Summary We've often said that the spin never stops in Washington. And the weeks since Nov. 4 offer further evidence of that. Consider some of the bogus claims we've debunked […]
Q: Did Nancy Pelosi get wage breaks and tax credits for the American Samoan operations of a company in which her husband owns $17 million worth of stock?
A: This widely e-mailed claim is false. Pelosi’s husband doesn’t own that stock, despite what a bogus Wikipedia entry briefly claimed. Furthermore, American Samoa never got the minimum wage exemption it sought.
Q: Are congressional Democrats talking about confiscating IRA and 401(k) investment accounts?
A: No. There’s no plan to seize these accounts. One House witness at a committee hearing proposed to allow some people to trade their old accounts for a new type that would be less risky.
Q: Is Nancy Pelosi heavily invested in T. Boone Pickens' alternative energy company?
A: No, but her husband bought stock in Clean Energy Fuels Corp. last year. It amounted to a tiny fraction of the couple's assets.
Q: Did Pelosi advocate taxing "windfall" stock profits at 100%?
A: No. A widely circulated e-mail quoting her is a fraud.