Obama's Reelection Platform Debunked as "Phoney"

[edthecynic]

When people don't want to admit to themselves they elected an affirmative action moron....well you get it.

Here is from the article:

At a campaign rally, Obama said Romney is "just churning out the same ideas that we saw in the decade before I took office . . . the same tax cuts and deregulation agenda that helped get us into this mess in the first place."

It's a standard Obama talking point. But it's not true. Bush's tax cuts did not cause the last recession.

In fact, once they were fully in effect in 2003, they sparked stronger growth — generating more than 8 million new jobs over the next four years, and GDP growth averaging close to 3%.

Those tax cuts didn't explode the deficit, either, as Obama frequently claims. Deficits steadily declined after 2003, until the recession hit.

Nor was Bush a deregulator. Conservative Heritage Foundation's regulation expert James Gattuso concluded, after reviewing Bush's record, that "regulation grew substantially during the Bush years."

Even the Washington Post's fact-checker, Glenn Kessler, gave Obama's claim three out of four "Pinocchios," saying "it is time for the Obama campaign to retire this talking point, no matter how much it seems to resonate with voters."

What did cause the economic crisis? The housing bubble. And that, in turn, was the result of a determined federal effort to boost homeownership by, among other things, pressuring banks to lower lending standards.

Read More At IBD: Obama's Re-Election Case Rests On 5 Phony Claims - Investors.com

Gee, weren't Bush's tax cuts in effect for more than 4 years, and wouldn't an honest appraisal of their effect include all years they were in effect. BTW, that is a rhetorical question, the answer is an undeniable "yes."

So deficits declined by borrowing from SS until the BUSH Depression hit. How could anyone possibly blame the BUSH Depression on Bush???

And the Bush economic crisis/Bush Depression was a result of a determined federal/Bush effort to boost home ownership, the very heart of the Bush 2004 presidential election campaign, so how could anyone possibly blame Bush for his own campaign.

USATODAY.com - Bush seeks to increase minority homeownership
USATODAY.com - Bush seeks to increase minority homeownership

Bush seeks to increase minority homeownership
By Thomas A. Fogarty, USA TODAY

In a bid to boost minority homeownership, President Bush will ask Congress for authority to eliminate the down-payment requirement for Federal Housing Administration loans.

In announcing the plan Monday at a home builders show in Las Vegas, Federal Housing Commissioner John Weicher called the proposal the "most significant FHA initiative in more than a decade." It would lead to 150,000 first-time owners annually, he said.

Nothing-down options are available on the private mortgage market, but, in general, they require the borrower to have pristine credit. Bush's proposed change would extend the nothing-down option to borrowers with blemished credit.

Neither Bush, nor nothing down mortgages had a damn thing to do with the housing boom and/or the bust. The fact that you don't understand that, means the rest of your argument is pure BS.

The housing boom, right along with the dot.com boom were taking place during the Clinton years, and the two together created the rosy economic scenerio that you left wingers love to credit Clinton with.

Speculative booms always bust at some point, and both did. The dot.com boom busted in Clinton's last year, and left Bush with a recession in the first three months of his term. Hundreds of billions of dollars disappeared almost overnight in that bust, and a whole lot of dot.com millionaires wound up broke.

Bush's tax cuts ended that recession, and the economy began to grow again at a fairly healthy level, but then the housing boom began to bust two years later, and led to the 2007recession, and the financial crisis of 2008. The housing bust did not happen overnight. It took about three years to collapse to near normal levels, and another few years for the bottom to occur. Many think the bottom finally hit last year.

During the Clinton years, homeowners were cashing in their growing home equities, and living high. They were also maxing out their credit cards, with the expectation of paying them off with the next refinancing. But, equities ceased to rise, and that dried up credit. Buying took a hit as consumers quit purchasing durable goods, and the economy went into a downward spiral.

Funny thing is the right wingers credit Snooty Newtie and the GOP controlled Congress for the 1990s boom so they own the bust too. And Bush made the GOP controlled housing bubble of the 1990s worse by the Bush housing policy exposed in my post above. It was the Bush ADDI that burst the GOP controlled Congress' housing bubble. Bush and the GOP Congress own the housing crash.

 

[copsnrobbers]

What will you lefties on the tit do when Romney wins and cuts your hand outs?

 

[Murf76]

Investor's Business Daily? Wow, that's right up there with Beck, Breitbart and Carlson. Holy shit...

