Shays, servant of the powerful

Via Clusterstock, the Wall Street Journal reports on one of CIT's maneuvers attempting to get themselves a bailout:

CIT had been trying for months to improve its connections in Washington. It spent close to $90,000 last year on lobbying, and $60,000 in the first quarter of 2009. It brought onto its board of directors former Congressman Christopher Shays, a Connecticut Republican.

Yes, that's Chris Shays, of Shays-Meehan fame, or legally speaking, the Bipartisan Campaign Reform Act. You know, the one that masqueraded as a way to keep money out of politics? The one that actually served the interests of the ruling class while a whole army of useful idiots pontificated about democracy?