The Top 10 Reasons Obama Could Make A Great President (Part 2)

In our first segment, we listed the top 10 reasons we think Obama could make a great President. We are happy to see in our readings on the web that so many people are excited and happy about Obama’s election. We are also happy to see how well received it was internationally as well.

As with any new President, though, of course there have to be concerns regarding what could go wrong in a new Presidency. So we are presenting the top 10 reasons we are concerned about Obama’s election. We intend to follow up each segment with an article that summarizes these concerns just like we will follow up on Part 1.

Thanks for reading.

Here are our 10 major concerns about Obama’s promises and election.

  1. A scary health plan policy that will indirectly tax the healthy to pay for the sick, poor and elderly, shifting entitlement expenses such as Medicare to healthy Americans and small business.
  2. Increased tax rate unfairly and inequitably targets small business. Massive tax hikes on small business combined with required healthcare could bankrupt small businesses and result in a sharp loss of American jobs.
  3. Despite the incredible success of the Surge, the desire to end the Iraq war will likely not work. This could result in Iran invading Iraq, Civil War, genocide or worse.  At the very least, Americans are likely to be disappointed as we find it cannot be done and the costs continue to spiral out of control.
  4. Increased welfare and education costs for the not-so-needy. Problems in the welfare system are what started the Republican Presidential run. Abuse of government programs is just way too easy.
  5. Higher cap gains and dividend tax could result in a major adjustment further downward in the stock market. The current tax system for stock investments is already incredibly unfair to anyone that loses money, and sharply overtaxes those that earn it even short term. Dividends are a central source of retirement income, taxing them unfairly targets the elderly.
  6. Increased terrorism could occur if the expectations internationally of Obama are too high, and they get disappointed when nothing changes or if we get aggressive against Al Qaeda.
  7. Assassination risk of Obama is high within the US. This is something we truly worry about. It would be a disaster to see our first multi-cultural President physically harmed in any way.
  8. Social Security problems will be deferred for 10 years under Obama’s plan, and higher taxes will only address the problem short term. The plan for raising Social Security taxes 10 years from now is unrealistic and defers the problem to Obama’s successor.
  9. Obama has made way too many campaign promises. Disappointment could be high as his policies fall apart.
  10. The balance of power has shifted dramatically liberal.  The loss of current checks and balances in the system between Democrats and Republicans could allow too many liberal programs to propagate. This could result in a massive deficit well in excess of we are are today.

We would like to throw in something we fear a bit that is not really a concern regarding Obama, but something we are sick of hearing and hope as we move forward stops. We have constantly heard the blather about everything in God’s creation being Bush’s fault. In many cases, the issues being discussed as Bush’s fault had little or nothing to do with him or his policies.

We sincerely hope that if Obama’s plans start to fail,  we don’t just continually see what we refer to as “excuse politics”. We don’t want to hear…this failed because of Bush and we couldn’t do that because of Bush. We are hoping the Democrats mean it when they speak of non-partisan politics, but their recent attacks on Lieberman seem to indicate they are as partisan as ever.

9/26 Presidential Debate 2008: How Can Liberals Say Obama Won? You Have To See This.

This segment has 30 comments from Senator Obama in this debate that are direct quotes from the transcript with our responses to each.  Here are the quotes and our responses. All quotes are taken directly from the transcript.

When asked about our current financial crisis, Obama responded

1. “But we’re also going to have to look at, how is it that we shredded so many regulations? We did not set up a 21st-century regulatory framework to deal with these problems. And that in part has to do with an economic philosophy that says that regulation is always bad.”

Fact is, there are much heavier regulations than ever on our businesses. The reporting of stock options, Sarbanes Oxley, and stricter SEC reporting requirements have cost corporate America billions, sent some into bankruptcy, often forcing them to sell to larger corporations or severely delaying financial reports. We allow Chinese companies, like China Energy Savings Technology (CESV) enter our markets without any proof of their viability and let them steal American investors money as they collapse when it is proven they never had a viable business in the first place or any of the cash they claimed they had. Don’t you think you should instead prevent that and help American Companies reduce their costs so they can create more jobs?

