“Frontline” Dems Know Where Corzine’s Money Is: In the DCCC’s Campaign Coffers
FYI, a similar version of this release below went out to the following districts: Tim Bishop (NY-01), Leonard Boswell (IA-03), Russ Carnahan (MO-03), Ben Chandler (KY-06), Gerry Connolly (VA-11), Mark Critz (PA-12), Larry Kissell (NC-08), Jim Matheson (UT-02), Mike McIntyre (NC-07), Jerry McNerney (CA-09), Bill Owens (NY-23), Gary Peters (MI-09), Kurt Schrader (OR-05), Tim Walz (MN-01)
NRCC Calls on North Carolina Democrat to Ask DCCC to Donate Disgraced Donor Jon Corzine’s Campaign Cash to Victims’ Compensation Fund
Washington — After being subpoenaed to testify before the House Agricultural Committee, disgraced Democrat politician and Democratic Congressional Campaign Committee (DCCC) donor Jon Corzine will say he does not know where over a billion dollars in his customers’ money went after making excessively risky Enron-style bets. However, Mike McIntyre knows where some of Corzine’s money went: into the DCCC’s campaign coffers. Since he is a main beneficiary of the DCCC’s “Frontline” program, McIntyre should step up and urge his leaders at the DCCC to give their contributions to the Corzine victims’ compensation fund, especially since the fallout from MF Global is hurting farmers and small businesses across the country and far away from Wall Street.
“Mike McIntyre would be demonstrating the worst kind of Washington hypocrisy as he stays silent and accepts the DCCC’s Jon Corzine contributions that were paid for with potentially-illegal, Enron-style bets at the expense of thousands of American families,” said NRCC Communications Director Paul Lindsay. “Will McIntyre dodge his responsibility like his disgraced Democrat benefactor Corzine, or will he take action and urge his DCCC leaders to donate their campaign contributions to the compensation fund for the victims of Corzine’s incompetence and greed?”
The DCCC has received $130,000 in donations from Jon Corzine. (CQMoneyLine, accessed 11/03/11)
The reach of Democrat donor Jon Corzine’s MF Global disaster and potentially-illegal activity even extends to the nation’s breadbasket:
“Those ramifications will be in focus Thursday when the House Agriculture Committee convenes a hearing on MF Global. The committee members have subpoenaed former MF Global Chief Executive Jon Corzine, who is expected to appear in what would be his first public appearance since the firm’s collapse due to his more than $6 billion bet on European debt. A spokesman for Mr. Corzine declined to comment Tuesday…”
“As one of the largest U.S. commodities brokers, MF Global served hundreds and perhaps thousands of farmers who use the commodities markets, often alongside insurance, to protect themselves against price swings in their crops in a process called hedging.”
(Jerry A. DiColo and Dan Strumpf, “MF Global Collapse Felt in Farm Country,” The Wall Street Journal, 12/7/11)But the Democrats’ “Wall Street guy” will have few answers in his testimony today:
“‘I simply do not know where the money is,’ he will say, noting that ‘there were an extraordinary number of transactions during MF Global’s last few days.'”
(Scott Patterson and Aaron Lucchetti, “Corzine: ‘I Simply Do Not Know Where The Money Is,'” The Wall Street Journal, 12/8/11)Since Mike McIntyre stands to benefit from Jon Corzine’s money while American farmers and small businesses are getting shortchanged by his risky Enron-style bets, McIntyre should urge his leaders at the DCCC to donate their contributions to the victims’ compensation fund. Otherwise, McIntyre would be demonstrating the exact hypocrisy that voters despise in Washington.