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McClatchy: Private Loans Triggered Financial Crisis

McClatchy: As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail. Federal housing data reveal that the charges aren't true.

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McClatchy Investigation Puts the Lie to Neil Cavuto

Neil Cavuto, the managing editor of "business news" at the Fox "News" Channel and the anchor of its "premiere business news" show, Your World w/Neil Cavuto, has oft stated of late that the financial crisis was borne of the Democrats' push to get Fannie Mae and Freddie Mac to lend to "minorities and risky folks," which, "is a disaster." (He has since moved on to claim that the mess is due to people...

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Obama Wins According to McClatchy?

I’m not one to call a political race over and done with before the actual election happens but the McCain implosion, the Republican self destruction in ethics leads some merit to one political pundit calling the next election for President a landslide. As voters we can not forget the fall out of Denise Hastert, the Republican Speaker of the House over the Mark Foley alleged sex with congressional teen...

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McClatchy Examines McCain's Health Care Proposal

McClatchy/St. Paul Pioneer Press on Friday examined the health care proposal of Republican presidential nominee Sen. John McCain (Ariz.).According to a recent analysis by the Tax Policy Center, the average U.S.

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McClatchy: Deregulated Private Sector Loans Fueled Crisis, Not Fannie or Freddie

Another McCain talking point exposed as myth. Private sector loans, not Fannie or Freddie, triggered crisis By David Goldstein and Kevin G. Hall | McClatchy Newspapers WASHINGTON — As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio...

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McClatchy Washington Bureau | 10/12/2008 | Private sector loans, not Fannie or Freddie, triggered crisis

Conservative silly people (talk radio hosts, right wing blogs, etc) are trying to blame the financial crisis upon policies that encouraged loans to minorities via Freddie and Fannie. This is categorically false, and this article is the first I’ve seen that really lays it out well. (via Steve Benen) (link)

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News From McClatchy

They're chiming in on the economy: As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail. Commentators say that's what triggered the stock market meltdown and the freeze on credit. They've specifically targeted the mortgage...

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McClatchy's Thomma misrepresented Obama's tax plan

On the October 11 edition of MSNBC Live , Steven Thomma, McClatchy Washington bureau chief political correspondent, asserted that Sen. John McCain will likely attack Sen. Barack Obama "as a tax-raiser, someone who'll take money out of your pocket at the very moment you don't want it to happen." When asked for his opinion on Thomma's assessment, Politico politics editor David Mark stated: "Right, I...

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Newspapers Cope With Ad Slowdown: Hold Back On Inventory And Ad Nets

The NYT weighs in on newspapers' struggles amid the online ad slowdown and surveys a number of different strategies being employed. McClatchy, for one, says they are decidedly reducing the number of online ad units in invetory. "It is a case where yeah, you could probably sell another advertiser by creating another ad space," but that would tend to depress overall revenue, says Christian Hendricks,...

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what do you know, it wasn't the poor people that caused the financial crisis

via our good friend stirling newberry at the agonist , we are thankfully shown this argument that successfully kills the rightist meme "the poor people who couldn't afford the mortgages the banks gave them caused the financial meltdown." mcclatchy newspapers : commentators say that's what triggered the stock market meltdown and the freeze on credit. they've specifically targeted the mortgage finance...

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The "L" word

Interesting headline on a McClatchy article published Sunday: "Daring to utter the 'L' word: Obama on track to a landslide." In the piece, reporter Steven Thomma writes: Barring a dramatic change in the political landscape over the next three weeks, Democrats appear headed toward a decisive victory on Election Day... The victory would send Barack Obama to the White House and give him larger Democratic...

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Campaign Porn

McClatchy: WASHINGTON — Barring a dramatic change in the political landscape over the next three weeks, Democrats appear headed toward a decisive victory on Election Day that would give them broad power over the federal government. The victory would send Barack Obama to the White House and give him larger Democratic majorities in both the House of Representatives and the Senate — and perhaps a filibuster-proof...

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Obama on Track to Landslide

From McClatchy : Barring a dramatic change in the political landscape over the next three weeks, Democrats appear headed toward a decisive victory on Election Day that would give them broad power over the federal government. The victory would send Barack Obama to the White House and give him larger Democratic majorities in both the House of Representatives and the Senate — and perhaps a filibuster-proof...

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The poorly played blame game

THE POORLY PLAYED BLAME GAME.... To hear conservatives, most notably John McCain, tell it, four not-so-simple words explain the entire financial meltdown: "Fannie Mae, Freddie Mac." David Goldstein and Kevin G. Hall have a terrific item for McClatchy that sets...

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Landslide Looming?

Well, one prognosticator McClatchy reporter Steven Thomma spoke to thinks so, and the others are all but calling this one over: Former Reagan political adviser Ed Rollins likened today's landscape to that in 1980, when voters were angry at President...