#NVSen: Heller Campaign Responds To Reid Front Group Attack Ad

Attack ad ignores Berkley’s Wall Street fundraising and vote for Bailout

(Las Vegas, NV) – A new ad running in Reno, Nevada, overlooks the fact that Dean Heller was the only member of the Nevada delegation to oppose the Wall Street bailout. A fact check of the ad, funded by a group led by Harry Reid’s inner circle, shows that the ad’s claims are disingenuous and misleading.

“Shelley Berkley voted for the most expensive handout to Wall Street that our country has ever seen just as Nevada’s economy was crashing.  Dean Heller was the only member of the Nevada delegation to stand up to the big banks and oppose it. What’s worse – Berkley has raised more money from Wall Street than she has from Reno,” said Chandler Smith, Heller for Senate spokeswoman.

Background:

Fact: Dean Heller has not been a stockbroker since 1989. He worked as a stockbroker during college to help pay college tuition and after graduation.   

Fact: Dean Heller voted against sending $700 billion in taxpayers’ dollars to bailout Wall Street.  He was the only member of the Nevada delegation to vote against it. (Lisa Mascaro, “Heller only Nevada legislator to vote against $700 billion bailout; Says more oversight needed on bill,” Las Vegas Sun, October 8, 2008)

Fact: Shelley Berkley voted for the Wall Street bailout. (Lisa Mascaro, “Heller only Nevada legislator to vote against $700 billion bailout; Says more oversight needed on bill,” Las Vegas Sun, October 8, 2008)

Fact: Over the course of his congressional career, Dean Heller has received $190,200 from Wall Street, which amounts to less than 2% of funds raised in his career. (www.opensecrets.org, accessed 5/29/2012)

Fact: Shelley Berkley has received more funds from Wall Street in this cycle than Dean Heller. (www.opensecrets.org, accessed 5/29/12)

Fact: Dean Heller voted against Dodd-Frank bill, legislation masked as “Wall Street reform.” This bill would institutionalize bailouts, harm job growth, and create new taxes by intrusive and unaccountable government agencies and offices. (Paul Sperry, “Dodd-Frank Rules Will Crush Employment,” Investor’s Business Daily, December 13, 2011)

Fact: Shelley Berkley voted for the Wall Street bailout, the Detroit bailout, the trillion dollar stimulus and ObamaCare, all of which have grown our federal debt to more than $15 trillion.

Fact: Dean Heller has zero dollars invested in stocks. Shelley Berkley’s 2010 Personal Financial Disclosure form shows Shelley Berkley and her husband have over $1,000,000 invested in the stock market. (www.opensecrets.org, accessed 5/29/2012)