Comments on: Campaign Roundup http://online.worldmag.com/2008/05/03/campaign-roundup-5/ A forum for discussion of news that arises at the intersection of Christianity and culture. Sat, 21 Nov 2009 14:14:29 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: hrw http://online.worldmag.com/2008/05/03/campaign-roundup-5/comment-page-1/#comment-298597 hrw Sun, 04 May 2008 22:28:14 +0000 http://www.worldontheweb.com/2008/05/03/campaign-roundup-5/#comment-298597 America's economy based on cheap credit and consumption is finally hitting the credit wall which every household hits when spending is larger than income. Congress and the president reacted by borrowing money to send to people to spend even more, they then borrowed even more money to spend halfway around the world on an expenditure that is designed to explode in one way or an other. Borrowing and deficit spending are acceptable means of priming the pump out of a recession only if your deficit to GDP ratio is reasonable and your spending is for infrastructure purposes (much like mortgages are acceptable). However, lump sum cheques and tax holidays are not solutions nor reasonable spending. No country can maintain itself economically when spending more on its military than the rest of the world combined, and more than it spends on infrastructure. Since military expenditures are not designed to last, they are not rational economic spending decisions. Similarly, tax cuts aimed only to increase individual incomes and discretionary spending are an inefficient means of directing economic activity. America’s economy based on cheap credit and consumption is finally hitting the credit wall which every household hits when spending is larger than income. Congress and the president reacted by borrowing money to send to people to spend even more, they then borrowed even more money to spend halfway around the world on an expenditure that is designed to explode in one way or an other.

Borrowing and deficit spending are acceptable means of priming the pump out of a recession only if your deficit to GDP ratio is reasonable and your spending is for infrastructure purposes (much like mortgages are acceptable). However, lump sum cheques and tax holidays are not solutions nor reasonable spending.

No country can maintain itself economically when spending more on its military than the rest of the world combined, and more than it spends on infrastructure. Since military expenditures are not designed to last, they are not rational economic spending decisions. Similarly, tax cuts aimed only to increase individual incomes and discretionary spending are an inefficient means of directing economic activity.

Report comment to moderator

]]> By: NJLawyer http://online.worldmag.com/2008/05/03/campaign-roundup-5/comment-page-1/#comment-298596 NJLawyer Sun, 04 May 2008 22:27:11 +0000 http://www.worldontheweb.com/2008/05/03/campaign-roundup-5/#comment-298596 I saw the interview in which Hillary said "Rich people - God bless us," but you need the next sentence to understand it. Nice picture of her above, though. GWB may be a liability, but that didn't stop the McCain campaign from sending me a request for money with a picture of McCain and GWB arm in arm, up close and friendly. I don't think the Hagee video saying America is a pagan nation is going anywhere. Many people believe just that! This can only help McCain. I saw the interview in which Hillary said “Rich people – God bless us,” but you need the next sentence to understand it. Nice picture of her above, though.

GWB may be a liability, but that didn’t stop the McCain campaign from sending me a request for money with a picture of McCain and GWB arm in arm, up close and friendly.

I don’t think the Hagee video saying America is a pagan nation is going anywhere. Many people believe just that! This can only help McCain.

Report comment to moderator

]]> By: Xion http://online.worldmag.com/2008/05/03/campaign-roundup-5/comment-page-1/#comment-298581 Xion Sun, 04 May 2008 20:11:25 +0000 http://www.worldontheweb.com/2008/05/03/campaign-roundup-5/#comment-298581 Obama is right about the gas tax "holy day". It is just a gimmick. But he's also a lying racist, so voting for him is out of the question. Regardless, any money government gives back is good. I don't hear any bills being proposed to lift the moratorium on domestic drilling and nuclear energy. Congress prefers artificial solutions over real change. Obama offers change - for the worse. Any increase in the size of government is bad. Obama is right about the gas tax “holy day”. It is just a gimmick. But he’s also a lying racist, so voting for him is out of the question. Regardless, any money government gives back is good.

