wow. i really thought mccain will win

• wow. i really thought mccain will win - nm

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I see a change with O, but I am afraid it is just going to get worse.  No more freedom.  Just people who are in charge of things and still a me, me, me attitude.

The democrats tried to object to his even reading of his statements yesterday. Guess they were afraid he would sway some votes.  This is long, but please read.

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Mr. McCAIN. Mr. President, the amendment I have is a product of a lot of work from a number of Senators on this side of the aisle. I especially thank Senator Martinez of Florida, a great leader on this issue, along with Senator Thune, Senator Graham, and many other Senators who have been involved in this discussion. This is an alternative we believe would truly create jobs and stimulate our economy. The total cost is around $421 billion.

   I wish, before I describe the amendment--and I know others of my colleagues want to discuss this amendment--I wish to point out it is very clear that public opinion in this country is swinging against the proposal that is now before the Senate and was passed by the other body. They are opposed because they see now in the Senate a $995 billion package which could reach more than $1.2 trillion. Many Americans, certainly now a majority, do not see it as a way to create jobs and to stimulate our economy. They see it loaded down with unnecessary spending programs. They see it, very correctly, with policy changes which deserve extended debate and voting on their own, such as ``Buy American'' provisions, Davis-Bacon, giving Federal workers new whistleblower protections. Some of these policy changes may be laudable, others are not, at least in my view, but all of them deserve debate and discussion rather than being placed in a piece of legislation that is intended to stimulate our economy and create jobs.

   I think it is time that we also understand how we got where we are. I have been around this body long enough to recognize that we are now entering the final phase of consideration of this package. Whether it be today or over the weekend or early next week, this bill will be disposed of one way or another by the Senate. So how did we get to where we are today, with a $995 billion package, at least, or $1.2 trillion, or perhaps more than that, with a bill that probably would create, in the view of the administration--and I do not agree with it--3 million jobs, which would mean that each job that is created by it costs the taxpayers $275,000. I do not think many Americans believe that each job created should cost $275,000 of their hard-earned tax dollars.

   In fact, the response my office is getting borders on significant anger when we talk about many of the funding programs that are in the stimulus bill. I will go through several of them later on, but $400 million for STD prevention; $40 million to make park services more energy efficient; $75 million for smoking cessation. It is hard to argue that, even though these provisions, many of them, may be worthwhile, they actually create jobs. So we have strayed badly from our original intent of creating a situation in America to reverse the terrible decline and economic ditch in which we find the American economy, to the point we have had spending programs and policy provisions which have nothing to do with stimulating the economy and creating jobs. It may be Government--let me put it this way. It may be legislative activity, possibly, at its worst.

   We are offering today an alternative at less than half the cost that we think creates jobs and stimulates the economy. I remind my colleagues, despite the rhetoric about bipartisanship, this bill originated in the House of Representatives, as is constitutionally appropriate. There was no Republican input whatsoever. It passed the other body on a strict party-line basis with the loss of 11 Democrats and came over to this body, where in both the Appropriations and the Finance Committees, almost every Republican amendment was rejected on party lines.

   I appreciate very much that the President of the United States came over to address Republican Members of the Senate and Republican Members of the House. The tenor of his remarks I think was excellent. But the fact is, we did not sit down and seriously negotiate between Republican and Democrat. I have been involved in many bipartisan efforts in this body, for many years, that have achieved legislative result. The way you achieve it is not to come over and talk to a body. The answer is to sit down and seriously negotiate and come up with compromises which result in legislation which is good for the country.

   That has not happened in this process. Again, the American people are figuring it out. I am confident, because of the way this process has taken place, that gap, which is now 43-37, the majority of the American people opposing this package, will grow.

   A majority of the American people still believe we have to stimulate the economy and create jobs. I agree with them. But to spend $1.2 trillion on it, and have no provision for when the economy recovers to put us back on the path of fiscal sanity and stability--as the amendment that I had last night was rejected; we got 44 vote--does not provide the American people with confidence that spending will stop at some time.

   One thing they have learned is that spending programs that are initially supposed to be temporary become permanent. They become permanent. That is a historical fact.

   So we have initiated nearly $1 trillion--many in new spending, some hundreds of billions of dollars in new spending--with no provision, once the economy has recovered--and the economy will recover in America--this is no path to balancing the budget. Instead, we laid a $700 billion debt on future generations of America in the form of TARP, we are laying $1.2 trillion additional in the form of this bill, and another half a trillion dollars in the omnibus appropriations bill, and then we are told there will be a necessity for another TARP, which could be as much as $1 trillion, because of our declining economy. Yet there has been no provision whatsoever, once the economy recovers, to put us back on a path to balancing the budget and reducing and perhaps eliminating--hopefully eliminating--this debt we have laid on future generations of Americans.

