Chief Executive magazine’s most recent polling of 751 CEOs found McCain favored by 74 percent

Edward M. Kopko, CEO and Publisher of Chief Executive magazine. “We’ve been experiencing consecutive job losses for nine months now. There’s no doubt that reviving the job market will be a top priority for the incoming president. And job creating CEOs repeatedly tell us that McCain’s policies are far more conducive to a more positive employment environment than Obama’s

“I’m not terribly excited about McCain being president, but I’m sure that Obama, if elected, will have a negative impact on business and the economy,” said one CEO voicing his lack of enthusiasm for either candidate, but particularly Obama.

The poll highlights that Obama’s tax policies, which scored the lowest grade in the poll, are particularly unpopular among CEOs.

Some CEOs worried that if implemented "[Obama's] programs would bankrupt the country within three years"

 

 

 

Reagan Economist, LARRY HUNTER, Endorses Obama ON Olbermann

How could I support a candidate with a domestic policy platform that's is the opposite to almost everything I believe in?

But the fact that he says just about all the wrong things on domestic issues doesn't bother me as much as it once would have.

Besides, I suspect Obama is more free-market friendly than he lets on. He taught at the University of Chicago, a hotbed of right-of-center thought. His economic advisers, notably Austan Goolsbee, recognize that ordinary citizens stand to gain more from open markets than from government meddling. That's got to rub off.

When it comes to health care, I am hoping Obama quietly recognizes that a crusade against pharmaceutical companies would result in the opposite of any intended effect.           He then goes on to say McCain health care plan would drive research and development dollars away from the next generation of miracle cures.

Over the last few decades, economic growth has made Americans at every income level better off. For all his pessimistic rhetoric, Obama knows this. And I believe he is savvy enough to realize that the real threat to middle-class families and the poor - cannot be counteracted by an activist government.

Even if my hopes on domestic policy are dashed and Obama reveals himself as an unreconstructed, dyed-in-the-wool, big-government liberal, I'm still voting for him

 

Senator Obama’s proposed ‘tax cuts for the middle class’ are actually marginal rate hikes in disguise.

Although Obama is offering a new series of tax breaks, they undermine rather than improve economic incentives. First, whether or not you get those breaks will depend on your income. In Washington, taking away tax breaks as families work harder to make more money is called a “phase-out.” Economists have a different name for it—we call it a tax. Reducing a person’s tax credit as his income goes up also reduces his incentive to earn more income.

 

Obama’s plan to raise taxes on households making more than $250,000 will raise taxes on most small-business profits in America.

Under Obama’s plan to let the scheduled 2011 tax rate hikes occur, and his plan to raise the self-employment tax on those making more than $250,000, the S corporation rate would rise from 35 percent to 39.6 percent. The sole proprietor and partner rate would rise from 37.9 percent all the way up to a staggering 50.3 percent. Many Democrats in Congress have proposed making all small businesses (including S corporations) pay this 50-plus percent rate. A small business tax rate that high would be the highest marginal rate faced by them in nearly a quarter-century.

What would a world look like where two-thirds of all small-business income would be taxed at a 50 percent rate? The economic law that “taxing something more and getting less of it” would apply. Fewer Americans would be interested in opening or expanding small businesses. Tax evasion and legal tax avoidance would spike, as tax shelters would once again become a booming industry.

McCain's plan would give a choice between the current tax code and one with a top rate of 25 percent on all income over $100,000. This would have the beneficial effect of lowering the tax rate on most small-business income by 10 percentage points.

For those businesses that are organized as conventional corporations, the top tax rate would fall from 35 percent to 25 percent, the European average

Robert Carroll, Ph.D.

Senator Obama's new and expanded tax credits for low-income taxpayers will certainly cut taxes for low-income people but the credits are mostly recaptured from middle-income taxpayers. During this phase-out range, marginal tax rates shoot up, causing economically damaging side effects

Obama and Ayers:

 

Father was a rich CEO of Con Edison

A founding member of the group that bombed the U.S. Capitol and the Pentagon during the 1970s.

Ayers and Weatherman were responsible for 30 bombings aimed at destroying the defense and security infrastructures of the U.S.

