Las Vegas News, Sports, Business, Entertainment and Classifieds

Las Vegas Review-Journal - News

Thursday
Mar 18, 2010
Clouds And Sun
Clouds And Sun 54° Weather Forecast

RECENT EDITIONS
Fri Sat Sun Mon Tue Wed Thu

sponsored by
News


POLITICAL NOTEBOOK: Bank exec mounts challenge

Guedry telling friends he's in the race for Titus' seat










A Las Vegas bank executive is seriously considering mounting a Republican challenge to Rep. Dina Titus, D-Nev.

John Guedry already has quit his job as executive vice president for City National Bank to prepare for a run against the first-term congresswoman and is telling friends and potential donors he's in the race.


Most Popular Stories
  1. Mom: Jogger hit by plane was excited to head home
  2. Search warrant served on Hells Angels clubhouse
  3. Agassi, Sampras get sorry reviews
  4. 10-hour days in works
  5. Crash that wounded Reid's wife so violent it "broke her seat belt," senator says
  6. Chamber poll: Voters favor Titus changing health bill vote to no
  7. Wal-Mart probing racist NJ store announcement
  8. Magnitude-4.4 earthquake rattles Los Angeles
  9. A beach, a jogger, a failing plane, and death
  10. Schools seek budget input




"I made this decision because, like most of you, I have become increasingly concerned about the direction some of our elected officials in Washington, D.C., are taking our country and state," Guedry wrote in an e-mail to "friends, family and business colleagues" obtained by the Review-Journal last week.

Though unknown in political circles, Guedry, 49, is said to be well known in the business community. A University of Nevada, Las Vegas graduate, he has worked in banking in Nevada for more than 25 years and has lobbied for the industry through the Nevada Bankers Association.

Guedry's candidacy was reported last week by the Washington publication Roll Call. In an interview, he said he thinks his business background gives him a good understanding of the economy and the need for fiscal responsibility.

Republicans hope to make Titus a top target in 2010, just as her predecessor representing the suburban Clark County 3rd Congressional District, Republican Jon Porter, always was for Democrats.

The district used to be evenly divided between Democratic and Republican voters, but Democrats' huge voter registration efforts for the 2008 election have tipped the balance in their favor in the district. As of May, there were nearly 39,000 more Democrats than Republicans in the district, which was 44 percent Democrat to 35 percent Republican.

Titus defeated Porter with 47 percent of the vote to his 42 percent, underperforming President Barack Obama, who took 55 percent of the vote in the district to Republican John McCain's 43 percent.

Titus spokesman Andrew Stoddard responded to the news by saying the congresswoman was focused on her work in the Capitol for her constituents.

"Dina Titus is going to continue to do what she has done since Day One: Cut taxes for Nevada's families and small businesses, work to create jobs in Southern Nevada, and fight to turn our economy around after years of failed economic policies," Stoddard said.

"Already in six short months, Congresswoman Titus has cut taxes for 95 percent of Americans, supported health care for Nevada's children, opposed the second wave of bailout money for banks, and introduced legislation to help prevent foreclosures in Nevada."

Guedry, in his e-mail to supporters, said he sees Titus as too liberal and out of step with those she's supposed to represent. "Dina has voted 100 percent along party lines in Washington, demonstrating she is not interested in solutions, she is simply willing to blindly follow what her party wants her to," he wrote. "It appears that direction is bigger federal government, more control and even more federal spending to come."

A source close to Guedry said he could make an official campaign announcement as soon as next month.

ROVING EYE

Karl Rove, the Bush administration political mastermind who's now a conservative commentator, is scheduled to keynote the annual dinner of the Nevada Policy Research Institute, the think tank announced last week.

Rove has Nevada roots: He grew up in Sparks. The dinner is scheduled for Sept. 23 at The Venetian.

Reviled by the left and admired by the right for his role as the "architect" of George W. Bush's campaigns, Rove these days is a Fox News commentator and, according to NPRI's news release, has a book coming out in January.

"We at NPRI are honored to have him deliver the keynote speech at our annual dinner," NPRI President Sharon Rossie said in the news release. "I know our dinner attendees will enjoy and appreciate learning his thoughts on current events."

