Kryzan discusses the bailout plan
Today Alice Kryzan said:
“With tightening credit affecting consumers, homebuyers and small businesses, and bank failures affecting us here with Washington Mutual, the private largest employer in Orleans County being seized and sold to JP Morgan, the current financial crisis is real for the voters of the 26th Congressional District.”
“As I said last week, we must stabilize the situation quickly: to protect taxpayers from further harm, to improve financial regulation to ensure this disaster is not repeated and, put independent oversight in place to get the job done right. There needs to be a real bipartisan plan to stem the damage caused by the financial crisis. I demanded and will continue to demand a plan that would protect the taxpayers and homeowners of the 26th district and not bail out Wall Street corporate executives.”
“This is not about politics, but about finding a solution with sufficient oversight to protect the people in our part of New York.”
“I am committed to letting the working families of the 26th district know what I plan to do to continue to address these issues and how I will fight every day in Congress, create jobs right here, work to provide affordable, reliable health care and to turn this economy around.”
The campaign clarified for me that Kryzan would have voted for the Emergency Economic Stabilization Act of 2008 but that she would have fought for greater consumer protection even after its passage.
The campaign has also attacked opponent Christopher Lee for not releasing his position on the crisis:
“Chris Lee has made deregulating our economy a centerpiece of his campaign,” said spokesperson Anne Wadsworth. “Now that we’ve seen the disastrous result of continuing Bush’s failed policies, he has nothing to say. The people of this district need answers, not knee-jerk deregulation rhetoric.”