The revolving door between politics and big money business

Evan Bayh walks through the revolving door

In 2010, Sen. Evan Bayh retired. Part of the reason, he told me, was that the corrosive effect of money in politics had left his profession looking corrupt. "You want to be engaged in an honorable line of work," Bayh said, "but they look at us like we're worse than used-car salesmen."

On Friday, Bayh announced that he was joining Apollo Global Management, a private-equity megafirm, as "a senior adviser with responsibility for public policy." Something tells me that this isn't going to vastly improve the way Americans think about their politicians.