If the 9.2 unemployment rate or the dubious record of deficits for every month of the Obama presidency isn't persuasive of the administration's ineptitude, then Monday's presidential press conference provided damning proof of it. Therein, the president mouthed several economic cliches that underscore that he lacks a fundamental understanding of how markets work. Read my piece @ FrontPageMag (registration may be required) exposing three myths mouthed by the president during his press conference yesterday.

Is there a single "class" he HASN'T failed?

Without any indication that it could be true, Chris Matthews states that BHO has an IQ of 160.

There was a reason that his first of many Executive Orders was to have as many of his records as possible sealed off to the public.

Dunce who can read a teleprompter and speak in glowing baritones.

The O abruptly and childishly stormed out of the most recent budget meeting saying "enough was enough", “I’ve reached my limit” and to Cantor “Eric, don’t call my bluff,” .

But what else would we expect him to do? He is incapable of compromise and it’s clearly his way or the highway.

It is clear that he doesn’t care about this country and his stubbornness will work perfectly into his Alinskyite plan to destroy the current standard and to build a Utopian Socialist system from the ground up.