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Obama's Prime Time Pitch

Some exaggerations and misstatements from his evening news conference.

By Brooks Jackson, Joe Miller, Justin Bank, Jess Henig and Lori Robertson | factcheck.org
Mar 25, 2009 | Updated: 6:38  p.m. ET Mar 25, 2009

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  • Posted By: scherf.com @ 03/25/2009 9:47:57 PM

    THERE WE GO - DICTATORSHIP AND TYRANNY IN PLAY:
    Now we've got the pure communism from comrade Obama: let's regulate the salaries in any company and let's take 'em over when a company becomes too big. Well, Comrade Obama, pardon me, Barack O'Hitler was educated well for over 2 decades under the communist "Rev." Wright and his Marxist teachings.

    Another communist leader is approaching via SHEILA BAIR who wants the powers via her FDIC to seize and liquidate non-bank financial companies. Let's not forget that she, SHEILA BAIR, robbed the owners of Washington Mutual blind last fall, and then she turned around and sold the loot to JPMorgan. No wonder that Washington Mutual Inc. who was and is the rightful owner of Washington Mutual assets has filed multi-billion dollar lawsuits against America's new crime syndicate, the FDIC, who is completely out of control with Sheila Bair at the helm, ... they are thieves and robbers who are just as evil as any other communist regime.

    • Posted By: Indee @ 04/10/2009 3:53:05 PM

      You certainly are correct - however, I always preferred "Obama bin-Ladin"

  • Posted By: Omaar @ 03/27/2009 2:23:15 PM

    Politifacts: Rep. Mitch McConnell is Dead Wrong on Obama's Stimulus.

    $326 Billion of the $787 billion cost of the stimulus is from [[Tax Cuts]], according to this report by Congress' Joint Committee on Taxation.

    That is not generally considered "spending"

    It was Unfair to say the Democrats "Spent" the entire $787 Billion in [[One Month]]

    The spending will take place over the next [[7 Years]], with the Bulk of it coming not in the MONTH it was PASSED, or even this YEAR, but in..

    [YEAR 2010]

  • Posted By: sportlock009 @ 03/26/2009 4:55:41 PM

    Same ole same ole.

    Change in the crooks, not the crimes

  • Posted By: tellthetruth9999999 @ 03/26/2009 11:35:30 AM

    People we own AIG! Why are we trying to destroy it? It should be unamerican to bash the good people at AIG who are now working there knowing how bad they are perceived and yet staying loyal to the company. Keeping good employees who see some future in their current roles is the only way we will see any of that money that Congress decided to give to Goldman and France. Remember the people who caused the crisis left! And most of AIG is made up of good, solid insurance units that up until now were making money. But this grandstanding is now hurting that part of the business that had nothing to do with Financial Products whatsoever and which hold the key to taxpayers recouping what the Fed gave to the counterparties! I can't beieve that OBAMA not once mentioned that the 100 thousand employees of AIG in the insurance units that have nothing to with FP, he chose instead to lump the entire conglomorate into one entity!! What a joke!

  • Posted By: RO in Reno @ 03/26/2009 10:54:00 AM

    The real problem is one of growth. Obama did acknowlage that and claimed he expected greater growth than predicted.
    But until the mechanism of growth is addressed I think what we are getting just a bunch of bull.

    Obama made significant references to a bottom up economy yet the Government is still trying to save a top down economic model that clearly did not work and will not work.

    You cannot ignore the greater number of Americans other than to give them a small tax cut and expect them to magically become consumers once again, after losing 18% on average of their wealth, and faced with an economic model that seeks to keep them in debt because that debt literally represents income to the few.
    The government is actually promoting the thought that if the consumers are able to borrow more increasing that debt, things will get better.

    Until the mechanisms to restore the industrial infrastructure and to encourage Americans to participate in that restoration are in place, sustainable recovery is impossible.

    Alleviating the debt of the Wall Street bankers is not going to get the job done. These are the people who make money by sucking America dry not by contributing to its economic health, and we cannot expect that leopard to change its spots.

  • Posted By: Rocky2001 @ 03/26/2009 10:52:15 AM

    I find it intresting how Dems are characterized as "tax and spend" which if you think about it is exactly correct. I wonder what happend to the Party of Reagan?? We'll be back... :)

  • Posted By: nellpost @ 03/26/2009 8:30:59 AM

    Hope someone checks facts on the military site, moaa.org since it appears there's a great need there.

  • Posted By: whs806 @ 03/26/2009 7:44:49 AM

    You cannot believe this silver tounged liar! If you do, contact me, I have some ocean front property in Arizona that is for sale!

  • Posted By: whs806 @ 03/26/2009 7:43:35 AM

    You cannot believe this silver tounged liar!

  • Posted By: tired and old @ 03/25/2009 9:17:08 PM

    LIAR ! LIAR ! THE PREZ HAS HIS PANTS ON FIRE.

    LYING IS WHAT LIBERAL POLITICIANS DO BEST.

    IF YOUR A REPUBLICAN PRESIDENT YOU JUST FALL ASLEEP AT THE HELM AND CRASH INTO THE ROCKS.

    • Posted By: Omaar @ 03/26/2009 12:19:22 AM

      You are Officially Retarded

  • Posted By: Omaar @ 03/26/2009 12:15:43 AM

    WASHINGTON (Reuters) - A key congressional committee on Wednesday approved a $3.45 trillion budget framework for next year that embraces many of President Barack Obama's priorities but spends slightly less than he sought.

    After a long debate that went well into the night, the House of Representatives Budget Committee approved the blueprint along party lines 24-15 in response to the $3.55 trillion plan Obama submitted last month.

    While Obama did not get everything he wanted, Democrats who control the committee included most of his priorities, including significant new investments in education and reforming the $2.5 trillion healthcare system to cover millions of uninsured Americans.

    Obama, speaking at an evening Democratic Party fund-raiser, challenged his opponents to present alternatives instead of just criticizing.

    "To a bunch of the critics out there, I've already said, 'Show me your budget!' I'm happy to have that debate." The Democratic president argues the investments he seeks, while expensive, will help pull the economy out of recession.

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