Posted on 06/12/2002 9:58:45 AM PDT by Jean S
In a desperate attempt to divert attention from his $23.6 billion deficit, Gray Davis launched a false television ad against Bill Simon this week. The ad accuses Simon of mismanaging a savings and loan in the early 1990s at a cost to taxpayers of some $90 million dollars.
Now, squandering $90 million dollars in taxpayer funds is a good day for Gray Davis. But his charge against Simon isn't even true. Davis manages to package into his 30-second television ad a great deal of deception.
"Bill Simon inherited a fortune, but how has he managed on his own?" says the ad. "When he directed a savings and loan, the thrift made bad loans, went belly-up, and was seized by the federal government. Simon's mismanagement cost depositors millions -- and the bailout for his mistakes cost taxpayers $90 million more. On top of it all, now Simon is suing the government -- asking taxpayers to pay him back his investment. Bill Simon: If he can't run an S&L, how can he run California?"
Lie number one is that Bill Simon directed the S&L. He didn't. Western Federal Savings and Loan belonged to Simon's father. Simon sat on the thrift's board as a monitor for his father, but he didn't "run" it.
Nor does Davis include another key piece of information: the federal government, not William Simon Sr., may have cost taxpayers some $90 million by rashly seizing the savings and loan before he could turn it around. The Sacramento Bee reports that the U.S. Supreme Court "ruled in a precedent-setting decision in 1996 that Congress had changed the rules regarding savings and loan associations in the middle of the game. In March, the U.S. Court of Claims ruled that there had been a specific breach of contract in the Western Federal case."
"The Simons maintained that they could have made a success of the business were it not for the federal law change, and are among a group of creditors suing the federal government for breach of contract on those grounds," reports the Bee.
Davis's ad appears to be a stretch even by standards of modern political advertising. His grasping at straws reveals a deep vein of defensiveness: Unable to explain his own mismanagement -- he inherited a swelling surplus and then proceeded to spend through it like a drunken sailor -- he feels the need to fake up a record of mismanagement for his opponent.
"He's out there every day accusing the governor of gross mismanagement," Davis adviser Garry South pouted defensively to the Los Angeles Times. "We think it was high time that he had to answer for some of his own mismanagement in the private sector."
The thin gruel served up in this week's attack ad isn't likely to appease angry Californians. They see a govenor who has wasted not millions, but billions. While the state's budget cratered, Davis was busy stuffing his pockets with campaign money from companies like Oracle that benefited from unnecessary state business.
These companies were not giving Davis money because of his charming personality. They knew from the start that his administration was for sale. The coin-operated governor, as some now call him, could not have made this plainer had he installed a toll booth at the entrance to his office in the state capitol. The California Teachers Association -- no friend to Simon -- has publicly denounced Davis for his crass request of a million dollars during the middle of a "policy" meeting at the state capitol.
Cheap shots at his opponent will not conceal this corruption. The failure of a savings and loan that Simon didn't even run is of little interest to Californians, who still haven't heard an explanation for the failures of Davis's state government.
George Neumayr is a frequent contributor to the California Political Review.
I hope you are keeping an ARCHIVE on your neat comments!
That makes two of us. Tried to set it up on the index weeks
ago, but the site was being re-engineered. Will keep nagging.
Now it should read... "We've Experienced What Money Couldn't Buy...
NO LEADERSHIP FROM A LIFE-LONG PROFESSIONAL POLITICAL DEAD-BEAT!"
DUMP DEAD-BEAT DAVIS!!!
(He still has no energy!)
I think I'm gonna want my money back!!!
I know I'd rather have Jerry's dad back that suffer anymore torment from these greenie weenie hold-over hippies from Jerry & Gray's retro-progress administrations!!!
Too late! Jerry's dad has passed on to DemonicRat heaven, if there is such a place.
You can pass the above out in your liberal areas and get the Enviral Nazi Nannies with petitions to kill farmers and ranchers at your shopping centers to pass out these bumper stickers:
Then we can spread our Dump Davis Stickers in the conservative areas!
If 3 to 5% of the Davis Green Weenies bolt and vote for their green weenie for governor, that is a big help to elect Simon!
HERR DAVIS IS NOT THE COIN-OPERATED GOVERNOR!
HERR DAVIS IS THE BIG BILL-OPERATED GOVERNOR! YOUR STINKING COINS DON'T WORK WITH HERR DAVIS!
Thanks to Howie for this great little picture of reality.
That is great!
All I know about the tech side of bumper stickers is how to peel of the stuff on the back, and with a little luck I can get them stuck right side up where I want them and not on me.
You know what I want to go with my garbage toters and the enviral Nazi Nannies that live up the hill and the Dump Davis Stickers. This sticker will cause them to have a complete mental breakdown as both Davis Pimps and Enviral Whore$.
My wife saw these stickers of NIMC on my computer and said that she was afraid to ask how I would use them. When I told her, she just grinned. The local head of Club Sierra has about every vineyard owner, farmer and rancher in Napa county spitting nails at his anti farming, vineyard, ranching and people stances up here. She laughed and said NIMC's sticker could cause cultural shock in Napa county.
Putting fun back into Kali politics:
Hey, you mean old VRWC!
I'm not a two bit Wh$re.
I only do tricks for the big bills!
Davis, Davis, he 's our man. If he cannot steal from you, Boxer can.
Davis, Davis, He's our man. If he cannot steal from you, Boxer can!
Graphic Arts by Howie! Literary Arts by Angelique!
From Laura Bush offers slice of reality:
San Francisco Chronicle | 06/13/2002 | Carla Marinucci
"I refer to Gov. Davis as our first coin-operated governor," Simon quipped
I wonder who came up with the descriptive name. It's a lot catchier than your "BIG BILL-OPERATED GOVERNOR," but your description is more accurate.
I have a neighbor who knows the MoonBeam Brown family very well, and he has known Davis since Davis was Brown's lead SS officer while MoonBeam was the Light in the Birkenstocks gov.. He says that Davis is the world's record HIGH DOLLAR GOVERNOR!
If you don't have a lot of big money to bribe with, minimum about $25,000, you don't get Davis's attention. $25,000 will open the door to his office!
The Sacramento Bee, SF GAYronicle and the LA Slimes know all about the HIGH DOLLAR GOVERNOR!. They have controlled their reporters to insure that most of the stories have not gotten out. You don't raise $30,000,000 of obvious money for re election doing tricks for coins!
It is big news about all of the revelations of the Bribes to Buy Davis. However, the really big news is how the Sacramento Bee, SF GAYronicle and the LA Slimes have spiked these bribe/high $ stories since Davis became the governor to protect him. Now, they are covering the stories as they are surfacing to show how fair and balanced they are. Yeah, sure when their editors start demanding his scalp on a 24/7 basis, they will become believeable.
Once you open the door, there's a "toll" to get through the door. Once through the door,
there's "performance" fees to get action, and so on and so forth, ad infinitum, ad nauseaum.
Liz goes a few steps further to analyze what happens after your $25 K opens Herr Davis's door: Once you open the door, there's a "toll" to get through the door. Once through the door, there's "performance" fees to get action, and so on and so forth, ad infinitum, ad nauseaum.
Thanks to Liz, we have peep behind Herr Davis's closed doors that swing open with a $25,000 bribe er donation!
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