New York Times Fact-Checks McCain: "Inaccuracies, Exaggerations" Of His Own Position And Obama's


First Posted: 10- 6-08 08:32 PM   |   Updated: 11- 6-08 05:12 AM

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New York Times:

Speaking in Albuquerque on Monday, Senator John McCain attacked Senator Barack Obama on several fronts that by now have become familiar. But many of his charges relating to the economic meltdown, taxation and health care contained inaccuracies or exaggerations of his own position or Mr. Obama's.

Read the whole story: New York Times

Speaking in Albuquerque on Monday, Senator John McCain attacked Senator Barack Obama on several fronts that by now have become familiar. But many of his charges relating to the economic meltdown, taxa...
Speaking in Albuquerque on Monday, Senator John McCain attacked Senator Barack Obama on several fronts that by now have become familiar. But many of his charges relating to the economic meltdown, taxa...
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- Subtle I'm a Fan of Subtle 2 fans permalink

Good grief! Where did McSame get that infomercial crowd? Hilarious.

He seemed to be enjoying himself. Good for him. He's found a new vocation. He can sell Ab Rockets after the election and he can take those simpletons with him.

    Favorite    Flag as abusive Posted 06:26 AM on 10/07/2008
- kfdan I'm a Fan of kfdan 23 fans permalink
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McCain is spewing forth garbage ... any thing to get Americans to pay attention. He's like a drunken sailor casting curses and spilling swag as he saunters down a dark and dingy alley. Do we really need a President like this ... I don't think so!

    Favorite    Flag as abusive Posted 05:29 AM on 10/07/2008
- Whinger I'm a Fan of Whinger 48 fans permalink
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Loser McBush feels the need to lie and distort to make himself more windswept and interesting!

They can't discuss the issues in depth because he and his puppet are empty heads!

    Favorite    Flag as abusive Posted 05:28 AM on 10/07/2008
- nirek I'm a Fan of nirek 110 fans permalink
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Well stated and TRUE ! mcbush and Palin are airheads

    Favorite    Flag as abusive Posted 06:06 AM on 10/07/2008

Then that must make Obama and Biden d**kheads!

    Favorite    Flag as abusive Posted 09:05 AM on 10/07/2008
- sparkey I'm a Fan of sparkey 10 fans permalink
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You have to wonder, when McSame was a pow, did he turn on his fellow prisoners and go negative when it suited him so he could get better treatment? I wouldn't put it past him.

    Favorite    Flag as abusive Posted 04:56 AM on 10/07/2008
- dawlishgal I'm a Fan of dawlishgal 221 fans permalink
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In a word, YES. Read the article in Rolling Stone's Oct. 16 issue. It is on the web and very enlightening re McCain's self-annointed hero status. Seems to me that "hero" (like "genius" or "beautiful" ) is a word that ought to be used descriptively by OTHERS, not by oneself or by a military bigshot father that kept one from being thrown out of both the service adademy and the military itself for incompetence and bad behavior.

McCain wasted taxpayers' money by goofing around the Naval Academy on the taxpayer's dollar, and graduated in the bottom one percent of his class. He would not have been admitted to the academy on his own credentials, so he used his legacy status due to his father and grandfather, the admirals. HE also crashed and destroyed at least 3 tax-payer owned planes because he couldn't be bothered to read the manuals. (And his trolls have the gall to ask where Obama got the money for his education and a house in Chicago).

McCain's assertion that he heroically opted to stay with his men (rather than return to participate in the raising of the family that he dumped almost as soon as he got home) is another pile o' bullcrap. If he had taken advantage of his captors' offer for repatriation, he would have faced a court martiial.

    Favorite    Flag as abusive Posted 06:31 AM on 10/07/2008
- partyofone I'm a Fan of partyofone 45 fans permalink

Republicans who love their country and are concerned about its future must express their outrage. It is sunacceptable for jMcCain and surrogates to attack the patriotism of the other party's nominee and call him a liar and a terrorist.

Barak Obama is a good man, with a loving family, a responsible citizen, a long time community servant, and a sitting Senator of the United States. He won primaries and caucuses across the US, in compeittion with a large field well best qualified candidates and has become the Democratic nominee,. He is cosidered by most of the nation and the world not only to be qualified to be president, but the preferred candidate.

