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Tag Archives: Bailout
Double Whopper, No Beef
The Romney campaign crams two howling falsehoods into a very few words: It accuses President Obama of being personally responsible for actions by the Federal Reserve Board, which is independent. It claims Obama is “spending your tax dollars” in the Fed’s latest move to buy mortgage-backed securities, when in fact …
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Pawlenty’s Bailout Blarney
Once again we find that Tim Pawlenty has changed course on an issue that is something of a litmus test for Republican candidates. In this case, it’s government bailouts. On Jan. 16, he condemned all such bailouts, saying: "I don’t think the government should bail out Wall Street or the …
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Whoppers of Campaign 2010
Midterm elections are an embarrassment of riches for fact-checkers — this year more than others. With Democrats fighting desperately to keep control of the House and Senate, and a torrent of money from corporations and other undisclosed …
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Posted in Articles
Tagged 2010 midterm elections, Bailout, FairTax, health care law, Social Security, stimulus, taxes, whoppers
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Bailout Bonuses Are Back
A TV ad in Arizona’s 1st Congressional District and a mailer in Ohio’s 15th both accuse Democratic candidates of voting to give out huge Wall Street bonuses. That’s way overblown. The American Recovery and Reinvestment Act, also known as the stimulus bill, included less stringent restrictions on bonuses than those in an …
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Bailouts, Taxes and Deceptive Editing
In episode 28 of our podcast, we look at misleading ads from freshman House Democrats who claim they voted against the bank bailout bill, which passed before they took office. Also, we debunk a chain e-mail about taxes, and we highlight a perfect example of how deceptive editing is used …
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Posted in FactCheck Radio
Tagged Bailout, David Petraeus, Gabrielle Giffords, podcast, taxes
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More Bailout Baloney
Four more freshman House Democrats are claiming in ads to have opposed the Wall Street bailout. We wrote last week about five ads being run by first-term Democrats claiming they voted against the bailout, which created the unpopular Troubled Asset Relief Program. But Congress approved the bailout program before these …
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Posted in The FactCheck Wire
Tagged Ann Kirkpatrick, Bailout, Betsy Markey, Mark Schauer, Troubled Asset Relief Program, Walt Minnick
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General Motors’ Debt
Q: Did General Motors repay its TARP loan from the Treasury with other TARP money? A: Yes. GM repaid the loan portion of the automaker bailout ahead of schedule, with interest. It used TARP money it had already received but hadn’t spent. And taxpayers are still stuck with GM stock …
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More Regulatory Rhetoric
A new attack ad targeting three Democratic senators and one Republican criticizes "hidden taxes on … pensions and retirement accounts" in the financial regulation legislation being considered by Congress, and urges the senators to "vote against this phony financial reform." The ad gives a false impression. The Senate bill doesn’t …
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Posted in The FactCheck Wire
Tagged Bailout, Consumers for Competitive Choice, financial reform, Robert Johnson, Stop Too Big to Fail
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The Bailout Bill?
Does the financial regulatory bill put an end to taxpayer-funded bailouts? Or does it "institutionalize" them? Viewers of the Sunday political talk shows and recent C-SPAN clips from the Senate floor might well be wondering, as Democrats (the "end of bailouts" crowd) and some Republicans (the "institutionalize" camp) have made …
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Posted in The FactCheck Wire
Tagged Bailout, banks, Chris Dodd, financial oversight, financial regulation, Mitch McConnell
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