McCain's Economic Speech - 07-07-2008 - U2 Feedback

Go Back   U2 Feedback > Lypton Village > Free Your Mind > Free Your Mind Archive
Click Here to Login
 
 
Thread Tools Search this Thread Display Modes
 
Old 07-07-2008, 07:04 AM   #1
ONE
love, blood, life
 
Join Date: Aug 2002
Posts: 10,881
Local Time: 04:18 AM
McCain's Economic Speech - 07-07-2008

Big speech and endorsements today? Thoughts?
__________________

__________________
Dreadsox is offline  
Old 07-07-2008, 07:41 AM   #2
Rock n' Roll Doggie
Band-aid
 
maycocksean's Avatar
 
Join Date: Jan 2006
Location: The Most Important State in the Union
Posts: 4,882
Local Time: 04:18 AM
Quote:
Originally Posted by Dreadsox View Post
Big speech and endorsements today? Thoughts?
Missed it. Any links or articles about it?
__________________

__________________
maycocksean is offline  
Old 07-07-2008, 10:41 AM   #3
Blue Crack Supplier
 
Irvine511's Avatar
 
Join Date: Dec 2003
Location: Washington, DC
Posts: 30,473
Local Time: 04:18 AM
this was my favorite line:

[q]“The McCain administration would reserve all savings from victory in the Iraq and Afghanistan operations in the fight against Islamic extremists for reducing the deficit. Since all their costs were financed with deficit spending, all their savings must go to deficit reduction.”[/q]
__________________
Irvine511 is offline  
Old 07-07-2008, 04:42 PM   #4
Rock n' Roll Doggie
VIP PASS
 
Vincent Vega's Avatar
 
Join Date: Jul 2005
Location: Berlin
Posts: 6,615
Local Time: 10:18 AM
What are these "savings from victory"?
__________________
Vincent Vega is offline  
Old 07-07-2008, 04:52 PM   #5
Forum Moderator
 
yolland's Avatar
 
Join Date: Aug 2004
Posts: 7,471
Local Time: 10:18 AM
Quote:
Originally Posted by maycocksean View Post
Missed it. Any links or articles about it?
text of the speech

the campaign's just-released economic policy paper (.pdf) (this is what Irvine was quoting from)

brief article about the speech from The Hill (or check any news aggregator site; there are many articles)
__________________
yolland [at] interference.com


μελετώ αποτυγχάνειν. -- Διογένης της Σινώπης
yolland is offline  
Old 07-07-2008, 05:06 PM   #6
Blue Crack Addict
 
deep's Avatar
 
Join Date: Apr 2002
Location: A far distance down.
Posts: 28,501
Local Time: 01:18 AM
Quote:
“The choice in this election is stark and simple,” McCain said. “Sen. Obama will raise your taxes. I won’t.”
that seem to work in the past?
will it play in 2008?


Quote:
The GOP standard-bearer, however, said his plan would get the economy back on track and balance the budget by promising to make the government “a catalyst for growth and good jobs.” He blamed Congress and the Bush administration for letting federal spending get out of hand.

“This Congress and this administration have failed to meet their responsibilities to manage the government,” he said. “Government has grown by 60 percent in the last eight years. That is simply inexcusable.”

McCain said he would freeze most federal spending and review all government programs to eliminate waste.

Hard to make a case that McCain is Bush's 3rd term
when he openly attacks it.
__________________
deep is online now  
Old 07-07-2008, 05:17 PM   #7
Blue Crack Supplier
 
Irvine511's Avatar
 
Join Date: Dec 2003
Location: Washington, DC
Posts: 30,473
Local Time: 04:18 AM
Quote:
Originally Posted by deep View Post

Hard to make a case that McCain is Bush's 3rd term
when he openly attacks it.


but he wants to keep Bush's tax cuts.

hard to see how he's going to balance the budget in his first term.

of course, under his stalwart leadership, he's going to "win" in Iraq and Afghanistan, and so all that wanton spending will come pouring back home and fill our coffers.

so we have a timetable for total withdrawal in Iraq *and* Afghanistan?
__________________
Irvine511 is offline  
Old 07-07-2008, 05:20 PM   #8
Blue Crack Addict
 
deep's Avatar
 
Join Date: Apr 2002
Location: A far distance down.
Posts: 28,501
Local Time: 01:18 AM
Quote:
Originally Posted by Irvine511 View Post
but he wants to keep Bush's tax cuts.

hard to see how he's going to balance the budget in his first term.
they expire.


unless congress, extends them.


do you thing the new congress will extend them ?

or perhaps, something for low and middle income tax payers ?
__________________
deep is online now  
Old 07-07-2008, 05:24 PM   #9
Blue Crack Supplier
 
Irvine511's Avatar
 
Join Date: Dec 2003
Location: Washington, DC
Posts: 30,473
Local Time: 04:18 AM
Quote:
Originally Posted by deep View Post
they expire.


unless congress, extends them.


do you thing the new congress will extend them ?

or perhaps, something for low and middle income tax payers ?