In addition, what specific regulations do you think were shredded Senator Obama?  Wasn’t it Barney Frank, a Massachusetts Democrat, that backed bills specifically to force banks to provide mortgages to people that were not credit worthy, and wasn’t it also Barney Frank and the Democrats that fought legislation by the Bush administration in 2003 that would have more stringently regulated Fannie Mae and Freddie Mac?  Didn’t government regulations instituted and endorsed by Democrats lead to this problem in the first place?

2. “I mean, we’ve had years in which the reigning economic ideology has been what’s good for Wall Street, but not what’s good for Main Street.”

Wasn’t Wall Street doing swimmingly well during Bill Clinton’s reign with record low interest rates set by Alan Greenspan? Didn’t Main Street benefit with record low unemployment and strong job creation? We fail to see the correlation between Wall Street doing well and Main Street doing badly.

3. “Well, Senator McCain is absolutely right that the earmarks process has been abused, which is why I suspended any requests for my home state, whether it was for senior centers or what have you, until we cleaned it up.”

But didn’t you do that after you decided to run for President Senator? Prior to that you appeared to clearly support the earmark system asking for $932 million for your state alone.

4. “What I do is I close corporate loopholes, stop providing tax cuts to corporations that are shipping jobs overseas so that we’re giving tax breaks to companies that are investing here in the United States.”

Specifically what loopholes do you close? You seem to imply you want to provide loopholes to companies investing IN the United States. Would that include Exxon? Didn’t you criticize John for tax breaks that would include the oil companies?

5. “And I pay for every dime of it.”

Senator, with all due respect, you don’t pay for diddly squat. We do, including your salary. If you mean you have a way for US to pay for all your 400 billion dollars worth of programs, show us how. We don’t believe it. Words are cheap.

6. “My definition — here’s what I can tell the American people: 95 percent of you will get a tax cut. And if you make less than $250,000, less than a quarter-million dollars a year, then you will not see one dime’s worth of tax increase.”

How will that sort of tax system pay for $400 billion dollars in new programs?

7. “John, you want to give oil companies another $4 billion.”

When you provide a corporate tax break, you cannot exclude certain businesses because they are successful. That is ludicrous. Your own tax plan says you will reward companies that invest in America. Many oil companies do, so wouldn’t your plan reward them too? Besides Senator, the oil companies are going to make that money anyway, because if you raise their taxes, they will just raise the price on gas and oil. You are just placing the burden on the consumer. Let the oil companies drill, build refineries and expand the use of other resources within the US at their expense. That will create jobs, lower the price of oil and gas and reduce our trade deficit allowing us to put that money to good use, like alternate energy sources for example.

8. “And if we want to talk about oil company profits, under your tax plan, John — this is undeniable — oil companies would get an additional $4 billion in tax breaks.”

But you have a tax program that would reward them as well, and how does that 4 billion stack up against your 400 billion in new programs you claim you can pay for?

9. When asked what programs he would give up…

“Well, there are a range of things that are probably going to have to be delayed.”

How long would you delay your promised programs? Until you are no longer in office perhaps, blaming the failure to institute those programs on the Republicans? We hope you don’t go that route Senator, because if there are reasons your programs cannot be instituted, and you really don’t have a plan to pay for them, you should be telling us now!

10. “We have to have energy independence, so I’ve put forward a plan to make sure that, in 10 years’ time, we have freed ourselves from dependence on Middle Eastern oil by increasing production at home”

OK, now we have heard enough. How do we increase production without drilling and without using coal and other natural resources more extensively? Will you stop talking about what you will do, and give us a fact or two on the hows?

11. “…most importantly by starting to invest in alternative energy, solar, wind, biodiesel, making sure that we’re developing the fuel-efficient cars of the future right here in the United States, in Ohio and Michigan, instead of Japan and South Korea.”

Japan constructs many of their cars here, providing American jobs. Many American corporations like General Motors have partnerships with Japanese car companies that have been mutually beneficial. The primary problem with the American auto companies has been poor quality and expensive labor. How do you suggest we get the companies to build more complex cars with better quality and with lower costs? Perhaps more automation? But wouldn’t that cut jobs?

In addition, it has been primarily American car companies that have fought mileage rules like you propose. The reason? The rules favor the smaller cars better manufactured in Japan and South Korea!  Perhaps you would do better getting higher mileage vehicles, on average, by shutting down American auto manufacturers?

