Obama Administration Lied to Raise the Debt & Deficit


Obama speech

Don’t be too shocked but the administration lied during the debt crisis so they could spend wantonly according to secret documents secured by the Daily Caller.

We all knew of course but the media perpetrated the lie and there wasn’t a strong opposition.

The Federal Reserve Bank of New York officials secretly conducted real-time exercises during the 2011 and 2013 debt-limit crisis that demonstrated the federal government could function during a temporary shutdown by prioritizing spending, even as Treasury Secretary Jack Lew lied in public and said that it was not the case.

It wasn’t just Lew, it was the entire administration.

Jack Lew and other White House staff lied. Shocker!

Congress couldn’t deal with this because Treasury obstructed all efforts to get the information. Congress attacked Ted Cruz for calling for a shutdown but he was right about what was going on.

The report states that “Treasury apparently directed the New York Fed not to answer valid congressional oversight inquiries because Treasury knew the answers would expose the dishonesty of the administration’s public statements.”

It doesn’t stop there.

The Obama administration crafted actual contingency plans to pay for Social Security and veterans benefits, as well as principal and interest on the national debt if the government was temporarily unable to borrow more.

Obama told the public that default was the only option if he didn’t get the budget he demanded.

The report shows that in addition to lying, he held the nation’s creditworthiness and the economy hostage so he could get an exorbitant budget, increase the deficit, and wildly expand the welfare state.

It was a manufactured crisis in other words.

The national debt limit has tripled under Obama and now stands at $18.9 trillion.

Lies, corruption, manipulation are an expression of the character and unprincipled nature of our government.

This is how tinpot dictatorships operate. Anyone who opposes this corruption risks being called hard-right, a wacko bird, a bigot and so on. Democrats don’t care because they are hard left and approve of lying as long as they are the ones doing it.

The hard left are okay with chopping up babies for body parts. Governor Cuomo of New York and the mayor of New York City think it’s okay to kill a baby about to be born. The new Democrats encourage lying for the cause, they believe in stealing other peoples’ money, and promoting illegal immigration and immigration of  unvetted refugees for votes even if it endangers citizens. They love over-taxing and over-regulating and want to tell everyone what their rights are and what they are allowed to do. They disavow the very compromise they demand of others.

Democrats are no longer the party of principles. They are the hard left party of chaos.

This information comes via the Daily Caller.

EXCLUSIVE: Secret Fed Docs Show Obama Misled Congress, Public During Debt Limit Crises