Rep Scott Garrett now oversees House Committee that regulates Hedge Funds

Discussion in 'Politics' started by Modbert, Jan 6, 2011.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    Why is this important? Well, Scott Garrett from NJ is going be the Chairman of the Capital Market Subcommittee on Financial Services regulating Dodd-Frank financial reform including hedge funds.

    Source: Rachel Maddow Show

    Now, what makes this interesting is the following:

    Rep. Scott Garrett rakes in Wall St. cash - NorthJersey.com

    As the video talks about in more detail, Garrett got $195,000 in a couple weeks from a single hedge fund. 96% of the money he raised for that one committee came from this one hedge fund.

    Conclusion: Scott Garrett is clearly beholden to the hedge funds now, a group that he now oversees. Would you trust Scott Garrett to act in the American People's interests or the Hedge Fund managers interest?
     
  2. RetiredGySgt
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    RetiredGySgt Platinum Member

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    Did you complain about Dodd? Or Barney Frank? Didn't think so.
     
  3. Modbert
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    Modbert Daydream Believer Supporting Member

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    Actually, yes I have. However, your post is irrelevant because not only is it an attempt to make the thread about me but it deflects away from the OP. Instead of trying to name Democrats who have taken money from Wall Street (something I oppose entirely), why don't you respond to the original post?
     
  4. RetiredGySgt
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    RetiredGySgt Platinum Member

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    You liberals had no trouble with Numerous Senators and Congressmen taking money from sources that would equate, as here, if one is to believe it, to making them obliged to the people giving the money.

    All I care about is, WAS IT LEGAL? If so then you are trying to make something of nothing.
     
  5. Modbert
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    Modbert Daydream Believer Supporting Member

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    So you don't care if a Republican is taking money from lobbyists, but you do if Barney Frank and Frank Dodd are. What a hypocrite you are.
     
  6. RetiredGySgt
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    RetiredGySgt Platinum Member

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    Dodd took money ILLEGALLY. And there is rumors Frank did so also.

    Once again, did this Representative do ANYTHING illegal? If not you have no story.
     
  7. WillowTree
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    WillowTree Diamond Member

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    Dodd -Fwank Financial reform makes me fucking :lol::lol::lol::lol::cuckoo: demoncrats.
     
  8. Modbert
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    Modbert Daydream Believer Supporting Member

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    So you don't care if lobbyists and hedge funds on Wall Street are giving money to Republicans who are overseeing Wall Street? You can answer that with a simple yes or no.
     
  9. WillowTree
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    WillowTree Diamond Member

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    You are the hypocrite, you went all moralistic on me yesterday and gave the purveyors of pain on Cheney a hall pass. ASSwipe.
     
  10. Modbert
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    Modbert Daydream Believer Supporting Member

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    Nice non-answer Willow. :clap2:
     

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