   I used to come down to the floor here, and have over the years, and argue against provisions in appropriations bills--which, by the way, has led to corruption. I notice there is another individual staffer who is being charged today, or yesterday, for inappropriate behavior with Mr. Abramoff.

   There used to be hundreds of thousands and sometimes thousands. Now, they are in the millions and billions, tens of millions and billions. My how we have grown.

   Do we need $1 billion for national security at the Nuclear Security Administration Weapons Activities to create jobs? We may need $1 billion for National Nuclear Security Administration Weapons Activity, but to say it will create jobs and will stimulate the economy is a slender reed.

   There is nobody who appreciates more than this person the contribution that Filipino war veterans made to winning the Second World War. We are going to give millions of dollars to those who live in the Philippines. Do not label that as job stimulation.

   Smoking cessation is something that we all support. How does $75 million for smoking cessation create jobs within the next years that would justify expenditures of $75 million?

   This body, in the name of increasing health care for children, raised taxes by some $61 billion, I guess it is, on tobacco use. So we now hope people will use tobacco in order to pay for insurance for children. But the fact is, $75 million for smoking cessation should be an issue that is brought up separately and on its own. And the list goes on and on and on.

   Our proposal--I am grateful for the participation of so many Senators--would allocate approximately $275 billion in tax cuts. It would eliminate the 3.1 percent payroll tax for all employees for 1 year and use general revenues to pay for the Social Security obligation.

   It would allocate $60 billion to lower the 10-percent tax bracket to 5 percent for 1 year. It would lower the 15-percent tax bracket to 10 percent for 1 year. It would lower corporate tax brackets from 35 percent to 25 percent for 1 year.

[Page: S1619]  GPO's PDF

   We alarmed the world with the ``Buy American'' provisions which are included in this bill. The reaction has been incredible, and the fact is, jobs flee America for a number of reasons. But one of them is we have the highest business taxes of any nation in the world. We used to have among the lowest.

   So if we really want to create jobs in America and attract capital and investment for the United States of America, we need to lower the corporate tax bracket. We need to have accelerated depreciation for capital investments for small businesses. We need to assist Americans in need, there is no doubt about that. There are Americans who are wounded and are hurting today. It is not their fault.

   We need to extend the unemployment insurance benefits. That is a $38 billion pricetag. We need to extend food stamps. We need to extend unemployment insurance benefits, make them tax free. That is a $10 billion pricetag. And, of course, we need to provide workers with training and employment. That is a $50 billion cost.

   We need to keep families in their homes. We needed, and we did adopt last night, the $15,000 tax credit. But we also need to fund the increase in the fee that servicers receive from continuing a mortgage and avoiding foreclosure. We need to have GSE and FHA conforming loan limits. That is $32 billion. We also, by the way, need to do more in the housing area.

   You know, it is interesting in all of these spending proposals we have, there is not one penny for defense, not one penny. Obviously, we are going to have to reset our military. We need to replace the aging equipment that has been used so heavily in Iraq and will be needed in Afghanistan.

   We need to improve and repair and modernize the barracks, the facilities and infrastructure that directly support the readiness and training of the Armed Forces. We do not have that in the now $995 billion package that is before us. Obviously, we need to spend money on military construction projects which will create jobs immediately. Those people who say that is not the case, I can provide for the record adequate information that many of our military construction projects could begin more quickly than those that are not on our military bases because of environmental and other concerns.

   We need to spend $45 billion on transportation infrastructure. There are grants to States to build and repair roads and bridges, including $10 billion for discretionary transportation grants, and $1 billion for roads on Federal lands. Public transit, obviously, we need to fund, and airport infrastructure improvements are necessary, along with small business loans. That is about $63 billion in our proposal.

   Finally, the American people believe, and I think correctly, spending is out of control in our Nation's Capital. We continue to spend and spend and spend. We not only have accumulated over a $10 trillion deficit, this will add another $1 trillion or more. I mentioned the TARP of $700 billion, all of which is being paid for--we are printing money in order to fund it.

   At some point we are going to have to get our budget balanced or our children and our grandchildren are going to pay the bill. I recommend that this body hear as much as possible from David Walker, former head of the Government Accountability Office, in the Congress of the United States. He paints a stark picture. In my view, it is also time that we establish entitlement commissions: one for Social Security and one for Medicare-Medicaid and make recommendations so we can act on what is a multi-trillion-dollar deficit in Social Security and over a $40 trillion debt on Medicare and Medicaid.

