{"id":531,"date":"2010-05-25T01:38:21","date_gmt":"2010-05-25T07:38:21","guid":{"rendered":"http:\/\/ishmaels.net\/blog\/?p=531"},"modified":"2010-05-25T01:38:21","modified_gmt":"2010-05-25T07:38:21","slug":"damn-what-next","status":"publish","type":"post","link":"https:\/\/www.ishmaels.net\/blog\/2010\/05\/25\/damn-what-next\/","title":{"rendered":"Damn what next?"},"content":{"rendered":"<p>If the <strong class='StrictlyAutoTagBold'>financial<\/strong> oversight legislation isn&#8217;t <strong class='StrictlyAutoTagBold'>going<\/strong> to actually oversee <strong class='StrictlyAutoTagBold'>financial<\/strong> companies, why does it exist? To attract campaign contributions, of course&#8230; According to an analysis by Citizens for Responsibility and Ethics in Washington (a nonpartisan group), 14 congressional &#8220;freshmen&#8221; serving on the House Financial Services Committee raised 56% more in campaign contributions than other freshmen. And most freshmen on the panel are currently in re-election battles.<\/p>\n<p>&#8220;It&#8217;s definitely not accidental,&#8221; said Melanie Sloan, the director of the ethics group. &#8220;It appears that Congressional leaders are deliberately placing vulnerable freshmen on the Financial Services Committee to increase their ability to raise money.&#8221; One representative on the Financial Services Committee, John Adler (D-NJ), is an unknown freshman in <strong class='StrictlyAutoTagBold'>Congress<\/strong>. But he raised more than $2 million for his re-election, the most of any freshman. Coincidentally, investment firms and insurers were his largest contributors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If the financial oversight legislation isn&#8217;t going to actually oversee financial companies, why does it exist? To attract campaign contributions, of course&#8230; According to an analysis by Citizens for Responsibility and Ethics in Washington (a nonpartisan group), 14 congressional &#8220;freshmen&#8221; serving on the House Financial Services Committee raised 56% more in campaign contributions than other freshmen. And most freshmen on the panel are currently in re-election battles.<\/p>\n<p>&#8220;It&#8217;s definitely not accidental,&#8221; said Melanie Sloan, the director of the ethics group. &#8220;It appears that Congressional leaders are deliberately placing vulnerable freshmen on the Financial Services Committee to increase their ability to raise money.&#8221; One representative on the Financial Services Committee, John Adler (D-NJ), is an unknown freshman in Congress. But he raised more than $2 million <\/p>\n<p><a href=\"https:\/\/www.ishmaels.net\/blog\/2010\/05\/25\/damn-what-next\/\">&#8220;And Now the Rest of the Story &#8211; &#8220;Damn what next?<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[25],"class_list":["post-531","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-aprs","odd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Damn what next? - And That was How it Went<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ishmaels.net\/blog\/2010\/05\/25\/damn-what-next\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damn what next? - And That was How it Went\" \/>\n<meta property=\"og:description\" content=\"If the financial oversight legislation isn&#8217;t going to actually oversee financial companies, why does it exist? To attract campaign contributions, of course&#8230; According to an analysis by Citizens for Responsibility and Ethics in Washington (a nonpartisan group), 14 congressional &#8220;freshmen&#8221; serving on the House Financial Services Committee raised 56% more in campaign contributions than other freshmen. And most freshmen on the panel are currently in re-election battles. &#8220;It&#8217;s definitely not accidental,&#8221; said Melanie Sloan, the director of the ethics group. &#8220;It appears that Congressional leaders are deliberately placing vulnerable freshmen on the Financial Services Committee to increase their ability to raise money.&#8221; One representative on the Financial Services Committee, John Adler (D-NJ), is an unknown freshman in Congress. 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| PeterLBrandt","author":"wd0ajg","date":"October 5, 2013","format":false,"excerpt":"via PeterLBrandt http:\/\/peterlbrandt.com\/proposed-congressional-reform-act-2013\/","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9299,"url":"https:\/\/www.ishmaels.net\/blog\/2011\/12\/23\/high-dividends-potentials-for-more-study\/","url_meta":{"origin":531,"position":4},"title":"High Dividends potentials for more study","author":"wd0ajg","date":"December 23, 2011","format":false,"excerpt":"Below a list of high dividend stocks with the highest dividend yields in their sectors. All companies have at least $10 billion market cap and over 4% dividend yield, and are among the top two in their sectors in terms of dividend yields. The market data is sourced from Finviz.\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12873,"url":"https:\/\/www.ishmaels.net\/blog\/2012\/10\/13\/transformers\/","url_meta":{"origin":531,"position":5},"title":"Transformers?","author":"wd0ajg","date":"October 13, 2012","format":false,"excerpt":"Well, I have not been doing a whole lot, although I have been damn busy all week.\u00a0 A list of the things I have done.. 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