A Project of The Annenberg Public Policy Center

DCCC Calls Latham Out on TARP

A Democratic robocall in Iowa accuses GOP Rep. Tom Latham of “looking out for himself” by profiting from legislation he actually opposed.
The Des Moines Register reports that the call from the Democratic Congressional Campaign Committee charges Latham with “only looking out for himself, not the middle class,” for having stock in a bank holding company that took Troubled Asset Relief Program funds in 2009.
The problem with that claim is that Latham actually voted against the Emergency Economic Stabilization Act that created TARP back in 2008.

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 lawmakers were even elected, much less sworn in.
It appears the misleading claim is contagious: Now Betsy Markey of Colorado and Mark Schauer of Michigan all have new ads that contain that assertion.

Tussling Over TARP

A recent TV ad from Arkansas Lt. Governor Bill Halter claims that Democratic Sen. Blanche Lincoln "says she voted against bailing out Wall Street." That’s not what Lincoln said. The two are campaigning in the Democratic primary for the Senate.
Halter’s ad refers to a Lincoln campaign ad from March in which she said she has voted against "giving more money to Wall Street."
Lincoln never denied voting in favor of the 2008 Troubled Assets Relief Program,