Obama and McCain attack ads
Obama and McCain final attack ads
With 5 days to go, here is some of the attack ads from both campaigns heading into voting day.
-Darryl
Barack Obama:
John McCain
Wednesday, October 29, 2008
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2 comments:
I don't now how anyone can support Obama knowing what socialism has done to any country that has tried it.
http://online.wsj.com/article/SB122420205889842989.html?mod=rss_opinion_main
Plus the Fairness Doctrine will probably make a comeback as well.
That is an important article and well worth the read. Democrats will have a super majority in the White House, Senate and Congress and there will be some negative implications on that.
On the issue of taxes let me say this. Republicans are quick to say Obama will raise taxes to pay for spending. Obama doesn't say that, but it is assumed given the fact he hasn't clearly stated how he will pay for some of his increased spending promises.
If you increase spending, you really have two choices. Raise taxes or run a deficit.
America is already deep in deficit and neither candidate has a plan to balance the books after George W. Bush and his administration's reckless economic management. The stimulus package, 700 billion dollar bail out package, Iraq war, military spending and other domestic spending has basically been funded on debt to future generations, debt to other nations like China or otherwise basically printing money. Bush has presided over the largest expansion of government in the history of the United States.
It is only a matter of time before inflation and devaluation of the currency takes place. Combine that issue with the housing crisis, rising unemployment, a volatile stock market, the highest corporate taxes in the developing world, insecurity in the banking sector causing a credit crunch and high credit card, other personal debt and low savings rates among the falling middle class; and I think you have a recipe for something far more serious than what is being reported now. I think those issues are the most pressing threats to the state of the US economy, not Obama's pledge to replace the Bush tax cuts (that McCain also once opposed on the grounds they only benefit the wealthy) with his own middle class tax relief plan. We cannot run our households the way America is running its budgets. With the exception of Ron Paul, no candidate Republican or Democrat has really demonstrated an understanding of the root economic problems America is currently facing. We are looking for a quick fix and a person to blame for this mess.
Personally I do not think either candidate will raise taxes at the end of the day. The question is which one will run the biggest deficit and the jury is out on that one. Obama wants Canadian health care and likely bigger government. McCain wants to stay in Iraq 100 years and would likely have to fund other wars such as Iran based on his foreign policy statements.
Neither candidate has proposed any spending cuts domestically or abroad that will have any serious impact on the current financial situation.
On Conservative, small government and free market principles; this is really a gamble on who will spend America into a bankrupt nation the slowest.
I don't see a real economic Conservative on either ticket.
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