VERY VERY VERY IMPORTANT (please read)

THIS AFFECTS YOU

For any and all of those people who had nothing better to do with their Wednesday night and actually sat through the well scripted paint drying ad that was aired all across America, here are some Facts that Mr. Obama left out....OOPS!

A CBS (shocking) news correspondent, wrote in his article "Reality Check: The Cost of Obama's Pledeges" on Thursday morning that the dollar amounts and unrealistic strategies proposed ONCE AGAIN to millions of American's not only won't work, but CANT work...and here's why...

First of all, just to lay the foundation, for all those who have never cared to know or dont care to find out....the Organization for Economic Cooperation and Development (OECD) revealed that when it comes to household taxes (income taxes and employee social security contributions) the U.S. "has the most progressive tax system and collects the largest share of taxes from the richest 10% of the population." The U.S. collects more household tax revenue from the top 10 percent of households than any other country and extracts the most from that income group relative to their share of the nation's income. Meaning....the U.S. tax system is far more progressive—meaning pro-poor—than similar systems in countries most Americans identify with high taxes, such as France and Sweden....

But without question, Obamas ad was very slick, very well scripted, and very well produced (i guess) to many Americans. However, how many people when he was done speaking were left thinking...is all that possible?? I mean realistically....the answer is NO....and here are FACTS to prove why.

Obama has already proposed a new stimulus package of $188 billion over two years. His tax cuts will cost $85 billion a year. His "army of new teachers": $18 billion; Renewable energy: $15 billion. CBS News and various independent experts estimate Obama's total first year spending could exceed $280 billion

Still Obama repeated his claim he can find the money to pay for every proposal. "I've offered spending cuts above and beyond their cost," he has said. The fact is the savings Obama has identified do not cover his spending. According to a CBS News estimate, he's around $90 billion short. The Obama campaign disputes this, saying everything including the stimulus is paid for over 10 years. But other analysts say - even presuming Obama saves money in Iraq and chops the federal budget as promised - he falls short.

So breaking it down....here you go....

Fact: Even if you believe Obama intends to fix health care, most independent analysts say the cost is massive - $1.2 trillion over ten years, according to the highly respected Lewin Group. When the new Congress wakes up next year to a $1 trillion deficit, and answers the overwhelming new demands for another stimulus package, will the leadership really bite on a health care reform package that digs the deficit hole so much deeper? And that's just the beginning of what Obama would spend.

Fact: The tax cuts he promises, which are mostly refundable tax credits (code for cash back), will cost $60 billion just in year one, according the National Taxpayers Union, though the Obama campaign's own estimates in July put that figure at $130 billion.

Fact: His new promise to give businesses a $3,000 tax credit for each new job created will cost $40 billion. But economists say this credit is far more likely to benefit companies already planning to expand and will likely not be enough to help companies create new jobs or forestall layoffs.

Fact: Obama's claim he will lower health care premiums by $2,500 is: 1.) guesswork, which is 2.) based on health care savings that might, in a perfect world, happen over 10 years - a fact Obama neatly glosses over.

Fact: Obama, when referring to savings he can make by leaving Iraq ($90 billion, according to Congressional Budget Office estimates), has spent these savings several times over, across several different promises depending on the crowd he's addressing.

Most of the time he spends the Iraq savings in the context of the roads he wants to build; sometimes it's for the teachers he wants to hire. Tonight, he riffed rhetorically on the savings, asking how many scholarships could be funded, or how many schools could be built. In the end though, presuming he really saves $90 billion, he can only spend it once.

He also mentioned rebuilding the military ($7 billion/yr); his education initiative ($18 billion/yr); and his energy initiative ($15 billion/yr). He did not mention the $188 billion that he would spend on the brand new stimulus package he has proposed.

"If he closes every loophole as promised, saves every dime from Iraq, raises taxes on the rich and trims the federal budget as he's promised to do "line by line," he still doesn't pay for his list. If he's elected, the first fact hitting his desk will be the figure projecting how much less of a budget he has to work with - thanks to the recession. He gave us a very compelling vision with his ad buy tonight. What he did not give us was any hint of the cold reality he's facing or a sense of how he might prioritize his promises if voters trust him with the White House."

First off, I want to commend the MILLIONS of American's out there who are struggling so much with gas, food, clothing, etc to help donate over 600 million dollars to Barack Obama...truly...America applauds your BULLS***. Second of all, shouldn't a HARVARD GRAD be able to comprehend the stat that 5+5-9 does NOT equal zero?? and Third....Barack Obama intends on redistributing MY wealth and YOUR wealth but what about his wealth?? Why cant he start with that 600 mill he raised to redistribute!! oh thats right, because he already spent it all. Look, the decion is clear cut. It's jackass vs elephant, black vs. white (take it however you want), and fantasy vs. reality. You be the judge.