O’Donnell: Del. Corporation Laws Lax
Aug 18th, 2010 by Tennessee Walker
I have read this site’s article that was based on an American Spectator Piece that engages in the usual meandering speculation on the actions of Mike Castle. I will be dealing with the factual errors and speculative errors in this piece later. But there is something in the American Spectator article that all Delawareans of all political stripes should be concerned about.
In the American Spectator Article, the banks are blamed for a whole host of past and future problems. Spectator lays this at the foot of Delaware’s Incorporation laws. American Spectator expresses its disapproval of Delaware in this way:
“Because of its lax regulations and corporate governance laws, more than 50 percent of all publicly traded companies in the United States, including 63 percent of Fortune 500 companies have made Delaware their “legal” home, according to the state’s website. The same is true with the banking industry.
With that distinction of being corporation-friendly, Bank of America, JPMorgan Chase, Citigroup, Deutsche Bank and Barclays all have a major presence within the state and have considerable influence in the Delaware state legislature. However, these banks wield that influence beyond Dover and into Washington as well.”
In short American Spectator is taking the usual liberal approach that Delaware’s Incorporation laws are really bad and causing the corporate malfeasance that ruins our economy.
These guys could be writing for Delaware Liberal.
This wouldn’t be so bad but this trash Delaware approach has been taken up by and reinforced by our very own Christine O’Donnell. Here is Christine’s take on Delaware from Christine’s own newsletter.
“The American Spectator adds, “Because of its lax regulations and corporate governance laws, more than 50 percent of all publicly traded companies in the United States, including 63 percent of Fortune 500 companies have made Delaware their “legal” home, according to the state’s website. The same is true with the banking industry.”
Please help us disseminate this message by forwarding it to five or more friends and family members. Thank you for your incredible support!””
So Christine O’Donnell buys the notion that Delaware’s laws are lax regarding corporations. This is a position shared by Chuck Shumer of New York and other Liberal Politicians. I guess Christine would support the efforts of Shumer to have the Federal Government take over the Incorporation business from Delaware. (Shumer has legislation to do this.)
Of course since 20% of Delaware’s revenues comes from the Incorporation fees and franchise taxes this would mean huge tax increases for all tax paying Delawareans. Maybe there is a reason Christine O’Donnell does not consider this as being a burden to those who pay their bills and taxes.
So here are the questions for Christine O’Donnell.
If elected what do you intend to do about Delaware’s Lax regulations and Corporate Governance Laws????
Will you support the proposed legislation of Liberal Democrats that will strip Delaware of its role in Corporate Governance???
Do you really know anything about Corporate law in Delaware or were you just copying what you thought was a good line from American Spectator???
P.S. It seems great minds think alike. Halfway thru this draft I came upon this post from CATO at Delmarva Dealings. He saw what I saw and has only a slightly different take. http://www.delmarvadealings.com/2010/08/17/there-you-go-again-christine/
Another uninformed post by the Horse’s Ass.
The banks clearly were the pivot point of the 2008 meltdown along with an incompetent government. The new financial reform law is a waste of time so the banks are not our friends.
The Government won’t strip Delaware of its corporate law but if it enacts a Federal Code it will simply supersede it. The Feds won’t do out of principle but for tax money.
This post makes as much sense as Jud Bennett who endorsed Michele Rollins but in his email says he ‘endorces’ Michele. Nice spelling from such an opportunist.
Back to Michele, let them eat cake Michele took mucho cash from government sucking Wilmington Trust. No thanks.
Another question: If that’s what you really think, why aren’t you running for, say, the state Senate, where you could REALLY reform Delaware’s laws, from the inside-out? I’m sure Gary Simpson would love to have you.
TW
It appears that you have found another way to malign O’Donnell. It is getting sickening. Nice attempt but it doesn’t hold water, especially with your proven track record picking on her for personal reasons.
At this point, you are actually furthering her cause so keep it up.
