Political Quotes

“I will tell my colleagues, read this article, read it and understand that there is a changing ethos and a changing standard at some of these major corporations; that the pursuit of profit has led this man who was one of the stars on the horizon in this industry to pick up and leave one of the largest firms in America. It is also an indication of why we need to continue our vigilance over this industry to make certain that the right market forces prevail. Crowd- funding, where they try to get a lot of small investors in a hurry, brings organized fleecing to the Internet, letting the next generation of Ponzi players go viral. Let's call this crowdfunding for what it is. It is Internet gambling, and the odds will never favor the investor. When these wired Willy Lomans are finished exploiting the unsuspecting investors out of their savings, their retirements and their homes, guess what will happen. Congress will be called on again to come in with a reform bill to clean up the mess and repeal this pitiful package until the next wave of deregulation is called for by those who are inspiring this piece of legislation. I know who ends up holding the bag when the deregulators have their day. I know who ends up losing when we open the so-called market forces without oversight transparency.…”