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Now that the Republican caucus has apparently decided to unanimously oppose any reform of our financial system, House GOP leader John Boehner explains his party’s objections to the final bill reported out of conference last week:

This is killing an ant with a nuclear weapon.

And here is Boehner’s spokesman “explaining” what he meant:

It’s clear Boehner is not minimizing the crisis America faced — he is pointing out that Washington Democrats have produced a bill that will actually kill more jobs and make the situation worse.

So here’s a question: do the standards of journalism require us to take this explanation at face value? I mean, it’s obvious to a fourth grader what Boehner meant: he thinks there were only minor problems with the financial system before the crash, and we just don’t need anything more than a few tweaks here and there to fix things up. He decidedly was minimizing the problems on Wall Street during the years that led up to the crisis.

But do we now have to pretend that’s not what he meant simply because his press flack says that’s not what he meant? Or can we act like adults and interpret his remark in the obvious way? Stay tuned for media reaction later today to find out.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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