November 5, 200817 yr Let's start with the bail out. McCain circa '00 never votes for a bill filled with so much pork.The bail out was not popular among conservatives and I believe that the 2000 McCain would have reached across party lines the same as the 2008 McCain did to cut a deal. The bail out had some bipartisan support and is exactly the kind of legislation that earned McCain his reputation while breeding resentment among conservatives. However, in this case there were a few conservatives clamoring for the bail out, so I was not surprised at all that he supported it.
November 5, 200817 yr The bail out was not popular among conservatives and I believe that the 2000 McCain would have reached across party lines the same as the 2008 McCain did to cut a deal. The bail out had some bipartisan support and is exactly the kind of legislation that earned McCain his reputation and resentment among conservatives.I just said he sold out, not to whom he sold out to. I do not believe McCain in 2000 would've helped pass a bill with so much pork.
November 5, 200817 yr I agree with most of what you said, but Bush should be more to blame for his loss. Very true. However, McCain was leading in the polls until the banks crashed. So while many want to blame Bush, ... it was that event which turned this election. Considering how hard Barney Frank fought to preserve Fannie Mae and Freddie Mac, ... he probably deserves some of the credit as well. I think had McCain not signed the bail out bill (which I still strongly object to) he could have used that and still had a shot to win.
November 5, 200817 yr Didn't see the speech last night. Just watched it, and it was class all the way. I have always respected him and probably a little more now.
November 5, 200817 yr McCain was gracious in defeat. It was a great speech and I'm thankful for his service to this country.
November 5, 200817 yr Very true. However, McCain was leading in the polls until the banks crashed. So while many want to blame Bush, ... it was that event which turned this election. Considering how hard Barney Frank fought to preserve Fannie Mae and Freddie Mac, ... he probably deserves some of the credit as well. I think had McCain not signed the bail out bill (which I still strongly object to) he could have used that and still had a shot to win. :thumb: It certainly did not help McCain with how the Republican's have been portayed as the keeper of the house during the second biggest economic breakdown in US history. Unfortunately many diagnosed the problem as a political issue, but that was not completly the case.
November 5, 200817 yr I don't support some of McCain's political views but there's no doubt that he's an amzing man and very classy who carries himself with great dignity and pride. He served our country in time of need and is truly a great American. I just feel our country was in need of a change and McCain didn't offer up the change that this country needs.
November 5, 200817 yr I don't support some of McCain's political views but there's no doubt that he's an amzing man and very classy who carries himself with great dignity and pride. He served our country in time of need and is truly a great American. I just feel our country was in need of a change and McCain didn't offer up the change that this country needs. Finally, I have found someone who can explain why and how the following proposals from Obama are the change the country needs and will help our economy. I asked these questions on 3 different threads and noone could answer me. 1. Increase of capital gains taxes. This will make the markets less liquid, and that will help investments how? 2. Increasing minimum wage by 46% in a 2 year span. This will create more jobs how? 3. Reinstatement of the inheritance (death) tax which would require 43% of any inheritance (valued over $250k) be paid to the federal government. That means if your family farm is valued at $250k, to keep it in the family, you would owe the federal government $107,500 to keep it. 4. Raising taxes on ANYONE will have a positive impact on the economy, how? No country has ever taxed its way to prosperity. 5. Raising taxes on businesses will encourage them to grow how? We already have the 2nd highest business taxes in the world. 6. Support for the elimination of a secret ballot in union elections. If this measure were passed as the unions want, all they have to do is present enough cards to represent a majority of employees and the union is in with no discussion and no actual vote. This will increase some business costs, and as I have personally seen, could cause a few smaller businesses to close their doors. 7. $900 billion in proposed spending for new government programs. Our federal government is way too big as it is and we don't need more, ... we need less. And right now, we cannot afford more government. We have already printed too much money and have devalued the US dollar. 8. Increased cap and credits for new coal fired electric plants which will send electricity costs skyrocketing. I want to see us move in a direction towards less dependence on coal and towards cleaner technologies, but currently working in the industry, I know how hard it already is for some to pay their electric bills. Will we just have to create more federally funded programs to help more people pay their electric bills therefore creating an even larger dependent class? Any help with educating me on these issues would be greatly appreciate. I am not mentioning the social policies such as Freedom of Choice Act and the Fairness Doctrine as those do not directly impact the economy. Thanks in advance! :thumb:
November 5, 200817 yr Although he didn't win the election, John McCain is all class and a great individual. We, as Americans, should be very grateful for his service. :thumb:
November 5, 200817 yr Finally, I have found someone who can explain why and how the following proposals from Obama are the change the country needs and will help our economy. I asked these questions on 3 different threads and noone could answer me. 1. Increase of capital gains taxes. This will make the markets less liquid, and that will help investments how? 2. Increasing minimum wage by 46% in a 2 year span. This will create more jobs how? 3. Reinstatement of the inheritance (death) tax which would require 43% of any inheritance (valued over $250k) be paid to the federal government. That means if your family farm is valued at $250k, to keep it in the family, you would owe the federal government $107,500 to keep it. 4. Raising taxes on ANYONE will have a positive impact on the economy, how? No country has ever taxed its way to prosperity. 5. Raising taxes on businesses will encourage them to grow how? We already have the 2nd highest business taxes in the world. 6. Support for the elimination of a secret ballot in union elections. If this measure were passed as the unions want, all they have to do is present enough cards to represent a majority of employees and the union is in with no discussion and no actual vote. This will increase some business costs, and as I have personally seen, could cause a few smaller businesses to close their doors. 7. $900 billion in proposed spending for new government programs. Our federal government is way too big as it is and we don't need more, ... we need less. And right now, we cannot afford more government. We have already printed too much money and have devalued the US dollar. 8. Increased cap and credits for new coal fired electric plants which will send electricity costs skyrocketing. I want to see us move in a direction towards less dependence on coal and towards cleaner technologies, but currently working in the industry, I know how hard it already is for some to pay their electric bills. Will we just have to create more federally funded programs to help more people pay their electric bills therefore creating an even larger dependent class? Any help with educating me on these issues would be greatly appreciate. I am not mentioning the social policies such as Freedom of Choice Act and the Fairness Doctrine as those do not directly impact the economy. Thanks in advance! :thumb: I think you may need to re look at some of Obama's plans. Obama has offered a detailed plan to get America’s economy back on track, by creating new jobs and easing the burden on hardworking Americans by offering middle-class tax cuts three times the size of McCain’s. In all honesty the middle class is the key to this country as they out number both the upper and lower class. By ignoring them, which McCain would have chose to do, our country could end up adding $3.4 trillion to the national debt. Raising taxes on businesses? Didn't Obama say he will eliminate all capital gains taxes on startup and small businesses to encourage innovation and job creation? Obama did propose $900 billion on new government programs. What you failed to mention was one of those programs is the "No Child Left Behind Act" where Obama plans to invest a substantial amount of money in to education nationwide for younger kids so that they receive the best possible education. Also failed to mention that a lot of that money will be used toward kids being able to go to college in exchange for community service. Sure he proposed a lot of money but how are these programs not helping the economy and country when the majority of it is going to innovation, creating new jobs, and helping the younger population further the education. We have to remember that they are the future of this country...not us. McCain's plan focused more on the how he could benefit the upper class whereas Obama is focused on helping the middle and lower classes. Didn't a certain president by the last name of Clinton do the same which led our economy and country to prosper for 8 years?? Edited November 5, 200817 yr by Eta Rho
November 5, 200817 yr Just watched the speech and I am so impressed and proud of the man I voted for. I am excited for Obama for a multitude of reasons, and he is my new President so I am going to support him through and through. But I will never regret standing behind Mccain.
November 5, 200817 yr Although he didn't win the election, John McCain is all class and a great individual. We, as Americans, should be very grateful for his service. :thumb: I didn't vote for him but I agree. I thank him for his service.
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