The Gottheimer Pallotta Collision
One guy is getting rich from his job in Congress.
But wait, the other guy got rich before he got to Congress.
Welcome to CD-5, where the candidates have both created specific websites attacking the other.
If you need a reminder, Republican Frank Pallotta is challenging incumbent Josh Gottheimer for the second time. Gottheimer won in 2020 by about 32,000 votes, but that probably means nothing. All voters were sent vote-by-mail ballots in 2020, so the turnout was enormous. It’s unlikely to be that robust this time around.
The district also has changed. It now includes more of Bergen County at the expense of Warren County, thereby becoming more Democratic.
Pallotta began the website fight a week or so ago with a creation that he bluntly entitled “Josh Got Rich.”
The lead is that Gottheimer’s net worth has increased by $13.5 million since 2018. So says the website.
A short time later, Team Gottheimer followed suit.
Its website is headlined “Frank Got Rich.”
It claims that “Pallotta was a key player in the financial crisis that defrauded millions of homeowners, seniors and veterans” through the use of subprime mortgages. It cites court depositions.
Not all of this is new. In fact, some of it surfaced when Josh and Frank clashed two years ago.
But like many political charges – and countercharges – they never go away.
For the record, Pallotta has denied dealing in subprime mortgages.
The Gottheimer campaign says that management of the congressman’s retirement savings and investments are handled by a third party. Furthermore, it said that Gottheimer supports legislation, which so far has been stalled, for members of Congress to place their stocks or bonds in a blind trust.
Those looking for a more substantive discussion of issues will get it – hopefully – on Oct. 27 when the candidates are scheduled to debate at Bergen County Community College, 7 p.m.
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