Erstwhile free-market populist Pawlenty gets sucked into ‘the royal triangle greed’

BY: Timothy P. Carney September 20, 2012 | 12:00 am

Former Minnesota Gov. Tim Pawlenty as a presidential candidate threw barbs at “the royal triangle of greed: Big Government, Big Unions, and Big Bailed-out businesses.”

Well, now Pawlenty has become royalty himself, it seems. He’s quitting Romney’s campaign to take the helm of the Financial Services Roundtable, a downtown DC lobbying operation representing such “Big Bailed-Out Businesses as “Bank of America, Citigroup, JP Morgan, Wells Fargo, and General Electric.”

Pawlenty defined himself during his brief presidential run as the closest thing a free-market populist in the field. He went to Iowa and critiqued ethanol subsidies, he lumped bailed-out businesses in with big government as an evil. He said things like “There’s a bunch of people running the country all these years from Harvard and Yale and Wall Street. You know, they screwed it up.”

But now he’s a bank lobbyist.

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Timothy P. Carney

Senior Political Columnist

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