Monday, December 14th, 2009...1:58 pm
A Little Alarmism with Your Lunch
Jesse Kelly’s campaign sent out a press release entitled “Rep. Giffords voting record is a Threat to the Economy” criticizing Gabrielle Giffords for voting yes on two bills. One was a spending bill of the type that gets folks of Kelly’s political stripe exercised. Interestingly, in the release he claims that the bill is “pork-laden for special interest payoffs back home.” This is a fun little rhetorical flourish (complete with the tangential accusation of corruption) that will play well until folks find out that the bill also contained spending for both the Defense and Transportation Departments that our local economy is dependent on.
The real fun is his criticism of another bill, HR 4173:
Last Friday, Rep. Giffords voted for HR 4173, a bill that would give the government massive new powers over private companies that “threaten” the financial stability of the United States.
He leaves out what the bill actually does. It regulates trading of derivatives and executive compensation and creates the Consumer Financial Protection Agency which would regulate predatory mortgage lenders. Kelly is ideologically opposed to regulation, but he dare not get into specifics and say he is opposed to regulating the people who helped get us into this mess. He won’t admit that he doesn’t think the people that took billions in tax payer bailouts last year should be subjected to regulation.
Oh yeah…Giffords and the “Obama Liberals” (Giffords and Obama, such leftists) will do horrible things with the irresponsible new debt, as opposed to the clear thinking, responsible debt of the Bush years:
The irresponsible new debt will cause the dollar to weaken, inflation to rise, and the cost of everyday goods to increase.
Dollar to weaken, inflation to rise and prices will increase. He isn’t just redundant, but he repeats himself too.
15 Comments
December 14th, 2009 at 4:26 pm
I think the people who helped get us into this mess were the likes of Rep. Barney Frank and Sen. Chris Dodd. Frank was also the one who wrote the bill that Giffords just voted for.
Fannie Mae was not a private company in real terms. They and large banks were under a lot of pressure from Frank and his crew to make loans to people who would not have normally qualified. That is a big part of what go us into this mess.
December 14th, 2009 at 10:14 pm
Hilarious.
Kelly is a boilerplate devoid of original thought. His campaign will look and smell like an overused and worn out formula.
Giffords should thank the PolitoVerse if Kelly is her GOP opponent in the general election. We can expect more of the same, and imagine the debates.
I’ve heard Jonathon Paton has an itch, but have no clue if he will scratch.
December 14th, 2009 at 10:50 pm
Fran, dear, Fannie and Freddie did not initiate a single sub-prime loan. All of the bad loans came from PRIVATE lenders, and more than half of them would have qualified for traditional loans. Stop blaming poor people. It’s not their fault.
December 14th, 2009 at 11:45 pm
Also, of the twenty five biggest players, only one was subject to federal regulation.
December 15th, 2009 at 10:47 am
Donna, Fannie and Freddie bought sub-prime loans from from the originators. Then the originators went out and made more sub-prime loans because they know they could see them to Fannie and Freddie.
I did not know Sen. Dodd and Rep Frank. were poor people.
December 15th, 2009 at 12:33 pm
Let’s face fact … Rep. Giffords does not represent the constituency of her District, Congressional District #8. The word from most that I talk to (Even Democrats) is that anyone else can do better than she has. The general concensus is that “She must go!”
December 15th, 2009 at 1:42 pm
Del, I have to give you a little bit of credit for not going the “I’m a lifelong Democrat but…” route with that trolling but still, fail.
December 15th, 2009 at 2:08 pm
Let’s dissect your analysis for a moment. You say “He leaves out what the bill actually does. It regulates trading of derivatives and executive compensation and creates the Consumer Financial Protection Agency which would regulate predatory mortgage lenders.” That’s great, yet another government bureaucracy to consume our tax dollars. It truly must be the season of giving. You also say ” Kelly is ideologically opposed to regulation, but he dare not get into specifics and say he is opposed to regulating the people who helped get us into this mess. He won’t admit that he doesn’t think the people that took billions in tax payer bailouts last year should be subjected to regulation.” I can’t speak for Jesse, but I’m also running for Congress against Giffords and I will emphatically tell you that oxygen thief and disgrace to American politics Barney Frank is one of the reasons for our malaise and I would love to regulate him right the heck out of office. Many of these financial institutions are repaying the billions given them and I ABSOLUTELY oppose the federal government dictating to the private sector to whom they will loan money and just how much they can be compensated. Of course, they should never have been bailed out in the first place. Nevertheless, his magnificence, The One, will not be using the money repaid by these institutions to pay down our debt. Gabrielle Giffords, while I’m sure is a nice enough lady has voted for the bailouts, is a cinch for Cap and Trade and voted to fine and imprison Americans who don’t buy insurance. With friends like these……. Leftists? To quote a woman with more guts than any man or woman in the Democrat Party, “You betcha”
December 15th, 2009 at 6:59 pm
So much guts she quit half way through her term.
December 16th, 2009 at 12:23 pm
Please, Please! Do Not Nominate Jesse Kelly! I’m scarred to think of how effective his George W Bush routine will be in 2010. I repeat, please Republicans, do not give us Kelly.
December 16th, 2009 at 4:06 pm
Of course you all don’t want Jesse Kelly to be the GOP’s guy. That’s because he will crush Giffords and her “so-called” blue dog brand. Giffords is part of the problem and Kelly, who has stood against the Bush type Republicans, is the answer.
December 16th, 2009 at 6:08 pm
lots of mis-informed thoughts. Andy: free market, laizzes faire was awesome!!… in 1850. I would suggest you conduct more research on the results of pure free market economics in the Global-information age. Your lack of insight on the economic process is dangerous. I am by no means a socialist, but killing competition with colluded advantages destroys the economy. Sorry pal, I just don’t think you know what your talking about.
December 16th, 2009 at 6:18 pm
Lesson from last month’s special election in New York:
Polls right before the election showed Hoffman clearly ahead. Except that he had pledged to cut government support of Fort Drum, which Owens had pledged to work for more pork. Fort Drum is the area’s biggest employer.
The truth is, most people want and support federal dollars for their communities and want their members of congress to procure their share (or more than their share, if they can get it.) Members of congress who are really good at procuring pork generally stay there until retirement, scandal or death removes them from office.
December 16th, 2009 at 7:39 pm
Pretty much, not everyone has Jeff Flake’s district where you can get away with not bringing any pork home.
December 17th, 2009 at 12:34 am
Gosh Jonathan, you got me! Go ahead you wily feller, give us Kelly. Although I must confess, your post made no sense whatsoever until I reread it to myself with an “Ahnold Swartzenegger” accent.