Obama Claims

Obama claimed in his April 29th news conference that the 787 billion dollar stimulus has already created or saved 150,000 jobs.

I started asking around how the White House came up with that number, and the short answer is---he made it up.

Every single major economist group has flatly said there is no way with more than 600k jobs being lost each week that the stimulus boondoggle has changed the rate of job loss.

To try to put a happy face on this economy is not only disingenuous, it's insulting.

But being disingenuous is what this President is all about.

After all, this is the administration that fired a CEO, that claims it doesn't want to run a car company- so why are they? If they're so pro-democracy and pro-capitalism, then why are they demonizing the funds who refused to sell out their investors so the Obama administration could get a better deal for the autoworkers union? Might I add that fully half the reason the auto industry is in such trouble is because of the unions.

This administration claims they don't want to control banks-- so why did they strong arm banks on TARP? Why did they quietly arrange for the FDIC to insure banks real estate loans?

Why can't this administration ever seem to say what they mean, and mean what they say? Where is the transparency we were promised?