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Old 12-08-2011, 02:42 PM
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Default Five Big Lies in Obama's Economic Fairness Speech

Interesting article in Investor's Business Daily delving into the "untruths" related by President Obama in his call for "economic fairness".

1. His claim that tax cuts have "never worked" to grow the economy.

2. His statement that President Bush's tax cuts on the rich only managed to produced "massive deficits" and the "slowest job growth in half a century."

3. His false declaration that during the Bush years, "we had weak regulation, we had little oversight."

4. The absurd pronouncement that the "wealthiest Americans are paying the lowest taxes in over half a century."

5. The stretching to the breaking point assertion that he can keep tax breaks for the rich in place, or make needed investments, "but we can't do both."

Why do they say the above statements are lies? I'll let you read the short article and not bore you with a long post, but I think that Obama knows he can say anything he wants and you'll see no investigative journalism from the likes of Brian Williams and friends.

http://news.investors.com/Article/59...ess-speech.htm