When Bush got in, all the neocons came out of the closet, but if Barack Obama wins, their divisive strategies will be challenged. The White House will no longer welcome or be a home to born-again bigots, torture apologists, habeas corpus revokers and the rest of the industriofascist entourage. I also expect that censored truth commissions, muzzled scientists, harassed librarians, bought appointees and coerced generals will cease to be an issue under Obama's leadership. As he extricates us from Iraq, perhaps he could deliver us and the Iraqis from the Shock and Awe strategists, Blackwater barbarians and Halliburton robber barons.
Nonsense in Nashville
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As we mentioned in our analysis of the first debate, there is more to the story. McCain certainly did lead a fight to kill the contract, and the effort ended in prison sentences for defense contractors. The contract is still up in the air, however, and questions have been raised about the role McCain played in helping a Boeing rival secure the new contract.
After the original Boeing contract to supply refueling airliners was nixed in 2003, the bidding process was reopened. And in early 2007, Boeing rival EADS/Airbus won the bid the second time around. But Boeing filed a protest about the way the bids were processed, and the Government Accountability Office released a report that found "significant errors" with the bid process.
Further, the New York Times reported that "McCain's top advisers, including a cochairman of his presidential campaign, were lobbyists for EADS. And Mr. McCain had written to the Defense Department, urging it to ignore a trade dispute between the United States and Europe over whether Airbus received improper subsidies."
68 Million Acres
Obama was off the mark when he said that oil companies "currently have 68 million acres that they're not using."
As we've pointed out previously, those 68 million leased acres are not producing oil, but they are not necessarily untouched. In fact, in 2006, the last year for which figures are available, there were a total of more than 15,000 holes that were being proposed, started or finished, according to the Bureau of Land Management. These acres of land that these holes sit on are not counted as being "producing," but they are certainly far from untouched.
The Return of the Oil Slick
McCain recycled a misleading claim from Sen. Hillary Clinton's primary campaign,
charging Obama with voting to give "billions" to oil companies:
McCain: By the way, my friends, I know you grow a little weary with this back-and-forth. It was an energy bill on the floor of the Senate loaded down with goodies, billions for the oil companies, and it was sponsored by Bush and Cheney. You know who voted for it? You might never know. That one. You know who voted against it? Me.
McCain is referring to the Energy Policy Act of 2005, which Obama did in fact vote for. Clinton raised this same charge against Obama during the Democratic primaries. It was misleading then and it's equally misleading now.
In fact, according to a Congressional Research Service report, more tax breaks were taken away from oil companies than were given. Overall, the act resulted in a small net tax increase on the oil industry:
Congressional Research Service: The Energy Policy Act of 2005 (EPACT05, P.L. 109-58) included several oil and gas tax incentives, providing about $2.6 billion of tax cuts for the oil and gas industry. In addition, EPACT05 provided for $2.9 billion of tax increases on the oil and gas industry, for a net tax increase on the industry of nearly $300 million over 11 years.
As we said last year, the bill did contain $14.3 billion in tax breaks, but most of those went to electric utilities, and nuclear, and also to alternative fuels research
and subsidies for energy-efficient cars, homes and buildings – not to the oil industry.
Computer Error
Obama moved the invention of the computer up by more than a century:
Discuss