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Sue Lowden: Loves Bailouts, Opposes Real Wall Street Reform
Nevada politician Sue Lowden's casino corporation received a $29 million line of credit from her failed bank - a bank that was bailed out by U.S. and Nevada taxpayers. It's all in the family. Here's the sordid story:
Sue and her husband Paul Lowden are top executives at Archon Corporation, a casino holding company. Paul Lowden is the President and CEO. Sue Lowden is the Executive Vice President, Secretary, Treasurer and Director of Archon. They control the company. And, when the company needed a line of credit, they knew where to get one.
Sue Lowden was a founding member of the Commercial Bank of Nevada, which was acquired by Colonial Bank in 1998. She sat on the Board of Directors of Colonial Bank of Nevada until June 2009. While Colonial Bank was set to receive a $550 million bailout thanks to TARP, the bank failed before it received the funds. Soon after it failed, it was taken over by BB&T which received over $3.1 billion in taxpayer bailouts thanks to TARP. One day after BB&T took control over Colonial Bank, on August 18, 2009, it extended to the Lowden's casino company, Archon, a $29 million line of credit.
Sue Lowden benefited from a bailed out bank and received the credit line she wanted.
After benefiting from the taxpayer bailout, politician Sue Lowden refuses to support Wall Street reform that gets tough on the cheating banksters and protects consumers. As the Las Vegas Sun reports, "In an interview, she went further, saying that the financial meltdown was the result of too much government regulation, not too little." She's clearly out of touch. It's not regulations that allowed banksters to create exotic financial instruments that allowed the super rich to gamble with our economy. It was the dismantling of rules that protect consumers that turned Wall Street into a dangerous casino. If Sue Lowden had her way, Wall Street rules would be further dismantled to allow the banksters to mislead investors and take riskier bets that benefit them. That's exactly the wrong approach.
We need real Wall Street reform. Call Sue Lowden at 702-302-4097, and tell her Nevadans need leaders who will crack down on predatory CEOs, and Wall Street Ponzi schemes; not politicians that profit from bank bailouts.
at the reno debate in April, Sue kept "answering" questions by telling us to refer to her website; as if she had No answers up front!!
Sharron Angle is "our gal"; known her for years, to be what she says she IS!!!!
One CAN trust Sharron!!!!!
I wondered if she works at the Chicken Ranch, since she wants everyone to pay in chickens.
Wow!! Funny how that little (actually $29,000,000.00 IS HUGE) tidbit isn't in her "LET'S TAKE DOWN HARRY REID" ads. Let's all try & keep this in mind on election day!!!! Anybody but Sue Lowden is lookin' good to me...
she could not run the state party, how in the hell can she do anything ?
why is it that all the mental midgets (Lowden, Palin, Bush, et al) seem to be Republicans? Most Nevadans who know Lowden just knew she was going to implode by eventually saying something really stupid....."chickens for checkups" proved that true. And I love how she says her comments were taken out of context....they were entirely in context. I saw the show in its entirety.
Last night the news confronted Sue with a gotcha moment regarding her tour bus. She says she doesn't own it yet she's the registered owner according to the DMV.
Worked for Lowdens in casino bus, late 90,s She always had her nose in the air..never spoke to the peasants. I had to take legal action just to get my final
paycheck and vacation pay when they sold the Sahara to Wm Bennett...She is a total nutcase, blind with ambition and will step on anyone to get her way....I can assure you this woman does not give a shit about the people of Nevada nor the state of Nevada. I personally would vote for Mickey Mouse and expect a better job performance. Go ahead and " Sue" me..I don't own anything.
Sue, you think you can compare yourself to a veteran because you were with the USO? you modeled bathing suits and we modeled M-16's, AT-4'S and body armor. Wrong answer Sue! Just plain wrong! Tax a veteran to die for this country?! If you feel this is being taken out of context, go to UTUBE and watch; read what your response was to the veterans who are asking you to just say your sorry.
I love this!! :)
Sue is no friend of main street or labor. This woman has a 'let them eat cake' attitude and folks are beginning to see the real Sue Lowden.
"She's clearly out of touch."
