Another Bald Faced Obama Lie

4 Pinocchios Again?

Liberal Lap Dogs Might Believe This Guy. I Don't.

I am amazed at the constant string of lies that Obama is out on the campaign trail spouting. I reckon his sheeple don't bother to fact check anything this pathological liar says. In their minds if he says it then it must be true. That is usually the biggest fantasy these nitwits got caught up in when they voted for him in 2008. He promised them the world back then and now has nothing to run on so he makes things up as he goes along.

The scene is set at the University of Miami on October 11th of 2012. The subject was the recovery of the TARP money that bailed out the financial system among other institutions. His exact words, which you are about to hear again on tape were, “we got back every dime we used to rescue the financial system."

That my fellow Americans and concerned voters is an outright fabrication. I do not expect the President of the United States to lie to the American people and I'll never get used to Obama doing it on a continual basis.

Not True Obama

So lets do a little fact checking on Obamanocchio on that statement. The Congressional Budget Office says otherwise and that the taxpayer needs to be set to lose approximately 24 billion dollars. That is tax payer money, not government money. There is no such thing as government money folks.

So how did the CBO arrive at this number? Simple. They used the data obtained from the White house's Office of Management & Budget. They don't have much to do these days since this administration hasn't passed a budget in 4 long years but we're paying them anyway too. You can read the truth about TARP here at this link.

There is an irony involved in this information being released by the CBO. It coincided with the very day Obama told his lie. Straight out of the CBO report, "The cost to the federal government of the TARP’s transactions (also referred to as the subsidy cost), including grants for mortgage programs that have not yet been made, will amount to $24 billion."

TARP, the Troubled Asset Relief Program, is the formal name for the government bailout of financial institutions. However, the fund became more or less a slush fund (Obama failed to mention that) under the Obama administration. The CBO attributes the "cost" of the TARP "stems largely from assistance to American International Group (AIG), aid to the automotive industry, and grant programs aimed at avoiding home mortgage foreclosures." The CBO report also notes that the losses will be so large that they will dwarf any gains realized from bailing out the large financial institutions.

The even more bizarre part of Obama's lie is this. According to the Congressional Budget Office that as of the day Obama uttered his lie $65 billion in TARP funds remain out there and haven't been repaid. So what did Obama say? I suppose that was taken out of context too? And you are going to vote for this pathological sociopath? Really?

Another thing to be examined is Obama's boast that Dodd-Frank will prevent another financial institution bailout. That is also a stretch but I'll cover that at a later time.

QUOTE (LIE) OF THE DAY: “We got back every dime we used to rescue the financial system."

"Like" It, "Tweet" It, "Pin " It, "Share It" With Your Followers. Time to let em read it.

As Always,

The Frog Prince

Remember In November

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Comments 52 comments

breakfastpop profile image

breakfastpop 4 years ago

I can't take much more of this garbage. This is proof positive of how little respect this president has for the American people. He and his people believe we are all sheep who eat up his every word. A lie is a lie is a lie! Up, very useful, awesome and shared.


internpete profile image

internpete 4 years ago from At the Beach in Florida

Yep, I hear people talk about Romney stretching the truth, yet they ignore these blatant lies from Obama. It seems that truth doesn't mean anything to him, maybe because he believes truth is relative, and whatever he says, is in fact, truth.

Great work, keep it up!


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

internpete - What you described is a classic case of pathological lying. Our society has maybe gotten to the point where a lying politician is acceptable. If that is the case that is something that needs to be "changed."

The Frog


caltex profile image

caltex 4 years ago

Unbelievable! It amazes me how the media has not covered this one because he sure needs to be called out for this lie. I don't think anyone with a brain the size of a pea will even believe this. Of course, those with smaller brains will. Thanks for keeping us informed!


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

I can guarantee ya you won't hear a word about this lie from the LSM. He's out there unchallenged on the campaign trail lying his little self silly.

Here ya go:

https://encrypted-tbn2.gstatic.com/images?q=tbn:AN...


Old Poolman profile image

Old Poolman 4 years ago from Rural Arizona

Blind faith can be a wonderful thing, if you don't get caught in a trap that is. To encourage others to jump off a cliff while assuring them everything will be OK is just plain lying. The teller of the lie knows he will not be hurt because he is not going to jump, and he could really care less about his loyal followers. When they make that sudden and painful stop at the bottom, they will then realize they were lied to.


RavenBiker profile image

RavenBiker 4 years ago from Pittsburgh, PA.

Are there really Frog Prince's in Texas?

