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Anthony Weiner's disgrace – by which I mean green-energy subsidies – led to riches

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Politics,Beltway Confidential,Congress,Timothy P. Carney,Environment,Energy Department

After leaving Congress because he accidentally sent a picture of his clothed but erect penis to the public while trying to send it to a young woman who was not his wife, Anthony Weiner made lots of money. The New York Times posits “Mr. Weiner’s lucrative stint in business could serve as a compelling campaign credential, blunting efforts to portray him as a career politician….”

But look at the work he did:

Anthony D. Weiner has demystified the details of the 906-page Affordable Care Act for an electronic medical records company.

He has counseled a biofuel firm about expansion into the emerging markets of Latin America and Africa.

And he has plunged into the world of start-ups with his own green energy business.

These are all companies he subsidized as a Congressman, and now he’s helping them deal with government. It tells us something about the incentives a Congressman has — regulate and subsidize businesses, and you’ll make yourself more valuable when you leave office.

It also reminds us that leaving office under a cloud of sex-related scandal isn’t a barrier to lucrative lobbying/consulting work afterwords. See Bob Livington, Chip Pickering, Tim Hutchinson, or Vito Fossella for other examples.

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