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Topic: The Teleprompter is Lying Again...  (Read 812 times)
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« on: July 23, 2009, 12:11:04 PM »
TonyBlair Offline
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Budget Malpractice   [Yuval Levin]

President Obama said this regarding our dismal budget outlook last night:

Quote
Our budget had a 10-year projection — and I just want everybody to be clear about this: If we had done nothing, if you had the same old budget as opposed to the changes we made in our budget, you’d have a $9.3 trillion deficit over the next 10 years. Because of the changes we’ve made it’s going to be $7.1 trillion. Now, that’s not good, but it’s $2.2 trillion less than it would have been if we had the same policies in place when we came in.


Now what in the world is this all about? When it analyzed President Obama’s budget in March, the Congressional Budget Office said roughly the opposite of this: that precisely because of his budget, the deficit over ten years would total $9.3 trillion, while it would have been about half that if not for his budget. Here’s CBO (from page 11 of this PDF):

Quote
From 2010 to 2019, the cumulative deficit under the President’s proposals would total $9.3 trillion, more than double the cumulative deficit projected under the current-law assumptions embodied in CBO’s baseline.


It seems Obama’s comment last night was a revival of the ridiculous gimmick he tried out when his budget was first released. The figure he cites for the baseline assumes that Iraq war spending would be at 2008 levels forever, that Medicare physicians’ fees would rise at 1% per year forever (when he’s simultaneously promising to cut them), and that 2009, with its massive bailouts and stimulus, will serve as the normal baseline year for appropriations from here on. Meanwhile, his figure for his own deficits assumes robust growth starting more or less immediately, which seems rather unlikely.

The president wanted to give the impression that his predecessor had set us on a course for a $9.3 trillion budget deficit. It would certainly be very worrisome if a president set such a course…and of course, a president has.

http://corner.nationalreview.com/post/?q=MGNlMjllY2ZjYmEzOGUxODI1YWQxZWRkNzcwNzQ3ZTg=
« Last Edit: July 24, 2009, 10:11:36 AM by Peter » Logged
We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.  --Ronald Reagan

Al Gore didn't invent the internet, he invented global warming

The welfare of humanity is always the alibi of tyrants - Camus

The person who advocates government planning of the economy always assumes that it is his plan that will be put into effect.  --Hayek
« Reply #1 on: August 02, 2009, 01:07:55 PM »
TonyBlair Offline
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Geithner Won’t Rule Out New Taxes for Middle Class

To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, "We’re going to have to do what’s necessary.”

Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it.

http://blogs.abcnews.com/george/2009/08/geithner-wont-rule-out-new-taxes-for-middle-class.html
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We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.  --Ronald Reagan

Al Gore didn't invent the internet, he invented global warming

The welfare of humanity is always the alibi of tyrants - Camus

The person who advocates government planning of the economy always assumes that it is his plan that will be put into effect.  --Hayek
« Reply #2 on: August 11, 2009, 08:22:25 PM »
TonyBlair Offline
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Maybe this is what he meant by "Change"?   [Andy McCarthy]

Obama today: "I have not said that I was a single-payer supporter because frankly we historically have had a employer-based system in this country, that's private insurers."

Obama in 2003: "I happen to be a proponent of single-payer, universal health care plan."

Also, on the point Rich's correspondent made about Obama's explanation today that there’s a difference between a “universal” plan and a “single-payer” plan — something he did not say in 2003 when, as just noted, he said he was a proponent of "single-payer, universal health care" —  here's Obama in 2007:

My commitment is to make sure that we've got universal health care for all Americans by the end of my first term as president.  I would hope that we can set up a system that allows those who can go through their employer to access a federal system or a state pool of some sort, but I don't think we're going to be able to eliminate employer coverage immediately. There's going to be potentially some transition process.  I can envision a decade out or 15 years out or 20 years out. [Emphasis added.]

And here he is again in 2003:

I see no reason why the United States of America, the wealthiest country in the history of the world, is spending 14% — 14% of its gross national product on health care — cannot provide basic health insurance to everybody.  And that's what Jim's talking about when he says, "Everybody in, nobody out," a single payer health care plan, universal health care plan.  That's what I'd like to see but, as all of you know ... [Emphasis added.]

