Pearce unveils TV ad explaining opposition to bailout

Republican U.S. Senate candidate Steve Pearce is out with a new television ad touting his vote last week against the financial bailout bill.

Here’s the 30-second spot:

“Big banks gave out bad loans and made millions. Wall Street billionaires played fast and loose with your money, took huge salaries and even bigger bonuses. Giant corporations sold mortgages to unsuspecting people who could not afford them and did not need them,” Pearce says in the ad. “Like you, I believe in free markets and free enterprise. It’s the American way. Higher taxes, bigger government and greedy lobbyists are not the answer.”

The TV spot follows a radio ad about the bailout Pearce began airing earlier this week.

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