2009 than at any other time in the post-World War Two period."
The news, however, is not altogether grim. While times are especially tough for teenagers (22.7% jobless rate) and blacks (14.9% jobless rate), one group is doing remarkably well. I'm talking about former members of the Bush administration who are taking up prestigious academic posts, inking lucrative book deals, signing up with speakers bureaus, joining big-time law firms and top public relations agencies, and grabbing spots on corporate boards of directors. While their high-priced wars, ruinous economic policies, and shredding of economic safety nets have proved disastrous for so many, for them the economic outlook remains bright and jobs are seemingly plentiful. In fact, many of them have performed the eye-opening feat of securing two or more potentially lucrative revenue streams at once during these tough financial times.
While it would likely take a small book to catalogue the fates of all former "loyal Bushies," a look at just a few of these fortunate folks indicates that not everybody was harmed by the Bush era.
To find out what these ex-Bush administration people are doing to fatten their bank accounts read the full article at:
http://www.tomdispatch.com/post/175085/nick_turse_bush_officials_cash_in_as_more_americans_lose_out