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Wednesday, August 20, 2008

Obama ad: McCain would help corporations - Yahoo! News

Like a good little liberal, Obama is foisting the same-old on voters. This time, it says that the big, bad McCain is supporting Corporations! The gall!

Well, I hope someone is. The US government says this about Corporations:

"Large businesses are important to the overall economy because they tend to have more financial resources than small firms to conduct research and develop new goods. And they generally offer more varied job opportunities and greater job stability, higher wages, and better health and retirement benefits."

Anyone who's worked for small business knows that, while they can be flexible and more personal, they don't offer nearly the same security nor wages as working for one of the big companies. And a lot of people - like, millions in the US, find employment here.

The problems with Obama's policies are that,

1. Every time a tax is levied on a corporation, it makes it that much harder for the people employed in that company to get ahead. Corporations are required to answer to shareholders about profit and loss, and the higher the taxes, the harder it is to achieve a profit.
2. Obama seems to think that Corporations are like the government - that they can print money, or just wave their hand (like through a new tax act), and get ready cash. It ain't so. Businesses, large and small, have finite pots of money with which to work, and that's that.
3. Following Obama's ideas on dealing with corporations will again, as all Democrats seem to do, put corporations behind the eight-ball. Other countries (our most aggressive trade competitors such as Japan and China, for example) don't tax corporations, but support them with subsidies. In the US, we don't give subsidies, but rather remove the tax load through things like what McCain wants to do.

Hard to believe from someone with Obama's education and background, but he's just plain wrong, wrong wrong.

On the other hand, perhaps Obama is right - not about taxes, but that saying these things will get him elected. Americans seem to not understand this either, so maybe he's just preaching to the audience.

In 1952 and 1956, Adlai Stevenson ran for president under the Democratic ticket. Stevenson was known for being a deep-thinking intellectual, and could always give well thought-out and deeply logical explanations for his ideas. One voter came to him and said, "Every intelligent American should vote for you," to which he replied, "Yes, but I need a majority to win."


Obama ad: McCain would help corporations - Yahoo! News:
"SCRIPT: Announcer: 'Can we really afford more of the same? John McCain's tax plan: For big corporations — $200 billion in new tax breaks. Oil companies — $4 billion. Companies shipping jobs overseas — keep their tax giveaways while 100 million Americans get no tax relief at all. For the change we need, Barack Obama. A plan that cuts taxes for middle-class families three times as much as John McCain would. Barack Obama. President.'

Obama: 'I'm Barack Obama and I approve this message.'

KEY IMAGES: A man in his 60s looks gravely at the camera. Clips of McCain at a podium followed by a generic corporate board meeting, image of gas prices rising and an abandoned factory. A man in his 30s looks into the camera. A clip of McCain followed by film of Obama with a factory worker.

ANALYSIS: By airing in eight battleground states, this ad broadens Obama's anti-McCain message and puts both presidential candidates in an all-out slugfest of critical ads. While Obama is running a positive message about himself during national broadcasts of the Olympics, he's hammering McCain with economy-centered ads in states that could determine the election in November. The ads suggest that the campaign is seeking to re-establish Obama as a voice for working people after setting domestic issues aside during his wid"

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