On the private planes, Acela trains, and luxury automobiles that ferry high-ranking professionals back and forth between New York City and Washington, D.C., there are many passengers who understand that, were the details of their careers made public, they’d be disliked by both Tea Partiers and Occupy Wall Street protestors. Let’s imagine just one of these guys.
He’s worked on Pennsylvania Avenue and Wall Street. His current firm got bailout money, without which he wouldn’t have received the bonus that puts him in the top one percent of earners. The sum of the political contributions he’s made in his lifetime runs to six figures, and he wasn’t particularly fond of any of the pols to whom he donated. The value he’s added for his employers is his adeptness at gaming the system. He’s against any increase in taxes, but he wouldn’t mind new financial regulations so long as they afforded his firm a slight advantage over its competitors.