November 28, 2011 - 12:24 pm
Senate Dean Heller continues to take shots from organizations critical of his voting record as his race for election heats up.
American Bridge 21st Century is the latest outfit to fire on Heller. Its spokesman, Matt Thornton, thumps him for his "blatant attempt to hide his record of standing up for Wall Street at the expense of Main Street."
Sounds like a sound bite from a future campaign commercial, doesn’t it?
Anyway, Thornton notes in a press release that "Heller voted repeatedly to protect taxpayer-funded bonuses to Wall Street executives while filling his campaign coffers with their money."
And, I ask, what would you have him do?
Main Street business owners don’t have any money. They can’t contribute to his campaign. They’re too broke and didn’t receive a taxpayer-funded bailout.
Heller is being accused of "Wall Street Doublespeak," which I always thought was a prerequisite for the job of Senator. Well, live and learn.
More from the missive:
"Heller Voted Against Bill to Cap Executive Compensation for Bailout Companies. In 2009, Heller voted against a bill to bar any recipient of federal money from the $700 billion financial industry bailout from paying any compensation that is ‘unreasonable or excessive,’ as defined by standards to be set by federal banking regulators."
He also, "voted against a bill that allowed the attorney general to recover bonuses given to employees of companies that received more than $10 billion from the Troubled Asset Relief Program. Excessive employee compensation would be deemed a fraudulent transfer of funds, allowing the Justice Department to file civil actions to force return of the payments. Companies could also be liable for civil action if future payments are greater than 10 times the amount of the mean compensation paid to non-management employees. Bonuses came ‘under fire because of the $165 million in bonuses distributed by American International Group to executives of the troubled unit that helped lead the insurance giant to the brink of collapse.’ Critics of the legislation warned that it would weaken banks and lending by having a chilling effect on participation in any government recovery effort."
In addition, he’s accepted a pot of money from "Securities and Investment Interests," "Commercial Banks," "Credit and Financial Interests," and "Fannie Mae and Freddie Mac."
Which leaves me with one last question for Dean Heller:
With all those contacts, can you help us land mortgage loans and refinance our houses before we lose them?