Stockton Record columnist Michael Fitzgerald published today a very interesting piece on CD11 Republican primary candidate David Harmer.
Republican congressional candidate David Harmer denounces bailouts, the stimulus package and Obamacare. But did he accept a bailout of his own?
Harmer, a small-government conservative, is vying for the Republican nomination to run against Rep. Jerry McNerney, D-Pleasanton, in the 11th congressional district.
At his Stockton breakfast, as most campaign stops, Harmer blasted “the so-called stimulus that has not stimulated anything but government spending and federal debt.”
Declared Harmer, “We’re disgusted by it.”
Harmer’s brush with the bailout was more than ideological. Before flipping his hat into the ring for the 11th District seat, he worked for Washington Mutual.
An attorney, Harmer worked ensuring WaMu complied with federal credit regulations.
WaMu went belly-up in the mortgage meltdown. The bank was acquired by JPMorgan Chase.
JPMorgan Chase received $25 billion in federal bailout money from the Troubled Asset Relief Program, or TARP.
JPMorgan Chase laid Harmer off.
Harmer received a $75,406 bonus.
He also received $84,586 in severance, according to his federal financial disclosure forms.