Crossroads GPS Unveils Bob Kerrey Attack Ad In Nebraska

05/18/2012 03:47 pm ET

A new political ad is on the air in Nebraska attacking the state's former Democratic Sen. Bob Kerrey, who is running for his old seat again this year.

Crossroads GPS, a right-leaning group backed by Karl Rove, will spend $260,000 on the statewide ad campaign knocking Kerrey for supporting a $700 billion bank bailout in 2008.

The ad campaign comes days after the Nebraska primary. Democrats had recruited Kerrey to help keep the U.S. Senate seat being vacated by Ben Nelson. Kerrey coasted to an easy victory, while rural rancher and State Sen. Deb Fischer pulled off an upset in the Republican primary, emerging from relative obscurity to beat out her better-known opponents, Attorney General Jon Bruning and State Treasurer Don Stenberg.

The ad dubs Kerrey "Bailout Bob," blasting him for serving on the board of an insurance company that attempted to access bailout funds.

“Kerrey’s company tried a bureaucratic ploy to get bailout funds, but the ploy failed,” the ad says. “These schemes were called a disturbing trend by an independent watchdog, violating the spirit of the law to jump on the gravy train. For bailout Bob Kerrey, it’s Wall Street ways, not Nebraska values.”

A recent Rasmussen poll shows Fischer in the lead, 56 percent to 38 percent.

Watch the full ad here:

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