Stop Wall Street Favors (:30 TV Ad)

Run time: 00:38 https://www.youtube.com/watch?v=tUioL7wHXRo   Posted on YouTube: May 07, 2010 By YouTube Member: StopWallStreetFavors Views on YouTube: 1859   Posted on DU: May 11, 2010 By DU Member: Omaha Steve Views on DU: 170

 
http://www.sacbee.com/static/weblogs/capitolalertlatest/2010/05/dems-launch-ad.html

The latest on California politics and government
May 7, 2010
Dems launch 'issue ad' attacking Meg Whitman

Now starring in the California Democratic Party's new "issue ad" attacking the use of offshore tax havens: GOP gubernatorial hopeful Meg Whitman.

On its face, the statewide ad supports legislation sponsored by Michigan Democratic Sen. Carl Levin that would target corporations and citizens who dodge taxes by funneling wealth to offshore accounts in places like the Cayman Islands and Bermuda.

But the 30-second ad, which launched today, places Whitman and Goldman Sachs front and center.

That's no surprise, considering that the investment giant's recent woes have fueled campaign attacks against Whitman, a former board member and investor in the company.

Officials cast the $800,000, five-day campaign as a call for financial reform, and manage to fit in more attacks against the GOP candidate.

"It's time for Congress to act now and stop the favors for well-connected billionaires and millionaires," CDP spokesman John Burton said in a statement. "Meg Whitman is the perfect poster child for tax haven abuse."

The Whitman campaign gave a preemptive response to the attacks, holding a conference call with reporters several hours before the ad was released.

Whitman strategist Rob Stutzman called the attack "proof positive that the unions are intent upon influencing the GOP primary" and evidence that Republican rival Steve Poizner "is clearly the preferred candidate that the unions and Jerry Brown would like to face in November."