Earlier this week, we ran an item on Obama's lie, horrific lie, about his mother being denied payments for her medical care because it was a pre-existing condition. Turns out that was 100% false and now WSJ via The Blogprof has published further proof that Obama is either too dumb to know he's lying or just does so pathologically. In this case, Obama is exercised over auto insurance.

It seems the president of the United States does not understand insurance. "The blogprof," had video and a transcript of what Obama said while pushing ObamaCare:
----Obama quote:
When I was young, just got out of college, I had to buy auto insurance. I had a beat-up old car. And I won't name the name of the insurance company, but there was a company--let's call it Acme Insurance in Illinois. And I was paying my premiums every month. After about six months I got rear-ended and I called up Acme and said, I'd like to see if I can get my car repaired, and they laughed at me over the phone because really this was set up not to actually provide insurance; what it was set up was to meet the legal requirements. But it really wasn't serious insurance.
Now, it's one thing if you've got an old beat-up car that you can't get fixed. It's another thing if your kid is sick, or you've got breast cancer.
----End Obama quote.

Acme Insurance Co.? Meep meep. What Obama is actually saying is that he had liability but not collision coverage. Assuming the story is true, he apparently didn't know enough to get the other driver's insurance information to file a claim.

The WSJ joked that the media calls Sarah Palin dumb, when Obama is too stupid to get what even the most simplistic Americans understand. We think he is just a constant pathological liar.

What is funny though is the video of Nancy Pelosi saying "no one can out-debate Obama." It is hard to out debate a man who lies pathologically. If you want to win your argument just make shit up. Nancy goes on to say "no one can [sic] out statistic Obama." Yeah that is tough when Obama just makes up his numbers.

This debt ceiling limit debate is very related to this issue, because...Obama has NO PLAN to limit debt. His budget was so entirely full of fluff that the CBO wouldn't even bother to rate it for cost savings because as they said: "we don't score speeches."
Obama says he is willing to make cuts but the only cuts he's willing to make he is not willing to put in hard cold writing on exactly what and exactly how much he'd cut. But ..He will be sure to get the IRS to collect your paycheck money of that you can be sure.
Obama is a liar and not a word he says about cutting has been proved to be actual cuts.
This is why per the WSJ

The latest CBS News poll showed that only 24% of Americans said [Obama] should raise the debt limit to avoid an economic catastrophe. There are still 69% who oppose raising the debt limit.

That is because 69% of us know Obama is such a liar that he will only increase our taxes but will never get around to making the spending cuts needed or will simply make new laws that prevent the cuts from ever taking place. We get that Obama's spending cuts are in therory only! Just like his promise on tort reform...have we seen that yet? NO and don't hold your breath.

Liar Liar Pants on Fire, Obama must go! Just about everyone but his lapdog Nancy Pelosi are sick of his lies.

http://online.wsj.com/article/SB1000142405270230340610457644405057304020...