A desperate man will try anything and with his failed economic record weighing down his reelection campaign Barack Obama is getting desperate.  Following up on Mitt Romney’s 47% comment, many pundits provided evidence reflecting the incredible increase of the number of people in entitlement programs since Obama took office. Now according to a report by Newsbusted Anchor Jodi Miller, the President plans to strike back with a series of ads blaming the entitlement increase on all the people Romney laid-off when he ran Bain–sound crazy?

Other news items covered in the latest installment of Newsbusted the twice-weekly faux news feature from Newsbusters.org  (embedded below) include: median income at record lows, Gallup’s reaction to the Pressure from David Axelrod, the Florida Mailman who was jailed for selling cocaine to his mail route, and much, much more.

Please make sure you watch the video below because something bad always happens to the people who don’t. Last week President Obama forgot to press play and  he totally lost his memory on the Letterman show–forgetting how big the national debt was So if you don’t want to start forgetting important numbers you better press play.

Oh and if you  cannot see the video player below please click here