Tag Archives: Bailout

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 …
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The Big Bank Bailout Bill?

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 …
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AIG Bailout

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.

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Loss of Automaker Jobs?

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 …
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Keeping Quiet?

Summary A new McCain-Palin ad says that "McCain and his congressional allies led" on the financial crisis while Obama was "mum." That's simply not true: Obama has in fact made several statements about the crisis on Wall Street in recent days, delivering his most specific remarks on how government regulations …
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