“Delaware’s Incorporation laws are really bad and causing the corporate malfeasance that ruins our economy.”
Change one word in your summary to improve it.
“Delaware’s Incorporation laws are really bad and allowing the corporate malfeasance that ruins our economy.”
There you go.
wow TW…another baseless attack on O’Donnell from a Castle operative (which is ALL that you are)….
Delaware’s corporate laws ARE lax…so are our banking laws…and it has made Delaware the center of Americas corporate world. There are certainly benefits to these lax laws for Delaware but yes, the laws are lax and our corporate legal system benefits corporations. If that is what we want to be, that is fine but don’t put lipstick on this pig and try to call it a supermodel. Our lax restrictions on how banks conduct business (which by the way is in line with the Constitutional requirements for both State and Federal governments) is one reason why the banking system was allowed to go nuts and crash. Now, the lax restrictions aren’t the ONLY reason, and in fact, in a society with some morality left it’s likely that these lax restrictions would have had little to no effect on the system but when coupled with a loss of morality it was devastating.
Does Delaware get all of the blame for the bank collapse, NO. The banks of course deserve the brunt of the blame and the collusion of the Federal government, unions and leftist organizations who blasted banks and demanded riskier loans brought down the system. However, Delaware did not step in to restrict banks who were becoming increasingly skeevy in their lending practices.
You can argue that we have gotten major benefits from our lax regulations and corporate law structure and you can argue that law offices like Young, Conaway, Stargatt and Taylor have GREATLY benefitted from these positions but you can’t say that these laws and lack of regulations haven’t contributed to the current situation. I actually LIKE the way we do business in the state but I think we need a cultural shift in the country to continue this way. Greed, corruption, fraud, waste, abuse…all of these things are dangerous when coupled with a society that does not value morality. Further, when these corporations and law firms maintain such large control over the government of the state, WE THE PEOPLE are dangerously close to losing our government to these corporations and firms. We MUST keep them separate.
Plain and simple: take away Delaware’s corporate governance regime and you have just added a 5% sales tax and increased property taxes by 1,000%. There is no debate over this. Anyone who calls for interference of this nature in Delaware’s corporate laws will cost the state $1 billion in revenue every year.
So when you say that a certain law firm has benefited from these laws, you should know that WE ALL benefit from these laws.
Delaware has very little jurisdiction over bank lending. All of the agencies which fell down on the job were federal oversight agencies. Punishing every Delawarean in the wallet is the exact wrong choice.
More evidence that O’Donnell is just not ready for prime time.
What’s so lax about being exempt from taxes, being exempt from jury trials, and being allowed to charge unlimited interest rates? We should all have that deal.
Instead of arguing about whether corporations are persons, maybe we should consider whether people should have the same privileges as corporations.
Actually, the laxity that created the banking crisis came from the Federal level, not Delaware.
Delaware would certainly be more lax if it could, but the important regulations are in the hands of the Feds.
Because of its lax regulations and corporate governance laws…
Change this to:
“Because of its pro-business regulations and corporate governance laws…”
and you would agree with the article and with O’Donnell.
Although I am not sure what is so pro-business about stripping money out of consumer pockets to the point the economy tanks.
Delaware’s corporate laws ARE lax…so are our banking laws…and it has made Delaware the center of Americas corporate world.
Ever heard of the Delaware Court of Chancery? It’s 200+ years of corporate jurisprudence and consistency has garnered national respect, and is the primary reason why companies incorporate in Delaware.
Many states now have similar incorporation statutes- but, you can’t create 200+ years of court of equity precedence out of thin air. Which is why corporations still come to Delaware.
Note that I said primary reason, not only reason.
Christine O’Donnell chiming in on matters of finance? Really?
Just further evidence of the lack of any serious thought in O’Possum’s campaign and further evidence of why she would be a lousy legislator.
