Obama slams Mccain: Corporate Tax Cuts & The Earmark Fallacy – Rachel Maddow comments
John McCain makes a big deal about his oppostion to earmarks. During the debate, Barack Obama juxtaposed McCain’s taxcut proposal that would cost $300B with the $18B represented by earmarks. While some earmarks are clearly booty from the taxpayer to local interests, many can be justified as sound policy. Obama could, if he wished, run an entire campaign, Congressional district by Congressional district, identifying a few “earmarked” expenditures that that district loves and that McCain voted against. More to the point, however, is that McCain has voted for loads of tax loopholes during his 26 years in the Senate. Why loopholes are morally superior to earmarks escapes me. Let us postulate that there are some justifiable earmarks and some justifiable loopholes. The arguments against the rest are both process and substance. The process, I’ll-scratch-your-back-you-scratch-mine, however unseemly, is the same for both. The substance is also identical. A loophole allows an individual, or company, or sector not to pay taxes on a certain category of income. The rest of us have to make up that shortfall. The earmark is most often a local project for which general tax revenues are spent. The rest of us have to pay for that too. The Member of Congress takes credit for the earmark (“look at what I brought home for you”) and the loophole, but the latter is rarely said aloud. That should tell us something. The earmark is more often a project for which the Member can tout its benefit to …
this is the exact reason why nobody watches MSLSD anymore, this IS the LEFT WING media machine.
this is the most bias and garbage reporting I ever saw
what makes me laugh so much about these news stations is that they let obama go on for like a minute then they limit mccains cut to 5 seconds. hmm. no room for argument.
which one will yield positive returns?
Orgy of spending, what the heck is going on now? those tax breaks for the rich was a good idea now and than, they are paying over 30% now and in some cases more some less but saying your going to increase taxes on people really is not something that motivates the small business person
¤ø„¸¸„ø¤º°¨¸„ø¤º°¨ post to 3 other vids
¨°º¤ø„¸ Copy „ø¤º°¨? press F5 twice
¸„ø¤º°¨Paste “°º¤ø„¸ OK
¸„ø¤º°¨¸„ø¤º°¨¨°º look at ur backgroud
“Ahh ahh ahh” is it just me or does that get on your last fucking nerve? Ahh ahh ahh….spit it out fuckhead.
I guess 900 Billion is REALLY REALLY REALLY important!…. what a douche….
What a freaking lying piece of shit! Look what Obama has done in just 3 months!
Over 9000 earmarks in ONE bill!
Obama said during the campaign “I will BAN ALL EARMARKS”!
Now he says “Earmarks done right can be a good thing”.
Does Mrs lickalottapus Madcow have anything to say about that??
MSNBC is a FARCE!! How can you have any respect for a so called “news agency” when its so obvious they are Obama’s bitches?
BTW, Bo’s approval rating is 22 points lower than Bush’s was at this time.
The countries rear is sore from getting reamed out the past few weeks.
Obama 2009.Keep on brother don’t let them SORE people bring you down.I support you and nobody is gonna change my mind.
Meanwhile, Obamas total spending after one month in office = 36 billion per day.
Obama is full of shit!!!!
$ 300 billion doesn’t sound like that much anymore for some reason.
REAL RepubliCON STIMULUS:
~ CRAIG: A return foot-tapping under mens room? stalls
~ LIMBAUGH: Blanket-free prescriptions for Oxy-Contin
~ W & SCARAH FAILIN: Each want 50% of Scare-Crow’s Brain
~ COULTER: Get Adams Apple Removed
~ CHENEY: Keep Unilateral Contracts & Face Shootings Legal
~ NITT-WITT-MITT ROMNEY: Continue flip-flopping
~ FOLEY: Return e-mails from teen boys
~ HAGGARD: A male hooker who won’t kiss & tell about Sex & Meth
GOAL: Continue to LOSE “DOZENS” of Senate & House Seats!
You know what’s funny? Obama and the Dems bitched about Bush’s massive spending, but they support Obama spending almost a trillion or more on this bullshit economic stimulus.
Hypocrisy? You decide.
She has ugly hair….
That’s what they said about Kerry in 2004. So who’s more liberal Kerry or Obama? Where you getting that 40% pay no taxes already? Is it because just about 40% of wealth is controlled by only a handful of individuals? And we still have to bail those guys out? Look up welfare in the dictionary. AIG people are now hunting in Africa while we have tent cities here. They’re paying for their vacations now on tax payers dollars. And your worried about some ghetto guy buying beer on welfare.
he’s that liberal cause he was busy voting against bush’s stuff
plus last I looked the President doesnt write law and the President doesnt have the power to change the country’s entire economy on any drastic level
According to the National Journal’s nonpartisan ratings, Barack Obama was the most liberal member of the Senate in 2007. Obama’s composite liberal score of 95.5 was the highest. Do you really think he is going to lower anyones taxes? The truth is 40% of all Americans pay NO taxes already. The top 50% of wage earners pay 97% of all federal income taxes. Only the rich (as defined by Obama) pay taxes anyway. If you give a “tax cut” to the rest it is nothing but WELFARE!
This is hilarious, I swear. I heard this woman on msnbc several times before but never knew who she was. Immediately she proved to be another whining, liberal automaton spewing on msnbc (shocking). I went out on an limb and made the far-fetched guess that she is a lesbian. Wiki check FTW! How could I possibly have known?
Obama is a fucking liar and carnival barker
Also, good video, it really points out a lot to someone who may not know much about the candidates and their record. XD
Wow, you really did your research in your description. nice to see that at least SOMEONE has enough common sense to really understand what has happened, and what will most likely happen in the future. I’m glad to see at least someone who doesn’t believe all of the republican views and opinions that most news stations feed to Americans.
Mccain is a fucking idoit
for sure… thats why im canadian and dont vote… its all non-sense its not even political nemore… its just… who has the biggest lie or who says the wrong things or what will win the election ex. a lady was vice… for obama it was… if he choose HC he was a sexist… if he didnt choose HC he was a sexist but mccains not…