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Press

 

*************** PRESS RELEASE FOR IMMEADIATE RELEASE *****************

 

 

10/24/08 

CONTACT: RIC FARRAH

DONOVAN FOR CONGRESS

615.773.1702

ric@donovanforcongress.com

www.donovanforcongress.com 

Incumbent Backlash Gives Hope to Congressional Candidate

An economic crisis described by most as the worst since the Great Depression have frustrated voters looking to anyone but serving politicians.

Reaping the most from a developing anti-incumbent fervor is Gerard Donovan, 5th District candidate to the United States Congress, running against Representative Jim Cooper. Donovan’s campaign reports over a 300 percent increase in website traffic, emails and phone calls from angry constituents looking for more information.

According to Ric Farrah, Director of Communications at Donovan for Congress, people are genuinely upset with elected officials for doing such a miserable job and many blame incumbents for the litany of crises Americans are suffering with today.

“The volume of calls and emails are increasing daily as we get closer to Election Day. They all go in the same direction, they are mad as hell at government and want to know what Gerard is going to do about the bailout and gas prices”, says Farrah.

Donovan agrees, “The local political climate has moved from a Republican or Democrat race to a fire the incumbent race. I encourage everyone I meet to vote for the person and not just pull a lever for a (D) or an (R) this election. The only way we are going to succeed as a community or a country is to remove failed career politicians like Jim Cooper who contributes to the low approval rating of Congress. When Cooper had a chance to fix problems with the economy or energy he did nothing and he has also been dismal on immigration issues. Plan and simple, Jim Cooper is asleep at the wheel. The 5th District is mad and rightfully so”.

The campaign heard the disgruntled constituents and their website lists specific problems and solutions. The website also offers factual analysis, points a few fingers and proposes legislation that a Representative Donovan would support.

To find out more about the candidate visit www.donovanforcongress.com.

END

 

For Immediate Release

10/4/2008

CONTACT: RIC FARRAH

DONOVAN FOR CONGRESS

615.773.1702

ric@donovanforcongress.com

www.donovanforcongress.com

 

 

Bail-Out - Where Do We Go From Here? Letter to the Editors

By Gerard Donovan Candidate US Congress 5th District

 

Dear Editor:

 

I wish to calm fears of the 5th District and approach this crisis with some forethought and commonsense.  Despite what you hear, the United States economy is not collapsing and we are not doomed as a nation, nor will we be doomed if we the people refuse to bail out Wall Street.

 

We the people do not want to own nearly a trillion dollars worth of junk bonds.

 

Thank God for the members of Congress who heard overwhelming majority of their constituents and voted down the bailout proposal. Those members identified themselves as the members who put their constituents before special interest.  Those members need the support I will take to Washington.

 

Sadly, Jim Cooper cast the wrong vote. I’m truly disappointed in the Senate as well.  It's evident that both the House and the Senate held out a couple of days to include massive amounts of new pork before passing this taxpayer rip-off.

 

We need a market solution for this financial crisis not another government bailout scheme. Taxpayers throwing billions of dollars to those who created the problem will only postpone the problem.  As a nation we cannot fix this mess by going deeper into debt.

 

So what to do?

 

I support the plan being discussed to insure the subprime bonds/mortgages with an underlying FHA-type insurance. Government-insured loans will have an instant market all over the World, creating immediate and needed liquidity.

 

In order for companies to accept the government backed insurance they must rewrite any mortgage that is more than three months delinquent to a 6% fixed-rate mortgage. They must roll all back payments with no late fees or legal costs into the balance. This brings homeowners current and allows them a chance to keep their homes.

 

In addition, companies must cancel all prepayment penalties to encourage refinancing or the sale of the property to pay off the bad loan. In the event of foreclosure or short sale, the borrower will not be held liable for any deficit balance. FHA does this now.

 

This consumer protection will cost around 50 billion dollars, a far cry from the 700 billion dollars now proposed by Washington.

 

Secondly, I support removing mark to market accounting rules for two years on only subprime Tier III bonds/mortgages. This keeps companies from being forced to mark down bonds and mortgage back securities to under the market value of the homes held in collateral.

 

Finally, I support opening the flood gates on these securities by removing the capital gains tax completely. Investors will flood the real estate and stock market in search of tax-free profits, creating tremendous, and immediate, liquidity in the markets. As discussed in the plan, this move will be seen as a lightning rod politically because many will say it is helping the rich. The truth is the rich will benefit, but it will be their money that stimulates the economy. This will enable all Americans to have more stable jobs and retirement investments that go up instead of down.

