Wednesday, April 30, 2008

The Case for Obama Pt. IV

Today's installment. Just another simple example of why Obama is the candidate for all Americans!!! Let's call it:

"Judgement"

Article today from Reuters Clinton-McCain gas tax holiday slammed as bad idea

This is precisely the reason there needs to be a change. You would think once Clinton realized she was on the same side as McCain she would have backed off, but she chose to go all across the state talking about how Obama was out of touch with the voters.

For those of you that are reading challenged and have not already read the link above in summary it says Economists feel that the "tax holiday" being proposed is a B-A-D idea. Economists state refineries cannot increase their supply of gasoline in the space of a few summer months, lower prices will just boost demand and the benefits will flow to oil companies, not consumers.

Clinton-McCain say that we will pay for it by imposing a windfall profits tax on the big oil companies. Really? Is there some reason we aren't doing this now? Does this need to be tied to a "tax holiday"? Or is it really just meant to be a sound byte to appeal to the weak-minded??

Obama said in a speech, "This isn't an idea designed to get you through the summer, it's an idea designed to get them through an election."

I think one economist said it best when he said, "If you want to provide households tax relief, a direct rebate ... is more effective. Not all of the tax relief from a gas tax holiday will be passed on to consumers. Some will likely be kept by refiners."

The rookie with no experience and out of touch with the American people is the one that every economist in America agrees. What people fail to realize is Obama is the American People, and he is in touch with Washington. Things will never be the same now that they have let a "regular guy" in the door.

So my case for today, "this is the type of judgement and straight talk we need from our elected officials. Not someone jumping on the issue of the day and coming up with a gimmick to get votes, with a-b-s-o-l-u-t-e-l-y no intent on helping a single person or actually even following through on the plan."

It is time for a change in Washington, and as I have said before you don't just change the face at the White House, but you must CHANGE the entire outlook of our government. Bush-Clinton-McCain politics are done.....


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