The Ministry of Truth Speaks: American Prospect Tries to Pass Off Mortgage Turncoat Schneiderman as Hero

I’m not looking forward to months of pre-election image-burnishing fabrication. The nausea-inducing offering of the day, The Man the Banks Fear Most from the American Prospect, gives us an idea of what we have in store.

The good news is that this revisionist history on the craven sellout by Eric Schneiderman on the mortgage settlement appears to be in response to a damaging New York Daily News article last week. That story outed the fact that the mortgage task force, the trinket offered to Schneiderman in return for going silent on his stance on the settlement talks, appears to be going nowhere. (Efforts to rebut this charge served only to establish that the officialdom has totaled the investigations that were underway and are trying to depict them as new activity) Schneiderman had been the leader of the opposition. Getting him on the side of the Administration enabled them to push the deal over the line.

The good news is this shameless propaganda piece is unlikely to do much to change souring opinions of Schneiderman. Matt Stoller pointed out that he is either unknown or disliked in New York. Today, Politico, which is more influential in DC than American Prospect, ran an op-ed by Tracy Van Slyke on Obama’s Missing Task Force.

But you really need to have a look at the American Prospect piece to see how transparently awful it is. It is clearly based on interviews with Schneiderman and a few of his allies. Much of the piece is told from his perspective and other bits, such as a flattering recap of his career, are pure PR puffery.

Rest here…