I personally would be more suspicious of the hazard switch (and supporting electronics) in this case. I've definitely seen dirty switches do odd things with the car. I can't rule out Bud's idea of the pedal switch though, only because he owned one of these cars a heck of a lot longer than I have. It's well known that Bud has knowledge that I do not. Some of it even pertains to these cars..
Still, if you say a part "smells bad," That's a smell worth pursuing, in my opinion.
Your username implies that yours is a '95, so you don't have a neon ballast like the 97-98 car owners have to think about.. That's a good thing, in this case.