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Friday, October 17, 2008

McCain finds a message, closing with Obama


John McCain has finally found a message most Republicans and Independents can agree with him and support him on.

It's called, class warfare.

And of course, it stems from Obama's talk with Joe the Plumber.

Joe is not the wealthiest guy, but he asked Obama a simple question about Obama's tax policy. Obama responded in (for free-market capitalists) the worst way possible, promising to "Spread the wealth around".

Basically income redistribution. What else could that mean other than taxing the rich, and giving it to the poor. Some people are even saying the "S" word.

Unfortunately for Obama, most Americans like the free market more than Europeans. And people are used to the bad economy, so the shock vote has worn off.

And now Obama is only up by 2...

McCain has found a message, and he needs to use it. While McCain may not be the most free market person, he can still be the more republican, the more pro-free market, and the more low tax person, and that might be enough.

Obama can Keep his Campaign promises, but do we want him to?



Barack Obama has proposed massive spending increases totaling a several hundred billion dollars. He has also promised to cut taxes for 95% of Americans, the amount he is promising to raise taxes by will not come close to funding all his proposals. So... how will he do it?

There is only one way without raising taxes. It's simple, it's proven, it would enable him to get all the money he promised, and it would screw us all over.

The solution?
Print more money.

Printing more money enables Obama to fund all his pet programs, however, it also provides a backdoor tax on the American consumer. This backdoor tax is known as inflation. By printing more money, your dollar is worth less and less. Meaning your income cannot fund as much as it used to.

This backdoor tax would hit everyone, from the richest of the rich, to the poorest of the poor. Even those who don't pay income taxes will see their purchasing power harmed.



In all fairness, McCain has promised spending increases too, but nothing like Obama, and has also promised spending cuts too. Still, it is likely both politicians will end up devaluing the dollar.

Tuesday, October 14, 2008

Last Presidential Debate Wednesday


The last Presidential debate will be held Wednesday. Expect the Economy to take center stage. Here's what the candidates need to do.

John McCain:
He's down, but by no means out. Pay no attention to Obama's lead in the national polls as it really doesn't matter. Obama can win the popular vote by a very wide margin and still lose the election. McCain is down by about 5 points in the battlegrounds, and that is all that matters. He can still do it, but McCain must realize that this is it, his last chance to be on a national stage with this much viewership. Not only in his campaign, but probably his life as well. If McCain is to become President he must, at this debate "Stand up and Fight". If McCain comes out swinging, with some heart and with some basic fiscal conservative principles, then he can win this thing yet.


Barack Obama:
Obama has the lead, his primary concern is not to choke. That said, we still remember the Bradley effect (change in polls v. votes due to race). He only leads by 5% in the battlegrounds, and if the Bradley effect takes place in those regions, Obama can still lose the election. So while he has the inside track by a fair margin, he is by no means across the finish line. Expect the McCain=Bush charge all evening as it's safe and effective.