I don’t hear any bills being proposed to lift the moratorium on domestic drilling and nuclear energy. Congress prefers artificial solutions over real change. Obama offers change – for the worse. Any increase in the size of government is bad.

Report comment to moderator

]]> By: StuBob http://online.worldmag.com/2008/05/03/campaign-roundup-5/comment-page-1/#comment-298488 StuBob Sat, 03 May 2008 22:07:02 +0000 http://www.worldontheweb.com/2008/05/03/campaign-roundup-5/#comment-298488 In casting your vote for BHO, Deward, do you think you're choosing "pander and deception" or "the promise of truth and transparency?" I'd be all for truth and transparency, but I don't see that coming from either Democrat, and only sometimes from McCain. Show me what I'm missing. In casting your vote for BHO, Deward, do you think you’re choosing “pander and deception” or “the promise of truth and transparency?”

I’d be all for truth and transparency, but I don’t see that coming from either Democrat, and only sometimes from McCain. Show me what I’m missing.

Report comment to moderator

]]> By: StuBob http://online.worldmag.com/2008/05/03/campaign-roundup-5/comment-page-1/#comment-298487 StuBob Sat, 03 May 2008 22:07:01 +0000 http://www.worldontheweb.com/2008/05/03/campaign-roundup-5/#comment-298487 In casting your vote for BHO, Deward, do you think you're choosing "pander and deception" or "the promise of truth and transparency?" I'd be all for truth and transparency, but I don't see that coming from either Democrat, and only sometimes from McCain. Show me what I'm missing. In casting your vote for BHO, Deward, do you think you’re choosing “pander and deception” or “the promise of truth and transparency?”

I’d be all for truth and transparency, but I don’t see that coming from either Democrat, and only sometimes from McCain. Show me what I’m missing.

Report comment to moderator

]]> By: outkast http://online.worldmag.com/2008/05/03/campaign-roundup-5/comment-page-1/#comment-298426 outkast Sat, 03 May 2008 17:36:31 +0000 http://www.worldontheweb.com/2008/05/03/campaign-roundup-5/#comment-298426 If you want truth and transparency, Deward, then Obama is NOT your man. If you want truth and transparency, Deward, then Obama is NOT your man.

Report comment to moderator

]]> By: Deward Bowles http://online.worldmag.com/2008/05/03/campaign-roundup-5/comment-page-1/#comment-298424 Deward Bowles Sat, 03 May 2008 17:34:04 +0000 http://www.worldontheweb.com/2008/05/03/campaign-roundup-5/#comment-298424 It is worth noting that the primary in NC and IN and ultimately the election hinge on a bet by two of the candidates that low information voters will believe their preposterous assertions that a "gas tax holiday" will help them pay their fuel bills this summer. Anyone with a high school level education in economics will tell you a gas tax holiday will actually have the effect of raising gasoline prices. The consumer will simply never see a dime and the oil companies will make even higher profits. Not to mention the fact that it might put as many as 300.000 people out of work when the country is reeling from job losses or drive our debt even higher. It is simply impossible to even suggest that such a measure could be introduced much less pass through congress before the end of the summer given nobody but McCain and Clinton support it in congress. We are witnessing an epic and historic clash of old and new politics, one rooted in pander and deception of the past and one with the promise of truth and transparency. My vote is for Senator Obama It is worth noting that the primary in NC and IN and ultimately the election hinge on a bet by two of the candidates that low information voters will believe their preposterous assertions that a “gas tax holiday” will help them pay their fuel bills this summer.
Anyone with a high school level education in economics will tell you a gas tax holiday will actually have the effect of raising gasoline prices. The consumer will simply never see a dime and the oil companies will make even higher profits. Not to mention the fact that it might put as many as 300.000 people out of work when the country is reeling from job losses or drive our debt even higher.

It is simply impossible to even suggest that such a measure could be introduced much less pass through congress before the end of the summer given nobody but McCain and Clinton support it in congress.

We are witnessing an epic and historic clash of old and new politics, one rooted in pander and deception of the past and one with the promise of truth and transparency.

My vote is for Senator Obama

Report comment to moderator

]]>