{"id":185703,"date":"2014-09-02T22:03:00","date_gmt":"2014-09-03T03:03:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2014\/09\/02\/least-surprising-news-of-the-day-16\/"},"modified":"2014-09-02T22:03:00","modified_gmt":"2014-09-03T03:03:00","slug":"least-surprising-news-of-the-day-16","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2014\/09\/02\/least-surprising-news-of-the-day-16\/","title":{"rendered":"Least Surprising News of the Day"},"content":{"rendered":"<p>Eric Cantor gets is back loaded bribe, because, after fighting financial reform tooth and nail, he will now <a href=\"http:\/\/thinkprogress.org\/economy\/2014\/09\/02\/3477786\/eric-cantor-wall-street\/\">make millions of dollars at a Wall Street firm<\/a>: <\/p>\n<blockquote><p><span style=\"color: blue;\">Former House Majority Leader Eric Cantor (R-VA), who resigned last month after losing renomination to an underfunded college professor, spent much of his 13-plus years in the U.S. Congress advancing the agenda of Wall Street investment firms. This week, he announced that he will be joining a Wall Street investment bank as its new vice chairman.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">Cantor will be joining Moelis &amp; Co., the investment bank said, to \u201cprovide strategic counsel to the Firm\u2019s corporate and institutional clients on key issues,\u201d to \u201cplay a leading role in client development,\u201d and to \u201cadvise clients on strategic matters.\u201d The announcement press release praised Cantor as a \u201cleading voice on the economy and job creation,\u201d who worked in Congress \u201cto lower taxes, eliminate excessive regulation, strengthen small businesses, and encourage entrepreneurship.\u201d The deal reportedly includes a $1.4 million signing bonus and at least a $2 million annual compensation package.<\/span><\/p><\/blockquote>\n<p>Moelis and Co. will not get a value of $2 million a year from Eric Cantor, but that is not the purpose of their offer to him.<\/p>\n<p>The purpose of their offer to him is to show people who are <b>still<\/b> in Congress that, if they play nice with the banksters, then when they retire, whether voluntarily or involuntarily, they will be set for life.<\/p>\n<p>It&#8217;s the proverbial offer they cannot refuse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric Cantor gets is back loaded bribe, because, after fighting financial reform tooth and nail, he will now make millions of dollars at a Wall Street firm: Former House Majority Leader Eric Cantor (R-VA), who resigned last month after losing renomination to an underfunded college professor, spent much of his 13-plus years in the U.S. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,975,978,979],"tags":[],"class_list":["post-185703","post","type-post","status-publish","format-standard","hentry","category-corruption","category-employment","category-politics","category-wanker"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185703"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=185703"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185703\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=185703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=185703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=185703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}