WashPo: Obama's 'phony accounting' on auto bailout

The Washington Post fact checked President Obama's assertions on the auto industry bailout and finds "...one of the most misleading collections of assertions we have seen in a short presidential speech. Virtually every claim by the president regarding the auto industry needs an asterisk, just like the fine print in that too-good-to-be-true car loan."

You can read the full story here. And, you should. The next presidential election is going to be vitally important to the country, and if this president has any chance of winning he is going to have to try to stretch the facts to cover up his own ineptness and failed decisions.