4 Pinocchios for an unproven Romney claim of ‘crony capitalism’

[MindMover]

http://www.washingtonpost.com/blogs/fact-checker/post/4-pinocchios-for-mitt-romneys-unproven-claim-of-crony-capitalism/2012/07/17/gJQAYuYPsW_blog.html?wprss=rss_fact-checker

[rfranklin]

1. Romney’s phrasing has too many weasel words.

Romney said Obama gave “$500 million in loans to a company called Fisker” — but it was a loan originally submitted under the Bush administration for a Bush administration program. He also said “they make cars now in Finland” — technically true, but in a way that suggests the taxpayer money went for that purpose, rather than for jobs and work in the United States.

Finally, Romney makes the leap that because of the “crony capitalism” — not proven — no jobs will be created. The company says jobs have been created, though the venture is still highly uncertain.

Romney’s phrasing has too many weasel words. An ordinary listener would believe that Obama paid off a contributor to build cars in Finland with U.S. taxpayer money, with no hope of U.S. jobs being created. That does not appear to be the case, at least as Romney has framed it.
http://www.washingtonpost.com/blogs/fact-checker/post/4-pinocchios-for-mitt-romneys-unproven-claim-of-crony-capitalism/2012/07/17/gJQAYuYPsW_blog.html?wprss=rss_fact-checker