The Lying King: Obama Says, “We Got Back Every Dime” of Bailout as CBO declares Bailout Will Lose $24 Billion
Posted in: 2012 Elections,Bailouts,Barack Obama,Economy,Epic Fail,Misrepresentation,Obamanation,Obamanomics,Presidential Election,The Lying King,Transparency,WTF
If Obama’s lips are moving, it must be another lie. More from the Lying King …
No wonder Barack Obama has never released his college transcripts. he must have failed math, how else could one explain his following problem with numbers? Last week campaigning in Miami, Obama stated that “we got back every dime we used to rescue the financial system” However, on the very day that President Obama was making the false statement, the CBO announced that the US will lose $24 billion on the bailouts with TARP.
President Barack Obama said on Thursday that “we got back every dime we used to rescue the financial system.”
According to the Congressional Budget Office, however, the government will lose about $24 billion on the bailout.
“We got back every dime we used to rescue the financial system, but we also passed a historic law to end taxpayer-funded Wall Street bailouts for good,” Obama said in Miami Thursday.
Imagine that America, Obama is lying. What a shocker!!! Once again we are presented with the fact that Obama does not let the facts get in the way of his false narrative to misrepresent the truth to “We the People”.
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