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February 28th, 2008 -
Once Again DSCC Chairman Uses Joint Economic Committee To Produce Highly Partisan Iraq Report


 



SENATOR SCHUMER’S LAST JEC REPORT WAS SEEN AS A “POLITICAL TOOL” AND “DESIGNED TO SHOCK”


 



THE CHICAGO TRIBUNE: “But the Republican members of the panel, who say they were not consulted or notified before the report was released, dismissed it as “another thinly veiled exercise in political hyperbole masquerading as academic research.” (GOP to Dems: Withdraw 'defective' report,” Chicago Tribune, 11/13/07)



BBC: “The BBC's Justin Webb in Washington says it was designed to shock Americans into stronger opposition to the war in Iraq.” (“’Hidden costs’ raise US war price,” BBC News, 11/13/07)



FOXNEWS.COM: “The trillion-dollar sums pointed to in the Joint Economic Committee report are aimed at trying to pick off vulnerable Senate Republicans…who are expected to face tight re-election races next year.” (“Democratic Panel's Report Estimates Iraq, Afghanistan Wars at $1.3 Trillion, Double White House Requests,” FoxNews.com, 11/13/07)


INVESTOR’S BUSINESS DAILY: “The suspicion was that Schumer would scrap the JEC's serious economic analysis and make it his own political tool that plays fast and loose with numbers. That speculation became a reality…” (“Bending The Truth," Investor’s Business Daily, 11/14/07)


 



SENATOR SCHUMER’S LAST JEC REPORT WAS PANNED FOR INACCURACY




 

THE WASHINGTON POST: “War funding experts said that the committee's Democrats raise viable arguments but that some of the numbers should be met with skepticism.” (“'Hidden Costs' Double Price Of Two Wars, Democrats Say,” The Washington Post, 11/13/07)



INVESTOR’S BUSINESS DAILY: “On Wednesday, the day after the report's release, GOP members discovered that Democrats had quietly corrected on the JEC Web site "at least 24 multibillion dollar mistakes summing to over $760 billion that appeared in the report as released yesterday.” (“Bending The Truth," Investor’s Business Daily, 11/14/07)



Robert D. Hormats, Vice Chairman Of Goldman Sachs (International) And A Member Of The National Security Council Staff Under Presidents Nixon, Ford And Carter: “He said he thinks it would be hard to show that the Iraq war has caused oil prices to skyrocket or oil producers in the Middle East to falter, and he said he does not think there has been a closing-off of U.S. investment because of the war.” (“'Hidden Costs' Double Price Of Two Wars, Democrats Say,” The Washington Post, 11/13/07)



FOXNEWS.COM: “Other imprecise factors that the report put a price tag on include the ‘direct effect of the war in reducing Iraqi oil production and the indirect effect of creating greater instability in the Middle East.’ Some of those uncertainties led Republicans to roundly blast the report.” (“Democratic Panel's Report Estimates Iraq, Afghanistan Wars at $1.3 Trillion, Double White House Requests,” FoxNews.com, 11/13/07)






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