“More and more of business needs a nod from Washington D.C. for its operations. If you don’t have a D.C. insider, you are not protected. KKR, in the hiring of David Petraeus, just bought itself major protection. Big business is building a moat around itself, using government regulators to keep out competition. It will get tougher and tougher for new businesses to launch with just grit and a great idea, when big business is hiring DC insiders who have the power to snuff out new operators. This is one of the reasons there are fewer exciting jobs for new college graduates. They are often hired by upstarts, the type big business is doing a pretty good job of snuffing out.”
http://www.economicpolicyjournal.com/2013/05/why-did-kkr-hire-four-star-general-for.html
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