He worked as a banker for the First Valley Bank, a stockbroker for W. E. Hutton & Co., and was a consultant for the Easton Area Sewer Authority.
[3] During his first re-election campaign in 1995, Goldsmith raised $33,503 and was endorsed by business, trade and professional associations not only across the Lehigh Valley but also across the state of Pennsylvania.
This allowed him to easily defeat his Democratic challenger Carol Weaver, who raised just $3,325 and received only one endorsement from the Construction and General Laborer's Union, Local 1174.
He focuses his third term on the expansion of the Police and Fire departments, and a revitalization of the downtown including renovations of several buildings.
[7] However, during his third term, in 2002, he was sued by a city employee, Stuart Gallaher, the Assistant Business Administrator on the claim that he had been fired due to disagreeing with the mayor on a political issue.