Wow. I must be behind the times. Sort of how this hub claims lies, lies, lies and yet....I haven't noticed any truth from Mr. Obama's opposition.

Gee...I really must have my head in the sand...I'm sure Texas has some sand for me to borrow.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

Since this is about Obama RavenBiker then that's the focus of this discussion. I can guarantee you that Mitt Romeny isn't going to tell such an outrageous lie. Why? He'll be fact checked. The Lame Stream Media gives Oblabber Mouth a free pass. You keep your head in the sand too long and you'll suffocate. Have a nice evening and watch Obama lie some more tonight. The obvious difference between you and me is that I'm actually a freedom loving biker.

The Frog


e-five profile image

e-five 4 years ago from Chicago, Illinois, USA

I assume that if Romney wins, the same crowd who made the guy who shouted "You Lie!" at the President while addressing a joint session of Congress into a folk hero, the same crowd who thinks your illustrations are hilarious, and the same crowd that makes up conspiracy theories about birth certificates will be solidly back in the "respect for the office of the President" mode.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

God bless Joe Wilson. He called Obama exactly what he is early on. Move on and troll somewhere else son.

The Frog


poetvix profile image

poetvix 4 years ago from Gone from Texas but still in the south. Surrounded by God's country.

Does the Obamanator tell anything but lies? He said unemployment is down because he had the numbers and categories changed to give such an appearance. He said the deaths of four of our guys was a "mob action" when we all know now it was not. We now know he knew as did Hillary too. He said he would cut the deficit. HA! We all saw how that turned out. He said he would unite this nation. It has never been more divided. The man not only tells lies but manufactures deceptions to support them.


TheManWithNoPants profile image

TheManWithNoPants 4 years ago from Tucson, Az.

Good job. I'm not going to weigh in big here. I wrote a hub on Truth in Politics so I won't re write it here. I will sum it up by saying ... Truth in politics is what you've CHOSEN to believe regardless of the facts. It works for us too, Jim. That's why I only debate intelligent liberals and butcher the stupid ones. But in this case, half truths aren't needed to make the case for the conservative ticket. Obama has very few options available to him to just get his base to the voting booth. Those options are deception and charactor assult. I fully expect it. Without those two things he couldn't justify a billion dollar campaign, with his record.

Good job my friend.

~ jim


Pat Potts 4 years ago

From, Kenya, Acorn, energy and healthcare, Obama lies as easily as taking a breath.

Yes Frog, God Bless Joe Wilson and anyone else that exposes his lies.


Alastar Packer profile image

Alastar Packer 4 years ago from North Carolina

'We got back every dime we used to rescue the financial system' is one of the most astounding presidential declarations i've ever heard, Frog. If one didn't know better you'd think the American people are considered dolts and ignoramus's by a statement like this. Been keeping up as can with your writes Frog, it's finally getting down to the wire. Heard the race has tightened up considerably.


Skarlet profile image

Skarlet 4 years ago from California

Hello Frog.

Voted up and shared.

I can't take much more of this man. The only thing he can really do effectively is lie.


Ghost32 4 years ago

e-five: I'd say you called it, yes. At least on my part.


Stu 4 years ago

Frog,

Unpaid debt from the auto companies alone stands at $25 billion. And the $65 billion you quoted completely ignores any future losses the federal government may take on cash injected into banks in exchange for common equity when the federal government sells their shares. AIG alone get $180 billion. Citigroup issued so many new shares that preexsiting common shareholders were almost totally wiped out. With a very weak banking sector, these shares are not going to appreciate quickly, and over time there will be public pressure to sell the shares because federal ownership of private business is communistic. The bottom line is that there is a big risk of future realized capital losses that add to the $65 billion of unrepaid bailout loans.

Stu


tsadjatko profile image

tsadjatko 4 years ago from maybe (the guy or girl) next door

e-five - assume this, in 14 days when Baracchio loses the election his "Reign Of Error" will be over ... The Liar in Chief and your false Messiah, "Obama Rising" will have been deposed by the Son's (and Daughters) of Libertea!


rfmoran profile image

rfmoran 4 years ago from Long Island, New York

I sometimes think that Obama, like many politicians, actually convince themselves that a falsehood is a higher form of truth.


tsadjatko profile image

tsadjatko 4 years ago from maybe (the guy or girl) next door

The phenomenon you are witnessing, rf, is summed up in this quote

“If you do not tell the truth about yourself you cannot tell it about other people.” ― Virginia Woolf

It is an occupational hazard that anyone who has spent their life learning how to lie eventually becomes bad at telling the truth and we have all heard the famous quote by Hitler, “If you tell a big enough lie and tell it frequently enough, it will be believed.”

