Sign in to wowOwow

Enter the email address that you used when registering at wowOwow.
The password field is case sensitive. Click here if you have forgotten your password.

Please register for wowOwow

Newsletter subscriptions
Sign up to receive wowOwow's weekly newsletter and get our best picks delivered right to your inbox. Our newsletter content is hand-picked by the wowOwow editorial team and provides the top features, news, and commentary from our site. Subscribing to our newsletter is free and safe. We will never share your email or other information with a third-party without your direct consent.
By registering, you indicate that you have read and agree
with our privacy policy and terms of service.

Politics | 01/14/2009 4:00 pm

Stimulus Bill Puts Carolyn Maloney in Hot Seat, Not Senate Seat, by Liz Peek

Liz Peek catches up with U.S. senatorial hopeful stuck between Obama and angry voters
By Liz Peek
© Getty
Maloney seems to view the distribution of more funds as a necessary evil. In this she is having to trust those who pretend to know what the right solutions are. “We have heard from economists that the stimulus package that we are working on, which is roughly $800 billion, may not be enough to stabilize our economy long term … all I can say is I’m not an economist – the economists are calling for it.”

As to the efforts by Barney Frank to crack down on those receiving government assistance, Maloney shares voter outrage that the first $350 billion distributed by the Treasury has had so little oversight.

“When you have banks getting a lot of money and you see them buying roads in Spain, banks in China, doing mergers and acquisitions and people in my district telling me they can’t get their line of credit, they can’t get a loan, their commercial loans aren’t there. We need to compare the record and see who is actually putting the money back into the economy. If a bank is only taking the money and investing in China than I would argue that taxpayers should no longer give money to that bank. It’s really in response to American taxpayers who want to know — where did the money go? All we see is big banks getting bigger, buying more banks. It’s a means of tracking who’s doing the job to help the economy and who’s not.

In the end, will Maloney and her colleagues get the job done, and pass the bill?

“We have difficulty with it now. We’re trying to make it bipartisan; we want to get at least 60 Republican votes. I believe it will pass because it is the top priority of President-elect Obama. Every single economist, both conservative and liberal, who has testified before our committee has been calling this the Great Recession because they believe it will be longer and deeper than any recession since the Great Depression, and it requires solutions that address the magnitude of these economic woes. We’ve taken numerous steps to buffer it, but we need to do more.”

Maloney may also need to do more to win the Senate seat. Like spice up her conversation with a few well-chosen “you knows” for instance.

