10 Fact-Checks on Obama's Speech 8/28/08

1. It will take 300 billion dollars in tax increases to pay for all of Barack Obama's proposals, which will necessitate hitting the middle class with some of those tax increases.

2. Obama claims he can give 95% of the population a tax CUT while at the same time calling for proposals that will cost an added 300 billion dollars in new taxes.

3. A 300-billion-dollar tax increase on 5% of the population will put a damper on the creators of wealth who drive the economy, and their businesses and investments will suffer as a result, passing along the costs to the entire economy.

4. George W. Bush is not responsible for the failure of an adequate response to Hurricane Katrina. The former Governor of Louisiana and the Mayor of New Orleans--both Democrats-- failed to implement state-mandated policies to evacuate citizens using school buses--which, by the way, eventually were rendered useless because they sat unused in parking lots as the flood waters rose.

5. Obama claims he wants to help people start small businesses, but this cannot be accomplished while at the same time punishing other business who do so well that their profit margin is described by Socialists as 'obscene.' You cannot be sincere about helping start businesses if you punish them for being successful, which is what the Obama program does.

6. Obama said that McCain represents only 10% change while he (Obama) represents 100% change. Sorry, but in a Constitutional Republic, a President does not have the authority to change things that much. We are governed by the Constitution of the United States of America, most of which should NOT be changed.

7. Obama said that electing John McCain will tantamount to a 3rd term for George W. Bush. In fact, electing Barack Obama will be tantamount to Jimmy Carter's 2nd term--long gas lines, inflation at 13%, interest rates at 23%, America becoming the laughing stock of the world because it's leader was so ignorant and naive that he could not actually guard U.S. interests abroad.

8. Obama stated that the number of uninsured Americans is up. Wrong. Figures for this year indicate that the number of Americans without healthcare has actually DROPPED.

9. Obama painted the economy as a disaster. While there are problems, in actuality the figures show that unemployment over the last 8 years is at its lowest point in 30 years, plus the housing industry is showing signs of a rebound. Inflation is at an average all-time low over the last 8 years as well.

10. America did not lose respect overseas because of George W. Bush, as Obama claims. America lost respect because we refused to cow-tow to Socialist European leaders who show the backbone of a jellyfish when it comes to ruthless dictators, such as Saddam Hussein and others in the region. Why do we need the 'respect' of imbeciles?

And if Obama is elected, I suppose the U.S. will become just another has-been 2nd-rate Socialist nation of the European Union--a nation which will be only a shadow of its former glory.