 

No matter which market driven plan is adopted, managing this crisis will take leadership in the years to come; leadership that the people in the 5th District do not enjoy in Jim Cooper.  I am asking the voters in the 5th District to send me and these commonsense solutions to Washington.

 

 

Gerard Donovan

Candidate TN 5th District US Congress

 

###

 

 

DONOVAN FOR CONGRESS

FOR IMMEDIATE RELEASE

 

10/2/2008

 

For Additional Information Contact:

Ric Farrah

Donovan for Congress

615.773.1702

www.donovanforcongress.com

Top Dollar for Top Teachers

Candidate Gerard Donovan said, “For our students to gain the very best education they must be taught by top quality teachers.  Recruiting and retaining the best requires money.”  He noted some states offer salary incentives to national certified teachers thus attracting them from neighboring states that do not.  He added that those incentives come at taxpayers’ expense.

In proposing a method to attract top quality college grads to the profession he said, “In the first 100 days I am in congress, I will introduce legislation to exempt teaching earnings from income taxes for national certified teachers.  This is a win-win-win solution where kids come out on top and we get the best teachers who receive greater reward for their efforts without additional cost to the local taxpayers.”

###

 

 

Cooper Wrong on the Bail Out

 

by Gerard Donovan, Candidate for TN’s 5th District US House of Representatives

Once again Jim Cooper is wrong and votes with Pelosi and the left wing of the Democratic Party, not the people from Middle Tennessee who entrusted him to represent them.  Jim Cooper’s push and vote for the bail out bill which had no oversight and no help for the middle class of Middle Tennessee shows just how out of touch he is with the people he represents.  Jim Cooper votes again in favor of the rich and connected and does not listen to the voters in his district.  His recent vote, in addition to his votes to outsource American jobs, increase our taxes, and take “Under God” out of the pledge allegiance, shows he has lost sight of the values of Middle Tennessee.

I was and still am fundamentally against any type of bail out.  Having said that please understand that I also realize the impact this could have on our economy and would listen to the concerns of my constituents.  But this specific bill was wrong and did not include the necessary oversight or salary constraints and was an all or nothing bill.  I also believe doing what was proposed could have had the Fed coming back to the well in 6 months.  Finally, tacked on to this bill were several other financial initiatives, including bailing out the Automotive Industry retirement programs.

These facts, in conjunction with a recent statement made by Cooper’s wife about him preferring to teach rather than being in politics and represent the people of Middle Tennessee, solidifies the fact it is time for him to go.

 

 
 

Donovan Responds to Bail-Out Questions

9/30/08

PRESS RELEASE FOR IMMEDIATE RELEASE

CONTACT:

RIC FARRAH

DONOVAN FOR CONGRESS

615-773-1702

 

As the Republican Nominee for U.S. House of Representative in Tennessee’s 5th District I have received hundreds of emails asking me questions about the bail out.  I have responded to each of these emails today and felt it important to post a statement. 

In response to your questions regarding the bail out - I was and still am fundamentally against any type of bail out.  Having said that please understand that I also realize the impact this could have on our economy and would listen to the concerns of the 5ths constituents.  But this specific bill was wrong and did not include the necessary oversight, salary constraints and was an all or nothing bill.  I also believe doing what was proposed could have had the Fed coming back to the well in 6 months.  Finally, tacked on to this bill were several other financial burdens to the middle class, including bailing out the Automotive Industry retirement programs.  Jim Cooper pushed for the bailout bill with no oversight and no help for the middle class of Middle Tennessee.  Jim Cooper votes again in favor of the rich and connected and does not listen to the voters in his district.  His recent vote, in addition to his votes to outsource American jobs, increase our taxes and take “Under God” out of the pledge allegiance show he has lost sight of the values of Middle Tennessee. 

###

 

 

Jim Cooper Declines Debate

9/22/08

PRESS RELEASE FOR IMMEDIATE RELEASE

CONTACT:

RIC FARRAH

DONOVAN FOR CONGRESS

PHONE: 615.773.1702

ric@donovanforcongress.com

 

Jim Cooper Declines Debate

Nashville, TN - The only scheduled televised debate in the battle for the congressional seat held by Jim Cooper has been put on hold by debate organizer 14th District Metro Councilman James Bruce Stanley.  According to Stanley in an email sent to the Donovan campaign, there was lack of interest by the event cosponsors and no interest from the Cooper camp.

