Election Central | Talking Points Memo | One Reason For Lott To Resign: He Can Start Lobbying Faster

One Reason For Lott To Resign: He Can Start Lobbying Faster

By Greg Sargent - November 26, 2007, 9:35AM

So why is Trent Lott resigning now? MSNBC says it's all about the money:

While the exactly reason Lott is stepping down before he finishes his term is unknown, the general speculation is that a quick departure immunizes Lott against tougher restrictions in a new lobbying law that takes effect at the end of the year. That law would require Senators to wait two-years before entering the lucrative world of lobbying Congress.

So by stepping down now he can get into the lobbying racket that much quicker, rather than having to wait a whole two years before selling his governmental connections to the highest bidders. Makes sense to us.

Comments (169)

Daniel wrote on November 26, 2007 10:24 AM:

Wait, this means that there would be a special election next year or not?! This is completely insane!

Check out these race-by-race Senate rankings to see just how much trouble the GOP is in already. The last thing they want is to defend a seat that was not even on the list!

oi wrote on November 26, 2007 6:15 PM:

MSNBC says "it's all about the money"

Correction MSNBC *said* is is all about the money, that was of course fixed after a TPM mention. quote: "updated 12:12 p.m. ET Nov. 26, 2007"

You guys do realize you are the ones directing the parties central shredding operations right? You guys decide which mails get lost and which get passed to Waxman.

Did you think their opposition research folk wasn`t to emotionally invested to do preventive research along with the lawyers that have taken over desk after desk from fleeing white house staff?

All muck they can find is babies black enough to be called illegitimate or war stories brave enough to be called lies. And with most criticisms coming from the baker/41-crowd you can be sure that the Iran/contra level dirt will stay buried until the impeachment cloud has passed.

Danno wrote on November 26, 2007 10:11 PM:

Can still find the "general speculation" comment [url=http://firstread.msnbc.msn.com/archive/2007/11/26/480335.aspx]here[/url].

unpoetaloco wrote on November 27, 2007 12:00 AM:

Or is he resigning because he's the Republican senator about whom Larry Flint promised to have a "bombshell" announcement, namely that Lott has used the services of a high-profile gay escort whose nom de boudoir is Benjamin Nicholas?

vidstudent wrote on November 27, 2007 12:25 AM:

http://bigheaddc.com/2007/11/26/trent-lott-fallout-the-gay-escort-who-knew-too-much/

If Big Head DC is correct, the answer would be yes, unpoetaloco. A very firm, Idaho-like yes.

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