John McCain, like Hillary before him, is losing a run for president, an office to which he feels entitled. Obama's only offense is wining. As with the Clintons, McCain has become mean anddesperate, revealing his lack of character and professional dishonesty.

Republicansshould let it be known that McCains style of politics is REPULSIVE AND WILL NOT BE TOLERATED. I am confident they will do this in the ballot box, but they also need to do it at the top of their lungs. Our nation is challenged in ways most of us have never seen. We have an incompetent president and a compliant Congress. The presidential election is our only hope for real leadership and change. We need to be publicly outraged at McCain and we need to elect Obama.

    Favorite    Flag as abusive Posted 03:20 AM on 10/07/2008

So many mistakes in your statement.....Obama is a liar, many examples of that...too many to name here. Noone said he is a terrorist, but his lack of judgement for associating with terrorists is true.
I believe he is a good family man, but as a community servant, he promoted radicalism, not the kind of change that everyone believes blindly. He did win his previous elections bids, but not on merit. On the contrary, he won because he eliminated his opponents through questionable means even before the election occured. So literally he ran against noone in those races. Most do not consider him qualified.... what on his resume, other than what I dispute here factually, qualifies him?
ENOUGH said!

    Favorite    Flag as abusive Posted 09:13 AM on 10/07/2008
- Sloane7 I'm a Fan of Sloane7 18 fans permalink

So it appears McCain can't speak five sentences without lying in three of them.

    Favorite    Flag as abusive Posted 03:14 AM on 10/07/2008
- Ozarks I'm a Fan of Ozarks 49 fans permalink
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including all "the" or "and" in his sentences are lies

    Favorite    Flag as abusive Posted 05:22 AM on 10/07/2008

Why is it that the NYT spends so much time going through McCain speeches with a fine toothed comb when they spend no time whatsoever playing this sort of game with Obama?

Obama's speeches are replete with mammoth distortions and outright deceptions, both regarding his own record, and of McCain's.

How many times has Obama said that McCain represents 4 more years of Bush? How many times has he said that McCain is running for a 3rd term of the Bush administration?

That's a ridiculous unsubstantiated attack, without one shred of supporting evidence.

Obama has solemnly pledged that he won't raise one single tax on anyone making less than $250,000, when he himself admits that he will raise taxes on electricity.

He says McCain thinks anyone earning less than $5 million is middle class. Again, ridiculous and demonstrably wrong, but repeated daily on the campaign trail unquestioned by the NYT.

And on and on and on.

    Favorite    Flag as abusive Posted 02:57 AM on 10/07/2008
- Sloane7 I'm a Fan of Sloane7 18 fans permalink

Perhaps you should read the column. It explains much of what you are complaining about. McCain would be a third Bush term. In fact, with 90% of the same votes, with Bush campaign staff running McCain's campaign and with Bush policies now McCain policies and with Bush's far right agenda now McCain's far right agenda, it's hard to see how you could possibly defend McCain. Then you add HEALTHCARE. McCain has the worst Healthcare plan ever. Add to that McCain's angry man personality with his erratic behavior and you've basically got the worst candidate for president that I can remember.

    Favorite    Flag as abusive Posted 03:18 AM on 10/07/2008

That's my point. Obama can say "Hey, 90% accuracy is good enough to justify these attacks" and the MSM gulps it down approvingly.

But McCain statements that are 99% accurate at savagely attacked as L I E S.

They don't even attempt to feign being evenhanded in their criticism.

    Favorite    Flag as abusive Posted 09:01 AM on 10/07/2008

DUH....naturally anyone within the same political party will vote alot for their party's ideology....but 90% does show disagreement on important issues. Obama has NEVER voted across party lines....how is this considered change? Mdude is right about the NYT though.....I don't believe I have ever seen a Obama/Biden fact check article. Perhaps the false claims by their campaign would cause it to be larger than the entire Sunday edition of the paper...

    Favorite    Flag as abusive Posted 09:22 AM on 10/07/2008
- MsDoc I'm a Fan of MsDoc 49 fans permalink

I SAW McC say, when asked what he considered the upper level of the middle class, "Oh about five million" with a dismissive wave of his hand.

I don't know any teachers, nurses, firemen, police, small business owners etc etc who make that kind of money.

