Democrats Daniel Mongiardo and Jack Conway are rolling out new TV commercials today.
The Mongiardo campaign has gone to great pains to annotate each of the :15 second ads; one :15 second spot says Conway "is backed by Wall Street and banking interests." In another :15 second blast, Mongiardo says "My opponent Jack Conway supported cap and trade and invested millions a Texas natural gas company," referring to Conway's Kinder-Morgan investment that Mongiardo and Conway warred over in the fall.
Meanwhile, Jack Conway's newest ad touts "common sense" solutions to economic troubles, including a "hometown tax credit for small and medium-size businesses that want to create new jobs."
On the strenght of ads that attacked Mongiardo's travel, entertainment and housing expenses as Lt. Governor, Conway closed an 18 point gap in the most recent WHAS11/Courier-Journal Bluegrass Poll. Mongiardo is now letting loose on Conway, yet with a smaller ad budget.
Mongiardo is now buying TV time in Louisville.
Mongiardo release on "Wall Street" ad:
Mongiardo In TV Ad Pledges To Fight For Kentucky Families---Not Wall Street Supports Fee On Wall Street Bonuses To Reduce Deficit Conway Backed By Wall Street and Banking Interests ________________________________________ FRANKFORT --- The U.S. Senate campaign of Dr. Daniel Mongiardo has released a new TV ad where Mongiardo pledges "to fight for you/Kentucky families---not Wall Street" and voices strong support for “imposing a fee on record Wall Street bonuses to reduce the deficit” While Mongiardo pledges to take on Wall Street, the ad states Attorney General Jack Conway is “backed by Wall Street and banking interests.” “Kentuckians need a Senator who will fight for them---not Wall Street This Senate race is about whose side are you on. Daniel Mongiardo grew up in Eastern Kentucky and has spent his entire life fighting for working families. In contrast, Jack Conway’s silver spoon campaign is funded by over a half a million dollars from Washington insiders, Wall Street, big utility companies; and big moneyed special interests. Daniel Mongiardo will take on Washington and Wall Street---Jack Conway’s already being funded by them,” said Kim Geveden, Mongiardo campaign spokesman. The text of the ad is as follows: Daniel Mongiardo: Kentucky common sense. It’s imposing a fee on record Wall Street bonuses to reduce the deficit. My opponent is backed by Wall Street and banking interests. I’m Daniel Mongiardo and I approve this message because I’ll fight for you---not Wall Street. Ad Support Statement: Kentucky common sense. It’s imposing a fee on record Wall Street bonuses to reduce the deficit. I’m Daniel Mongiardo and I approve this message because I’ll fight for you---not Wall Street. Facts: Mongiardo has been the most outspoken Senate candidate calling for comprehensive, commonsense Wall Street reforms --- 1/14 - Mongiardo Calls Plan By Wall Street Banks To Pay Record Bonuses “Obscene” Supports Temporary Fee On Wall Street’s Largest Banks To Recover Taxpayer Dollars Used to Bailout Wall Street 1/27 - Mongiardo Opposes Confirmation of Fed. Chairman Bernanke…Need a Chairman Focused on Helping Main Street---Not Just Wall Street 2/3 - Mongiardo Challenges Senate Opponents To Support Fee on Wall Street Bank Profits To Repay Bailout 4/20 - McConnell Blocking Wall Street Reform Statement: My opponent is backed by Wall Street and banking interests. Facts: According to www.OpenSecrets.org, an independent, non-partisan campaign financial watchdog organization that tracks campaign contributions to political candidates running for federal office, through December 31, 2009, Jack Conway has reported receiving $106,000 from securities and investment industry, broken down as follows: • Securities & Investment Industry - *$55,340 • Miscellaneous Finance - *$33,000 • Finance/Credit - *$18,000 * These numbers do not include Conway’s most recent reporting period 1/1/2010 – 3/31/2010. According to Federal Election Commission reports filed by Jack Conway, Conway has raised outside of Kentucky $84,425 from the banking and finance industry---including almost $28,000 from Wall Street. [Click here for chart]. Conway has received contributions from Wall Street bankers from Goldman Sachs, Lazard Feres, Bear Stearns, Morgan Stanley, Merrill Lynch, and others [Click here for chart].
