Luv Gov Debuts as Financial Columnist
Eliot Spitzer reinvents himself as Slate columnist
By MICHAEL CLANCY
Updated 9:11 AM EST, Thu, Dec 4, 2008
Financial advice from disgraced Governor Eliot Spitzer?
First rule: Don't pay for prostitutes with wire transfers. The feds always follow the money.
The "Luv Gov," Client No. 9, old black socks himself -- call him what you will -- is back.
Out of the spotlight since his dalliances with call girl Ashley Dupre caused his fall from grace, the former governor has reinvented himself as a financial columnist for Slate.
His debut column "The Best Policy" is a wonky affair, probing the financial crisis and the federal bailout.
"What are we getting for the trillions of dollars in rescue funds?," Spitzer asks. " If we are merely extending a fatally flawed status quo, we should invest those dollars elsewhere."
The former "Sheriff of Wall Street" knows a thing or two about the economics, and makes a call for the return of free markets: "This means true competition with winners and losers; companies that disappear; shareholders and CEOs who can lose as well as win; and government investment in the long-range competitiveness of our nation, not in a failed business model of financial concentration and failed risk management that holds nobody accountable."
Slate's editor Jacob Weisberg said he approached Spitzer about a regular gig after reading his Op-Ed in the Washington Post. Weisberg told the Daily News that he's not concerned about Spitzer's checkered past.
"I don't think it's relevant for what he's doing for us," Weisberg told The News. "He's going to be a very strong voice on these issues."
Still when Spitzer starts spouting off on policy, it's kinda hard not to imagine it as post-coital pillow talk: some black-socked dude rambling on about markets as a prostitute feigns interest while daydreaming about her soon-to-be-made music video.
First Published: Dec 4, 2008 8:17 AM EST
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