“No Man’s life liberty or property is safe while the legislature is in session”.

- attributed to NY State Judge Gideon Tucker



Monday, August 2, 2010

Alexi Giannoulias' Senate Race Woes In Illinois

A Wall Street Journal editorial two Fridays ago by Kim Strassel wonderfully detailed the woes of Illinois Democrat Senatorial candidate Alexi Giannoulias.

Alexi is running for Wonderboy's old Senate seat, and the First Rookie is campaigning for the youngster.

Trouble is, the rest of the Illinois Democrats aren't all that happy about this. Because of that bank thing.

You know, the problem with Alexi's family bank being shuttered by the feds. And Alexi being chief loan officer when the family's Broadway Bank,

"loaned millions to Michael "Jaws" Giorango, a convicted bookmaker, as well as other crime figures."

Apparently, loaning money to organized crime figure is okay as post-partisan politics for Wonderboy.

Alexi also mismanaged the state's college savings program as Treasurer.

My favorite aspect of all of this is CNBC's MIA behavior.

You see, for many months, beginning, I believe, back in the fall of '09, Alexi was the darling of CNBC's morning Squawk Box program. He would smile and preen as one of the country's youngest State Treasurers, crow about his innovative moves, and wink about running for the Senate. He was probably given this privilege at least monthly for several months running.

Suddenly, no more Alexi. I'm guessing these toxic revelations about his past, and perhaps the failing college savings program, soured the producers on the up-and-coming Wonderboy acolyte.

But, being good liberal media members, did CNBC turn around and investigate their former favorite State Treasurer?

Of course not! That would be impugning a hopeful Democratic Senate candidate, as well as themselves.

Far better to just go quiet and hope nobody noticed.

According to Strassel, downstate Republican Senate candidate Mark Kirk has raised $2.3MM to Alexi's reported $900K.

Maybe they're noticing all this in Illinois, after all.

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