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Serial smearer Corsi's explanation for mortgage bubble loaded with falsehoods aimed at Dems

October 14, 2009 1:19 pm ET

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SUMMARY: Appearing on Hannity to promote his latest book, America for Sale, author Jerome Corsi purported to explain the causes of the mortgage bubble by advancing a litany of falsehoods and misinformation: repeating the myth that the Community Reinvestment Act was responsible for the bubble; claiming that President Obama was tied to the housing bubble through conservative bogeyman ACORN; and falsely suggesting that Obama lowered interest rates to "zero or close to zero." Corsi has previously written falsehood-laden books about Obama and Sen. John Kerry, has claimed that Obama posted online a "false, fake birth certificate," and has a history of controversial comments about Islam, Catholicism, progressives, and other matters.

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