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Left And Right Politics

…plus the cream in the center.

An Endorsment For Obama And One For McCain

Posted by Joanne On September - 8 - 2008

This is Russell Brand, the host of last nights MTV’s Video Music Awards.

Share your disgust with Viacom, MTV’s parent company.

John McCain also got an endorsment. His came from The New York Post, who earler this year had endorsed Hillary Clinton.

McCain’s lifelong record of service to America, his battle-tested courage, unshakeable devotion to principle and clear grasp of the dangers and opportunities now facing the nation stand in dramatic contrast to the tissue-paper-thin résumé of his Democratic opponent, freshman Sen. Barack Obama.

They list some of their reasons as;

Taxes: McCain knows that when government absorbs ever-larger shares of national income, the economy suffers. High tax rates diminish investment, killing jobs and stunting growth. And while Obama promises tax cuts for “95 percent” of Americans, what he actually is proposing is some $650 billion in tax-credit-driven hikes in entitlement and other spending, to be paid for with heavier imposts across the board, but especially on investment - like a sharply higher capital-gains tax. This is bad news for the millions of ordinary Americans who own stocks, either personally or through pension funds or who plan someday to sell their homes or other real property. McCain, wisely, vows to keep capital-gains taxes at 15 percent and to keep the Bush-era tax cuts in place - understanding that new growth will boost revenue, and promising to make up the rest with spending restraint. And he’s called for a one-year freeze on most discretionary spending and an end to pork-barrel giveaways.

Energy: On the economic issue most vexing Americans today - energy prices - McCain is aggressive He is a strong convert to offshore drilling: “We have trillions of dollars’ worth of oil and gas reserves in the US at a time we are exporting hundreds of billions of dollars a year overseas to buy energy.” He also strongly backs nuclear power - a carbon-free form of energy that America can produce relatively cheaply. Obama, meanwhile, hews to the Democratic Party line on energy: no nukes, no drilling and no comprehension of the consequences of such policies.

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2 Responses

  1. Tim Ramsey Says:

    I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog.

    Tim Ramsey

    Posted on September 8th, 2008 at 4:18 pm

  2. Joanne Says:

    Hi Tim…and thanks!!

    Posted on September 8th, 2008 at 7:40 pm

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