The ONE is on all the networks now, talking up his porkulus package:

How’s he doing? Lying through his teeth.

First lie? He stated that the stimulus contains NO pet projects or pork, that it has been stripped.

BUZZZER! Via Econospeak Blog:

First there is 2.6 billion for “clean coal”. Now I’m not against coal, but somehow Robert Byrd convinced his colleagues that coal is “green”.

Senator Max Baucus got $26 billion for private equity companies — the vultures that buy companies, load them up with debt, collect exorbitant fees, and then try to sell them to the unsuspecting public.

The AP continues the fact checking here.

A few samples:

OBAMA: “I know that there are a lot of folks out there who’ve been saying, ‘Oh, this is pork, and this is money that’s going to be wasted,’ and et cetera, et cetera. Understand, this bill does not have a single earmark in it, which is unprecedented for a bill of this size. … There aren’t individual pork projects that members of Congress are putting into this bill.”

THE FACTS: There are no “earmarks,” as they are usually defined, inserted by lawmakers in the bill. Still, some of the projects bear the prime characteristics of pork — tailored to benefit specific interests or to have thinly disguised links to local projects.

For example, the latest version contains $2 billion for a clean-coal power plant with specifications matching one in Mattoon, Ill., $10 million for urban canals, $2 billion for manufacturing advanced batteries for hybrid cars, and $255 million for a polar icebreaker and other “priority procurements” by the Coast Guard.

Obama told his Elkhart audience that Indiana will benefit from work on “roads like U.S. 31 here in Indiana that Hoosiers count on.” He added: “And I know that a new overpass downtown would make a big difference for businesses and families right here in Elkhart.”

U.S. 31 is a north-south highway serving South Bend, 15 miles from Elkhart in the northern part of the state.

OBAMA: “The plan that we’ve put forward will save or create 3 million to 4 million jobs over the next two years.”

THE FACTS: Job creation projections are uncertain even in stable times, and some of the economists relied on by Obama in making his forecast acknowledge a great deal of uncertainty in their numbers.

Beyond that, it’s unlikely the nation will ever know how many jobs are saved as a result of the stimulus. While it’s clear when jobs are abolished, there’s no economic gauge that tracks job preservation.

But of course he did bump his head earlier today, so perhaps he forgot the facts. Or maybe he’s just lying.

UPDATE: Michelle Malkin, notes the fear mongering instead of “hope” that ruled the event.