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Laura Vecsey's Blog

Laura Vecsey's Blog

Middle Ground

Dem chair to Toomey: Stop ‘tap-dancing’ about your Wall Street values

The metaphors were mixed but the message was clear: Pennsylvania Democratic Party chairman Jim Burn wants to tear down the image of Pat Toomey as a candidate for all Pennsylvanians.

In a conference call with reporters Thursday, Burn emerged from a post-primary reorganization of the state party leadership to take aim at Toomey, the former Lehigh Valley congressman and former Wall Street derivatives trader. Burn accused Toomey of channeling citizen anxiety about the economy onto the bailouts and stimulus packages enacted since late 2008.

“He’s focused that angst on the band-aid, not the disease, but we’re going to tell voters in Pennsylvania what’s really going on,” Burn said. “His actions [in Congress and as president of conservative Club for Growth] created the shell game. It was a deception and he wants to say the cure is what’s wrong. He created the sickness.

The criticism comes as Democrats have dug up three separate videos featuring Toomey during his stint in Congress, including this from C-SPAN in 1999, when he called for the relaxation of regulation against credit default swaps, and this video from 2000, when he urged the House to deregulate the financial industry.

Toomey’s campaign, for its part, has stayed on message.

“With every independent poll showing Toomey with a big lead, and with [Democrat Joe] Sestak’s Washington allies spending a million dollars in two weeks running attack ads that numerous independent analysts are calling ‘false,; it’s pretty clear that the Sestak campaign has reached a new level of desperation,” spokeswoman Nachama Soloveichik said. “Take away all the smoke and mirrors from the Sestak campaign, and you are left with this indisputable fact: Joe Sestak supported, and Pat Toomey opposed, the biggest gift Washington politicians have ever given Wall Street, and that is the $700-billion bailout paid for by Pennsylvania taxpayers.”

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August 20, 2010 at 8:00 am

--Laura Vecsey

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  1. bill healy

    Aug 20th, 2010

    The Democrats wouldn’t have had to bailout the banks (even though it was bush who signed the bailout and his sec treas paulson who pushed it) if the republicans hadn’t F***ed up the economy so badly.

  2. 95 South

    Aug 21st, 2010

    The Disease is all Liberal, Leftist Democrats who want more of the private sectors money, who continuosly want higher taxes and new tax revenues. How about this for a concept, LET PEOPLE KEEP MORE OF THEIR OWN MONEY. F the Feds.

  3. Texmex

    Aug 22nd, 2010

    Bill Healy: Um, Democrats controlled Congress from 2007 onward. What blame, if any, do you ascribe to Chris Dodd and Barney Frank?

    If Toomey is such a Wall Street pawn, why did he oppose the Wall Street bailout?

    *crickets chirping*

  4. bill healy

    Aug 25th, 2010

    Toomey only opposed it because he wasn’t in a position to vote for it, the idea that Mr.Wall St. would allow his base of contributors to suffer any consequences for their short sighted investments is laughable. The few bills that the Democrats managed to get though the Republican filibusters on Capital Hill were vetoed by bush. I don’t assign blame to those who were not to blame for the crisis. I like how you excuse the Republican congress that held power from 1994 till 2007 of any responsibility though, guess it was all Clinton’s fault. I don’t blame Republican’s for pretending that the 8 years of bush-cheney didn’t exist, with thier horrible record I’d try to pretend it didn’t happen either.

  5. sick of it all

    Aug 25th, 2010

    Toomey is exposed as a fraud more and more every day-keep him talking and spreading his “vision” of America-a small class of rich folk who don’t pay taxes living off the labors or everyone else..medieval fiefdoms seems to be what he is pushing for-Lord of the manor, etc.
    Toomey has had the airwaves to himself for too long and painted a false picture of himself…time to peel back the whitewash and expose him for what he really is.

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