GOP Double Whopper, No Beef
FactCheck.org : Double Whopper, No Beef
Double Whopper, No Beef
Posted on September 17, 2012
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The Romney campaign crams two howling falsehoods into a very few words:
It accuses President Obama of being personally responsible for actions by the Federal Reserve Board, which is independent.
It claims Obama is “spending your tax dollars” in the Fed’s latest move to buy mortgage-backed securities, when in fact the Fed is turning a big profit for the Treasury, reducing the deficit.Romney campaign manager Matt Rhoades committed both these whoppers in an appeal for donations that was emailed Sept. 17 and repeated on the campaign’s website blog.
Matt Rhoades, Sept. 17: Barack Obama is at it again — spending your tax dollars to bail out his failed economic plan. It’s more of the same from an out-of-touch president with no plan to fix our economy and put Americans back to work.This past week, the Federal Reserve announced it would print $40 billion every month to prop up this administration’s jobless recovery — that’s money we can’t afford for jobs we will never see.
Neither claim is true, or even close.