The Democratic Congressional Campaign Committee is back with a big buy in the TX-17 race between Congressman Chet Edwards and “Bailout Bill” Flores. I have to imagine that the alleged DCCC reallocation of funds last week was nothing more than a head fake to Republicans, because this ad is very strong and is supposedly got a big buy behind it:
More details from Bailout Bill Flores, a project of the Lone Star Project:
Bill Flores received an $11 million taxpayer funded bailout of his failing business.
Flores signed a document agreeing to repay the full $11 million.( Dallas Morning News, 10/9/2010)
When the business went bankrupt Flores admitted
“the deal worked fine for everyone but the federal government”(Dallas Morning News, 10/9/2010)
After bankruptcy Flores and his business partners went on to make millions.
The taxpayers are still owed 7.5 million
There's another web ad — posted by the YouTube account “billfloreslies” — below the fold