The Lancaster New Era joins The Philadelphia Inquirer in pointing out blatant errors and intentional lies about Toomey in ads paid by the Sestak campaign and the Democratic Senatorial Campaign Committee.
From the New Era editorial:
Democrats' attempt to link GOP Senate candidate Pat Toomey to the worst of Wall Street excesses is disingenuous, at best. At worst, it's not true.Read the full editorial, Sestak distorts Toomey resume, at the newspaper's website.
A recent political ad from the Democratic Senatorial Campaign Committee attempts to link Toomey to the use of risky derivatives "that wound up nearly destroying our economy."
Toomey was, in fact, a derivatives trader in the 1980s. Only they weren't the same sort of derivatives. They were currency derivatives, not the "credit default swaps" that many say caused the 2008 financial meltdown. Swaps came only after Toomey had left Wall Street.
Sestak needs to clean up his act, and he should disavow the deceptive ads pedaled by the Democratic Senatorial Campaign Committee.
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