Ridiculous allegation withdrawn
Wednesday, Oct 1, 2014 - Posted by Rich Miller
* Remember this idiotic, irresponsible lede not backed up by any facts?…
State Sen. Donne Trotter took $2,000 in cash from a convicted felon who got the money from an undercover FBI agent posing as an Indian businessman, lawyers for a South Side man allege.
The US Attorney’s office said at the time that there was nothing to the allegation. Simple logic suggests that if the feds suspected a state legislator of being on the take, they’d have been all over the guy (five years ago, by the way). Yet, despite the government statement and common sense, the Sun-Times led with a wild allegation by a couple of criminal defense lawyers.
* Today, they had to walk it back…
Defense attorneys in the illegal lobbying trial of C. Greg Turner have withdrawn allegations that State Sen. Donne Trotter accepted a $2,000 cash bribe as part of an FBI sting.
Turner’s attorneys Michael Leonard and James Tunick last week had alleged that Trotter accepted the cash from Turner’s co-defendant, Prince Asiel Ben Israel, then failed to declare it as either a political contribution or as income on his taxes.
But on Wednesday Tunick told U.S. District Judge Elaine Bucklo that he would not quiz Trotter about that allegation when Trotter takes the stand as a witness against Turner. Speaking outside court, Leonard later said that he and Tunick “no longer have a good faith basis” to do so.
The lesson: Defense lawyers will often say anything - even stuff made up out of thin air - to help their clients. Automatically believing people like that is a gigantic mistake.
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*** UPDATED x1 *** Question of the day
Wednesday, Oct 1, 2014 - Posted by Rich Miller
* Sun-Times…
What better way to make your point than with a “Say Yes to the Dress” parody?
That’s exactly what a new ad from the College Republican National Committee is doing to urge people to vote for Republican gubernatorial candidate Bruce Rauner. […]
It starts out with a woman wearing a classy, well-fit wedding dress, where she proclaims “the Bruce Rauner is perfect.”
“Bruce Rauner is becoming a trusted brand,” the woman says. “He has new ideas that don’t break your budget.”
* The online ad…
* The Question: Funny or not? Take the poll and then explain your answer in comments, please.
customer surveys
*** UPDATE *** The College Republican National Committee has produced very similar ads for five other gubernatorial races.
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Adventures in governing
Wednesday, Oct 1, 2014 - Posted by Rich Miller
* Let’s hope they can come up with a much-needed fix…
An Illinois House panel has set a hearing to look into Speaker Michael Madigan’s proposal to separate the Abraham Lincoln Presidential Library and Museum from the Illinois Historic Preservation Agency.
The House State Government Administration committee is scheduled to take up the issue on Wednesday morning in Chicago.
Give it to the feds, give it to the U of I, whatever. There’s too much conflict over there and too many clouted higher-ups who can’t be fired to ever hope the state can fix it.
* The fixing here is too darned slow…
Gov. Pat Quinn’s administration is moving too slowly when it comes to developing a plan for the future of a shuttered, state-owned resort on Lake Shelbyville, a group of lawmakers and elected officials said Tuesday.
The Eagle Creek Resort has been closed for five years after dangerous levels of mold were discovered in the hotel. In March, a Decatur-based developer hired to reopen the resort abandoned the effort, citing an impasse with state officials over how the company wanted to proceed. […]
On Monday, the U.S. Army Corps of Engineers sent IDNR a letter reminding the agency of the terms of its lease for the Eagle Creek facility, which sits on corps property.
Lou Dell’Orco, the corps’ St. Louis district chief of operations, said the letter was designed to ensure the state fulfills its role in providing the corps with a plan for the future of the property. The letter follows a meeting with state officials in late July. […]
In a prepared statement, IDNR said it is following state rules to hire a company to assess the building and grounds. But such a report isn’t likely to be completed until mid-2015.
Closed for five years and an assessment won’t be finished for another year?
Ugh.
* And if they weren’t going to be called to testify anyway, I’m not sure how this qualifies as a boycott…
A legislative hearing set for later this week on Illinois High School Association operations won’t have a key player: the high-school sports governing body itself.
IHSA officials announced Monday they plan to “have no official presence” at the House Elementary & Secondary Education Committee hearing set for 4 p.m. Friday at South Shore High School because they’ve been “informed that the IHSA will be unable to testify or call witnesses during the hearing.”
In a news release posted on the association’s website, IHSA Executive Director Marty Hickman said, “We plan to let the 700-plus IHSA supporters who have voted online in opposition of these hearings and the 25 pages of testimony they submitted on our behalf speak for us in absentia on Friday.”
* Meanwhile, Crain’s had a recent article entitled “The one utility not asking for help from Springfield”…
In Illinois’ energy industry, there’s a new kid in town. But the kid isn’t playing by the rules that have governed energy politics in this state for decades.
The piece goes on to claim that Princeton, New Jersey-based NRG Energy Inc. - one of the largest power generators in the nation which just bought a bunch of coal-fired plants here - doesn’t want anything out of the General Assembly, unlike Exelon and Ameren…
Lee Davis, president of NRG’s East region, which includes Illinois, says, “We don’t have an ‘ask.’ “ […]
Mr. Davis says NRG will lobby against providing subsidies to competitors like Exelon, since it’s investing on its own in plants many thought would close in the face of low power prices and stricter environmental standards.
“We agree with the Exelon of six years ago,” he says, referring to Exelon’s stance when power prices were higher that market forces should win out over government attempts to cut electricity rates. Everyone in the competitive power industry understood they were exposed to commodity volatility, Mr. Davis says. Asking for subsidies “is just kind of a silly argument for NRG to make.”
* But read down to the bottom…
NRG’s Mr. Davis says his company will argue that if the state insists on adding hundreds of millions to ratepayers’ electric bills annually to comply with new federal greenhouse gas rules, it should look beyond preserving nuclear plants that ratepayers already have financed. In keeping with NRG’s embrace of solar power and other green technologies, he says new renewable energy facilities should be prioritized.
Legislators “just need to be presented with more than one option,” he says.
Yeah, and that “prioritized” spending won’t come without a state cost? OK, sure.
Look, I’m for green tech. The faster we can ween ourselves off of Middle Eastern oil the better. All hands on deck, so to speak. Fracking, drilling, green energy, well-regulated nuclear, higher MPG requirements, electric cars, more trains, more mass transit, bike lanes… Whatever it takes, spend it, because it’s far cheaper in both blood and treasure than endless wars over ancient religious schisms and tribal boundary disputes.
But, don’t tell me NRG won’t have an “ask.” It’ll have an ask.
