
If any of you read my last post, called A Deficit Disorder, you probably know my feelings regarding our federal government's economic policies range somewhere between cynical and disgusted. Lately, with mob boss Hugo Chavez Hank Paulson running the Treasury like Don Corleone, making the big banks an offer they can't refuse to force a partial nationalization of those institutions, "disgusted" might not be a strong enough term. Paulson even told Wells Fargo Bank, who didn't want to be nationalized, that if they didn't accept his offer, they should (cue Marlon Brando's Don Vito voice) "never seek my favors or protections again." I'm paraphrasing, of course, but Paulson really did say words to that effect. Heaven help us. That's what happens when you give the feds so much power.
So, I almost passed on watching the third presidential debate last night. However, I was interested to see if John McCain would go down fighting or go down easy, so I tuned in. I was glad I did. While the talking heads, with their sound-byte mentalities, were saying things like "McCain didn't score the knockout he needed", or that Barack Obama "didn't make a major gaffe" after the debate, I saw things much differently. I thought John McCain cleaned Obama's clock on almost every issue. As an economic Conservative and an economic Libertarian, I finally heard from McCain some of what I've been hoping to hear. I finally heard McCain outline some fiscal policies to balance the budget and reign in Fedzilla (as Ted Nugent calls it), and I finally heard McCain expose Obama for the wrong-headed, wealth redistributing, big government tax and spend liberal that he is. I only wish McCain had mentioned some of the fascist policies of the other two heads of the liberal triumvirate of terror who would control our government if Obama gets elected and the Democrats increase their control of Congress – Speaker of the House Nancy Pelosi (D-CA) and Senate Majority Leader Harry Reid (D-NV), who would attempt to do things like eliminate the secret ballot in union voting (you VILL join ze union, comrade !) with the Orwellian-named Employee Free Choice Act, and squelch free speech on talk radio (which mostly happens to be Conservative free speech) by imposing the equally Orwellian-named Fairness Doctrine. Ah, how I love the smell of our basic democratic principles burning in the morning.
McCain and Obama spent much time talking to Joe the plumber, who, after 15 years of working hard at his job, was finally in a position to own his plumbing business, and was concerned that Obama's tax plans would steal his hard-earned success and limit his ability to expand his business. (you really need to watch the entire video of Obama and Joe talking here). Obama's answer really does amount to stealing Joe's success, squelching Joe's American dream, and Obama taking the fruits of Joe's labor and "spreading the wealth around" to others. It's classic big government liberal-speak. In contrast, McCain showed how his tax cuts for business and low capital gains tax rates would enable Joe to grow his business, allowing Joe to hire people and create jobs. Obama's answer to Joe is the perfect example of how big government high-tax policies work against wealth creation and economic expansion. Instead of penalizing Joe for his success, the government should get the hell out of the way of people like Joe and let them do their thing. That is what would benefit society. McCain also rightly pointed out that Joe the plumber is not rich, though he would be under Obama's entitlement mindset. When Obama talks about tax "fairness", there really is nothing at all fair about it. Joe the plumber mentioned the flat tax during his conversation with Obama. The flat tax would be fair, but to Obama, those "rich" folks like Joe, who pay 35% income tax rates, aren't being taxed enough, whereas the non-rich, who often pay little to no income taxes, deserve even more money from the government. Once again, the word "fairness" takes on an Orwellian meaning in liberaldom (some animals are more equal than others).
McCain also pointed out that the last president wrong-headed enough to increase federal spending and raise taxes during a severe recession like this one was Herbert Hoover. Hoover's policies are widely seen as leading to the 1929 Great Depression. Are we about to allow history to repeat itself by electing Obama ? McCain noted that we shouldn't be raising ANYONE'S taxes during these harsh economic times. Amen, brother. We should be cutting back on government spending and stimulating the economy instead, as McCain said he plans to do, with both a hatchet AND a scalpel, and the veto pen too. Aww, Johnny, you had me at "freeze government spending."
McCain's plans are responsible, at least relative to Obama's. Obama's plans are nuts, unless our desire is to create a socialist country. I know I don't want that. I hope you don't either. Our founders sure didn't, which is why we have that wonderful document called the Constitution. It's too bad that very few are paying any attention to it these days, and that goes for both sides of the political aisle, including both Barack Obama and Hank Paulson. I couldn't find where Paulson is allowed to forcibly nationalize privately owned banks anywhere in the Constitution, but I guess I just don't get the notion of the "living" and "evolving" Constitution (Damn right I don't).
