Obama Lies

“Over the next four months you have a choice to make. Not just between two political parties or even two people. It’s a choice between two very different plans for our country.

Governor Romney’s plan would cut taxes for the folks at the very top, roll back regulations on big banks, and he says that if we do our economy will grow and everyone will benefit.

But you know what? We tried that top-down approach. It’s what caused the mess in the first place.

I believe the only way to create an economy built to last is to strengthen the middle class. Asking the wealthy to pay a little more so we can pay down our debt in a balanced way. So that we can afford to invest in education, manufacturing, and homegrown American energy for good middle class jobs. Sometimes politics can seem very small. But the choice you face, it couldn’t be bigger.”

There are a lot of things I could say about Obama’s lies in this video. But I’ll start with just a few of his lies.

1) “Governor Romney’s plan would cut taxes for the folks at the very top”.

LIE.

Governor Romney’s plan would keep the same tax rates that everyone has enjoyed for almost a decade. Tax rates that, while lower than they had been previously, resulted in higher tax receipts (up 44% in FY 2007 compared to FY 2003) and resulted in over 8 million more people employed.

Now, while Romney wants to keep tax rates the same for everyone (not “cut taxes for the folks at the very top” as Obama falsely claimed), Obama wants “Obama Tax Hikes” on those he considers “wealthy”, which includes many small business owners

Obama wants to increase the tax burden on the very engines of economic growth and job creation.

The Bush Tax Cuts led to 44% higher revenues and over 8 million more people employed.

What would the Obama Tax Hikes do?

It should be easy to see that the Obama Tax Hikes would do the opposite of what the Bush Tax Cuts did, and the Obama Tax Hikes would result in LOST JOBS and LOWER tax revenues.

Why would anyone who want to do that?

Is Obama’s plan to help America succeed, or to bring the American “Empire to its knees”? Does Obama believe that America is exceptional, or that America is “imperialistic”?

2) “roll back regulations on big banks” … Dodd-Frank has been a nightmare, and should be repealed.

3) “But you know what? We tried that top-down approach. It’s what caused the mess in the first place.”

LIE.

What cause the mess in the first place was Democrat policies, not Republican policies.

Republican policies more often than not made the economy better, while Democrat policies more often than not made the economy worse.

Compare the effects of the Bush Tax Cuts vs. Obama Stimulus.

It was the policies of the Democrats that tanked the economy in 2008 and 2009.

Who passed the Community Reinvestment Act? Carter and the Democrats.
Who expanded the Community Reinvestment Act? Clinton and the Democrats.

The Republicans tried for years to rein in Fannie & Freddie, while the Demonrats obstructed, said that there were not any “safety and soundness” issues, and accused the Republicans of racism. (shocker!)

Watch Maxine Waters and other Democrats accuse Republicans of racism as the Republicans tried to increase regulation of Fannie Mae & Freddie Mac, and Democrats covered up the corruption.

It was the Democrats who drove the economy into the ditch, including Senator Obama who was a Senator in the minority in 2005-6 and a Senator in the majority 2007-8. Obama was one of the
Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008 (exceeded only by Chris Dodd and John Kerry, and if you consider that Obama was only campaigning for Federal office 2004-2008, Obama’s per year receipts of Fannie Mae and Freddie Mac Campaign Contributions easily tops the list).

It wasn’t the Bush Tax Cuts that tanked the economy. It was the Democrats’ reckless, irresponsible, and likely criminal handling of Fannie/Freddie the created the sub-prime mortgage crisis that tanked the economy. And his crony capitalist Stimulus made things WORSE, not better.

I’m just fed up with the lies of Obama and his sycophantic media.

UPDATE:
Caught in Another Lie…

Caught in Another Lie

White House Busted!!

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18 Responses to Obama Lies

  1. Barack Hussein Obama on June 23, 2007:

    But my journey is part of a larger journey- one shared by all who’ve ever sought to apply the values of their faith to our society. It’s a journey that takes us back to our nation’s founding, when none other than a UCC church inspired the Boston Tea Party and helped bring an Empire to its knees.

    Barack Hussein Obama on July 23, 2012:

    “We tried our plan – and it worked”

    Was their plan to bring an “Empire to its knees”?

  2. “We tried our plan – and it worked”

    This coming from the same man who said on June 23, 2007:

    But my journey is part of a larger journey- one shared by all who’ve ever sought to apply the values of their faith to our society. It’s a journey that takes us back to our nation’s founding, when none other than a UCC church inspired the Boston Tea Party and helped bring an Empire to its knees.

    The Rev. Dr. John Witherspoon (a signer of the Declaration of Independence) said about the American Revolution:

    there was not the most distant thought of subverting the government or of hurting the interest of the people of Great Britain

    Our Founders were NOT trying to bring the British Empire to its knees!

    Barack Obama is completely off-base to think or suggest that our Founders were motivated by a desire to “bring an Empire to its knees”.

    As David Barton notes:

    King George III dispatched 25,000 British troops to invade his own Colonies, enter the homes of his own citizens to take their private possessions and goods, and imprison them without trials – all in violation of his own British Common Law, English Bill of Rights, and Magna Carta (centuries old documents that formed the basis of the covenant between British rulers and citizens). Only when those governmental covenants had been broken by their rulers and America had been directly attacked did the Americans respond in self-defense.

