Monday, October 24, 2011

Employment Insurance

You needn't feel sorry for former Minnesota Governor Tim Pawlenty. His campaign for the GOP presidential nomination never took fire, so he dropped out, but he still has a pretty decent future.

After keeping a mostly low profile the past two months, Pawlenty was named Tuesday to the board of directors of RedPrairie, an international Atlanta-based supply chain company. The company has an office in Eden Prairie. ...

Pawlenty is also joining the board of Miromatrix, medical company, the company announced this week. ...

The company noted that it had "enjoyed significant support and cooperation from both the State of Minnesota and the University of Minnesota."

According to Minneapolis- St. Paul Business Journal, Minnesota loaned Miromatrix $250,000 in 2010 when Pawlenty was governor.
[Emphasis added]

And that, my friends, is how politicians line up their next job. Make nice to business interests while in office and then accept a cushy job on their boards of directors at a pretty nice salary. It's a career path, one trod by our elected officials on both sides of the aisle. Is it any wonder that our owners continue to rake in the dough while the rest of us suffer through bad times?

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10:17 PM  

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