Sethi ad attacks Hagerty for being ‘entitled, self-dealing’

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A new ad by U.S. Senate candidate Manny Sethi takes aim at rival Republican Bill Hagerty for obtaining a $2.5 million line of credit while small businesses were struggling to get loans amid the coronavirus pandemic.

“How did Hagerty prance right up to the front of the line, and get millions?” the narrator asks. “Well, you see, William Francis Hagerty IV is not a regular guy. He’s entitled, self-dealing. His friends in the ruling class aren’t like you and me.”

The ad was produced by Fred Davis, who is famous for some of his more vicious spots, like the 2011 “Demon Sheep” ad or the “King Rat” video of 2002.

Sethi has loaned his own campaign about $1.9 million. Hagerty disclosed last month that he had obtained the credit from Pinnacle Financial Partners.

The Tennessee Journal reported last week about the close ties between the candidate and the bank: Hagerty served on the board of directors there before he was appointed ambassador to Japan. And the Nashville-based bank’s co-founder and chairman, Rob McCabe, is the brother-in-law of former Gov. Bill Haslam, for whom Hagerty previously served as commissioner of Economic and Community Development.

Here’s a transcript of the ad:

Millions of American small business people have been praying for their small business loans to be funded, to save their companies, save jobs. But most banks just said ‘Big companies came first.’ By the time we got to you, the money was gone.

So, how, on March 27, did Bill Hagerty get a loan for two-and-a-half million dollars to fund his Senate campaign? How did Hagerty prance right up to the front of the line, and get millions?

Well, you see, William Francis Hagerty IV is not a regular guy. He’s entitled, self-dealing. His friends in the ruling class aren’t like you and me. So when Hagerty needed millions, they made sure he got it — ahead of you and me.

So, imagine Hagerty’s take if he was a Senator.

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