* And speaking of fracking, Raghav Murali and Daniel J. Deeb have an article in Shiff Hardin’s environmental newsletter about the new fracking rules…
The Illinois Department of Natural Resources (IDNR) on August 29, 2014 filed proposed rules that if adopted, will create additional burdens on companies seeking to extract natural gas in Illinois. The proposed rules, filed with the Joint Committee on Administrative Rules (JCAR), represent IDNR’s final rules implementing the Hydraulic Fracturing Regulatory (Act), the comprehensive law which permits, and strictly regulates, high volume horizontal hydraulic fracturing (fracking) in Illinois.
These new rules (Rules) could be argued to impose requirements well-beyond those expressly provided by the Act and the proposed rules issued by the IDNR on November 13, 2013. The following are among the ways in which the Rules could be viewed to go beyond requirements of the Act.
Go read the whole thing.
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* With President Obama coming to Chicago today to fundraise for Gov. Pat Quinn, I thought it might be a good time to post something I’ve had for a couple of weeks (I came up with the idea the week I was sick and never got around to posting it).
Back then, I was looking for something else and stumbled upon a Politico story from this past March…
Bruce Rauner, the billionaire Republican nominee for Illinois governor, is doing all he can to turn himself into a career politician named Mark Kirk. […]
Rauner has on his staff four Kirk alumni in his effort to replicate the moderate GOP senator’s path to blue-state victory. And like Kirk — and unlike Republicans in almost everywhere else in the country — Rauner avoids bashing President Barack Obama, who remains popular in his home state.
That’s true. He avoids talking about Obama.
* But I figured there had to be something out there, so I asked the Quinn campaign if they had any anti-Obama remarks in their files. They sent over a Bloomberg interview from May, 2011…
“Unfortunately, I think President Obama is one of the most anti-business presidents we’ve had in the last 70 years.
“His policies and anti-business rhetoric have created a level of hostility and unpredictability coming out of Washington that’s damaging to our economy.”
If you do the math, he’s referring to FDR as being the most anti-business president before Obama.
* When asked if Obama’s actions represented “outright hostility” or just “neglect,” Rauner responded…
“I would say hostility.”
* Raw audio…
…Adding… Oops. Forgot to post this one…
* Michelle Obama in new ad: ‘Barack and I’ are voting for Quinn: “Now, Pat’s fighting to raise the minimum wage. He’s working to create jobs here at home, instead of shipping jobs overseas. And he’ll never cut funding from military families or veterans to give a tax break to the wealthy. That’s the choice, and there’s just too much at stake in this election to stay home. So for this election, Barack and I are casting our votes for Pat Quinn.”
* The ad is here
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Callis recycles ad, reportedly lowers buys
Wednesday, Oct 1, 2014 - Posted by Rich Miller
* From a press release…
Former Chief Judge and Congressional challenger Ann Callis today released her fourth television ad of the general election, “Deserve.” Building on Callis’ initial introduction to voters, the ad focuses on her pragmatic leadership as Judge in Madison County, where she spearheaded major bipartisan initiatives like establishing the first Veterans’ Court in Illinois to help troubled veterans get back on their feet. The ad also highlights Callis’ personal commitment to help military families as the proud mother of an Army Ranger who returned this summer from a tour in Kuwait.
* The ad…
* Does that look familiar to you? It should. From the NRCC…
The problem is this ad isn’t new at all. Callis launched the same ad back in February during her primary. Watch it here.
We will give her credit – she changed the one and only citation in the ad, but everything else is exactly the same. Is this rerun of the same ad the only way Callis can afford to put a “new” message on the air?
Rodney Davis just announced today a hugely successful Q3 – over $500k raised with $1.2M cash on hand. Apparently the folks in Washington understand Callis’ campaign is a total flop. What else would explain the fake “new” TV ad? Has the Pelosi money tree been chopped down?
It’s not that recycling an ad is a big scandal or anything, but there’s no doubt that doing so saves a bunch of production cash. Also, from the Davis campaign…
(T)hey dropped from 800 to 500 GRP this week. Another sign of low funds?
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* Sen. Michael Frerichs laid into Rep. Tom Cross’ stated plans for the treasurer’s office during an interview with the SJ-R editorial board yesterday. Regarding Cross’ pledge to sue if the GA passes an unbalanced budget, Frerichs noted the treasurer has no such constitutional authority to do so, then went for the throat…
If you take him at his word that this is really a high priority and that it’s fundamental for the state, then he ought to have some opinion on Bruce Rauner’s budget.
It doesn’t take that long to read through it. And it also doesn’t take that long to read through numerous economists, political scientists and journalists who have all looked at his budget and pronounced it is horribly out of balance.
You can’t claim to be a watchdog for the state, you can’t claim to be focused on a balanced budget, and then have no thoughts on this clearly unbalanced budget by the head of your state party. You can’t call yourself a watchdog, and be a lapdog protecting your own party.
Oof.
That’s the cleanest shot he’s taken at Cross since Day One.
*** UPDATE 1 *** From the Cross campaign…
“Another desperate, false attack by Sen. Mike Frerichs. After being rebuked for blatantly false attacks on Tom’s record, now Sen. Frerichs is careening toward a new attack that is equally false.
Here’s the bottom line: Tom Cross has consistently and forcefully said that balancing the budget is a top priority and he will not hesitate to enforce that constitutional requirement, whether it be a Republican or Democrat Governor.
In contrast, Mike Frerichs dutifully voted with Gov. Quinn this year on a budget that was called unbalanced by independent, non-partisan rating agencies. That’s why it’s not surprising that Sen. Frerichs’ own hometown paper wrote that he ‘clearly doesn’t know what he really thinks, and, when candidates don’t know what they believe, they say whatever seems convenient at the moment.’”
Champaign News-Gazette May 1, 2014
*** UPDATE 2 *** Frerichs campaign…
Tom Cross misled the public when he told the SJ-R editorial board “I haven’t read his [Rauner’s] proposal” as he once again refused to answer questions on whether the Rauner budget is balanced and Constitutional.
Just weeks ago, Mr. Cross said otherwise:
“Sometimes Republicans disagree,” Rep. Cross said of his opposition to the Rauner tax plan. “I don’t support any of the service taxes.”
The former Illinois House minority leader, Rep. Cross said he wanted it on record that he supports “everything else” in Mr. Rauner’s plan for the state.
- Dispatch-Argus, Quad Cities, July 22nd
http://qconline.com/archives/qco/display.php?id=689203&query=cross%20rauner
As Oswego Willy notes, Tom Cross has not only been a lapdog for Bruce Rauner, but was very cozy with Rod Blagojevich. Tom Cross led efforts to pass Rod Blagojevich’s $10 billion pension borrowing deal which lined the pockets of both their friends. Before that, Cross supported every single George Ryan budget, turning surpluses into deficits, engaging in historic borrowing to fund pork projects, and ending with a budget that Tom Cross voted for that was $600 million out of balance.
