Posts tagged ‘Nancy Pelosi’

What’s the anti-Pelosi endgame?

by , posted on Wednesday, November 28th, 2018 at 1:46 pm

So, there’s this question a lot of us are asking ourselves: Why is Bill Foster doing this? Why are any of them doing this? What’s the endgame? I finally began to think I could see the logic, if you want to call it that, when I read something at CNN.com.

Clearly, the strategy has never been to challenge Pelosi in the Democratic Caucus. It’s to hold the line against her getting 218 on the floor, in hopes of creating a stalemate that ultimately forces Pelosi to withdraw from consideration, creating the possibility of a compromise candidate being put forth to end the crisis. But who? Steny? Maybe. He gets them where they want to go ideologically, which is to the right. But this little detail caught my Illinois-centric eye:

“‘It doesn’t seem like there’s an alternative as part of their strategy,’ said Rep. Cheri Bustos, an Illinois Democrat, who acknowledged that some Pelosi critics reached out to her to urge her to consider running for speaker.”
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IL-11: Foster’s Financials

by , posted on Monday, July 18th, 2011 at 7:30 am

I had a theory about why Bill Foster was running for Congress again, this time in the newly redistricted IL-11. It had to do with the fact that his terminal financial disclosure statement from his stint in IL-14 showed that he’s sold out of ETC (the company owned jointly with others, including his brother who ran the business) and his wealth at that time seemed to be locked up in a promissory note, in combination with the fact that his campaign essentially owed him a million dollars – i.e. he was a million in debt. To himself.

My theory was influenced as well by persistent rumors I heard at the time of Foster’s last campaign against Hultgren, that he was rather bored in Congress, would like to return to physics, etc, etc. Not rumors I had ever passed along as, so far as I could tell, they came from no one very close to him and seemed speculative at best. But I heard them frequently enough that I was surprised to hear he was interested enough in being in Congress to decide to run in IL-11. And then there is the lack of any staff as of his first new FEC filing of this campaign – not even a professional fundraiser.

So my theory was simple: Foster had decided to run to raise enough cash to pay himself back that million dollar loan to his campaign fund, and if he won, okay, but if he lost, well that would be okay too. Now I think that theory is simply wrong.
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