The political password of Obama is the need for "change, America is heading in the wrong direction", the question is, which direction should America take to solve its economic and military problems? Perhaps a look at rather recent history since World War II can provide evidence as to the right way to go?


At the end of World War II, socialism, under the guidance of Communist Soviet Union, was spreading rapidly throughout the world. America countered by supporting and making alliances with governments that wanted to remain free of communism. Both America and the USSR developed nuclear missiles as an impediment to military action by the other side. The "cold war" took on a more heated and scary reality.


The Soviets beat America into space with "Sputnik", and later with the first man in space. President Kennedy responded with the first man on the Moon project. The only trouble was he needed an enormous amount of money to do this. So he reduced taxes, which spurred America ’s free enterprise economy, more people working and paying taxes helped finance this huge space program.


Later, when President Reagan, labeled the "cowboy" from Hollywood was elected president, the cold war was still a major problem for America. What to do? He lowered taxes. The free enterprise economy once again provided large gobs of money.


Margaret Thatcher in the UK was also faced with a dire economic situation when she took office. Things turned around when she sold off the government run socialist businesses to private enterprise, their free enterprise economy took off and the UK prospered.


Gorbachev, the Soviet leader was amazed on how well the free enterprise system was out-performing his socialist system. When Ronald Reagan boldly announced that he was fed up with the Soviet "evil empire", and threatened to launch the "Star Wars" program, this shocked Gorbachev, for he’d come to realize that the Soviet socialized economy could not compete with the free enterprise economy.


So miracle of miracles, at the insistence of Ronald Reagan, Gorbachev tore down the Berlin Wall, and started the process of democratizing Russia, which brought an end to the cold war.


However, what didn't happen was stopping the insidious penetration of the superiority of a socialist controlled economy over free enterprise in the minds of America ’s left wing leaders in government, the media, the schools, and even the courts.


More recently, President George W. Bush inherited an economy headed into a recession. He got the message on reducing taxes, but was confronted by the left-wingers in congress, so he compromised by agreeing to a time limit on reduced taxes. The economy picked up and remained strong until the sub-prime lending fiasco, which was the fault of irresponsible lenders and borrowers, not of President Bush!


At this time, America is faced with choosing a new president, Obama vs. McCain. Both are calling for a change.


So which type of change is best for America?


On the one hand, Obama believes it’s best to let the tax reduction act of President Bush expire. He believes that industry will continue to produce plenty of taxable income.


But what have we learned from recent history? It will do just the opposite.


With much higher taxes, it’ll be harder for free enterprise businesses, small and large, to develop new and better ways of producing marketable products and services. Unemployment will increase, reducing the availability of taxable income to government.


Raising taxes will also hinder the development of internal sources of energy. America ’s dependence on foreign oil has led to excessively high gasoline prices. America must move aggressively to eliminate this problem and that will require strong financial support.


With Obama’s tax increase, everybody loses, especially the unemployed worker and the poor (less money available from private and government charitable programs).



McCain on the other hand promises to fight for an extension of the tax reduction act and stop pork barrel spending, which recent history proves works wonders for the economy. And a strong economy is what’s really needed to help the poor and the underprivileged.


Wake up America; Vote for those who favor a free market economy as opposed to those who prefer more restrictions and higher taxes. McCain may be far from perfect, but at least he’s experienced enough to learn these important lessons from history. Even the Chinese communist government has figured out that a free enterprise system works far better than a socialized economy. Even under their less then desirable communistic rule, their economy is booming and providing their government with massive amounts of money. Somehow Obama has not yet learned these important lessons from history, namely the value of low taxes and a free enterprise system.


In conclusion; a vote for McCain will most benefit all Americans.
But it’s equally important that we also elect free enterprise, low tax candidates (Right Wing Republicans) into Congress to assure rapid passage of bills critical for improving the economy, lowering gas prices and curbing unemployment.

Where do you get your propagander from?

