Economy Is Democrats' Fault, But Media Turn Blind Eye

Newspapers aren't being honest about what caused crisis: Card
By Ambreen Ali,  Newser User
Posted Oct 22, 2008 6:00 PM CDT
Chris Dodd refused regulation of Fannie Mae and Freddie Mac years ago, when the housing crisis could have been prevented, Card says.   (AP Photo/Susan Walsh)
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(Newser) – Mainstream media—aka the Democrats’ “public relations machine”—have fed Americans a “big fat lie” by ignoring the fact that this economic mess can be traced directly to Democratic policies, writes Orson Scott Card in Meridian. The crisis is “not a vague emanation of the evil Bush administration," says Card. In fact, it was Democrats such as Chris Dodd and Barney Frank who pushed to loosen lending rules in the 1990s and ignored warnings.

All this while Fannie and Freddie poured money into Democrats' coffers. “If these facts had pointed to the Republican Party, you would be treating it as a vast scandal,” Card writes in an open letter to newspapers. But since it was Barack Obama, not John McCain, who consulted Fannie Mae’s defamed CEO for housing advice, the media is mum. And the American people, trained by newspapers "to blame everything bad on Bush,” are following suit.