LIVING POLITICS

Howard Fineman

Demur, Dodge, Punt

It seems un-American, and politically suicidal, to suggest some belt-tightening—let alone new taxes.

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  • Posted By: Nins @ 10/30/2008 2:53:59 PM

    Honestly, looking at McCain and Obama objectively (without any party affiliation or any racism) I really can't see why anybody would vote for McCain. Obama has offered a much more coherent plan to get America out of the economic disaster we are in.

    Right now, most people are anxious about the economy, fearing the worst but hoping for the best.

    Reality check: within 18 months YOU could be standing in a bread line. That's how bad it really is. And Obama will work actively to prevent this short term, as well as make us strong again long term. As much as I like McCain and admire his patriotism, he really is not up for the job, not now with the global markets falling apart.


    Obama's economic plan can be found at:

    http://www.barackobama.com/issues/economy/index.php

  • Posted By: Nins @ 10/30/2008 2:53:39 PM

    Taxation is and always has been a redistribution of wealth. Once you recognize that point, the question is, how are we going to spend the money we raise in taxes?

    For the past 8 years, our tax dollars have gone to killing civilians in Iraq and giving big payoffs to Halliburton (co-incidentally owned by the Cheney family). And since there wasn't enough in the Treasury to do this in style, we borrowed money from communist China and ran up the national debt to pay for it. Then, once the fallout from the Republican deregulation of corporations kicked in and the market started collapsing, the tax dollars are also being stretched to bail out the Wall Street fat cats.

    Like 80% of Americans, I am sick of this particular redistribution plan.

    Obama's plan reduces taxes on 95% of Americans. The other 5% of us (who make over $250,000 a year) can afford to pay an extra 3%. That extra 3% comes out to only $300 for every $10,000 they make above $250,000. If you make over $250,000 a year, $300 probably doesn't mean much to you. The other source of increased revenue will be making corporations that ship jobs overseas pay a higher share of tax. Right now, these corporations pay a lower share than companies that keep their employees in the USA. No more incentives to hurt America. We all can agree with that.

    Obama promises to go through the Federal budget line by line and cut all the wasteful spending. He promises to have transparency, a website where you can go and actually see the real Federal budget, not the made for TV version you can access under Bush.

    Furthermore, Obama's economic plans will lead to a strong economy, an educated workforce, more American based jobs, affordable health care, and freedom from foreign oil. We will regain our position as a world leader, a nation that spreads democracy not with guns and threats, but with prosperity and diplomacy.

    How do I know this? I read Obama's Blueprint for Change. And I compared it to what McCain had to offer (more tax cuts for corporations and the wealthy, more wars, a really inadequate health plan, and the stated intention of overturning Roe v. Wade). You really should visit the websites of both candidates and read their platforms.

    http://www.barackobama.com/issues/

    http://www.youtube.com/watch?v=5d4a6RNhCUo

    http://www.johnmccain.com/Issues/jobsforamerica/

  • Posted By: Concerned Canadian @ 10/29/2008 3:23:12 PM

    Now Barack Hussein Obama is a close friend of and praises a PLO supporter in Rashid Khalid
    and the LA Times has the video tape proof.

    Obama makes Bill Belichek look like an angel with all these disturbing videos floating around of
    Obama's radical associations.

    It???s pretty easy for Obama or anyone else to attack George Bush on his economic policies but Obama can't attack George Bush on his record on fighting terrorists to protect America while he
    is busy wining and dining with terrorists !!

    Barack Hussein Obama should be tried for treason and being a threat to US national security.

    Barack says he has the right to distribute your money the way he sees fit. That???s dictatorship.

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