January 15th, 2010
02:09 PM ET
5 years ago

Dems launch, pull ad slamming Brown on bank fees

(CNN) - Senate Democrats released an ad Friday morning linking Massachusetts Senate candidate Scott Brown to Wall Street execs and his opposition to President Obama's bank fee plan – though they quickly pulled the spot for an edit after critics pointed out that a visual of the World Trade Center appeared briefly in the background.

"Republican Scott Brown opposes President Obama's plan to reform Wall Street," the narrator said in "Derail," the 30-second ad from the Democratic Senatorial Campaign Committee.

"That's right, Scott Brown actually opposes the plan to crack down on the greed and corruption that nearly destroyed our economy. …But if Brown won't protect American consumers from corporate predators, what IS his agenda?"

DSCC spokesman Eric Schultz said Friday afternoon that a new version of the ad had already been shipped to stations.


As the latest news of bank bonuses draw fresh public outrage late in the race's final week, Democrats have made a major push to tie Brown to Wall Street, and highlight his lack of support for new regulations governing financial institutions receiving government funds.

The ad was released the same day a spot featuring the late Sen. Ted Kenndy's widow, Vicki, hit the airwaves in the state, and congressional and administration sources confirmed that President Obama would be visiting Massachusetts to campaign for Democrat Martha Coakley. The president has also recorded a robocall for the Coakley campaign.

Recent surveys, including several partisan polls, have showed Brown erasing Coakley's early lead. Late in the week, some of these surveys suggested Brown had gained a slight edge.

Former New York City mayor Rudy Giuliani is campaigning for Brown in Boston Friday. Florida GOP Senate candidate Marco Rubio - a Tea Party favorite - sent supporters a fundraising message calling on them to donate to Brown's campaign, while retiring Connecticut Sen. Chris Dodd did the same for Coakley.


Filed under: Martha Coakley • Scott Brown • Senate Democrats
soundoff (53 Responses)
  1. Mike

    Did they do a spell check on this ad?

    January 15, 2010 02:12 pm at 2:12 pm |
  2. proud mother and sister of soldiers

    "Greed and cooruption"....what is good for the banks should extend to our federal government. Look to those who run this country, including the WH and see how they protect/acquire their fortunes. It starts at the top!

    January 15, 2010 02:13 pm at 2:13 pm |
  3. The Lonely Libertarian of Liverpool NY

    Mr. Brown is opposed to a 90 Billion dollars tax increase on working Americans. And that seems wrong to you? What do you think these banks and Wall street firms are going to do if they have these taxes leveled on them? They are going to pass those expenses on to the consumer ( that is you and me folks).

    January 15, 2010 02:19 pm at 2:19 pm |
  4. Larry from Mass.

    When you have the likes of Dodd who is retiring rather than get crushed in elections, fundraising for you or better yet Obama who is the reason people are voting for Brown, you know you are in trouble.

    January 15, 2010 02:24 pm at 2:24 pm |
  5. Ken

    Excuse me .. but exactly what is the plan from the Democrats to crack down on greed and corruption in the banking industry? Oh sure, they passed some half-baked pay limitations for banks that applied ONLY to those with outstanding TARP fund balances. So what did the banks do? Sold shares, payed back TARP, and avoided the legislation. And the net result is Goldman Sachs is paying out the biggest bonuses in the history of the company, JP Morgan is paying out bonuses like before the crash and this is depsite huge fourth quarter losses on loans, and other firms and banks are doing the same!

    The Democrats have done NOTHING to reel in the greed on Wall Street. Everything they've passed has had BIG loop holes or exceptions that every firm possible has jumped through. SO right now they are free to pay and do what ever they dang well want to. HOW can they accuse this candidate of supporting the very thing the've done NOTHING about.

    January 15, 2010 02:25 pm at 2:25 pm |
  6. dstay

    Good luck, Dems. All the lying in the world (which comes natural to you) will not save your bacon this fall. GO BROWN! The good & honest folks in this country will take our country back this fall!

    January 15, 2010 02:25 pm at 2:25 pm |
  7. gt

    do you really think people are that stupid to listen to negative campaining,,, its insulting ,,, and the ones who put out this type of garbage needs to loose...what a stupid comment to say " he is against corruption and fraud,,, "

    January 15, 2010 02:26 pm at 2:26 pm |
  8. Kevin in Ohio

    Odd...the ad pulled because of the liberal love of Politcal Correctness. Heck, we can't even show a picture of the WTC anymore. Just as well....the liberals are LYING about Brown anyway. He stands in the way of their dream to tear down this country.

    January 15, 2010 02:27 pm at 2:27 pm |
  9. Obama = WORST president EVER

    No one would ever accuse Democrats of being a classy group.

    January 15, 2010 02:27 pm at 2:27 pm |
  10. Paul in Arizona

    It all goes to prove how absolutely desperate the Dems are. They should have done their jobs and listened to the will of the people. Now they can watch as they lose their so-long-sought-after majority. We were stupid enough to vote for a far left, inexperienced, unqualified candidate for the presidency. Now we have to live with him for another 3 years but, take away the Dem's majority in Congress, and we might have a chance of reining in this wild spender in the Oval Office.

    January 15, 2010 02:31 pm at 2:31 pm |
  11. Nadilyn

    Why are we blaming Wall Street and bankers nearly destroyed our economy? Yes we were handing out lucrative loans and financing to people who could not afford what they were borrowing, but is it Wall Street's fault? I was offered a substantial loan way before the real estate bubble popped, and I told that bank they were crazy to offer me that amount when they could clearly see I could not afford it. It is the public's fault for being naive and vulnerable "to keep up with the Jones' ". Everyone needs to make a living and some make their earnings from those who are duped.

