Blogs For Victory

While Obama plays the class warfare game, John McCain lays out a plan to help actual Americans deal with the real problems of the day:

We must restore trust to our financial system. On my orders, the Department of the Treasury will guarantee one hundred percent of all savings accounts for a period of six months. This will calm the understandable fears of widespread bank failure, while also restoring rational judgment to the choices of the market.

As president, I will also act to protect investors — especially those relying on their investments for retirement. Current rules mandate that investors must begin to sell off their IRAs and 401Ks when they reach age 70 and one half years old. Those rules should be suspended to spare senior citizens from being forced to sell their stock just as the market is hurting the most…

…It is essential that we avoid an exodus of capital from the market. Senator Obama yesterday offered up a proposal that would have the effect of encouraging early withdrawal of funds from 401(k) accounts, by suspending penalties through 2009. This is an invitation to capital flight, and therefore to continued instability in the market, at a moment when exactly the opposite is needed… I will cut in half the capital gains tax on stocks purchased and held for more than a year…

…It will not be enough for the federal government to correct the excesses of Wall Street without reforming its own reckless practices.

Spending in Washington is out of control and I am going to rein it in. As president, I will veto the pork barrel special interest projects that are wasting your tax dollars, driving up our debt, and weakening our dollar. I have proposed a one year spending freeze with certain exceptions for such things as defense and veteran care. We are going to use that year to turn Washington inside out and get rid of wasteful, inefficient programs that do no one any good.

While we put government back on your side, we must reform our tax system to deliver needed tax relief to working Americans, and to create jobs. I will double the child deduction, from 3,500 dollars to 7,000 dollars. Every person in America who chooses it will receive a 5,000 dollars towards the purchase of health insurance — health plans that will be theirs to keep, even if they change jobs or move to another state. And we will reduce the federal business tax rate from 35 percent — the second-highest in the world — to 25 percent. I am also proposing today that for those who are between jobs, we eliminate all taxes on unemployment benefits. It is unclear to me why the government taxes money it has just sent you, and we should relieve this burden from Americans who’ve been hit the hardest.

Reducing business tax rates has the potential to stop and reverse the rise of unemployment, and could create millions of new jobs. Despite the frequent changes to my opponent’s tax plans in recent months — he seems to revise them with each new poll — his plan to raise taxes on 50% of small business income has survived. And even as he rails against companies that shut down their plants and move overseas, he refuses to cut the tax rate that drives many of these companies away…

…This weekend, a plumber concerned that Senator Obama was going to raise his taxes asked him directly about his plan. The response was telling. Senator Obama explained to him that he was going to raise his taxes to quote “spread the wealth around.” This explains how Senator Obama can promise an income tax cut for millions who aren’t even paying income taxes right now. My friends, my plan isn’t intended to force small businesses to cut jobs to pay higher taxes so we can “spread the wealth around.” My plan is intended to create jobs and increase the wealth of all Americans.

My plan for economic recovery does not require guesswork or blind faith from the American people. You know my record. You don’t have to hope I will do what I promise. When I say I will cut spending, you need only look at my record to know it’s true. When I say I will defend taxpayers, you know it’s true because it’s what I’ve always done. When I say I will work across the aisle, you can see it in the results I’ve delivered.

And when I say I will change Washington, you know I’ll do it, because for me change isn’t a political slogan, it’s what I’ve been doing my whole career.

This is a bold, Reaganesque plan to re-start and economy currently burdened by years of bad financial practices encouraged by corrupt Congressional Democrats – what this financial crisis really boils down to is years of Democrat back scratching between Congress and Fannie/Freddie finally coming home to roost and the Democrats sticking the American people with the bill and then blaming the free market for the problems Democrats created.

We GOPers share the fault here – we didn’t go hard enough after Democrats and their leftwing allies. People like Frank, Dodd, Rangel and the people who run groups like ACORN should have seen the inside of a jail cell years ago rather than being allowed at the pinnacle of American power and wealth. We have found out that extreme nastiness must never deter us in the future from protecting the American people – it would be worth it to lose an election after sending Frank to jail, you see? Let them belabor us on the campaign trail as homophobes or what have you – but lets enforce the laws and go after corruption everywhere and all the time. It wouldn’t disturb any of us, I think, if Abramoff and the directors of ACORN were sharing a cell, now would it?

In John McCain and Sarah Palin we have the two people who, if they win, will owe absolutely nothing to the powers that be in DC and Wall Street. The entirety of the American elite, including a selection of the conservative elite (which persons are soon to be drummed out of the club, if we rank-and-filers have our way about it) has risen as one man to defeat McCain and elevate Obama, because in Obama they see a man who will allow things to go on as they are now…with the people who are on top today being on top tomorrow and no risk of a nasty criminal investigation in to just what has been going on with the financial system over the past 10 years or so.

For the sake of our families and the economy we depend upon but, also, for the sake of our free institutions, we must elected McCain/Palin. Allow Obama’s corrupt minions four years of unfettered power in DC and the United States government will become a sick joke, and America a much weaker nation in the world, despised as a banana Republic which can be bought on the open market by the highest bidder. We have it in our power to prevent this – to rise, ourselves, as one man and tell the elites that while they have been able to fool a good number of our fellow Americans, they didn’t fool a majority of us.