The Fundamentals Of Our Economy Are Strong

This is a truth that seems to have escaped those on the left who clamor about all the bad things going on. The important thing to note is that the Fundamentals are strong. Are we hitting some rough spots, yes. Are some major businesses going under, yes and they should. They made risky investments and they paid the price for the gamble. If they had made billions of dollars they would be patting themselves on the back (and democrats would be talking about corporate greed).

There is this ongoing battle about which campaign is playing loose with the truth with Obama supporters saying that John McCain has been lying and they point to a statement made by Karl Rove, of all people. The left has always said he is a man that cannot be trusted but let him say that McCain took it one step too far and it is splashed all over the liberal blogs. The inconvenient truth is that while they were splashing that newest revelation they were engaging in the half truths they admonished McCain for. You see, Rove said that Both campaigns were playing loose with the truth.

This has been happening to McCain for quite some time and it is the media that plays with the truth. Take a look at yesterday’s news. John McCain said “The fundamentals of our economy are strong, but these are still very, very difficult times.” The only part that got reported and that the Obama campaign jumped on was everything prior to the word “but” which means they engaged in the very same thing they have been accusing McCain of and their surrogates in the media helped them right along. Obama obliged by stating; “Sen. McCain, what economy are you talking about?”

I know our economy is fundamentally strong but I also realize there are bumps in the road. But maybe we should look to Obama as a bellwether. Obama took in $66 million in August which breaks his own single month fund raising record. Yesterday, after bashing McCain for his remarks on the fundamentals of our economy and asking what economy McCain was talking about, Obama went to a fund raiser where it cost each person $28,500 to attend. Obama is expected to raise $9 million dollars from the event. This means that about 300 people attended (assuming some of the money went to overhead).

If Obama can raise $66 million dollars in August and have around 300 people pay $28,500 each to attend a function then that is a pretty good indication that the economy is fundamentally strong. Of course this does not take into account the amount of money Obama has been taking from illegal donors in Hamas and from other overseas locations but a reasonably large amount of the money is coming from donors here at home.

How can a candidate and his running mate talk about how absolutely abysmal the economy is during the day and then attend functions where people pay more than a lot of folks make in a year to attend by night? If there is a candidate who is out of touch it is Barack Obama.

At least this should put to bed these victim filled stories about McCain’s half truths. Obama and his media cronies have distorted what Rove said and what McCain said for political gain. Have they no shame?

I read a piece by someone and I can’t remember where but he indicated that if we are now only going to use parts of sentences to portray what a candidate said is it OK to say that Obama said “John McCain did not talk about my Muslim faith?”

Who else thinks the economy is fundamentally strong?

Source:
Drudge

Big Dog