The "free-market" think tank has scored big names in the past, featuring former House Speaker Newt Gingrich at its dinner two years ago and hosting then-President Bush for a speech in January 2008.

REPUBLICAN-ON-REPUBLICAN

Attempts to purge the Republican Party of dissident elements continue, with the Douglas County party last week discussing censure and expulsion of those Republicans who endorsed Sen. Harry Reid.

The Douglas County Republican Central Committee took up the resolution at its meeting Thursday.

Submitted by Stuart Posselt of Minden, the proposed resolution states that the Douglas County party "censures the below listed registered Republicans for their endorsement of Democrat U.S. Senator Harry Reid," and "expel(s) any of the listed registered Republicans from membership in the Douglas County Republican Central Committee and urge(s) all the other County Central Committees and the Nevada Republican Party to do the same."

Those on the list also would be disinvited from Republican functions, according to the resolution.

The measure was rejected at Thursday's meeting. Posselt said that fellow members were concerned it would be purely symbolic.

"Come on, guys, this is a Republican group, a partisan group," Posselt said. "If you're going to support a Democrat, sayonara."

The Clark County Republican Party last week passed its own resolutions in pursuit of ideological purity.

In an overwhelming voice vote, members approved the resolutions condemning legislators who voted for tax hikes in the recent legislative session; praising those who voted against the increases; and praising Gov. Jim Gibbons for vetoing them.

Clark County Republican Chairman Bernie Zadrowski, who proposed the resolutions, said his aim is to strengthen the party by having it stand on principle.

"I'm not coming at this to kick people out of the party or to silence anybody or divest anybody of a say," Zadrowski said. "But I'm coming at it from the perspective of (determining) who speaks for the Republican Party. Is it going to be the conservative base? Or is it going to be the moderated part of the party that thinks raising taxes is OK? ... I believe conservatives should be the dominant voice in the party."

According to conservative activist and blogger Chuck Muth, the Churchill County Republican Party passed a similar resolution last week, and the Nevada Republican Party is scheduled to consider one next month.

State Sen. Warren Hardy, R-Las Vegas, one of the tax-hiking Republicans targeted by the censure, said he chose raising taxes over gutting higher education and wished he'd had another choice.

"Ronald Reagan built huge majorities in this country by having a big-tent Republican philosophy," he said. "If guys like Jon Porter and John McCain and myself are not good enough to be Republicans, there's not a broad enough base out there to build back the majority."

Sources say Hardy is unlikely to run for re-election next year.

Contact reporter Molly Ball at mball @reviewjournal.com or 702-387-2919.

Newsvine Digg Fark Technorati reddit StumbleUpon del.icio.us Slashdot Propeller Mixx Furl Twitter MySpace Facebook Google Bookmarks Yahoo! Bookmarks Windows Live Favorites Ask MyStuff myAOL Favorites

Leave Your Comment 12 Reader Comments
Terms & Conditions
The following comments are provided by readers and are the sole responsiblity of the authors. The reviewjournal.com does not review comments before publication nor guarantee their accuracy. By publishing a comment here you agree to abide by the comment policy. If you see a comment that violates the policy, please notify the web editor.

Some comments may not display immediately due to an automatic filter. These comments will be reviewed within 48 hours. Please do not submit a comment more than once.
Current Word Count:

Note: Comments made by reporters and editors of the Las Vegas Review-Journal are presented with a yellow background.

Report abuse

Robert Holloway wrote on June 15, 2009 10:59 PM: Bernie "Attila the Hun" Zadrowski is the best gift that the Democrats ever had in Nevada. His strategy of purifying the Republican party has driven many away from the party and this will continue.


Report abuse

Johnathan L. Abbinett wrote on June 15, 2009 10:33 PM: Well we expected to see the Nevada Republican Party come up with some "new" candidate to be their sacrificial lamb running for C.D. #3 - but, we certainly didn't expect some guy from the failing real estate and dysfunctional mortgage/banking rolls!

I guess, to be a good sport, we in the Democratic Party should thank Nevada Republican Party Chairman Bernie Z!

Team Titus is still growing and will do all they can to increase Dina's margin for victory - we won't make the mistakes Porter's people made, and, in doing so, I predict Dina Titus will be re-elected!