12. “We have to fix our health care system, which is putting an enormous burden on families. Just — a report just came out that the average deductible went up 30 percent on American families.They are getting crushed, and many of them are going bankrupt as a consequence of health care. I’m meeting folks all over the country. We have to do that now, because it will actually make our businesses and our families better off.”

While we agree, wouldn’t it be better to get our costs under control like reducing the trade deficit before we attack such a huge problem? Estimates are your plan will cost at least $150 billion dollars. You want to cover people with pre-existing conditions, but wouldn’t that encourage people to just join the plan AFTER a health problem becomes obvious? The costs would be huge for that kind of plan.

13. “Well, look, I want to make sure that we are investing in energy in order to free ourselves from the dependence on foreign oil.”

How? Specifically, and on what time table? You don’t support drilling, you don’t support nuclear, you don’t support coal. Will we be converting our entire truck fleet in the United States to bio-diesel? How about our planes? Do you suggest solar power panels glued to the wings? Our hundreds of millions of cars? How about we make them all foot powered like Fred Flintstone’s?

14. “The problem with a spending freeze is you’re using a hatchet where you need a scalpel.”

We have a 700 billion dollar bail-out of our financial sector going on here Senator. That is a freakin’ shot gun, not a hatchet. And you claim all we need is a scalpel??!!!

15. “Let me tell you another place to look for some savings. We are currently spending $10 billion a month in Iraq when they have a $79 billion surplus. It seems to me that if we’re going to be strong at home as well as strong abroad, that we have to look at bringing that war to a close.”

The expense is huge, but would Iran stepping into Iraq be worse? Their influence with the Iraqi Shiites is huge. And can you imagine the genocide of Sunnis and Kurds if it happens? How about instead you tell Iraq they have to start helping pay for the war effort? Wouldn’t that make more sense than abandoning them? If they have the surplus you claim, it should not be any problem at all.

16. “And because of the economy’s slowing down, I think we can also expect less tax revenue so there’s no doubt that as president I’m go doing have to make some tough decision.”

We got that Senator, but we haven’t heard one likely tough decision you will make yet? Tell us one, just one!

17. “We are spending $300 billion on tax cuts for people who don’t need them”

That is a bunch Senator, could you please get explicit for a change and tell us what tax cuts? If you are referring to the Capital Gains and Dividends tax cuts, those help people that invest in America, then you should consider that a vast number of people in America are invested in our markets. Removing those benefits will make investing in America less popular. Tax breaks on dividends help retirees living on fixed incomes. Do you really want to pressure our stock markets further after this government induced fiscal calamity you blame on Wall Street?

18. “Senator McCain is absolutely right that the violence has been reduced as a consequence of the extraordinary sacrifice of our troops and our military families.”

So you are saying that “The Surge” worked? That it was the correct strategy?

19. “The war started in 2003, and at the time when the war started, you said it was going to be quick and easy. You said we knew where the weapons of mass destruction were. You were wrong. You said that we were going to be greeted as liberators. You were wrong. You said that there was no history of violence between Shiite and Sunni. And you were wrong.”

So were tons of people Senator, including many Democrats, and it doesn’t matter one iota to determine how to address the problems of today. Senator Lieberman, Al Gore’s Vice Presidential Candidate has specifically broken away from your party because of your beliefs in how to handle the war now, and they cannot be based on whether or not you were right seven years ago. You were wrong more recently about the Surge. Completely wrong. Do we want that kind of judgment in the Presidency? Both George Bush and Senator McCain were right, and you were wrong.

20. “And right now, the commanders in Afghanistan, as well as Admiral Mullen, have acknowledged that we don’t have enough troops to deal with Afghanistan because we still have more troops in Iraq than we did before the surge.”

Admiral Mullen said that we don’t have enough troops in Afghanistan. He never said it was because we had too many in Iraq and praises the soldiers in Iraq and the results of the Surge.

21. “When asked about more troops in Afghanistan: “Yes, I think we need more troops. I’ve been saying that for over a year now.”

But isn’t that the same tactic we employed in Iraq that worked?

22. “And if John wants to disagree with this, he can let me know, that, if the United States has al Qaeda, bin Laden, top-level lieutenants in our sights, and Pakistan is unable or unwilling to act, then we should take them out.”

