Ridgewood NJ , Scott Garrett (R-5th Dist.) now faces scrutiny over his “reported comments” that he was not contributing to the House Republicans’ fundraising arm because it backed gay candidates and “Democrats think he is more vulnerable and he might be more vulnerable, but we don’t have empirical evidence that he is more vulnerable.”
https://www.nj.com/politics/index.ssf/2015/08/will_voters_remember_nj_rep_scott_garretts_comments_next_fall.html
Since this is revelation of “reported comments” , some say leaked by DC establishment republicans during the Speaker John Boehner feud who were uncomfortable with a real Republican chairing a powerful financial services subcommittee watched closely by the industry and filled with lucrative donors .
The New Jersey media who works hand in hand with the states Democratic party has been filled with Garrett donor defection stories .
So now the hated “Wall Street” has suddenly been elevated to the moral arbitrator of all things , despite heavy donations to the Clinton Campaign with its dubious ties to serial women abuser and accused rapist ex- President Bill Clinton as well as its ties to Twitter would be porn star ex Congressmen Anthony Weiner .
At a September possible Democratic candidate Gottheimer fundraiser that came less than a week after James Cicconi, the RINO Republican head of external affairs at AT&T Inc., and JPMorgan Chase & Co.’s Peter Scher hosted another one for the Democrat.Attendees included executives from Blackstone, Comcast, Verizon, McGraw Hill, U.S. Telecom Association, Tribune Media, United Health, Ogilvy & Mather, Raben Group and Akin Group. The invitation for the event had said it was “an excellent opportunity to oust one of the most conservative members of the House of Representatives.”
Bloomberg News, which was the first to report plans for the Cicconi fundraiser, said some business executives had already been growing tired of Garrett. They were apparently bothered by his vote against big spending former Speaker John Boehner,and were troubled that he has opposed the crony driven , taxpayer funded corporate welfare, Export-Import Bank.
Garrett has said about the Ex-Im bank, “It’s hard to imagine anything more unfair and un-American than having the government financially support mega-corporations at the expense of small businesses and American workers. But that is exactly what has been happening, and it will continue to happen if we don’t let the Export-Import Bank expire next month. It rewards those with close relationships with Washington bureaucrats and makes victims of startups that dare to compete against them—literally picking winners and losers in our economy.
“Ex-Im has transformed the role of government from a disinterested referee that guarantees a free and open marketplace into a biased actor that tilts the scales in favor of its friends in businesses. We have the opportunity to save capitalism from cronyism and to fulfill a promise to the American people to work for them instead of a select few with special connections in Washington. For the sake of the American taxpayer and the preservation of the free enterprise system, Congress should put the Export-Import Bank out of business.”
Garrett has also made enemies by his unrelenting disapproval of Dodd-Frank which has codified the disastrous “too big to fail” policy and mega Wall Street bail outs . “Garrett says , “the Dodd-Frank Act has stifled economic growth, made it more difficult for Main Street businesses to obtain credit, and increased the likelihood that taxpayers will be on the hook for additional Wall Street bailouts. Most importantly, this law has and has made it harder for Americans to find a job, buy a home, and save money for their family’s future. ” Garrett went on , “Despite creating new bureaucracies that have imposed thousands of pages of rigid, invasive, and unworkable regulations, Dodd-Frank did nothing to reform the mortgage giants Fannie Mae and Freddie Mac, whose actions caused the 2008 financial crisis.”
The Democrats great hope is Joshua S. Gottheimer ,so who really is Joshua S. Gottheimer . Gottheimer was (born c. 1975) is an American lawyer, speechwriter, and public policy adviser. He has been active within the Democratic Party as a speechwriter for Bill Clinton and an advisor for the presidential campaigns of Wesley Clark, John Kerry, and Hillary Clinton. He has also worked for Burson-Marsteller, the Federal Communications Commission, Ford Motor Company, and Microsoft. He is currently running for the United States House of Representatives in New Jersey’s 5th congressional district. (https://en.wikipedia.org/wiki/Josh_Gottheimer )
So Mr Gottheimer is another PR person like Ridgewood Mayor Paul Aronsohn not sure many residents will share any enthusiasm given the bad taste the Jim Mac Greevey mouth piece has left in Ridgewood .Gottheimer it seems is funded by Big Government ,pro Wall Street bailouts, pro-corporate welfare , pro-crony types looking to remove the last impediment to getting their hands on more tax payer money.
Scott Garrett at Fed Chair Yellen testimony
Rep Scott Garrett Marks the Fourth Anniversary of Dodd-Frank reminding us of the burden it puts on American taxpayers for endless Wall Street bailouts.
Jul 21, 2014
WASHINGTON, D.C. – Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued the following statement today to mark the four year anniversary of the Dodd-Frank Act:
“It’s been four years since President Obama signed Dodd-Frank into law and our economy’s anemic growth since that time is just one example of why it is ineffective. In addition to holding back the economy, Dodd-Frank also puts unsuspecting American taxpayers on the hook for endless Wall Street bailouts. The sad news is that the consequences of this heavy-handed law continue to creep into every U.S. industry. Now more than ever, we need solutions that address the real issues behind the 2008 financial collapse, protect taxpayers, and ensure that the U.S. continues to have the most robust capital markets in the world.”