Obama's strategy encompasses all these ideas but his goal is to so pollute the "pond" of issues and policies with the mud of lies and lies about who's lying that it is difficult to keep tract of the lies and actually know who is lying and who is not - throw on top the distortions and cover of the liberal main stream media and Romney can't help but get splattered with the mud these pigs are wallowing in as the "pond" becomes a cesspool. All we can do is Hope for Change and Four words, VOTE THE BUMS OUT!


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

tsad - The quote was from Goebbels. Obama has a classical narcisstic personality compounded by being a sociopathic, pathological liar. Listen to him these days on the campaign trail as he tries to arouse his cult of personality. He has the personality of a soup sandwich if one listens closely.

An old friend sent me the graphic here to plug in observations about NPD. Obama is a classic case.

http://hubpages.com/politics/You-Make-The-Call-Abo...

The Frog


drbj profile image

drbj 4 years ago from south Florida

Just goes to show, Jim, you can't make a silk purse out of a sow's ear, and you can't make an honest politician with integrity out of a community activist.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

drbj - An you can't make gold out of a turd for sure.

The Frog


Pamela99 profile image

Pamela99 4 years ago from United States

This hub is right on target. The lies are really piling up and new things are being uncovered everyday that Obama has lied about. The Libya situation is another pathetic lie. I don't understand why so many people can't see through his lies. God Hub!


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

Pamela- "I don't understand why so many people can't see through his lies." Oh they do. They just have a problem eating humble pie and admitting they fell for a con man.

TFP


tsadjatko profile image

tsadjatko 4 years ago from maybe (the guy or girl) next door

When Jay Leno asked Obama about Joe Biden last night he said "...he is the most warm, generous person I know."

"Most generous person" he knows!? As I've said before Obama can't say one paragraph without lying (like he also said to Leno everything he said in the first debate was true!). How much did Biden give to charity? When it comes to charitable giving Biden is probably the only person Obama knows who comes close to 0%. Obama can't open his trap without telling a lie.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

tsad - Biden has always been charitable - with taxpayer money, not his.

The Frog


tsadjatko profile image

tsadjatko 4 years ago from maybe (the guy or girl) next door

That's another thing - Often when Obama lies he says it in a way that gives him a plausible deny ability. So "most generous person he knows" could mean generous with your money? When Obama said "No acts of terror will ever shake the resolve of this great nation." he interprets that general statement to mean he called the attack in Benghazi a terrorist attack and not a protest gone bad? There are myriad examples of how he makes statements that sound like one thing (like a lie) but can be interpreted differently to provide denial of the implication. This happens so often with him that it has to be by design and is a technique of lying without actually lying, or in other words deception on top of deception.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

tsad - I'm writing about the "trust factor" he just blurted out in Iowa so stay tuned.


tsadjatko profile image

tsadjatko 4 years ago from maybe (the guy or girl) next door

!"trust factor"! yeah, can you believe that! I guess he just has to give his clueless minions another lie they can glum onto.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author


tsadjatko profile image

tsadjatko 4 years ago from maybe (the guy or girl) next door

Frog you say "The quote was from Goebbels" I had pet goebbels and I never heard them say that :-)....yeah, I know Goebbels said it, don't know why I said Hitler, but you know Hitler believed it!


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

So does Obama my friend.


abbykorinnelee profile image

abbykorinnelee 4 years ago from Ripon Wisconsin

Every politician in the history of any government has not spoken a complete truth. Its the nature of the game of politics and its sickening. Both Romeny AND Obama have stretched truth's, they have said things to the people that they claim they will do and odds are will not follow through with. You have different issues that are important to different people. Plus fact gathering in today's media is also shady because there are some that leave out data. They are biased. They twist the statement that makes it look like its the same thing but if you read carefully means something else. You have those that don't fact check at all. I don't claim to know as of yet if all these are correct but I will assume until I do that they are correct. Fact is...they both lie. But what bother's me is that while we should point out his lies...since he is on the side we don't support...point out the lies of your candidate too. We all want this to be honest and we all wish we knew what they were saying isn't lying but Obama isn't the only one that bold faced lied...hell we had a president flat out state, and the stupidest thing to lie about...that he never smoked weed. We all know the time he grew up in and we all know he had to have and when he was called out he said it didn't count because he didn't inhale. We sat and watched our country crucify a president for getting head in the oval office and act appalled that he could be leading this country with those kind of values yet...he wasn't the only one, the first one nor the last one to get sex or some sort of related act on the side by someone other than his wife. We didn't know that one of our president's was in a wheel chair due to radio right off...it could have swayed needed voters. That's lie by ommission. Our government lies to us all the time, hides things from us, twists things to fit their own agenda...but Obama isn't and shouldn't be the scape goat. I think Frog is great for his fact checking...but my challenge to everyone...and mostly Frog because I think that it would show he isn't afraid to tell the truth about his candidate...call out his lies too...be devil's advocate and be against the man for a few hours. I think that your views and articles might reach a lot more Obama voters and those that might be swayed if your very intelligent depictions of one candidate was fairly done to the other and compare and contrast why Obama's are worse. Hell, if you do it I will not decide my final vote Frog, until I have considered your side and also mine through the things Romney's own supporter is going to tell me is a lie and why I should still vote for him. I hope you do Frog because I think that more people wouldn't see you as a Nazi of the Romeny supporter's and I wouldn't have seen you as bullying someone into your view. I challenge this to you because I actually believe that you could do it and do it well and actually change people's minds. Give me the same fair data of both...sway me.


