30 Oct 2008 (NECN: Cape Girardeau, MO) - Sarah Palin held a "Road To Victory" rally at the Show Me Center in Cape Girardeau, Missouri this morning. Speaking to an overflow attendance she was hugely impressive. She spoke about the war in Iraq. She stated that a McCain/Palin administration would impose a spending freeze and make real cuts in taxation. She outlined plans for energy independence and pledged to work for special needs children. She said "every innocent life" counts. She said that Government should not take more. She stated that Obama has an ideological commitment to higher taxes and that he actually voted 94 times for higher taxes. She explained how Obama favoured bigger government , raising taxes and spreading the wealth-Socialism. She said that a McCain/Palin administration would clean up Wall Street..........
Showing posts with label spending freeze. Show all posts
Showing posts with label spending freeze. Show all posts
Thursday, October 30, 2008
30 Oct 2008 (NECN: Cape Girardeau, MO) - Sarah Palin held a "Road To Victory" rally at the Show Me Center
30 Oct 2008 (NECN: Cape Girardeau, MO) - Sarah Palin held a "Road To Victory" rally at the Show Me Center in Cape Girardeau, Missouri this morning. Speaking to an overflow attendance she was hugely impressive. She spoke about the war in Iraq. She stated that a McCain/Palin administration would impose a spending freeze and make real cuts in taxation. She outlined plans for energy independence and pledged to work for special needs children. She said "every innocent life" counts. She said that Government should not take more. She stated that Obama has an ideological commitment to higher taxes and that he actually voted 94 times for higher taxes. She explained how Obama favoured bigger government , raising taxes and spreading the wealth-Socialism. She said that a McCain/Palin administration would clean up Wall Street..........
Monday, October 6, 2008
Obama cannot deliver tax cuts to middle class (Sums do not add up)
Already Barack Obama has made promises totalling 1,000 billion dollars. In addition the bailout just agreed will cost an extra 700 billion dollars. Now he promises substantial tax cuts for the middle class. Quite simply these cannot be funded with an overhang of 1,700 billion dollars. This is political smoke and mirrors-loony bin economics. Such an economic policy will produce economic Armageddon.
Tax cuts can only be introduced by a freeze on government spending. Such a freeze would make resources available to fund such tax cuts. This is the McCain approach. McCain has advocated a freeze (excluding military spending). He has promised a war on waste and pork barrel spending. He has a strong track record in opposing pork barrel spending. Obama on the contrary has been a strong proponent of pork barrel spending and has voted for 94 tax increases.
When challenged on a public expenditure freeze-in the first debate-Obama ran for cover and fudged the issue.
Obama’s plans to double the capital gains tax is a further ingredient in the current instability. The likelihood of an Obama victory could trigger a further massive sell off on the stock market as investors seek to avoid higher capital gains tax rates.
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