Christopher Shays for US Senate
By Rick Green January 12, 2012 If Linda McMahon thought the 2012 Senate campaign would be about jobs, job creation and more jobs, she might need to reconsider things. Fellow Republican challanger Chris Shays put her on notice today that he’s going to reprise 2010, when McMahon’s ties to the sordid soap opera of WWE [...]
By Neil Vigdor January 11, 2012 Former U.S. Rep. Christopher Shays is trying to strip Linda McMahon of her belt as the true job creator in the Republican race for U.S. Senate, saying McMahon’s record as former chief executive of WWE is rife with the tragic deaths of the very same wrestlers McMahon has made [...]
FOR IMMEDIATE RELEASE January 11, 2012 12:00pm Contact: Amanda Bergen Communications Director Shays for U.S. Senate 203-858-0828 amanda@shaysforussenate.com Stratford, CT – Today Christopher Shays, Republican candidate for United States Senate, said Washington’s actions are killing American jobs. As proof, he pointed to the decision by life insurance giant MetLife to shut down its residential mortgage [...]
In response to the indictments of 6 former top executives at government-chartered mortgage giants Fannie Mae and Freddie Mac, Shays said,
“These indictments are long overdue and raise the question why former Fannie Mae CEO, Frank Raines, was not included. Fannie Mae and Freddie Mac were a primary cause of the financial meltdown of 2008 and Americans are still suffering because of it.
These institutions were reckless and used their immense financial and government-ordained power to intimidate the financial markets and anyone or any institution that would stand in their way.
Fannie Mae and Freddie Mac spent a fortune hiring influential people to both lobby FOR them, and put others on their payroll to NOT lobby against them.
They were exempt from Sarbanes-Oxley and the Security and Exchange Commission (SEC) rules, regulations and oversight. As a result there was no accountability or transparency, which enabled them to cook their books and overstate their income.”
Shays raised a red flag about Fannie Mae and Freddie Mac as early as 2002, introducing legislation demanding oversight of the housing finance corporations and placing them under the SEC, like all other public institutions.
Two members of the Connecticut Republican Party have proposed a resolution to change how delegates to the party’s nominating convention identify themselves and seeks to discourage wealthy self-funded candidates from putting delegates on their payroll. Mark Pappa, a Republican State Central Committee member who introduced the resolution, said Tuesday morning that the resolution has merit [...]
The Republican State Central Committee is considering a resolution that aims to discourage wealthy self-funders from putting delegates to the party nominating convention on the payroll. The measure–which will be formally introduced tonight, although a vote isn’t expected until January–would encourage town committees to select delegates who are not being paid by a campaign. Delegates [...]
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