Boehner testing a new GOP lie
The GOP seems regularly to pick some outrageous lie (e.g., the Great Depression was due to FDR and his policies made it worse), amply contradicted by readily available facts and history, and then repeat it ad nauseam until the Dittoheads take it as truth. One example is that the current financial crisis was not caused by subprime mortgages and derivatives and default credit swaps bas on them, but by the Community Reinvestment Act, which helped minority homeownership. (This is part of a general racist posture embraced by the GOP.) Mike Lillis debunks the CRA myth here.
The new lie is that there was no financial deregulation. Steven Benen has the story, a video, and an easy refutation.
