Unwelcome, but unsurprising, news:
President Obama on Wednesday will nominate Tom Wheeler, a former telecom industry lobbyist, to head the Federal Communications Commission (FCC), a White House official confirmed to The Hill...
Wheeler served as the president of the National Cable and Telecommunications Association, the lobbying organization for the cable industry, from 1979 to 1984. Later, he led CTIA, the lobbying arm for cellphone carriers and also worked as a venture capitalist...
If confirmed as chairman, Wheeler will oversee the FCC's plan to encourage TV stations to give up their airwave licenses for auction to cellphone carriers, which have struggled to keep pace with the booming demand for mobile data.
Source:
The Hill
No comment really. It speaks for itself. A well-connected guy who gets rich as a lobbyist/industry hack (though he's now a venture capitalist) donates a boatload of money to the election fund as a bundler, gets a "public service" job "regulating" the very industry he previously lobbied for. Pretty straightforward soft corruption of our government.
Maybe someone should make a rule about this sort of thing...