Obama To Unleash "Truth Teams" To Counter Negative Coverage...

[paulitician]

At GOP Presidential Debate, Rep. Bachmann Blamed The Community Reinvestment Act And Fannie Mae And Freddie Mac For The Crisis. At the October 11, 2011, GOP presidential primary debate, Rep. Michele Bachmann (R-MN) said: "I think if you look at the problem with the economic meltdown, you can trace it right back to the federal government, because it was the federal government that demanded that banks and mortgage companies lower platinum-level -- level -- lending standards to new lows. [...] It was the federal government that pushed the subprime loans. It was the federal government that pushed the Community Reinvestment Act. It was Congressman Barney Frank and also Senator Chris Dodd that continued to push government-directed housing goals. They pushed the banks to meet these rules. And if banks failed to meet those rules, then the federal government said, we won't let you merge; we won't let you grow. There's a real problem: It began with the federal government, and it began with Feddie and -- Freddie and Fannie." [GOP Debate, 10/11/11, via CFR.org]
[back to top]
Facts Show Private Lenders Who Were Not Subject To CRA, Not Government-Backed Ones Who Were, Drove The Subprime Mortgage Market
Private Firms, Not Fannie And Freddie, Dominated The Subprime Mortgage Market
2007: The Collapse Of The Housing Bubble And Widespread Defaults On Subprime Loans Triggered A Banking Crisis That Led To A Massive Recession. From Slate: "The only near consensus is on the question of what triggered the not-quite-a-depression. In 2007, the housing bubble burst, leading to a high rate of defaults on subprime mortgages. Exposure to bad mortgages doomed Bear Stearns in March 2008, then led to a banking crisis that fall. A global recession became inevitable once the government decided not to rescue Lehman Bros. from default in September 2008. Lehman's was the biggest bankruptcy in history, and it led promptly to a powerful economic contraction. Somewhere around here, agreement ends." [Slate, 1/9/10, emphasis added]
The Subprime Market Surged From 2004 To 2006. As reported by McClatchy: "Subprime lending offered high-cost loans to the weakest borrowers during the housing boom that lasted from 2001 to 2007. Subprime lending was at its height from 2004 to 2006." [McClatchy, 10/12/08]
From 2004 To 2006, Fannie And Freddie's Share Of Subprime Market Fell From Almost Half To Just Under One-Quarter. As reported by McClatchy: "But these loans, and those to low- and moderate-income families represent a small portion of overall lending. And at the height of the housing boom in 2005 and 2006, Republicans and their party's standard bearer, President Bush, didn't criticize any sort of lending, frequently boasting that they were presiding over the highest-ever rates of U.S. homeownership. Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication." [McClatchy, 10/12/08, emphasis added]
· Fannie And Freddie Faced Tougher Regulatory Standards Than The Private Firms. As reported by McClatchy: "One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble." [McClatchy, 10/12/08]

Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act | Political Correction

The BIG LIES never end...

Why do we even still have a Fannie Mae or Freddie Mac? My God, if you can't even get rid of those corrupt monstrosities, there really is no hope for our nation. $16 Trillion and rising. Yikes!

 

[Toddsterpatriot]

What negative coverage? Just about the entire MSM licks his boots on a daily basis. And if he's calling them "Truth Teams", you know they're really just Lie Teams. Oh well, here come the Brown Shirts anyway. Isn't 'Hope & Change' fun?

The Obama campaign is to “educate” and deploy what it describes as “truth teams” to ensure that any attacks on the president’s record are feverishly countered in the run up to the general election.

ABC News reports that teams of Obamanoids will be launched initially in 13 “swing states,” including Iowa, Michigan, New Hampshire, New Mexico, North Carolina, Wisconsin, Arizona, Colorado, Florida, Minnesota, Nevada, Ohio and Virginia.

“The goal is to ensure that when Republicans attack President Obama’s record, grassroots supporters can take ownership of the campaign and share the facts with the undecided voters in their lives,” the campaign said in a statement.

“If the other guys are going to run a campaign based on misrepresenting the president’s record – and their own – we have two options: sit back and let these lies go unchallenged, or fight back with the truth,” deputy Obama campaign manager Stephanie Cutter said in an email. ”We’re fighting back.”

Republican National Committee spokeswoman Kirsten Kukowski issued a response to the news, noting “The Obama campaign is organizing propaganda teams to deceive voters because Americans are catching onto the reality that Obama’s record doesn’t match his rhetoric.”

