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| Where’s Dent on Wall Street Bailout? |
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ALLENTOWN – On the heels of Congressional hearings about a proposed $700 billion bail out of the failed Bush-Dent economic policies, OpenSecrets, a non-partisan campaign finance watchdog, released an analysis of where the very people responsible for the meltdown spend their money.
“For the last eight days, the foundations of our economy has been shaken, and Republican Charles Dent hasn’t even issued a statement,” says Bennett Communications Director Gary Ritterstein. “And now, we find out that he takes over $600,000 dollars from the very people that are responsible. I guess he wouldn’t want to put those campaign contributions at risk.”
Banks that were “too big to fail” now have lobbyists desperately trying to shape fast-moving legislation to their clients’ benefit. Dent has taken $643,009 from the industry and has been silent on the issue.
“We need reasonable reforms to make sure this never happens again,” says Bennett. “But no more blank checks for the Bush Administration. No more multimillion-dollar parting gifts for top executives. We need much more oversight, we need to help keep people in their homes, and we need to help taxpayers protect their retirement savings. The future of our jobs and our continued economic security is at stake.”
Background:
Dent takes $643,009 Money and Votes Aligned in Congress’s Last Debate Over Bank Regulation, Massie Ritsch, 9/23/08 [http://www.opensecrets.org/news/2008/09/money-and-votes-aligned-in-con.html] No Releases from Dent’s campaign or house website as of 9/23/08 at 5:30 pm [http://www.dentforcongress.com/index.php/press/index.php; http://dent.house.gov/PressReleases.aspx] |