As to the alleged laxity of Delaware’s incorporation laws, how bout starting with the simply observation that the incorporation laws have nothing to do with actual bank regulation and financial regulation. The incorporation laws simply set up a framework for running a corporation. Most states now model themselves on Delaware to a large degree. It’s not the incorporation laws which are the problem. Moreover, as Rick correctly points out, Delaware’s Chancery Court is a very large reason why so many corporations are here.
In any event, O’Possum’s apparently uncritical acceptance of the anti-Delaware, anti-business skreed by American Spectator inidicates an absence of the critical thinking and analysis skills that one needs to be a successful legislator, let alone a United States Senator. But then again, her financial “issues,” her job “issues,” her college degree “issues,” and her campaign finance “issues,” already demonstrate a certain lack of basic skills that would indicate she is not ready for prime time and the U.S.Senate.
SF
Ramble on you Castle Sycophant
SF
Are you and TW twin brothers, you both want to put a liberal idiot in office. It makes a lot of sense, when a man doesn’t do a good job as a congressman, the both of you want to promote him to senator.
Wj, do you really think O’Donnell has any idea what she’s talking about? I’m talking about this particular issue, not everything.
Don’t forget that most if not all insurance and reinsurance companies are also incorporated in Delaware. That’s why the office of the insurance commissioner is so tremendously important for consumers in this state, much more than in any other one. We have a corrupt loser like Karen Stewart who just wants to line her and her cronies’ pockets, and we’re all paying for it in higher premiums. The same goes for other corporations incorporated here that get away with murder and gouge us just because they can.
Heh.
First, I didn’t know about Delaware’s chancery court and I’ll admit I don’t even know what a Chancery court is. I’m interested though and would like to know more.
I also know that Delaware is a beloved place from the years I worked as a temp for banks and such. They were all incorporated in Delaware and the prevailing wisdom was that this was a good thing. I just know we had to file all the stuff with the state of Delaware and I used to be amused at how clever such a small state was to make a name for itself by being friendly to corporations. But I sure didn’t understand the minutiae of it all.
And hell no I don’t think Christine O’Donnell understands all of this any better than I do. She’s jumping on it because the Spectator article lambastes Castle and, duh, she’s running against Castle.
I do not think that just because Christine is acting like…gasp…a political candidate, that she will get elected and start voting like a dolt on items that will hurt Delaware. I suspect she’ll do just like I’d have to do, and study up on Delaware corp laws, ascertain the good, the bad, the ugly and made a decision based on what she learns.
Two words…Barack OBama. If THIS guy is qualified I daresay Christine is qualified to be a senator.
I suppose it’s understandable that those so worried about O’Donnell would be hopping on the truck and jump up and down like monkeys about Christine O’Donnell but us morons out here in la la land smart enough to figure out that Mike Castle pees upon our feet whilst telling us it rains also understand that O’Donnell is on our side and we’ve got faith she’ll do the right thing.
Which is waaaaay more than Castle supporters could ever admit about their guy.
Even though O’Donnell’s conservative positions generally line up with my own, I wonder how serious a candidate she really is. All she does is take a crack at a U.S. Senate seat over and over. An earlier poster touched on this issue; if she’s so concerned about Delaware, why not try a more, let’s say, entry-level office, like state legislator? I’m loath to encourage career politician behavior, but why doesn’t Christine O’Donnell take a shot at an office she might actually be able to win for starters? Why keep banging her head against the Senate wall? Why not start smaller, build some credibility with the voters, then shoot for the big time?
My sentiments exactly- too bad, because Castle is very vulnerable.
Yet the Delaware GOP nominated her to run against Joe Biden, No?
This nonsense about starting small is a country club Republican thing.
If one has a burn in them that they’re destined to lead, I’m not convinced that starting as county dog catcher is the way to go.
It is, however, a legit criticism but seriously, at this point, with being nominated by a big party for a shot at Senator, you think O’Donnell should start over again for Keeper of the Wills and Froufrou?
