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a kennedy

(32,069 posts)
Wed Sep 4, 2024, 03:47 PM Sep 4

This guy can NOT get elected......

As both a fund manager and an individual investor, Eric Hovde, the Republican Senate nominee in Wisconsin, put millions of dollars into three companies that shipped jobs out of Wisconsin in favor of cheaper locales.

Hovde, a co-founder and former CEO of the asset management firm Hovde Capital Advisors, is challenging Sen. Tammy Baldwin (D) in November. A win for him would help Republicans, who are in a strong position to flip several other Democratic seats, take control of the upper chamber.

In Hovde’s quest to win in a state where manufacturing jobs remain a critical, if greatly diminished, part of the economy, he has spoken wistfully about the flight of U.S. manufacturing jobs to foreign countries with cheaper labor and lower regulatory standards.

HuffPost obtained audio of Hovde’s remarks on the topic at a luncheon hosted by the Republican Women of Dane County in September 2023.

“Economically, over the last 20 years, real wages have fallen for most Americans. Middle class and working class are being hammered,” Hovde says in the audio clip. “Whole industries over the last 20 years have moved away to China, to India, to Mexico, all over the globe.”

But prior to entering politics, Hovde invested millions of dollars in firms that laid off hundreds of Wisconsin workers, moving production to Southern states with cheaper labor costs and, in one case, to Mexico.

https://l.smartnews.com/p-7PuFG/dOASJL


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This guy can NOT get elected...... (Original Post) a kennedy Sep 4 OP
That depends how gullible the electorate will be Vogon_Glory Sep 4 #1

Vogon_Glory

(9,569 posts)
1. That depends how gullible the electorate will be
Wed Sep 4, 2024, 05:15 PM
Sep 4

Time was when a billionaire who spent most of his time out-of-state and exported jobs out of his state would be a doomed candidate. In the post-truth decades following Dubya’s election, voters, particularly right-wing voters, are more than willing to let such things slide, even when their personal interests are at stake. All a right-wing scam artist/politico has to say are things like “Transsexuals!”, “”Woke!”, “Liberal!”, and G*d have mercy on the rubes and rube-ettes at the ballot box, they coast to easy victories!

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