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Dems inject selves into GOP primary with ‘issues’ ad

By Steven Harmon
Friday, May 7th, 2010 at 5:23 pm in Uncategorized.

Democrats are injecting themselves directly into the Republican primary with a so-called issues ad that is an obvious outright attack on GOP gubernatorial candidate Meg Whitman.

It’s all under the guise of asking voters to sign a petition and call Congress to support a bill, Senate Bill 506, that would close a tax loophole that allows the wealth to hide assets in offshore tax havens like the Cayman Island and Bermude. Oh, by the way, Meg Whitman ironically is doing that very thing!

Though the state Republican Party sniffed at the sneaky, underhanded ploy, the Whitman campaign actually seemed quite pleased to see that the Democratic Party still views her to be the candidate to beat. After enduring a couple of rough weeks (see Poizner’s campaign video below)   …

that ended with Steve Poizner’s team crowing about moving to within 10 points of her, Whitman’s spinners seemed actually gleeful over her still being the target.

“It’s proof positive that they fear Meg Whitman as the only fiscal conservative in this race,” said Rob Stuzman, a senior adviser to the campaign. “And this is the evidence that Steve Poizner is clearly the preferred candidate the unions and Jerry Brown would like to face in November. They know he’s not electable and they can beat him in November and they don’t think he’s capable of reforming California.”

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  • Sara and Meg WHO ??!!

    “The only fiscal conservative in the race . . . . ”

    Oh geezus ! And NOW we add “inability to assemble a team of thinking people” to Meg’s list of “accomplishments” – Who’s the bright young man or woman that continues to grind this “fiscal conservative” nonesense ????!!!!

    Come on kids – - – you gotta THINK about this stuff before you say it ! See, actions speak louder than words and Meg’s ACTIONS are to have OUTSPENT every previous gubernatorial candidate by orders of magnitude (that’s “a lot of money” to you and me).

  • RR, Uninvited Columnist

    The rhetoric surrounding Goldman Sachs makes it sound like Enron redux.Does an investment house destroy its credibility by hedging its bets on, say, platinum or potato futures?

  • Sara and Meg WHO ??!!

    Oh c’mon RR – My kid in gradeschool gets THIS distinction . . .

    The difference is that an investment house doesn’t create the freakin’ instrument with the explicit intention to short the thing . . .

  • RR, Uninvited Columnist

    S&M(??): Hate to dizzy-point ya, but the Paulson strategy (betting against the housing boom) was dreamed up in 2007, months before the collapse.

  • Sara and Meg WHO ??!!

    An interesting and NEW point, RR – and had Paulson not personally been involved in the selection of that first round of assets – maybe timing would be of consideration.

    Dizzy on RR.

  • Sara and Meg WHO ??!!

    Paulson was personally involved in the selection of the assets which made up a portfolio he would eventually short – - – RR

    Tell you what – let’s try to stay focussed on your ORIGINAL POINT – the GS transaction moved very very differently from a broker taking a short position on COMMODITIES. In the traditional commodities broker example you site – the individual broker has little ability to influence a future trading price. . . .

    So – in the Paulson case -

    1. The guy proposed and introduced a futures instrument heretofore not implemented in the common mortgages market.
    2. The guy then proceeds to hand pick the assets that made up a portfolio he would eventually “short”.

    Dizzy on, RR -

  • Ralph Hoffmann

    Use of the adjective fiscal, to moderate conservative is interesting. Does this mean these candidates would liberalize behavior (prostitution, illicit drug use), and then tax such behavior?