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Old 10-16-2012, 06:21 AM
 
Location: the AZ desert
5,037 posts, read 8,597,009 times
Reputation: 8280

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Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion

"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."

"The Congressional Budget Office--based on figures from Obama’s own Office of Management and Budget---gives a different assessment."

"In fact, CBO reported that as of now $65 billion in TARP funds remain outstanding."

More lies.
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Old 10-16-2012, 08:57 AM
 
5,787 posts, read 4,385,315 times
Reputation: 850
Obama is completely clueless and will say anything, even lie, to keep his job screwing over the American people.

On the Letterman Show recently, he didn't even know what the deficit was!!
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Old 10-16-2012, 08:59 AM
 
Location: the AZ desert
5,037 posts, read 8,597,009 times
Reputation: 8280
It seems all he does is lie.

I saw that on Letterman and couldn't believe it.
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Old 10-16-2012, 09:07 AM
 
5,787 posts, read 4,385,315 times
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PS: Contrary to what Obama has told the public, General Motors STILL owes us money too.
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Old 10-16-2012, 09:10 AM
 
2,083 posts, read 1,520,194 times
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Quote:
Originally Posted by jt800 View Post
Obama is completely clueless and will say anything, even lie, to keep his job screwing over the American people.

On the Letterman Show recently, he didn't even know what the deficit was!!
He knows that the deficit is; he just avoided the question knowing Letterman wasn't going to hold his feet to the fire since, ya know, the truth makes Obama look bad.
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Old 10-16-2012, 09:12 AM
 
78,373 posts, read 37,500,851 times
Reputation: 11336
Quote:
Originally Posted by CheyDee View Post

Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion

"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."

"The Congressional Budget Office--based on figures from Obama’s own Office of Management and Budget---gives a different assessment."

"In fact, CBO reported that as of now $65 billion in TARP funds remain outstanding."

More lies.
That should be fun in tonight's debate.
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Old 10-16-2012, 09:14 AM
 
5,787 posts, read 4,385,315 times
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Quote:
Originally Posted by Vejadu View Post
He knows that the deficit is; he just avoided the question knowing Letterman wasn't going to hold his feet to the fire since, ya know, the truth makes Obama look bad.
That's actually worse than being CLUELESS.

At least if he were clueless he could claim ignorance.

This way, he can only claim he's a bald-faced liar.
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Old 10-16-2012, 09:17 AM
 
Location: Norman, OK
3,479 posts, read 6,802,524 times
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And now we find out that $245 million of taxpayer money that went to a battery company for electric cars just filed for bankruptcy. *smh*
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Old 10-16-2012, 09:20 AM
 
Location: Here
11,547 posts, read 13,097,827 times
Reputation: 6857
This can't be. Obama never lies.
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Old 10-16-2012, 10:09 AM
 
Location: The land where cats rule
10,946 posts, read 8,976,207 times
Reputation: 3602
Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion

Which of course is reflected in the drop by 700 billion in the deficit. Oh, wait! The deficit still went up. So if all this money was retrieved, where did it go? Or is this just another example of Obama math and mythology? He say it so it must be true? Hardly.
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