February 27th 2009
The Obama Lie Machine
Conversation between Incredible Wife and I has been too much about too little money lately. A couple years ago, developer clients were pouring a few million dollars a year into our firm as we helped them win approvals for their challenging development projects – now most of them are gone, and we’re getting by with our other excellent and much appreciated lines of business, but it’s just not the same.
We joked last night about missing a few mortgage payments so we’d qualify for a bail-out from the man who walks on water hot air. Why not go begging for our very own taxpayer-supported present from The “Gifted” One? Our tax dollars are going to pay for others’ mortgage payments, so why not get instead of give?
Because, of course, it’s dishonest. We can make the payments, and we’ve been in this house for 17 years – we’re hardly flippers. And also because Prez-O assured us in his Not the State of the Union Speech that his mortgage bailout plan is clean and is “a plan that won’t help speculators or that neighbor down the street who bought a house he could never hope to afford ….” So we surely wouldn’t get away with such a scam, right? Well …
If the administration has come up with a way to ensure money only goes to those who got in honest trouble, it hasn’t said so.
Defending the program Tuesday at a Senate hearing, Federal Reserve Chairman Ben Bernanke said it’s important to save those who made bad calls, for the greater good. He likened it to calling the fire department to put out a blaze caused by someone smoking in bed.
“I think the smart way to deal with a situation like that is to put out the fire, save him from his own consequences of his own action but then, going forward, enact penalties and set tougher rules about smoking in bed.”
Similarly, the head of the Federal Deposit Insurance Corp. suggested this month it’s not likely aid will be denied to all homeowners who overstated their income or assets to get a mortgage they couldn’t afford.
“I think it’s just simply impractical to try to do a forensic analysis of each and every one of these delinquent loans,” Sheila Bair told National Public Radio.
The source of that – a Town Hall article - is the #1 emailed article on the site today.
Among the other gaffes and flat-out lies called out in the article: The car-haters in the White House don’t know where the car was invented (it’s Germany, not America), he said we’re importing more oil while we’re importing less, and this gem:
OBAMA: “Thanks to our recovery plan, we will double this nation’s supply of renewable energy in the next three years.”
THE FACTS: While the president’s stimulus package includes billions in aid for renewable energy and conservation, his goal is unlikely to be achieved through the recovery plan alone.
In 2007, the U.S. produced 8.4 percent of its electricity from renewable sources, including hydroelectric dams, solar panels and windmills. Under the status quo, the Energy Department says, it will take more than two decades to boost that figure to 12.5 percent.
Respectfully, the man just makes things up; whatever sounds good and sooooothing, he’ll say it. Less respectfully, he’s a liar and smart folks will question everything he says.
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