Rush had it all today, here.

http://corner.nationalreview.com/post/?q=MTRiYmE0MTA4YjBiOGExMzQ1ZjU0MjRjYzZjNmU3OGY=


And remember this?

What if opponents of ObamaCare threw shoes at congressional backers of same?  The left seemed to think that was an OK form of protest earlier this year!

http://corner.nationalreview.com/post/?q=NDM4NTEyODhmNmE2MTI5ZTYwYjhjMWY1YTExZmUxZTk=
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We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.  --Ronald Reagan

Al Gore didn't invent the internet, he invented global warming

The welfare of humanity is always the alibi of tyrants - Camus

The person who advocates government planning of the economy always assumes that it is his plan that will be put into effect.  --Hayek
« Reply #3 on: February 14, 2010, 02:13:03 PM »
TonyBlair Offline
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Not only is it lying again..it is doing it with a sense of humor to boot!


In an interview this week with Bloomberg BusinessWeek, the president said he no longer ruled out tax hikes on those making less than $250,000 a year. "What I can't do is set the thing up where a whole bunch of things are off the table," he said. "Some would say we can't look at entitlements. There are going to be some that say we can't look at taxes, and pretty soon you can't solve the problem."

..Whatever the case, the president apparently hasn't lost his sense of humor. "We are pro-growth," he also told BusinessWeek. "We are fierce advocates for a thriving, dynamic free market." Call us curmudgeons, but we are neither amused nor reassured.

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=520986
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We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.  --Ronald Reagan

Al Gore didn't invent the internet, he invented global warming

The welfare of humanity is always the alibi of tyrants - Camus

The person who advocates government planning of the economy always assumes that it is his plan that will be put into effect.  --Hayek
« Reply #4 on: February 15, 2010, 12:55:06 PM »
Ideological Sceptic Offline
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n Sunday, GOP Sen. Lindsey Graham quipped, "It makes no sense to get a guy off an airplane who just tried to blow up the airplane and read him his rights within 50 minutes," and on Feb. 3, Senate Minority Leader Mitch McConnell questioned "why an al-Qaeda-trained terrorist fresh from Yemen and caught in the act of an attempt to blow up an airliner was handed over to a lawyer after a 50-minute interview."

Both claims are lies according to the FBI chronology of events:

According to the report, the FBI's Detroit office assigned two agents to interrogate the suspect: one, a counterintelligence "agent with experience in Iraq and Afghanistan," and the second, "a specialist in bomb material." They begin questioning at about 3:30 p.m. at the hospital where Abdulmutallab is being treated, after speaking with doctors about his condition.

"After 50 minutes FBI agents end the questioning 'when doctors need to take him in for additional treatment because his medical condition has deteriorated,'" the chronology says.

Shortly thereafter, Abdulmutallab underwent surgery, which lasted roughly four hours.

At nine p.m., when he regains consciousness, he refuses to answer questions. Only then, the chronology says, is he read his Miranda rights, informing him of his right to remain silent.
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Critically and Intelligently Engage All Ideas

Ignoring ideas is Never an Option

« Reply #5 on: February 16, 2010, 08:22:13 AM »
TonyBlair Offline
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He doesn't 'misdiagnose;' either he lies or he can't do math (I say both).

Obama misdiagnoses source of deficits

By Brian Riedl

President Obama says he wants to reduce America's record trillion-dollar deficits. Too bad he hasn't even correctly diagnosed their cause.

During his State of the Union Address, the president asserted: "At the beginning of the last decade, America had a budget surplus of over $200 billion. By the time I took office, we had a one-year deficit of over $1 trillion and projected deficits of $8 trillion over the next decade. Most of this was the result of not paying for two wars, two tax cuts, and an expensive prescription-drug program."

In other words, it's President George W. Bush's fault.

This can't be true. Mr. Bush implemented the three policies mentioned by Mr. Obama in the early 2000s. Yet by 2007 — the last year before the recession — the budget deficit stood at only $161 billion. So how could those policies cause trillion-dollar deficits from 2009 through 2020?

[url]http://www.columbustownhall.com/index.php?action=post;topic=4920.0;num_replies=4[url]
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We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.  --Ronald Reagan

Al Gore didn't invent the internet, he invented global warming

The welfare of humanity is always the alibi of tyrants - Camus

The person who advocates government planning of the economy always assumes that it is his plan that will be put into effect.  --Hayek
 
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