Tag Archives: mccain

The Election is Close, the world is on pause.

I have noticed that the last two weeks have really been slow.  I have talked to many other people who are in business and they are all slow.  Basically everyone is focused on the election.  I think that many people are also just waiting to see what happens.

I saw that on TV Gun sales are up 3 fold in Texas, simply because people belive that if Obama wins that he will quickly try to put restrictions on guns and the prices will skyrocket.  I also feel personally that if Obama wins we will see one of the largest sale offs in the stock market ever.  People who bought stock long ago and still have a gain will sell now to pay the current capital gains tax because who knows how high it will be when 2009 starts.  I think that at least 1000 point of the decline is due to this pressure.

At this point there is a lot of momentium going towards McCain but I think that it may be too late.  I do think that the election will be closer than anyone thinks.  I still hope, for our nations sake that McCain gets elected but in the history of our nation when the economy is bad the Party that is office looses.  For McCain it is like getting down to the river and you are holding an gut shot straight draw, while the other guy already has a made hand, McCain really needs to get lucky to pull this one out.

Back when the depression started Hoover was in Office, everything that caused the depression happened before he got there, but it hit.  He was the first highly successful business person that was president and he did a lot to get our nation back on track, but they still kicked him out, and replaced him with FDR, a guy who could not even walk by himself and knew almost nothing about economics.

McCain knows MUCH more than Obama about how to fix this nation, and about the economy.  But it does not matter, many of the voters don’t care who is more qualified, they simply want to elect something different.  Of all the republicans in that ran McCain was the MOST liked by the left, until this year when it started to become clear he was the choice of the republicans, they then started to find reasons to not like him.

I take comfort in the knowledge that no matter who wins the president will have the power to do very little.  If Obama wins the election his hands will be tied during his term and there is little chance that even a small amount of what he wants to be done will be done.  You can’t roll out huge tax cuts, huge new programs and still balance the budget, expecally in a down turned economy.  No one can.  If he gets elected this will be the years we will all look back to where our contry really goes down the wrong path.  The only solution is smaller government, and Obama does not want our government to be smaller, he wants it to be much larger.  To control much more, to be taking your freedoms all over the place, and to be stealing your hard earned money to give it to someone else.

Go vote, and when you do think about who you are voting for.  Just that person and what they want to do.  Do you want freedom or do you want big government?

CNN, Finally doing something I like.

In the past CNN has been very shallow and not very imformative.  They really like to gloss over most subjects.  All media really has gone in this direction.  Their goal is to write as if their audiance is a bunch of 5th graders.  This is not a joke, this is their real goal, they figure that if a 5th grader could read it then anyone could.  Most magizines and newspapers do the same thing.  Local news is also this way, specifically the morning local news.

CNBC is one bright exception to this rule, they are all about business and they talk directly to smart business people, but they also stay on topic so if it is not business related they say little about it.

Each of the two men running for office spends 1-2 hours of their day talking to the media and giving speeches.  The media does not air this, instead they take a short snip and just pound that for an entire day.  Most people don’t have access to the actual speeches, they must rely on the media and the media is doing a really bad job.  The funny thing is that they MUST fill the airwaves with something so they have people debate about small parts of these speeches.

It is like everyone is talking about the good and bad parts of a movie, and the debate goes on for hours if the movie is good or bad, but they won’t just show the movie and let us decide.  They want to make sure we decide the way they want us to decide if the movie is good or not.  This is a huge disservice to the audience.

CNN has broken this trend recently.  They now have started to air large parts of speeches and interviews, they then have someone come on and tell you if the facts stated are true or not, then they let the viewer decide.  WOW….what a revolution….people can actually decide for themselves and not be told my the media how to think!

Today they had part of a speech where McCain was talking about his energy policy, and how he has an “All of the Above” policy, get the government out of the way of all types of energy and let the market go for it.  This is very different to the plan that Bush has had, but Obama has been telling everyone that McCain is McSame, the same as Bush and he said the other day that McCain supported the bush plan.  But here is where the kicker comes in, McCain voted Against the Bush plan and Obama voted for it!   McCain hammered this, saying “Everyone know that if you vote for something you support it and if you vote against it you oppose it, so why is he saying I supported it when I obviously did not.”  The fact checker came on and said that everything McCain said was correct.  He went on to say that even Paris Hilton has a better energy plan than Obama.