Capitolfax fans can see it all here at about the 17 minute mark and judge for themselves whether Mr. Cross is being honest:
https://www.youtube.com/watch?v=FBdsCVllNK8&list=UUWmlNV4T2GQdNz6UTF4RJ2g
[ *** End Of Updates *** ]
* The comment comes at about the 19-minute mark…
* Frerichs goes on to say he opposes making the income tax hike permanent, but wouldn’t rule out any new revenues, pointing out that Rauner and Comptroller Topinka both have said the same sort of thing.
* Meanwhile, Frerichs sent out a fundraising email this week entitled “Slick New Packaging Can’t Hide The Real Tom Cross Record”…
Dear Friend,
The race for Treasurer is heating up, and with just 35 days to go, we’ve got the momentum.
We need your help to keep the pressure on our opponent, by contributing whatever you can today, whether it is $5 or $500, to stop Tom Cross and his ultra-conservative agenda dead in its tracks.
Tom Cross is trying desperately to rebrand himself, but he can’t run away from 22 years of voting with corporate and conservative interests in Springfield:
In 2014, Tom Cross turned his back on equal rights for women.
In May of this year, Tom Cross stood with the ultra-conservative Illinois Family Institute, and failed to support efforts to advance the Equal Rights Amendment.
In 2011, Tom Cross was leading a national effort to protect discrimination in all 50 states.
Tom Cross was a member of a national task force backed by the ultra-conservative ALEC, which was co-founded by Henry Hyde, author of the federal abortion ban. The task force met behind closed doors in 2011 to push for legislation in all 50 states that would protect businesses that discriminate on the basis of race, gender or sexual orientation and engage in patterns of sexual harassment.
In 2010, Tom Cross turned his back on equal rights for gay Americans.
Tom Cross voted to block the march toward marriage equality, joining with ultra-conservatives who oppose basic rights of loving same sex couples by voting against civil unions.
Tom Cross has a long record of undermining Illinois values that stretches back 22 years.
Tom Cross has repeatedly opposed the minimum wage, voted against ending racial profiling, voted to legalize workplace discrimination against gays, and funded the elections of Tea Party conservatives that fight progressive priorities every single day.
After two decades of stepping on our values, Tom Cross wants to use the Treasurer’s Office as a stepping stone to impose right-wing values on Illinois
Our campaign is fighting back, but we need your help.
The fundraising quarter ends tonight at midnight, and we are just 210 donors away from reaching our goal. Please give $25, $50, $250, or as much as you afford today.
Thank you,
Team Frerichs
* Carol Marin is not amused with this line of attack…
Frerichs is pitching hard that Cross is a right-wing conservative and a tea party acolyte.
Cross is not. He is, however, a Republican who has, to use his word, “evolved” on some issues. Including same-sex marriage, which he opposed until last year’s vote legalizing it in Illinois. You might argue that was a kind of deathbed conversion prior to a primary. But you might also argue that in so doing he gave his tea party opponent in the March election ammunition to use against him.
Frerichs, by the way, has also “evolved.” He used to be an opponent of abortion rights. Today both he and Cross are endorsed by the liberal, abortion rights group Personal PAC.
What does same-sex marriage or abortion have to do with the Treasurer’s race?
Not an ever-lovin’ thing.
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* A new poll taken for a Republican candidate has Bruce Rauner leading Gov. Pat Quinn 43-37, with 5 percent going to Libertarian Chad Grimm and 16 percent undecided. Click here to read the full results, with geo-tabs.
Rauner is scoring 20 percent in Chicago, which is about where he wants to be, and leading Quinn 46-38 in suburban Cook. Not good for PQ.
The poll of 1,290 likely voters was taken September 30th by Communication Express. It has a margin of error of +/-2.9 percent. The pollster was pretty darned accurate in 2010 (off by just a couple in the governor’s race, but spot on in the US Senate and comptroller’s races), so, yes, it’s a poll for a GOP candidate, but it’s not to be taken lightly.
* The poll found Comptroller Judy Baar Topinka leading Lt. Gov. Sheila Simon 53-31, with another 5 going to the Libertarian candidate.
* And Rep. Tom Cross leads Sen. Michael Frerichs 44-34, with 19 percent undecided and the Libertarian getting 3 percent.
35 percent self-identified as Democrats, 38 percent said they were independents and 27 of respondents said they were Republicans.
However, just 10 percent said they were African-Americans, which seems a bit light to me, although not to the campaign which commissioned it. Even so, that wouldn’t have moved the needle in a huge way.
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Pumping up the base
Wednesday, Oct 1, 2014 - Posted by Rich Miller
* From that recent Rasmussen Results poll of Illinoisans that we discussed yesterday…
* Do you have a very favorable, somewhat favorable, somewhat unfavorable or very unfavorable impression of the new health care law?
Very favorable 17%
Somewhat favorable 27%
Somewhat unfavorable 14%
Very unfavorable 37%
Not sure 5%
So, 44 percent favorable, 51 percent unfavorable. Obamacare is upside down here, according to one poll at least.
* Keeping that in mind, from the Tribune…
Gov. Pat Quinn wasn’t especially visible when Illinois residents were signing up for Affordable Care Act coverage last year, but on Tuesday he called getting people health coverage the “mission of a lifetime.”
Three things have changed: The state has far exceeded expectations for how many people it has signed up for health coverage, public attitudes toward the program have improved, and President Barack Obama will raise money for a re-election-seeking Quinn in Chicago on Thursday.
The Democratic governor on Tuesday announced that Illinois has signed up 468,000 people through the state’s Medicaid program, far more than the roughly 200,000 Quinn administration expected to sign up this year and also surpassing the 342,000 the state thought would ever enroll under the health care expansion. Another 217,000 in Illinois signed up for private insurance coverage via the exchange set up under the health law.
* OK, back to the Rasmussen poll. Among Democrats, 71 percent had a favorable view of the new law, as did 72 percent of African-Americans. And, as we’ve seen in this and other polling, Quinn still has some “base” problems.
* Now, on to today’s Sun-Times story…
Newly surfaced video of Republican Bruce Rauner obtained by the Chicago Sun-Times shows him telling conservative activists in Lake County last year that, as governor, he would have blocked Gov. Pat Quinn’s 2013 expansion of Medicaid. […]
“If you were governor of Illinois, would you have accepted Medicaid expansion and what do you think about the other Republican governors around the country that rejected Medicaid expansion?” Rauner was asked.
