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In his very first TV ad of the 2012 campaign, the president is feeding the public false information about America's dependence on foreign fuels. His twisted statistics actually celebrate the Obama recession.

The Obama re-election campaign is already shaping up as the most deceitful in American electoral history. "For the first time in 13 years our dependence on foreign oil is below 50%," the commercial declares, accompanied by goose-bumpy music.

Major economic downturns, in fact, unfailingly produce declines in oil imports. And so do higher gas prices — which went from an average of less than $2 a gallon at the time Obama took office to nearly $4 in the middle of last year and remain well above $3 today.

How could gasoline demand not drop with so many people out of work, businesses dying and jittery investors sitting on a trillion dollars?

Obama's ad dishonestly suggests he's been engineering an alternative energy economic renaissance in America. As hard-hatted workers are shown assembling solar panels, the ad says, "America's clean energy industry? 2.7 million jobs and expanding rapidly."

It's saying Obama created — or "saved" — 2.7 million new clean energy jobs, right? Uh-uh. Turns out that the Brookings Institution report that the ad cites as its source on the 2.7 million was referring to already-existing green jobs.

You'd never know from the Obama commercial that what Brookings actually said was: "Overall, today's clean economy establishments added half a million jobs between 2003 and 2010, expanding at an annual rate of 3.4 %" — a half-million over eight years being a tiny gain. And that "this performance lagged the growth in the national economy, which grew by 4.2% annually over the period."

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President Obama aired his first campaign ad of 2012, which promotes his record on clean energy. Obama’s a big environmentalist. In fact, for the election he plans to recycle the same promises he made four years ago.

Jimmy Fallon

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"For the first time in 13 years our dependence on foreign oil is below 50%,"

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"America's clean energy industry? 2.7 million jobs"

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You wouldn't know, Brookings said, that "many longer-standing companies in the clean economy — especially those involved in housing- and building-related segments — laid off large numbers of workers during the real estate crash of 2007 and 2008, while sectors unrelated to the clean economy (mainly health care) created many more new jobs nationally."

And Brookings' assessment that the green economy is "expanding rapidly"?

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Its report's conclusion actually warns "against excessive hopes for large-scale, near-term job-creation from the sector" because "the U.S. clean economy remains small where it is fast-growing and relatively slow-growing on balance ... their status as major employers remains a few years off."

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Obama has a great record

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Obama's energy policy is a disaster as to reducing foreign energy dependence. As the Institute for Energy Research points out, "oil production on federal lands has fallen by 43% over the past nine years, according to the Obama administration's Energy Information Administration. And it has dropped rapidly on President Obama's watch."

Dan Simmons, IER's director of regulatory and state affairs, told IBD he's convinced "President Obama is afraid of charges of crony capitalism regarding Solyndra," the solar panel company that got $535 million in taxpayer-funded stimulus loan funds from the administration, then soon went bankrupt.

That's why the Obama re-election campaign's first big lie is that he is the energy president.

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Solyndra was selected as a candidate before Obama was elected.

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Unlike George W. Bush who, for eight freaking years when asked about his LACK of energy policy merely shrugged, grinned and said: "Because it's hard. It's really hard. Makes me want to go poopie."

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ATTACKS FROM BIG OIL - [[[ (and anti-Zorro types) ]]]

Americans for Prosperity, backed by the oil industry billionaire Koch brothers have launched a $6 million ad campaign against President Obama’s clean energy initiatives as they try to fight President Obama’s efforts to end subsidies to the oil and gas industry

The Koch brothers are worth $21.5 billion thanks to their stake in Koch Industries, a company that operates oil refineries across the country and controls roughly 400 miles of pipelines and was rated as one of the top ten air polluters in the United States

Their previous attack ad was labeled “mostly false” by independent fact-checkers.

Their most recent ad has been deemed “not tethered to facts” by ABC News.

In fact, President Obama’s investments in clean energy are supporting jobs in a sector that employs more than 2.7 million Americans and is “expanding rapidly”

<...read more at the cited source...>

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Originally posted by Victor Laszlo:
Didn't he campaign on letting the Bush Tax cuts expire too?

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In exchange for a second stimulus, they threw a bone to the GOP. Otherwise, they would have let them expire.

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Originally posted by Victor Laszlo:
Didn't he campaign on letting the Bush Tax cuts expire too?

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HE CAMPAIGNED ON EXTENDING THE TAX CUTS for everybody except those making over $250,000 in taxable annual income.

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But its someone elses fault.

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HE CAMPAIGNED ON EXTENDING THE TAX CUTS for everybody except those making over $250,000 in taxable annual income.