Door Politics Is A Lucrative Business, As Essay

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¶ … Door Politics Politics is a lucrative business, as the federal government is constantly handling billions of dollars, and making big decisions that have implications for dozens of industries across the country. It is no wonder, then, that politicians find their expertise and connections in Washington to be an asset when considering a post-political career. This phenomenon is called revolving door politics, and it has negative connotations for the fairness of the American lobbying system, and to what extent the U.S. government is willing to provide oversight to the contracts and laws it passes. (Taibbi, 2012)

The revolving door is a problem because it impedes on the so-called iron triangle, which is the separation of spheres of influence between citizens, corporations, and government. When corporations and government work together too closely, it leads to corruption, inefficiency, and loss of competitiveness,...

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The Mineral Management Services, in charge of the oversight of this drilling platform, did not do all that it was required to do to oversee the operation. (Tempest, 2010) Also, the revolving door was seen to be a big problem inside of the Mineral Management Services, because many of its top officials had formerly worked for the oil companies that it was supposed to be overseeing. The problem within MMS was so bad, that after this disaster, the Obama Administration split the service apart, and gave duties to the Bureau of Ocean Energy Management, and the Bureau of Safety and Environmental Enforcement. The MMS was the nation's most profitable agency, after the IRS, and this fact may explain why Congress was so keen on ignoring the growing problems of the…

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Work Cited

Foley, S. (18, November 2011). "Goldman Sachs Conquers Europe." The Independent. London. Retrieved from, http://www.independent.co.uk/news/business/analysis-and-features/what-price-the-new-democracy-goldman-sachs-conquers-europe-6264091.html.

Taibbi, M. (11, January 2012). "Revolving Door." Rolling Stone Magazine. New York. Retrieved from, http://www.rollingstone.com/politics/blogs/taibblog/revolving-door-from-top-futures-regulator-to-top-futures-lobbyist-20120111.

Tempest, R. (June 2010). "Before Deepwater Horizon Disaster." "Wyoming File. Idaho Falls. Retrieved from, http://wyofile.com/2010/06/before-deepwater-horizon-disaster-wyomingites-had-key-roles-in-mms.


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