The Frog Prince profile image

The Frog Prince 4 years ago from Arlington, TX Author

abby - You need to first listen to, watch and read legitimate news sources to do your fact checking. When Obama tells whoopers like this one, and he does so quite frequently, there are people who believe what he says because he said it. If Romney were to make a statement like this I'd be all over him too. He hasn't nor do I believe he will because he is a man of honor.

I just report facts abby. If someone questions what I write it is usually easily verifiable because before I ever write anything I don't usually just read one thing to form my thinking about the issues.

Right now this nation needs a person with executive experience from the private sector. Obama does not have that nor will he. Here's what I recommend that you do. If Romney says something then do your research and see if what he said is true. I have watched Obama during the debates tell Romney over and over again that what he said wasn't true but when fact checked what Romney said was correct.

Obama has narcissistic personality disorder. I've written a fairly researched article about it. He is also a pathological liar. If he believes what he said here, which isn't taken out of context (his usual excuse), then when I say he is a pathological liar he is one. Obama was given a try and he failed. He doesn't need any more time to destroy our economy and ultimately our nation.

You vote for who you want but think about your children's future when you do, not the fact that you think Obama is a nice man and funny.

The Frog


Unknown 4 years ago

Thats all we see when he is on TV is LIE LIE LIE LIE thats all he does is lie!!!!!!!!!


My Esoteric profile image

My Esoteric 3 years ago from Keystone Heights, FL

Just a quick note while I was searching for Part 2 of your 10th Amendment piece.

Of the Bush Tarp money lent to

- AIG, Obama has recovered 107.3% of it (a profit)

- Banks, Obama has recovered 111.4% of it (a profit)

- Credit institutions, Obama has recovered 126.3% of it (a profit)

--- Those were the "financial institutions" Obama was talking about to which you were referring to claiming he lied about ... he didn't, obviously and may make more as there is still some $50 billion still to be paid back.

To complete the picture:

- $9.2 billion for housing program, none recovered, it wasn't intended to be.

- Auto bailout, Obama has recovered 66.3% with a reasonable chance of breaking even.


The Frog Prince profile image

The Frog Prince 3 years ago from Arlington, TX Author

We just ended up taking a $10 billion hit on the auto bailout. The fact is that the federal government shouldn't be in the bail out business ever.


tsadjatko profile image

tsadjatko 3 years ago from maybe (the guy or girl) next door

Wait a minute, My Esoteric has to have it both ways doesn't he - Bush, not Obama, bailed the companies out but Obama, not Bush, gets the credit for it working out...typical liberal logic. Obama doesn't bail companies out but he miraculously turns bailouts into profits - hail the Messiah!


The Frog Prince profile image

The Frog Prince 3 years ago from Arlington, TX Author

tsadjatko - You know liberals love to rewrite and spin history. Obama doesn't have any idea what he is doing nor will he ever have a clue.


tsadjatko profile image

tsadjatko 3 years ago from maybe (the guy or girl) next door

Yeah, don't you just love it when they get caught lying about lying!

http://www.humanevents.com/2012/09/05/debbie-wasse...


My Esoteric profile image

My Esoteric 3 years ago from Keystone Heights, FL

No, I do understand Conservatives would rather have the economy tank and have all American's suffer, but fortunately, saner minds were in charge.

As to Bush, I need to give credit where credit is deserved. He listened to his Conservative economic advisors who finally understood the catastrophe they had wrought and counseled him to bail out the financial industry; again, to his credit, he finally understood he was about to have an international depression on his watch. Again, to his credit, Bush began the process of the auto bail in Dec.

