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POPSWall Street Likes The Bailout Plus Drill, Drill, Drill
But my thought is that a Senate victory might just blow Pelosi out of the water and open the floodgates to Democratic defections in the House. If a drilling bill ever passes Congress, oil prices will keep on plunging — perhaps all the way to $75 a barrel, which is the profitable break-even point for lifting the extra barrel of oil. That would drive the Dow to somewhere between 15,000 and 16,000, and it would have a huge tax-cut effect on the economy. And, of course, it could completely change the November election outlook in a highly favorable way for the GOP. The conventional wisdom says Republicans are gonna get clobbered again this fall. But drill, drill, drill would overturn that wisdom. More drilling today would have the potency of the Reagan tax cuts 28 years ago in the 1980 landslide race. But the GOP has got to make the case. And deregulating oil, which is great policy, would offset much of the bad policy pain coming out of the Fannie-Freddie housing bailout.
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POPSNYTimes: McCain plan "cannot balance the budget" "Mr. McCain and his advisers must know that his numbers do not add up. But adding up is not their point. Their point is to perpetuate the fantasy that Americans can have ever bigger tax cuts and a balanced federal budget. They cannot. "
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POPSNJ protesters greet Bush Some protesters like Patricia Kuc, of Wrightstown, want Bush and Vice President Dick Cheney impeached for starting the war in Iraq, among other reasons. When asked if she thought that would ever happen, she said, "No, unfortunately not, because the Republicans and the Democrats all play to the same tune." Kuc said she would like Bush and Cheney impeached for "tearing up our Constitution, creating an illegal war of aggression against people who didn't do anything to us and abandoning all of our civil rights." "We're going to be living in a fascist country very soon," she said. "The powers that has instilled in himself will go on to the next president and we will be in big trouble."
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POPS What's McCain's "Outreach" Means Energy would be taxed through the back door by placing a cap on the amount of carbon dioxide (CO2) that energy-producing companies can emit. It puts a legal limit on the amount of energy that can be drawn from conventional sources such as oil, coal, and natural gas. The purchase price of the permits is a tax, and will have the same effects as a tax on the market; it would raise the price of the energy source, i.e. coal, oil, etc., and therefore, it would likewise raise the costs of all production that relies on those sources, as well as the price of all goods and services that" are produced using these products. ... "Over the next 100 years, the CO2 reductions from the tax will result in a temperature change that even its proponents concede, is so small," nobody will even notice, but a massive tax increase gets us.
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POPSThe Great Betrayal On controlling America’s borders and halting the invasion through Mexico, McCain collaborated with Senate liberals in the McCain-Kennedy amnesty, which was rejected only after a national uprising. When 190,000 Arizonans petitioned in 2004 to put Prop 200 on the ballot, requiring proof of citizenship before an individual could vote or receive welfare benefits, John McCain led the GOP congressional delegation in opposing it unanimously.Unsurprisingly, Juan Hernandez, the open-borders chatterbox and former adviser to Vicente Fox, has turned up in McCain’s campaign. On the three issues that have ravaged the Bush presidency—the misbegotten war in Iraq, the failure to secure America’s borders, and the trade policy that has destroyed the dollar, de-industrialized the country, and left foreigners with $5 trillion to buy up America—McCain has sided with Bush.
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POPSAnn Coulter To Campaign For Hillary Clinton:::And Here's Why Is a pro-abortion socialist-in-everything-but-name Hillary Clinton administration preferable to a McCain administration? Coulter: McCain's record is as bad and liberal as Hillary's. But her badness is expressed when she's seeking Democrats' votes. If McCain were in front of Democrats he'd sound like Herbert Marcuse. And don't tell me McCain is better on the war. Campaigning in front of Code Pink types, Hillary has repeatedly said she will hit terrorists hard, and hedged her bets (thereby losing votes) on whether she'd execute a quick pullout from Iraq. This probably makes her as tough as McCain, especially since he's busy sniffling into his handkerchief about the tragedy of Guantanamo. As to the domestic commie stuff Hillary peddles, I think she'll do a lot less damage than McCain, because he would co-opt Republican congressmen. They would fight Hillary. We're imperiled by both of them � but I think Hilary presents fewer risks.
