Saturday, September 26, 2009

The Money Trail: Martinez follows other lawmakers straight to K Street

http://www.politico.com/news/stories/0909/27560.html
It used to be that lawmakers were coy about any ideas they had about heading for K Street, waiting until their terms ended before announcing they were beginning a more lucrative career.

But in recent years, members of Congress planning to become lobbyists have not been able to wait. In fact, when Florida Republican Mel Martinez this week accepted a position with the mega-lobbying and law firm DLA Piper — less than two weeks after resigning from the Senate — it brought to five the number of former lawmakers since 2007 who have abandoned their constituents midterm and almost immediately resurfaced with lobbying firms, according to data provided by the nonpartisan Center for Responsive Politics.

“This used to be considered unacceptable, but it really is a growing phenomenon,” said Meredith McGehee, who lobbies for stricter lobbying and ethics regulations for the nonpartisan Campaign Legal Center. “The reality is that the money has gotten so big and so tempting these days, that I think a lot of these members are saying, ‘I don’t think I’ll go back into political office, first of all, and, the money is just too big to turn down.’”

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