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Senator Ben Nelson retires, then gets 445 percent pay raise and $950,000 annual salary as an insurance lobbyist

Posted by on Jan. 24, 2013 at 12:00 PM
  • 80 Replies

Ex-Senator Ben Nelson (D-NE) was always a friend to the insurance industry while he was in office. He was rewarded for this friendship last week when it was announced that he would become the chief executive of the National Association of Insurance Commissioners (NAIC).

Although Nelson claims he will not act as an official lobbyist, this is only because he is barred from registering as a lobbyist to lobby Congress for two years. Serving as the head of a major special interest organization that does have registered lobbyists will effectively grant him the same role.

In his new job, Nelson will earn $950,000 annually. That is a 445 percent increase over his former job as a U.S. Senator, where he earned $174,000.

If you want to shut the revolving door, click here to join PCCC’s Take Back Democracy campaign.

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If they enforced bank regulations like they do park rules, we wouldn't be in this mess

by on Jan. 24, 2013 at 12:00 PM
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Replies (1-10):
lga1965
by Ruby Member on Jan. 24, 2013 at 12:03 PM
1 mom liked this
O.M.G.
Doesn't seem quite fair does it?
Posted on CafeMom Mobile
JakeandEmmasMom
by Platinum Member on Jan. 24, 2013 at 12:04 PM

 This is the real reason many people actually go into politics.  It's to go into lobbying after they retire.  There is (obviously) MUCH more money in lobbying than in being an elected member of congress.  As a former congressman, he has special access to parts of the capitol building that the average lobbyist can't access.  This makes them very valuable assets to lobbying firms, or, they often start their own.  Bob Packwood (the disgraced former Oregon senator who was thrown out due to sexual harassment of his staff) has done VERY well as a lobbyist.

kaffedrikke
by Bronze Member on Jan. 24, 2013 at 12:05 PM

This is what is wrong.

talia-mom
by Gold Member on Jan. 24, 2013 at 12:10 PM

So should he be banned from having a job like that?

What should he be able to do?


Quoting kaffedrikke:

This is what is wrong.



lizzielouaf
by Gold Member on Jan. 24, 2013 at 12:19 PM

http://www.republicreport.org/2012/make-it-rain-revolving-door/

This has been going on for such a long time

brookiecookie87
by Platinum Member on Jan. 24, 2013 at 12:19 PM
1 mom liked this

You don't see the problem in special interest groups giving members of the government very luxurious jobs after that member of the government has helped that special interest group during his career?

This is wrong. A member of the government shouldn't be allowed to retire and get a luxurious job in a field he contributed/open doors for while in office.

It makes it far far far too easy for corruption to reach them. This isn't the first time something like this has happened and won't be the last. People wonder why so many of the people in office are bought and it is because things like this are allowed.

Quoting talia-mom:

So should he be banned from having a job like that?

What should he be able to do?


Quoting kaffedrikke:

This is what is wrong.





Join us on the 99% Moms group!
The Ninety-Nine Percent Moms   

If they enforced bank regulations like they do park rules, we wouldn't be in this mess

talia-mom
by Gold Member on Jan. 24, 2013 at 12:22 PM


Of course there can be a problem.    But should he be banned from doing that?   Are we really comfortable with telling exiting Congressmen what they can and cannot do to earn a living after they leave Congress?

Quoting brookiecookie87:

You don't see the problem in special interest groups giving members of the government very luxurious jobs after that member of the government has helped that special interest group during his career?

This is wrong. A member of the government shouldn't be allowed to retire and get a luxurious job in a field he contributed/open doors for while in office.

It makes it far far far too easy for corruption to reach them. This isn't the first time something like this has happened and won't be the last. People wonder why so many of the people in office are bought and it is because things like this are allowed.

Quoting talia-mom:

So should he be banned from having a job like that?

What should he be able to do?


Quoting kaffedrikke:

This is what is wrong.







brookiecookie87
by Platinum Member on Jan. 24, 2013 at 12:25 PM
1 mom liked this

Absolutely. When it comes to preserving Democracy and making the people in Office have the people in mind and not the $money$.

This undermines democracy and puts people under the bus.

It's not like we are telling members of Congress they can't do what they were doing before. Or can't go back to the job they had before. Or that they cannot pick a profession/career that they always wanted.

But they should not be allowed to help an industry out, open doors for them, block bills that hurt them, push bills that help them, and then retire and get a luxurious job in that industry. It's blaring obvious what is happening and crazy that people don't even care.

Quoting talia-mom:


Of course there can be a problem.    But should he be banned from doing that?   Are we really comfortable with telling exiting Congressmen what they can and cannot do to earn a living after they leave Congress?

Quoting brookiecookie87:

You don't see the problem in special interest groups giving members of the government very luxurious jobs after that member of the government has helped that special interest group during his career?

This is wrong. A member of the government shouldn't be allowed to retire and get a luxurious job in a field he contributed/open doors for while in office.

It makes it far far far too easy for corruption to reach them. This isn't the first time something like this has happened and won't be the last. People wonder why so many of the people in office are bought and it is because things like this are allowed.

Quoting talia-mom:

So should he be banned from having a job like that?

What should he be able to do?


Quoting kaffedrikke:

This is what is wrong.









Join us on the 99% Moms group!
The Ninety-Nine Percent Moms   

If they enforced bank regulations like they do park rules, we wouldn't be in this mess

autodidact
by Platinum Member on Jan. 24, 2013 at 12:28 PM


must project the corrupt "free market" at all costs, mustn't we? eye rolling

Quoting talia-mom:

So should he be banned from having a job like that?

What should he be able to do?


Quoting kaffedrikke:

This is what is wrong.








JakeandEmmasMom
by Platinum Member on Jan. 24, 2013 at 12:28 PM

 For me, it isn't that I don't care.  It's that I realize there is nothing that will ever be done about it.  They aren't going to vote for a bill that forbids this because this is the reason many of them are there in the first place.

Quoting brookiecookie87:

Absolutely. When it comes to preserving Democracy and making the people in Office have the people in mind and not the $money$.

This undermines democracy and puts people under the bus.

It's not like we are telling members of Congress they can't do what they were doing before. Or can't go back to the job they had before. Or that they cannot pick a profession/career that they always wanted.

But they should not be allowed to help an industry out, open doors for them, block bills that hurt them, push bills that help them, and then retire and get a luxurious job in that industry. It's blaring obvious what is happening and crazy that people don't even care.

Quoting talia-mom:

 

Of course there can be a problem.    But should he be banned from doing that?   Are we really comfortable with telling exiting Congressmen what they can and cannot do to earn a living after they leave Congress?

Quoting brookiecookie87:

You don't see the problem in special interest groups giving members of the government very luxurious jobs after that member of the government has helped that special interest group during his career?

This is wrong. A member of the government shouldn't be allowed to retire and get a luxurious job in a field he contributed/open doors for while in office.

It makes it far far far too easy for corruption to reach them. This isn't the first time something like this has happened and won't be the last. People wonder why so many of the people in office are bought and it is because things like this are allowed.

Quoting talia-mom:

So should he be banned from having a job like that?

What should he be able to do?

 

Quoting kaffedrikke:

This is what is wrong.

 

 

 

 

 

 

 

 

 

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