As for Castle being vulnerable, and along the lines of the criticism of O’Donnell…well hell it’s not as if the Delaware GOP, especially the Sussex county brand, does anything to recruit and/or encourage future contenders.
They look for anyone with money, principles or not…witness Allen Levine who told the GOP to stuff it.
,
And Jan Ting? I know they must be proud of themselves over that one.
Look at how they treated Matt Opaliski!
This total lack of long term vision and the dependency on the rulling class of Bidens and Castles is exactly why folks want to go around all those barriers.
If one has a burn in them that they’re destined to lead, I’m not convinced that starting as county dog catcher is the way to go.
Nobody said anything about ‘dog catcher.’ But, it’s sort of hard to be elected to the U.S. Senate with no experience whatsoever.
Rick
Yes, Castle is vulnerable and that, my friend is an understatement. What scares me is that there is a very good chance he will win the primary and become our next senator.
He has shown by his actions and voting record the last few years that he is no conservative or even a moderate. Indeed, he has proven he is a liberal.
It is not a far reach in thinking to believe that if he is elected, he will vote almost exclusively with the democrats. Or better yet, even change his affiliation to democrat instead of trying to keep up his decaying image as a republican.
I’m really not trying to demonize the guy. I just want a person in the senate that is a true conservative.
Whether or not Christine has total knowledge of Delaware’s corporation system or not isn’t the real issue. The real issue is: Do we want a real conservative to represent us or do we want a liberal old man with a bad record at the Congressional level to spend the next four years having his “coming out party” as the democrat, he truly is.
Yes, I want a conservative. The problem is, we need one who at least has a snowball’s chance in hell of being elected.
Rick
Well I admit that Christine is a novice but she has heart and is not a quitter. She does know quite a bit. I’ve spoken to her, and the rest she can learn like all the other senators did, “on the job.”
As long as she sticks to her guns and does what she says she will do, she has my vote. Don’t vote for a loser like Castle. Take and chance on a real breakthrough and vote for her. She can definitely beat Coons in the general election if she wins the primary
“she does know quite a bit”????? C’mon. Everything about her past campaigns (and this current campaign) demonstrate how truly little she knows. She lost her house, couldn’t hold a job, can’t file basic FEC forms on time… the list goes on and on. Now she’s touting the American Spectator and its anti-corporate spin without apparently having done any research or engaged in any thought on the issue. And this is someone who you’re willing to put in the U.S.Senate because you think she can learn “on the job.” Heck, she hasn’t learned anything on the campaign trail.
Again, I understand the desire for someone more conservative than Castle, but find a candidate that the average voter can at least take seriously and has a real chance to win the general election.
Delaware’s Incorporation laws are an essential part of the state’s finances in that they provide almost 20% of the state’s revenues. In addition there are a whole host of private sector jobs that are reliant on Delaware’s position as the premier location to incorporate in the United States. There are many “incorporation services” businesses in Delaware according to a News Journal article in 2008 that employ thousands of Delawareans.
Beginning in 2008 legislation by liberals such as Senator Chuck Schumer were drafted to make incorporation a Federal Responsibility with the attendant fiscal windfall to go to the Federal Government. While Schumer’s motivation was a desire to see money diverted to a place he could spend it, he used the same anti-business language to describe Delaware one finds in Christine O’Donnell’s newsletter. The Delaware Congressional Delegation managed to stop this power grab at that time. The Schumer sentiment to mug this state for incorporation dollars is still out there.
Now for those who want to give O’Donnell a rookie pass. This is the third time O’Donnell has run for the U.S. Senate. One would hope that she would have done the homework necessary to understand the unique position that Delaware’s Incorporation Laws have in providing jobs for Delawareans and providing tax revenue to fund one fifth of the State’s budget.
The fact that she adopts the anti business rhetoric that gets liberals agreeing with her will give a reasonable person to pause.
