“It is time for the Obama campaign to retire this talking point, no matter how much it seems to resonate with voters. The financial crisis of 2008 stemmed from a variety of complex factors, in particular the bubble in housing prices and the rise of exotic financial instruments.”
Becket Adams
The Blaze
10/1/2012
The Obama campaign last week released a two-minute video of the president accusing GOP rival Mitt Romney of supporting policies that, he says, caused the Great Recession, a claim the Washington Post’s (WaPo) Fact Checker has awarded three Pinocchios:
At the root of the Fact Checker article is President Obama‘s claim that Mitt Romney’s support for “bigger tax cuts for the wealthy” and “fewer regulations on Wall Street” will take us back to the “same trickle-down policies that led to the crisis in the first place.” As the WaPo’s Glenn Kessler notes, the name “George W. Bush“ is never mentioned ”but is certainly implied,” meaning the president is more or less trying to paint Romney as another Bush…
The article continues at The Blaze.
Also at the site, Hugo Chavez: ‘If I Were American, I‘d Vote for Obama’
Update: OBAMA IN A NUTSHELL: BUSH, BAIN AND BIBI ARE TO BLAME FOR EVERYTHING
