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February 17, 2012

How Come President Obama Can Misrepresent in the State of the Union?

As with anything, the facts will set you free, and the poppycock will pile higher and higher until you are smothered in it. Now then, today, I'd like to discuss the State of the Onion, yes, Union, but to me it's all been a really bad joke, so I use Onion in this case, and refer to the speech as more like comedy or charades if you will. Okay so, let's talk shall we?

There was an interesting article on the ABC News website on January 25, 2012 titled; " Fact or Fiction Number 1 - The Booming Economy: Obama's Jobs Story," by Huma Khan, Elizabeth Hartfield, Matt Negrin, Chris Good, Amy Bingham, Jeunee Simon, Greg Krieg, Meg Fowler and Sarah Parnass report: "Did the economy crater before President Obama's inauguration, then rebound once his policies took effect?" The article stated:

"It seems unlikely that the president would utter inaccurate jobs numbers during his State of the Union address, but while we wait for official White House citation, the president made at least one claim that for now looks iffy. The transcript: states."

Now then, this article caught my eye as it was being discussed on the CFO Magazine blog and website as well. Consider if you will that you are a large corporation which makes a "forward looking statement" which you know not to be entirely correct, but it's close and if you use trickery you can pull it off, then you misrepresent the past accounting as well. Okay so, we all know what will happen - class action lawsuits galore from "minority shareholder" investors (minority shareholders is a legal business term, look it up, it has nothing to do with minorities or skin color) and the SEC will knock on your door the day after such a conference call, interview, or printed annual report.

What a bunch of hypocrisy we have here. If the President of the United States does this in front of congress, and televised to the whole nation and world, it's okay? How is it okay, may I ask? If someone lies to Congress in a testimony, they throw their butts in jail? We have an integrity problem in Washington DC and it needs to stop.

Now then, the good thing about this is that that you can't fool all the people all the time, and now people are on to all this teleprompter showboating. Still, there are folks who believe it all, enough of them in fact to really throw a loop in our system, as these people still vote, and actually believe some of this spewed nonsense and class warfare rhetoric, misrepresentation of truth, and falsification of facts - clouding it all in enuendos, and carefully worded sentences misleading the public.

If this were a business man or someone testifying to congress they'd go to jail for it, yet the president stands before the US Congress, US Citizens, and is televised to the world and somehow that's deemed okay because it's just politics - amazing I say, simply amazing.

Lance Winslow has launched a new provocative series of eBooks on Future Concepts. Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank; http://www.worldthinktank.net/


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