Report abuse

Faye wrote on June 15, 2009 10:19 PM: Has there ever been a Clark Co GOP Chairman with a more abysmal record than Bernie Zadrowski? Why is he trying to squelch our 1st Amendment rights of free speech? I would call him a skin-head neo-Nazi, but he would think it a compliment.

No wonder Republicans fared so poorly last year! Bernie Z is an embarrassment to the Grand Old Party.

Senatory Hardy got this one right. He's been a loyal and good friend to Nevadans


Report abuse

Patty wrote on June 15, 2009 09:36 AM: "Guedry owned and operated Real Estate Investment Services, a mortgage brokerage company, then held senior management positions at Nevada Title Co"

so says las vegas business press...good golly, will he do to government what the real estate players have done to real estate and the larger financial market?!


Report abuse

Patty wrote on June 15, 2009 09:34 AM: Oh a BANKER!, that's what will save us!

CITY NATIONAL CORPORATION, 10Q report march 31, 2009.

"The decrease in net income available to common shareholders is largely due to a $50.0 million, or $29.1 million after tax, provision for credit losses and a $15.0 million, or $10.8 million after tax, loss on available-for-sale securities recorded during the first quarter of 2009."

"Revenue,...down 16%"

"Noninterest income was $47.3 million for the first quarter of 2009, a decrease of 41 percent from $79.8 million for the year-earlier quarter."

Can I have some more, please?!


Report abuse

vegasman wrote on June 15, 2009 09:31 AM: Just what this country does not need, another banker in a position to give more federal money to the financial sector.
How about electing a real middle class wage earner, say someone raising a family of 4 on a income of $40,000. per year


Report abuse

A Contractor wrote on June 15, 2009 08:34 AM: Warren is on the fence right now in regard to running again, as he had to abstain on 90% of the votes this session. Some Bozo (hired by the Unions) filed ethics complaints against him (that were ultimately dismissed). John Guedry is a good man, and an excellent leader. He will make one hell of a Congressman !!


Report abuse

Free Nevada wrote on June 15, 2009 07:56 AM: > Some Republicans in trouble with party for endorsing senator

He lost my support by endorsing the DesertXpress train that drags people through four snow-prone mountain-passes at a purported speed of 150mph (yeah right) for only $4BN (below the level where government should be involved). A 100mph train that stops short hours from its riders houses is not much benefit in a world of widened roads with 70mph speed limits and cars that can safely do 80mph.

We do need his help to secure $40BN in financing so we can build a 300-350mph Mag-Lev and finally get this area developed properly. ($40BN is too much to recoup from ticket fees, it needs to come back from the realization of overall economic growth that the high-speed connection generates and is therefore worthy of government involvement.)


Report abuse

HELEN WEILS wrote on June 15, 2009 07:28 AM: TOLD YA SO! YEEHAH!!! JOHN GUDREY IS GOING TO KICK THE WHINY TAX AND SPENDER
TAXES TO THE CURB!!!!
WE ARE TAKING OUR PARTY BACK AND OUR STATE BACK.
NO MORE RHINOS!!!!!
PREDICTIONS:
REID GONE
DINA TAXES GONE
RHINOS RECALLED OR GONE.
FISCAL CONSERVATIVES RETAKE THE SENATE
JIM GIBBONS WINS BIGTIME.


Report abuse

looking down wrote on June 15, 2009 06:42 AM: "Dina Titus is going to continue to do what she has done....Cut taxes for Nevada's families...work to create jobs in Southern Nevada...introduced legislation to help prevent foreclosures in Nevada." Maybe I have missed something but I don't see improvements in any of these areas, matter of fact foreclosures and unemployment seem to be getting worse. These politicians are either out of touch with reality, or powerless to really do what is needed to fix the problem. I can't believe Titus would even want a statement saying she is taking measures to fix the foreclosure problem. If I remember correctly her efforts were so shallow and misguided it was laughable. What is Titus doing for the 70% undetwater homeowners? I can tell you trying to bailout low income, high risk borrowers who maybe shouldnt have been homeowners in the first place aint going to cut it. Measures to furterh create a welfare society is a step in the wrong direction.


Read All Comments