    I am not saying that is right, but it is not only the bankers fault.

    January 15, 2010 02:32 pm at 2:32 pm |
  12. Mike

    The DCC cannot figure out what is happening. The government wants to tax banks that have repayed the government for the tarp money they received along with the interest. If the government figures they can tax banks that do not owe them anything, what is next? Carpenters, plumbers, electricians,office secretaries etc. The people do not want the demorats/nobama's health care plan and that is what Scott Brown is running on, NO GOVERNMENT HEALTH CARE PLAN......

    January 15, 2010 02:33 pm at 2:33 pm |
  13. LacrosseSon

    Sounds like the dems have seen the latest polls and are getting desperate, huh mom!

    January 15, 2010 02:34 pm at 2:34 pm |
  14. Centrist

    The last thing Americans need is another senator on the side of corporate greed, regardless of party. Brown would enable such nonsense to continue against. American cosumers. Our country must do better.

    Please vote Martha Coakley for US Senate!

    January 15, 2010 02:34 pm at 2:34 pm |
  15. victim of democrat hypocrisy

    Hilarious! Corrupt politician Dodd is telling people to support the candidate who put out an ad linking her opponent to the greedy banks. Hmmm...you mean the same greedy banks Dodd bailed out in order to get a sweet loan for himself?

    O, the hypocrisy of the democrats knows no bounds!

    January 15, 2010 02:37 pm at 2:37 pm |
  16. Gop

    Obama is one who help the greed and corruption that nearly destroyed our economy.

    And he is doing it even more by forcing the take over of our healthcare and his tax and trade bill.

    If anything we need Brown to win as a stop-gap so it puts the breaks on Obama and his gang of thugs destroying this great country as we knew it

    January 15, 2010 02:37 pm at 2:37 pm |
  17. unemployed by Obama

    Lookie, the Dems are using 9/11 as a scene drop. Just like the Dems and their Tax and Spend ways.

    Dems are at it again, Tax and spend, and ohhhh there goes all your money to Hati. Courtesy of Obama and the other Tax and spend Democrates.

    January 15, 2010 02:40 pm at 2:40 pm |
  18. JThomas

    Hey, I oppose the bank fee plan, too, does that mean I think Wall Street shouldn't be punished? No. But here's an idea: if you don't like what a company (bank) does with its fees or what a corporation gives to its CEOs in bonuses, then don't do business with them anymore. Instead, buy local, use a Federal Credit Union for your banking needs. This is what's wrong with America -people are too lazy and don't want to take any responsibility for themselves in any way, shape, or form. No responsibility = loss of freedom. So these politicians (both sides) want to continue running attack ads rather than actually talk about issues that concern us all. Nothing changes. Thanks Obama and the new Democratic party for your closed door sessions and keeping things as they've been. In your own best interest.

    January 15, 2010 02:41 pm at 2:41 pm |
  19. Susan

    I don't know why the democrats are making a big deal about these bank fees after they put a President into the office who voted to raise fees for students in colleges and thinks nothing of adding additional taxes on our energy bills.

    January 15, 2010 02:43 pm at 2:43 pm |
  20. Right Leaning Independent

    All these negative ads did not work well for Repubs in 2008. Who are the hate mongers now?? Martha 'Palin" Coakley and the Dems are running scared!!!!!

    January 15, 2010 02:43 pm at 2:43 pm |
  21. Will

    Yes, Wall Street and Big Banks are greedy corporate entities who don't care about Main Street Americans. So who will the Fat Cats be leveling fees and surcharges against to get back all the money the current administration wants to take?

    They sure aren't going to take a pay cut, no, I'm going to be paying for these super-taxes. My family, my friends, and every other American; we will bear yet more financial burdens and be told this is another historic victory for the people.

    Go Brown!

    January 15, 2010 02:45 pm at 2:45 pm |
  22. GI Joe

    Regulate the Heck out of banks and other financial institutions.

    Boy, G Gordon Liddy, J McCain and the rest of the Keating 5 really made a mess of this country when they started all the deregulation decades ago.

    January 15, 2010 02:46 pm at 2:46 pm |
  23. Ohio D

    I am glad someone opposes them (the fees/taxes). They will just be passed along to us (the consumer) anyway. Every time they try to punish a business, they end up punishing the public instead.

    January 15, 2010 02:46 pm at 2:46 pm |
  24. Right Leaning Independent

    I hope every person with any type of bank job in Mass votes for Brown!!!! I hope every non union person in Mass votes for Brown!!! I hope every person associated with health care votes for Brown!!!! I hope every person affiliated with Wall Street votes for Brown!!!! I hope the rich vote for Brown!!! I hope all the folks that want to be rich vote for Brown....... I hope... I hope....

    January 15, 2010 02:47 pm at 2:47 pm |
  25. Jerry

    Let's see here...Mary Landrieu – $300 million to buy her vote for health care; Ben Nelson – buy off Medicare for the entire state of Nebraska for his support for the health care bill; Auto workers' unions – exemptions from the "Cadillac Plan" tax...and the DSCC is talking about "greed and corruption" on Wall Street. Is this supposed to be somehow worse than the "greed and corruption" in Washington? Riiiiiight.

    January 15, 2010 02:48 pm at 2:48 pm |
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