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Friday, October 3, 2008
Ron Kessler Scaremongering Watch
Topic: Newsmax

Ronald Kessler asserts in an Oct. 1 Newsmax column claims that Republicans failing to to take the lead on the financial bailout could lead to Barack Obama winning, and you know what that means -- more baseless scaremongering by Kessler about how purportedly weak Obama is on terrorism:

This financial mess has favored Barack Obama in the polls. If Republicans continue to oppose the rescue package, they will hand Obama and Democrats in Congress a win in the November election.

If that happens, we will see a push to weaken national security measures, including tools the FBI and CIA need to develop clues to terrorist plots. As outlined in the Newsmax article The Secret to Why We Have Not Been Attacked. Go here now.], McCain understands the need for these tools. Obama does not.

As important as our economy is, our survival is more important. Al-Qaida wants to wipe us out with nuclear weapons. If the FBI’s and CIA’s hands are tied behind their backs, we will lose the fight to protect ourselves and preserve our way of life.

That link goes to a Sept. 10 Kessler column with even more anti-Obama scaremongering, baselessly claiming that Obama "would roll back the clock and take away tools necessary not only to connect the dots but also to find them in the first place" (those tools allegedly being a key reason to "why we have not been attacked," along with President Bush's general studliness).

Kessler also gets a key fact wrong on the bailout, asserting that "Democrats are mainly responsible for this financial mess" because "the Democrats passed the Community Reinvestment Act of 1977, which required banks to lend in the low-income neighborhoods where they obtain deposits." In fact, experts have said that approximately 80 percent of high-priced subprime loans were offered by financial institutions that are not subject to the CRA.

Posted by Terry K. at 9:25 AM EDT

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