Tuesday, September 30, 2008

Meet Bill Durston (D-CA), A Democrat Who Wants To Rescue The Real Victims Of The Bush Economic Miracle, Not A Bunch Of Wall Street Predators

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The Bush Regime's plan to stave off what Bush insists is systemic economic catastrophe hasn't been sufficiently explained to Congress or the American people. Instead they tried shock and awe. That's why it failed yesterday. We've attacked right wing goons like John Shadegg (R-AZ), Darrell Issa (R-CA), Michele Bachmann (R-MN), Ileana Ros-Lehtinen (R-FL), Mean Jean Schmidt (R-OH), Charlie Dent (R-PA), Dave Reichert (R-WA), Robin Hayes (R-NC), Scott Garrett (R-NJ), Ric Keller (R-FL), Michael McCaul (R-TX), Joe Knollenberg (R-MI), Tim Walberg (R-MI) for irresponsibility when they voted NO, at the same time we were praising solid progressives like Donna Edwards (D-MD), Carol Shea-Porter (D-NH), Hilda Solis (D-CA) and Pete DeFazio (D-CA) for having the foresight and courage to vote NO. They are introducing legislation today to improve the bill and make it a bill to rescue the real victims of the Bush Economic Miracle. (Of all these suggestions from progressive economists, Brad DeLong's is the best.)

Bill Durston is a decorated Marine combat Vietnam Veteran who volunteered to serve his country at the height of the Vietnam War. His opponent Dan Lungren, now a far right extremist and Bush rubber stamp, tried everything to avoid serving in the military and his daddy (who was Nixon's personal doctor) got a 4-F medical deferment for him so he could avoid going to war (even though Lungren was all gung-ho about it). Lungren is still a true "chickenhawk" today as he continues to oppose any timetable for the withdrawal of US troops from Iraq. Bill's position on Iraq: "As a U.S. congressman, I will not vote for any further funding for military operations in Iraq that is not tied to a prompt, orderly, and complete withdrawal of U.S. forces."
 
Bill's an Emergency Room Physician in Sacramento and has lived in the 3rd Congressional District for over 25 years. Bill is the past President of the Sacramento Chapter of Physicians for Social Responsibility. 
 
Bill ran for Congress against Dan Lungren in 2006 and lost to Lungren by nearly the same percentage as McNerney lost to Pombo in McNerney's first run for Congress (2004). The congressional districts also had nearly the same voter registration percentages. In 2006, the Republicans had a nearly 7% voter registration advantage in the 3rd CD. Today it has been cut nearly in half at about 3.5% with 18% Declined-to-state. This is definitely a winnable district if we are able to get the word out about Bill.
 
The Democratic presidential candidates received over 7,000 more votes in the Feb. primary than the Republican candidates did in CD3. The voters of the 3rd CD have voted for candidates with "Democratic" after their name before (Feinstein won this district in 2006) and we believe they will do it again for both Obama and Durston in November!
 
Yesterday, Lungren voted to give $700 Billion dollars of taxpayer money to the financial industry with almost no oversight or accountability.  It just happens that Lungren has taken over $475,000 from the Banking/Finance/Insurance/Real Estate industry over the last 3 campaign cycles. Do you wonder why he wants to give them free money?  Bill opposes the free giveaway to Wall Street.. This is the OpEd Bill wrote about the bailout plan last week. Last night we asked Bill to explain his position on the Bush Regime's proposal and tell us why solid progressives are opposing it.


Solving the Financial Crisis-- First Do No Harm
 
By Bill Durston, M.D.



Representative Dan Lungren, a career politician in virtual lock step with the Bush-Cheney Administration, voted as expected on HR 3997, the $700 billion bailout for Wall Street-- against the interests of his constituents in California’s 3rd Congressional District, and in the interests of his wealthy corporate donors. Having taken $25,000 in contributions from the American Banker’s Association Political Action Committee since 2004, Lungren’s “Yes” vote on the Wall Street bail out came as no surprise.
 
Lungren had previously voted against the Shareholder Vote on Executive Compensation Act, to give shareholders a vote on multi-million dollar “golden parachutes” for corporate CEO’s, and against the Credit Cardholders’ Bill of Rights Act, to require credit card companies to give cardholders fair notice before increasing interest rates.

I have publicly opposed the Wall Street bailout. As an Emergency Physician I can see an analogy between the practice of medicine and the practice of government. The $700 billion bailout plan violates the principle of “First, do no harm.” Increasing the national debt by another $700 billion will further reduce the value of the dollar, worsen inflation, and put the federal government itself at greater risk of bankruptcy.
 
Another principle in the practice of medicine which should also apply to government is that of informed consent. Before undergoing a major operation, a patient has the right to an objective discussion of the risks, benefits, and alternatives of the proposed surgery. In the case of the bailout for the financial industry, we’ve heard very little from economic experts about the risks, a very vague discussion of the benefits, and virtually nothing about reasonable alternatives.
 
I certainly don't advocate that Congress sit idly by during the financial crisis. Instead of bailing out financial institutions that engaged in corporate greed and unsound business practices, the government should provide more help to honest people who were victimized by predatory lending practices, reinstitute sensible regulations on the financial industry, and look at other ways to rebuild the American economy, including redirecting the massive human and financial resources that are being wasted on war toward more constructive uses.

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Bill was just added to the DownWithTyranny ActBlue page today, only the third candidate this cycle. The first 20 contributors this week of at least $20 will get a thank you note from DWT with Quixotic, the two-disc new CD release by Matt Keating.

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