Do Facts Matter This Election?

Do Facts Matter?
By Thomas Sowell

Abraham Lincoln said, "You can fool all the people some of the time and some of the people all the time, but you can't fool all the people all the time."

Unfortunately, the future of this country, as well as the fate of the Western world, depends on how many people can be fooled on election day, just a few weeks from now.

Right now, the polls indicate that a whole lot of the people are being fooled a whole lot of the time.

The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain -- which is astonishing in view of which man and which party has had the most to do with bringing on this crisis.

It raises the question: Do facts matter? Or is Obama's rhetoric and the media's spin enough to make facts irrelevant?

Fact Number One: It was liberal Democrats, led by Senator Christopher Dodd and Congressman Barney Frank, who for years-- including the present year-- denied that Fannie Mae and Freddie Mac were taking big risks that could lead to a financial crisis.

It was Senator Dodd, Congressman Frank and other liberal Democrats who for years refused requests from the Bush administration to set up an agency to regulate Fannie Mae and Freddie Mac.

It was liberal Democrats, again led by Dodd and Frank, who for years pushed for Fannie Mae and Freddie Mac to go even further in promoting subprime mortgage loans, which are at the heart of today's financial crisis.

Alan Greenspan warned them four years ago. So did the Chairman of the Council of Economic Advisers to the President. So did Bush's Secretary of the Treasury, five years ago.

Yet, today, what are we hearing? That it was the Bush administration "right-wing ideology" of "de-regulation" that set the stage for the financial crisis. Do facts matter?

We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn't.

Is that the free market? Or do facts not matter?

Then there is the question of being against the "greed" of CEOs and for "the people." Franklin Raines made $90 million while he was head of Fannie Mae and mismanaging that institution into crisis.

Who in Congress defended Franklin Raines? Liberal Democrats, including Maxine Waters and the Congressional Black Caucus, at least one of whom referred to the "lynching" of Raines, as if it was racist to hold him to the same standard as white CEOs.

Even after he was deposed as head of Fannie Mae, Franklin Raines was consulted this year by the Obama campaign for his advice on housing!

The Washington Post criticized the McCain campaign for calling Raines an adviser to Obama, even though that fact was reported in the Washington Post itself on July 16th. The technicality and the spin here is that Raines is not officially listed as an adviser. But someone who advises is an adviser, whether or not his name appears on a letterhead.

The tie between Barack Obama and Franklin Raines is not all one-way. Obama has been the second-largest recipient of Fannie Mae's financial contributions, right after Senator Christopher Dodd.

But ties between Obama and Raines? Not if you read the mainstream media.

Facts don't matter much politically if they are not reported.

The media alone are not alone in keeping the facts from the public. Republicans, for reasons unknown, don't seem to know what it is to counter-attack. They deserve to lose.

But the country does not deserve to be put in the hands of a glib and cocky know-it-all, who has accomplished absolutely nothing beyond the advancement of his own career with rhetoric, and who has for years allied himself with a succession of people who have openly expressed their hatred of America.

Barack Obama and the "Liberal Media"

Media Campaigns Hard for Obama
By Tony Blankley

The mainstream media have gone over the line and are now straight-out propagandists for the Obama campaign.

While they have been liberal and blinkered in their worldview for decades, in 2007-08, for the first time, the major media consciously are covering for one candidate for president and consciously are knifing the other. This is no longer journalism; it is simply propaganda. (The American left-wing version of the Völkischer Beobachter cannot be far behind.)

And as a result, we are less than seven weeks away from possibly electing a president who has not been thoroughly or even halfway honestly presented to the country by our watchdogs -- the press. The image of Obama that the press has presented to the public is not a fair approximation of the real man. They consciously have ignored whole years of his life and have shown a lack of curiosity about such gaps, which bespeaks a lack of journalistic instinct.

Thus, the public image of Obama is of a "man who never was."

I take that phrase from a 1956 movie about a real-life World War II British intelligence operation to trick the Germans into thinking the Allies were going to invade Greece rather than Sicily in 1943. Operation Mincemeat involved the acquisition of a human corpse dressed as "Major William Martin, R.M.," which was put into the sea near Spain. Attached to the corpse was a briefcase containing fake letters suggesting that the Allied attack would be against Sardinia and Greece.

To make the operation credible, British intelligence concocted a fictional life for the corpse, creating a letter from a lover and tickets to a London theater -- all the details of a life, but not the actual life of the dead young man whose corpse was being used. So, too, the man the media have presented to the nation as Obama is not the real man.

The mainstream media ruthlessly and endlessly repeat any McCain gaffes while ignoring Obama gaffes. You have to go to weird little Web sites to see all the stammering and stuttering that Obama needs before getting out a sentence fragment or two. But all you see on the networks is an eventually clear sentence from Obama. You don't see Obama's ludicrous gaffe that Iran is a tiny country and no threat to us. Nor his 57 American states gaffe. Nor his forgetting, if he ever knew, that Russia has a veto in the U.N. Nor his whining and puerile "come on" when he is being challenged. This is the kind of editing one would expect from Goebbels' disciples, not Cronkite's.

More appalling, a skit on NBC's "Saturday Night Live" last weekend suggested that Gov. Palin's husband had sex with his own daughters. That show was written with the assistance of Al Franken, Democratic Party candidate in Minnesota for the U.S. Senate. Talk about incest.

But worse than all the unfair and distorted reporting and image projecting are the shocking gaps in Obama's life that are not reported at all. The major media simply have not reported on Obama's two years at New York's Columbia University, where, among other things, he lived a mere quarter-mile from former terrorist Bill Ayers. Later, they both ended up as neighbors and associates in Chicago. Obama denies more than a passing relationship with Ayers. Should the media be curious? In only two weeks, the media have focused on all the colleges Gov. Palin has attended, her husband's driving habits 20 years ago, and the close criticism of the political opponents Gov. Palin had when she was mayor of Wasilla, Alaska.

But in two years, they haven't bothered to see how close Obama was with the terrorist Ayers.

Nor have the media paid any serious attention to Obama's rise in Chicago politics. How did honest Obama rise in the famously sordid Chicago political machine with the full support of Boss Daley? Despite the great -- and unflattering -- details on Obama's Chicago years presented in David Freddoso's new book on Obama, the mainstream media continue to ignore both the facts and the book. It took a British publication, The Economist, to give Freddoso's book a review with fair comment.

The public image of Obama as an idealistic, post-race, post-partisan, well-spoken and honest young man with the wisdom and courage befitting a great national leader is a confection spun by a willing conspiracy of Obama, his publicist (David Axelrod) and most of the senior editors, producers and reporters of the national media.

Perhaps that is why the National Journal's respected correspondent Stuart Taylor wrote, "The media can no longer be trusted to provide accurate and fair campaign reporting and analysis."

That conspiracy not only has Photoshopped out all of Obama's imperfections (and dirtied up his opponent McCain's image) but also has put most of his questionable history down the memory hole.

The public will be voting based on the idealized image of the man who never was. If he wins, however, we will be governed by the sunken, cynical man Obama really is. One can only hope that the senior journalists will be judged as harshly for their professional misconduct as Wall Street's leaders currently are for their failings.