Thursday, March 19, 2009

Jim Tedisco Aims for NY Congressional Seat

Jim Tedisco (R) is battling it out with Scott Murphy (D) for the seat vacated by Sen. Kirsten Gillibrand (D).

He's aiming to harness populist anger over the absurd bonuses ladled out to AIG exectutives. These generous bonuses come straight out of the taxpayer bailout trough. Why these executives should be rewarded for being such unpolished losers boils down to fine print in their contracts.

How much of your tax money have the AIG porkers consumed? Hold on to your hat; the bill comes out to around $170 billion. The bonuses alone account for over $400 million of that sum. Not bad work if you can get it.
Angie's List!
One Tedisco YouTube ad points out that Murphy supported the AIG-type bailout bonuses. Murph feins innocence, insisting he supported the bailout but can't be faulted since he didn't read it. Pretty lame, Murph.

I love it when the public supports individuals that can think for themselves. And know how to tie their shoes. Yeah, that's a qualifier too.

Of course, now that he sees that misspending tax money actually bothers voters (imagine that!), he's changed his tune, saying, “One of the first things I’ll do in Congress is block federal bailout beneficiaries like AIG from abusing our taxpayer dollars to pay lavish bonuses, plain and simple. Throughout my career of investing in small businesses, I have regularly placed caps on executive compensation, which is why I am renewing my call to do everything possible to block AIG and others from abusing taxpayer dollars for excessive bonuses on Wall Street.”

Mitt Romney has endorsed Tedisco and Nancy Pelosi is in Murphy's corner. Both endorsers are heavy hitters and the battle is heating up. How important is this election? Very.

Things in Washington under the taskmasters of Obama, Pelosi, and Barney are a partisan as they've ever been and they're spending your money like drunken sailors. We need some balance.


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