OBAMA VERSUS MCCAIN: ARGUMENTS FOR WHO IS BETTER FOR MOST AMERICANS

McCain does have it right on a lot of his economic philosophy--getting government out of the way and allowing Americans to prosper as Americans know how to do better than just about anybody. . . .

For long term prosperity, the free market must be allowed sufficient freedom to get it done and McCain is far more likely to understand that.

In Debate II, John McCain twice laid out the criteria for how the American people should judge the candidates: In tough times, we need someone with a steady hand on the tiller. By that measure, Obama was the clear winner. He was centered where McCain was scattered. Forceful where McCain was forced. Presidential where McCain was petulant. In the first debate, McCain wouldn't look at Obama. In this one, he referred to him as "that one." The contempt was palpable, and unpalatable. At the end of the debate, Brokaw asked McCain to get out of the way of his Teleprompter. He might as well have been speaking on behalf of the future: Senator McCain can you please get out of the way so we can get on with it?

Peter Orszag is no conservative ideologue. The head of the Congressional Budget Office(CBO) was a scholar at the liberal Brookings Institution before being picked for his current position by Nancy Pelosi and Harry Reid. Yet Mr. Orszag recently warned that the rising cost of federal entitlement programs, particularly Medicare, Medicaid,, and Social Security, poses a grave threat to America’s economic future.

According to Mr. Orszag, without dramatic reform, the cost of those three programs alone will rise from 18 percent of GDP today to 28 percent by the middle of the century and as much as 35 percent soon thereafter. That means that just three federal government programs will be consuming between a quarter and a third of everything the country produces. Paying for those programs would require raising both the corporate tax rate and top income tax rate from their current 35 percent to 88 percent, the current 25 percent tax rate for middle income workers to 63 percent, and the 10 percent tax bracket for low-income workers to 25 percent. The impact on workers, businesses and the economy at large would be catastrophic.

If McCain wins the election, the stock market will rapidly recover, and retirement plans will be rescued.

Democrat Jimmy Carter 1977-1981
Republican Ronald Reagan 1981- 1989
Republican George Bush Sr. 1989-1993
Democrat William Clinton 1993-2001
Republican George Bush Jr. 2001-2009

The above underlined are responsible for the Fanny&Freddie debacle and its damaging consequences to our economy.

We know that Bush tried more than once to prevent the Fanny&Freddie mess from getting worse, but Congressional Democrats obstructed his efforts.

The "fast-buck artists" you mentioned are all, each and every one, Democrats.

How can you question my obviously true statements and expect to be taken seriously? The stock market is crashing out of fear of the consequences of Obama becoming president. Obama has by his advocacy of increasing taxes on employers, increasing federal entitlements, limiting oil drilling, leaving Iraq to again become a home for al-Qaeda and other terrorists, transfering taxes collected from those who pay taxes to those who do not pay taxes, identified himself as one whose objective is to replace private enterprise with government enterprise. Of course investors are scared as hell of what the man will do if elected president.

Geez, Cycloptichorn, I haven't lost it. But you never lost it, because you never found it, boy.

Ican. The market is not seizing up due to fears of a Dem administration. There is a credit crisis which has lead to an inability for banks to engage in their normal business. It has nothing to do with the election at all.

Cycloptichorn wrote:

Ican. The market is not seizing up due to fears of a Dem administration. There is a credit crisis which has lead to an inability for banks to engage in their normal business. It has nothing to do with the election at all.

Congress has taken many drastic actions to ease the credit crisis. Most of these have to do with giving or lending money to credit institutions. The adoption of these federal credit programs has not stemmed the collapse of the stock market.

Obviously

Hold on there, sonny! What you think and/or claim is not obvious, is not necessarily not obvious.