“How else will they mask the broken promises like introducing another trillion dollar deficit or the fact that the president continues to recycle the same proposals without ever seeing results?” Kukowski told ABC News in an email.

This is not the first time the Obama campaign has deployed squads of jacked up supporters in such a way. In 2008, Obama’s “Fight the Smears” campaign involved more than 1 million supporters in “public education” roles.

One “Obama truth squad” in Missouri vowed to arrest anyone telling ‘lies’ about Obama, and acted to otherwise intimidate anyone criticizing him or his policies.

Obama also made use of incredibly Orwellian sounding “truth squads” to aid in flagging up and denouncing opponents of his health care plan in 2009. The Obama campaign asked supporters to report any negative press or emails to the White House.

Read More:
DRUDGE REPORT 2012®
» Obama To Unleash “Truth Teams” To Counter Negative Coverage Alex Jones' Infowars: There's a war on for your mind!

Finally, Obama job creation.

 

[francoHFW]

What negative coverage and lies? I guess it's just a coincidence 50% of the dupes believe Obama is a Marxist Kenyan Muslim, ACORN stole the election, or see sig pp3. Pubs lie like rugs...Only dupes of the huge Pub propaganda machine believe all this crappe and much more. Plus they never hear pp1....their ignorance and duperie is scandalous....

I take it you're on the Truth err uh, i mean Lie Team.

Guess what, hyena, you're a brainwashed idiot....change the channel. Google any of these ridiculous big lies and you'll find plenty of links to polls by reputable firms...Rush/Beck/ Fox/ Pubs lie to and spin you all 24/7.

 

[francoHFW]

The shame is the many dupes who don't CARE they parrot lies....that's so dysfunctional they are bitter, stupid, racist or incredibly selfish....worst party in the modern world...

 

[Toddsterpatriot]

The shame is the many dupes who don't CARE they parrot lies....that's so dysfunctional they are bitter, stupid, racist or incredibly selfish....worst party in the modern world...

Yes, it's terrible, the ignorance of Dems is overwhelming.

 

[Papageorgio]

What negative coverage and lies? I guess it's just a coincidence 50% of the dupes believe Obama is a Marxist Kenyan Muslim, ACORN stole the election, or see sig pp3. Pubs lie like rugs...Only dupes of the huge Pub propaganda machine believe all this crappe and much more. Plus they never hear pp1....their ignorance and duperie is scandalous....

How did Bush counteract, he stole 2000 election, he was responsible for 9/11, he stole Ohio in 2004? I don't recall truth squads, do to?

 

[francoHFW]

I'm sorry- dupes are lovely people- but I can't take their lazy, ignorant, careless, stupid politics a minute longer. Sorry.

 

[Trajan]

Cool.

And why are you comparing Obama to a white Austrian Roman Catholic? Who hated the Jews?

excellent work comrade, report him, you have passed the test.

 

[Trajan]

yeah. sure. There is no bias against Obama. I really wonder if the ABC report that "teams of Obamanoids" is factually accurate and quotable.

ask media matters, I am sure they know.

 

[francoHFW]

What negative coverage and lies? I guess it's just a coincidence 50% of the dupes believe Obama is a Marxist Kenyan Muslim, ACORN stole the election, or see sig pp3. Pubs lie like rugs...Only dupes of the huge Pub propaganda machine believe all this crappe and much more. Plus they never hear pp1....their ignorance and duperie is scandalous....

How did Bush counteract, he stole 2000 election, he was responsible for 9/11, he stole Ohio in 2004? I don't recall truth squads, do to?

Maybe 5% believe that (except the PUBS stealing the election), but 50% of the dupes believe the Marxist Kenyan ACORN crappe, and last I heard 50% of the country still think Saddam had something to do with 9/11. Great bait and switch con job. Same with F+F, the Obama recession, etc etc.

 

[Uncensored2008]

Guess what, hyena, you're a brainwashed idiot....change the channel. Google any of these ridiculous big lies and you'll find plenty of links to polls by reputable firms...Rush/Beck/ Fox/ Pubs lie to and spin you all 24/7.

When the Obama team hands you your brown shirt, do they also give you a club, or any sort of weapon?

I'm just curious.

 

[imbalance]

I'm sorry- dupes are lovely people- but I can't take their lazy, ignorant, careless, stupid politics a minute longer. Sorry.

