PI Original Josh Kalven Thursday January 15th, 2009, 2:42pm

IL-5: Feigenholtz, Geoghegan, And Quigley Updates

Lots of little developments to report out of the 5th Congressional District race, so here goes.

Tom Geoghegan rolled out an online petition yesterday to "end the era of blank check bailouts." Specifically, it urges Congress to attach three common-sense ...

Lots of little developments to report out of the 5th Congressional District race, so here goes.

Tom Geoghegan rolled out an online petition yesterday to "end the era of blank check bailouts." Specifically, it urges Congress to attach three common-sense guidelines to the release of the remaining $350 billion in TARP funds:

- Give priority -- directly if possible -- to help people keep their homes
- Get public interest representatives or directors on bank boards in all of the banks receiving money
- Penalize any bank that has been hoarding money from the first bailout

In a conference call with bloggers on Tuesday, Geoghegan described the petition as an effort to bring back an "old fashioned style of politics."  Of course, while the concept is certainly old-fashioned, the petition's success depends on it spreading virally via the internet.  So regardless of who you support in this election, consider signing Geoghegan's proposal.  And then pass it along.

Mike Quigley has also taken to the tubes with a new diary over at DailyKos.  Here's an excerpt that spotlights the lack of TARP oversight:

When Congress authorizes $350 billion in financial industry bailouts, abdicates its oversight responsibility, and is being asked to authorize $350 billion more, we know the time for reform and accountability is now.  With somewhere around $700 billion dollars in additional stimulus measures proposed, we need leaders to watch over our tax payer dollars.

I’ve been doing that my entire career.

The comments section below Quigley's diary highlights one of the more interesting aspects of his candidacy.  Several readers chime in with concerns not about what he would do in Congress, but who would replace him on the Cook County Board if he were to head for higher office.  We've heard similar worries from other district residents who value Quigley's criticism of the Stroger administration.  Campaign manager Tom Bowen responds that "Mike as a Congressman will not only do great things on the federal level, but he'll still be active back home and he'll certainly have influence on the County Board President's race in 2010."

On a related note, Politico ran an article on the race today that included this quote from Democratic consultant Mike Fourcher:

“Mike Quigley is the original reform member of the Cook County Board and has done everything he can to shine the light on how county government is done, which is not always appreciated."

Sara Feigenholtz got a big boost this morning as the deep-pocketed political action committee EMILY’s List endorsed her. From their release:

“Rep. Sara Feigenholtz is a progressive state legislator and community leader who has made a life-long commitment to improve women’s health and lower health care costs for working families,” said Ellen R. Malcolm, president of EMILY’s List [...]

State Representative Feigenholtz has the experience needed to bring change from the city of Chicago to the halls of Congress. She has served seven terms in the Illinois House of Representatives, where she successfully championed issues pertaining to women, children, and seniors. In the state legislature, Feigenholtz led the charge to expand the state’s Family Care program to cover uninsured working parents and fought for legislation that helped improve health care for senior citizens.

Meanwhile, Chicago-based Democratic media consultant Eric Adelstein is quoted in that Politico article noting that Feigenholtz has the advantage of being the only woman in the race:

The gender factor also looms large in the primary: Feigenholtz could benefit from being the only serious female candidate in the crowded field … “If everyone has the same message and the same issues, you look for what the distinguishing factors are, and gender can be a major distinguisher in this race,” Adelstein said.

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