Sean Hannity baselessly asserted that "[t]he federal government and the Democrats ... forced these banks, through the Community Reinvestment Act, to make these risky loans," adding, "The risky loans started the subprime mortgage crisis, which impacted all these financial institutions, which needed government bailouts." In fact, according to housing experts, the vast majority of subprime loans were made by independent lenders not covered by the CRA.
Referring to the Minnesota Senate race recount on Fox News' Hannity & Colmes, Sean Hannity claimed Al Franken is challenging ballots "because he's trying to litigate his way into the Senate seat." But as of November 24, according to the office of the Minnesota secretary of state, Franken and Sen. Norm Coleman have challenged roughly the same number of ballots.
On Hannity & Colmes, Sean Hannity and Hugh Hewitt rehashed the discredited claim that President-elect Barack Obama is to blame for recent declines in the stock market. In fact, analysts have cited economic data on dropping retail sales, increasing unemployment, and other significant factors to explain recent stock-market declines.
The Wall Street Journal, Sean Hannity, and Brit Hume advanced rumors that 32 absentee ballots in Minnesota's Senate election were left in a car and mishandled, suggesting that election officials may have tampered with votes in an effort to benefit Al Franken. The claims followed similar allegations by Coleman campaign lawyer Fritz Knaak. However, none of the three mentioned that Knaak reportedly said later, "It does not appear that there was any ballot-tampering, and that was our concern." Further, election officials have repeatedly said the ballots were sealed and held in a secure location until they were counted.
Sean Hannity and Rush Limbaugh continue to suggest that President-elect Barack Obama is to blame for the decline in the stock market, referring to the state of the stock market as an "Obama recession." In fact, analysts have refuted the proposition that the market decline has anything to do with anticipation of Obama's presidency.
Conservative commentators have asserted that President-elect Barack Obama is to blame for the decline of the stock market since the election. But several analysts disagree, citing weak corporate reports and the release of unemployment statistics.
Sean Hannity asserted that Barack Obama's new White House chief of staff, Rep. Rahm Emanuel, is "one of the hardest left-wing ... radicals" and stated that the choice of Emanuel shows that Obama is "hard, hard left." But contrary to Hannity's assertion, a study using every non-unanimous vote cast in the House in 2007 to determine relative ideology placed Emanuel in a tie for the ranking of 126th most liberal Democratic congressman, and news reports have labeled Emanuel as "a centrist," who has "worked at good relations with Republicans."
After being pressed by Fox News contributor Juan Williams about "having an anti-Semite on his show," Fox News' Sean Hannity again declined to express regret for hosting Andy Martin on Hannity's America. Martin has, among other things, referred to a judge as a "crooked, slimy Jew," and Fox News' senior vice president reportedly expressed regret over Martin's appearance, calling it "a mistake."
Sean Hannity falsely asserted that Sen. Barack Obama promises "to nationalize our health care," and said his is a "false promise." In fact, Obama has not proposed, much less promised, to nationalize health care.
Fox News' Sean Hannity again repeated the false claim that in a 2001 interview, "Sen. Obama said it's a tragedy, quote, that redistribution of wealth was not pursued by the Supreme Court." In fact, the "tragedy" Obama identified during the interview was that the civil rights movement "became so court-focused" in trying to bring about political and economic justice.
Numerous conservative radio hosts, including Chris Baker, Sean Hannity, Mark Levin, Jim Quinn, Michael Savage and Brian Sussman, echoed the false claim, originating on the Drudge Report, that Sen. Barack Obama said in a 2001 interview that he regretted that the Supreme Court has not addressed the redistribution of wealth. In fact, the "traged[y]" Obama identified during the interview was that the civil rights movement "became so court-focused" in trying to bring about political and economic justice.
The Washington Post's Howard Kurtz reported that Fox News Channel "now expresses regret for booking [Andy] Martin," who has a history of making anti-Semitic and racially charged comments, on Hannity's America. Kurtz wrote: "[Fox News Senior Vice President Bill] Shine says Hannity disagrees with some of Martin's past comments. 'Having that guy on was a mistake,' Shine says. " But Hannity himself defended Martin's appearance on his show and has not expressed regret on either Hannity's America or Hannity & Colmes for having hosted Martin.
On Hannity & Colmes, Sean Hannity falsely asserted that Sen. Barack Obama "said" he is "going to ... cut tens of billions of dollars in our military." In fact, Obama has said he would cut "tens of billions of dollars in wasteful spending," not overall defense spending.
On Hannity & Colmes, Sean Hannity again claimed that "[n]obody in the Republican Party" is bringing up race in the context of the presidential campaign. In fact, several Republican officials and supporters have brought up the issue of Obama's race, made racial innuendos, or used his middle name.