Oliver North: Truth Be Told, Obama too Often Isn’t Telling the Truth

Here are a few examples of this week’s words that just don’t match what’s right:
“We have known for decades that our survival depends on finding new sources of energy. Yet we import more oil today than ever before.” The first sentence is spot on. The second sentence simply isn’t true. Since 2005, U.S. oil imports have steadily declined from a high of 5 billion barrels per year.

“I believe the nation that invented the automobile cannot walk away from it.” Great line, but wrong. The first “automobile” (a French word) was invented by Frenchman Nicolas Cugnot in 1769. In 1862, French inventor de Rochas built an internal-combustion engine powered car. Karl Benz, a German, was issued the first patent for a “self-powered car” in 1886. Henry Ford was first to mass-produce automobiles — starting in 1913 and he did it without any U.S. government money.

“In the midst of civil war, we laid railroad tracks from one coast to another that spurred commerce and industry.” Not true. Our transcontinental railroad, arguably the greatest engineering feat of the 19th century, began in 1830 and was not completed until 1869 – as a private sector venture. The federal government’s role was limited to “eminent domain” land seizures, authorizing the import of immigrant laborers, guaranteeing private bank loans and approving the actions of administrators in federal Territories.
Many more untruths by Obama according to Col. North….Read them all click here

Thanks sir for pointing all these un-truths out, someone needs to let the American people know that Obama is alot of hot air. He been telling un-truths from the start of his campaign for president…he didn’t know how many States was in The United States was just one! For some reason he will not release his birth place.

Banks Shut Down in Illinois and Nevada

Regulators on Friday closed Heritage Community Bank in Illinois, and Security Savings Bank in Nevada, marking 16 failures this year of federally insured institutions.
The Federal Deposit Insurance Corp. was appointed the receiver of the banks.
On Friday, the government announced plans to increase its stake in beleaguered Citigroup Inc. to as much as 36 percent by converting its preferred stock to common stock. While the conversion will dilute current shareholders’ investments.
Still, the news offered little comfort to investors who are worried about the stability of other banks.
Read More

Obama keeps spending and banks keep failing, don’t he see that this is going in the wrong direction? Need to stop spending, cut taxes on the working people and do away with capital gain tax or at least cut it in half. If he want to spend we need to replace alot of military equipment and that would be more jobs, and we could use at least a 100,000 more troops in the military. By the way where is he going to find jobs for the NG troops he’s pulling out of Iraq?

Palin leads GOP presidential poll

a_sarah-palin-b_1

Republican contenders for president in 2012 gather at a Washington conference, a new poll finding released today found that three are ahead of the pack.
#1 Alaska Governor Sarah Palin
#2 former Arkansas Governor Mike Huckabee
#3 former Massachusetts Governor Mitt Romney
#4 Louisiana Governor Bobby Jindal

Which one do you think would be best and which one do you like the least? Or maybe there someone not listed that you like better?