Mongiardo release on "Kentucky Coal" ad:
New Mongiardo TV Ad
Mongiardo Will Be Champion for Kentucky Coal
Conway Supported Cap and Trade & Invested Millions in
Texas Gas Company Hostile To Clean Coal
FRANKFORT---The U.S. Senate campaign of Dr. Daniel Mongiardo has released a new TV ad where Mongiardo states he will be a “champion for Kentucky coal” and contrasts that with Jack Conway’s support of cap and trade and investing millions in a Texas natural gas company opposed to developing clean coal.
“Born in the coal fields of Eastern Kentucky, Daniel Mongiardo has been a strong consistent champion for Kentucky coal. Daniel has always strongly opposed cap and trade and supported the vigorous development of clean Kentucky coal. Endorsed by the United Mine Workers, Daniel understands the importance of coal not just for Kentucky’s economy, but for the potential of clean coal to dramatically reduce our dependence on foreign oil,” said Kim Geveden, Mongiardo spokesman.
“The communities and people who live in the coal fields of Eastern and Western Kentucky can depend on Daniel Mongiardo to be on their side. In contrast, Jack Conway is not on the side of Kentucky coal. Conway’s supported cap and trade which would cost thousands of jobs, decimate coal communities, and double electric rates for rate payers throughout Kentucky,” said Geveden.
“Even worse, Jack Conway has invested over 90% of his money---over a million dollars---in stock in Kinder Morgan, a Texas natural gas company opposed to developing clean Kentucky coal. With his stock holding in Kinder Morgan, Jack Conway personally financially benefits the worse Kentucky coal does. Jack Conway is on the side of Texas natural gas, not on the side of Kentucky coal,” said Geveden.
The text of the ad is as follows:
Daniel Mongiardo: I’ll be a champion for Kentucky coal. My opponent Jack Conway supported cap and trade and invested millions a Texas natural gas company. I’m Daniel Mongiardo and I approve this message because I oppose cap and trade and support clean Kentucky coal.
I’ll be a champion for Kentucky coal.
Born in the coal fields of Eastern Kentucky, after medical school Daniel Mongiardo returned to Eastern Kentucky to provide badly needed medical care, including opening a free health clinic. As a State Senator and Lt. Governor, Daniel has always been a strong champion of developing Kentucky coal.
On May 19, 2009 Mongiardo called on the environmental and coal community to reach an agreement on the development of clean coal. [Press Release, 5/19/09]
On June 25, 2009 Mongiardo expressed his strong opposition to the “cap and trade bill,” being considered the by House of Representatives, saying it would “hurt Kentucky families and devastate Kentucky’s economy.” Mongiardo urged Kentucky House members to vote against it.
On June 30, 2009 upon the House passing the “cap and trade bill,” Mongiardo asked “Where does Jack Stand” in light of Jack Conway’s silence on the issue.
On July 6, 2009 Mongiardo called for a National Energy Plan that “does not unfairly tax Kentucky families and businesses” and called again for Conway to state where he stands on cap and trade.
On December 14, 2009 Mongiardo denounced an EPA decision to regulate greenhouse gas emissions as an attack on Kentucky’s economy and coal industry.
On February 4, 2010 Mongiardo opposed an Obama Administration plan to cut coal subsidies.
On April 1, 2010 Mongiardo called new Environmental Protection Agency regulations regarding surface mining a “declaration of war on Kentucky’s coal industry."
On April 20, 2010 the United Mine Workers of America endorsed Mongiardo.
My opponent Jack Conway supported cap and trade.
On June 30 and July 6, with the House having passed the “cap and trade bill,” Daniel Mongiardo asked “Where does Jack Stand” on cap and trade. Conway’s silence was deafening.
On July 11, the Louisville Courier-Journal ran a story with the headline: “Democratic Senate hopefuls split on ‘cap and trade’ bill.” This story stated Mongiardo “opposes” the cap and trade bill, but Conway “favors” it.
On July 12 the Kentucky Enquirer ran a story with the headline: “Mongiardo and Conway disagree on cap and trade.” This posting stated Mongiardo “opposes” the bill and Conway “favors” it.