You just proved you're a genuine moron. IBD is the most respected business newspaper there is. Savvy investors trust it far more than the Wall Street Journal, which has been taken over by liberals like Al Hunt.

Invested Bigots Daily is a hack rag even more biased than the Murdoch owned Wall Street Urinal. No honest person has any respect for the political opinions of the Invested Bigots Daily.

What would so-called "liberals" know about honesty? If they were honest, they'd recognize that Barack Obama has been LYING for his entire term. He's lying about the 5 points outlined in the linked article. He's lying about Fast & Furious. He's lying about Benghazi. He's lying about Mitt Romney's tax platform. He's lying about his own.
Fact is, it would be quicker to make a list of things he doesn't lie about.

This guy is more George Bush than Bush himself, a guy you claimed to despise... and yet you folks line up to lick his boots.

 

[edthecynic]

You just proved you're a genuine moron. IBD is the most respected business newspaper there is. Savvy investors trust it far more than the Wall Street Journal, which has been taken over by liberals like Al Hunt.

Invested Bigots Daily is a hack rag even more biased than the Murdoch owned Wall Street Urinal. No honest person has any respect for the political opinions of the Invested Bigots Daily.

What would so-called "liberals" know about honesty? If they were honest, they'd recognize that Barack Obama has been LYING for his entire term. He's lying about the 5 points outlined in the linked article. He's lying about Fast & Furious. He's lying about Benghazi. He's lying about Mitt Romney's tax platform. He's lying about his own.
Fact is, it would be quicker to make a list of things he doesn't lie about.

This guy is more George Bush than Bush himself, a guy you claimed to despise... and yet you folks line up to lick his boots.

It's you and Invested Bigots Daily who are liars as I have already proven.

 

[Murf76]

Invested Bigots Daily is a hack rag even more biased than the Murdoch owned Wall Street Urinal. No honest person has any respect for the political opinions of the Invested Bigots Daily.

What would so-called "liberals" know about honesty? If they were honest, they'd recognize that Barack Obama has been LYING for his entire term. He's lying about the 5 points outlined in the linked article. He's lying about Fast & Furious. He's lying about Benghazi. He's lying about Mitt Romney's tax platform. He's lying about his own.
Fact is, it would be quicker to make a list of things he doesn't lie about.

This guy is more George Bush than Bush himself, a guy you claimed to despise... and yet you folks line up to lick his boots.

It's you and Invested Bigots Daily who are liars as I have already proven.

You haven't proved squat. Sticking one's head in the sand and IGNORING the truth about your candidate's lies isn't proof of anything but partisan blinders.

 

[edthecynic]

What would so-called "liberals" know about honesty? If they were honest, they'd recognize that Barack Obama has been LYING for his entire term. He's lying about the 5 points outlined in the linked article. He's lying about Fast & Furious. He's lying about Benghazi. He's lying about Mitt Romney's tax platform. He's lying about his own.
Fact is, it would be quicker to make a list of things he doesn't lie about.

This guy is more George Bush than Bush himself, a guy you claimed to despise... and yet you folks line up to lick his boots.

It's you and Invested Bigots Daily who are liars as I have already proven.

You haven't proved squat. Sticking one's head in the sand and IGNORING the truth about your candidate's lies isn't proof of anything but partisan blinders.

I disproved your Invested Bigots Daily bullshit so thoroughly, you tried to change the subject, remember.

 

[editec]

So because Obama's platform is false we ought to elect Mitt's platform which is equally false?

Why bother?

 

[driveby]

Republicans have the BEST platform. Even a brutal rapist deserves the chance to be a father and they are the ones to make sure he gets it.

Yeah kinda like where democrats think the rapist is a victim....and let him out on parole for good behavior.....LOLOLOL

That doesn't even make sense. There is nothing in the Democratic Party platform that protects the rights of a brutal rapist to be a father. Republicans can't say that.

Dean is partially correct, it's actually the rights of child molesters that democrats want to protect....

 

[LadyGunSlinger]

It is also documented that they were POWERLESS minority members of the House and the bill was PASSED in the GOP controlled House over their objections. It is also documented that the GOP controlled Senate killed the bill by refusing to even bring it up for a vote.

How exactly is that Frank's fault.
What a moron!

Your post was about Bush....not the GOP senate.