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POPS PATTERICO ENDORSES MITT If the swing towards Romney in California continues , he will emerge from Tuesday's contest in a solid second place with a new narrative and a renewed debate about the race --can Romney surpass McCain in Ohio and Texas in March? The rapidly fading Huck would simply disappear, as he is doing in many places where the obvious has already registered: A vote for Huckabee is a vote for McCain. A vote for McCain is a vote AGAINST the traditional family and traditional family values.
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POPS A Vote For The Huckster Is A Vote For MexiCain Huckabee’s obstinate obsession with staying in a race for a nomination that he cannot win could hand the nomination to someone that would damage our party beyond repair. Huckabee willing to hand the nomination to an individual who has made a career out of thumbing his nose at the Republican Party. As an economic Conservative I feel more comfortable voting for someone who believes that the Bush tax cuts should be made permanent. MexiCain opposed the Bush tax cuts but now says they ought to be made permanent. Makes you wonder how genuine that desire is. Mike Huckabee says now he’s on board with The Fair Tax, but his record shows a tendency to raise taxes. Especially in the quest to institute a nanny state. Huckster would use the tax system to enforce nanny state policies against smokers, drinkers, and transfats. Do you want the President and the federal government tell you that you can’t eat that burger, smoke that cigarette, or have that drink? I don’t and I’m not even a smoker
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POPS Sore Winner "I don't change my positions depending on what year it is or what office I'm seeking" In the California debate, he was forced to admit that he no longer supports the immigration legislation he himself proposed last year. He was asked, would you vote for the bill if it came to the floor? "No, I would not, because we know what the situation is today. The people want the border secured first." Oh. So McCain has changed his position? While we're on the subject of political flexibility, let's recall that McCain voted against the Bush tax cuts (thought they were too nice to the rich) but now wishes to make them permanent. It's no crime to change one's views and it would certainly be welcome if McCain were to reexamine a few more of his positions; for example, on detainee interrogations, drug reimportation from Canada or Supreme Court picks. He could stand a little refresher course on Economics 101, particularly about where the wealth of this nation comes from. (Hint: Not from senators.
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POPSFormer House Speaker Hastert:::McCain 'Allied With Democrats' The former House speaker has not had a lot of good to say about McCain in recent years. He contended that on agenda items under the Republican-controlled Congress, “it just seems like everything we did, John was someplace else.” “It was McCain-Kennedy, it was McCain-Lieberman, it was McCain-Feingold on campaign finance reform,” Hastert said, noting Democratic co-sponsors. “He was against us on tax cuts and his form of immigration reform was to open the gates and let everybody in.” “He is a moderate,” the former speaker said. “In almost everything he’s done, he’s done (things) against what mainstream Republicans thought and he’s allied with Democrats. He was always the undependable vote in the Senate.” McCain's campaign thinks they can smooth things over. "We look forward to the Speaker's support in the general election," said Steve Schmidt, a senior adviser to McCain.
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POPS McCain, Like Janus, The Two-Faced Roman God "Wouldn't it be great if you get a chance to name somebody like Roberts and Alito?" one lawyer commented. McCain replied, "Well, certainly Roberts." Jaws were described as dropping. My sources cannot remember exactly what McCain said next, but their recollection is that he described Alito as too conservative. Anti-tax activist Grover Norquist is worried about a prominent journalist informing him that McCain a few years ago said to him, off the record, that as president he would have to raise taxes. McCain more recently has told me, on the record, he never would support a tax increase and, consequently, favors making permanent the Bush tax cuts. As Senate Indian Affairs Committee chairman, McCain in 2005 subpoenaed records of Norquist's dealings with Republican Jack Abramoff. Norquist said McCain held a grudge against him for campaigning against the senator's 2000 presidential bid. Norquist told me he has no personal animus and only wants assurance that McCain opposes higher taxes
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POPSREALITY CHECK! There is a frightening new global trend of denial... Europeans think that they don't need to limit fishing... Car companies don't think they need to improve fuel economy standards... Bush thinks he can increase spending and cut taxes at the same time... Jingoists think we are winning the war in Iraq... Democrats think Hillary Clinton has enough experience to win an election... Polluters think that Global Warming won't really happen... Evangelicals think Jesus is coming back soon... Fundamentalists think they can win the war against modernity... The truth is: we're stuck with this world. The rules DO apply. No free passes. You have to face the music sometime. We must choose realism over comfortable delusion. Unfortunately, for now, wistful thinking will rule the day until we let it all collapse around us. Then we'll stand there scratching our heads saying: How could this happen?