Lastly, Banking is one of the most regulated industries in the nation. We have an Office of the State Bank Commissioner in Delaware, federal regulators, the Federal Reserve and even the Office of Civil Rights of the Justice Department.
These regulators have the statuatory authority that would supersede any Corporations by laws. Anyone who makes the claim that Delaware’s “lax” incorporation laws had anything to do with the Bank Financial meltdown probably also has a bridge in Brooklyn to sell you. Delaware’s Incorporation laws have been operating for a century.
Personally I’d like to see Castle retire and a guy like Wagner run in 2014. Always liked Tom Wagner, and he has experience in calling BS on ridiculous spending. Whether or not he could win I don’t know, but I think his election multiple times in a state like Delaware speaks volumes. The thing I’m worried about is Biden v2 in 2014, because that will monopolize that seat for a long, long time.
This nonsense about starting small is a country club Republican thing. PF
Name one conservative who walked in off the street to the US Senate with no political experience. If not impossible, certainly improbable.
Rick,
Christine has already run for Senator three times.
I don’t think it odd in 2010 that she’s running for Senator.
Obamer only served in the Illinois legislature a term or two, then got elected senator for a term…now he’s president.
But hey….lookit, DON’T vote for her.
I think she can do the job. I don’t think being a Senator is rocket damn science.
But I’m not a member of the Ruling Class and don’t know what I’m talking about.
Does it have to be a Delaware conservative???
If not…Al D’Amato…Fred Thompson…Bill Frist…Harrison Schmidt…
Admittedly a small number. All were men of remarkable accomplishment though in private life before running for the Senate. D’Amato and Thompson were highly respected attorneys. Frist was a pioneering transplant surgeon. Schmidt was the twelfth man to walk on the Moon.
Check me on this, but Christine O’Donnell’s accomplishments in private life do not measure up to the resumes of these senators. And even having a distinguished resume is not a guarantee of success. Schmidt was considered a poor senator on his best days.
“…highly respected attorneys..pioneering transplant surgeon…the twelfth man to walk on the Moon…”
Yeah, but O’Donnell stayed at a Holiday Inn Express…
Anti-Delaware Incorporation Law????
If Christine O’Donnell agrees with the American Spectator, then she sounds more like socialist Ralph Nader than conservative Glenn Beck.
Whether or not Christine has total knowledge of Delaware’s corporation system or not isn’t the real issue.
This is a BIG problem. A lot of us commenters on this blog depend on Delaware being the center of corporate law and banking. Without this, we would have 19.8% PIT, along with a lack of professional jobs, etc. I don’t even want to imagine what will happen to Delaware if a Federal Incorporation Law is passed.
And let me say that Delaware Liberal has been on the side of not putting all of our eggs in one basket. Yes, we could lose 20% of our revenue if the Feds superceded our laws. It is best to have a diverse economy than a new niche every 20 years.
I’m not as plugged into the DE political scene as some other posters here, but the only time I hear about Christine O’Donnell is when she makes her runs at the U.S. Senate. If she’s so committed to being a leader, then where is she in the off years? I’m not trying to bash her and I’m not saying that she necessarily has to do the start small routine, but when else does the average voter hear about her except for campaign season? Remember when Rev Chris Bullock was going to take a shot at Carper in the Senate primary a few years back? I’m not a Baptist or a Democrat but I still knew who Bullock was (lousy tipper BTW). Does O’Donnell make the rounds of political events on the regular basis? Does she show up to Tea Party events or give lectures to other right-leaning groups? How about starting her own political group/commentary site/non-profit? What is she really committed to: making a difference or just being a member of the U.S. Senate?
“And let me say that Delaware Liberal has been on the side of not putting all of our eggs in one basket. Yes, we could lose 20% of our revenue if the Feds superceded our laws. It is best to have a diverse economy than a new niche every 20 years.”
LG I think your stance is unrealistic and shortsighted but I give you points for consistency. Just what is your plan for cutting state expenditures if we lose this industry?
