Thomas Frank: The Influence of Influence: On Worshipping Money in Washington, D.C.

A closer look at the influential, the influencers, and those looking—for the right price—to be influenced in the nation's capital

Although it’s difficult to remember those days eight years ago when Democrats seemed to represent something idealistic and hopeful and brave, let’s take a moment and try to recall the stand Barack Obama once took against lobbyists. Those were the days when the nation was learning that George W. Bush’s Washington was, essentially, just a big playground for those lobbyists and that every government operation had been opened to the power of money. Righteous disgust filled the air. “Special interests” were much denounced. And a certain inspiring senator from Illinois promised that, should he be elected president, his administration would contain no lobbyists at all. The revolving door between government and K Street, he assured us, would turn no more.

Instead, the nation got a lesson in all the other ways that “special interests” can get what they want -- like simple class solidarity between the Ivy Leaguers who advise the president and the Ivy Leaguers who sell derivative securities to unsuspecting foreigners. As that inspiring young president filled his administration with Wall Street personnel, we learned that the revolving door still works, even if the people passing through it aren’t registered lobbyists.