Campaign pulls Ad–Clarifies misstatement
Sep 6th, 2010 by David Anderson
Because the Glen Urquhart campaign is dedicated to the truth, there were some ad revisions and the following letter sent to the Wilmington News Journal. Welcome to the only campaign willing to truth squad itself.
Mr. Walsh wrote a letter to the editor excoriating the Glen Urquhart campaign for using the term TARP in reference to the Wilmington Trust monies received from the taxpayers. The CPP money is part of the TARP system with the important distinction that it is not meant for banks that are in danger. We accept his technical correction even though published news reports in several publications used the term TARP monies. From the point of view of citizens without jobs and those over-taxed, it’s a distinction without a difference.
We are not trying to imply that Wilmington Trust is in any way in danger. We respect the institution and its workers. Cutting employees and taking taxpayer capitalization was the issue, not the strength of the institution. We apologize for any confusion.
We question Ms. Rollins decision to take 4 times her normal compensation while the non-management employees faced job cuts and the stockholders lost value. We also wonder why she did not oppose $31.5 million of executive bonuses at the same time shareholder’s stock value had dropped and the bank was having to layoff regular employees. Leaders lead by being the first to sacrifice.
Oh – so they lie BIG, then retract small……sounds like the same ole’ same ole’
It’s a shame Mr. Urguhart is too far out there for most of us, he makes a decent point about bumping up executive compensation at WT in spite of bad times. Were it not for the fact he claims to be channeling God and the Founders, he might have had a chance. A candidate’s religious beliefs are best carried with quiet dignity. Urquhart seems like a used car guy selling God.
No lie at all. It is all public record. Most of the literature reflected that as well, but there was a small slip one of the forums and I think in one interation of the calls. They were pulled and replaced, but it deserves clarification.
If the statement remained uncorrected, it would still be true.
The fact is that you are still talking about a program authorized under TARP. Public news sources refered to it as such, but TARP has a different public image than CPP.
There is not desire to give the slightest impression that WT is in anyway a troubled institution. Clarifiying it is something that we do gladly.
The point was as Think123 said the general attitude of give bonuses (31m) and take increased compensation even though the little guy is hurting. Mr. Urquhart believes to his core that is immoral. That is why he is so fundamentally animated about it. He believes that much of Government and corporate America has forgotten what leadership really is. That is a point he is willing to stake everything upon.
In the interest of full disclosure and the putting-your-money-where-your-mouth-is principle, will Mr. Urquhart release his own salary records as well as the median salary information of the employees of his various development companies on a year-by-year basis for the last 20 years?
Just so we can make certain that Mr. Urquhart never gave himself a bonus while cutting his employees’ salaries. Turnabout is fair play, after all.
No surprise that Glen Urquhart who also served proudly as the National Capital Planning Commissions chairman under BILL CLINTON, has picked up some campaign pointers from his other mentor.
It was Clinton who perfected the trick of throwing a LIE out there then retracting it. The retraction doesn’t matter once the LIE is told enough. And God knows that Glen Urquhart told this LIE over and over again.
A Reagan Republican? More like a Clinton wannabe.
Urquhart served in the Clinton administration????? There’s a tidbit you haven’t heard him trumpeting.
kenny j., be partisan all you want, but saying it took Bill Clinton is 1992 to perfect the politicians technique of throwing lies out there . . . . what prior to that it was all truth?
Glenn Urquhart says many confused things. First is was liberals are Nazis, then he goes telling the kids all over the state that the break up of AT&T was a miracle of de-regulation, when in fact it was Big Government intervention known as the Sherman Anti-Trust Law that forced private sector AA&T to dissolve. Now he’s confusing TARP with something else. Once you get past the loving God, Family, and Constitution this guy has a tough time with details.
He retracted the Nazis, retracted TARP, but never really did anything to fix the misinformation about the history of the cell phone revolution and AT&T. We want to get smarter, not dumber.
Remember it is not retracted. The fund is part of TARP. Most of the communications had doggedly avoided using TARP to avoid confusion. The idea is to make sure everything is consistent. Being clear is an advantage. The desire to be clear and above board is normally considered good. If someone gets something different than you mean, stop and clarify it. It is called communication.
The dates are on the resume and website. You act as if it is some revelation. The fact that he can do his job without partisanship regardless of his personal views is a plus.
Clinton came in 1993 not 92 and had quite a few holdovers for awhile because the administration was so incompetent in its first mistake prone year that it could not organize itself to fill the slots.
It’s a shame Mr. Urguhart is too far out there for most of us…
Get back to us Tuesday night.