Lawrenceville, NJ -- U.S. Senate candidate Dick Zimmer today issued the following statement in response to investment bank Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection and Merrill Lynch & Co. agreeing to be acquired by Bank of America.

"These are tumultuous times for America's financial industry. The pain will reverberate from Wall Street to Main Street and there is plenty of blame to go around. But the Treasury Department and the Federal Reserve have recognized that there are limits to the amount of public resources available to bail out private businesses that have made unwise or unlucky business decisions.       

"Now more than ever, we need fiscally responsible elected officials who know when to say "no" and know how to get our economy back on track.

"This November, we have to opportunity to reshape the way business is done in Washington by electing leaders who will put the taxpayers first. Wasteful government spending, fiscal mismanagement, corporate bailouts and patchwork policies must become a thing of the past.

"For 24 years, Senator Lautenberg has been sitting idly by as New Jersey taxpayers have faced an energy crisis, an affordability crisis and now a financial crisis.  His policies of high taxes, corporate welfare and pork-barrel spending are hurting New Jersey taxpayers.

"It's time for a change. I have a strong record of putting taxpayers first and advocating for fiscal responsibility.  As your Senator, I will work to bring transparency and accountability to Wall Street and Washington so we can work to avoid these economic difficulties in the future."

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Lawrenceville, NJ -- U.S. Senate candidate Dick Zimmer today called on Senator Frank Lautenberg to join the growing chorus demanding that Joe Ferriero resign immediately as Bergen County Democratic Chairman.  Zimmer released the following statement:

"A culture of corruption has plagued our state for far too long.  Scores of people in power have taken advantage of the political process to criminally enrich themselves at taxpayers' expense. Today alone, we have seen the former mayor of our largest city enter a federal prison and the former chairman of the State Senate Budget Committee begin his corruption trial.

"The worst thing that can happen is for honest elected officials to sit idly by and say nothing.  As a Bergen County Democrat and a senior elected officeholder, Senator Frank Lautenberg should follow the lead of other top Democratic officials and join me in calling for Bergen County Democratic Chairman Joe Ferriero to resign immediately.  Senator Lautenberg has been silent for far too long.  

"It is our duty as elected officials and candidates for office to speak out against public corruption everywhere it exists and work to restore the public's trust."

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- Senator Lautenberg Shows the Show-Me State Some Pork -

Lawrenceville, NJ - U.S. Senate candidate Dick Zimmer's "Waste of the Week" campaign this week targets Senator Frank Lautenberg's support of federal funding for a needless intersection in Joplin, Missouri.

Senator Lautenberg supported a $5,880,000 earmark in the 2006 Transportation, Treasury, Housing and Urban Development Appropriations Bill to build a large interchange at a the scarcely used intersection at Zora Street and Main Street in Joplin, Missouri. (Conference Report 109-307 to HR 3058, agreed to on November 21, 2005)

In a town of only about 50,000 residents, many felt this was an unnecessary project to begin with.  One resident said, "They claim they are building this interchange to cut down congestion.  There is no congestion.  This is a deserted area in a small town." (Citizens Against Government Waste, 2006 Pig Book)

Zimmer issued the following statement:

 "At a time when New Jersey taxpayers are being asked to pay steeply higher tolls to finance New Jersey highways, Senator Lautenberg has being working to show the Show-Me State the pork. 

"It is time for a change from the pork-barrel politics of the past.  New Jersey taxpayers deserve a Senator who will not squander their tax dollars, but who will instead put the concerns of New Jersey taxpayers first."

Zimmer's "Waste of the Week" campaign is designed to highlight Senator Frank Lautenberg's record of supporting wasteful spending and pork-barrel politics at the expense of New Jersey taxpayers.  Previous Wastes of the Week were the $300 billion Farm Bill, the $389 million Bridge to Nowhere in Alaska, a $225,000 pamphlet on beaver damage, various Monuments to Me spending projects and the Teapot Museum in North Carolina. 

Waste of the Week, #1: THE FARM BILL

Waste of the Week, #2: BRIDGE TO NOWHERE

Waste of the Week, #3: BEAVER DAMAGE MITIGATION

Waste of the Week, #4: MONUMENTS TO ME

Waste of the Week, #5: N.C. TEAPOT MUSEUM

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- Zimmer Calls on Lautenberg to Also Reject More Taxes and Borrowing-

Lawrenceville, NJ - After yesterday's press conference where U.S. Senate candidate Dick Zimmer renewed his challenge to Senator Frank Lautenberg to join him in opposing Governor Corzine's warmed-over toll hike plan, Senator Lautenberg met that challenge by agreeing with Zimmer though his campaign spokesperson. 

Today, Zimmer commended Senator Lautenberg and called on the Senator to join him in also rejecting increased borrowing and higher taxes as the solution to the highway funding shortfall.  He specifically challenged Senator Lautenberg to endorse the use of existing state revenues to replenish the state's Transportation Trust Fund as proposed by the Republicans in the New Jersey Legislature and to support a proposal by U.S. Senator Jim DeMint (R-SC) to redirect wasteful federal earmarks to cover the shortfall in the federal Highway Trust Fund.

"I am pleased that even Senator Lautenberg has seen the recklessness of Governor Corzine's toll hike plan and realized that the last thing New Jersey taxpayers need is steeply higher tolls," Zimmer said.  "Now, Senator Lautenberg needs to assure New Jerseyans that he does not want to meet our transportation needs by raising taxes or borrowing more money.  Government should live within its means the way New Jersey families have to."

With the nation's Highway Trust Fund running out of money faster than anticipated, Congress is expected to approve an $8 billion bailout plan by transferring money from the government's general fund to the highway account, thereby increasing the federal deficit and the national debt by that amount.  According to the U.S. Department of Transportation, an estimated $11 billion in earmarks has yet to be appropriated from currently authorized transportation spending, more than enough to cover the shortfall. 

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-NTU’s Political Arm Throws Support to Zimmer for his Strong Pro-Taxpayer Record-

Lawrenceville, NJ - U.S. Senate candidate Dick Zimmer has been endorsed by the National Taxpayers Union Campaign Fund, the political action arm of the 362,000-member National Taxpayers Union. 

Zimmer released the following statement:

"I am truly honored to receive the endorsement of the National Taxpayers Union Campaign Fund.  I'm proud that this nonpartisan citizen organization has recognized my commitment to reducing the tax burden that weighs on families across the country.  When I served in the U.S. Congress, the National Taxpayers Union named me the most fiscally responsible member of the entire Congress three times.  As a U.S. Senator I will continue to put New Jersey taxpayers first."

To view the National Taxpayers Union Campaign Fund press release endorsing Zimmer, click here.  

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