“Obamer only served in the Illinois legislature a term or two, then got elected senator for a term…now he’s president”
Pat are you really using Obama’s inexperience as a rationale for voting for Christine?
The Obama performance to date has convinced me inexperience is the last thing we should be lauding in a candidate.
Is Ms. O’Donnell really proposing that we throw the corporations and banks out of Delaware? Does she not know the 100+ year history of incorporating in Delaware and the jobs and revenue that it brings to the state? Not to mention the banks even though they are a mature business at this time. What businessman would vote for this craziness?
“Because of its lax regulations and corporate governance laws, more than 50 percent of all publicly traded companies in the United States, including 63 percent of Fortune 500 companies have made Delaware their “legal” home, ” , I’m sorry, but is there anything in this statement that is false?
“Lax” means loose, not rigid. You are hung up on this one word. Of course coporations come here because of the lax laws.
Since Christine O’Donnell has consistantly been a proponent of states rights and smaller federal intrution, I doubt that she would be in favor of a federal bill that would restrict Delawares ability to operate.
Some seem to be of a mind that if the party says so or if we can earn revenue from it, then it is okay. This is what has lead Delaware down the “gambling for revenue” road. Those who are in favor of expanding gambling use the excuse, “well if we don’t, then where will we get the revenue?” Some on this thread are using the same logic,” we can’t touch the corporate laws, because, where will we get the revenue?”
Maybe we can do both. Maybe we can correct the parts of the Delaware incorporation laws that lead to trouble, without totally driving away all corporations. We can adjust for any loss through spending cuts. Any true conservative would understand that we must cut spending. But of course the quasi conservatives that traffic their wares around here are only interested in party politics.
Sometimes, to be a real leader you must speak the truth, even when it is unpopular, this in my view is about integrity. It may be that Ms. O’Donnell has more of that than those who would attack her based simply on their love of party politics.
SF
We don’t have time to groom another conservative candidate before the election and you know it. You are just blowing hot air, as you always do. No substance, just hot air. I’m not buying your crapola.
You keep touting idea that you think will hurt O’Donnell in the eyes of the electorate so that your HERO, the superRINO, Mike Castle has a chance to beat her in the primary. I am not buying that either.
We’re stuck with either Castle or O’Donnell and you know it, so stop blowing hot air and nonsense.
Even with the baggage that you reiterate day after day, she is clearly a better candidate than Castle for the conservative republicans.
As I said before, since you keep using derogatory names for Christine in an poor attempt to degrade her candidacy, I will lower myself and respond in kind.
I have named Castle sycophants like yourself, “Sodomites” because Castle has been screwing conservative republicans in the backside for years.
How does it feel SF, to be called a name you probably don’t deserve, YOU SODOMITE!!!!!!!
Sooo….like I said…there’s no question that our loose regulations and our Chancery court which, let’s face it, is QUITE slanted in favor of business (perhaps rightfully so) is beneficial to the state….
The facts are the facts, the regulations are lax and Delaware’s unwillingness to do anything about the banks going berserk contributed to the financial mess.
As I’ve also said, IF our society still had a moral compass that didn’t point in circles we wouldn’t be having this conversation, but long ago when the libs started attacking the foundation of Capitalism and our Republic (God…religious devotion in general) we increased “the need for government to regulate”. This is precisely what they WANTED and what they think. I’m not saying I sign on to this exactly. I think we have an obligation as a state to protect our citizens as much as possible and so I do believe we should be making SOME strides to do that (as opposed to allowing the Federal government to do it).
The only RIGHT answer is a return to a moral framework where Capitalism is allowed to be the free and open system it is supposed to be. Plain and simple.
So far all I’ve heard is argument over what the benefits of Delaware’s system are to the state. There’s NO question about that. The question is….is it the RIGHT thing to do (or not do)?
I can’t wait for the primary to be over. Christine is inexperienced and Castle is a liberal. We all know that.