According to The Tax Policy Centre http://www.taxpolicycenter.org/taxtopic ... matrix.cfm

This is Obamas Tax cutsPolicy:
Refundable Making Work Pay tax credit of 6.2 percent of earnings up to a maximum of $8,100

Refundable Universal Mortgage Credit of 10 percent or mortgage interest for nonitemizers, capped at $800 ($8,000 of interest)

Eliminate income tax for senior making less than $50,000 per year

First-time buyers tax credit for new farmers

Small Business and Microenterprise Initiative tax credit of 20 percent on up to $50,000 of investment in small owner-operated businesses

This is McCains:
Allow first-year deduction of 3 and 5-year equipment, deny interest deductions (expires)

Reduce maximum corporate tax rate from 35 to 25 percent

Increase the dependent exemption by 70 percent

Suspend the federal gas tax (18.4 cents per gallon from this Memorial Day until Labor Day


Obamas policy on Adjustments to Existing Credits:
Make R&D and renewable enery production tax credit (wind, solar) permanent

Extend childless EITC phase-in range and increase phaseout threshold, double the phase-in and phase-out rates for childless individuals paying child support, increase EITC phase-in rate to 45 percent for families with three or more children; increase add-on to EITC phase-out threshold for married filers to $5,000

Make CDCTC refundable and allow low-income families to receive up to a 50 percent credit for child care expenses

Make saver's credit refundable and change to a 50 percent match of the first $1,000 of savings, phases out beginning before $75,000

Increase Hope credit 100% match rate to $4,000 for college education and make refundable, rename American Opportunity Tax Credit

Mandate automatic 401(k)s and automatic IRAs


McCains Policy:
Convert R&D credit to 10 percent of wages incurred for R&D, make permanent


Obamas Capital Gains Policy
Increase maximum capital gains rate to 25 percent

Require information reporting of basis for gains

Eliminate capital gains taxation of start-up businesses and provide capital gains tax break for landowners selling to beginning family farmers


McCains Capital Gains Policy:

Keep the current rates on dividends and capital gains


Obamas Policy on The Bush Tax Cuts:
Permanently extend marriage penalty relief, adoption credit expansions, 10,15,25, and 28% rates, EITC simplification

Restore 36 and 39.6% statutory income tax rates, Restore PEP and Pease phaseouts for households making more than $250,000, increase in PEP and Pease threshold


McCains Policy
Make permanent all provisions other than the estate tax repeal


Obamas Policy on Alternative Minimum Tax:

Extend and index 2007 AMT patch


McCains Policy
Extend and index 2007 AMT patch, further increase exemption by 5 percent in excess of inflation after 2013 (temporarily)


Obamas Policy on Estate Taxes
Make permanent estate tax with $3.5 million exemption and 45 percent rate


McCains Policy
Make permanent estate tax with $5 million exemption and 15 percent rate


Obamas Policy on Revenue Raisers and Tax Havens
Eliminate oil and gas loopholes

Close loopholes in the corporate tax deductibility of CEO pay

Tax carried interest as ordinary, Increase the highest bracket for capital gains and dividends

Reallocate multinational tax deductions

Codify economic substance doctrine

Create international tax haven watch list

Other unspecified revenue raising provisions


McCains Policy:
Eliminate oil and gas loopholes

Unspecified corporate base broadeners

Eliminate earmarked projects from the budget, freeze nonmilitary discretionary spending for one year, eliminate programs


Obamas Policy on Simplification of the Tax System:
Give taxpayers the option of pre -filled tax forms to verify, sign, return to IRS


McCains Policy:
Give taxpayers the option of an alternative tax system with two rates and a larger standard deduction and personal exemption


Obamas Policy on Health
Income-related federal tax subsidies for health insurance


McCains Policy
Replace exclusion from income for employer sponsored health insurance with refundable credit of $2,500 for individuals and $5,000 for families


Obamas other Tax Policies
Social Security/payroll taxes: increase the maximum amount of earnings covered by Social Security


McCains Other Policy
Require a 3/5 majority vote in Congress to raise taxes

Ban internet and cell phone taxes

Higher premiums for Medicare prescription drug coverage for single people earning more than $82,000 and couples earning more than $164,000

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IMO the economy is the key to the next election, the candidate with the best economic blueprint for the future should have your vote, regardless of your personal political prejudice and long term affiliations.