Now, you say you do not endorse attacking Pakistan but you want to take out Al Qaeda in Pakistan. How do you do that without attacking? Didn’t we try this several times before, failing and accidentally killing innocent civilians? Didn’t that alienate the Pakistani population? Pakistan is a country with borders you must respect. What you are speaking of amounts to war on Pakistan.

23. “Well, let me just correct something very quickly. I believe the Republican Guard of Iran is a terrorist organization. I’ve consistently said so.”

Would you expect them to move into Iraq if we move out? How will you prevent that if we fully withdraw?

24. “But we are also going to have to, I believe, engage in tough direct diplomacy with Iran and this is a major difference I have with Senator McCain, this notion by not talking to people we are punishing them has not worked.”

Ask Jimmy Carter about how well diplomacy works with Iran. What experience do you have with international diplomatic negotiations and talks Senator? According to Israeli intelligence, Iran is already on the verge of having a nuclear bomb, and rumors have it they may attempt to take out Iran’s Nuclear sites as early as next month. How long do you think you have to negotiate?

25. “Senator McCain mentioned Henry Kissinger, who’s one of his advisers, who, along with five recent secretaries of state, just said that we should meet with Iran — guess what — without precondition. This is one of your own advisers.”

No, Henry Kissinger never said anything about negotiating without precondition. Later in the debate you deny this statement.

When McCain asked, ” Look, Dr. Kissinger did not say that he would approve of face-to- face meetings between the president of the United States and the president — and Ahmadinejad. He did not say that.”

You responded, “Of Course Not”.

You are wrong on one or the other Senator. That is the definition of double speak.

26. When confronted about McCain’s energy policy towards alternate energy, Obama stuttered “He — he — he objects…” When McCain denied it and said he has always voted in favor of alternative energy, Obama responded, “All right, fair enough. Let’s move on. You’ve got one more energy — you’ve got one more question.”

So it appears Obama wrongly accused McCain of policies against alternate energy and admitted it. Hmmm.

27. “Look, over the last eight years, this administration, along with Senator McCain, have been solely focused on Iraq. That has been their priority. That has been where all our resources have gone.”

So now that it is working, you want to destroy their progress?

28. “We have weakened our capacity to project power around the world because we have viewed everything through this single lens, not to mention, look at our economy. We are now spending $10 billion or more every month. And that means we can’t provide health care to people who need it. We can’t invest in science and technology, which will determine whether or not we are going to be competitive in the long term”

It seems like you are placing great weight on pulling out of Iraq for paying for all your programs, but suppose, just suppose you are wrong and we pull out and the violence starts all over again, civil war breaks out and genocide begins, and Iran and Al Qaeda strengthen in Iraq. Are you willing to take responsibility for that decision to better fund your health care program? Or will you, like everything else in your campaign, blame George Bush?

29. “Well, let me just make a closing point. You know, my father came from Kenya.”

Was he a Christian? In what religion were you raised? Now that you have distanced yourself from the pastor of your church for preaching “God Damn America”, what Christian church do you attend Senator? We have no problem if you are not Christian, but we do have a problem if you are lying about it.

30. “And part of what we need to do, what the next president has to do — and this is part of our judgment, this is part of how we’re going to keep America safe — is to — to send a message to the world that we are going to invest in issues like education, we are going to invest in issues that — that relate to how ordinary people are able to live out their dreams.”

We are sorry Senator, but that paragraph totally loses us. You can have all the dreams you want, but if someone puts a gun to your head and pulls the trigger, your dreams don’t mean squat.

Obama Versus McCain: The Iraq War. Obama Told You So

This is a continuing series on the Primary Issues of the Presidential Election 2008. | Read Round One: McCain Versus Obama on the issue of Health care. | Round Two: Their take on the Iraq War. | Round Three: Obama Versus McCain on Free Trade. | Part One of Round Four on Natural Resources and Fossil Fuels, here. | In Part Two, we think the Democrats, Republicans And We All Are Misguided. | Part Three: McCain’s Position. Hypocrites Need Not Apply!! | Part Four: Obama Will Save The World, But the US will Go Broke in the Process | Round five: Is the US the Melting Pot or the Stagnation Pot? The candidate’s position on Immigration | Round Six: On the Issue of Abortion | Round Seven: McCain Versus Obama on Social Security: Obama Needs a Fundraiser, McCain Missing in Action | Part one of Round Eight: McCain Versus Obama on National Security, Obama’s Position | Part two of Round Eight: McCain Versus Obama on National Security, McCain’s Position

So many people in our lives say, after the fact, “I told you so”.  Does it ever help your current situation or make you feel better?  Or does it just make you feel bad about yourself and wish what had gone before never happened?  More importantly, did it ever make what had gone before any different?  We will leave you to deal with these rhetorical questions.

