- The Iraq War was Bush's fault - This was pure fiction because every intelligence agency in the world came to the same conclusion as Bush did. I know because I had been on the list to receive intelligence reports from the Intelligence Oversight Committee so I was able to review the reports that were delivered to Congress (most of the info was not classified). Beyond this Bush was incredibly stupid in waiting almost a full year to build up forces on the Iraq border which gave Saddam Houssein more than enough time to move or bury any weapons he had. Yet we are supposed to believe that Senator Obama had some 6th sense that directed him to vote against the war. I am not that stupid but he thinks that you are. Is he right?
- $18 billion in earmarks is not as bad as $300 billion in tax breaks for business - Fantasy of the highest magnitude because earmarks are a net loss for the economy but when you give business tax breaks they are then able to take the money they saved from the tax breaks and expand their business and hire additional employees which in turn increases the tax base and therefore adds revenue to the economy via the wages paid by the company. Increasing the tax base also reduces the unemployment numbers which is also good for the economy.
- I promise to give tax rebates to 95% of Americans - This is a fact but it is nothing more than redistribution of wealth. Let's take a deeper look into this statement in order to see what he is really talking about. If you make less than $40K a year then you pay little or no taxes and if you are unemployed then you pay NO taxes at all. Around 50% of the people in that 95% number pay no taxes at all and there are also a number of these people who are illegals and are using stolen Social Security Numbers so what is really going on here is that Senator Obama wants to take money out of the pockets of working people and give it in the form of a treasury check to those that don't work or pay taxes. This is socialism ... do you really want to live in a socialist society where you have no control over your own life?
- Due to the current financial crisis what part of your budget to you plan to cut from your administration if you become president? Obama made no commitments to cut anything but insisted on having additional spending. McCain cited several programs that could be cut or eliminated because they were pure pork anyway.
- How did the country get to this point? Neither candidate was really willing to identify the real cause but only repeated the symptoms. The problem stems from legislation passed by the Democrat Congress way back during the Carter administration that actually set the table for Fannie Mae and Freddie Mac. Then the subsequent Congresses and Presidents compounded the problem by allowing the lobbyists from those entities to buy them off via campaign contributions and perks. There actually were a few Presidents that tried to reign in spending but the Congresses in power were always able to circumvent them. That was the root cause, so if we were to repeal that initial legislation then the conditions that allowed this to happen would be effectively eliminated.
The most curious thing here is that when you cut through all of the rhetoric you find that the people who are saying they are going to vote for Barack Obama have no clue what his programs are or what he has done in the past, what they do know is that he has promised them free money and that is why they like him. The reality is that the President does not have the power to give away money, only the Congress has that authority. With the state of the economy there is ZERO chance that the great federal money giveaway that Obama has promised will ever happen. In fact, in his whole career Barack Obama does not have a record of helping anyone in the middle class. Onced again we see what the me first generation has brought us.
No comments:
Post a Comment