The Lying King: Obama Says, “We Got Back Every Dime” of Bailout as CBO declares Bailout Will Lose $24 Billion

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”.

Former Independent Presidential Candidate H. Ross Perot Endorses Mitt Romney … “the nation can’t afford four more years of President Obama”

Former Independent Presidential candidate of the Reform Party, H. Ross Perot has thrown his support behind and has endorses Mitt Romney for president. Perot stated in his support for Romney, the United States is on an unsustainable path and “the nation cannot afford four more years of  of President Obama.” This is an interesting endorsement. Probably the most prominent “Independent” ever to run for President. In 1992 Presidential election Perot received nearly 19% of the vote.  Could this endorsement swing the needle for Independents?

Decrying a “stagnant” economy, Perot writes:

“Economic growth is insufficient to create enough jobs for a country whose population is growing. The result is unemployment stuck over 8 percent for every single month of Barack Obama’s presidency.

We have 23 million Americans who are looking for work and either can’t find a full-time job, can’t find a job at all, or who have given up looking. That is wrong. It’s not the way America ought to be.

At the same time, and not unrelated, is the extraordinary explosion of federal deficits and federal debt. In the last four years during Obama’s presidency, he’s added around $5 trillion to our national debt, more than any previous president.

This was accomplished by successive federal budgets that each ran deficits exceeding $1 trillion a year. It is this massive deficit spending that threatens to undermine our future standard of living. To pay for our government’s massive debts, Washington’s profligacy, our children and grandchildren will be paying interest and principal on the nation’s debt for untold years into the future. That is wrong. It’s not the way America ought to be.”

From The Weekly Standard comes an email sent by Perot to the Romney campaign:

“Our country faces a serious choice,” Perot says in a statement emailed out by the Romney campaign. “The fact of the matter is that the United States is on unsustainable course. At stake is nothing less than our position in the world, our standard of living at home, and our constitutional freedoms. That is why I am endorsing Mitt Romney in his quest for the presidency.

Obamanomics: For Every One Person Added to Labor Force, 10 are Deducted from the Labor Force

The entire failed Obama economy and job recovery summed up in one chart …

Forget the fabricated unemployment numbers, forget all the complicated numbers fed to us for human consumption. For those not completely versed in economics and how the political numbers game works, you need to look no further than the following charts that sums up Obamanomics and his failed job recovery …

From the Weekly Standard … For Every 1 Person Added To Labor Force Since January 2009, 10 People Added To Those Not In Labor Force.

“For Every 1 Person Added To Labor Force Since January 2009,” the chart reads, “10 People Added To Those Not In Labor Force.”

That is, in nearly the four years, since President Obama took office in January 2009, only 827,000 people have been added to the labor force, while during that same time period, 8,208,000 have been added to those not in the labor force.

The chart relies on data available from the federal Bureau of Labor Statistics.

As the Lonely Conservative reminds us, this piece of important information must have been missed by Michelle Obama when touting Barack’s economy and jobs recovery. Imagine that, it would appear that Obama’s recovery is not as “huge” as Michelle thinks.

Barack Obama, the Joke in Chief Weighs in on Mariah Carey – Nicki Minaj Fight

Barack Obama – Lost in Smallness, Part 87 …

Really President Obama, all that is going on in the United States and the world and you have time to weigh in on the cat fight between Mariah Carey – Nicki Minaj? Good grief, how small could you possibly be? This is the kind of stuff that just makes one wonder if Obama is remotely serious about being president. Millions of Americans out of work and given up, record number of Americans on food stamps, Iran is on the verge of becoming nuclear, the Middle East is on fire and Obama is dealing with the big issues like the American Idol fight between judges Mariah Carey and Nicki Minaj. UNREAL.

Earlier today, President Obama called into Y100s Michael YO! Show, where he weighed in on a very serious topic plaguing the pop world – the American Idol fight between judges Mariah Carey and Nicki Minaj. What better person to give their opinion on the American Idol spat, other than the top American himself.

The president told Y100 that he believes that the two can work out their differences. When asked how Obama thinks he would do on the reality show, he confessed that he thinks hell stick to his dayjob.

Oh and by the way Barack, no one would think you won the debate with Romney if they read the transcript. Learn to deal with defeat, because defeat is coming in November.

Another Failed Obama Green Energy Venture … Michigan Battery Plant Places Workers on Furlough. Another $150 Million Wasted

Well there you go again … Obama picks another ‘green” energy loser …

Remember during the recent Presidential debate when Mitt Romney stated the following, “Mr President, you just don’t pick winners and losers, you pick losers VIDEO).“ Well, Obama has done it again, this time it is a Michigan battery plant that was given $150 million of tax payer dollars at the Compact Power plant as workers are placed on a rotating furlough.

From Fox News comes the following, ‘Plant that got $150M in taxpayer money to make Volt batteries furloughs workers’.

President Obama touted it in 2010 as evidence “manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced.

Workers at the Compact Power manufacturing facilities in Holland, Mich., run by LG Chem, have been placed on rotating furloughs, working only three weeks per month based on lack of demand for lithium-ion cells.

As the Lonely Conservative opines, remember when Obama was touting that “green energy” jobs boom? Consider that among many of Obama’s 2008 promises to fix the economy in the where are they now files.