Showing posts with label Energy. Show all posts
Showing posts with label Energy. Show all posts

Thursday, October 16, 2008

NY - Third Presidential Debate-McCain goes on the attack (Obama Company Taxation plans will send millions of jobs to Europe and Asia)

This debate featured sharper exchanges than the previous two. McCain was the more forceful of the two candidates and delved forensically into policy matters. Obama attempted to parry McCain attacks. This is a calculated strategy to avoid a detailed analysis of Obama policies many of which do not stand up to scrutiny especially in the current financial crisis. His promises of a middle class tax cut are hot air-incapable of being implemented in the current financial circumstances, without a spending freeze-which Obama opposes.

The debate opened with a discussion on taxation. John McCain stressed the need to reduce taxes and the necessity not to increase taxes on the likes of Joe Plumber. McCain opposed Obamas plans to increase company taxation on the basis of a jobs outflow to lower taxation destinations in Europe and Asia. Obama spoke about middle class tax cuts. McCain emphasized the necessity to reduce taxes on business to increase employment opportunities.

The next topic was the deficit. Both candidates spoke about the necessity of reducing the deficit. McCain was far more specific. He emphasized a spending freeze and detailed methods for balancing the budget. Obama was particularly weak on this topic. Obama opposed a spending freeze. Hence his proposals for a middle income tax cut go up in smoke. McCain emphasized that Obama has proposals for 860 billion dollars in extra spending.

Obama attempted to tie McCain to President Bush. John McCain said:”I am not President Bush.” John McCain said that Barack Obama had voted for two budgets, which increased taxes on those earning over 42,000 dollars. Obama denied this –not too convincingly.

The third segment featured negative campaigning. Both candidates criticized each others campaign strategies. Obama criticized comments at Sarah Palins rallies. McCain strongly defended her. He outlined how he had condemned any unfair comments in contrast to Obama who had singularly failed to do so. McCain referred to disgraceful happenings at Democratic rallies, which had largely gone unreported. He referred to outrageous comments by Democrat Congressman John Lewis who attempted to tie him to George Wallace. William Ayres and Acorn figured strongly. This may have damaged Obama. Obama failed to convince here.


The next topic was advisors and running mates.McCain listed Palin’s achievements in Alaska on energy, rooting out of corruption and balancing the budget. Obama defended Joe Biden. John McCain referred to Biden’s vote against the First Gulf War and a proposal to divide Iraq in three segments-both serious blunders.

Energy was the next topic featured. McCain was stronger on energy hammering Obama on nuclear and off shore drilling. Obama is opposed to more nuclear and off shore drilling.

Trade featured next with sharp exchanges on free trade. McCain caught Obama on trade with Colombia. McCain warned that to restrict free trade and to raise taxes is to trigger a depression. He is correct. NAFTA also figured here.

Health Plans figured next. Both candidates rehearsed the same arguments as in the previous two debates. On this occasion McCain explained clearly that 95% of Americans would be better off under his plan. He had failed to explain this fully previously.

Roe V Wade came up for discussion. McCain damaged Obama on the issue of partial birth abortion. Obama waffled on this issue. Obama supports tax payer funded abortions.

Education featured sharp exchanges. Obama appears content to throw money at the problem. McCain was stronger on reform of the system.

Obama's approach is governed by a desire to Spend, Spend, Spend. Greater state involvement, greater state involvement. The corollary of this is higher taxation and stagnation. Obama's coolness and smooth talking is no substitute for substance. Obama's policy of higher taxation on businesses is a godsend to workers in Europe and Asia. More American plants will move to these destinations to avoid higher taxation. His company taxation policy is economic lunacy. American workers vote for Obama if you wish to send your jobs to Europe and Asia. No wonder most Europeans are rooting for Obama.

Wednesday, October 8, 2008

Presidential Debate- Nashville ,Tennessee: McCain V Obama: McCain enhances his Credentials on Economy

In the economic section of the debate John McCain was more specific. Obama tended to rely on populist generalisations. His solution appears to be more and more state involvement. Obama is a true Socialist. The state will solve all problems. The difficulty with his approach is that more state involvement requires higher taxes. There is no such thing as a free lunch. If voters opt for Obama on the health care issue they will pay a heavy financial price in increased taxes.

McCain caught out Obama on Freddie and Fannie. Obama being the second highest recipient of campaign contributions from Freddie and Fannie. McCain outlined how he attempted to introduce regulation on Freddie and Fannie. Obama was no place to be seen. McCain outlined a plan to buy up bad house loans and stabilise house values- cost 300 billion dollars. New mortgages at present values would be provided to those house owners. This just might work. I believe that this should come from the 700 billion rescue package.

McCain outlined how his tax policies would benefit the middle class and small business owners. McCain stressed energy independence: more off shore drilling and nuclear.
He outlined plans for public expenditure freeze (except military spending). This would help fund tax cuts.
McCain hammered Obama on spending and earmarks. Obama voted for 94 tax increases. Obama according to McCain has plans for 860 billion dollars in new spending. I suspect that it is much more. Clearly Obama’s tax promises cannot be fulfilled.
As McCain stated: “Nailing down Obama’s tax proposals is like nailing Jello to a wall".

