LAT fact-checks Limbaugh, hits him for peddling ‘shameless’ lies.

The Los Angeles Times’ media journalist James Rainey take a look at how right-wing pundits Rush Limbaugh and Sean Hannity are dealing with Barack Obama’s victory. “[W]hen he is demonizing Barack Obama, fabricating Obama policies, blaming Obama for single-handedly causing the recession and the stock market crash,” Rainey writes of Limbaugh, “he doesn’t pretend to be fair.” The LAT then offers this fact-check:

limbaugh-barack.jpgIn a time when the nation calls out for cool leadership and rational discussion, Limbaugh stirs the caldron, a tendency he proved in a particularly grotesque way last week when he accused Obama’s party of plotting a government takeover of 401(k) retirement plans.

“They’re going to take your 401(k), put it in the Social Security trust fund, whatever the hell that is,” Limbaugh woofed. “Trust fund, my rear end.”

A slight problem with Limbaugh’s report: Obama and the Democrats have proposed no such thing.

The proposal, in fact, emanated from a single economist, one of many experts testifying to a congressional committee.

Rainey concludes, “To broadcast such a report — so drained of context as to constitute a lie — would be a shameless act at any time. But Limbaugh needlessly stirred the fears of the millions he holds in his thrall — making the 401(k) thievery sound like nearly a done deal. Shameless.”