If you're wondering just how taken for granted such arrangements are in today's Washington/ Versailles, here's a data point. The Washington Post, still aspiring to be official journal of politics, has not published a single story about Orszag's new job.
His taking this job is not merely not corrupt. It's not even worth noticing.
It's interesting, as well, that Fallows makes a dirty fucking hippie reference to "Washington/Versailles." Closing the circle, Digby had some fun with thematic mapping yesterday, illustrating the effect.