Bush's policies (and I throughly detest the moron) were, at least, somewhat concerned about the problems with FM gone wild.

And the GOP lost both houses in 2006. But you can't help but blame Bush for everything in an effort to keep Obama's diaper clean.

So if you are going to evaluate Bush in a meaningful way (as you suggest), maybe you should stop at 2006 and present the data which would show you don't have f**king leg to stand on.

Obama is master f**k up.

And there it is again, Bush stopped being president in Jan 2007 and all his policies and wars and tax cuts ended immediately.

Once again the GOP killed all reform while they controlled Congress. Once the Democrats took over, a reform bill was passed by Pelosi and signed by Bush.

Throughout this entire thread, conservatives have listed detailed facts with links to back them up.. You've listed NOTHING.. All you've done is whine about what you think Booooooooosh did.. You have no proof of ANYTHING you spew because there isn't any.. Same old BS.. It's why your messiah was unable to debate Mitt Romney.. Truth always win.. how does one debate abject lies when faced with FACTS?? You can't.. you just boohoo, uhhhh. mmmmm, uhhhh.. It's to the point of being a big fat joke now.. You've made a complete fool of yourself.

 

[LadyGunSlinger]

It's you and Invested Bigots Daily who are liars as I have already proven.

You haven't proved squat. Sticking one's head in the sand and IGNORING the truth about your candidate's lies isn't proof of anything but partisan blinders.

I disproved your Invested Bigots Daily bullshit so thoroughly, you tried to change the subject, remember.

Where???? How??? No you didn't.. You "said" so.. that's proof??

 

[edthecynic]

Your post was about Bush....not the GOP senate.

Bush's policies (and I throughly detest the moron) were, at least, somewhat concerned about the problems with FM gone wild.

And the GOP lost both houses in 2006. But you can't help but blame Bush for everything in an effort to keep Obama's diaper clean.

So if you are going to evaluate Bush in a meaningful way (as you suggest), maybe you should stop at 2006 and present the data which would show you don't have f**king leg to stand on.

Obama is master f**k up.

And there it is again, Bush stopped being president in Jan 2007 and all his policies and wars and tax cuts ended immediately.

Once again the GOP killed all reform while they controlled Congress. Once the Democrats took over, a reform bill was passed by Pelosi and signed by Bush.

Throughout this entire thread, conservatives have listed detailed facts with links to back them up.. You've listed NOTHING.. All you've done is whine about what you think Booooooooosh did.. You have no proof of ANYTHING you spew because there isn't any.. Same old BS.. It's why your messiah was unable to debate Mitt Romney.. Truth always win.. how does one debate abject lies when faced with FACTS?? You can't.. you just boohoo, uhhhh. mmmmm, uhhhh.. It's to the point of being a big fat joke now.. You've made a complete fool of yourself.

The TRUTH is that the GOP blocked all reform of Fannie and Freddie while they controlled the Congress.

This is what I love about the CON$ervoFascist Brotherhood, they lie their America hating asses off and then claim that they are the source of pure truth!

https://docs.google.com/viewer?a=v&...M_KlwQ&sig=AHIEtbRVNWUc8rRE6Mn_jRw1_IP3D_FQGw

2003‐05: The first effort during Republicans’ 12‐year control of Congress to reform the GSEs came in
2003, when then‐Financial Services Committee Chairman Mike Oxley (R‐OH) worked to pass a bill. That
year, Oxley had scheduled a Financial Services Committee markup of the legislation, but had to cancel
the markup due to White House opposition. The legislation would have established a stronger regulator
to ensure the GSEs’ safety and soundness. As CBS Marketwatch reported on October 7, 2003:

Strong opposition by the Bush administration forced a top Republican congressman to delay a
vote on a bill that would create a new regulator for mortgage giants Fannie Mae and Freddie
Mac . . . The vote on Rep. Michael Oxley’s bill to reform oversight of government‐sponsored
entities including Fannie Mae and Freddie Mac was scheduled for Wednesday. Oxley, an Ohio
Republican, is chairman of the House Financial Services Committee.xviii

In 2005 Oxley tried again and this time got a reform bill through the House. Democrats unanimously
supported the bill in the Financial Services Committee. A majority of Democrats supported it on the
floor, though Congressman Frank and others voted against it because of unrelated restrictions it placed
on the Affordable Housing Trust Fund. The bill passed the House, but the Bush administration and
Senate Republicans opposed the Oxley bill. Senate Democrats offered the House‐passed Oxley bill in
that chamber, but Senate Republicans, who held the majority, lacked the votes to pass the bill. They
took no action on any bill.

