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In a Media Coordinated Push Bergen Democrats Attack Garret over Oath Keepers, but Fail to Distance themselves from Financial ties to Middle East Terror Supporting Nations


“This article is desperate and ridiculous at best. Rather than attack Scott Garrett for attending a meet and great with constituents at a diner in River Edge why won’t my democratic colleagues condemn and demand the return of tens of millions of dollars received by the Clinton Foundation from countries which promote awful human rights violations against women and gay people such as Saudi Arabia, Qatar and United Arab Emirates.”
Assemblywomen Holly Schepisi 39th District

Weinberg Calls on AG to Investigate Garrett’s Ties to Domestic Terror Organization

By Max Pizarro • 10/11/16 1:36pm

Democrats smell blood in the 5th Congressional district, where GOP discombobulation has incumbent U.S. Rep. Scott Garrett (R-Wantage) blowing the whistle on Republican presidential nominee Donald Trump and seeking to harden his own brand.

That’s a troublesome brand in its own right, according to Senate Majority leader Loretta Weinberg (D-Bergen), who today demanded that Governor Chris Christie denounce Garrett for his ties to the domestic terror organization, the Oath Keepers.

Weinberg, moreover, also called on New Jersey Attorney General Christopher Porrino to conduct an investigation into whether Garrett violated New Jersey law.

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Rep Scott Garret’s Bipartisian JOBS Act spurs business formation and jobs

House Budget Panel Holds Hearing to Receive  Views on Fiscal 2012
April 15,2016
the staff of the Ridgewood blog

Chairman Scott Garrett Opening Statement for Hearing Entitled

“The JOBS Act at Four: Examining Its Impact and Proposals to Further Enhance Capital Formation”

WASHINGTON, D.C. – Capital Markets and Government-Sponsored Enterprises Subcommittee Chairman Scott Garrett (NJ-05), delivered the following remarks at a hearing entitled “The JOBS Act at Four: Examining Its Impact and Proposals to Further Enhance Capital Formation”:

Congressman Scott Garrett’s opening remarks as prepared for delivery:

It’s not very often that Congress can look back at a major piece of legislation and be able to measure the tangible, positive impact it is having on peoples’ lives and on our economy

Too often, we find ourselves – particularly on this Committee – counting up the costs of misguided Washington mandates and comparing them with the phantom benefits promised by the bureaucratic class

Fortunately, that is not the case today

The Jumpstart our Business Startups – or “JOBS” Act – signed into law four years ago this month has by most measures been a resounding success for our economy and the future of innovation in America

The JOBS Act did this not by creating new federal mandates or spending taxpayer money on wasteful programs, but by empowering entrepreneurs and innovators who were struggling under a regulatory regime that was better suited for 1934 than it was for 2016

Just consider some of the following:

·        The JOBS Act has led to a resurgence in the initial public offering (IPO) market, with some 85% of IPO’s since April 2012 coming from emerging growth companies

·        Companies have raised some $50 billion under the new Reg D provision that allows business to solicit an offering to the general public

·        While the newly modernized “Reg A+” is only a year old, business are already beginning to issue securities under this exemption

·        And recent reports indicate that the SEC has already received up to 30 applications for portals under the new crowdfunding rules, which are set to go live next month

So while it’s clear that many parts of the JOBS Act are working as intended, the point of this hearing is not to pat ourselves on the back and say “job well done”

For starters, because the Senate tried its best back in 2012 to neuter the crowdfunding title and the SEC has taken some liberties with other rulemakings, the JOBS Act needs some “fixing”

So I want to thank the gentleman from North Carolina, Mr. McHenry, for putting forward the “Fix Crowdfunding Act” which makes some necessary changes to help ensure Title III reaches its full potential

Additionally, I have put forward a bill – the Private Placement Improvement Act – that will prohibit the SEC from implementing burdensome new rules for Reg D issuers that were uncalled for by the JOBS Act

We’ll also consider two other bills today

Mr. Emmer has introduced an innovative bill that would create a safe harbor for so-called “micro offerings”, and Mr. McHenry has another bill which would raise the threshold for when venture capital funds would have to register with the SEC

In addition to these targeted fixes, I’m also interested in hearing from our witnesses about further areas that Congress should be addressing in order to maintain the competitiveness of our capital markets

For example, we should be exploring the cumulative burdens that come with being a public company – including, unfortunately, some of the ridiculous disclosure requirements of Dodd-Frank as well as the outsized influence that proxy advisory firms have in the corporate governance arena

It’s also time to think more about the lack of research and liquidity that exists for certain public companies, and whether the equity research Global Settlement of 2003 swung the pendulum too far and has led to a dearth of research for small cap stocks

These are all important questions, and I look forward to hearing from our witnesses today.

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Rep. Scott Garret Leads Formal Call on Obama to Address Extradition of cop-killer Joanne Chesimard and terrorist William Morales


file photo of Joanne Chesimard

Feb 26, 2016
the staff of the Ridgewood blog

Ridgewood NJ,  Rep. Scott Garrett (NJ-05) today formally called upon President Obama to request the extradition of cop-killer Joanne Chesimard and terrorist William Morales during his upcoming visit to Cuba. These murderous fugitives have been living freely in Cuba and were granted protection by the Castro regime who has refused to extradite them. To date, the Obama Administration has not addressed the extradition of these convicted murderers as a condition of normalizing relations with Cuba and the Castro regime. Garrett was joined on the letter by Rep. Peter King (NY-02) and Rep. Leonard Lance (NJ-07).

“Over a year ago, your administration announced the reopening of diplomatic channels with Cuba,” said the Congressmen in the letter. “Since then, your administration has continued to take steps towards normalizing relations by relaxing trade restrictions, reopening embassies, and re-establishing scheduled air services. On February 18th your administration announced your trip this March to Cuba citing the significant progress made by normalizing relations. However, we fail to see any progress in extraditing the fugitives like Joanne Chesimard and William Morales, nor any improvement in the treatment of the Cuban people by their government.”

Murderers Living Freely in Cuba:

Joanne Chesimard, also known as Assata Shakur, was convicted of murder of a law enforcement officer, and sentenced to life in prison in 1977. In 1973, New Jersey State Troopers Werner Foerster and James Harper made a routine traffic stop on the New Jersey Turnpike. When the troopers asked the vehicle’s driver to exit the car, one of the passengers, Joanne Chesimard, pulled out a gun and began shooting. During the ensuing firefight, Foerster was hit twice in the chest and Harper once in the shoulder. The injured Foerster was then shot twice in the head—execution style—with his own sidearm.

William Morales was sentenced to ninety-nine years in prison for his participation in the terrorist organization Fuerzas Armadas de Liberaciόn Nacional Puertorriqueña (FALN). William Morales was a chief bomb maker for FALN, and he was linked to the 1975 bombing of Fraunces Tavern in New York City, an attack that killed four people and injured sixty others