More Obama Lies

WedNEWSday - January 7th, 2009

In referring to his proposed federal “stimulus” plan as the “American Recovery and Reinvestment Plan,” Barack Obama is quite deceptive to say the least.  The federal “stimulus” plan is the largest federal spending bill in the history of The United States.  Its primary intent is to bail out state and local governments who have already proven themselves to be poor stewards of taxpayer dollars.  Obama’s plan is like taking a cash advance on a credit card to pay all the credit card bills.  Perhaps he should consult with Peter Schiff of Euro Pacific Capital.  Unlike Barack Obama, Mr. Schiff seems to have a clue as to how the economy works.  Mr. Schiff states:

“Governments cannot create but merely redirect. When the government spends, the money has to come from somewhere. If the government doesn’t have a surplus, then it must come from taxes. If taxes don’t go up, then it must come from increased borrowing. If lenders won’t lend, then it must come from the printing press, which is where all these bailouts are headed. But each additional dollar printed diminishes the value of those already in circulation. Something cannot be effortlessly created from nothing.”

This from Accuracy in Media - January 4th, 2009

http://www.aim.org/aim-column/obamas-lies-about-government-bailout-plan/

• Jonah Goldberg: What Kind of Socialist is Barack Obama? Sunday Paper - April 25th, 2010 The assertion that Barack Obama is a socialist became a hallmark of the 2008 presidential campaign. His opponent, John McCain, used Obama’s own extemporaneous words to an Ohio plumber as Exhibit A: “When you spread the wealth around,” Obama had said, “it’s good for......
• More Thug Tactics: Obama 'Whacks' Inspector General WedNEWSday - June 17th, 2009 The Inspector General of the AmeriCorps was fired, without the 30 days notice required by law, by Barack Obama.  Gerald Walpin, the fired inspector, appears to have been the target of retaliation by Barack and Michelle Obama. Senator Claire McCaskill (D) Missouri, openly objected to the......
• Obama Will Have You (the Taxpayer) Pay for Abortions Sunday Paper - November 15th, 2009 We already know Obama overturned legislation preventing the use of U.S. taxpayer dollars to fund abortions overseas, now he aims to strip abortion language from the healthcare bill... The amendment, authored by Rep. Bart Stupak, D-Mich., went beyond preventing the proposed government-run plan from......
• Free Press Panders for Taxpayer Funded Obama Propaganda WedNEWSday - May 27th, 2009 A socialist-oriented “media reform” group with ties to the Obama Administration is calling for new federal programs and the spending of tens of billions of (taxpayers') dollars to keep journalists employed at liberal media outlets and to put them to work in new “public media.”......
• Obama to Overturn Abortion Rule Sunday Paper - March 1st, 2009 Last month we learned that Barack Obama will be spending our families' (i.e. taxpayers and their families') money on the funding of overseas abortions.  Now, just days laters, we learn of a second assault on the lives of the innocent.  President Obama's administration announced late Friday......

• Planning for Children with Special Needs Part III – The Third Party Special Needs Trust Disclaimer: You should always check with your financial or legal professional before estate or financial planning especially when dealing with as sensitive and advanced subject such as Children with Special Needs. This is the Third Part of a multi-post series on planning for children with special needs. Part I –......
• Retirement Planning 101 It is a really good idea for you to have plans when it comes to your retirement. Planning is really only one of the steps that are involved in achieving the life you intend for yourself after work. A plan is going to serve you well when it comes to......
• Bust Out of a Financial Rut At different times in our life, for one reason or another, we find ourselves in a rut. We go through the motions with little consideration for the outcome or benefit we are receiving from our input. Some could say we are in a trance, a subconscious state of doing the status......
• Smart Shopping During the Holidays When the holiday season rolls around, many of us naturally turn to our credit cards and treat them as a viable way to plump up our budgets for gift giving. Sure, credit cards can be a real life saver when cash is tight, but the secret to using our credit......
• Devaluation of the College Degree If you graduated from college in the 70's or 80's, get ready to be extra proud of that degree. The next generation of college graduates will also be receiving degrees. But many of them won't be worth much compared to yours. I will explain.I have focused this week on the......