"How David Brat Turned Eric Cantor's Fundraising Advantage Against Him"

How David Brat Turned Eric Cantor's Fundraising Advantage Against Him

by Paul Blumenthal at the Huffington Post

http://www.huffingtonpost.com/2014/06/11/david-brat-fundraising_n_5485047.html?utm_hp_ref=politics

"SNIP......................

The Stop Trading on Congressional Knowledge Act, passed in 2012 following an investigative report, was supposed to require regular public disclosure of all stock trades made by congressional lawmakers and their families. But the House version of the legislation, written by Cantor's office, removed family members from reporting rules and stripped out disclosure requirements for political intelligence firms, much to the chagrin of original bill sponsor Rep. Louise Slaughter (D-N.Y.).
...

"He is the money guy in the Congress," Brat said in May, as he explained how Cantor had inherited the role previously occupied by disgraced former House Majority Leader Tom DeLay (R-Texas). "Number one, right?"

The top donors to Cantor's campaign were employees of the giant private equity and investment banking firm Blackstone and the investment bank Goldman Sachs. That became one of Brat's punchlines.

"All the investment banks up in New York and D.C., whatever, those guys should have gone to jail. Instead of going to jail, where'd they go? They went on to Eric's Rolodex," Brat said to an eruption of loud laughter in Mechanicsville. "And that's where they all are and they're sending him big checks."



.....................SNIP"