Press Releases

 

Entries in US Senate (865)

Friday
Aug082014

NHDP - Brown’s Reckless Attacks Backfire When He Condemns A Policy He Voted for in Massachusetts 

Brown’s Defense: I Was Duped!
 
Meanwhile, Fellow Republicans Turn Against His Divisive Immigration Rhetoric

 

 
Manchester, NH— Scott Brown's desperate immigration attacks are backfiring as he has been caught criticizing a policy he voted for as a Massachusetts State Senator. Brown defended his vote by effectively claiming he was duped into it, suggesting that he never even bothered to read the legislation, which was voted on separately. Meanwhile, members of his own party are turning on his divisive rhetoric with Fergus Cullen, former Chairman of the NHGOP, calling out Scott Brown for using immigration for his own political gain, saying "it’s a cynical play, and I’m disappointed in Brown for using this issue this way."  
 
“Scott Brown’s rhetoric has become so reckless that now he’s even attacking his own record,” said New Hampshire Democratic Party Communications Director Julie McClain. “The people of New Hampshire deserve better than Scott Brown’s ‘cynical plays’ that are solely intended to score him political points. They deserve a Senator like Jeanne Shaheen, who puts New Hampshire first and makes a difference for the state.”
 
Underscoring the cynical nature of Brown’s attacks is the fact that he penned an op-ed this week lambasting in-state tuition for illegal immigrants, all while conveniently ignoring his own record. As a Massachusetts State Senator, Brown voted to allow undocumented students to pay in-state tuition.
 
Brown has already taken aim at New Hampshire’s Republican Senator Kelly Ayotte who, along with Senator Jeanne Shaheen, voted for comprehensive immigration reform and increased border security.
 
When NECN noted Ayotte's support for comprehensive immigration reform, and asked Brown if would have supported it as well, he struggled to answer, muttering weakly, "Yeah, I, I, I, uhh, uhh, hard to say, but probably not." Almost a week later, Brown still couldn’t tell voters how he would’ve voted on the bill when he again hedged, this time in the Washington Times.
Thursday
Aug072014

Rubens For US Senate - FDIC & Fed Report: Taxpayers Still on the Hook for Next Bank Meltdown 

Brown and Shaheen Too Cozy With Wall Street Campaign Funders;

Voted for Failed Dodd-Frank Law

 

The too-big-to-fail Wall Street banks whose reckless practices nearly brought down the world financial system are bigger and riskier than ever and U.S. taxpayers are still on the hook for the next bailout, according to a report released yesterday by financial regulators.

 

The 2010 Dodd-Frank law protected the eleven largest banks from being broken up and required them to submit plans by which they could be safely liquidated in bankruptcy under another bank failure or financial meltdown scenario. Yesterday, the Federal Deposit Insurance Corporation and the Federal Reserve Board, charged with evaluating these plans, flunked all eleven plans. “[These plans] demonstrate little ability to cope adequately with failure without some form of government support. The economy would almost surely go into crisis,” said Thomas Hoenig, FDIC Vice Chairman.  Dodd-Frank failed to work, and in fact we are more vulnerable to an economic collapse than ever.

 

“Washington career politicians Scott Brown and Jeanne Shaheen are captives of their Wall Street campaign funders and voted for the failed Dodd-Frank law,” said Jim Rubens, Republican candidate for U.S. Senate.  “Brown and Shaheen voted to stick taxpayers and the entire US economy with the tab for the next financial meltdown.”

 

Rubens further stated: “While Dodd-Frank fattened Brown and Shaheen’s Wall Street campaign funders, it hurt New Hampshire home buyers and New Hampshire’s small business economy. Caught in the net of 30,000 pages of pending Dodd-Frank regulations, New Hampshire’s community banks and their small business and home buyer customers are less able to make and obtain loans. Wall Street banks can afford the $1,000 an hour lawyers to manipulate the regulatory process; New Hampshire’s small business community cannot.

 

“It’s time for a Senator who will unconditionally take sides with New Hampshire and act in the interest of a prosperous and stable economy and middle class jobs here in New Hampshire.”

 

Scott Brown used his influence as former U.S. Senator, not to protect taxpayers, but to allow Wall Street banks to continue operating with dangerously high leverage ratios, while collecting almost $3.4 million in Wall Street campaign cash.  During his campaign here in New Hampshire, Brown refused to give back money he tookfor giving a speech at a Las Vegas hedge fund convention.

 

Jeanne Shaheen's too cozy relationship with Wall Street banks and finance is evidenced by her having collected nearly $1 million from these sources during her Washington political career.

 

In his press statement, FDIC’s Hoenig notes that, compared with 2008 prior to the financial meltdown, the big banks are “larger, more complicated, and more interconnected … and continue to combine commercial banking, investment banking, and broker-dealer activities”; carry 30 percent more potentially disruptive and difficult to unwind cross-border derivatives;  continue to rely for capital on volatile wholesale funding sources; and remain “excessively leveraged” with capital ratios nearly twice those of conventional banks and nearly as high as prior to the meltdown.

 

Thursday
Aug072014

Rubens For US Senate - Brown and Shaheen Too Cozy With Wall Street Campaign Funders

 The too-big-to-fail Wall Street banks whose reckless practices nearly brought down the world financial system are bigger and riskier than ever and U.S. taxpayers are still on the hook for the next bailout, according to a report released yesterday by financial regulators.