Enter Obama. In addition to leaving Obama the worst recession and still maybe a depression (the jury was still out), he also left him some of the tools to prevent it, TARP and the auto bailout; Obama made good use of them.

So, I have no problem given both Bush (with whom I feel almost the same way you feel about Obama) and Obama credit for averting a disaster that may have eclipsed the Great Depression.

I am also not blind to the way you dodged the facts I presented which put a lie to this whole article.


The Frog Prince profile image

The Frog Prince 3 years ago from Arlington, TX Author

Esoteric - I don't think you've studied much economics at all. There are cycles in any economy. Then any major economic policy instituted by any administration takes about 10 years to come on full force. I said major not Band-Aid fixes. I will give you an example. Take the housing bubble. Clinton started that fiasco back when? Try 1998. How long did it take to catch our economic bubble? Try 10 years. That would be 2008. If you believe that worse recession since blah, blah, blah I think you are entirely brainwashed. Obama has consistently tried Keynesian economic policies. That economic theory was long ago discredited and it sucks in a capitalistic economy. That is what our economy is whether Obama, you or any other progressives like it or not. Rather than try to show up and try to dazzle us with your brilliance, may I suggest you store your BS for uneducated people.


My Esoteric profile image

My Esoteric 3 years ago from Keystone Heights, FL

Actually @Frog, I spent a career for the Air Force working in one field of economics so yes, I do understand cycles, bubbles, Keynesian, Austrian, (both read large), supply and demand, interest, unemployment, and all those other economic goodies. Even more, I understand how they interact with each other.

It is interesting that you call Keynesian economics a failure when it hasn't led to even one major recession and no depressions; in fact, it has prevented minor recessions from becoming major ones. On the other hand, the family of Austrian, which I call Conservative, economics has been responsible for about 20, including the one in 2008.

You are right on one point, however, Clinton did have a hand in the 2008 recession when he compromised with the Conservative Congress and repealed the Glass-Steagall Act of 1937; you know, the one which prevented banks from playing Russian roulette with your mortgage money. That stupidity on Clinton's part was the capstone to the Conservative 20-year campaign to dismantle all of the regulatory protection put in place to prevent another Great Depression and spelled the beginning of the end of a depressionless economy.

In any case, since you only want to hear from those that think like you, I will happily oblige and leave.


The Frog Prince profile image

The Frog Prince 3 years ago from Arlington, TX Author

As I stated Estoteric do some homework, scool work and research. Keynesian economics is a failure, It is suitable to socialism but they are also finding out in eurpoe how much of a failure it is. Good grief. You are good at defending discredited crap though.

The Frog


My Esoteric profile image

My Esoteric 3 years ago from Keystone Heights, FL

Show me where it is discredited, all I can find, and I have researched it a lot, is that it works. How do you explain one major recession or depression every 5 - 6 years under your economics and one minor recession every 7 - 8 years under Keynesian; that doesn't sound like a failure to me. It sounds more like conservative economics fails when the economy gets out of balance during the business cycle to me while Keynesian moderates and counterbalances.

Do you really prefer a boom-bust economy with all of the downside that comes with it? That is what your economics guarantees.


The Frog Prince profile image

The Frog Prince 3 years ago from Arlington, TX Author

All those European countries have thrown it off. Obama is a prime example of why it doesn't work. Are you really that stupid? Carter tried it. Did that work then? Of course it didn't. I say again so maybe you will understand. It is NOT suited for a market economy.


My Esoteric profile image

My Esoteric 3 years ago from Keystone Heights, FL

You probably need to be careful who you apply that "stupid" term to, it may come back to bite you. Exactly which European countries are not using some form of Keynesian economics?

To Carter, you can add Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford, Reagan, Bush 41, Clinton, and Obama. I am beginning to think you don't even know what Keynesian economics really is.

Let me ask, what is the difference between the two economic systems, I am curious to see if you really know.


The Frog Prince profile image

The Frog Prince 3 years ago from Arlington, TX Author

You have no idea what you are talking about so this conversation is over. Move on and find some liberal minds to feed your crap to. Read my writing and you will find out what I know. Start with #1 and go through them all.


My Esoteric profile image

My Esoteric 3 years ago from Keystone Heights, FL

I see you couldn't answer, so you might do the same.


tsadjatko profile image

tsadjatko 3 years ago from maybe (the guy or girl) next door

Frog, thanks for ending that...I was beginning to think you were just a glutton for punishment...it hurts to even listen to the left.


The Frog Prince profile image

The Frog Prince 3 years ago from Arlington, TX Author

tsadjatko - When they start babbling it's time to shut er down.

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