McCain gets the economic basics

He says that he does not understand economics well but he sure understands it all better than Hillary or Obama do. Excerpts below from a recent speech

There's never been a problem Americans couldn't solve. We are the world's leaders, and leaders don't fear change, pine for the past and dread the future. We make the future better than the past. That is why I object when Senators Obama and Clinton and others preach the false virtues of economic isolationism. Senator Obama recently suggested that Americans are protectionist because they are bitter about being left behind in the global economy. Well, what's his excuse for embracing the false promises of protectionism? Opening new markets for American goods and services is indispensable to our future prosperity. We can compete with anyone. Senators Obama and Clinton think we should hide behind walls, bury our heads and industries in the sand, and hope we have enough left to live on while the world passes us by. But that is not good policy and it is not good leadership. And the short-sightedness of these policies can be seen today in Congress' refusal to vote on the Colombian Free Trade Agreement.

When new trading partners can sell in our market, and American companies can sell in theirs, the gains are great and they are lasting. The strength of the American economy offers a better life to every society we trade with, and the good comes back to us in many ways - in better jobs, higher wages, and lower prices. Free trade can also give once troubled and impoverished nations a stake in the world economy, and in their relations with America. In the case of Colombia, a friend and crucial democratic ally, its stability and economic vitality are more critical now, as others in the region seek to turn Latin America away from democracy and away from our country. Trade serves all of these national interests, and the interests of the American economy as well - and I call on the Congress once again to put this vital agreement to an up or down vote.....

It is not enough, however, to make little fixes here and there in the tax code. What we need is a simpler, a flatter, and a fair tax code. As president, I will propose an alternative tax system. When this reform is enacted, all who wish to file under the current system could still do so. And everyone else could choose a vastly less complicated system with two tax rates and a generous standard deduction. Americans do not resent paying their rightful share of taxes - what they do resent is being subjected to thousands of pages of needless and often irrational rules and demands from the IRS. We know from experience that no serious reform of the current tax code will come out of Congress, so now it is time to turn the decision over to the people. We are going to create a new and simpler tax system - and give the American people a choice.....

In the same way, many in Congress think Americans are under-taxed. They speak as if letting you keep your own earnings were an act of charity, and now they have decided you've had enough. By allowing many of the current low tax rates to expire, they would impose - overnight - the single largest tax increase since the Second World War. Among supporters of a tax increase are Senators Obama and Clinton. Both promise big "change." And a trillion dollars in new taxes over the next decade would certainly fit that description.

Source

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ELSEWHERE

A formal debate has just been held in Australia on the topic "Islam is incompatible with democracy". Michael Darby was there.

Dictator-loving Jimmy Carter: "In a democracy, I realize you don't need to talk to the top leader to know how the country feels," he said over the weekend, responding to a question from an Israeli journalist who noted that Mr. Carter had been snubbed by most of Israel's top leadership and reprimanded by its president, Shimon Peres. "When I go to a dictatorship, I only have to talk to one person and that's the dictator, because he speaks for all the people." Come again? A dictator does not speak for the people. Properly speaking, a dictator speaks for none of the people. A dictator speaks only for himself, while "the people" are transformed, through force and fear, into an abstraction, an instrument, a rhetorical trope. On the contrary, it is only in a democracy where the government can morally and lawfully be said to speak for the people, since it was morally and lawfully chosen by the people to speak for them. Which means that Mr. Carter has matters precisely backwards: It is in democracies such as Israel where the views of the leadership matter most, and in dictatorships such as Syria where they matter least."

Same as it ever was: "On March 28, the United Nations Human Rights Council elected, by unanimous vote, a special rapporteur on the 'situation of human rights in the Palestinian territories occupied since 1967.' The nominee, Richard Falk, a veteran political activist and emeritus professor of law at Princeton University, was opposed by Israel for, among other statements, equating the situation in the Palestinian territories with the Nazi Holocaust. According to a spokesman for Israeli's foreign ministry, Falk will not be allowed through passport control in Tel Aviv. 'This is a very outrageous statement to us and a personal insult to every Israeli,' said spokesman Arye Mekel. 'How could he then come up with an objective conclusion about what Israel does or doesn't do in Gaza?' To the Israelis, Falk's appointment is but another indication that the Human Rights Council (UN-HRC), which replaced the corrupt United Nations Commission on Human Rights (UNCHR) in 2006, amounts to little more than a new acronym obscuring old anti-Israel bias."

Leftists really know how to hate: "Balloon Juice's John Cole unloads on Clinton: "I am well aware that I am beyond the point where I can discuss Hillary rationally, but I really can not stress enough how much I have grown to hate her.... This past week-end was just the final boiling point for me, as I watched her run to every microphone with a zeal that would impress Chuck Schumer to claim that America's blue collar workers are under assault from a San Francisco effete liberal latte-sipping out-of-touch Obama."

Unions pricing themselves out of work in Canada too: "Canada is losing tens of thousands of its best and most productive workers in the manufacturing slump caused by stiff foreign competition, the high dollar and the U.S. recession, says a new bank report. The Toronto-Dominion Bank estimates Canada lost 130,000 factory jobs in 2007 and will likely lose more this year as conditions worsen for manufacturers, particularly in Ontario and Quebec. Prime Minister Stephen Harper and Finance Minister Jim Flaherty have often noted that Canada's strong job market has fortunately been able to replace those lost manufacturing jobs by strength in other areas of the economy. The report found that 55 per cent of the 212,000 jobs lost in the sector in the past five years have been unionized, which tend to be higher paying and more productive."

A Muslim description of paradise: "Harith Ibn Al-Muhasibi told us what would happen when we meet the black-eyed virgin with her black hair and white face praised be He who created night and day. What hair! What a chest! What a mouth! What cheeks! What a figure! What breasts! What thighs! What legs! What whiteness! What softness! Without any creams no Nivea, no vaseline. No nothing! He said that faces would be soft that day. Even your own face will be soft without any powder or makeup. You yourself will be soft" [That last bit does not sound too good!]

For more postings from me, see OBAMA WATCH, TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL and EYE ON BRITAIN.

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A lesson in Australian: When an Australian calls someone a "big-noter", he is saying that the person is a chronic and rather pathetic seeker of admiration -- as in someone who often pulls out "big notes" (e.g. $100.00 bills) to pay for things, thus endeavouring to create the impression that he is rich. The term describes the mentality rather than the actual behavior with money and it aptly describes many Leftists. When they purport to show "compassion" by advocating things that cost themselves nothing (e.g. advocating more taxes on "the rich" to help "the poor"), an Australian might say that the Leftist is "big-noting himself". There is a recent example of the usage here. The term conveys contempt. There is a wise description of Australians generally here

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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