A third-party group, the Committee for Truth in Politics, is out with an ad blasting the House’s "Wall Street Reform and Consumer Protection Act." The group, which has no Web site and has made no disclosures to the Federal Election Commission, was created by a North Carolina GOP operative, according to National Public Radio, and is represented by lawyer James Bopp, who sued the FEC on the grounds that the group shouldn’t have to file any kind of spending report to that agency. The... Click to Read the Full Post
Q: Did Congress bail out AIG because it insures members’ pensions? A: This widely e-mailed claim is a hoax. It actually was the Federal Reserve that bailed out AIG, not Congress. And federal pensions aren’t insured by AIG or any other company. Click to Read the Full Post Read More →
Q: Would 3 million jobs be lost if U.S. automakers go under? A: The 3-million-jobs figure is based on doomsday assumptions that are unlikely to materialize. Independent economists put the job loss in the hundreds of thousands if GM and Chrysler go under. Ford has said it can survive on its own for now. Click to Read the Full Post Read More →
