Skip to comments.Analysts: Kanjorski’s OK of bailout invites voter ire
Posted on 10/07/2008 8:02:36 AM PDT by Born Conservative
U.S. Rep. Paul E. Kanjorskis vote in favor of the federal bailout of Wall Street and other financial institutions is a politically risky move because of the bailouts unpopularity with voters, local political scientists said Monday.
The safe (vote) in this area would be voting no, said David Sosar, Ph.D., assistant professor of political science at Kings College.
Across the country, congressional consideration of the $700 billion bailout brought swift opposition from constituents who flooded congressional offices with phone calls and e-mails in opposition.
Rep. Chris Carney, D-10, who voted against the bailout bill, said his offices received more than 1,000 calls from constituents and only 15 supported it. Mr. Kan- jorskis office declined to provide its call breakdown.
National polls before the bailout votes showed it was widely unpopular.
By Friday, the day of the House bailout vote, Republican congressional candidate Lou Barlettas campaign had seized the opportunity to air a new television commercial highlighting Mr. Kanjorskis vote. The ad ties the vote to contributions he received from Wall Street-based financial companies.
Kanjorski millions for him and his friends, taken out of our pockets, a narrator says in the commercial.
Mr. Kanjorski, D-11, repeatedly and vocally defended his vote, saying the bailout was necessary to save the nations economy from collapse. Efforts to reach him Monday were unsuccessful.
Ed Mitchell, a Kanjorski campaign spokesman, defended the congressman for taking a tough stand to save the economy.
Whats clear is the congressman didnt take a vote based on the politics of it. He put principle above it. He didnt weigh the political costs like some other members did, Mr. Mitchell said.
Mr. Kanjorski seemed to understand the risk.
Im a Democrat and Im in a very, very serious campaign, he told business leaders Friday. The easiest thing in the world for me to do today or a week ago is to vote no ... But this is not the time to protect ones tail, as wed say in the game. This is the time for good men to stand up and be counted ... This is something that our society absolutely needs.
Nathan Gonzales, political editor of the Rothenberg Report, a Washington-based newsletter that tracks House elections, said he knew of only one other commercial airing nationwide so far focused on the bailout. Rep. Jim Marshall, a Georgia Democrat, aired an ad explaining his vote in favor.
Many vulnerable Republican congressmen in tough re-election races voted for the bailout while others, Democratic and Republican, also in tough races, voted against it.
In Pennsylvania, Mr. Carneys Republican challenger, Chris Hackett, who also opposed the bailout, accused Mr. Carney of voting against it for political reasons, a charge Mr. Carney denied.
I think theres a sense on the Hill that voting against it might be politically risky, too, said Mr. Gonzales, whose newsletter is rating Mr. Kanjorski as among the most vulnerable Democrats. I think anybody who says he knows exactly how its going to play out is lying.
Thomas J. Baldino, Ph.D., a political science professor at Wilkes University, said Mr. Barletta had the easier role because he didnt have to vote on the bill.
Kanjorski is paid to be our representative. Hes paid to make those tough choices, Dr. Baldino said.
Mr. Kanjorskis campaign is already fighting back by accusing Mr. Barletta of flip-flopping.
Mr. Mitchell pointed to a Sept. 25 Times-Tribune story in which Mr. Barletta said he favored a bailout, then opposed the final version.
In the story, Mr. Barletta said he would favor a bailout if the salaries of executives of bailed out companies were reduced, their bonus packages were frozen until all the bailout money was paid back and an independent commission investigated whether members of Congress who received contributions from the financial services industry failed to properly regulate it.
Mr. Mitchell said some version of everything Mr. Barletta wanted was in the final bill, except for the investigative commission, which the mayor only wanted to target Mr. Kanjorski.
He put his finger in the wind and he sensed that people were moving against this, Mr. Mitchell said.
Mr. Barletta said he had his own idea of plan.
I didnt say I supported their plan. If somebody asks, Are you for a bailout? that doesnt mean that Im for any bailout or whatever they decided. I had specific requirements that I support, Mr. Barletta said. I didnt change my opinion.
His statement on the bailout: http://kanjorski.house.gov/index.php?option=com_content&task=view&id=1329&Itemid=1
It's no surprise that he's down 9 against Lou Barletta.
Check out those who donated to his campaign: http://www.opensecrets.org/politicians/contrib.php?cycle=2008&cid=N00001509
I bet the coward Murtha voted no. He had too, he has a real fight on his hands to keep his seat.
Now if we can just elect some republicans with a spine our country might have a chance at remaining a republic instead of slipping slowly toward communism.
Point of order Mr. President!
Do political scientists believe in glow bull warming?
Kanjorski was in the Top 10 of all in the House of Reps -- over $900,000.
Nah, Murtha will hang on. He’s doled out enough pork over the years and has enough union thug support in this district to win in perpetuity.
Kanjorski is another story. The GOP scored a huge win in recruiting Lou Barletta as a candidate. I think Barletta takes this race.
He’s #5 in receiving contributions from Fannie Mae: http://www.opensecrets.org/092408.html
Now I keep wondering if Kanjorski has hidden equity positions in some of these companies he was supposedly overseeing (that he was in bed with). He could have multiple LLC’s where the account holder is not disclosed.
Many of these Congress crooks form “tax-exempt high sounding do-gooder foundations” which the IRS has tagged as major fraud machines. There’s zillions of ways to make millions via a foundation. The biggest IRS fraud is foundations writing checks to other foundations.
This guy is a crook who has been below the national radar for YEARS.
Here’s a nice summary: http://www.nrcc.org/pdf/RepresentativePaulKanjorski.pdf and
Also, Fox News did a piece on Cornerstone Technologies, and it’s posted on YouTube. I can’t access it now, but I think it’s at http://www.youtube.com/watch?v=ho47cZ0LG7U