Friday, October 24, 2008

Barack

I'm sorry... I cannot do it. I just can't.

I will not be able to vote for Obama / Liden. As my sister points out in her blog, it is just too easy to read it "Osama Bin Laden".

Despite the fact that I usually consider myself way more conservative than liberal (and Obama is absolutely liberal), I want to like Obama. I really do. I checked out his book on CD version of "Change We Can Believe In" and listened to it.

How can you not like someone who WILL:

click to show list

And actually much much more wonderful absolutely noble home-of-the-free land-of-the-brave corp-to-the-spirit-of America action items. If this man can do this all in 4 years, he is super man. Better elect him for at least 2 terms. It is no wonder the people who love Barrack REALLY REALLY love him.

Of course what struck me as I listened to all this is how the hell are we going to pay for this? Well, don't you worry. I don't expect you to remember the whole list, but one of his items is "Pay for All Proposals and Cut the Deficit". I am sure if he did not have a way to pay for all this expensive stuff he would not claim to be able to cut the deficit. He even gives details: "Cut Spending and Reduce Government Waste". Based on the list, I am not sure how it is at all possible that spending is going down. There is a lot of government waste, so I am sure he is fine there. And, of course, as President he has complete control to eliminate wasteful spending. I'm sure as a Senator, he was never took part in Governmental waste himself. Boy, it is too bad George Bush never thought to reduce waste. Barrack better hope McCain does not get hold of his book and figure out that maybe he too could reduce waste.

By the way, I am being sarcastic. Yes there is a bunch of governmental waste, but 90% of the items on the list are adding more (much much) more to the government than is already there. The more you add, I personally think the more waste you are going to add on. So, I do not think paying for all his programs with the money we are saving from "waste" is going to happen.

Luckily, he provides a couple more ways to pay for all this:

"Eliminate Special Tax Breaks for Corporations" and "Make Oil Companies Share in the Sacrifice".

Well, not to sound too Republican, but Corporations provide jobs. A lot of corporations are already cutting head count because they are need to cut spending to stay in business. By getting rid of tax breaks, many corporations will have to cut more jobs and therefore lower governmental revenue potential at the same time you are putting additional burden on Mr. Obama's unemployment system.

Even so, let's assume no jobs will be lost because tax breaks are gone for corporations. Cutting governmental waste and adding in what you can get back from corporations is not going to pay for everything. Did you see the list? I am sure big oil has tons of money to help out, but you know every penny big oil is able to pass along to consumers, it will. I guess I am all for oil companies helping out, but I do not see a lot of potential there either.

The other way Obama proposed to help pay for his extra governmental programs is something he says a lot in the book. People (families) earning more than $250,000 a year will be taxed more. Well, actually, he never really comes out and says that people earning over $250,000 will be taxed more. What he says is no one making under $250,000 per year will be taxed more. To me, it is pretty obvious that he is expecting to tax the HELL out of the "wealthy". Personally, my family income is not quite at that level. One thing I wonder though, is if there is not enough to be made increasing taxes on those over $250,000, how far down will he end up having to try to go? If those who make all that much money can give away so much, what about people like me who have never made a huge salary, but saved responsibly and accumulated wealth by foregoing expensive toys and vacations etc... I probably have more in savings than lots of those who make tons every year but spend it away on their expensive cars and stuff. Why not tax me more?

Again, at the risk of sounding too Republican, I am afraid singling out "wealthy" people as somehow not participating enough up until now and therefore due to pay more than their share is a dangerous concept.

By the way, I was kidding about the "Osama Bin Laden" thing, but honestly, didn't he have some sort of advisor who at least brought up the question: "Hey Barrack, do you think Obama / Liden is really what you want on campaign buttons?"

And, I am not saying that I am not voting for Barrack Obama. Truth be told, I have not decided, because there are things I hate about McCain as well. I looked at all the main independent choices today and was not all that impressed with any of them either. Let's face it, I just hate all politicians.

The beauty of this country (one one of the many beauties) , of course, is at least we have a choice. And it is probably a better choice than most countries have. Neither candidate will destroy the country. Whoever gets this presidency will probably get credit for the economic recovery that will most - likely start to happen. That is how things go: the economy goes bad, it gets better. The economy booms and then busts and then recovers.

My opinion is that Barrack Obama will just bury McCain in the election and become the next president of our country. He has a bunch of great things on his list. There is no way he is going to be able to accomplish everything on the list. I just hope he along with his advisers and other leaders he chooses the right ones to implement.

And I will say this for Obama, at least he took the time to write a book like this. I wish I could find one by McCain. Maybe I just missed it.

1 comment:

  1. Corporations do not pay taxes, either they raise their prices or they reduce dividends or reduce costs (fire people). I am much more conservative than my son & will NOT vote for the socialist!
    DAD

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