Tim Pawlenty was against big banks before he took a job lobbying for them
Pawlenty is a man of his convictions... until it pays to ditch them.
Tim Pawlenty is now a professional lobbyist for the one percent. It's a strange gig for guy who last year said he "went to Wall Street and told them to get their snout out of the trough because they are some of the worst offenders when it comes to bailouts and carve-outs and special deals."
A New York Times report digs through Pawlenty's past and uncovers recent statements he's made that fit uncomfortably with his new gig as a Washington-based big bank shill.
Here's Pawlenty, in January 2011, on the bank bailouts, which were obviously supported by Wall Street: "I don't think the government should bail out Wall Street or the mortgage industry or for that matter any other industry."
Then, that summer, as the FSR was lobbying to raise the debt ceiling, here's what Pawlenty said about the issue: "I hope and pray and believe [legislators] should not raise the debt ceiling."
Again from summer 2011, here's Pawlenty on Fed Chairman Ben Bernanke, who remains popular on Wall Street: "I opposed his appointment last time, so it wouldn't be hard for me to oppose his reappointment next time, and I don't think he should continue in that position."
Nonetheless, the Times reports that Pawlenty's top donors during his ill-fated presidential run were Goldman Sachs, Moelis & Company, Wells Fargo, Capital Group Companies, and Morgan Stanley. And his FSR predecessor, Steve Bartlett, seems to have taken a shine to T-Paw too, calling him "a consensus builder."
Consensus builder? The only consensus we remember Pawlenty building is around the notion that he's utterly unlikeable -- as of June, T-Paw was viewed unfavorably by a majority of Minnesotans. We suppose that's all the most reason for him to hang up his political career and take a multi-million dollar gig greasing the Washington wheels for Wall Street.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss City Pages' biggest stories.