Typical "Do as I say, not as I do"

BarryO is a hypocrite. Biden makes things up (or borrows things someone else already said, or plants his foot FIRMLY in his mouth). Pelosi is a liar, too. Are ya proud of Your Elected Officials, America? These upstanding citizens seem to be running your country like they run their own lives, but they SAY the right things (usually, at least in public - most of the time, anyway, right, Joe?), so it's ok with you, right?

A New York Daily News op-ed has this:

A close examination of their finances shows that the Obamas were living off lines of credit along with other income for several years until 2005, when Obama's book royalties came through and Michelle received her 260% pay raise at the University of Chicago. This was also the year Obama started serving in the U.S. Senate. . . .

In April 1999, they purchased a Chicago condo and obtained a mortgage for $159,250. In May 1999, they took out a line of credit for $20,750. Then, in 2002, they refinanced the condo with a $210,000 mortgage, which means they took out about $50,000 in equity. Finally, in 2004, they took out another line of credit for $100,000 on top of the mortgage.

Tax returns for 2004 reveal $14,395 in mortgage deductions. If we assume an effective interest rate of 6%, then they owed about $240,000 on a home they purchased for about $159,250.

This means they spent perhaps $80,000 beyond their income from 1999 to 2004.

James Taranto at Best of the Web Today:

Everyone knows by now what happened: Pelosi was encouraging the Angry Left as it demanded retribution against Bush administration officials for their efforts to protect America from terrorist attacks in the wake of 9/11. Now that she has been exposed as complicit in those efforts, she is reaping the whirlwind of hatred that she helped stir up. And she is going to war with the CIA--a war in which even someone with much more intelligence than Nancy Pelosi would be vastly outmatched.

Hey, Blair Nation - I'll make more popcorn, eh?