Friday, September 07, 2012

Obama Bashes Bank Bailouts He Voted For; Fact Checkers Yawn

From Obama's convention speech:
We don't want handouts for people who refuse to help themselves, and we certainly don't want bailouts for banks that break the rules.
Wait, what?

Senator Obama voted for TARP on 10/1/08. (Note, there's a common misconception that TARP was an Obama program, but Bush was president at the time. The Washington Post, for example, still hasn't corrected a front-page error on this).

The self-appointed fact checkers are happy to jump on anything they deem misleading, even if it doesn't include an outright falsehood, as Obama's statement does not. Obama's whopper was simply pretending that he is against something he actually voted for and publicly supported. Yet Obama's bailout statement went unmentioned in fact checks by the NYTWashington Post, Associated PressPolitifact and Factcheck.org.

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