Crush Liberalism

comPost’s Kurtz disputes McCain’s ad based on “bad information”…which, um, was published in comPost!

Ya gotta hand it to Howie Kurtz of the Washington comPost.  He’s so knee-deep in the tank fot The One that he’s disputing the ad McCain put out about Obambi’s close ties to failed Fannie Mae exec Frank Raines.  Says Howie:

The Ad: Obama has no background in economics. Who advises him? The Post says it’s Franklin Raines, for “advice on mortgage and housing policy.” Shocking. Under Raines, Fannie Mae committed “extensive financial fraud.” Raines made millions. Fannie Mae collapsed. Taxpayers? Stuck with the bill. Barack Obama. Bad advice. Bad instincts. Not ready to lead.

Analysis: This John McCain ad is based on a disputed premise.

There’s no dispute that Obama has no background in economics — but then, neither does McCain, which makes this an odd charge for the Arizona senator to hurl.

Fannie Mae did collapse, requiring a government takeover, and Raines, its former chairman, paid $25 million in April to settle a case brought by federal authorities investigating his role in the agency’s accounting problems. But he has never been a close adviser to Obama.

Yeah, really…where on Earth would McCain get such a crazy idea?  Oh, I dunno…maybe from Howie’s own friggin’ employer?

In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters. (From July 15, 2008 – Ed.)

In the current crisis, their biggest backers have been Democrats such as Senate Banking Committee Chairman Christopher J. Dodd (Conn.) and House Financial Services Committee Chairman Barney Frank (Mass.). Two members of Mr. Obama’s political circle, James A. Johnson and Franklin D. Raines, are former chief executives of Fannie Mae.  (From August 27, 2008 – Ed.)

Maybe Kurtz is telling us that the content contained within the pages of his newspaper isn’t worth the paper on which it is printed.  That might be one of the first times I can ever recall an MSM’er telling us that his own media source employer’s not credible. 

Nope…no liberal media bias!

September 19, 2008 - Posted by crushliberalism | McCain, media bias, Obama