PolitiFact.com Founder & Editor Bill Adair reveals the biggest fib from the 2012 campaign season

In any political campaign, both sides are bound to make extreme statements and when that happens, the fact checkers get to work, cutting through the talking points to find the truth. PolitiFact is one of the most prominent fact-checking websites out there and every year, their staff picks what they consider to be the most outlandish phony statement from the past year in politics. Bill Adair is the founder and editor of PolitiFact.com and this morning he joins “Starting Point” to announce 2012's official "Lie of the Year."

Adair says the 2012 campaign "Lie of the Year" is, “the claim by the Romney campaign that Jeep was going to move its production to China at the cost of American jobs.” He adds, “This was a last minute point in an ad made in Ohio but it really had ramifications far behind Ohio.”

Adair says the reason they chose the Chrysler ad is “because it was so brazen.” “They also put out a radio as that said the same thing and they continued to repeat it even after Chrysler fact checkers had said it was simply not true.”