On July 12, the blog “Cyberhillbilly” ran a blog entry which headlined: “Conway Mirrors Obama on Global Warming Bill, Favors Cap and Trade.” The blog entry stated: “Jack Conway said this week that he agreed with a controversial global warming measure called Cap and Trade.”
On July 13, the Bluegrass Bulletin ran a story entitled “Conway Casts All in With Obama on Cap and Trade?” which speculated whether Conway’s support for “Obama’s cap and trade plan” would hurt Conway in the election.
“If Obama’s approval numbers continue to plummet…dems will have to run away from him in order to win a seat in Congress. But that might be hard to do for U.S. Senate candidate Jack Conway who, according to Patrick Crowley at NKY.com, says he favors Obama’s cap and trade plan, whereas the other Democrat running for the Senate, Dan Mongiardo, says he opposed cap and trade because it will hurt Kentucky coal.”
On July 16, the Paducah Sun ran an article about where the Senate candidates stood on the cap and trade bill and said “Jack Conway …issued a statement last week saying he supports the Cap and Trade Bill…believes problems can be worked out to prevent high energy costs…said the House version of the bill was improved from Obama’s original plan.”
Conway…invested millions in a Texas natural gas company.
In his 2009 U.S. Senate Personal Financial Disclosure Statement, Conway reported his “biggest asset is stock in Kinder Morgan, a Houston-based energy pipeline and storage company. Conway reported holding between $1 million and $5 million in Kinder Morgan stock.” [Louisville Courier-Journal, 11/9/09]
On November 12, Mongiardo campaign reported: “Conway Invests Millions in Texas Energy Co. That Favors Natural Gas Over Developing KY Coal. Conway To Profit If Cap and Trade Passes, While KY Families Lose Jobs and Pay Higher Electric Bills."[Press Release, 11/12/09]
On November 17, Mongiardo campaign reported “Conway Fails To Report Huge Investment in Kinder-Morgan Energy on State’s Executive Branch Ethics Form.”[Press Release, 11/17/09]
On November 19, Mongiardo campaign reported “Conway Admits Investing Up to $4.98 Million in Texas Energy Company in Spring of ’09; Stonewalls Answering Why He Invested Over 90% of His Assets in Kinder-Morgan Which Will Profit from Cap and Trade.” [Press Release, 11/19/09]
On November 20, Mongiardo campaign reported “Conway’s Refusing To Explain Why He Invested 91% of Stock Holdings—up to $4.98 million---in Company That Calls Investments in Clean Coal Technology ‘Wasting Enormous Sums of Money.'" [Press Release, 11/20/09]
I’m Daniel Mongiardo and I approve this message because I oppose cap and trade and support clean Kentucky coal.
Conway release on "Common Sense" ad:
Conway Releases New Ad, "Common Sense"
Focuses on creating jobs and opportunity for Kentucky,
bringing accountability to Wall Street and Washington.
LOUISVILLE - Jack Conway's campaign for the United States Senate released a new ad today featuring Conway speaking to voters about his plans to create jobs and opportunity for Kentuckians.
To view the ad, go to the Conway campaign website, www.jackconway.org, or click here.
In the 30-second spot, Conway talks about ways he will make a difference for Kentucky's future, if elected to the Senate. His plan includes ways to create jobs, reduce the deficit and bring accountability to Wall Street and Washington with ideas that have been generated in part from his discussions with people all across the Commonwealth.
Below is a complete transcript of the ad. To view the ad, go to the Conway campaign website, www.jackconway.org, or click here.
JACK CONWAY: Parents are losing their jobs. Families are literally being torn apart.
They're having to leave this state to find opportunities and I love this state too much
to let that happen.
What we need is a hometown tax credit for small and medium-size businesses
that want to create new jobs.
We need to get to work for people who are sick of bailing out Wall Street.
We need a top to bottom review of trade deals.
We have nearly 11 percent unemployment in Kentucky. We have to be focused on jobs.
We need those common sense solutions to really get this country working again.
I'm Jack Conway and I approved this message.
Jack Conway is the Attorney General of the Commonwealth of Kentucky and is running for United States Senate. Visit www.jackconway.org to learn more about the Conway campaign.