Showing posts with label presidential. Show all posts
Showing posts with label presidential. Show all posts

Friday, May 15, 2009

Newt Gingrich joins the Washington Examiner as a weekly political commentator

Great news for political junkies.

Former House Speaker Newt Gingrich debuts in Friday’s edition of The Examiner as a weekly political commentator, writing a broadly focused column on national and international politics, public figures and current issues...Gingrich’s column will appear on Fridays in both the print and online editions of The Washington Examiner and the San Francisco Examiner.

Gingrich is a true conservative who believes in low taxation and balanced budgets. He played a major role in the formulation of the Contract with America in 1994. The Contract with America was introduced six weeks before the 1994 Congressional election. On the back of the Contract the Republican Party gained majorities in the House and Senate for the first time in 40 years.
Gingrich is highly intelligent and a creative thinker. He is a veritable powerhouse of ideas and is not afraid to slay sacred cows. It is anticipated that Gingrich may throw his hat into the ring for the Republican Party nomination for the 2012 presidential election. This column may offer pointers as to his future intentions.

Sunday, October 12, 2008

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.

Wednesday, September 24, 2008

John McCain Statesmanlike Suspends Campaign to help with the Bailout Negotiations (action of a true patriot)

John McCain in a statesmanlike move characteristic of the man has announced that he will suspend his presidential campaign on Thursday to return to Washington to help with bailout negotiations. He has also urged his opponent Barack Obama to do the same. It had become increasingly obvious that there was a groundswell of opposition in Congress to the bailout proposals. This opposition ranged across the political spectrum from left to right. Even moderates have extreme difficulty with the proposal.

Mr McCain also asked the Presidential Debate Commission to postpone Friday’s scheduled debate with Obama so that he could work on the financial crisis bailout plan now on Capitol Hill.

“America this week faces an historic crisis in our financial system. We must pass legislation to address this crisis. If we do not, credit will dry up, with devastating consequences for our economy. People will no longer be able to buy homes and their life savings will be at stake. Businesses will not have enough money to pay their employees. If we do not act, ever corner of our country will be impacted. We cannot allow this to happen,” McCain said.

The McCain approach is patriotic and visionary- the mark of a true leader. He has sacrificed his foreign policy advantage in the debate on Friday night. John McCain as a true patriot has put his country before his political interests. Obama must now follow his lead.