The key will be turnout in Sussex and Ken; a mid-term election is a golden opportunity for an enthusiastic electorate. Is there a groundswell of support for O’Donnell and vast disgust with Castle? Do the Tea Party/912 movements have the clout they think they have? Will good ‘ol boy conservatives in Sussex, who’ve never voted in their lives, actually show-up? If so, it will be manifest in the primary.
Rick
I agree that this will be a landslide turnout in Sussex and Kent and can only hope the Elephants turn out in large numbers in New Castle also. All we can ask is that people vote for the benefit of the country and not follow Good ol Boy politics.
I agree that this will be a landslide turnout..
I didn’t say there would be a ‘landslide’ turnout. I asked if there would be.
..and not follow Good ol Boy politics.
When I said ‘good ‘ol boys,’ I wasn’t referring to the old GOP hierarchy- I meant guys like the tradesmen and watermen of Kent and Sussex who tend to be conservative, but never vote.
Thanks for clearing that up.
I might add that I hope Frank and the rest are right. I can’t stand Castle.
We’ll see, it’s less than a month to the primary and I for one will be at my ED, as checker challenger and greeter.
This is an important primary. I believe as some others do, that if elected, Castle will pull a Specter on us and flip to the democratic side.
Maybe, but I doubt it. Don’t forget, Specter knew that he’d lose the Republican primary to Toomey- that’s why he switched parties. Of course, little did he know he’d end-up losing the Democrat primary to Sestak.
TW….I’m saying that if we can elect an inexperienced nobody to the presidency, then what’s the beef about Christine, who HAS….let me point out again…been nominated by the GOP to run for that office before?
Why do all you yahoos who keep going on about her inexperience forget this? Dag, your own party thought she was good enough for the office and now you mock us for thinking it too? Well yeah I know she only got the nomination because no one else wanted it and damn me for hoisting you hypocrites on your own petard but ADDRESS THIS MATTER PLEASE or maybe shut the hell up.
For you people to defend Castle, who we KNOW has yet to figure out if he’s a Democrat or a Republican for all of his experience, by pointing at O’Donnell like a pack of hyenas for her inexperience when she was YOUR nominee in 2008 makes every damn one of you look like the fools and idiots you are.
I’m thinking hey….O’Donnell, Urquhart…yes even ROLLINS…are all folk who think they have a leadership within them and they threw their hat in the ring. None of these candidates have any great prior experience for God’s sake.
Voters don’t think like the country club GOP. They don’t read resumes and cull through those who never served as Minister of Funny Walks. Voters listen to the principles underneath, the message. I’ve listened to O’Donnell on many occasions. She’s very loquacious, up to snuff on Conservative principles and, I’m thinking, she won’t vote for Cap and Trade, phony stimulus packages, fetal stem cell research….the crap the very experienced Castle voted for SO STOP CALL ME STUPID FOR FIGURING THIS OUT!
You country club GOP’ers who sniff at O’Donnell so disdainfully seriously, ought to climb down from that mount for a couple of minutes and breathe the musty air us mere mortals must breathe.
I’m saying that if we can elect an inexperienced nobody to the presidency..
He was a sitting U.S. Senator and former Illinois State Senator. That is not ‘inexperienced.’
However, he is a lousy president.
Like most conservatives, I am not concerned with O’Donnell’s lack of experience. But my guess is, moderate New Castle Republicans and independents throughout the state are.
“TW….I’m saying that if we can elect an inexperienced nobody to the presidency, then what’s the beef about Christine, who HAS….let me point out again…been nominated by the GOP to run for that office before?”
