things that make you go hmmmmm... 6) “All P
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6) “All Politics Are Local” -Tip O’Neil
In 2005-2006 Jonathan and I worked to get the State of Utah legislature to pass the requisite legislation that would govern any brokers in Utah. All the major New York banks have operations in Utah: thus, it would have been a back-door way to get the issue solved for the entire country. It was sponsored by Utah State Senator Curt Bramble, and signed that evening by Governor Huntsman.
In one three day period, Governor Huntsmen went from having publicly signed the bill hours after it passed and taking credit at a press conference for having fixed the US capital markets…. to deciding with no notice or explanation to delay implementation of the bill for one year. How odd.
The task of killing the bill was given to the chief real estate lobbyist in Utah: Greg Something-or-Other.
Senator Curt Bramble had been the sponsor of the Utah bill that was passed. In the months he was not a legislator, Senator Bramble is a tax accountant.
In the following 6 months, three large real estate developers in Nevada and Utah shifted their tax accounting business to Bramble.
Bramble showed up for the legislative session that began a few months later, and sponsored a midnight no-notice no-committee session to overturn the very bill he had gotten passed the previous year. How odd.
Patrick Byrne OSTK