   Unless we address these long-term entitlement issues, there is no way we are going to be able to prevent the majority of Americans' taxes from being devoted to those two programs. So we need to establish those commissions and we need to put them to work and we need to put them to work right away.

   Now, I am told there is general agreement. Why not do it now? Why not do it now? We also need better accountability, better transparency, better oversight, and better results. Among many disappointments we have over TARP, one was that we were told the Congress and the American people would have oversight and transparency, and they would know exactly how that initial $350 billion was being spent.

   The American people and Members of Congress have been bitterly disappointed as TARP shifted from one priority to another. Funds went to the automotive industry, which none of us had anticipated when we voted for and approved it. We need more transparency and accountability and oversight of how this, probably the biggest single emergency spending package in the history of this country, is being spent.

   I notice I have other Members here who wish to speak on this issue. I hope we can pass this alternative, some $421 billion, to what has now surged to over $1 trillion. It probably may not pass for the reasons of numbers, but if we do not sit down and negotiate and come up with a package that is more than a $50- or $60- or $80 billion reduction, when we are talking about $1.2 trillion, the American people will not be well served.

   They will not be well served by requiring Davis-Bacon, they will not be well served by requiring ``Buy American,'' they will not be well served by spending their hard-earned dollars on unnecessary programs that even though in the eyes of some may have virtue, have no or very little association with job creation and relief for Americans who are struggling to stay in their homes and either keep their jobs or go out and find a new one.

   I believe the United States of America will recover from the economic crisis. I have a fundamental faith, belief, that American workers are the most productive, the most innovative, and the best in the world. But they need some help right now. What they need is the right kind of help.

   I urge my colleagues, when you see the money that is being spent in the name of job creation and stimulus that is laying a debt burden on our children and our grandchildren, we need to have serious consideration of this kind of spending because it is not fair, not only to this generation of Americans but to future generations as well.

Down the drain?  Beware of Obama's plan to 'spread the wealth around'

By Betsy Newmark
High School History and Government Teacher/Blogger

If the McCain campaign can’t use this Obama quote to raise doubts about his attitude towards wealth and success, then they deserve the shellacking they seem headed for.

“Your new tax plan is going to tax me more, isn’t it?” the plumber asked, complaining that he was being taxed “more and more for fulfilling the American dream.”

“It’s not that I want to punish your success. I just want to make sure that everybody who is behind you, that they’ve got a chance for success too,” Obama responded. “My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody … I think when you spread the wealth around, it’s good for everybody.”

Plumbers of the country, unite! Forget about the work and effort you put into building up a business or the scummy work that you do that many of us don’t know or don’t want to do. If you have succeeded, you should be willing to give up more of what you earn to help those who haven’t had the great good luck that you have had to be a successful plumber. Remember how Obama is going to give 95% of all of us a tax cut even though over 30% of the population doesn’t pay taxes?

He might call it a tax credit, but what he’s really doing is his vision of “spreading the wealth around.” It sounds a lot like Huey Long’s 1935 plan to “Share the Wealth.” And when he finds that he can’t tax the top 5% of the population to gain enough wealth to spread to the 95% of the rest of us, do you really think that he’ll stop with that 5%?

Remember…This is the guy who said in the ABC debate during the primary season that his approach to raising tax on capital gains is not based on whether it would provide more revenue but on his idea of what is fair:

GIBSON: All right. You have, however, said you would favor an increase in the capital gains tax. As a matter of fact, you said on CNBC, and I quote, “I certainly would not go above what existed under Bill Clinton,” which was 28 percent. It’s now 15 percent. That’s almost a doubling, if you went to 28 percent.

But actually, Bill Clinton, in 1997, signed legislation that dropped the capital gains tax to 20 percent.

OBAMA: Right.

GIBSON: And George Bush has taken it down to 15 percent.

OBAMA: Right.

GIBSON: And in each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down.

So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

OBAMA: Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness.

Just what we need in these fragile economic times — a guy who wants to raise taxes because he thinks it’s a matter of “fairness” and time to “spread the wealth around.”

That will be some incentive for other plumbers who want to work hard and build up a successful business.

But don’t worry - according to Joe Biden, it’s the patriotic thing to do.