On September 14, 2006, members of the House Financial Services Committee who had supported GSE
reform, including Congressman Frank, sent a letter to then‐Senate Banking Committee Chairman
Richard Shelby urging the Senate to work with them to get a pill passed into law. The letter stated:

Accounting violations by the GSEs have brought to light the fact that current GSE regulators lack
many of the supervisory and enforcement powers bank regulators can wield. We must remedy
this situation by consolidating GSE regulation and providing the tools needed to oversee these
large, complex financial institutions. Both H.R. 1461 and S. 190 create a strong independent
agency to ensure the GSEs operate in a safe and sound manner and comply with their statutory
missions.

However, as Oxley told the Financial Times in September 2008, the White House gave House
Republicans “the one‐finger salute.”xix

 

[copsnrobbers]

Your post was about Bush....not the GOP senate.

Bush's policies (and I throughly detest the moron) were, at least, somewhat concerned about the problems with FM gone wild.

And the GOP lost both houses in 2006. But you can't help but blame Bush for everything in an effort to keep Obama's diaper clean.

So if you are going to evaluate Bush in a meaningful way (as you suggest), maybe you should stop at 2006 and present the data which would show you don't have f**king leg to stand on.

Obama is master f**k up.

And there it is again, Bush stopped being president in Jan 2007 and all his policies and wars and tax cuts ended immediately.

Once again the GOP killed all reform while they controlled Congress. Once the Democrats took over, a reform bill was passed by Pelosi and signed by Bush.

Throughout this entire thread, conservatives have listed detailed facts with links to back them up.. You've listed NOTHING.. All you've done is whine about what you think Booooooooosh did.. You have no proof of ANYTHING you spew because there isn't any.. Same old BS.. It's why your messiah was unable to debate Mitt Romney.. Truth always win.. how does one debate abject lies when faced with FACTS?? You can't.. you just boohoo, uhhhh. mmmmm, uhhhh.. It's to the point of being a big fat joke now.. You've made a complete fool of yourself.

That's what Liberals do.

 

[swizzlee]

What I find amazing though is that Obama keeps running around the country saying these things when they're so easily debunked. I think it's been obvious from the beginning that the guy has no respect for the people of this country. Or maybe he is just a conscienceless bastard who thinks he'll never get caught out.

Something I think most overlook or is just not obvious to them - Obama settled down in the world of Chgo politics where as a community organizer, he dealt with blacks who were a product of King Daley's educational system.

A 40% dropout rate.

As a rule of thumb, many of those people who Obama appealed to simply were not educated enough to understand how they were being conned. And that's the level of education that Obama was used to.

He thought he could take his act onto the national stage and quickly found out he couldn't con everyone - not by a long shot.

I long ago called Obama the green teen and would not vote for him. He was clearly too inexperienced to run anything larger than a community action group.

 

[freedombecki]

So because Obama's platform is false we ought to elect Mitt's platform which is equally false?

Why bother?

Editec, you're a fair person, but let's look closer.

Obama's past isn't much of a mystery, although it remains technically shrouded behind lockup info orders by Obama, the lawyer, and what is given out in information is computer generated. Joe Arpaio used his best detectives to go over Obama's allowances, and the best forensics people who aren't for sale know the stuff is generated by computer and is not authentic. *From "Sherrif Joe Arpaio Calls Obama birth certificate a 'forgery.'"

A lawyer back east did this same thing several years ago now, using the freedom of information act and a cadre of investigative detectives and the best snooping faculty in the world and came up with the same deal--things provided were not authentic, plus recently, he found a phony Social Security number registered to someone else who is dead being used by Obama.* Instead of researching it themselves, those in the press immediately closed ranks on the lawyer (a Democrat, incidentally), and the spin room started such a tantrum people just assumed they were authorities who would not lie to them. * includes formal documentation at link

It's even a slippery slope to mention here, as for a long time certain findings in fact were sent to the Conspiracy Theory forum. Too many people have wised up after several documents printed at the behest of the President with information provided by him said he was BORN IN KENYA, just like his grandmother remembered helping to birth him there. It's crazy. I wasn't there, but finding computer generated information on births where birth certificates are given out to newborn parents, makes me feel a little distrustful. When you add to it other places where he may have listed his birthplace as Kenya--all these are closed to public view by him.

