The White House Is Responding To Negative Media Reports

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The furor over the way that the New York Times has reported on the Bush adminstration has prompted the White House to respond fast & furiously! I guess all of the negative ratings & commentary about President George Bush has pushed more than a few buttons. And this article in Sunday’s NY Times has really gotten them pissed! Check out this excerpt from Politico.com:

The White House on Sunday issued a blistering 500-word response to a scathing 5,000-word article on the front page of Sunday’s New York Times that says President Bush and his style and philosophy of governing played a direct role in the mortgage meltdown that’s crippling the nation’s economy.

The response accused the nation’s largest Sunday paper of “gross negligence.”

“The Times’ ‘reporting’ in this story amounted to finding selected quotes to support a story the reporters fully intended to write from the onset, while disregarding anything that didn’t fit their point of view,” White House Press Secretary Dana Perino said in an e-mailed statement.

In an unusual double-header, The White House later issued a document headlined, “Setting the Record Straight: The Three Most Egregious Claims In The New York Times Article On The Housing Crisis.”

The article was part of the newspaper’s “The Reckoning Series” about the nation’s market implosion, and was headlined, “‘Ownership society’: White House Philosophy Stoked Mortgage Bonfire.”

“Eight years after arriving in Washington vowing to spread the dream of homeownership, Mr. Bush is leaving office, as he himself said recently, ‘faced with the prospect of a global meltdown’ with roots in the housing sector he so ardently championed,” says the article by Jo Becker, Sheryl Gay Stolberg and Stephen Labaton. “There are plenty of culprits, like lenders who peddled easy credit, consumers who took on mortgages they could not afford and Wall Street chieftains who loaded up on mortgage-backed securities without regard to the risk. But the story of how we got here is partly one of Mr. Bush’s own making, according to a review of his tenure that included interviews with dozens of current and former administration officials. From his earliest days in office, Mr. Bush paired his belief that Americans do best when they own their own home with his conviction that markets do best when let alone….”(End of Excerpt) Read the whole article here:(http://www.politico.com/news/stories/1208/16787.html

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