Rep. Mark Sanford, our current and former congressman, is certainly reverting to his old habit of ignoring his constituents and the desires of the country. Here are some of the current reasons why:
1. He voted against money for the Highway Trust Fund and against a temporary patch for the fund that would have provided monies until May. Obviously he does not drive on our roads or cross the bridges.
2. He voted against the budget for oversite of the securities and banking system by the Security and Exchange Commission. Funding is needed to enforce the Dodd-Frank law, i.e. Volcker Rule that limits in-house trading, limits default swaps, cuts back reliance on credit rating firms, and creates new rules for municipal advisors. The reason for the rules is to protect the investing public.
3. He voted against a bill that would have restricted companies from re-incorporating in a foreign country and avoiding most U.S. corporate taxes. A few of the companies that have already re-incorporated or are in the process are Medtronics, Pfizer, Fruit of the Loom, Ingersoll-Rand and Stanley Tool.
Never miss a local story.
Sanford appears to favor corporate needs and his own agenda and to ignore the residents who voted for him.
Philip W. Wolfe