Alan Caruba has written a masterpiece:
http://factsnotfantasy.blogspot.com/2010/01/obamas-make-believe-life.html
And if you liked that, read Mark Steyn's article.
We're Too Broke To Be This stupid:
http://www2.macleans.ca/2010/05/27/were-too-broke-to-be-this-stupid/