Guess that shows me where I, a teacher, sit on his economic scale.... darn. And all this time I thought I was middle class.

    Favorite    Flag as abusive Posted 10:12 AM on 10/07/2008
- JohnnyKay I'm a Fan of JohnnyKay 26 fans permalink

In a nutshell? Obama speaks the truth.

In a nutshell? Exactly where we find John McCain; cracked beyond repair.

    Favorite    Flag as abusive Posted 10:24 AM on 10/07/2008

There's more truth to McCain's statement that Obama said Subprime mortgages are good than the spin mentioned by the NYT.

He did say they were good. He said they were abused somehow, but fundamentally good.

The truth is that they are NOT good. They are a phony loan, which no bank that actually had to administer would ever agree to, unless forced by the government.

The fact that the NYT is trying to call McCain out for making a truthful and accurate and honest statement about Obama's beliefs on the matter shows just how far they will compromise their own so-called integrity to keep the true Obama hidden from the voters.

    Favorite    Flag as abusive Posted 02:44 AM on 10/07/2008
- SCVADem I'm a Fan of SCVADem 15 fans permalink
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Please explain how all subprime loans are "phony loans".

    Favorite    Flag as abusive Posted 02:56 AM on 10/07/2008

Obama claimed that lenders realized they could make lots of money on subprime loans by "lowering their standards".

The only situation where this makes sense is one where the lender doesn't have to service the loan, and instead hands it off to someone else to deal with the risk of foreclosure. They take their cut on loan origination fees, and then sell the loan to Fannie and Freddie to socialize the risk.

Before Fannie and Freddie were authorized to purchase Alt-A and Subprime loans, the CRA loans were given grudgingly, because they simply didn't make any economic sense. Afterward, it grew like wildfire, because the risk was no longer a barrier, since the taxpayers were bearing that burden.

    Favorite    Flag as abusive Posted 08:53 AM on 10/07/2008
- research I'm a Fan of research 291 fans permalink

actually, it the diving up and direcviatives based on them without regulation that is the problem. Only 5% of morgagates are late. The loans have very little to do with the problems. i

This crash was caused by the unregulated leveraged speculative trading in derivatives.

The crash was caused by the GOP principles of deregulation.

    Favorite    Flag as abusive Posted 03:22 AM on 10/07/2008

Everything that "Wall Street" was doing was also happening at Fannie and Freddie.

They lost tens of billions of dollars on derivatives that crashed and became worthless. They were guaranteeing the solvency of every Alt-A and subprime loan they had bundled based on holding back a 2-3% commission. They were operating at 65 to 1 leverage, which is far, far more than any bank could ever get away with.

So the next time Obama bashes "lenders" or "Wall Street", remember that the biggest of all, Fannie and Freddie, were engaging in the same behavior as all the rest, and it was all done with the blessing of Democrats in Congress, who ran interference for them and opposed reform.

    Favorite    Flag as abusive Posted 08:49 AM on 10/07/2008

McCain co-sponsored a bill to increase the regulation.....the dems blocked it! Thats what caused the crash...your buddies!

    Favorite    Flag as abusive Posted 09:26 AM on 10/07/2008
- DrVeruju I'm a Fan of DrVeruju 4 fans permalink

I realy don't think you have done any research on this matter. The LACK of regulation is the problem.

From a comment posted on Huffpo last week (Sorry, dont have link)

"University of Michigan Law Professor Michael Barr, a specialist in banking and finance law, flatly rejected claims that the CRA was "a significant factor in the current crisis. CRA was enacted more than 30 years ago. It would be quite odd if this 30-year old law suddenly caused an explosion in bad subprime loans from 2002-2007....Subprime mortgages were mostly made by mortgage brokers and lenders and securitized by investment banks -- institutions not covered by CRA," he told the Huffington Post, adding, "CRA only covers banks and thrifts, and these institutions mostly have not suffered to the same extent or kind from bad lending as the non-CRA-covered institutions at the core of the current crisis. The problem here is not CRA. It is what the late former Fed Governor Ned Gramlich called 'the giant hole in the supervisory safety net' -- bad lending by firms outside the banking sector's rules for prudential supervision, capital requirements, consumer protection and yes, the CRA."