Pat These are 2 interesting issues you have raised. With your forbearance I am taking your 2nd point first. That is this. Christine was the endorsed Convention candidate in 2008. She barely beat out a very decent and Conservative Guy in Tim Smith of Seaford. Tim got into the race very late and she barely beat him at the convention. Like others I supported Christine. Certain “establishment” Republicans such as then Vice Chairman Vance Phillips spread the word that Christine could raise the funds for a multi million dollar campaign against Joe Biden due to her nationwide contacts. We were also told that nationwide figures such as Sean Hannity would make Delaware appearances if Christine were the Republican nominee. We were also told in the middle of the Campaign that Buzz Aldrin would come to Delaware for Christine. None of this happenned and in fact most of the DELAWARE volunteers from the 2008 campaign have deserted Christine. They have deserted her due to her unfulfilled promises.
Since then we have learned of the deficiencies of character that have caused Christine’s numerous financial problems. I know I had no clue of Christine’s issues in 2008 and Had I known I would have gone to Tim Smith.
All of this being said, I will say as one who supported Christine in 2008 that I and others in the Republican Party made a huge mistake. Now to repeat this mistake simply because most of us were uninformed in 2008 makes no sense to me. I see no reason to repeat a dumb mistake simply because I have already made a dumb mistake.
Pat, Regarding your first point, Why would anyone want to elect a total inexperienced candidate based on the fact that Obama was inexperienced. The damage Obama has done to this country is horrendous. Why elect someone who has an experience level below Obama???
Fair enough TW.
I’ll let you have the last word on the somewhat confusing issue of a 2008 GOP endorsement of O’Donnell.
As for espousing inexperience in a Senator based on an inexperienced president….lookit, no Senator has his or her hand on the nuclear button. No Senator singlarly declares war, passes a federal budget…on an on.
I fail to see how experience is beneficial to a Senator except perhaps in dealing with fellow Senators and maybe making verbal gaffes and such.
I ain’t buying, and neither are alot of us, that Mike Castle’s vast experience somehow makes him better as he might know better than to hint at a possible Buzz Aldrin appearance to be embarassed later but votes for such as Cap and Trade, fetal stem cell, questionable stimulus bills. I don’t believe that O’Donnell will vote for those things but if she does she’ll sure hear from me. I KNOW that Castle will likely vote for those sorts of things as he already has.
Duh.
But hey, keep touting that inexperience thing.
It goes over like a big fat lead balloon.
Obama’s got little experience and America elected him President. They fell for his Hope and Change thing. Like I been pointing out…voters listen to a message, not read a resume. You can argue that this leads to disaster and based on OBamer I’d agree, rightfully so.
With Castle versus O’Donnell…well we know what Castle will vote, now don’t we?
So Pat you are admitting that the Republican Convention endorsement of Christine should have no bearing on this race. This was my point 1. We can discuss the other issues in another venue.
To TW: I have read this newsletter and I think you are taking it out of context and cherry picking. The point was that Castle is being courted by the banking industry and he treats them very favourably because of the lax regulations that keeps them in Delaware. I quote from the email blast:
“Three of Castle’s top five contributors have been from the banking industry — MBNA Corp (acquired by Bank of America in 2006), Bank of America and Morgan Stanley. And 10 of his top 20 contributors were banking firms.”
I doubt that Christine is opposed to the lax regulation. She doesn’t say one way or the other. It’s a State issue.
You assume that the term “lax” is derogatory which is not the case or the point in this blast (if you read it entirely).
You are putting the cart before the horse. Castle’s financial policies(which have been good for Delaware) are beneficial to the banks, the banks see this and donate funds to help him get elected. It’d be like Planned Parenthood donating to somebody who is “Pro-Choice,” they aren’t buying the vote simply supporting somebody whose policies will be beneficial to them. It happens all the time.
[...] by democratgirl4christineodonnell in Uncategorized 0 My fellow blogger Tennessee Walker from Delaware Politics claims that Ms. O’Donnell opposes Delaware’s Lax Corporation Laws based off an email [...]
GeorgeC — see my elaboration on my blog.
This email blast actually had to do with Cap and Trade….which obviously TW failed to mention. It’s a complete misrepresentation and interpretation of the narrative itself.