February 26, 2012

AFF Launches TV Ad “Obama’s Wall Street”

For Immediate Release:  Monday, February 27, 2012
Contact:  Mandy Fletcher Fraher (515) 720-5250

 

This week, American Future Fund will be launching a cable TV ad titled “Obama’s Wall Street”.  The ad buy totals nearly $4 million and will air in nine states, including Colorado, Florida, Iowa, Michigan, Nevada, New Mexico, North Carolina, Ohio and Virginia.

The ad points to the hypocrisy of President Obama’s criticism of Wall Street compared to his cozy relationship with Wall Street executives.

He has been a vocal critic of Wall Street, claiming he wasn’t elected to help “fat cat bankers on Wall Street.”  But his past and present tell a different story.

Obama voted for the Wall Street bailout.

Then he accepted $42 million for his campaign from Wall Street bankers and financial insiders.  More than any other candidate in history.

Finally he filled his White House full of Wall Street Executives.  His new Chief of Staff, Jack Lew, accepted a nearly $1 million bonus from Citigroup after taxpayers bailed them out.  And in the ultimate act of irony, Obama appointed Jon Corzine – who lost $1.2 billion in investor money on Wall Street – to be his advisor on stimulus.

AFF spokesperson, Mandy Fletcher Fraher, stated, “It’s easy to be a critic of convenience.  Except when a mountain of evidence tells a different story.  President Obama may be trying to deny his support of Wall Street but Wall Street sure supports Obama.”

President Obama claims that people on Wall Street still don’t get it.  But it’s Obama who doesn’t get it and Americans need to tell President Obama to come clean about his Wall Street ties.

Watch the ad here.

“Obama’s Wall Street” Ad Script:

OBAMA: “I did not run for office to be helping out a bunch of fat cat bankers on Wall Street”

VO: But guess who gave $42 million to Obama’s last campaign for president…

VO: Wall Street bankers and financial insiders. VO: More than any other candidate in history.

OBAMA: “…helping out a bunch of fat cat bankers on Wall Street”

VO: But Obama voted for the Wall Street bailout. OBAMA: “…fat cat bankers on Wall Street”

VO: But his White House is full of Wall Street executives.

VO: His first chief of staff.

VO: His next chief of staff.

VO: His former military office director. VO: Foreign intelligence.

VO: Ambassador to Germany.

VO: Treasury Secretary.

VO: Obama’s new chief of staff took nearly a million-­‐dollar bonus from Citigroup – after taxpayers bailed them out.

VO: And Jon Corzine, who lost $1.2 billion of investors’ money on Wall Street, was Obama’s adviser on the stimulus.

VO: Now, Obama’s flush with cash, returning to Wall Street for more glitzy fundraisers.

OBAMA: “…people on Wall Street still don’t get it. They don’t get it.”

VO: Obama won’t admit to supporting Wall Street…but Wall Street sure supports President Obama.

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Paid for by American Future Fund