To be fair they talked about how Obama was just mentioning Tire Pressure in response to a question, and this is NOT his energy policy.  Some crazy republicans are telling people that this is the entire Obama plan which is not true.  You can read his plan on his site, I linked to it from my Drill Drill Drill blog.

They went on playing videos back and forth for quite a while….it was really good to watch.

Drill Drill Drill

As you may have guessed this blog is going to be about Oil.  There is so much debate now about oil.  By far the price of oil and the worrys it has caused in the economy is the most important issue to the population of the US.  Over 70% of Americans think that we should drill as much as we can.

But most of the democrats are against this position.  They simply have to be against it because some of their biggest supporters are the radical environmentalists.  They know that this group is very vocal and will cause them problems.  But they also know that 70% of Americans see that the high price of Oil is killing our economy.  Every nation out there that has oil is drilling and sucking the oil out of the ground as fast as they can EXCEPT the United States.  Our leaders how bowed to the environmental lobby and for about three decades now have made it hard to drill oil and almost impossible to build a new place to refine it into gas.

The solution is to drill for oil.  We already know where massive amount of oil is.  There is enough oil off the coast of Santa Barbra, Ca to eliminate our importation of foreign oil for 10 years.  There is enough oil in Utah and Colorado in the form of oil shale that we could be a global exporter for decades.  There is enough oil in Alaska to run the US for the next Century.  But there is a ban on drilling off shore, so the CA oil is out.  And Oil shale takes 8-10 years to get government permits to even explore and then you have to start the process all over again to actually get the oil, so no major companies are even trying.  And we all know that the democrats won’t let anyone drill in Alaska.

We have the means to get out of this oil crisis very fast.  We have the capacity ready to go.  The oil companies are eager to drill, so investment is not a problem. 70% of the people want to drill now for more old.  The only problem is our leadership.  The good thing about that is that I think that most people understand this and this November we get the chance to change our leadership.  Anyone who stands to block more drilling will have a hard time being elected.

The democrats think that this problem can be solved ONLY by saving oil, and becoming more efficient.  That is a big part of it BUT it will not change prices enough in a short enough time to save the economy.  We need to do both save oil and get more.

So where do the presidential candidates stand on this issue?

Obama stands for slashing Carbon Emissions by 80%, no matter the cost to the economy.  He is for investing more in biofuels cause the price of foot to go up even more.  He wants to cap the amount of oil our nation can import, and he wants to not allow any more drilling.  This will cost our government much more for everything, and he wants to spent hundreds of billions on doing this.  This means that everyone will have to pay by having  much higher taxes.  Higher taxes, higher fuel costs, higher food costs, that is what Obama stands for.  Check it out for yourself at his site, CLICK HERE.

McCain stands for expanding domestic oil and natural gas exploration AND production.  He is also for investing in clean energy, promoting energy efficiency and protecting our environment.  He is for nuclear power, which is clean and has no carbon.  Click here for all of his views.

So when you go vote, remember you are voting for the future of our economy.  It is the number one issue that people are interested in but the media is hardly talking about the truth of what candidates are talking about.  They gloss it over with all this other talk, but it is easy for you to see just by looking at their official sites yourself.

There is one quote that I keep hearing Obama Saying that drilling for oil will not produce oil today.  He is implying that it will not fix the problem and he uses that to say the whole idea of drilling dumb.  Everyone knows that you have to drill and invest now to to get a benefit later.  It is like having a kid, it is not instant, and everyone knows that.  Obama’s speech on this just shows everyone how dumb he thinks most Americans are, and how easily fooled they can be.   I just hope he is not right, but I have lost many times before betting that Americans are smart.

Drilling for Oil, WILL have a fast effect on prices.  10 days again bush talked about drilling more and asked congress to act on this and remove all limits to off shore drilling.  After saying that the price of OIL has dropped by over 12%, almost $20.  If we actually passed this change it would drop by more, and as soon as we did the oil companies would drill drill drill and the price would be below $2 at the pump within 5 years, below $3 in a few months.