“I would not have accepted the expansion,” Rauner responded then. “I’m deeply concerned: We have a massive problem in our Medicaid system in Illinois. It’s full of corruption and abuse, and we are facing a problem that will dwarf our pension problem in about four or five years with our Medicaid system. It’s out of control, it’s corrupt.” […]
Asked Tuesday whether Rauner’s words accurately portray his position now on rolling back Medicaid, a campaign spokesman sounded a similar refrain against “fraud” and “abuse” within Medicaid but didn’t explicitly say if the candidate favored undoing Quinn’s expansion or keeping it in place.
* The video…
Discuss.
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NRI head will testify next week
Wednesday, Oct 1, 2014 - Posted by Rich Miller
* The Republicans will get more than just a “perp walk” next week…
The former head of the state agency Gov. Pat Quinn put in charge of his failed Neighborhood Recovery Initiative anti-violence grant program will answer questions from a legislative panel next week, her lawyer said Tuesday.
Barbara Shaw, the one-time director of the Illinois Violence Prevention Authority is regarded as a pivotal witness with firsthand knowledge of the preparation and roll-out of the $54.5 million grant program that is now under criminal investigation by federal prosecutors in Springfield and Chicago.
“We’re prepared to respond to the questions that are asked of her,” Shaw’s attorney, John Theis, told Early & Often, the Chicago Sun-Times’ political portal.
“Naturally, it’s always a concern when people are out there, and there’s an active investigation, but Barbara won’t be asserting any 5th Amendment privilege,” Theis said.
The governor is going back into the barrel. And that’s a big reason why you’re seeing the oppo flow so fast and furious right now. We’ll have more on that topic in a bit.
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* The Sun-Times has a front-page story today about another Bruce Rauner company, this one called Synagro Technologies Inc., which was involved in the corruption probe that eventually sent Detroit Mayor Kwame Kilpatrick to prison for 28 years…
Getting a far shorter term after cooperating with the feds was an executive for Synagro Technologies Inc., a company based in Houston. The executive, James Rosendall, pleaded guilty to bribery in 2009 and testified in Kilpatrick’s trial last year, describing his role in what he called “the pay-to-play thing going on in the city of Detroit.”
Rosendall’s push on Synagro’s behalf intensified in 2007. That was shortly before the company won a billion-dollar sludge contract from Detroit officials — and not long after GTCR had divested its majority stake in Synagro.
But court records show Rosendall’s efforts to sway Kilpatrick and other Detroit leaders dated back several years, to the middle of the period when GTCR controlled Synagro.
GTCR first invested in Synagro in 2000, eventually holding a majority stake in the company. Rauner and his partners did not cash out completely until 2006.
Chartered jets to Las Vegas, paying off the mayor’s father to get city business, etc. And, of course, GTCR cashed out just in time. Go read the whole thing.
* Rauner’s campaign basically claimed that Rauner wasn’t on the board and that GTCR were merely investors…
In a statement, Rauner campaign spokesman Mike Schrimpf said, “Bruce was never on the board at Synagro and, as investors, GTCR would not have been aware of the individual actions of every employee of a nationwide company. What Mr. Rosendall did was clearly wrong, and Bruce believes he was rightfully prosecuted and convicted.”
* Well, a quick Google search found a January, 2000 press release entilted: “Synagro Announces New Financial Partners”…
“My management team and I are delighted to be partnering with GTCR,” said Ross Patten, Synagro’s Chairman and CEO. “GTCR offers a valuable and proven perspective that will be helpful as we execute our growth strategies, including making and integrating additional acquisitions.”
“Synagro is a leader in the fragmented and growing residuals management industry,” noted David A. Donnini, principal of GTCR.”With Ross Patten’s vision and proven leadership, Synagro has the potential to grow exponentially and represents an exciting investment opportunity for our investors.” Mr. Donnini and Vincent J. Hemmer, also of GTCR, will join Synagro’s Board of Directors in connection with the GTCR Financing.
Emphasis added for obvious reasons.
*** UPDATE 1 *** Quinn campaign response…
A sludge company controlled by GTCRauner has been exposed today for its direct ties to the bribery scandal that took down the mayor of Detroit.
It was one of the biggest public corruption prosecutions in American history and a Rauner-controlled sludge company was found to have bribed former Mayor Kwame Kilpatrick in a case that became known as “Kilpatrick Inc.”
Below is the statement of Quinn for Illinois Press Secretary Izabela Miltko in response to the breaking news:
“Bruce Rauner’s existing ties to pay-to-play politics have been overshadowed by the news that executives of a firm he controlled bribed a sitting mayor to get contracts.
“To date, Mr. Rauner has taken no responsibility for his troubling business record of corruption, fraud and mismanagement. But he has always taken the profits.
“GTCRauner was in the driver’s seat at Synagro. As such, Rauner must account for the criminal actions committed under his leadership and in his company’s name, while he was in control.
“Bruce Rauner has a duty now to make available the full criminal record and internal documents describing his and his company’s actions in this bribery case.
“Mr. Rauner has made his business experience his chief qualification to be governor. Now we learn of his company’s direct oversight of bribery and corruption, and Mr. Rauner must explain.”
*** UPDATE 2 *** More Quinn react…
News breaking today that GTCRauner was in control of a Houston-based sludge company in the period it began bribing the former mayor of Detroit, in one of the biggest public corruption cases in modern American history, has raised troubling new questions.
1. Did Bruce Rauner and his partners know about and/or approve the bribes to Kilpatrick Inc.? If not, how did they account for the massive sums of money spent on the criminal enterprise?
2. Were Bruce Rauner or his partners ever contacted by the FBI about the bribes and criminal conduct at Synagro?
3. Will Bruce Rauner make available to the public any internal reviews or reports about the criminal activities at Synagro and of its executives?
4. In Lason, Bruce Rauner was associated with one of the largest accounting frauds in American history. Now, in Synagro, he has ties to one of the largest public corruption cases in American history. With that magnitude of scandals happening under his watch, why should voters think that Mr. Rauner would do any better of a job overseeing the State of Illinois?
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Rate Rauner’s three new TV ads
Wednesday, Oct 1, 2014 - Posted by Rich Miller
* Bruce Rauner is running three new TV ads. The first one we’lll look at features a retired Chicago cop who blasts Gov. Quinn for his early release program…
* The second ad is about jobs…
* And the last ad we’ll look at in this post was spotted by Wordslinger last night. He wrote up a pretty witty, on-the-fly analysis…
Just spotted what I think is a new Rauner “mixed” ad.
