novatownhall blog

Where you are held accountable for your convictions and record

Browsing Posts published in October, 2008

A staple of the Obama economic plan has been increased taxes on the “rich”, or those earning $250K or more, and providing tax cuts to 95% of Americans workers.

Joe Biden then told us “rich” was those making more than $150K a year :

Former Democratic presidential candidate Bill Richardson recently gave us yet another perspective on Obama’s “spread the wealth” plan :

The bar is getting awfully low on the definition of “rich” under Obama’s economic plan. As each day goes by, more and more hardworking middle class Americans are being told by Obama and his party that they too have silver spoons in their mouths. That they too are among America’s rich, and will pay more taxes.

I don’t believe this is the change that they need.

The Obama/Biden ticket has been relentless with their criticism of John McCain and his association with former lobbyists. They might wish to rethink some of this rhetoric :

WASHINGTON — As Democratic presidential nominee Sen. Barack Obama targets his Republican rival Sen. John McCain for hiring former lobbyists to work on his campaign, a key member of Obama’s campaign is paying a Washington lobbyist for legal advice: his running mate, Sen. Joe Biden.

Lobbyist William Oldaker continues to represent the Delaware Democrat in his simultaneous bid for Senate re-election, serving as legal counsel just as he has for Biden’s campaigns for the past 25 years.

Read Story At Delaware Online

The Center for Public Integrity has referred to Oldaker as “a rainmaker” for his ability to represent his clients with Congressional lawmakers. Oldaker’s client list includes the tobacco, oil, and pharmaceutical industries, as well as Native American gambling interests.

Some pretty big guns working on Biden’s Senate re-election campaign. Guess Joe doesn’t share the same level of certainty as some posters here toward the upcoming election.

Biden waging stealth re-election campaign

After failing to discredit Joe the Plumber in the media, another icon emerges. This time in support of the Obama/Biden ticket, Abu The Terrorist :

Report: Al Qaeda Web Video Calls for ‘Humiliation’ of GOP, Bush

An Internet video posting of an Al Qaeda leader shows the commander calling for President Bush and the Republicans to be “humiliated,” Reuters reports.

“O God, humiliate Bush and his party, O Lord of the Worlds, degrade and defy him,” Abu Yahya al-Libi said at the end of a sermon.

The remarks from the commander, believed to be living in Afghanistan or Pakistan, are the first from a top Al Qaeda leader referring to the U.S. presidential election.

Read Story at FOXNews

Thanks for yet one more reminder why we need John McCain.

Obama reached across the political divide today, and slapped those who have the temerity to oppose him in the mouth. The reporters from three papers, The Dallas Morning News, NY Post and the Washington Times were thrown off the plane. Granted, this was not done at cruising altitude, but it is still disturbing. Will newspapermen from publication that don’t kow-tow to the Obama party line be dismissed from the White house newsroom?

This is just the latest in what is a becoming trend in the Obama campaign, stepping on the first amendment. It appears Obama does not think much of our constitution. It is fundementally flawed. We need a new bill of rights. Ones that do not limit the power of governent, but instead will guarantee jobs, homes and health care. The only trouble with this is one cannot simply legislate prosperity. Its been tried before. It has failed before.

In order for this much sought after Utopia to be brought about Obama is going to more than likely have to silence the opposition. It appears he is all too comfortable with such tactics.

UPDATE

For once I am in agreement with zimzo.  To wit:

It appears that McCain also tossed someone off his plane.  Joe Klein is persona non grata on the McCain plane according to The Politico.  While this is not a wholesale purge of left wing journalists I am still against it because for the 1st amendment to mean something journalists need access to politicians.  As I pointed out in a comment below unless the journalist is disruptive denying except to those who are friendly to you is a corruption of the intent of the first amendment.

Under Obama there will be a tax hike. Obama claims he will only tax the rich. First the rich are those making above $250K/year. Then it went down to $200K/year. Biden then got out in front of Obama and said $150K/year. A real go-getter that Biden.

Let us step back and assume that the Bush tax cuts which currently preclude those making $42k/year from paying income tax will somehow survive. Lets assume that the tax the wealthy, really only hits the wealthy. What will the result be? The rich will remain rich, they just will spend less. When the rich spend less the result is? Ask all them fellows in the boat building industry how that luxury tax worked out back in the 90′s.

Let us now examine taxes on the risk takers known as ‘capital gains taxes.’ The end result is what? Less capital formation in the country, and a flight of funds off shore. The end result is slower job growth and a slower rate of growth in investment in start-ups. How does this help the middle class?

The corporate tax rate will be raised. What will the result be? The following is an excellent illustration of what will happen.

gamble_t20081024-taxes.jpg

Thats’ right, the price of goods will go up.  This will help the middle class consumer how? So, is this the way you want to make history? Increasing corporate taxes increases the prices of goods and services. Nothing more. It is a regressive tax to boot, because the corporations do NOT pay it, it is the people who buy the good or services from said corporation that pay the tax.

Another side effect of confiscatory tax policies is that while corporations pass on the tax burden to the consumer whenever possible, they do have to still contend with foreign competition. This inhibits the local price from being totally elastic with respect to taxes. In order to maintain profitability in the short term, the corporations will cut R&D, capital investment, etc. This punishment of the profit motive in short will cause a slow down in the rate of product improvement and job creation. Is this what you want to vote for, because that IS what spread the wealth will do.

If Obama is ahead some 8-12 points in the polls, why is he asking people to take a day off to come work for his campaign? Granted it is a great idea, (talk about boots on the ground) wish McLame would do the same. But, if Obama is cruising comfortably, why put out the call to arms?

UPDATE

Interesting responses, everything from ‘why not?‘, to ‘getting a new federal holiday‘ to the ‘polls are biased to suppress Republican turnout‘.   Most of the polls are poorly done, Gallup is one of the better ones, has shown the race to be ~4-7 point lead for Obama the past month — is now a 2 point spread.  IBD, shows a three point Obama lead, but critically 12% are still undecided.  Which is unheard of this late in a presidential race.  I think it is the undecided that are causing the call to arms more than anything else.  I see it as ‘advantage Obama’, I also see a nervous Democrat camp due to the undecideds.  Any disagree with that hypothesis?

Our good friend and fellow blogger jack mentions voting fraud in Madison County, Miss., but AP is reporting that the problem is more widespread :

AP: Mississippi Has More Voters than Adults

Monday, October 27, 2008 7:01 PM

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JACKSON, Miss. — More than a third of Mississippi counties have more registered voters than residents old enough to cast a ballot, according to an Associated Press analysis.

In addition to providing ammunition for people who say the voting system is vulnerable to fraud, the flabby voting rolls may make it difficult to accurately determine turnout for the Nov. 4 presidential election.

“There is no reason in the world why some of these counties should have more registered voters than they have living, breathing people,” Mississippi Senate Elections Committee Chairman Terry Burton said.
Read Full Story

Question for the left, if your candidate is so damned qualified, why do you find it necessary to resort to election fraud ?

Because you know deep down your guy is a zero ?