10. “The U.S. might default on its debt.”
Wasn’t close to happening. Will never happen. This is still the country that owns the printing presses that produces what is unchallenged as the world’s reserve currency. No president or congress of either party would ever let it happen. The “scare” in August was half hysterical, half fabrication and, in keeping with the way we do math here in D.C., half about trying to jolt the inert denizens of the U.S. Capitol into actually doing something to fix the U.S. deficit.
11. “The Obama administration is committed to serious financial services reform.”
Ha. Dodd-Frank was a palliative. Creating oversight responsibilities without funding the overseers is kabuki theater. Virtually all the serious threats to the financial system that caused 2008 remain. (Even if U.S. banks have made some progress on the capital requirements side, that’s offset by the fact they’re connected to even more reckless eurobanks. And there are more “too big to fail” financial institutions today than there were before the crisis. Derivatives? Only a bigger problem than before. Global regulation? Not an inch of progress.)
12. “Only 9 percent of Americans approve of Congress.”
This can’t possibly be true. There can’t possibly be that many.
13. “The operation in Libya will be over in a matter of days or weeks.”
The operation was a success. But this was wrong and then wrong and then wrong again for months.
14. “I love Israel.”
Everybody in U.S. politics says it. Most of those who say it however, mean, “I want American Jews to think I love Israel enough to vote for me and give me money.” Think we will move the embassy? That they’ll make their first trip there? That the U.S. will stand loyally by Israel under any circumstances, even if Israel continues to complicate matters with its settlements policy and the rest of the region creeps toward something like democracy? Ha. This is right up there with “the check is in the mail,” “I’ll respect you in the morning” and that other one.
Those are just a few of a bumper year for duplicity, mendacity, and craven mistatements. Got more? We can’t wait.