It appears that when a ship sinks, everyone on board decidedly attacks each other to stay alive. In Chuck Caputo's re-election bid, he has definitely been throwing the attacks against Jim LeMunyon every chance he gets, even after promising to run a positive campaign.
The most recent attack coming from Caputo's campaign claims that a business that LeMunyon co-founded in the 1990s, Sterling Semiconductor, failed to pay taxes, failed to pay bills, and went bankrupt.
Caputo couldn't be further from the truth, and it's time for some clarification. LeMunyon (along with the other business owners) sold Sterling Semiconductor to Uniroyal on May 31, 2000, which was two years before, the new owners encountered financial difficulties, partly due to the losses in the aftermath of the September 11, 2001 tragedy. On August 25, 2002, Uniroyal declared bankruptcy with Sterling Semiconductor. After the August 25, 2002 bankruptcy, Dow Corning bought Sterling Semiconductor.
When LeMunyon was in control of Sterling Semiconductor, bills were paid on time.
“Chuck Caputo has either chosen the deliberately distort the facts, or is sloppy in his research to a point that is beyond embarrassing,” said Tim Edson, LeMunyon’s campaign manager. “In either case, we demand an immediate retraction and an apology.”
“Like many entrepreneurs, Jim has taken significant personal financial risks over the years to get new companies rolling, which have created new jobs and brought new products to market,” said Edson. “Chuck and Jim may disagree on many issues, but it’s a shame that Chuck can’t treat Jim’s business record with respect. Jim has run an honorable campaign, and has only criticized Chuck Caputo’s voting record in Richmond, not the man personally. Jim has publicly said many times that Chuck Caputo is a decent man and a good citizen. It is unfortunate that Chuck has chosen not to follow suit.”
When candidates resort to petty attacks, such as this one, it is a clear indicator that this campaign is sinking at a fast rate of speed.