Obama criticized McCain on Freddie and Fannie and on deregulation. Obama did not adequately answer McCain charges on Freddie and Fannie.

Obama outlined his ideas on middle class tax cuts. He attempted to inject class warfare into the debate. He criticized McCain proposals to lower tax burdens on industry. Obama fails to realise that various European countries have embarked on reducing tax burdens on industry. Failure to reduce taxes on industry will lead to job outflows. Obama pressed universal health care. Once more failing to realise that such a policy would ignite a taxation time bomb. It would cripple taxpayers. McCain challenged Obama's plans for fines. Obama failed to respond.
McCain performed very strongly on the economy. He certainly gained the upper hand on this key issue.

He exposed major contradictions in Obama’s plans. Obama stressed more and more state involvement and regulation. Even on energy Obama was economical with the truth.

Both candidates sparred on foreign policy: On Afghanistan, Iran, Iraq, Israel, Russia. McCain won this hands down. McCain made it clear that he would defend Israel in the event of an attack. Obama waffled. On Pakistan, Obama came across as naive.

Friday, October 3, 2008

Stunning performance by Palin in Vice Presidential debate at Saint Louis (Palin turns the tables on detractors)

Sarah Palin performed very strongly. She was articulate, vivacious,charismatic and knowledgeable.
This was a champagne performance. Liberal media eat your hearts out. She was an inspired Vice Presidential selection. Joe Biden was Joe Biden –strong on some details but factually incorrect on others. Biden kept going back instead of forward. This was a bad blunder.

Palin strongly targeted Obama’s poor record on high spending and tax increases. She was strong on energy independence stressing the need for more drilling to ensure less American dependence on hostile foreign regimes. She continuously stressed reform of Wall Street and was strong on Israel. She outlined John McCain’s proposals two years ago to regulate Fannie Mae and Freddie Mac. She hit Obama strongly on tax breaks for oil companies. She also dealt with her formidable record in Alaska where she introduced a balanced budget and reduced taxes.
Joe Biden was articulate and endeavoured to tie McCain to Bush. He used the class warfare card and attacked McCain’s foreign policy platform. He misrepresented John McCain's record on taxes. His various mis-statements on McCains voting record have handed a powerful weapon to the McCain campaign. He was quite often factually incorrect. He endeavoured to paint McCain as unreasonable. However Palin resonated strongly with ordinary voters.

This is a triumph of epic proportions for Sarah Palin who has been savaged by the bloodhounds of the liberal media. Not alone was she assailed but her family was torn to shreds by the same media. This woman could lead America in any crisis.


Monday, September 1, 2008

Sarah Palin interviewed by Glenn Beck last June


Alaska's governor talks about her state and resource development. As this interview clearly illustrates Sarah Palin is a politician of great substance clearly in command of her brief. This gives the lie to Democrat propaganda which claims that she lacks experience. She has two years executive experience as governor of Alaska. Obama has absolutely NO executive experience. So the GOP number two has more experience than the Democrat number one. What qualifies Obama to be president? John McCain has made an excellent choice of running mate.

Saturday, August 9, 2008

Heating that harnesses the Earth's energy and may help to slash greenhouse gas emissions

Below are excerpts from an excellent article in the Telegraph by David Waller

"Last summer, Richard Soper became one of the first homeowners in the country [UK] to install a type of eco-friendly heating system that experts believe has the potential to slash greenhouse gas emissions.

Mr Soper: Our annual heating bills are now virtually nothing, whereas we were paying over £1,500 annually for running our oil boiler.
It works by deploying the technology used in a refrigerator to absorb warmth from the ground to provide heating and hot water.
Although ground source heat pumps are commonplace across much of northern Europe, Mr Soper is one of fewer than 5,000 homeowners to have installed the technology in the UK......

....Although the technology, which was supplied by Worcester Bosch, can't be described as cheap - Mr Soper's system cost £11,500 - the savings are substantial.
"Our annual heating bills are now virtually nothing, whereas we were paying over £1,500 annually for running our oil boiler. As the heat pump runs on electricity, we have seen an increase in our electricity bill, but overall the saving is massive........................"

Monday, August 4, 2008

Democrat Energy Plan-Hope for the best

This image via Gateway Pundit neatly encapsulates the Democratic Party's energy policy or rather its lack of one. Barack Obama in marked contrast to John McCain has opposed more offshore drilling, a large expansion in the nuclear programme, increased use of coal and support for the electric car.

Obama's energy policy is based mainly on conservation and increased development of renewals.
Correct tyre pressures is a major plank in his energy platform.
That is not a sufficient response to the present crisis. It is a recipe for economic decline.

Huge reserves of untapped oil lie off shore. Under a Democratic Congress and a President Obama they will remain there.
The US and the West in general will remain at the mercy of unstable Middle East regimes under the Democrats and a President Obama.

Meanwhile Communist China ploughs ahead with a policy geared towards securing foreign oil supplies and other natural resources. It has extended its tentacles into Africa and is now increasingly active in South America. It is a new colonial power.

China is a major competitor with the West. US politicians had better wake up before it is too late.
China is rapidly developing it navy, army and air-force. These will be used to protect raw material supplies and if necessary to bully countries which threaten China's interests. Competition for scarce energy resources could trigger a nuclear war.