Here's today's run-down on the Congressional races: GOP candidates are on the defensive on the economic crisis in a big way -- and in their fumbling efforts to respond are digging themselves in deeper and deeper.Coleman Keeps Saying Government Could Net Huge Profit On Bailout Sen. Norm Coleman (R-MN) is defending his bizarre statement on Monday that the proposed $700 billion bailout for Wall St. could make the government a profit of 10 or 20 times the principal. "If you buy assets at close to fire-sale prices and the market stabilizes, you'll see an improvement in assets," Coleman said -- forgetting that this bailout is structured in such a way as to specifically avoid buying assets at fire-sale prices, and the securities being bought would be unlikely to return to their hypothetical maturity valuations.GOP Candidate's Staffer Uses Fake Name At Dem Candidate's Press Conference The press secretary for House candidate Cynthia Lummis (R-WY) has been caught calling into a press conference by Democrat Gary Trauner, using a fake name and identifying herself as a Trauner supporter so as to better asked a pointed question about the Dems' energy policies. This seat has been in GOP hands since the 1978 election, but Trauner's near-win back in 2006 makes this a very competitive race for the open race this time around. GOP Demands Dem Ad Against House Candidate Be Taken Off The Air The NRCC is demanding that Kentucky TV stations pull a DCCC ad accusing GOP House nominee Brett Guthrie of shipping jobs to Mexico that could have been done in Kentucky, saying the ad is false. The DCCC is standing by their claims of fact, with citations showing that some of Guthrie's factory work is outsourced to Mexican companies instead of being done in-house or through an American sub-contractor.Dems On Track For Senate Pick-Up In New Mexico CQ has changed its rating on the open New Mexico Senate race from "Leans Democrat" to much stronger "Democrat Favored." This seat has belonged to popular Sen. Pete Domenici (R)...
Here's today's run-down on the Congressional races: GOP candidates are on the defensive on the economic crisis in a big way -- and in their fumbling efforts to respond are digging themselves in deeper and deeper.
Coleman Keeps Saying Government Could Net Huge Profit On Bailout
Sen. Norm Coleman (R-MN) is defending his bizarre statement on Monday that the proposed $700 billion bailout for Wall St. could make the government a profit of 10 or 20 times the principal. "If you buy assets at close to fire-sale prices and the market stabilizes, you'll see an improvement in assets," Coleman said -- forgetting that this bailout is structured in such a way as to specifically avoid buying assets at fire-sale prices, and the securities being bought would be unlikely to return to their hypothetical maturity valuations.
GOP Candidate's Staffer Uses Fake Name At Dem Candidate's Press Conference
The press secretary for House candidate Cynthia Lummis (R-WY) has been caught calling into a press conference by Democrat Gary Trauner, using a fake name and identifying herself as a Trauner supporter so as to better asked a pointed question about the Dems' energy policies. This seat has been in GOP hands since the 1978 election, but Trauner's near-win back in 2006 makes this a very competitive race for the open race this time around.
GOP Demands Dem Ad Against House Candidate Be Taken Off The Air
The NRCC is demanding that Kentucky TV stations pull a DCCC ad accusing GOP House nominee Brett Guthrie of shipping jobs to Mexico that could have been done in Kentucky, saying the ad is false.
The DCCC is standing by their claims of fact, with citations showing that some of Guthrie's factory work is outsourced to Mexican companies instead of being done in-house or through an American sub-contractor.
Dems On Track For Senate Pick-Up In New Mexico
CQ has changed its rating on the open New Mexico Senate race from "Leans Democrat" to much stronger "Democrat Favored." This seat has belon