The L.A. Times advocates for Obama by utterly distorting John McCain’s initial reaction to last weekend’s financial crisis:
McCain acted first but suffered several false starts. On Monday, he declared that “the fundamentals of our economy are strong.” On Tuesday, he said that the economy, while strong, was in “crisis” and that he opposed a federal bailout of insurance giant AIG. On Wednesday, after the federal government announced that it would take over AIG, he said the action was unavoidable.
What a doddering old fool! On Monday, he didn’t even realize there was a crisis! It took him until Tuesday to acknowledge a crisis!
Except, of course, that is a complete distortion of his comments — as you can tell by looking at his full remarks:
You know that there’s been tremendous turmoil in our financial markets and Wall Street. And it is, it’s – people are frightened by these events. Our economy, I think, still, the fundamentals of our economy are strong but these are very, very difficult times. And I promise you, we will never put America in this position again. We will clean up Wall Street. We will reform government.
That is the statement of a man who understands there is a big problem. But there are seven words in the middle of that paragraph that, if you take them completely out of context, make McCain seem like an out-of-touch buffoon.
So, of course, that’s what Obama did — and, of course, the L.A. Times simply follows suit, because the paper is in Obama’s pocket.
What’s more, they ignored his lengthy clarification — which also took place on Monday, after Obama had pulled those seven words out of context:
Today we are seeing tremendous upheaval on Wall Street. The American economy is in crisis. Unemployment is on the rise and our financial markets are in turmoil. People are concerned about our economic future. But let me say something: this economic crisis is not the fault of the American people. Our workers are the most innovative, the hardest working, the best skilled, most productive, most competitive in the world.
My opponents may disagree, but those fundamentals of America are strong. No one can match an American worker. Our workers sell more goods to more markets than any other on earth. Our workers have always been the strength of our economy, and they remain the strength of our economy today.
McCain said all that Monday. But all the L.A. Times tells you is that he said “the fundamentals of our economy are strong.” This is strong evidence of a deliberate attempt to mislead readers.
You can’t trust anything this paper says without checking with other sources, people. I know most of you know that, but it never hurts to remind you.