April 14, 2014

DIVORCE, BELTWAY STYLE: The Democratic breakup that exposes Washington’s rotten core.

The documents, which you can read below, did not become available to the rest of us until yesterday. They tell stories not only of a May-December romance gone sour, but of how obscene wealth can be amassed through rent-seeking and influence-peddling in Washington D.C., and of the hoary means by which the princelings of the capital and their consorts maintain and grow that wealth. They tell stories not only of an ugly divorce, but of the power of lobbying, of how one family maneuvered to the center of the nation’s dominant political party, of the transactional relationships, gargantuan self-regard, and empty posturing that insulates, asbestos-like, the D.C. bubble.

That the broken couple now uses the tools of their trade—the phone-call to a friend, the selective leaking of documents, the hiring of attorneys, the launch of a public-relations campaign—against one another is more than ironic. It is fitting. Tony and Heather Podesta reached the pinnacle of wealth and influence in Barack Obama’s Washington. Now they, like he, are in eclipse. . . .

Corporations give to Democratic politicians, avoiding the scrutiny of liberal attack dogs in the media and nonprofit sectors, and enjoying the ego boost that comes with being on the “right side of history.” Then those corporations hire the Podestas to get them out of the Rube Goldberg traps the Democrats have enacted into law. John’s innovation was to establish a corporate-funded think tank where the burdensome policies would be concocted, and whose staff would go on to man the regulatory agencies that put their wool-headed ideas into practice. And to whom do the corporations turn when they find themselves on the receiving end of all this uplift, all this do-goodery, all this progress, hope, and change? Why, to the man in the red Prada loafers, and to his flamboyantly patterned wife.

Read the whole thing.