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POPS"Straight Talk Express" Took A Wrong Turn With This Mailer ANALYSIS FROM FACT CHECK ON MCCAIN MAILER What makes the McCain mailer misleading is that McCain himself went way beyond quietly refusing to endorse the 2003 tax cut plan. He was one of only three Senate Republicans to vote against it. The day after Bush proposed the cuts he criticized them as too generous to the rich. "It is middle-income Americans that have kept our economy afloat by buying houses and automobiles," McCain said on MSNBC's "Hardball." "I believe that they deserve the majority of the break, not the higher-income level of Americans." By attacking Romney for not supporting the 2003 cuts, McCain invites readers to believe that he himself must have supported them, which isn't true. Furthermore, McCain also voted against Bush's 2001 tax cuts, before Romney took office as governor.
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POPS McCain’s Costly Tax On Energy What do John McCain, Environmental Defense, the Natural Resources Defense Council, and the Pew Center on Climate Change have in common? They have united to support a massive new tax increase on energy The real surprise is that in a Republican primary in which Senator McCain’s anti-tax credentials are in question, none of his opponents have even mentioned his advocacy of this new broad-based energy tax. I will leave it to political pundits to speculate on the reasons why. But if it is thought that the climate change benefits will be worth these significant new costs on consumers and producers — think again. Over the next 100 years, the CO2 reductions from the tax will result in a temperature change that even its proponents concede, is so small as to be virtually undetectable by current technologies.
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POPSWrong on Taxes: Bush sells America to China Romney says McCain was wrong to vote against Bush's tax cuts. If he really believes this, then he is not a true conservative. What is the truth about Bush's tax cuts? Bush slashed the revenue of the US government to help rich people get richer. This means the government has less money to spend. But he is the greatest spendthrift in the history of American Presidents. So who is paying for all of Bush's spending? It isn't Romney, who is getting millions back in tax cuts. It's the Chinese, who are buying US Treasury bonds to gain power over the US. Look at the numbers. the Chinese have almost literally financed the Iraq war. A true conservative spends money when he has it, and when he doesn't, he works for more. Bush's extravagance has sold our economic independence to a rival nation. Does this sound like treason to you? Because it sure does to me!
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POPS Congressional and Leftist Lies According to The Harris Poll taken in June 2003, 51 percent of Democrats thought the tax cuts enacted by Congress were a bad thing while 16 percent of Republicans thought so. Among Democrats, 67 percent thought the tax cuts were unfair while 32 percent of Republicans thought so. When asked whether the $350 billion tax cut package will help your family finances, 59 percent of those surveyed said no and 35 percent said yes. Whether you're for or against President Bush matters little, but what do you think of politicians and their media dupes winning you over with lies about the rich not paying their fair share? And, by the way, $145,000 or even $345,000 a year hardly qualifies one as rich. It's not even yacht money. Walter E. Williams is a professor of economics at George Mason University.
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POPSBush's Budget Wins May Cost Him The country is going broke and Dick'n'George care more about giving the world to their organ grinders. Americans don't seem to be part of their vision anymore. They refuse to look after the poor and keep tightening the screws.
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POPSDemocrat Class Warfare Now ... here's where the frustration comes in. Cavuto asks Senator Klobuchar whether or not she thinks that the 35% of earnings that the richest 1% earn now is enough; whether or not that's fair. He asked this question three times, and three times Klobuchar refused to answer it. She would launch into a discussion of rising tuition rates and health insurance premiums in Minnesota. Now excuse me ... but in what way do comments on rising tuitions and health insurance rates constitute a response to a question as to whether or not a 35% tax rate is high enough for evil high-achievers?
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POPSOn not passing a budget The hypocrisy of Republicans suddenly pretending to take a stand against "pork" and earmarks, while the real purpose is just to derail the incoming Congress's work, is really stunning. cbarr pointed this out first .
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POPSThe deceptive advocacy of Stephen Moore Stephen Moore just wrote this editorial touting his statistical "expertise" to cast doubt on the Lancet study showing that the number of deaths in Iraq have increased by 650,000 since the US invasion. See also Tim Lambert on Moore's editorial.
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