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Keyword: subprimefiasco
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GOP Candidates School Media On Crisis Origins
Journalism: Bloomberg News has published a piece designed to shame GOP White House hopefuls for fingering government housing policy in the crisis. But it's Bloomberg that needs schooling. Its lengthy article scoffs at top Republican candidates Mitt Romney and Newt Gingrich for laying much of the blame on federal regulations. It argues their view "has been rejected" by the Washington punditry, as well as the Democrat-appointed "commission that investigated the meltdown." While true, the prevailing wisdom is dead wrong. And the business wire not only parroted this false Democrat narrative, but conveniently omitted key facts. Take Bloomberg's analysis of the...
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