Too Slick Kasich ...
    

Congressman Kasich's Story

Congressman John Kasich, a former Managing Director of the Wall Street firm Lehman Brothers, is running for Governor of Ohio.
During his 18 years in Congress, Kasich supported trickle-down policies that helped big business and the very rich at the expense of the middle class. Congressman Kasich voted to give China favored trade status and supported free trade agreements like NAFTA, both of which cost Ohio tens of thousands of jobs.¹
After leaving Congress in 2001, Kasich went to Wall Street and cashed in on his trickle-down policies with a corner office at Lehman Brothers.² At Lehman, Congressman Kasich opened doors for his Wall Street colleagues with Ohio pension funds. He even personally pitched one pension fund on Lehman’s services.³ Congressman Kasich was paid millions of dollars in salary and bonuses for his work.⁴
In September of 2008, Lehman Brothers collapsed in the largest bankruptcy in US history, triggering a global economic crisis. Ohio pension funds lost hundreds of millions on Lehman's toxic assets.⁵
Now Congressman Kasich wants to bring his failed policies to Ohio.

1. H.R. 4444, Roll call vote #228, 5/24/2000. Scott, Robert E. “Unfair China Trade Costs Local Jobs.” Economic Policy Institute, 3/23/2010. H.R. 3450, Roll call vote #575, 11/17/1993. Scott, Robert R et al, “Revisiting NAFTA: Still not working for North America’s workers,” Economic Policy Institute, 9/28/2006.
2. Thomas Jr., Landon. “The Kasich Case.” New York Observer, 9/16/2001; McDonald, Duff. “Experience on Wall Street? Don’t Run for Office.” Fortune, 7/30/2010.
3. Bischoff, Laura A. “Kasich’s Role in Pension Talks May Have Been Bigger.” Dayton Daily News, 7/22/2010; Niquette, Mark and Rowland, Darrel. “Third Kasich Call for Lehman in Dispute.” Columbus Dispatch, 7/22/2010.
4. Hershey, William. "Kasich Made $1.1 M in 2008." Dayton Daily News, 4/2/2010.
5. Torry, Jack. “Kasich Connected Pensions, Lehman.” Columbus Dispatch, 5/12/2010.