Tuesday, October 26, 2010

Mary Jo Kilroy and the Heights of Hypocrisy

Congresswoman Mary Jo Kilroy would have you believe that she's the King Richard of anti-Wall Street crusaders. You may have noticed this when she mailed you--at your expense--a brochure titled "Cleaning Up Wall Street's Mess". The reality, however, is (as it always is with Ms. Kilroy) very different. A recent National Review Online article exposes her as "a profiteer from predatory lending and Wall Street speculation". Shocking!

As it turns out, Congresswoman Kilroy's portfolio included shares in Washington Mutual, the largest bank to fail in the crisis and in U.S. history. Luckily for her she sold her shares in 2008 as part of a series of transactions that brought her between $285,000 and $1,050,000 in personal wealth. The Congresswoman's financial disclosure form is mysteriously incomplete (notice the awkward blanks on page 15) leaving it impossible to tell exactly how much the Congresswoman profiteered from the bank her Democratic colleague Senator Carl Levin accuses of building "a conveyor belt that dumped toxic mortgage assets into the markets like a polluter dumping poison into a river."

Kilroy's WaMu involvement in the face of her public Wall Street hate-fest is but one of many instances in which the Congresswoman's rhetoric fails to meet with reality. In a recently produced C-SPAN profile of the Ohio 15th District, Kilroy decries the "poisonous atmosphere of the attack ads". From her statement one might think she is above such tactics. However, the reality is that Congresswoman Kilroy is one of the worst offenders when it comes to creating negatives ads. NBC4 recently slammed Kilroy for running an untrue negative ad that disgracefully alleged that her opponent, a decorated war veteran, is "for sale".

Kilroy has also reached the heights of hypocrisy in accusing Lt. Colonel Stivers of red-baiting in an ad that the Ohio Elections Commission has since found to have accurately portrayed her record of failure. While accusing Stivers of anti-Chinese fear-mongering Congresswoman Kilroy was herself running an ad inciting the same fears. Notice the Chinese characters in the screen capture below:

Kilroy's Red-Baiting Ad

However, while Kilroy has voted for legislation that used our tax dollars to create jobs in China Steve Stivers has not. Kilroy bases her claim that Stivers is pro-corporate tax loopholes and pro-shipping jobs and factories to China on the Americans for Tax Reform pledge below:
I, Steve Stivers, pledge to the taxpayers of the 15th district of the state of Ohio, and to the American people that I will: ONE, oppose any and all efforts to increase the marginal income tax rates for individuals and/or businesses; and TWO, oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates.
What magical thinking led Congresswoman Kilroy to read "shipping jobs... and factories to China" out of that is anyone's guess. Congresswoman Kilroy doesn't understand that the people of this district are smart enough to see through her lies. We're not objects to be manipulated.

One more week.

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