IBD on Obama: Scary Stuff

By Chip Hanlon | August 03, 2008 | 1:11 PM | 5 Comments

What a well written, if frightening, article on Barack Obama's belief system in Investor's Business Daily last week. I've written a number of times that despite it being reasonable to have great misgivings about John McCain, it is critical to vote for the veto he's wield over the Democrat-led Congress as opposed to what would be Obama's rubber stamp.

Reading the IBD article it becomes clear that should Obama win, Nancy Pelosi would actually be the voice of reason in Washington D.C.! Enough said... just be sure to read the above article. Scary.

Subtle shifts

Today, Barack Obama talks of a captial gains tax hike to 20% (from today's 15%). In the primary, however, he was talking about a max rate of 25-28% and how his pal, Warren Buffett (a do-as-I-say, not-as-I-do tax policy illiterate), told him such a boost wouldn't impact peoples' investment decisions.

Today Obama talks of raising taxes on the "wealthy," and defines them as people making more than $250,000. In the primary, however, that number was $200k.

He's shifting these numbers now to appear more moderate for the general, to make it seem as though his tax hikes would touch even fewer people than he was claiming during the primary. He's even trying to sound moderate on the topic of oil drilling.

Don't believe it. The article above is a must-read to help crystalize what you probably already suspect about this man's far, far left beliefs.

Getting Away with Murder

The stunts this guy gets away with are incredible. Did Obama inject race into this campaign the other day by suggesting the other side wants to remind you he "looks different" than past presidents? What are we, stupid? Of course he did.

Now, he's calling McCain "cynical,' instead of racist. Oh, gee...thanks.  You can bet "cynical" is code for "old," and will bleed into an ongoing, not-so-subtle, implied message about McCain.

At least when Maureen Dowd wrote her despicable article in Newsweek about McCain's age earlier this year, she said very openly and plainly that John McCain was too old. Obama will never say it explicity and will get totally get away with it, all the while claiming to be the victim of some unidentified wrong himself. Amazing.

Cantor? Interesting.

Virginia GOP Congressman and deputy minority whip, Eric Cantor, is reportedly being heavily vetted as a potential veep pick for McCain. Interesting.

He's not the most charismatic guy out there, but as the only Republican Jewish member of Congress it would certainly be a more exciting and strategic pick than Mitt Romney... sounds like a very crafty idea by McCain, especially in light of the ongoing mistrust of Obama by Jewish voters.

I wish Cantor were stronger on the topic of spending and earmarks, but I guess you can't have it all. Interesting story developing here...

Checks and Ballances I was a bit concerned when I first read the IBD editorial but after a moments thought I realized it was just a Chicken Little threat. It may well be true that Mr. Obama is a left wing radical but to implement any such programs he would need a consensus within both houses of congress. With a multi-front war in progress, deficits that continue to rise and a recession in the wings, there is no free cash flow for welfare like benefits. If anything, the Government might create infrastructure jobs, as was done in the 1930s. Actually, the only welfare programs currently in place are those for the Fat Cats on Wall Street as evidenced by Bear Sterns, JP Morgan, Citi, Fannie and Freddie as well as a multitude of other staunch Right Wing Capitalists. Submitted by MandBinc (not verified) on Wed, 2008/08/06 - 7:22am » reply |

You seem to think an JGurley- You seem to think an Obama/Pelosi-led D.C. will resemble Clinton/Gingrich (emphasis on Gingrich, since most of the greatest successes Clinton now claims as his were courtesy of Newt and the GOP before it lost its way). Pardon my saying so, but that seems an odd conclusion to draw. Submitted by Chip Hanlon on Mon, 2008/08/04 - 1:55pm » reply |

Do we really need political Do we really need political spam on this website? Scary! Racist! Marxist! Yeah, yeah, whatever. I think I will take my stock market gains in the 90s (3x) under 20% cap gains tax compared to no gain in the 2000s under 15% cap gains tax. Submitted by jgurley (not verified) on Mon, 2008/08/04 - 1:54pm » reply |

None of the Above http://globalcapital.blogspot.com That article you recommended absolutely scares the SOCKS off me. It documents not only associations with many marxists, but connects Obama's philosophies, policy suggestions, and methods with them. It seems unimaginable that America is even considering voting for a marxist for president! I also noticed in an interview with Jesse Jackson a few months back, he didn't call it socialism either. He used the term "democracy of capital". These guys with forked tongues know Americans fear socialism, and will vote against it if they call it what it is, so they invoke socialist rhetoric and socialist policy by using new terms that people don't associate with socialism. A socialist rose is still a socialist rose by any other name. Do NOT let these guys deceive you! I already made up my mind on Obama and McCain. It's NONE of the above! Submitted by sbenard on Sun, 2008/08/03 - 11:03pm » reply |