Caught it out of the corner of my eye on Channel 5 in a watering hole, so not verbatim, but it goes a little something like this:
Opens with a visual of standard, dark scowling Quinn head shot.
Female VO: “Why is Pat Quinn (saying deceptive things, I think) about Bruce Rauner?”
Visual of Blago head enters the shot: “Because Pat Quinn and (insiders, maybe) have been screwing up the state (or something like that).”
(At this point, I started laughing, because I loved the unexpected “scewing up” line. That’s how people talk, and she said it with some moxy).
Then it cuts to Bruce in bright color and goes into a lot of issues and visuals and narration very quickly, I didn’t get it all in one viewing.
One of them was definitely a “responsible plan to raise the minimum wage,” followed by a couple of other things, then a closer of “Bruce Rauner is running for only one reason: to bring back Illinois” (but the visual said “shake up Springfield, take back Illinois).
First impression: Way too busy, too many things going on for :30 seconds. But I absolutely loved the “screwing up” line.
* The spot is called “Screwed Up”…
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Today’s number: $1.68 million
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* Ormsby…
Proft’s PAC ended the last quarter with $946K in the bank. It has since reported raising $735K.
…Adding… I don’t think he can keep that money. From the Board of Elections is this info on contribution caps…
Political Action Committee:
$10,500 from an individual
$21,100 from a corporation, labor organization, association or Political Party
Committee
$52,600 from a Political Action Committee or Candidate Political Committee
…Adding More… Since this is an Independent Expenditure committee, there don’t appear to be contribution limits.
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Rasmussen: Quinn up by 2
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* From Rasmussen Reports…
Incumbent Democrat Pat Quinn has edged ahead for the first time this year in Illinois’ gubernatorial race. Among Likely Illinois Voters, Quinn earns 44% support to Republican challenger Bruce Rauner’s 42%. Six percent (6%) like some other candidate, and eight percent (8%) are undecided.
Indicative of the closeness of this race, however, is the finding that among the 87% of Illinois voters who say they are definitely going to vote, Rauner still barely leads 45% to 44%. But Illinois now moves from Leans Republican back to a Toss-Up on the Rasmussen Reports 2014 Gubernatorial Scorecard.
Their last poll, taken in early August, had Rauner up by five.
* Among the 87 percent who say they’re “certain to vote,” 94 percent are Republicans and 86 percent are Democrats. So there’s an intensity gap that helps Rauner.
* Then there’s this…
Is your state better off than it was four years ago?
Yes - 24%
No - 56%
Unsure - 19%
85 percent of Republicans answered “No,” but so did 33 percent of Democrats.
* Quinn approval…
27 percent of Democrats disapproved.
* Obama approval…
11 percent of Democrats disapproved.
* Rauner favorable…
He’s still above water even after all those attack ads.
* Quinn favorable…
24 percent of Democrats view him unfavorably.
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Stop the partisanship on both sides, please
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* Sen. Andy Manar (D-Bunker Hill) held a press conference yesterday to respond to sponsors of a resolution who want to stop his education funding bill from moving forward…
The resolution offered this month by Downers Grove Rep. Ron Sandack and co-sponsored by two-fifths of the GOP caucus, along with two Democrats, decries what it says is Sen. Andy Manar’s “piecemeal reallocation” of schoolhouse funding that will cause hundreds of districts “deep budget reductions and financial uncertainty.”
Clearly miffed, Manar fired back on Monday, telling reporters at the state Capitol, “there is a cost to not getting this right in the state budget and it’s severe.” […]
He said the school-aid formula is supposed to adjust for local district wealth but demographic changes now skew it against poor districts.
“Until we get this right and we drive resources to (needy) districts,” Manar said, ” … then we’re never going to get at the root of major cost-drivers in the state budget, which is the correctional system, which is unemployment, which is the Medicaid system.”
* Some video from the Senate Democrats…
* Rep. Ron Sandack responded…
“Senator Manar has accused me and the other co-sponsors of House Resolution 1276 of trying to halt discussions into the need for education reform. My colleagues and I have done no such thing. We have simply sounded the alarm that SB16 is being talked about in closed door meetings, and have let Illinois taxpayers know that the bill, as written and approved in the Senate, would cause a great deal of financial harm to hundreds of school districts.
“Our resolution urges the General Assembly to cease in their efforts to pass SB16 because it does not solve problems with the education funding formula; it simply creates a new list of funding winners and losers.
“During his remarks, Senator Manar himself admitted that SB16 still needs work. Why would any legislator knowingly approve a bad bill? This ‘pass it now and we’ll fix it later’ mentality is dangerous and it’s how bad bills end up becoming bad laws in our state.
“The Senator certainly looked agitated and bothered as he was taking his personal shots at me and my House Resolution this morning. But we suburban legislators are taking all of this very personally. He is taking aim at our schools and defunding them.
“Had he read HR1276, Senator Manar would have seen clear language promoting a thoughtful and thorough process for complete education funding reform. My public statements regarding the dangers of SB16 have always included references to the need for comprehensive reforms so that all students across the state can be college and career ready.
“The Senator spoke at length about the bipartisan process that led to the creation of the Education Funding Advisory Committee’s report. But activity over the summer has been completely partisan. Republicans only learned of the SB16 meetings from education advocacy groups who alerted us to the fact that the meetings were taking place. Senator Manar’s claims that the process remains bipartisan are completely false.
“During his remarks, Senator Manar, a Democrat, said that school funding proration has been devastating to Illinois schools, yet he takes no responsibility for the fact that the Democrats are the ones who have created budgets that have cut education spending by more than $600 million since 2009. Simply making wise financial decisions that start with funding education at 100% would go far in addressing many schools’ struggles.
“I invite Senator Manar to dispense with the angry partisan bickering and secret Democrats-only meetings and engage in a full and open discussion about education funding reform. We need to bring all stakeholders to the table and talk outside of the parameters of SB 16, which directly threatens suburban schools.”
First he denies that he’s trying to hold up talks, then he admits it: “Our resolution urges the General Assembly to cease in their efforts to pass SB16…”
Plus, the bill isn’t ready yet. There are still discussions going on.
And the $600 million cut? C’mon. Only if you think that Democrats “cut” the federal stimulus money. And if you include pension contributions, it’s way up.
Should the Republicans be included in these talks? Sure they should. It’s a mistake to keep them out, unless all they want to do is score political points.
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Quotables
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* Phil Kadner…
It seems Rauner wants the additional income tax money but not the higher income tax.
Yep.
