McSame's Weak-Dollar Lies

By: The Grey Havens
Published On: 7/7/2008 9:46:10 PM

Doesn't everyone know that McSame doesn't know a red damn about economics?

He's said so himself on numerous occasions, but then he goes back and denies it.  That McSame lies about his previous statements is well-documented and goes to both judgment and character.  It points to the easily attributable fact that he will continually lie about Obama's economic plan right up until the day that he loses to Obama in this fall's general election.

Today McSame gave a speech in which he said:

"We need to keep the IRS from taking more of your income and making life harder for small business. If you believe you should pay more taxes, I am the wrong candidate for you. Senator Obama is your man. The choice in this election is stark and simple. Senator Obama will raise your taxes. I won't. I will cut them where I can. Jobs are the most important thing our economy creates. When you raise taxes in a bad economy you eliminate jobs. I'm not going to let that happen. Senator Obama's tax increases will hurt the economy even more, and destroy jobs across this country." [McCain Speech,
7/7/08]

As Colonel Henry Potter would say on M.A.S.H. - HORSEHOCKEY!

Here's the fact:

Washington Post Fact Checker: McCain Campaign Attacks on Obama Tax Plan "Overblown," "Wrong," and "Greatly Exaggerated." "The McCain camp is attempting to persuade Americans that their taxes will increase dramatically with Barack Obama as president. The presumptive Republican nominee has repeatedly said that Obama would enact 'the largest tax increase since the Second World War.' A surrogate, former Hewlett-Packard CEO Carly Fiorina, insists that Obama has not proposed 'a single tax cut' and wants to 'raise every tax in the book.'  ...  The claim that Obama will 'enact' the largest tax increase since World War II is also overblown. The Bush tax cuts will expire automatically at the end of 2010, so it is hardly a question of 'enacting' a new tax increase.  ... Carly Fiorina is wrong to claim that Obama has proposed no tax cuts and wants to raise 'every tax in the book.'" [Washington Post, 6/11/08}

This is the same kind of big-lie scare tactic that has fueled conservatism and the Bush administration for the last 8 years.  Nobody wants to pay taxes.  The truth is that tax cuts don't pay for themselves, Bush's own Treasure Secretary Paulson said so specifically.  The Bush Administration has spent America into the largest debt in the history of the world, and John McSame is begging for the American people to give him permission to continue the economic disaster.  It's immoral that McSame and Bush have taken a $5 Trillion surplus and turned it into a $4 trillion Deficit, saddling our children with a collapsed economy, endless debt and a weakened dollar.  

Riddle me this... How much of the skyrocketing gas price is a direct result to a fall in the value of the dollar?  A lot:

Some analysts believe that as much as $25 of the June, 2008 prices around $140 are due to dollar devaluation.

The American people have needs.  We need schools and roads and a courts and police.  We need clean water and natural lands, and healthcare.  We need a powerful diplomatic corps and military to keep us safe.

These Bush economic fallacies that McSame is pandering and peddling ignore the fact that the tax breaks these aristocrats have given to other aristocrats are bankrupting the government and weakening the dollar.  The tax break that Obama will bring to the middle class is far greater than anything McSame has proposed, but he can't let America know that, otherwise he'll lose.  Americans are not buying McSame's idiocy.

Returning taxes to the levels they were at during the Clinton Administration won't hurt the rich, and doing so is the only way America will get its financial house in order.  McSame wants four more years to let the rich get richer and the nation slip into financial ruin.  The only way he can get permission to do it, is to lie to America.

HORSEHOCKEY!


Comments



Kenton on Virgil "Box o' Rocks" (Lowell - 7/7/2008 10:21:59 PM)


This guy can't possibly be a major party's (Lowell - 7/7/2008 10:47:45 PM)
nominee. Forget about policy, just look at him and listen to him. Absolutely awful, worst public speaker for President or Vice President since...who, James Stockdale?



The Key to McCain's Weird Economics? (Bubby - 7/8/2008 1:45:54 PM)
Are Phil and Wendy Gramm.  Their anti-tax, deregulatory hoo-haw, legislative and regulatory shenanigans extend back 30 years in the Federal government. And now they craft the McCain economic policy.  Seriously corrupt/incompetent economists.

More here:
http://www.raisingkaine.com/sh...