McCain's position is that he will work to make the tax cuts permanent. this is in direct contradiction to his previous position.

whether or not he will be successful with what is shaping up to be a heavily democratic new congress remains to be seen.
__________________
Irvine511 is offline  
Old 07-07-2008, 05:31 PM   #10
Blue Crack Addict
 
deep's Avatar
 
Join Date: Apr 2002
Location: A far distance down.
Posts: 28,501
Local Time: 01:18 AM
Quote:
Originally Posted by Irvine511 View Post
whether or not he will be successful with what is shaping up to be a heavily democratic new congress remains to be seen.
1. they expire (period)

2. remains to be seen ?



what are the odds?

as a percentage, I would put it at less than 2 %
__________________
deep is online now  
Old 07-07-2008, 05:39 PM   #11
Blue Crack Supplier
 
Irvine511's Avatar
 
Join Date: Dec 2003
Location: Washington, DC
Posts: 30,473
Local Time: 04:18 AM
Quote:
Originally Posted by deep View Post
what are the odds?

as a percentage, I would put it at less than 2 %



possibly, but heck, with all this new money pouring in from our "wins" in Iraq and Afghanistan, we just might be able to keep the tax cuts!

or, back in reality, we'll realize that deficit spending to fund wars does not result in increased revenue when we stop funding these wars. tell me, Mr. McCain, what's the budget mark down for "victory"? what are the numbers for this? or is this just a lot of empty talk about vague notions of change? going to zero cost in Iraq/Afghanistan/(i assume we'll get the bomb, bomb, bomb, bomb, bomb, Iran-ing over in a year?) does not actually save us money. when this miracle occurs, all it will do is stop us from spending money we've never had in the first place. we'll simply lose less money.

this is the straight-talk express?
__________________
Irvine511 is offline  
Old 07-07-2008, 05:40 PM   #12
Blue Crack Addict
 
anitram's Avatar
 
Join Date: Mar 2001
Location: NY
Posts: 16,272
Local Time: 04:18 AM
You seem to have faith in this Congress. I don't. I think they've all managed to convince themselves that they have to cater to some imaginary center or will get voted out of office so that even numbers don't mean a thing. Not to mention, at least the Republicans hold their people in check.

This economic plan is stupid, but that's like saying that the sun will rise in the East tomorrow. McCain knows nothing about the economy and this isn't his strong suit or something he will run on anyway. There is no such thing as victory "savings" - talk about a totally disingenous way to put things. If you put an end to war spending that is not savings for heaven's sake, it's a reduction in spending.
__________________
anitram is offline  
Old 07-07-2008, 06:38 PM   #13
BVS
Blue Crack Supplier
 
BVS's Avatar
 
Join Date: Aug 2002
Location: between my head and heart
Posts: 40,655
Local Time: 03:18 AM
Victory savings...

Quote:
I don't know much about economics.
No shit John.
__________________
BVS is offline  
Old 07-07-2008, 07:21 PM   #14
Blue Crack Addict
 
deep's Avatar
 
Join Date: Apr 2002
Location: A far distance down.
Posts: 28,501
Local Time: 01:18 AM
Quote:
Originally Posted by anitram View Post
You seem to have faith in this Congress. I don't.
I think you were talkin to me.

So yeah, with 56+ maybe even 59 0r 60 Democrats
I am taking a leap of faith

that they will grow a pair

will they be able to scrap up one more testes ?
(we know Hillary has one, I read it on Drudge Report).
__________________
deep is online now  
Old 07-07-2008, 07:57 PM   #15
Blue Crack Addict
 
U2democrat's Avatar
 
Join Date: Aug 2004
Location: England by way of 'Murica.
Posts: 22,140
Local Time: 09:18 AM
So you're willing to take a leap of faith with congress but not Obama?
__________________

__________________
U2democrat is offline  
 

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -5. The time now is 04:18 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Design, images and all things inclusive copyright © Interference.com