Recycling old falsehoods, Limbaugh names "liberalism" as the sole cause of the economic crisis
July 27, 2010 2:59 pm ET
From the July 27 broadcast of Premiere Radio Networks' The Rush Limbaugh Show:
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Previously:
Quick Fact: Hannity falsely suggests Community Reinvestment Act caused financial crisis
Quick Fact: Limbaugh wields CRA myth as a weapon against Dems
AP cites "sweetheart loan scandal" while ignoring that Ethics Committee cleared Dodd of charges
Quick Fact: Dana Perino falsely claims Fannie Mae and Freddie Mac caused the economic crisis
Busy repeating GOP talking points on Fannie/Freddie, Fox News forgets to add the facts
















This is who tea baggers/the GOP establishment consider a leader.
Got a degree in economics, huh? Did you get it from a school you found on a matchbook cover?
You lie.
lib-er-al: not strict or rigorous; free; not literal: a liberal interpretation of a rule.
Liberal interpretation of bank investment regulations, liberal real estate appraisals, liberal use of mortgage backed securities, liberal doses of enthusiasm and optimism, liberal mortgage qualifications, liberal distribution of executive bonuses... All contributed to the economic crisis, all with one shared idea: A more liberal financial business atmoshpere.