The 2010 Dodd-Frank law protected the eleven largest banks from being broken up and required them to submit plans by which they could be safely liquidated in bankruptcy under another bank failure or financial meltdown scenario. Yesterday, the Federal Deposit Insurance Corporation and the Federal Reserve Board, charged with evaluating these plans, flunked all eleven plans. "[These plans] demonstrate little ability to cope adequately with failure without some form of government support. The economy would almost surely go into crisis," said Thomas Hoenig, FDIC Vice Chairman. Dodd-Frank failed to work, and in fact we are more vulnerable to an economic collapse than ever.

Washington career politicians Scott Brown and Jeanne Shaheen are captives of their Wall Street campaign funders and voted for the failed Dodd-Frank law. Brown and Shaheen voted to stick taxpayers and the entire US economy with the tab for the next financial meltdown.

While Dodd-Frank fattened Brown and Shaheen's Wall Street campaign funders, it hurt New Hampshire home buyers and New Hampshire's small business economy. Caught in the net of 30,000 pages of pending Dodd-Frank regulations, New Hampshire's community banks and their small business and home buyer customers are less able to make and obtain loans. Wall Street banks can afford the $1,000 an hour lawyers to manipulate the regulatory process; New Hampshire's small business community cannot.

It's time for a Senator who will unconditionally take sides with New Hampshire and act in the interest of a prosperous and stable economy and middle class jobs here in New Hampshire.

Scott Brown used his influence as former U.S. Senator, not to protect taxpayers, but to allow Wall Street banks to continue operating with dangerously high leverage ratios, while collecting almost $3.4 million in Wall Street campaign cash. During his campaign here in New Hampshire, Brown refused to give back money he took for giving a speech at a Las Vegas hedge fund convention.

Jeanne Shaheen's too cozy relationship with Wall Street banks and finance is evidenced by her having collected nearly $1 million from these sources during her Washington political career.

In his press statement, FDIC's Hoenig notes that, compared with 2008 prior to the financial meltdown, the big banks are "larger, more complicated, and more interconnected ... and continue to combine commercial banking, investment banking, and broker-dealer activities"; carry 30 percent more potentially disruptive and difficult to unwind cross-border derivatives; continue to rely for capital on volatile wholesale funding sources; and remain "excessively leveraged" with capital ratios nearly twice those of conventional banks and nearly as high as prior to the meltdown.

Thursday
Aug072014

NHDP - WMUR & HuffPost: Brown Now Rails Against Immigration Policy He Voted For in Massachusetts

WMUR: Brown once voted for in-state tuition for those in US illegally, now campaigns against it


“On Tuesday Republican Senate candidate Scott Brown wrote an editorial in the New Hampshire Union Leader arguing strongly that those in the country illegally should not pay in-state tuition at public colleges and universities. However in 2004 as a Massachusetts state Senator he voted for making that very idea possible.
 
"Brown’s campaign said that, in effect, he was duped into voting for a late-night budget amendment along with others who oppose the idea." 


Huffington Post: Scott Brown Attacks Immigration Reform He Once Voted For
 
“New Hampshire GOP Senate candidate Scott Brown has been making immigration into a key campaign issue, attacking Sen. Jeanne Shaheen (D-N.H.) on border security in an ad and criticizing President Barack Obama for falling down on the job in an op-ed. But he has found himself in a bit of a bind, since one of the reforms he's campaigning against is something that he once voted for."
...
"The Brown campaign did not return a request for additional comment from The Huffington Post explaining the late-night duping..." 
Wednesday
Aug062014

Rubens For US Senate - Rubens Turns Up Heat on Shaheen's Support for Syria Bombing War 

Yesterday, Jim Rubens, candidate for U.S. Senate, visited with youth leaders from Russia, Ukraine, Poland, Turkey and other countries in the region to talk about American foreign policy.  The meeting titled "Advancing Youth Engagement and Leadership", was held at Southern New Hampshire University and covered in today's Union Leader.  Syria was a major topic at the meeting.


Rubens, who has been critical of Jeanne Shaheen's September 4, 2013 vote to rubber stamp President Obama's Syria bombing war, stated that direct US military engagement in Syria would entail deployment of American boots on the ground. Shaheen is now trying to say that the war resolution would not have required American combat forces on the ground.

 

"For Jeanne Shaheen to say that her Syrian bombing war would have required no boots on the ground is patently false," said Rubens.

 

As reported in the New York Times, the Pentagon had clearly informed the Obama Administration that, if the Assad regime were destabilized by a bombing campaign, 75,000 American ground troops would be required to maintain control over Syrian chemical weapons stockpiles and to prevent rebel and jihadi forces such as Hezbollah or ISIS from gaining access.

 

 

Rubens further states:

 

"It is clear that, much like her vote for Obamacare, Jeanne Shaheen either did not understand what she was voting for or is misleading the American people regarding the consequences of her vote.

 

“Jeanne Shaheen’s bombing war would have degraded U.S. national security, killed and maimed more innocent women and children, increased regional instability and sectarian killings, and sucked America into another Middle East military quagmire without an endgame.  We now also know that weakening al-Assad via the Shaheen-Obama Syria bombing war would have strengthened ISIS.  Further, Jeanne Shaheen’s vote for this war sends a message to the world's despots that it is acceptable to starve and bomb your own citizens using conventional means, just so long as chemical weapons are not used.”

 

To learn more about Jim Rubens' positions on foreign policy, visit www.jimrubens.com/issues.

Page 1 ... 3 4 5 6 7 ... 173 Next 5 Entries »