McCain mentioned several times that Obama's answer to absolutely everything is more government spending, more government control, and more government, period. Obama would take our already overblown federal government and put it on even stronger steroids. That is exactly the wrong answer – wrong for liberty, wrong for fairness, and wrong for America. Taxes, while necessary, should always be kept as low as possible. We have an annual time known as Tax Freedom Day, which is when the average American has paid off his government tax burden. It varies from state to state, but now falls around the end of April. After the financial crisis is cleaned up, and counting all our unfunded liabilities and national debt, who knows, it might fall at the end of June, July, or even August. When the average American is working 4-6 months of the year just for the government, what is that, but forced labor ? And what is forced labor, but slavery ? Do we want to keep EXPANDING that ? Hell no. America isn't a government chain gang. That cannot possibly be good for any of us in the long run. Each and every one of us has a civic duty to keep America free, to keep taxes low, and to limit our Fedzilla, to keep the American dream alive. And if the citizenry can't see that now, with all that is currently going on in our country, then we are certainly doomed.
You can find a transcript of the third presidential debate here. McCain took it to Obama, finally, though I wish McCain had been even more forceful in making his case. In boxing parlance, McCain too often jabs and jabs, and then inexplicably backs off from throwing the overhand right that he just set Obama up for. Too bad, because I don't think Obama could hear the rest of us Conservatives delivering those overhand rights by yelling at the tv sets in our living rooms.


{ 14 comments… read them below or add one }
Obama will not raise taxes on anyone making less than $250K per year.
Why working class folks cheerlead for tax breaks for rich people is beyond my comprehension. Why average Americans are so concerned about the wealthiest 5% and their tax "burden" is, literally, beyond my ability to explain.
Kind of looks like blind ideology to me.
One more….
We have just experienced 8 years of historic tax cuts….mainly benefitting the top 5%, the group you are so concerned about. Our economy is collapsing from the top down, I think proving that tax cuts, per se, are not the magic elixir you say they are.
During Clinton's presidency, before the historic tax cuts for the rich, America's economy boomed. We had higher tax rates and America's economy boomed. Those facts belie your premise.
King, coming off of your most glorious posting, I expected at least a little honesty on this one.
McCain looked curmudgeonly and erratic. Making points? His case seemed to be to throw everything at the wall and hope something sticks (columbian drug lords? pro-abortion? traveling outside the country? fat kids? are you freaking kidding me?????).
John McCain proved last night that what is today considered the Republican party is out of touch with the majority of Americans. Hopefully, this is the beginning of the end of so-called "conservatism." The Republican party needs to seriously re-asses its priorities.
Looking at the polls of undecided voters who watched last night's debate, they clearly agree with us King and not with you. 'Nuff said.
McCain should have pressed him about that 95 percent number.
Rev,
You are the class warrior, not me. I'm not looking to just elect the guy who will put the most money in MY pocket next year, I'm looking to elect the guy who will best serve the country, who will enact the policies most conducive to American economic prosperity. That guy is McCain, in my view, because he has an agenda to reduce government spending and stimulate business. Bush's tax and spend policies are much closer to Obama's than to McCain's, and that ain't ideological blindness, it's mathematics, and it's right out there for anyone to see. Let me break it down again for you, even though I already did so in a past post.
—
Bush cut the personal income tax rates for 100% of Americans. Obama will cut personal tax rates for 95% of Americans. McCain will cut the personal tax rates for 0% of Americans, though McCain would add child and health care tax credits for all.
Bush left the business income tax rate at 35%, the second highest in the world. Obama will leave the business income tax rate at 35%, just like Bush. McCain will cut the business tax rate to 25%, making our businesses more competitive.
Bush increased federal spending by about a trillion dollars over where it was when he took office. Obama will increase federal spending by a trillion over his first term, just like Bush. McCain wants to freeze federal spending, cut military spending, cut earmarks, try to eliminate unnecessary government departments, and balance the budget. Obama has no plans to balance the budget, just like Bush didn't.
Bush started a huge new medical entitlement program, Medicare Part D. Obama will start a huge new medical entitlement program with his health care plan. McCain has a free market health care plan.