"It’s not surprising that Cooper refuses to debate," says Ric Farrah, campaign spokesman and press secretary.  "If you had his approval ratings and that of most career incumbents, would you want to face those who you claim to represent? This Congress, including Jim Cooper, has been asleep at the wheel."

According to Donovan, "Representative Cooper is doing what he does best; he's avoiding the issues and he is avoiding me. Jim knows the 5th District is upset with him and his do nothing approach to the three critical issues that face our district; energy, economy and immigration. It's in his best interest to run from a debate that he knows he can't win."

Donovan's campaign is a textbook illustration of grassroots. "Our campaign has come a very long way with only volunteer help and very little money," says Donovan. I'm blessed with some great people who are giving up an awful lot of their time to help me win Jim's seat and represent the 5th District. We are gaining recognition by just plain hard work; taking it to the streets."

The lack of campaign finances has resulted in some old fashioned tactics of running a campaign.  As Donovan calls it, "Taking it to the Streets," as referring to the Doobie Brothers’ rock classic. 

"That should be our campaign theme song," states Donovan, "because that's what we do.  Just like Fred Thompson in his successful bid for the US Senate traveling the state in his old pickup truck, we are going door to door in the district, riding the bus talking with people, standing on street corners with Donovan for Congress signs, and speaking at every meeting or gathering where we are invited, and even a couple where we weren't." 

Donovan, running as a non-partisan Republican, sports a sheepish grin, thinking back to a few Democrat functions he attended, mostly uninvited.  Most recently, he arrived at the Democratic Round Up fundraiser held at the Wilson County Democratic Headquarters, where they actually welcomed him and let him speak to the group.  "It was all in good fun," says Donovan, "they even put me in the dunking booth.  I agreed after doubling the price of the donation and insisting the money go to The Brooks House homeless shelter for women. I don't know exactly how much money I raised, but I did get awful wet.  There were a lot of Democrats lining up to soak me," laughs Donovan.

At the Wilson County Fair, Donovan visited the Democrat Party's booth to ask a stunned Jim Cooper for his vote. According to Donovan, Cooper declined to announce for whom he is going to vote.

While Donovan and his staff are having fun on the campaign trail meeting the 5th District, the candidate is a realist and knows he faces a formidable opponent as well as an uphill battle. When asked what he needs to win this election, his answer was simple.

"The voters in the 5th District harbor the same disappointment with Congress as the rest of the country. But even with the dismal approval rating of this do nothing Congress, I still need to reach out to more people and let them know they have a real alternative. The status quo approach to the Big Three issues clearly isn't working."

What Donovan refers to as the "Big Three", are the three main issues of the Donovan for Congress campaign; energy independence, economy and immigration. The campaign knows that Jim Cooper is going to pull out all stops and his wallet as Election Day approaches. Even though their polling indicates that momentum is swinging toward Donovan, the Donovan campaign knows they have the daunting task of raising enough money to counter the attack ads that the Cooper campaign will undoubtedly place in the final weeks prior to the election.

"Our campaign is designed to address the issues of which seventy percent of Republicans and Democrats can agree," says campaign spokesman Farrah.  "We would love some prominent people within the district of either political persuasion to step up to the plate and host a few fundraisers.  To be sure, unseating an incumbent politician is political but the issues we face now transcend politics."

Farrah goes on to say, "These issues cross the boundaries of Democrats and Republicans and affect all of our lives.  Jim Cooper and Congress, plain and simple, have not done an adequate job in addressing these issues. Many in my circle feel that government has caused most of these problems.  In short, we have found that even Democrats want real solutions to the crises all of us face and many have lost confidence in Cooper." 

Farrah adds, "As Gerard frequently points out, Jim is the 13th wealthiest representative in Congress and, as usual, Gerard is right. It will be nothing for Cooper to open up his wallet and buy enough media time in an effort to drown out our message. And frankly, I very much expect that to happen because as the economy crisis worsens, he and other incumbents are plummeting in the poles. The only way to counter Cooper's barrage of negative campaigning is to get on-the-air as well. In short, that takes money."

To find out more information or to contribute, visit www.DonovanForCongress.com. 5th District voters are even able to phone the candidate and speak to him on his personal cell phone at 615-818-9354.

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This site was last updated 10/27/08