    But you know who IS all about bringing an Empire, specifically the American Empire, to its knees?

    Our country’s founding Revolution exalted the ideals of equality, justice, and democracy, of life, liberty, and the pursuit of happiness for all. Marxists have long hailed its progressive significance

    Founded in Chicago in 1919, the Communist Party of the United States has an outstanding history in the struggles for peace, democratic rights, racial and gender equality, economic justice, union organization, and international solidarity. Our Party is organized on the principle of democratic centralism, combining maximum democratic discussion and decision-making with maximum unity of will and action, ensuring our ability to play a strong organizing role in the class struggle. We focus our efforts on increasing our ability to organize millions into struggle, fighting anti-communism as a divisive weapon of the capitalist class. With Marxism-Leninism guiding our actions, the Communist Party strives to build the broadest unity against global capitalist imperialism now headed by U.S. imperialism, for immediate gains and reforms that benefit working people, and for a progressive democratization of the government, the economy, and society of our country on the road to and after winning socialism.

    - CONSTITUTION OF THE COMMUNIST PARTY OF THE UNITED STATES OF AMERICA

  3. “You didn’t build that! Somebody else made that happen.”

  4. Bob says:

    1001 reasons to re-elect Barack Obama…

  5. Bob,
    Thanks for sharing that video.
    Here is the post by by Kyle Becker that Bill Whittle mentioned in the video:

    1001 Reasons to Vote Against Barack Obama

  6. Bill Whittle on Obama: It’s a Miracle!
    (“You didn’t build that. Somebody else made that happen.”)

  7. “You didn’t build that! Somebody else made that happen.”

    Obama fully in context:

  8. garnette says:

    In regards to the quote from John Witherspoon, I had a sudden realization of how much the Obamatax is exactly like the Stamp Act. Yeah, I know that the Tea Party has been saying it for a couple of years. But, it never really clicked for me that the colonies were seen as a way to refill the coffers of Britain after they spent all their money fighting wars. Just like how Obamatax is being used to refill or continue to fill our coffers so that Obama and company can spend to their hearts desire. Just like he said no middle class person will see a tax increase and yet that all we have seen since 2009, when the taxes on the 1% aren’t enough then they will decide to tax us. Just what happened in Britain in the mid 1700s.

  9. Thanks for your comment, garnette. It’s good to see you here!

  10. White House Caught in Another Lie…

    Caught in Another Lie

    White House Busted!!

  11. Paul,
    Your comment consists of nothing more than a link. As such, it doesn’t deserve much of a response, but I’ll provide a response anyway.

    I note well that you don’t you don’t personally try to respond to anything I’ve written above. I also note that you are promoting a talking points memo fluffing a report by the Tax Policy Center.

    Discover the networks and you will find that the Tax Policy Center is a joint project of the Urban Institute and the Brookings Institution.

    In 2001, UI and the Brookings Institution began collaboration on a Tax Policy Center (TPC) to discredit President George W. Bush’s tax cut plans, which UI claimed disproportionately and unjustly favored “the wealthy.”

    So, it comes as no surprise that they are trying to discredit Mitt Romney now. But let’s judge their predictions of the future based on their track record over the past 11 years.

    They criticized the Bush Tax Cuts which turned the economy around, created over 8 million new jobs, and raised Federal revenues 44% in just four years. In the last month of majority-Republican control, when the Republicans last controlled the House, Senate, and Presidency in December 2006, the Employment-Population ratio was 63.4%. And over the 144 months that Republicans had majority control, from January 1995 to December 2006, the average Employment-Population ratio was 63.3%.

    The Republican plans worked.

    Then the Democrats took majority control, and for the last 66 months, from January 1997 to June 2012, the average Employment-Population ratio has been 60.1%, and the average over the 42 months of the Obama pResidency(Jan 2009 – June 2012) has been 58.7%, and Obama has been BELOW THAT AVERAGE EACH AND EVERY MONTH FOR OVER TWO YEARS. Over the last three years of the Obama pResidency (July 2009 – June 2012), the average Employment-Population ratio has been 58.5%.

    The Democratic plans FAILED. (Or succeeded, if you believe that their plans fully intended to bring the American “Empire to its knees”.)

    If we had the same Employment-Population ratio now that was the average over 12 YEARS (144 months) of Republican majority-control, it would be 63.3%, not 58.6%. How many more people would be employed?

    Over 11.5 Million more people would be employed!

    The BLS.gov data shows that the current Civilian noninstitutional population is 243,155,000.

    If the Employment-population ratio right now was back to the average of what it was under the Republican majority for 12 years, that 63.3% applied to our current population would mean that the number employed should be:
    243,155,000 * 0.633 = 153,917,115

    However, the ACTUAL Number Employed in the Civilian labor force in June 2012 was = 142,415,000
    representing an Employment-Population Ratio, of:
    142,415,000 / 243,155,000 = 0.5856 = 58.6% (rounding up)

    So how many missing jobs are represented by that Obama level of employment (58.6%) as compared to the 1995-2006 Republican average level of employment (63.3%)?

    153,917,115 – 142,415,000 = 11,502,115

    Over 11.5 Million jobs are missing from the Obama economy!

  12. 7 lies in under 2 minutes:

    How’s that HOPE and CHANGE working out for you?

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