Conclusion – Obama is more of the same. McCain is change. I only wonder why everybody doesn't see this. It's so obvious. It must be that ideological blindness thing you were talking about.
da truth,
I'm honest, and I called it as I saw it. Obviously, people with different political agendas may see things differently. So be it.
larry,
I wondered why McCain didn't swat Obama harder when Obama told several outright lies during the debate, such as when Obama denied his political coming out party held at Ayers house. That is a stone cold provable fact, and I couldn't believe Obama tried to deny it. Ditto for Obama's ridiculous bs defense of his voting against the Born Alive Infant Protection Act. The law WASN'T already on the books. If it had been, then they wouldn't have been voting on it in the first place. Obama's other defense for voting against Born Alive, that it would have helped overturn Roe v. Wade, is also absurd. Obama has changed his story so many times about Born Alive that it's no surprise even he can't remember them all anymore. Obama also dissembled about his relationship to ACORN, even lying about the money he sent to ACORN, which is undisputable.
But at least Obama didn't tell nearly the number of outright lies that his running mate Biden did during the VP debate. Biden is the all-time bs champ. If all Biden's lies were edited out of the debate transcript, I doubt there'd be many coherent sentences left.
Dims = liars. What elese is new?
But gee wiz, they have to lie to get elected and since getting power is their god, it's okay. Anyay, that's Dim philosophy. Oh, and did I mention that the Dims get livid when you point out their lying. You're suppose to be a good sport and ignore it.
"Obviously, people with different political agendas may see things differently. So be it.'
King, what agenda do the undecided voters who had Obama winning almost 2 to 1 have?
And more:
"Factcheck.org supports Obama's assertion that there was already a law protecting such babies and has criticized an ad by an antiabortion group featuring a woman who says she was born in a failed abortion. The woman says she would not be alive "if Barack Obama had his way."
Illinois law since 1975 requires that if a child is born alive during an abortion, the physician "shall exercise the same degree of professional skill, care and diligence to preserve the life and health of the child as would be required of a physician providing immediate medical care to a child born alive in the course of a pregnancy termination which was not an abortion."
Failure to do so is a felony in Illinois."
-LA Times
Why is it a lie on one side but not on the other? Your R is showing again. And do we really want to discuss McCain's position on abortion? Here it is: flip. flop.
I don't know if you're right or wrong da truth but I'll clue you in–factcheck.org is a joke.
I do have to wonder why the state legislature was considering enacting a law they already had on the books.
I forgot another clue for you da truth. Anyone who tells a television pollster he's undecided is either awfully lonely or an idiot.
Bashing the undecideds now.
Impressive.
And da truth is correct. The legislature was doing their GOP unlevel best to get a "gotcha" vote from Democrats. Same mindless gamesmanship.
What I would like to see is Republicans put as much effort into, you know, governing, as they do in gaming the system.
But then, the GOP believes governing IS the problem…..maybe that's why they can't do it.
Forget the character attacks, however deserved or not. Let’s deal with the actual issue that was raised. Here’s a relevant excerpt from the conservative Wall Street Journal’s article of OCTOBER 17, 2008, 'As Joe the Plumber Grows Famous, the Politics Get Murkier':
"To reach a level that would be affected by Sen. Obama’s proposed tax increase, Mr. Smither said, a mom-and-pop plumbing company like Newell would have to clear $5 million in annual sales. [Joe’s company actually reports only $100,000 in sales.]
Even if Mr. Wurzelbacher reaped taxable income from his business of $280,000 a
year, he'd pay only about $900 more a year in taxes under Sen. Obama's plan, which
would raise the tax rate on the income between $250,000 and $280,000 to 36%
from 33%.
[...]
If Mr. Wurzelbacher earns the wages of a typical Ohio plumber, $40,600, and holds a $90,000 mortgage, he would see a TAX CUT (emphasis added) under Sen. Obama's plan of more than $1,000, compared with no tax reduction under Sen. McCain's.
If he succeeds in buying the plumbing business where he works, he could see even more tax benefits, including Sen. Obama's proposed elimination of capital-gains taxes for small-business investment, a 50% tax credit to purchase health insurance for employees and a $3,000 tax credit for every new hire over the next two years."
Other issues and ‘things we wish were true’ aside, better to acknowledge facts and deal with them objectively.
I agree on one thing Indie….the facts are important.
The facts had no importance to Joe, nor McCain. It was all about some kind of trumped up gotcha video moment to be used against Obama. As if this Joe Sixpack guy had proven Obama's tax plan was really just a trap to get working…Joe's money.
Of course there's no empirical facts in any of Joe's stuff….the GOP cares nothing about facts…it's all about creating their own reality. Plumber, non-Plumber Joe was McCain's fully "created reality".
All about deception through muddying, smearing and reality creation.
Joe the Plumber outwitted The One, just like O'Reilly did on his show.