Bits:
Summary
An Obama-Biden ad falsely claims McCain says he wants to “do the same to our health care” that “Wall Street deregulation” has done to the banking industry.
The ad relies on a single phrase from a journal article under McCain’s byline, in which he said he would reduce regulation of health insurance “as we have done over the last decade in banking.” But the full context reveals that McCain was referring narrowly to his proposal to allow people to purchase health insurance across state lines.
Analysis
The Obama-Biden campaign released the ad Sept. 22 and said it will air on national cable TV networks. It claims that McCain said he would “reduce oversight of the health insurance industry … just ‘as we have done over the last decade in banking.’ ” But the ad takes the comments out of context, failing to explain what exactly McCain meant by the comparison to banking. He was talking specifically about allowing the sale and purchase of health insurance plans across state lines.
Obama used this misleading accusation on the campaign trail over the weekend. In Daytona Beach, Florida, on Sept. 20, Obama said: “So let me get this straight – he wants to run health care like they’ve been running Wall Street.”
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Obama ad twists McCain’s words on health care “deregulation.”…
The ad relies on a single phrase from a journal article under McCain’s byline, in which he said he would reduce regulation of health insurance “as we have done over the last decade in banking.” But the full context reveals that McCain ……