Biden's chairman of his Council of Economic Advisers, Jared Bernstein, doubles down on inflation being 9% when Biden took office, a statement now fact-checked to death since Biden incorrectly stated it

Jared Bernstein is emblematic of the malarkey in the Biden administration.

He's called an economist, but has no economic credentials. Bernstein took his college degrees in music and social work.

Neil Cavuto savages Bernstein here.

Separately, this short Q&A with Bernstein about printing money and lending it is just epic.

DNC still full of malarkey, won't recognize Boston Globe poll showing Tulsi at 6% qualifying her for Dec debate

Rigged!

The secret mission of the Biden tour bus is to clean up the malarkey flushed by the DNC bus in 2016

Remember that politicians usually lead with the thing they will end up botching the most, so your choice is tons more immigrants under Trump or tons more malarkey under Biden

Grover Norquist is full of malarkey: G.H.W. Bush accepted the Profiles in Courage Award for raising taxes!

Seen here.

























Bush 41 might have regretted what he did in 1992, but by 2014 he and his family were all too happy with the strange new respect award from the liberal Kennedy clan.

James Pethokoukis Trots Out His August 2010 Surprise as a January 2012 Surprise

Involving a supposed mass refinancing of GSE-backed mortgages.

Rush Limbaugh fell for it on his show today, but it's a recycled attempt at a story to which there was nothing when it first appeared a year and a half ago, and there's nothing to it now unless . . . Obama makes another very quick recess appointment, and a bunch of lenders agree to take huge hits.

Fat chance, I say.

Aside from the political toxicity of the former (even The New Republic thinks Obama's recent appointment was unconstitutional), I can't imagine how lenders are just going to agree to eat half of the losses associated with rewriting mortgages at today's lower interest rates, especially with the stiffer Basel III bank capital rules now taking effect: "[T]he plan would have an immediate fixed cost to the government of . . . $242 billion with half that cost split equally between the government and lenders." 

Linda Lowell at housingwire.com, among others, knew the story was malarkey way back when here.

For Pethokoukis' August 2010 version, see here. For the January 2012 version, now see here.