Obama’s approach on this issue is to use exactly that tactic, “I told you so”.  To tell not only McCain, but all citizens, Republicans and Democrats (including Biden) that believed in the war at the time that he (Obama) voted against it.

But the fact is, it doesn’t matter what our decisions were 7 years ago.  9/11 happened, we reacted, it’s over, we are there.  We believe the candidate that should be favored with respect to this issue is the one most prepared to deal with it in the “now” not yesterday.

Vietnam and Korea were American disasters because we did not have the conviction to attack and destroy an enemy that was vastly inferior.  Iraq was not the case.  The US wiped out the Iraqi Army in weeks with almost no casualties.  And we proved something in the process.  That wiping out a nation’s leadership leaves us, by the nature of our government, responsible for that nation.  As Colin Powell put it, “if you break it, you own it“.  And after billions and billions of US dollars spent, indeed we do.

But what do our politicians really want to do now, in 2008?  It seems Obama wants to bail and leave it up to Iraq to solve its own problems.  It seems as though John is saying stay the course, but there is little indication there is a plan as to when it will be over.  With McCain it seems like we could just police Iraq forever.  With Obama, we see some light at the end of the tunnel, but that light might be a bus headed right for us as we emerge.

This is a lose-lose for both sides.  The Iraq war was entered into not as the Democrats would currently have you think.  It was not based on a lie.  It was based on 9/11, an attack on us by radical Muslims and the belief that Iraq was the most rogue of the Muslim nations and had to be held accountable for harboring weapons of mass destruction and for supporting terrorism.  No one now seems to recall, but Saddam was doing his best to avoid UN Inspections and did indeed appear to be hiding military secrets.  Fact is, he just turned out to be a deluded lunatic that lived in a hollowed out tunnel after the war babbling to himself.

Now, what we realize is that even if Saddam Hussein was as dire and evil as he was depicted, the result of deposing him was an unstable Iraq.  Imagine an America where US troops had to circle the streets daily to maintain order.  Imagine what would happen if a nation stepped into our world and destroyed our government, regardless of whether it was led by Republicans or Democrats, introducing total anarchy.  Would you want that government to stay and help restore order or would you want them to get out so you could?  Sounds like the latter is the answer, but the only thing protecting you from the criminal elements is the very occupation force you despise.  So, as Colin Powell presciently pronounced, once you depose the government, you become the government.

One interesting cause of war is what it does to a President’s approval rating.  People think this is unique to Bush, and he is the worst President ever, but facts prove otherwise.

Bush’s approval rating is an abysmal 31%, but from CNN polling director Keating Holland we find… “Bush’s approval rating five years ago, at the start of the Iraq war, was 71 percent, and that 40-point drop is almost identical to the drop President Lyndon Johnson faced during the Vietnam War,”.

“Johnson’s approval rating was 74 percent just before Congress passed the Gulf of Tonkin resolution in 1964, which effectively authorized the Vietnam War. Four years later, his approval was down to 35 percent, a 39-point drop that is statistically identical to what Bush has faced so far over the length of the Iraq war,”.

America wants a fast victory, and war just doesn’t work that way, especially not occupations.  The estimates at the time of the start of the war were that it would take 5 years or more to resolve things, but it is like a car payment.  The first year, you love the car.  The second year, you start disliking the payment and by the fourth year, you want to get rid of it.

The fact is, however, Iraq has gotten much better.  A tactic called “The Surge” endorsed primarily by George Bush, against the advice of his generals and advisors, has worked.  Bush sent 5 brigades of additional man power to Iraq and the violence has been reduced dramatically.  Rumsfeld and General Casey were sent packing and Bob Gates and David Petraeus replaced them.  And regardless of what the Democrats claim and what the public believes, in this instance, Bush was right.  “The Surge” has been a huge success and that will make it very difficult for any dramatic change by a new President whether it is Obama or McCain.