Obama Also Cured Polio and Discovered Uranium


Click here to get Caucus of Corruption: The Truth About The New Democratic Majority by Matt Margolis and Mark Noonan.

I can remember, during Bush’s presidency, the unemployment rate going down every month, the stock market going up, real wages going up, and all sorts of economic indicators supporting the fact that the economy was strong, getting better … for everyone. Despite month after month of data supporting Bush’s claim that his tax cuts succeeded in getting us out of recession into a period of record-breaking economic growth, Democrats found all sorts of ways to talk the economy down, and pretend as though we were living in hard economic times like the Great Depression.

So, now, with an economy now owned by Obama and his party, with the unemployment rate getting higher, we’re getting equally ridiculous claims of how Democrats “rescued” the economy, and today, Obama even tried to take credit for an economic turnaround.

President Obama on Saturday continued his administration’s careful efforts to take credit for the slowly improving economy, using his radio address to tout the economic turnaround since world leaders met in London in April.

At the time of the G-20 summit, the world’s economic situation was dire, Obama said in the radio address. The meeting in London marked “a crisis that required unprecedented international cooperation to jumpstart the world’s economies and help break the downward spiral that enveloped all our nations,” he said.

Next week, Obama and the same world leaders will gather in Pittsburgh for what Obama called “a five-month checkup” on the financial actions taken by their countries.

“Because of the steps taken by our nation and all nations, we can now say that we have stopped our economic freefall,” the president said in the address, which is broadcast on the radio and the internet.

But the president was quick to note that he is not satisfied with the extent of the recovery in the United States or globally, saying that “stopping the bleeding isn’t nearly enough.”

“Our work is far from over,” he said. “We know we still have a lot to do, in conjunction with nations around the world, to strengthen the rules governing financial markets and ensure that we never again find ourselves in the precarious situation we found ourselves in just one year ago.”

How’s that for audacity? As i recently wrote for the American Issues Project, “How can [Obama] claim the economy has rescued even as economists are warning of a double-dip recession, his own economic advisor says there may be high unemployment for years to come, US credit is shrinking at a Great Depression rate, and so on and so forth?” Some economists also put the true unemployment rate in double digits.

Are we really supposed to beliieve Obama when he says that two plus two is five? For Obama to claim he rescued the economy is like him taking credit for curing polio and discovering uranium. Sadly, there are plenty willing to drink that Kool-Aid, and talk about a million jobs “saved or created” as 7.4 million Americans have lost their jobs in less than a year.

Two plus two is five, is that the “change” Obama was talking about?

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Matt Margolis is co-author (with Mark Noonan) of Caucus of Corruption: The Truth About The New Democratic Majority. He also blogs at The Buffalo Bean. Follow Matt on Twitter.


5 Responses to “Obama Also Cured Polio and Discovered Uranium”

  1. ragingbull says:

    but obama has “saved” millions of jobs. imagine what the unemployment rate had he not done that.

    on the flip side, i wish bush would have said, the iraq war “saved” millions of american lives…how would the left reacted to that? their heads may have exploded.

  2. Amazona says:

    Remember, when unemployment was at an all-time low under Bush, the BDSers bleated that there were really just millions and millions and MILLIONS of unemployed, but they had just been unemployed for so long they weren’t receiving benefits any more and so they weren’t counted, thereby making the actual factual numbers reported meaningless?

    (Yes, they really did make this silly claim. I couldn’t make this kind of stuff up.)

    And now that we KNOW that millions and millions of Amercans have been unemployed for many many months, this claim of the statistics being an inaccurate representation of the true number of unemployed has somehow just been forgotten. Swept under the rug.

    And now Obama is telling us not to believe our lying eyes, not to pay any attention at all to those pesky figures, just keep looking into his big brown eyes, stop wondering why they are SO brown, and fall, once again, for the platitudes and rhetoric and, yes, the lies.

    I always thought George Orwell was a good writer. Not until Obama did I realize he was a prophet.

  3. Amazona says:

    Only an Obama could say to an American—you know that job you’ve had for 15 years? You have it thanks to me. (Subtext: “for now….”)

    Yep, the fact that Obama’s antics and schemes have not cost a few million MORE jobs is spun into him SAVING those jobs.

    I wonder if that kid in California charged with setting that wildfire will use the Obama Defense: “Ignore the houses that burned. You know the ones that didn’t? I saved them

  4. Amazona says:

    Just curious about how the Obamunists are reacting to the latest effort to shift the world currency standard away from the dollar. His beloved UN is in favor of it, as are all of his Commie buddies, and after all it WOULD hasten the freefall of America and make it easier to shift over to complete Leftist rule.

  5. js02 says:

    what you should wonder, is who oblunder is working for….real news takes forever to get out…while the MSM pushes rhetoric, gossip and misdirection….

    Nemazee, who sits on the board of the Iranian American Political Action Committee, typically donates more than $100,000 annually to Democratic political candidates.

    He is listed as one of the top “bundlers” of contributions to Obama’s 2008 presidential campaign, according to OpenSecrets,org, a website run by the Center for Responsive Politics research group.

    Nemazee was charged on August 25 of one count of bank fraud for seeking a $74 million loan from Citigroup’s banking unit under false pretenses.

    He was arrested at Newark Liberty International Airport in New Jersey on August 23 as he was checking in for a flight to Italy, according to court papers.

    U.S. prosecutors accused him on September 2 of defrauding other banks. In a letter to a magistrate judge in Manhattan federal court, prosecutors said he repaid the Citibank loan by defrauding another bank, but did not identify it.

    The bank was HSBC, according to the civil lawsuit. The bank sued Nemazee for breach of contract and fraud. Nemazee’s lawyers could not immediately be reached for comment.

    The HSBC lawsuit, dated September 2, said that “to accomplish the fraud, Nemazee represented to HSBC that he had $89 million in Treasury Notes, with a current market value of more than $125 million, in a specified brokerage firm account; submitted a supposed agreement from the brokerage firm with forged signatures, false addresses, and false telephone numbers; used a mail drop; and submitted fabricated brokerage statements.”

    now we know why hussein is so soft on iran