    Favorite    Flag as abusive Posted 05:04 AM on 10/07/2008
- pfc1369 I'm a Fan of pfc1369 113 fans permalink
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Nothing easier than to find an academic who is only too eager to shill for the big boys.

The king of this class of toadies is a rocky fellow named Henry Kissinger.

    Favorite    Flag as abusive Posted 06:57 AM on 10/07/2008

What would happen if a bank bundled bad loans, and nobody bought them? The bank would be stuck with it.

Fannie and Freddie were bundling loans, and they were purchasing bundled loans from other investment banks doing the same. So they were both an originator and a purchaser of these CDOs. In fact, they play such a key role in the CDO market that when economists try to calculate policy effects, they assume that Fannie and Freddie originated 30% of the CDOs in the market. And we already know that they hold more than 50% of all the mortgage debt nationwide. So they're the 800 pound gorilla in the room on CDOs and this whole subprime crisis.

You can't ignore their role, despite all the attempts by Dems to distract from their cash cows.

    Favorite    Flag as abusive Posted 08:58 AM on 10/07/2008

BLAH...BLAH....BLAH....BLAH....bottom line is the democrats should have never forced the industry to make loans to folks that could not afford them and the folks should never have signed the dotted line if they did not understand all of the terms or find guidance before signing.....ITS SIMPLE.... responsibility begins with one's self!

    Favorite    Flag as abusive Posted 09:34 AM on 10/07/2008
- PT6 I'm a Fan of PT6 25 fans permalink

*********************************HAS McCAIN GIVEN UP?********************************************

He is under pressure from Congress to GO AFTER THE BASE WITH THE HATE MESSAGE!

They are all that will LISTEN to this message! Undecided and Democrats just ignore it!

The MAP IS HARDENING, SOLIDIFYING, GELLING, FIRMING UP, and CEMENTING!

He has MATHEMATICALLY LOST THE ELECTION SINCE OBAMA HAS 340 Electoral VOTES!

He is AFRAID of Losing the Heartland and this is his MESSAGE to them not to the REST OF US!

Congress simply wants Palin and McC to FIGHT for THEIR SEATS IN CONGRESS!

In effect "McCain is ATTACKING McCain" not Obama as this message can not SELL to the COUNTRY!

    Favorite    Flag as abusive Posted 02:39 AM on 10/07/2008

I am waiting for McCain to be nailed on his financial and personal connection with a known Iranian government operative ... Chalabi

McCain is owned by this guy Chalabi who was a key staffer and financial supporter of his campaign. Chalabi was found out to be an inside mole for Iran who had held a key position in the American installed Iraqi government.

    Favorite    Flag as abusive Posted 02:37 AM on 10/07/2008
- evekendall I'm a Fan of evekendall 149 fans permalink
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Look at that photo. He's lost his soul.

    Favorite    Flag as abusive Posted 02:36 AM on 10/07/2008
- Axekick I'm a Fan of Axekick 15 fans permalink
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He had one?

    Favorite    Flag as abusive Posted 03:02 AM on 10/07/2008
- imsosure I'm a Fan of imsosure 29 fans permalink
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McCain is an exaggeration of a human being, he is far from decent and clearly has anger issues which cause him to lie and show his willingness to steal and cheat regardless of the cost or consequences.

    Favorite    Flag as abusive Posted 02:34 AM on 10/07/2008
- siney I'm a Fan of siney 10 fans permalink
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it looks like Obama is going to be it, not because he's the messiah - he isn't....rather, we the people, if nothing else, are trained consumers and we b.loody well know the difference between the ripening versus the rotting fruit and which of the two will surely kill us....

    Favorite    Flag as abusive Posted 02:27 AM on 10/07/2008
- Freakpower I'm a Fan of Freakpower 20 fans permalink
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Here is my town hall question submission?
Sen McCain,

How wold you govern when 40,50, 60,+million
American's won't do what your government wants, and don't acknowledge your presidency?

Do you imprison, or kill them?
Or would you step aside for the betterment of the Country?
Do you step aside?

    Favorite    Flag as abusive Posted 01:22 AM on 10/07/2008
- MsDoc I'm a Fan of MsDoc 49 fans permalink

Of course he wouldn't....and give up his life-long dream of out-doing his father and grandfather? NEVER.

    Favorite    Flag as abusive Posted 10:33 AM on 10/07/2008
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