* James Hohmann writes about incumbent governors in danger of losing their jobs. Illinois is ranked number 4…
Democratic Gov. Pat Quinn, an old-school machine politician, has looked vulnerable for years. After succeeding the impeached Rod Blagojevich, he almost lost in 2010. This time, he managed to scare off potentially serious primary challengers, including former White House chief of staff Bill Daley and Attorney General Lisa Madigan.
But tax hikes and budget cuts enacted on his watch have taken a toll on Quinn’s popularity. Republicans are also attacking him over reported investigations into hiring at the state transportation department and an anti-violence program. The state still has financial problems, even after Quinn canceled contracts with public employee unions.
Republican Bruce Rauner, a first-time candidate, has his own issues: He’s been hammered for his venture capital background and forced to defend his wealth.
A recent Chicago Tribune poll showed Quinn up 11 points among registered voters, but no Democrat on the ground believes that’s the case. More likely, informed observers say, the race is within the margin of error.
An “old-school machine politician”? Rauner could’ve written that for him. But, considering Quinn’s love for patronage and street money, I suppose he could have a point.
25 Comments
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*** UPDATED x1 *** Durbin vs. Oberweis react
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* The AP focused on guns…
U.S. Sen. Dick Durbin and GOP challenger Jim Oberweis disagreed Monday on whether to require universal background checks for firearms purchases, with Durbin saying it would reduce violence in a country “awash in guns” and Oberweis saying he’s not convinced the checks would have the intended impact.
Oberweis, an Illinois state senator and entrepreneur from Sugar Grove, is trying to unseat Durbin — the U.S. Senate’s No. 2 Democrat — in November. They met Monday before the Chicago Tribune editorial board for their first joint, televised appearance of the 2014 campaign.
If you missed the debate yesterday, you can watch it here.
* ABC 7 went with these two issues…
Tax returns and residency take center stage in a face-to-face meeting in the race for the U.S. Senate race in Illinois. Both Democratic incumbent Dick Durbin and Republican challenger Jim Oberweis appeared before the editorial board of the Chicago Tribune.
Durbin demanded proof that the Republican is an Illinois income tax payer. Oberweis’ wife lives in, and takes a homestead exemption in, the couple’s Florida house, making her a permanent resident there. The candidate says he still lives in Kane County.
Later, Oberweis would not guarantee he’d make his state return public, but insisted he does pay Illinois income taxes.
* Oberweis made good on releasing his returns…
Oberweis accused Durbin of lying and insisted he pays Illinois taxes. “If it’s an important issue, I will provide you the state income tax (forms),” Oberweis said.
Hours later, he landed a counterpunch by releasing his 2012 and 2013 Illinois state income tax returns. In 2013, Oberweis reported $1.726 million in total income and paid $61,739 in state taxes. He overpaid by $4,485, money that will reduce his 2014 obligation.
His 2012 state tax return reported almost $1.43 million in income and a tax bill of $60,871.
* After the debate, Oberweis pointed to another tax issue…
According to the Oberweis campaign, U.S. Senator Dick Durbin was caught lying today at the Chicago Tribune editorial board session when asked about his role in the IRS scandal.
In a press release, Oberweis said Durbin was asked unequivocally whether he or his U.S. Senate staff had ANY contact with the IRS during the IRS scandal other than the well-publicized letter he wrote asking the IRS to target Crossroads GPS on Oct. 10, 2010.
Durbin responded that there was no other correspondence.
Oberweis then produced an email from a Durbin staffer to an IRS staffer two days after the Crossroads letter. The email was first revealed by the U.S. House Committee on Oversight and Government Reform in its June 16, 2014 report titled, “How Politics Led the IRS to Target Conservative Tax-Exempt Applicants for the Political Beliefs.”
“Dick Durbin flat-out lied to the Tribune editorial board. This is important because we don’t know how deep Dick Durbin’s role was in the IRS scandal that he himself characterized as reminiscent of the worst abuses of the Richard Nixon era,” Oberweis said.
The brief e-mail, which is here, is from a Durbin aide. The Durbin campaign later responded to the Oberweis claim…
Durbin campaign spokesman Ron Holmes later dismissed the email’s significance, saying it was sent by Durbin’s staff to alert an IRS employee to Durbin’s already-disclosed letter a day after it was sent.
*** UPDATE *** Sheesh…
He thinks Evergreen Park is a black neighborhood?
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More new TV ads
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* Setup…
Today the Bobby Schilling for Congress campaign released a new satirical ad starring Congresswoman Cheri Bustos. In the ad, Bustos calls Mr. and Mrs. Taxpayer in an effort to explain why she broke her campaign promise to give up ten percent of her pay. As she begins to stumble through her explanation, the line starts “breaking up” before Bustos quickly hangs up the phone.
* The ad…
* Script…
“Uh, hi, Mr. and Mrs. Taxpayer? It’s Congresswoman Cheri Bustos. I know you think I owe you $34,000 because I said I would cut my own congressional pay by 10 percent. But times are tough, you know? Well, uh, I guess you do. Well, it turns out, um, I ‘misspoke!’ (crackle) Oh, I think we’re breaking up. Call you back after November. Vote for me!”
Heh, but meh - at least for me. Perhaps you disagree.
* From the House Majority PAC…
Title: “Shouting”
District: IL-12
Media market(s): St. Louis broadcast and cable
Start date: 9/30/2014
Amount*: $151,445
*Amounts are given in weekly increments and do not denote the total amount to be spent to air an ad for its full run.
* The ad…
Keep in mind that the only generic animal that polls worse than an incumbent congressman is an incumbent Illinois state legislator. Still, not sure this cuts through any noise.
* And in that same race, from the NRCC…
“Bill Enyart has sided with Nancy Pelosi in Washington voting to cut Medicare for seniors and allowing President Obama’s extreme agenda to destroy jobs in Southern Illinois. It’s time for real leadership in Washington and Mike Bost in Congress means security for seniors and more jobs for all Southern Illinois families.” – Katie Prill, NRCC Spokeswoman
* Ad…
* Script…
Announcer: For the middle class, Bill Enyart has been a bust.
He’s voted three times to raise the debt ceiling.
For seniors, Bill Enyart supported massive cuts to Medicare.
And Bill Enyart voted against curbing regulations that could kill jobs and cost Illinois’ economy millions.
Mike Bost will change Congress.
Mike Bost will fight job-killing regulations and out-of-control spending.
Mike Bost for jobs.
The National Republican Congressional Committee is responsible for the content of this advertising.
Cookie-cutter.
30 Comments
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Get ready for “Bloodtober”
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* Tribune…
The top federal prosecutor in central Illinois has given the green light for a panel of lawmakers to resume hearings into Democratic Gov. Pat Quinn’s anti-violence program that now could unfold only weeks before the Nov. 4 election.
