Taxes
What is shocking about the presentation by Bush -- and the deal that is unfolding is that we don't see any acceptance of responsibility for the failure of his team's stewardship of the economy.
Each day that passes without legislative action means greater potential for job loss, decreased investment and ultimately less domestic production of renewable energy.
Taxpayers need equity in the companies we are saving. Once those investments pay off, we will have gotten nothing for our money. We will absorb the losses but get nothing for the gains.
So what does this mean for Senator McCain, Senator Obama and the rest of us? Even before the financial crisis, both candidates were offering plans that were fiscally doubtful, to say the least.
WHAT'S HAPPENING
I believe in the free market economy, but once an entity becomes "too big to fail" it introduces the possibility that government intervention is a justifiable remedy.
The decades of false conservative attacks against progressive taxation have reached their limit. Conservative credibility concerning governance is shot.
Global warming take that, and be damned! John McCain gets emotional when he cries out that taxes should not be raised. That
McCain's new ad claims that Obama "says he'll raise taxes on electricity." That's false. Obama says no such thing. McCain
New government estimates show that the federal government will be in a big hole in fiscal 2009 -- a $546 billion deficit. They also help show how we got into this hole -- and the answer may surprise you.
During the debate, McCain claimed that "the last president to raise taxes during tough economic times was Herbert Hoover." In fact, it was Ronald Reagan, and John McCain helped him do it.