So refreshing to have someone on this board that can actually think for themselves.  I have such vivid memories of my dad dressing up in his class A's to go to war, and coming into my room crying at 4:00 a.m. in the morning to say goodbye, not knowing if we would ever see one another again.  Thankfully, he did 1 tour in Korea before I was born, two tours in VN, and we lived on an Army base 25 miles from the Berlin wall when I was 6 years old.  If there was ever an american girl, it is me and my brother.  That "american girl" posting on here all the time, if she had to earn her FFFF freedom she would learn to keep her mouth shut.

It seems like one of first major priorities would be to ensure fair voting practices.  I'm very worried about the accuracy of computerized voting and possible tampering. 

If Sara Palin came on the scene as an Independent and ran against McCain & Obama, think how that could've changed things! 

As a conservative, I'm thrilled to see someone who knows how to play ball with the big boys.  Funny how the feminists want all this equal rights stuff, then shoot this lady down before they really know anything about her.

I wonder how upset Hillary's supporters are over this.  Time will tell, not just polls.

It should be interesting what history reveals in the end.  Either way, this race will go down in the books as a first.  That in itself is interesting.

Two late nights in a row for me...thank GOD it's Friday! :)

Since I only heard a snippet of this so far, the governor was trying to have others pay him to appoint them to take the O's senate seat?

If so (and don't bash, I'm asking a very serious question here), could this be how the O came up so quick? He paid for his senate seat?

The gov doesn't look like he thinks he did anything wrong. He's kinda young looking too. Could it be because Illinois has always had corruption like this? Gee, I think I'll go to Illinois and run for senator. LOL

While I'm on a housecleaning campaign, the only woman I find more distasteful than Sarah Palin and Hillary Clinton is Nancy Pelosi.  She had her friends need to GO.

STILL VOTING A WRITE-IN VOTE FOR LOU DOBBS!!!! and T. Boone Pickens.

here's what I think:  IF Obama is elected, then look out for the White Supremists, a dispicable group, IMHO, right up there with the KKK.  Now........how racist am I?   I hate these racist issues no matter what color they come from.  We are ALL God's children, yellow, red, black and white, we are precious in his sight.  So why can't the Black Power AND the White Supremsts let it go already?????  Why can't we be just AMERICANS, not African-Americans, not Vietnamese-Americans, not Irish-Americans, not Chinese-Americans.......just AMERICANS?????????????  Can you answer me that?  Oh, I know, it's politically correct to say AFRICAN-Americans.  Nonsense.

VOTING A WRITE-IN VOTE FOR LOU DOBBS!!!

   I think we are all bushed;  now, after all this bickering, I, as a democrat, feel like a 'sore winner. '  Yesterday a poster used this term and is accurate. 

I suggest that we all take a couple of days a break from the politics board to cool down.  I will do this.  So long!  

Obama wants to eliminate coal. Doesn't even think about clean coal. Why?

My husband would like to know: We have 250 years of coal for heating and power plants. Why abandon the coal industry?

How many people are killed in interstate truck traffic/automobile accidents because people are driving on the interstate at unsafe speeds?

How many people are killed in coal mines every year?

How many people are killed in other industries like steel, airlines, etc.?

How many people are killed in vacation accidents, be it a boat, surfing, fishing, swimming, etc.?

The bottom line is, less people are killed every day in activities they choose to do. Coal has less deaths than any of the above. Yet, coal accidents hit the front pages all the time. A coal mine accident where 1 person dies is too much, yet it's better than the above.

Obama wants to take away the most important resource we have in this country. Coal mining is one of the safest industries we have. If a few people die in mines, what makes it any better than other industries that AREN'T pasted all over the front pages?

He doesn't agreeagree with doing away with coal. Why not hydroelectric? What's wrong with that?

Can anyone explain why coal should not be used at until we find an AFFORDABLE alternate energy for everyone? Solar is not affordable for most people. We have been trying to figure out an alternate source of energy for our own home for the past 3 years. Since we are in the NE, solar would not work for us. Coal Does.

Anyone want to comment?

...your posts have been so pleasant to read.  Please keep posting. 

Hope you have a great weekend, as well. 

Most people who voted for O did it for instantaneous change. Most of them think this will happen overnight, as soon as he becomes president, and most will be very disappointed.

They voted for a man who was always upbeat and full of promises. Now that he's been elected, his speeches have changed, and I only hope those who voted for him won't be impatient for the changes he promised or this country will be in worse shape than before.

Republicans on this board are consistently whining about how dems don't want to hear their side.  Well, this is a perfect example of why you don't get meaningful dialogue.  When faced with a question or asked to explain a point of view you guys just clam up after shooting out some ridiculous one liner that most of the time doesn't even make sense.