Pants On Fire

Obama's big 5 percent lie.

By Dan Kennedy
Business & Media Institute

I remember when “60 Minutes” wasn’t so warm ‘n cuddly. Sunday night Ben Bernanke dodged a question by simply saying “It’s difficult to make predictions.” The interviewer let it go.

I might have responded to Bernanke by pointing out that the president seems to have no problem making predictions with great precision and in great quantity. So maybe Bernanke’s incompetent by comparison, or is the president a looney or liar? How would Bernanke respond to that?

After all, the president has, at different times, predicted crisis becoming..