In several places, people have furnished his printouts of his claim to have been a Kenyan when he went to school, all of who have sealed his records, so no one can verify this in the places likeliest to show his birthplace.

But the Obama cheerleader section hollers that it doesn't matter, and that they accept the Hawaii stuff. In Indonesia, a lot of spinning went on too. His records were earlier not sealed and a copy was obtained by the same investigative lawyer who was able to show his adopting father, a Mr. Soetoro, entered him into a school consistent with his religion of Islam. Others smokescreen and say the school is a Roman Catholic school. I don't know the answer to that. But the key here is in order to attend that school, one had to declare himself a citizen of that country, and not the USA. Otherwise, you were not allowed to attend. His mother never made any waves over it, and her records of Indonesian citizenship are also sealed. The worst case scenario would be that these investigators are telling the truth, that Obama was born in Kenya and is a British subject, and that his adopting parent called on his sovereign nation to consider his adopted son a citizen of Indonesia.

The best case scenario would have been for Obama to have his records an open book showing him to be an American citizen born in the state of Hawaii.

I'm not satisfied of the truth of this matter. My objection is this: why would the Democrat Party foist this crap on their fellow citizens? Do they hate their own fellow Americans so much they want to put one over on da man? They certainly did their share of calumny on everyone who has run for president against themselves post Ike Eisenhower. He was such a towering and beloved American, they didn't dare, although Truman refused a peaceful transfer of power by snubbing Eisenhower by refusing a traditional ride to the White House to show his hatred for Republican citizens. After that people who liked Truman didn't care for him so much any more. People knew you just have to go through with the motions in your public life or suffer the consequences of public civil anger.

I'm sorry to belabor the point, but I have a low trust for the Democrat Party at this time for not being above board about anything, obfuscating, and furnishing falsetto documents rather than real and genuine articles with doctor's signatures on documents in whose name line, a dead twin's name is not scratched out and whited over with Obama's name placed on top of it. Where is veracity here?

As for Romney, he kept vetoing spending by his Massachusetts Democrat legislature until his last day in office there. They showed him he didn't matter, they were going to spend as they pleased as they did before, come hell or high water. Romney kept vetoing their largesse with their Middle Class's tax hikes. They just used him to save their state from bankruptcy, then dumped him when the coast was clear. They won't stay out of trouble forever if they didn't learn the overspending lesson.

I think Romney will use all that he has to undo the bad credit downgrades America has gotten as consequence to the spending that was done and is scheduled to go into effect the minute Obama is out of the white house, raising that tax for Obama care, which will be the highest acceleration of taxes in the history of this planet as we know it.

Add that to the fact that prices have gotten so out of control with hidden inflation after the feds advised companies to reduce the size of their food products to show no rise in the price of food. Only that didn't work. Prices exceeded old prices in smaller packages. It did so because of transportation costs doubling with doubling of gas and oil prices.

As I'm thinking of who does and doesn't tell the truth, I think about things that everyone has read in the papers, but isn't sure about.

I'm pretty sure, though, that Romney did all he could to keep his campaign promise of controlling the financial problem of Massachusetts.

That's true.

The rest, I'm not sure, but it doesn't look good when forensic scientists find that a document masquerading as an official birth certificate is found to be fraudulent by people who are not connected in a political way to the outcome. And why was Obama passing somebody else's social security number who is a citizen off as his own? Why? Why all the secrecy when transparency was bullhorned all over the world when Obama took office. Some transparency, hm?

 

[copsnrobbers]

obamaloni

 

[AmericanFirst]

Republicans have the BEST platform. Even a brutal rapist deserves the chance to be a father and they are the ones to make sure he gets it.

Still the big mouthed idiot I see. Idiot.

 

[TheGreatGatsby]

Great article. I'm reading through it. Unfortunately, you won't convert a lib to admitting that Obama is a cancer. We can just hope that enough of the American people start TO GET IT.

 

[copsnrobbers]

Phoney? His entire life as we have been told is phoney.

Obamaloni is a Phoney!

 

[freedombecki]

Phoney? His entire life as we have been told is phoney.

Obamaloni is a Phoney!

Sadly, it seems so.