Yes, Coolio will make a cameo!
Democratic nominee for U.S. Senate Jim Martin unveiled a new ad this morning in which an invisible hand scribbles on a chalkboard and teaches us all a lesson about "Saxby Economics." Martin says U.S. Sen. Saxby Chambliss has doled out tax breaks to oil-slurping and job-shipping companies, continued to OK $10 billion a month for the war in Iraq, and that somehow all these decisions led to Wall Street's meltdown. Meanwhile, Martin fails to mention how the yacht makers are faring during this tumultuous time. Won't anyone think about the yacht makers?!?!
At the end, we're treated to a shot of Provost Martin saying we need to erase all that junk and start thinking about the little people again. I'll be thinking about the yacht makers, thank you very much!
Here's the ad in all its glory. Hat tip to Jim Galloway at the AJC's Political Insider.
[kml_flashembed movie="http://www.youtube.com/v/sRA175Fzxys" width="425" height="350" wmode="transparent" /]
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I get your intention, but you know who the "yacht makers" employ right?
I think of this $ 700B (minimum) bailout and think of the unintended consequences we saw with the "Luxury Tax". The Fed was going to soak the rich by taxing their yachts, airplanes, cars, etc. The end result was a severely damaged domestic yacht and general aviation industry with lots of laid of blue collar workers.