the staff of the Ridgewood blog
Ramsey NJ, Congressional Candidate Frank Pallotta (NJ-05) responded to opponent Nick De Gregorio’s ludicrous “divestment pledge”. “It’s embarrassing that someone with barely 36 months experience in the financial services industry, would have the gall, to come up with a solution that solves nothing except to prove that he has neither the knowledge nor the simplest understanding of an industry he claims to be a part of. His ridiculous pledge would “mandate” all seated and new congressional members to sell all of their stock holdings before taking office. The first public unveiling of his “pledge” at a Fort Lee Republican Club meeting last month, was met with bewilderment from the audience when it was made clear that his solution solved exactly nothing.