Healthcare Program for the Citizens of Nevada
After hearing about the Sue Lowden healthcare program for the citizens of Nevada, I immediately began to put a plan into action and get a head start on my neighbors.
(Sue Lowden Bring a chicken to the doctor. http://www.youtube.com/watch?v=Kl_oMI5vQT8&feature=related)
I went down to the planning department and inquired about a permit to raise 5000 chickens in a residential area. The planning department receptionist was very pleasant and helpful inquiring why I wanted a permit to raise 5000 chickens. I explained to her that this was the new healthcare program for the residents of Nevada and the plan was for a patient to “bring a chicken to the Doctor.” for payments. I informed the receptionist depending on the medical requirements would also depend on the number of chickens required. This is why I would like to start out with 5000 chickens. By this time, I noticed the planning department receptionist had a strange look on her face. I believe it has been called “the deer in the headlight” look. As she realized that I was serious, she asked, “If I take any medication?” Being a type II diabetic, I immediately said, “Why yes!” She then asked, “Who is your Doctor?” Therefore, I replied with his name, and then she immediately asked me to “wait here for a minute” and excused herself. I figured that she was going to research some information about raising chickens. It was just a few moments later when a deputy sheriff walked into the planning department office and inquired with the receptionist by asking, “Is this the guy?”The reception nodded her head yes. The deputy requested me to leave immediately escorting me outside. Confused by what just took place I explained to the deputy why I was there and wanted a permit for 5000 chickens. Going into detail about the new healthcare program of “bringing a chicken to the Doctor” is when I noticed; “the deer in the headlight” look again. Then the deputy asked, “Are you taking medication?” Again, I said “yes” The deputy then asked, “Who is your Doctor?” Therefore, I gave the deputy my doctor’s name, as I was thinking to myself that these people sure are concerned about my diabetes. The deputy informed me that if I came back to the planning department that I would be arrested so, I got my car and left.
Thinking about the new healthcare plan, I decided to order the chickens and get them on the way, so I stopped down at the local feed and seed and went inside ordering 5000 chickens. The cashier asked, “Why do you need 5000 chickens?” I explained to the cashier about the new healthcare plan and got the same “deer in the headlight” look as I did from the planning department and the deputy sheriff. She asked the same questions, “Are you taking medication?”, “Who is your Doctor?” Thinking to myself, “These people sure are concerned about my diabetes, and I must really have a great doctor because everyone wants to know his name”. Leaving the feed and seed store thinking that my 5000 chickens were well on their way I drove over to the lumber shop. I went inside and placed a large order for lumber to build a chicken coop, which would hold 5000 chickens. The person at the cashier inquired, “Why are you building a chicken coop for 5000 chickens?” So, I explained to him as I did at the planning department, to the deputy sheriff, and the feed and seed store about the new health plan. Again, I got the same “deer in the headlight” look and asked, “Are you taking medication?”, “Who is your Doctor?” “Wow” I thought, “I had never lived in a more caring community. Everyone is so concerned about me taking my diabetes medication, and I must have a great doctor because everybody wants to know his name.”
Thinking I had everything in place with the chickens, I decided to swing by the doctor’s office and inquire about how many chickens it would cost for different medical procedures. As I walked into the doctor’s office the receptionist spied me before I approached the receptionist desk. I told her that I was here to find out the payments in chickens on different medical procedures. She said, “Yes, we have received calls today from the planning department, deputy sheriff, feed and seed store, and the lumber store about the new healthcare plan and the doctor would like to see you.” I replied “Great, how many chickens will that cost?” No sooner than I got that sentence said, I was sedated and submitted to the state hospital for a mental evaluation. I am not sure and a little confused why I am here but I think I will have to order more chickens. (How Many Chickens http://www.youtube.com/watch?v=WrbKxBFW78E&feature=related)
Note: This story is fictional but “bring a chicken to the Doctor” is a fact, suggested by Sue Lowden.
(Chickens react to Sue Lowden's health care plan http://www.youtube.com/watch?v=z3lwamcvrN4&feature=related)
Sue is a very funny lady. Well, she would be if she wasn't aiming to take Nevada from being home to one of the most powerful Senators in the country back to being a dusty backwater that no one in DC ever cares about.
The back of the bus aint pretty and that's where Sue wants us to sit.
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