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Meakem Blasts Specter Spending Bill Support; Predicts GOP Primary Fight

(MMD Newswire) Pittsburgh entrepreneur Glen Meakem today blasted U.S. Senator Arlen Specter's support for the Obama administration's $800+ billion spending bill, calling the package a "liberal's dream grab-bag of pork and deficit spending, which will force our kids and grandkids to sacrifice and pay for decades to come."

Meakem, who has been active in Pennsylvania civic affairs and is often mentioned as a candidate for statewide office, said:

"The only thing this Democratic Party bill will stimulate is massive government spending. Even the independent Congressional Budget Office has concluded that this legislation will mean long-term harm for our economy and except for Senator Specter and the senators from Maine, Republicans have been united in opposing this unprecedented special-interest giveaway of taxpayers' money."

"I consider Arlen Specter a friend, but his support of this bill is too much. Pennsylvania voters are fed up with Specter's perennial charade," Meakem said, "posing as a moderate Republican to win reelection, and then going back to Washington to vote with the liberal special interests. This year, the stakes are too high and this sham is not going to work again. There will be a Republican primary fight for Specter's Senate seat in 2010, and I am going to be actively involved in electing someone who will do what's right for Pennsylvania taxpayers, not the Washington lobbyists."

Glen Meakem was the Founder and Chief Executive Officer of FreeMarkets, Inc., a business internet company headquartered in Pittsburgh. He is currently a Co-Founder and Managing Director of Meakem Becker Venture Capital and host of The Glen Meakem Radio Program. See WWW.GLENMEAKEM.COM for more information.

CONTACT: Nathan Bowers
Tel: (412) 749-5720
Email: nbowers@meakem.com

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