The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

BHO: “We Got Back Every Dime”

Posted on | October 16, 2012 | 11 Comments

by Smitty

This blog must leap to the defense of #OccupyResoluteDesk for his claim: “We got back every dime we used to rescue the financial system. . .”

Actual number of $0.10 pieces used in the rescue: 0.

So, the taxpayers got back every actual coin used in the rescue. This blog salutes BHO, and hopes he can continue his winning streak of strictly, literally factual claims.

“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,” said the CBO report, which was released on the same day Obama spoke.

Why does the CBO have to be staffed with humorless buzz-kills?

Category: Barack Obama

Comments

11 Responses to “BHO: “We Got Back Every Dime””

  1. Evi L. Bloggerlady
    October 16th, 2012 @ 10:48 am

    I hope Mitt Romney reminds him of that tonight.

    Mitt should also bring up Harry Truman’s “buck stops here” message too.

  2. Adobe_Walls
    October 16th, 2012 @ 10:54 am

    Totally OT: Why has the Disqus community tab fallen into the circular file? Why do some comments show up if “best” is selected in the discussion tab but not if “Oldest” is selected?
    When DISCUS comes out with these new fangled formats why do so few “stand athwart” that “history and yell stop”?

  3. Alas poor Barack Obama: Math is hard - BitsBlog
    October 16th, 2012 @ 11:02 am

    […] do not know what Barack Obama does know, I do know that Obama does not know math, from Smitty, Other McCain: [Obama] “We got back every dime we used to rescue the financial system. . […]

  4. K-Bob
    October 16th, 2012 @ 11:34 am

    There was a “community” tab? Who knew?

  5. alan markus
    October 16th, 2012 @ 11:51 am

    Wonder what a $24 Billion pile of dimes would look like? I envision a photoshopped image of Obama standing next to that pile.

  6. smitty
    October 16th, 2012 @ 12:03 pm

    Because if I enable the Social plugin, the upper right gear goes away, and the comments lock up. I haven’t had the time/interest to go through all the CSS to find the errant line.

  7. Quartermaster
    October 16th, 2012 @ 12:40 pm

    The blog no longer retains my data either. I have to type my name and email addy everytime I comment. It’s annoying, but I’m not going to join Discus if that’s what it takes to end that nonsense. I belong to more than I can handle as it is.

  8. Adobe_Walls
    October 16th, 2012 @ 1:42 pm

    Why not just revert to the prior format or better yet the second to last format you were using up until Nov 2, a year ago? Last year when this blog switched formats there was some explanation about it facilitating RSS feeding and thereby saving money. I get that even though I found that format so obnoxious that I didn’t comment on any blog using it for several months. What are the supposed improvements in this latest format? The fact that it Doesn’t always show all the comments, not just here but on other sites as well, and further that on at least one occasion it “hid” one of Adjoran’s replies due to “complaints”. I’m sure that hiding the reply wasn’t due to moderator intervention.

  9. Adjoran
    October 16th, 2012 @ 3:07 pm

    It’s really just an example of how BS spreads. The President is very lazy. He was informed that all of the billions we gave to the major banks under TARP was repaid with interest. That much is true, mainly because none of them really needed the money, Paulson forced them all to take some so that those who did need help wouldn’t be punished in the market.

    However, there were a number of regional and smaller banks that failed, and we lost money there, some still haven’t repaid and may fail, we lost money on buying some worthless mortgages and subsidizing others, and of course there is the little matter of the GM “investment,” which is still being carried on the books at face value but is actually at least another $17 billion underwater right now, with the potential to lose more when they hit real bankruptcy soon.

    But all those boring facts are too much for the President, who is concerned about more weighty matters of state, such as how the American Idol judges are getting along or what to wear on The View. So he shortened it up a bit. Don’t worry, he’ll issue an Executive Order later to make it all right.

  10. Adjoran
    October 16th, 2012 @ 3:08 pm

    Why would anyone complain about me? I’m warm, fuzzy, and huggable.

  11. Adobe_Walls
    October 16th, 2012 @ 3:52 pm

    Exactly. You and I agree more often than not and when we don’t I doubt either of us want someone else stepping in and breaking up a good argument. I don’t believe for a second that any of the moderators did so. Therefor it must be some kind of Bolshevik plot to silence you, either with or without DISQUS being aware that they are being used to manipulate this blogs comment threads.