right-wing bloggers caught lying about 12 year old boy

[antiimperialist]

All you have to do is read this NY Times article posted a few hours ago to spot several lies by conservative bloggers about Graeme Frost, the 12 year old boy used in a campaign against Bush's veto of the SCHIP program for children's health.
Compare claims by the blog Floppingaces with the truth:

1-)According to Floppingaces, the value of their house is "over a half a million". Public records obtained by the NY Times now show the value to be $260,000, up from the original price of $55,000 in the early 90's.

2-)Floppingaces says the kitchen counters are granite; but the Frosts, who live in this house and therefore know what their stuff is made up, told the Times " kitchen counters are concrete."

i won't even mention the one about the Frosts paying $40,000 in tuition, since Thinkprogress debunked it yesterday. (scholarships pay 99% of the children's tuition.

Must-read NYT article:
http://www.nytimes.com/2007/10/10/washington/10memo.html?hp

[Warren DeMontague]

1. Right down the hall from the Dept. of Phony Outrage is the Bureau for Making Shit Up. nt

[hughee99]

2. Is the $260,000 the assessed value or the appraised value?

I imagine if it's from public records, it's the assessed value which is almost always lower. In the case of my house, my assessed value is more than $100K less than the market value (as of 2 years ago when I refinanced). The difference between assessed and appraised value can vary significantly from place to place, though.

[Lucinda]

3. It can vary a lot. The real value is not necessarily

an indicator of wealth though, even with that large jump in value so quickly.

We built our home (I designed, my fella built) and as a result we had instant equity, and with property values increasing in our area, we are now in a home that is worth more that we would ever be qualified to buy with our income. And we can't really touch the equity because it would strap us financially to re-fi.

On paper it sounds good...but it doesnt mean any actual benefit to us financially, until we sell.