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Kendrick Meek Releases New TV Ad "All Support" (551 hits)

MIAMI GARDENS, FLA.- Today, the Kendrick Meek for Florida campaign released the campaign's fourth television ad, "All Support." The ad touts the endorsements Kendrick has received from President Obama, former President Clinton, Florida teachers, police, and newspapers across the state. It began running in television markets across Florida this morning. You can watch the ad here.

The full script with supporting facts reads below:

"All Support"

Audio: "I'm Kendrick Meek and I approved this message."

Video: Kendrick walking with his family.

Audio: Every major newspaper has endorsed Kendrick Meek for U.S. Senate. Presidents Obama and Clinton, [Florida] teachers and police all support Kendrick Meek.

Video: Mastheads of all the newspapers that have endorsed Kendrick. Photos of Meek with Obama, Clinton, teachers and police.

Supporting Facts: 9 Major Newspapers Across The State Have Endorsed Kendrick's candidacy.

-St. Petersburg Times (8/1/2010)

-Naples News (8/3/2010)

-Pensacola News Journal (8/4/2010)

-Sarasota Herald-Tribune (8/4/2010)

-Palm Beach Post (8/7/2010)

-Miami Herald (8/8/2010)

-Orlando Sentinel (8/9/2010)

-Tampa Tribune (8/9/2010)

-South Florida Sun-Sentinel (8/11/2010)

Audio: And Jeff Greene? "A flat-out liar."

Video: Screen flips to photo of Greene with quotes.

"Greene is a flat-out liar."

Supporting Facts: Orlando Sentinel, 8/5/10 Columnist Mike Thomas

• Orlando Sentinel Columnist Mike Thomas: Jeff "Greene is a flat-out liar." On Aug. 5, 2010, Orlando Sentinel columnist Mike Thomas wrote, "The Times counted three different versions of the story coming from Greene and his campaign in three days. I can buy someone getting confused about events that happened a long time ago. But you don't 'misspoke' on a visit to Cuba that happened three years ago. Greene is a flat-out liar." [Mike Thomas, Columnist, Orlando Sentinel, 8/5/2010]

Audio: Warren Buffett called credit default swaps "financial weapons of mass destruction."

Video: "Financial weapons of mass destruction."

Reuters, 9/18/08

Supporting Facts: Warren Buffett: Derivatives a Ticking "Time Bomb" and "Financial Weapons of Mass Destruction." On Sept. 18, 2008, Reuters reported, "Five years ago, billionaire investor Warren Buffett called[derivatives like credit default swaps] a 'time bomb' and 'financial weapons of mass destruction' and directed the insurance arm of his Berkshire Hathaway Inc (BRKa.N) to exit the business." [Reuters, 9/18/2008]

• Buffett: Financial Weapons of Mass Destruction I Was Talking Include Credit Default Swaps, a Derivative That Helped Destroyed AIG, Bear Stearns & Lehman. Appearing on The Charlie Rose Show on Oct. 1, 2008, Warren Buffett said that derivatives, which include credit default swaps helped destroy AIG, Bear Stearns and Lehman Brothers. The transcript reads as follows:

CHARLIE ROSE: You have talked about derivatives. Derivatives are, in part, at the core of this problem. Yes?

WARREN BUFFETT: AIG would be doing fine today. It was one of the ten largest companies of the United States in terms of market value, over $200 billion, the most respected insurer in the world. If they never heard of the word derivatives, they would be doing fine. Everybody would be going to work in the morning and they would have no troubles. But they - it was very easy to do, because very tempting to write numbers on little pieces of paper, and you can kind of report the profits you want to, and there`s no limit on it. I mean, there`s no capital requirements to it or anything of the sort. And basically I said they were possibly financial weapons of mass destruction and they have been. I mean, they destroyed AIG. They certainly contributed to the destruction of Bear Stearns and Lehman, although Lehman had other problems too." [The Charlie Rose Show, 10/1/2008]

• Reuters: Credit Default Swaps are Specialized Insurance Designed to Protect Banks from Deadbeat Borrowers That Turned "A Bad Situation Into A Catastrophe." On Sept. 18, 2008, Reuters reported, "But on Wall Street, specialized insurance known as a credit default swaps are turning a bad situation into a catastrophe. When historians write about the current crisis, much of the blame will go to the slump in the housing and mortgage markets, which triggered the losses, layoffs and liquidations sweeping the financial industry. But credit default swaps -- complex derivatives originally designed to protect banks from deadbeat borrowers -- are adding to the turmoil. [Reuters, 9/18/2008]

Audio: And Greene was "the first individual" to use them.

Video: "The first individual"

Forbes, 10/6/2008

Supporting Facts: Forbes: Greene the First Person Allowed to Trade Credit Default Swaps. On Oct. 6, 2008, Forbes reported: "In April 2006, just as the housing market was peaking, Greene convinced Wall Street banks to allow him to trade credit default swaps; he is believed to be the first individual to do so." [Forbes, 10/6/2008]

• Tampa Tribune: "Greene was a Pioneer in Credit-Default Swaps and Got Out Before the Financial Implosion." [Tampa Tribune, 9/23/2009]

Audio: REPORTER: Did Greene become a billionaire betting middle class families would lose their homes? True.

Video: WESH NBC news report.

WESH-NBC, 7/28/10

Supporting Facts: WESH: "Did Greene Become a Billionaire Betting Middle Class Families Would Lose Their Homes? The truth meter rings 'True.'" [WESH, video 1:25-1:35, 7/28/2010]

• NBC Orlando: "It's true that Greene profited from middle-class families losing their homes." [NBC Orlando, 7/28/2010]

Audio: And what does Greene say now? "All I care about is that I get my money."

Video: "All I care about is that I get my money."

St. Petersburg Times, 8/8/10

Supporting Facts: Jeff Greene: "All I Care About is that I Get My Money." On Aug. 8, 2010, the St. Petersburg Times questioned Jeff Greene's practice of signing blank deeds, which provided federally indicted James McConville, "an opening for massive fraud." The Times wrote that it illustrated, "Greene was party to precisely the kind of deal that decimated the market." Greene told the paper, "I'm always signing blank deeds. That's how an escrow company works. If he (McConville) put the deeds in other people's names, that's his business. All I care about is that I get my money." [St. Petersburg Times, 8/8/2010]
Posted By: Kendrick Meek
Thursday, August 12th 2010 at 12:04PM
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