14 Reader Comments (so far…) Sign In or Register to comment

A Villager
It is not surprising that Maloney is temporizing on supporting Obama’s recovery package. Her cowardice in the face of the anti-tax crowd is legendary in political circles. In 1992, Maloney abandoned Democrats in the hard-fought, party-line passage of the first Clinton budget. The most important vote of that generation, the passage of the bill is the reason that the Federal budget was finally balanced, the long boom of the 90s launched, and the idea of government redeemed with the public. As the hard-right tried to strangle the Clinton administration in its crib, more courageous women and men (Pennsylvania’s Marjorie Margolies-Mezvinsky, for instance) literally sacrificed their careers to ensure the passage of the critically needed bill. Newly representing a safe, overwhelmingly Democratic district that supported the President and the plan, Maloney worried about her donor base and abandoned her colleagues. Since then, her record on economic and tax matters has been more attuned to tony Republican suburbs than the interests of her constituents in Astoria or the lower east side. This could be a benefit should she get the Senate appointment as she will need to carry more conservative parts of the state than her NYC base. And it is not at all clear that the bully attack politics of her camp (Almost every assault on Kennedy originated with her supporters, from questioning of her ties to the Mayor to J-Lo.) has hurt her in the least in the rough and tumble world of New York politics. Maloney might yet be a Senator. But if she is, it will be because of her political street-fighting ruthlessness, not her mixed and mediocre record as a public servant.
By A Villager on 01/14/2009 5:32 pm
DeBúrca obj
Sounds like a Blue Dog Democrat to me. We have a couple of them here in Illinois. Melissa Bean comes to mind.
By DeBúrca obj on 01/14/2009 7:01 pm
phyllis Doyle Pepe
Oh, oh, guess we know where you stand on this issue by your last sentence. Maloney does sound like someone who should be considered for that Senate seat––capable, experienced, a dogged fighter, etc. If I were in her shoes I’d be spitting nails at the prospect of Kennedy getting that position. But, if she does, it’s only for two years and then there will be an election and Maloney can get out there and fight without once saying, “you know.”
By phyllis Doyle Pepe on 01/14/2009 5:36 pm
ben olanski
Sounds like A Villager up above has what my friends call “Irish Alzheimers” - you forget everything but the grudges. Your central complaint is one vote from 1993? Did you notice the calendar? Maloney’s Credit Card Holders Bill of Rights is being taken up by the new Democratic Senate - the “tony residents” of the East Side - bankers - don’t like this so much - I watched her once on C-span just take apart that GOP moron Michelle Bachmann - better known as the Sarah Palin of the South. And about her ties to the Mayor - perhaps a person who calls themselves “A Villager” should read the current article in the Village Voice about all that. The behind the scenes stuff with Bloomberg and the Kennedy operatives - is pretty ugly.
By ben olanski on 01/14/2009 6:21 pm
Deni G
Maloney authored and helped secure the enactment into law of a measure to provide federal funding to clear the backlog of rape kits for which evidence had been collected, but never entered into law enforcement DNA databases. It was called “the most important anti-rape legislation ever considered by Congress” by the Rape Abuse and Incest National Network She also introduced the first measure in New York to recognize domestic partnerships, including those of same-sex couples. And Carolyn Maloney received an “A” on the Drum Major Institute’s 2005 Congressional Scorecard on middle-class issues. On the other hand she voted for the war, although came out against it quite frocefully later. She also voted for the patriot act. People have mixed feelings about her. To some she has been progressive and fights forcefully for women’s rights. To others she is more conservative than the district she represents, has run almost unchallenged year after year, yet was almost threatened with a primary challenge from the left in 2004, (over her support for the AUMF). In a poll done by Quinnipiac Univ. 1/8-12. Registered voters. MoE 2.4% (12/23/08 results) Who do you think Governor Paterson should pick to replace Hillary Clinton in the United States Senate - Caroline Kennedy, Andrew Cuomo, Kirsten Gillibrand, Carolyn Maloney, Steve Israel or someone else? Cuomo 31 (29) Kennedy 24 (33) Gillibrand 5 (4) Maloney 6 (n/a) Israel 2 (n/a) Someone else 18 (24) DK/NA 14 (10)
By Deni G on 01/14/2009 9:01 pm
Brooklyn Gal
Thank you Deni for setting the record straight on Maloney. She is a good public servant and would do well in the Senate too. I’m sorry some find it necessary to label her Blue Dog based on this one slanted article. As for your question, I do not like Cuomo and the only reason his numbers are high is name recognition. We did not want him as our governor. Maloney has experience but Gillibrand may be the new face and blood we need here in NY. But, with all the so-called interviewing and pondering Paterson is claiming to do, I have a feeling the decision was made a long time ago and the name will be Kennedy.
By Brooklyn Gal on 01/15/2009 12:16 pm
Deni G
just trying to fix the bold…
By Deni G on 01/15/2009 3:45 pm
Deni G
trying again
By Deni G on 01/15/2009 3:50 pm
Jim Henley
This comment has been deleted as it violated the Ten Commandments of Posting on our website.
By Jim Henley on 01/14/2009 9:05 pm
starry Nite
People are sick of bailing out losers.By Jim Henley on 01/14/2009 10:05 pm We are sick of you.
By starry Nite on 01/15/2009 12:35 am
Elisabeth S
i cannot add to the information here, but in my opinion, carolyn maloney would be a terrific senator.
By Elisabeth S on 01/15/2009 9:38 am
Belinda Joy
She has the vast government experience that I think would be a plus. I hope she gets the seat. Something tells me she won’t, but I hope she does.
By Belinda Joy on 01/15/2009 6:21 pm
Tinka Parker
Caroline Kennedy has the ability to raise large amounts of money on her own for New York. That will be an important factor for the governor because the state is strapped.
By Tinka Parker on 01/16/2009 10:36 am