The revolving door of corruption between the government and big banks isn’t a well-kept secret.
Just look at the bank bailout during the 2008 financial crisis.
Also, it’s common to see government workers receive cushy jobs at financial institutions right after their tenure in D.C.
It’s disgusting that this was ever allowed in our country.
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Yet, they’re now openly bragging about the revolving door in congressional committee meetings.
This week’s House Financial Services Committee meeting perfectly illustrated the revolving door of corruption plaguing the United States.
Rep. Trey Hollingsworth (R-IN) bragged about his team member from the past couple of years taking a job at Bank of America.
He wants the financial institution to recognize her talent and take good care of her.
Bank of America CEO Brian Moynihan responds by saying her father already works for them, so he’ll also take care of her.
Isn’t that convenient?
This illustrates that government officials who are supposed to provide oversight of big banks are flouting their resumes and utilizing their connections to secure jobs at the banks.
It’s a revolving door of corruption amongst elitists.
Watch this clip on Rumble via Chief Nerd:
In a related clip, Rick Santelli slammed the “unique relationship” between governments and central bankers.
“You can’t print forever and think you can get away with it…they ruined the entire infrastructure of global finance,” Santelli said.
Watch on Rumble via Chief Nerd: