Washington Post gives Bernie Sanders three more Pinocchios
Ahead of the June 5 primary in Puerto Rico, Sanders is pushing his plan to relieve the island territory of its crippling debt. With House legislation in limbo, Sanders is calling on the Federal Reserve to take action — similar to what it did for the big banks during the 2008 financial crisis. Sanders says he plans to propose legislation in the Senate after the election, to help Puerto Rico.
During his speech, Sanders pointed to the section of the Federal Reserve Act that allows the Fed to extend credit to entities other than banks, to support his argument. Is that really feasible?
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The Pinocchio Test
Sanders calls on the Fed to use its emergency lending authority to help Puerto Rico, just as it had used the same authority to rescue failing firms during the financial crisis. But this is quite misleading. The Fed has now adopted limits to its lending authority after the financial crisis, consistent with requirements under Dodd-Frank. Interestingly, Sanders — who supported such restrictions under Dodd-Frank — now wants the Fed to get creative in interpreting its authority to help Puerto Rico.
In his speeches, proposal and his pending legislation, Sanders creates a misleading impression that the Fed has the same authority it had back then, and therefore can rescue Puerto Rico. That’s not the case.
Three Pinocchios
https://www.washingtonpost.com/news/fact-checker/wp/2016/06/03/bernie-sanderss-claim-that-the-fed-can-rescue-puerto-rico-like-it-rescued-wall-street/
= new reply since forum marked as read
The worm has definitely turned. 
as they used in 2008 during the financial crisis?
Or have limits now been adopted after Dodd-Frank became law?
It's a simple question.
...so spread your knowledge. And don't ask me to google it. Answer yer own question. 
Facts (shared or not by those who claim to have them) have a LIBERAL bias, as Stephen told us 10 years ago at the WHCD. So, why do Secretary Clinton supporters dodge them or flat-out deny them at every turn? 
"Entity" needs to be defined here.
about how "dishonest" Clinton is.