Posts Tagged ‘craig holman’
Craig Holman: Inauguration Political Favors
on Sunday, November 19, 2017Craig Holman Money Quote saying nobody knows where the $107 Million raised for Trump’s political Inauguration went and there are no regulations around how money is raised or spent on inaugural events. Craig Holman said:
“Trump has driven home the points that inaugurations are a huge loophole in which corporate interests can buy political favors, and that we need to start regulating spending and having complete disclosure surrounding these events” — Craig Holman
This quote is referring to the large corporate donations that funded Donald Trump’s inauguration events in 2017. Craig Holman, a government affairs lobbyist, is arguing that these donations represented a “loophole” through which big business interests could curry political favor with the new administration by making large contributions. He suggests that inaugurations have become a way for corporate donors to essentially “buy” access and influence.
The quote calls for stronger regulations around spending for presidential inaugurations, as well as full transparency regarding donors. Holman believes these changes are necessary to curb the potential for pay-to-play politics and corruption that results from wealthy special interests being able to anonymously funnel large sums to new administrations via inaugural funding.
Craig Holman on Congressional Investment Returns
on Tuesday, September 2, 2014Craig Holman Money Quotation suggesting members of congress could be getting higher returns on investments due to insider information from corporate lobbyists. Craig Holman said:
“Congressional stock holders have a greater return on investment than the average American, Either they are geniuses on the stock market or they know something that we don’t. I suspect the latter” — Craig Holman
In this quote, Craig Holman is raising questions about congressional members’ stock trading performance compared to average investors. He notes that congressmembers seem to get higher returns than most, which could either be because they are extremely skilled stock pickers, or more likely because “they know something that we don’t” – implying they may have access to insider information not available to the public that helps them make profitable trades.
By saying he “suspects the latter”, Holman is suggesting congressional stock trading raises ethics concerns, as members of Congress could potentially benefit financially from insider knowledge gained through their legislative and oversight roles. The overall interpretation is that the quote is casting doubt on whether congressional stock performance is truly legitimate or hints at possible insider trading.