The Helena Independent Register reports that Senator Jon Tester (D, MT) refutes misleading ads claiming that the financial reform bill is a bank “bailout.” Here is an excerpt:
A little-known political group with links to conservative and Republican Party figures is urging Montanans to oppose a “big bank bailout bill” — but U.S. Sen. Jon Tester says the bill does no such thing, and wonders who’s really behind the ad.
“That ad is confusing a lot of folks, because it’s not true,” he said Wednesday in a telephone interview. “We’re not dealing with any $4 trillion bank bailout. …
“To confuse people and put forward an ad with a lot of false information, and not tell people who you are? … I cannot believe the system works this way.”
The ad, which began running last week on TV stations in Montana and other areas around the country, is sponsored by The Committee for Truth in Politics, whose registered agent is a North Carolina attorney involved in Republican Party politics, according to press reports.