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Disingenuous Karl Rove Ad Smears Elizabeth Warren, Implies She Facilitated Bank Bailouts

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 04:51 PM
Original message
Disingenuous Karl Rove Ad Smears Elizabeth Warren, Implies She Facilitated Bank Bailouts
Disingenuous Karl Rove Ad Smears Elizabeth Warren, Implies She Facilitated Bank Bailouts And Corporate Bonuses
http://thinkprogress.org/economy/2011/12/08/385124/karl... /

Karl Roves independent group Crossroads GPS is up with a new advertisement today, smearing Massachusetts senate candidate Elizabeth Warren (D) by insinuating that she was responsible for the Troubled Asset Relief Program (TARP), the bank bailout that took place at the height of the financial crisis.

The ad blames Warren for bailing out the same banks that caused the financial meltdown, bailouts that helped pay big bonuses to bank executives while middle class Americans lost out. It closes by imploring the viewer to tell Professor Warren we need jobs, not more bailouts and bigger government.

The accusation that Warren is responsible for TARP, bank bailouts, or huge executive bonuses is beyond absurd. TARP and the bank bailouts were Republican ideas that began under President Bush. As Simon Johnson notes, Warren has also been a strong supporter of all efforts to rein in Too Big To Fail banks, including by breaking them up.

In fact, her work creating and heading up the Consumer Financial Protection Bureau involved advocating directly on consumers behalf, a key check on the power of big banks. She also ran the Congressional Oversight Panel for TARP, where her role was to track the money that was given to the banks. She was extremely critical of both the banks and Washingtons inability to accurately account for TARP money.


(snip)
By Simon Johnson
I count at least five misrepresentations in the ad, and I suggest the following corrections:
http://baselinescenario.com/2011/12/08/karl-roves-lates...
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Siwsan Donating Member (385 posts) Send PM | Profile | Ignore Thu Dec-08-11 05:02 PM
Response to Original message
1. Disingenuous seems to be the perfect first name for Rove
Disingenuous Karl Rove. Yea, that's a great fit.
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Blue Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:05 PM
Response to Original message
2. I was gonna call Rove a RATFUCKER
But as I learned on DU today, rats are evolutionarily superior to Karl Rove so I wouldn't wish that fate upon them.
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:10 PM
Response to Reply #2
3. Yes. Rats share chocolate, bet Rove wouldn't...n/t
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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:12 PM
Response to Original message
4. In that case he should love her
Good old Karl Rove. Always attacks them where they're strongest. So typical!
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hyphenate Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:19 PM
Response to Original message
5. NOTHING to do with Karl Rove is EVER
disingenuous. Sneaky, underhanded, propagandistic or purely evil they might be, though.
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Progressive dog Donating Member (41 posts) Send PM | Profile | Ignore Thu Dec-08-11 05:33 PM
Response to Original message
6. why are so many people polite to lying creeps like Karl Rove?
I am so sick of the lies of people like Rove described as disingenuous. Lie is much stronger and more accurate word.
Much too polite.
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:36 PM
Response to Original message
7. I'm beginning to think I'm losing my mind.
Santorum wants to cut food stamps because recipients are obese...I guess they are supposed live off their own fat?

Now, Rove blames Warren for TARP and the banking mess?

FOX gets Russia mixed up with Greece?

I guess it's come down to the point where they are throwing **** to the wall to see what will stick. Otherwise, bring the strait jacket.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 08:10 PM
Response to Original message
8. That is a sign Rove was backed into a corner.
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