John Boehner Was Paid By Morgan Stanley To Push For TARP With $112 Billion In Earmarks

Feb. 17, 2010 - PRLog -- “John Boehner accepted $13,300 from Morgan Stanley while he was pushing other Republicans to pass the Troubled Asset Relief Program,” claims Mr. Boehner’s challenger in the Republican Primary race, Eaton businessman Manfred R. Schreyer.

Schreyer points to campaign finance reports that show John Boehner indeed received $13,300 in contributions from employees and PACs directly associated with Morgan Stanley from October through December of 2008, the same time Mr. Boehner was promoting the passage of the HR 1424, also known as the Bank Bailout.

Schreyer says, “While Mr. Boehner has spent the past twenty years refusing to direct any federal funding back to the 8th District of Ohio, he promotes a special interest project on behalf of Morgan Stanley that was loaded down with $112 billion in earmark spending for other districts.”

“Mr. Boehner’s own ideological purity was nowhere to be found when he was telling other Republicans like Mike Pence (R-IN) to finance special interests like rum producers in Puerto Rico,” continues Schreyer, “It’s right there in the bill, read it for yourself. There’s over $100 billion in earmarked projects that had nothing to do with the bank bailout. How can John Boehner claim he’s against earmarks and then tell other Republicans to support these special interests? He’s out of touch with the needs of his district, and a hypocrite that doesn’t want to help the people in Southwestern Ohio. ”

Schreyer believes that John Boehner has abandoned the interests of the people in the 8th District, and is running against him on the platform of returning strength to the working middle class, better representing the district at the Federal level, and bringing projects and jobs to the area.

“This district needs representation that is in touch with the issues within the district, and right now that issue is job creation in the private sector, restoring the middle class incomes, and building strong local customer bases for small business,” Schreyer says.

For more information about his campaign, Schreyer can be reached through his campaign blog and website at http://www.imwithmanfred.com