Tuesday, March 17, 2009

Busted: Mitch McConnell

Think Progress busts Mitch McConnell for making misleading statements on CNN:

This afternoon on CNN, Senate Minority Leader Mitch McConnell (R-KY) pretended as though he had favored capping the salaries of bankers whose firms accepted TARP funds, claiming that his position has been that bailed-out companies “are going to have to operate in a different sort of way.” When host Wolf Blitzer asked whether Congress should have passed salary caps on bailout recipients, McConnell acts as though he had been in favor of such a proposal.

...However, he opposed such a move at the time, telling ABC News, “I really don’t want the government to take over these businesses and start telling them everything about what they can do... We have to resist the temptation to basically dictate to these businesses how to run every aspect of their operation.” On CNN today, McConnell accused AIG of “trying to have it both ways.” Pot, meet kettle.