Wednesday, October 29, 2008

McCain Ad : "Life Savings"

The Honest Politician Analysis : In this latest web ad from McCain (cannot find any more TV spots as he ran out of money - bad budgeting I guess, or was well spent on Palins's clothes) explains the following : "The last eight years haven’t worked very well, have they? I’ll make the next four better. I know your life savings have been hit hard, but we’ll rebuild them. Barack Obama wants to increase taxes on your savings. You can’t afford that. He’s quite a talker. But that’s just bad judgment." Surprisingly enough, this ad was not as negative as his regular ads and "maybe" he has finally come to terms that his negative ads are not working. The only result from the negative ads was that he was dividing the nation. Back to taxes, McCain will continue to tell ALL American people that Obama is planning to raise taxes. What he is not telling you is the Obama is only raising taxes on 5% of the country. That means anyone who is making under $250,000 is getting a tax cut (see Obama's tax plan under the ad "Defining Moment" below). This ad along with many others are very misleading. What McCain's campaign should have focused on was to show true leadership by using "several" economist to come up with a plan to save this economy. When he had noticed that his lone economist Douglas Holtz-Eakin was not producing proper results, he should have spoken with other well known economist such as Warren Buffet(as an example - I know he can't use Buffet as he is with Obama) to provide several options of how to handle this economy. To this day, McCain has still not come up with a plan and if I was a McCain supporter, I would be worried.

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