 

[francoHFW]

At GOP Presidential Debate, Rep. Bachmann Blamed The Community Reinvestment Act And Fannie Mae And Freddie Mac For The Crisis. At the October 11, 2011, GOP presidential primary debate, Rep. Michele Bachmann (R-MN) said: "I think if you look at the problem with the economic meltdown, you can trace it right back to the federal government, because it was the federal government that demanded that banks and mortgage companies lower platinum-level -- level -- lending standards to new lows. [...] It was the federal government that pushed the subprime loans. It was the federal government that pushed the Community Reinvestment Act. It was Congressman Barney Frank and also Senator Chris Dodd that continued to push government-directed housing goals. They pushed the banks to meet these rules. And if banks failed to meet those rules, then the federal government said, we won't let you merge; we won't let you grow. There's a real problem: It began with the federal government, and it began with Feddie and -- Freddie and Fannie." [GOP Debate, 10/11/11, via CFR.org]
[back to top]
Facts Show Private Lenders Who Were Not Subject To CRA, Not Government-Backed Ones Who Were, Drove The Subprime Mortgage Market
Private Firms, Not Fannie And Freddie, Dominated The Subprime Mortgage Market
2007: The Collapse Of The Housing Bubble And Widespread Defaults On Subprime Loans Triggered A Banking Crisis That Led To A Massive Recession. From Slate: "The only near consensus is on the question of what triggered the not-quite-a-depression. In 2007, the housing bubble burst, leading to a high rate of defaults on subprime mortgages. Exposure to bad mortgages doomed Bear Stearns in March 2008, then led to a banking crisis that fall. A global recession became inevitable once the government decided not to rescue Lehman Bros. from default in September 2008. Lehman's was the biggest bankruptcy in history, and it led promptly to a powerful economic contraction. Somewhere around here, agreement ends." [Slate, 1/9/10, emphasis added]
The Subprime Market Surged From 2004 To 2006. As reported by McClatchy: "Subprime lending offered high-cost loans to the weakest borrowers during the housing boom that lasted from 2001 to 2007. Subprime lending was at its height from 2004 to 2006." [McClatchy, 10/12/08]
From 2004 To 2006, Fannie And Freddie's Share Of Subprime Market Fell From Almost Half To Just Under One-Quarter. As reported by McClatchy: "But these loans, and those to low- and moderate-income families represent a small portion of overall lending. And at the height of the housing boom in 2005 and 2006, Republicans and their party's standard bearer, President Bush, didn't criticize any sort of lending, frequently boasting that they were presiding over the highest-ever rates of U.S. homeownership. Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication." [McClatchy, 10/12/08, emphasis added]
· Fannie And Freddie Faced Tougher Regulatory Standards Than The Private Firms. As reported by McClatchy: "One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble." [McClatchy, 10/12/08]

Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act | Political Correction

The BIG LIES never end...

Why do we even still have a Fannie Mae or Freddie Mac? My God, if you can't even get rid of those corrupt monstrosities, there really is no hope for our nation. $16 Trillion and rising. Yikes!

Read it AGAIN. Because they're a helluvalot less corrupt than the "Free Market" private lenders who got us in this mess, thanks to Pub cronyism and deregulation.

 

[Toddsterpatriot]

At GOP Presidential Debate, Rep. Bachmann Blamed The Community Reinvestment Act And Fannie Mae And Freddie Mac For The Crisis. At the October 11, 2011, GOP presidential primary debate, Rep. Michele Bachmann (R-MN) said: "I think if you look at the problem with the economic meltdown, you can trace it right back to the federal government, because it was the federal government that demanded that banks and mortgage companies lower platinum-level -- level -- lending standards to new lows. [...] It was the federal government that pushed the subprime loans. It was the federal government that pushed the Community Reinvestment Act. It was Congressman Barney Frank and also Senator Chris Dodd that continued to push government-directed housing goals. They pushed the banks to meet these rules. And if banks failed to meet those rules, then the federal government said, we won't let you merge; we won't let you grow. There's a real problem: It began with the federal government, and it began with Feddie and -- Freddie and Fannie." [GOP Debate, 10/11/11, via CFR.org]
[back to top]
Facts Show Private Lenders Who Were Not Subject To CRA, Not Government-Backed Ones Who Were, Drove The Subprime Mortgage Market
Private Firms, Not Fannie And Freddie, Dominated The Subprime Mortgage Market
2007: The Collapse Of The Housing Bubble And Widespread Defaults On Subprime Loans Triggered A Banking Crisis That Led To A Massive Recession. From Slate: "The only near consensus is on the question of what triggered the not-quite-a-depression. In 2007, the housing bubble burst, leading to a high rate of defaults on subprime mortgages. Exposure to bad mortgages doomed Bear Stearns in March 2008, then led to a banking crisis that fall. A global recession became inevitable once the government decided not to rescue Lehman Bros. from default in September 2008. Lehman's was the biggest bankruptcy in history, and it led promptly to a powerful economic contraction. Somewhere around here, agreement ends." [Slate, 1/9/10, emphasis added]
The Subprime Market Surged From 2004 To 2006. As reported by McClatchy: "Subprime lending offered high-cost loans to the weakest borrowers during the housing boom that lasted from 2001 to 2007. Subprime lending was at its height from 2004 to 2006." [McClatchy, 10/12/08]
From 2004 To 2006, Fannie And Freddie's Share Of Subprime Market Fell From Almost Half To Just Under One-Quarter. As reported by McClatchy: "But these loans, and those to low- and moderate-income families represent a small portion of overall lending. And at the height of the housing boom in 2005 and 2006, Republicans and their party's standard bearer, President Bush, didn't criticize any sort of lending, frequently boasting that they were presiding over the highest-ever rates of U.S. homeownership. Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication." [McClatchy, 10/12/08, emphasis added]
· Fannie And Freddie Faced Tougher Regulatory Standards Than The Private Firms. As reported by McClatchy: "One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble." [McClatchy, 10/12/08]

Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act | Political Correction

The BIG LIES never end...

Why do we even still have a Fannie Mae or Freddie Mac? My God, if you can't even get rid of those corrupt monstrosities, there really is no hope for our nation. $16 Trillion and rising. Yikes!

Read it AGAIN. Because they're a helluvalot less corrupt than the "Free Market" private lenders who got us in this mess, thanks to Pub cronyism and deregulation.

Deregulation? When?

 

[Robodoon]

 

[koshergrl]

Cool.

And why are you comparing Obama to a white Austrian Roman Catholic? Who hated the Jews?

Sallow is apparently a member of a truth team.

 

[francoHFW]

Guess what, hyena, you're a brainwashed idiot....change the channel. Google any of these ridiculous big lies and you'll find plenty of links to polls by reputable firms...Rush/Beck/ Fox/ Pubs lie to and spin you all 24/7.

When the Obama team hands you your brown shirt, do they also give you a club, or any sort of weapon?

I'm just curious.

Try and focus on the incredibly destructive big lies you think are so funny, maybe even the Pub POLICIES that lead to the ruin of the non rich, see pp 1 in sig, and stop being distracted by hateful, divisive BS, Rush/Beck/Fox/Pubbot.

 

[TakeAStepBack]

I'm sorry- dupes are lovely people- but I can't take their lazy, ignorant, careless, stupid politics a minute longer. Sorry.

Suite meltdown, brah.

You have no intelligent point here do you? It's just name call, name call and then, nqame call some more.

Both parties spin half truths and lies as truths.

The last state of the Union address is a testiment to that fact.

And Obama's "truth teams" is hilarious. Group think!! "Everyone, here are are counter arguments when people question the Obama."

 

[koshergrl]

"
“The Obama campaign is organizing propaganda teams to deceive voters because Americans are catching onto the reality that Obama’s record doesn’t match his rhetoric,” Kukowski said in an email. “How else will they mask the broken promises like introducing another trillion dollar deficit or the fact that the president continues to recycle the same proposals without ever seeing results?”

http://abcnews.go.com/blogs/politics/2012/02/obama-campaign-launches-truth-teams/

 

[francoHFW]

Why do we even still have a Fannie Mae or Freddie Mac? My God, if you can't even get rid of those corrupt monstrosities, there really is no hope for our nation. $16 Trillion and rising. Yikes!

Read it AGAIN. Because they're a helluvalot less corrupt than the "Free Market" private lenders who got us in this mess, thanks to Pub cronyism and deregulation.

Deregulation? When?

Are you serious LOL?

Facts Show Private Lenders Who Were Not Subject To CRA, Not Government-Backed Ones Who Were, Drove The Subprime Mortgage Market
Deregulation Of Financial Markets And GOP-Appointed Absentee Regulators Paved The Way For The Subprime Bubble To Cause A Broad Collapse
"Financial Crisis Inquiry Commission" Expert Panel Found Wall Street Recklessness Caused The Crisis
Author Of Top Book On Financial Crisis Says There Is No Evidence For Blaming Either The CRA Or Fannie And Freddie

Copy and google any of these...gd computer.