U.S. Attorney James Lewis had asked a bipartisan state commission to hold off on talking to witnesses reviewing a critical state audit of Quinn’s Neighborhood Recovery Initiative. Auditor General William Holland scoured through $54.5 million Quinn poured into an agency handling that “hastily implemented” the program announced during the closing weeks of Quinn’s 2010 campaign for governor. […]
On Monday, Bloomington Sen. Jason Barickman, the Republican co-chair of the commission, and his Democratic counterpart, Rep. Frank Mautino of Spring Valley, went over the latest development with Lewis by phone.
“Mr. Lewis confirmed that he had no further requests of the commission,” Barickman said. “As a result, we plan to proceed with our scheduled hearing on Oct. 8” in Chicago. Mautino could not be reached immediately to confirm if that hearing will take place.
The only thing that can stop those October hearings now is if Chicago’s US Attorney, who is also conducting an investigation, asks for a delay.
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* DC outlets have reported in the recent past that the DCCC is abandoning a rapidly sinking Ann Callis. Larry Sabato piled on yesterday…
Reps. David Valadao (R, Calif.-21) and Rodney Davis (R, Ill.-13) ranked among the top Democratic targets in the country earlier in the cycle, but neither challenge has really materialized, and both races go from Leans Republican to Likely Republican.
Stu Rothenberg seconds that emotion…
In Illinois, Democratic challenger Ann Callis, a star recruit against Rep. Rodney Davis, has gone nowhere.
* But the DCCC is running a new ad attacking Davis…
The Democratic Congressional Campaign Committee is launching its first television ad in Illinois 13th Congressional District, highlighting how Congressman Rodney Davis shut down the government and kept his perks, like spending $40,000 at Washington, D.C. restaurants, a taxpayer-funded gym, first class airfare and lifetime Congressional health care.
* The ad…
* Script…
When Rodney Davis got to Washington, the sky was the limit for Congressional perks.
A taxpayer-paid health club.
Lifetime Congressional healthcare.
$40,000 at Washington restaurants, like meals with donors and lobbyists.
Rodney Davis even kept his own perks while shutting down the government.
Oh, and first-class airfare for members of Congress.
Rodney Davis cares more about first class than the middle class.
The Democratic Congressional Campaign Committee is responsible for the content of this advertising.
* Davis’ response…
Claim: “…a taxpayer paid health club…”
Truth: Rep. Davis pays for access to a gymnasium just like hundreds of other members of Congress, including the Chairman of the DCCC, Steve Israel. Additionally, since Congressman Davis does not live in DC and sleeps in his office when he’s there, the gym is his only access to a shower.
Claim: “…lifetime Congressional health care…”
Truth: Congressman Davis voted to stop Members of Congress for receiving taxpayer-funded health care for life. (Roll Call Vote #177, 4/10/14). Additionally, Davis and his family are enrolled in Obamacare, as Members of Congress are required to participate in the program.
Claim: “…first class airfare for members of Congress…”
Truth: The DCCC is taking a page out of the Ann Callis playbook, using an attack that political fact checkers have called “smarmy.” (Washington Post 5/5/2014). This attack received a Four Pinocchios rating by fact checkers…the worst rating possible.
Congressman Davis voted to ban first-class flights by members of Congress and have never flown first-class on the taxpayer’s dime. (Roll Call Vote #177, 4/10/14).
* I’m not sure of the actual network buy, but the Davis folks say the DCCC reserved 1,582 GRP this week in Springfield-Champaign, which was pegged at $210,444. The cable buy was $16,101.
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Today’s assignment
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* Our regular commenter “circularfiringsquad” is sometimes difficult to decipher. He’s not the greatest speller or grammarian in the world and his use of nicknames often makes it hard to follow what he’s trying to say.
But the commenter has been hammering away almost non-stop for weeks, perhaps months, on the “HomeBanc” story, which finally broke this week after Gov. Pat Quinn launched a new TV ad.
* The commenter has now moved on to a different page in the oppo book…
After the spectacular failure of the news organizations who knew about the Rauner HomeBanc scandal(at least3) let’s start the day with another venture Mitt has plundered as he prepared to bless us with his vision on we should be governed. How about Education Futures Group?
OK, how about it? Anybody out there wanna take a crack at looking into and then explaining Education Futures Group in comments?
* By the way, the Tribune wasn’t really impressed with the HomeBanc story…
Gov. Pat Quinn on Monday launched a new ad attacking a business deal of Republican challenger Bruce Rauner, though the dots the Democrat uses to attack the Republican don’t necessarily connect. […]
The equity firm Rauner formerly chaired, GTCR, partnered in 2000 to create HomeBanc Mortgage. While GTCR once held a majority stake in the firm, it reduced its holdings after a public stock offering, selling the last of its shares in September 2006, Security and Exchange Commission records show.
GTCR’s actions came just months before the sudden financial unraveling of the mortgage company in 2007 led first to the January firing of CEO Patrick Flood, followed by an August bankruptcy filing. But GTCR had no board members on the mortgage firm involved in its management since 2005, prior to Flood’s firing and severance, and the bankruptcy filing. Records show Rauner was not a board member of HomeBanc in the lead up to its public offering in 2004.
It could not be immediately determined how much GTCR earned from the sale of stock during the phase-out of its involvement with the firm.
