Obama Lies With Amazing Ease

And the 2012 campaign will be an endless litany of false accusations and liberal drivel:

US President Barack Obama accused Republicans of wanting to turn the United States into a "Third World" country as he rallied support for his reelection campaign.

The attack came a day after Obama savaged Republican budget plans and unveiled his $4-trillion deficit reduction drive that aims to raise taxes on the wealthiest Americans in order to preserve key social services.

The debate over fiscal policy will prove critical to the 2012 campaign and Obama sought to frame it as a "stark choice" between investing in the future or watching the country fall apart.

"Under their vision, we can't invest in roads and bridges and broadband and high-speed rail," Obama told a select group of the Democratic faithful at the second of three fundraising events in his hometown of Chicago.

"I mean, we would be a nation of potholes, and our airports would be worse than places that we thought -- that we used to call the Third World, but who are now investing in infrastructure."

Republicans plans to shrink the reach of government is "not a vision that's impelled by the numbers" but a "choice" to give a trillion dollars in tax breaks to the rich rather than ask those who've been "blessed" to "give a little more."

Obama said his vision is of an ambitious, compassionate, and caring America "where we're living within our means but we're still investing in our future."

Apparently "living within our means" can be defined by trillion dollar deficits for as far as we can see in the future, because that's what will result from Obama's budget proposal.

And those people who have been "blessed" and are being required to "give a little more", those are the people who create jobs, make capital investments, and if nothing else provide bank deposits that the banks can use for lending to others. They're not villains, nor are they the national ATM for liberal social programs.

They're also smart enough to change their financial portfolios to reduce their tax burden should it become unacceptable. Obama will never get as much as he thinks he will by taxing the rich. They're smarter than he is.

If Obama wants money for potholes and airports he's going to have to learn to prioritize federal spending. He can't just give money to every special interest and bleeding heart liberal priority that comes along. The American people do not support that and they won't pay for it. The debt load we're carrying now is excessive and expected to get much, much worse. If we're to become a third world country it will be because we can no longer afford basic services because all our money is going to debt service.

It's clear that "hope and change" is gone.  2012 will feature "lies and character assassinations".