More lies from the Obama Camp on McCain's health insurance proposals

Fact Check.Org has caught the Obama campaign in another lie about John McCain's position on the issues. This time, its about health insurance and the Obama campaigns contention that McCain wants to do to health insurance "what he did for Wall Street deregulation."

This is a lie, pure and simple. McCain was referring to the "banking industry" and specifically, allowing people to move across state lines
with their insurance.

The analogy to banking in the article was poorly timed, given recent financial events, though it's likely it was written well before Wall Street's crisis reached its climax last week. McCain senior adviser Douglas Holtz-Eakin complained to reporters that Obama misunderstood what McCain meant: "If Barack Obama thinks that today's financial troubles were caused by policies which allowed Americans to use an ATM anywhere in this country, then it is better that he continue to be silent about solutions to the crisis on Wall Street," he said. Holtz-Eakin told the Wall Street Journal that the article was talking about provisions that allowed for banking across state lines, which were approved in 1995 - not "over the last decade," as the article said.

Obama adviser Jason Furman said that it seemed to him that McCain was referencing 2004 rules that, the Journal reported, "pre-empted state banking regulations and that, [Furman] argues, helped bring on the current financial meltdown." McCain did not cite specific legislation. But it is clear he was comparing such regulations to his proposal to allow the sale of health insurance across state lines.





Considering how the press was screaming last week about McCain's "lies" about Obama, one might legitimately question the intent of the media for not calling Obama out on his repeated lies regarding McCain's positions as well.

But we know the answer to that question, don't we?


Hat Tip: Ed Lasky
Fact Check.Org has caught the Obama campaign in another lie about John McCain's position on the issues. This time, its about health insurance and the Obama campaigns contention that McCain wants to do to health insurance "what he did for Wall Street deregulation."

This is a lie, pure and simple. McCain was referring to the "banking industry" and specifically, allowing people to move across state lines
with their insurance.

The analogy to banking in the article was poorly timed, given recent financial events, though it's likely it was written well before Wall Street's crisis reached its climax last week. McCain senior adviser Douglas Holtz-Eakin complained to reporters that Obama misunderstood what McCain meant: "If Barack Obama thinks that today's financial troubles were caused by policies which allowed Americans to use an ATM anywhere in this country, then it is better that he continue to be silent about solutions to the crisis on Wall Street," he said. Holtz-Eakin told the Wall Street Journal that the article was talking about provisions that allowed for banking across state lines, which were approved in 1995 - not "over the last decade," as the article said.

Obama adviser Jason Furman said that it seemed to him that McCain was referencing 2004 rules that, the Journal reported, "pre-empted state banking regulations and that, [Furman] argues, helped bring on the current financial meltdown." McCain did not cite specific legislation. But it is clear he was comparing such regulations to his proposal to allow the sale of health insurance across state lines.





Considering how the press was screaming last week about McCain's "lies" about Obama, one might legitimately question the intent of the media for not calling Obama out on his repeated lies regarding McCain's positions as well.

But we know the answer to that question, don't we?


Hat Tip: Ed Lasky