* But the union-backed Illinois Freedom PAC took issue with a Rauner campaign statement from yesterday…
HomeBanc Did Very Little Subprime Lending. “HomeBanc says the concerns about borrowers’ ability to repay, particularly subprime borrowers, hurt the entire industry. And though HomeBanc did little subprime lending — less than 1 percent of the roughly $5 billion in loans it made last year were in that segment — nervous lenders that HomeBanc relied on to fund loans started retrenching. Wall Street investors who purchased pools of loans through the mortgage-backed securities also retreated.” (Peralte C. Paul, “HOMEBANC: Lender Had Little Margin For Error,” Atlanta Journal Constitution, 8/12/07)
* From the union PAC…
2000: Bruce Rauner And Ned Jannotta Joined The Board Of Directors Of Homebanc. “Kirkland & Ellis served as legal counsel to GTCR on its purchase of HomeBanc. And Jannotta and his partner, Bruce Rauner, will join HomeBanc’s board of directors.” [Daily Deal, 5/25/00]
2004: More Than 50% Of Homebanc Loans Were Interest Only. “A newer kind of “interest-only” mortgage lets home buyers cut payments even further. Borrowers pay no principal in the early years of the loan–a period that often stretches to 10 years. That trims initial monthly payments dramatically. Consider that same $200,000 fixed-rate loan, which costs $1,230 a month over 30 years. An adjustable-rate interest-only loan at 3.38 percent cuts that payment by more than half, to just $563 a month. At HomeBanc Mortgage Corp. in Atlanta, more than 50 percent of home buyers opt for an interest-only loan.” [Newsweek, 6/14/04]
After The Interest Only Period Ends, Borrowers Face A Big Jump In Payments. “They’d better know what they’re doing. After the interest-only period ends, borrowers face a big jump in payments. With interest-only loans it also takes homeowners much longer to build up equity; if housing prices fall, they could end up owing more than they own, especially if they put down a zero down payment. That’s one reason some pros think they’re a bad idea. “They’re a way to help people buy more house than they really should be buying in the first place,” says Dallas financial planner Bryan Clintsman. Mortgage companies admit borrowers need to be aware of the risks. Says HomeBanc senior VP D. C. Aiken: “If they go out and buy a new car because they’re saving $700 a month, that’s not a good thing.” [Newsweek, 6/14/04]
* And then there was this…
Homebanc “Started To Punish Georgia Homebuyers” By Raising The Cost Of Adjustable Rate Mortgages Because Of The Tough Consumer Lending Act. “Lenders also started to punish Georgia homebuyers. HomeBanc Mortgage Corp. — one of the state’s largest mortgage originators until it failed four years later — raised the cost of adjustable-rate, interest-only loans. Household Mortgage said it would not purchase any loans that were subject to the law. Other lenders stopped making FHA or VA loans because of vagueness in the law.” [Atlanta Journal Constitution, 4/29/13]
Homebanc Advised Georgia Governor Sonny Perdue To Dismantle Georgia’s Predatory Lending Law That Would Have Outlawed Abusive Loans Saying It Increased The Cost Of Home Loans. “A hungry and growing band of mortgage brokers circled borrowers with complicated loans offering payments that started low but quickly escalated, saddling homeowners with payments they couldn’t afford. Along with subprime loans, brokers hawked interest-only and negative-amortization loans. They offered no-money-down, no-documentation, no-job loans, anything to cinch the deal and entice their prey to the closing table. But when interest rates adjusted higher and housing values plummeted, many of those borrowers lost their homes to foreclosure, lowering the value of entire neighborhoods. Georgia’s predatory lending law would have outlawed some of those abusive loans, but it never got the chance. One of Sonny Perdue’s first acts as governor was to move to dismantle the law. In doing so, he followed the advice of companies such as Atlanta-based HomeBanc Mortgage Corp., which claimed the law’s liability measures forced it to increase the cost of home loans. At the time, HomeBanc blamed the increase on the New York investment bank Bear Stearns, which demanded a half-percentage-point premium for its loans because of higher liability risks supposedly associated with buying loans governed by Georgia’s predatory lending law. With Georgia now ranking third in the nation for mortgage loan delinquencies and 10th for foreclosures, neither HomeBanc nor Bear Stearns is around to advise the governor on what to do next. Both companies became early casualties of the real estate slump and the collapse of mortgage-backed securities.” [Editorial, Atlanta Journal Constitution, 10/3/08]
· With Homebanc’s Backing, The Georgia Fair Lending Act Was Gutted In 2003. “Four years ago, the Legislature bowed to bankers who complained that the state’s 6-month-old landmark predatory lending law was too harsh and was making it too difficult for consumers with less-than-perfect credit to buy homes. One of the most vocal critics of the original law was former HomeBanc CEO Patrick Flood. [Atlanta Journal Constitution. 08/10/07]
The Georgia Fair Lending Act Which Homebanc Successfully Gutted Could Have Protected Homebuyers And Protected the U.S. Economy From Collapse. This week, the Atlanta-based HomeBanc announced it is closing its mortgage loan business, making the company the latest victim of easy credit policies that courted riskier borrowers with loans that carried artificially low interest rates during the first few years and then shot up steeply. When the market was hot, mortgage companies weren’t concerned with whether borrowers had the financial stability to survive an economic downturn. After all, the capital markets were booming and mortgages were being bundled and sold to investors without much regard to risk. So when Georgia lawmakers — in a temporary flash of sound goverance — passed a law to rein in the flourishing subprime market and derail the Wall Street money train, the entire industry rose up in fury. The law permitted claims for unlimited damages against predatory lenders, allowing suits not just against the originating lenders but also against investors who bought mortgage-backed securities. In the short time before it was gutted, the law had no effect on Georgians seeking conventional home loans. Only those borrowers with credit histories suggesting they might have a hard time repaying the loans found it harder to get financing. Now the meltdown of the subprime market is affecting even the big names in the mortgage industry, such as HomeBanc. “We had a moment here in Georgia where we told lenders that they couldn’t lend without regard to repayment ability,” says William Brennan, an Atlanta Legal Aid specialist in mortgage abuses. “But instead the General Assembly gave aid and comfort to these lenders.” [Atlanta Journal Constitution. 08/10/07]
34 Comments
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Rate Quinn’s new ad: “Washington”
Tuesday, Sep 30, 2014 - Posted by Rich Miller
* The governor sure has a lot of new TV ads playing these days. The Rauner folks say the abundance of new spots demonstrates that Quinn is worried and is hoping something will finally work.
Anyway, from a press release…
In a new TV ad released today, the Republican mayor of an Illinois town devastated by tornadoes last November praised Governor Pat Quinn’s leadership in response to the deadly disaster, saying, “He is the right guy for the job. He is the right guy for Illinois.”
Governor Quinn worked with Mayor Gary Manier to provide a disaster relief and aid package to help rebuild Washington, Ill., and other communities devastated by the massive tornadoes.
“I cannot say enough, the love for central Illinois that Governor Quinn has and the respect that we all have for him,” Mayor Manier said.
“When natural disasters occur, we come together for the common good,” Governor Quinn said.
* Rate it…
* Script…
Mayor Gary Manier: “Gary Manier, I’m the Republican mayor for the city of Washington. 1,108 homes were devastated or destroyed.”
Governor Quinn: “When natural disasters occur, we come together for the common good.”
Mayor Manier: “I cannot say enough, the love for central Illinois that Governor Quinn has and the respect that we all have for him. State government under Pat Quinn’s leadership has helped us recover from this. I can’t imagine anyone else being in that seat during our devastation. He is the right guy for the job and the right guy for Illinois.”
* Whatever’s going on with the Quinn campaign, there’s little doubt that Simon Edelman, who produced both this spot and yesterday’s “Brookport” ad is most certainly hitting his stride. Longtime blog readers remember Simon’s stellar work producing online ads four years ago. He’s obviously made a successful leap to broadcast.
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