Tag Archives: financial reform

Satire Alert: Dodd’s ‘Quote’ on Mortgages

Posted on June 8, 2010

Q: Did Sen. Dodd of Connecticut really say that requiring homebuyers to make a 5 percent down payment "would restrict home ownership to only those who can afford it"? A: No. This quote was made up by satirist John Semmens, who regularly writes a blog called Semi-News — A Satirical …
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More Regulatory Rhetoric

Posted on April 23, 2010

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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