CARLY FIORINA: Good afternoon. Thanks so much for joining us today. I just wanted to take a few minutes before we take your questions to provide you with my take on President Obama’s visit to hold a fundraiser with Barbara Boxer.
Of course the president is out here today because Barbara Boxer is vulnerable, and the Democratic establishment is working overtime to prop her up in a way they have never done before. Dianne Feinstein coming on as her campaign chair is another example of just how worried the Democrats are about losing in November. We are witnessing a rescue mission in action.
Part of the reason she is so vulnerable is precisely because of the policies, like the health care bill, that the president has pushed with Barbara Boxer’s strong support. This bill we know will raise insurance premiums by 10 to 13 percent, increase taxes by more than half a trillion dollars and put our nation deeper into debt. It is a cynical and partisan piece of work that was hastily written to the point that members of Congress and their staffs’ own health insurance is at risk because of a drafting error.
Under the Obama-Boxer policy scheme, our national debt and deficit have reached record levels. Taxes are going up. We spent $787 billion on a failed stimulus plan that has completely failed to keep unemployment at the promised 8 percent. President Obama and Barbara Boxer should explain to voters how exactly their stimulus bill is helping California.
And last week the president said that he thinks tea partiers should be saying “thank you” to him for all of these results President Obama and Barbara Boxer have produced for the people of California. And this weekend, Barbara Boxer told her party faithful that they needed to be “as excited as the tea partiers.”
Well, President Obama wants them to be thankful, Barbara Boxer wants them to be excited. What is it exactly that voters should be excited and thankful about? 12.6 percent record unemployment? Millions of people out of a job? Or maybe eight counties in this state facing unemployment rates over 20 percent? Or maybe 28 counties in California with more than 15 percent unemployment? Or maybe deficits as far as the eye can see?
It is no secret that there are going to be rolling tax increases as President Obama expands the size and the reach of government, with Barbara Boxer at his side and supporting him every step of the way. I don’t think the people of California are in any mood to extend Barbara Boxer’s contract to work for them in Washington to 34 years when her first 28 have been a total failure.
Now Barbara Boxer was recently in Sacramento where she said she thought people are grumpy. And President Obama says people should be thankful. I think the people of California are neither grumpy nor thankful. I think they are devastated by these policies. I think they are angry and frustrated that these policies will do nothing but feed the growth of government by increasing taxes and costing jobs.
Just today Pew came out with a study finding that by almost every conceivable measure Americans are both negative and critical of government under the Obama Administration. In this election year the study finds that people distrust government. They are upset about the bad economic times, and they are unhappy with the bitter partisanship in Congress.
Now voters are being presented by Barbara Boxer with yet another Election Year conversion. Every Election Year, Barbara Boxer starts talking about job creation after not listening for 28 years. And I think, frankly, the voters of California smell a rat.
Her callous, indifferent and flippant approach to the economy shows how detached and distant she is from the people she is supposed to represent. Barbara Boxer is rightfully fighting for her political life, which is exactly what brings the President out here today.
With that I will stop and open it up for your questions.
OPERATOR: Thank you. Ladies and gentlemen, if you wish to ask a question, please press star followed by 1 on your touchtone phone. You will hear a tone indicating that you have been placed in queue. You may remove yourself from queue by pressing the pound key. If you are using a speakerphone, please pick up your handset before pressing the numbers. And once again, for any questions or comments, press star and then 1. And one moment please. And our first question will come from the line of Tim Mak, Frum Forum.
TIM MAK: Hi, Carly. Obviously your primary race is very close, and I want to get a sense from you as to what extent fundraising will play in determining who comes out ahead. The second part of my question is that some people have suggested that the loan you made to your campaign, the $2.5 million, has been made as a strategic move and you don’t have much of an intention to actually spend it. I want to get your reaction to that as well.
CARLY FIORINA: Well you know, I think it’s pretty clear that in political campaigns, money matters. And we are very gratified by the fact that we continue to best both of my primary opponents in every measure. We are beating them on fundraising, we are beating them on cash on hand, we are beating them in terms of the number of donors we have attracted and the broad-based support that we’re attracting and even the fact that we’re getting donations from all of the 50 states across this great country. We’re extremely pleased with our fundraising. And while I’m not going to get into specific tactics about our campaign, what I will tell you is this: money is meant to be spent.
TIM MAK: Alright, thank you.
OPERATOR: Thank you. And as a reminder, you may press star and then 1 for your questions or comments. Our next question will come from the line of Josh Richman from the Oakland Tribune. Please go ahead.
JOSH RICHMAN: I was just wondering, how is the President coming out here to raise money for Senator Boxer any different or more desperate than having Senator McCain come out two weeks ago to raise money for you?
CARLY FIORINA: Oh, I think the President’s time is quite a bit different from any senator’s time. And I think it’s quite early on in the game for the President of the United States to be helping an incumbent senator who’s not even yet in a general election. So I think his visit speaks for itself, and I think the polls speak for themselves as well.
JOSH RICHMAN: Thank you.
OPERATOR: And once again, you may press star and then 1 for your questions and comments. And allowing a few moments, I’m showing no questions in queue at this time.
JULIE SODERLUND: Great. Well, if there are no further questions, we’ll go ahead and end it there. Thank you all so much for joining us today.