|
| FactCheck.Org Finds MoveOn.Org Claim Bogus |
| Thursday, October 02, 2008 |
Who Caused the Economic Crisis?
October 1, 2008
MoveOn.org blames McCain advisers.
Summary
A MoveOn.org Political Action ad plays the partisan blame game with the economic crisis, charging that John McCain's friend and former economic adviser Phil Gramm stripped "safeguards that would have protected us."
The claim is bogus.
Gramm's legislation had broad bipartisan support and was signed into law by President Clinton. Moreover, the bill had nothing to do with causing the crisis, and economists - not to mention President Clinton -praise it for having softened the crisis. |
posted by Jay Are @ 4:13:00 PM   |
|
|
|
|
Front Sight
Ignatius Piazza in San Francisco Chronicle
Ignatius Piazza
Ignatius Piazza Blog
Ignatius Piazza in Playboy Magazine
Ignatius Piazza in Las Vegas Review Journal
Ignatius Piazza in Washington Post
Front Sight in Icon Magazine
Front Sight in London Times
Ignatius Piazza in Santa Cruz Sentinel
|
Post a Comment