Mr. Ayers wrote a memoir, "Fugitive Days," published in 2001, and on the day of the September 11 terrorist attacks, he was quoted by the New York Times as saying: "I don't regret setting bombs. I feel we didn't do enough."

Mr. Ayers, who was never convicted in the Weather Underground bombings, is now a professor of education at the University of Illinois at Chicago.

He went underground with several associates after an explosion killed three members including Ayers girlfriend at the time as they were building bombs in 1970 that killed three members

He turned himself in to the authorities in 1981. All charges against him were dropped because of prosecutorial misconduct during the long search for the fugitives. Included illegal wire taps

 

 Smear groups and the McCain campaign are trying to connect Obama to acts Ayers committed 40 years ago – when Barrack was just eight years old using age-old guilt by association techniques.

According to the Associated Press, they are not close: “No evidence shows they were “pals” or even close when they worked on community boards years ago …”

CNN

Washington Post

Chicago Sun Times

Detroit Free Press

 

Obama’s says Ayers is some guy who lives in my neighborhood

 

  

 1995 Launched his political career from Ayers house

Ayers was the founder of the Chicago Annenberg Challenge,  which bills itself as a school reform organization.

In 1995,  Obama was appointed as the CAC's first chairman. He was a community organizer at the time

While Obama chaired the board of the CAC, more than $600,000 was granted to an organization founded by Ayers and run by Mike Klonsky, a former top communist activist. Klonsky was leader of the Marxist-Leninist Communist Party,

 

Both Obama and Ayers were members of the board of an anti-poverty group, the Woods Fund of Chicago which was a paid directorship position, between 1999 and 2002. Obama earned $6,000 a year

Ayers contributed $200 to Obama’s re-election fund to the Illinois State Senate in April 2001.

They have also appeared jointly on two academic panels, one in 1997 and another in 2001.

Clinton brought this up in Dem Primary - When asked at debate he responded this way

         Just look to the Youtube Debate where Obama is asked that question in the Dem Primary.

 

4) Biden claimed that McCain said in a magazine article that he wanted to deregulate the health care industry as the banking industry had been. That’s taking McCain’s words out of context. As we’ve said before, he was talking specifically about his proposal to allow the sale of health insurance across state lines.

 

 

 

 7) John wants to add $300 billion in new tax cuts per year for corporate America and the very wealthy while giving virtually nothing to the middle class. We have a different value set. The middle class is the economic engine. It's fair. They deserve the tax breaks, not the super wealthy who are doing pretty well. They don't need any more tax breaks. And by the way, they'll pay no more than they did under Ronald Reagan.

 

Since corporate taxes are ultimately paid by individuals, even the middle class would receive some tax relief under a corporate tax cut. While a corporate tax cut does disproportionately benefit high-income taxpayers (especially under the assumption that it is borne by owners of capital), some in the middle class would still receive a tax cut. It is not "virtually nothing

  

 

8) John McCain voted against funding the troops because amendment had a timeline. 

            2007 Troop Appropriation amendment-

            JM urged Bush to veto it and most Republicans voted no but JM didn’t vote

Obama voted against this bill later when it resurfaced because it didn’t have a time line.

 

9) John McCain voted 20 times in the last 15 years against funding alternative energy.

            This number comes from the Obama website but it includes many times where McCain voted against Mandatory use of alternative energy. Only 11 of the 23 votes cited by the Obama campaign involve reducing or eliminating incentives for renewable energy.

  

10) McCain voted the same as Obama on the budget resolution

            This refers to two bills – March 13 and June 4

            Bill called for a hike on taxes starting with 42,000

 

11) It would take 10 years to get oil from any refiners that are built today.

            Some estimates have that as low as 1 ½ to 2 years

 

12) The Iraq resolution vote was not a war resolution.

From Whitehouse.org

SEC. 1. SHORT TITLE.

 This joint resolution may be cited as the "Authorization for the Use of Military Force Against Iraq".

SEC. 3. AUTHORIZATION FOR USE OF UNITED STATES ARMED FORCES.

(a) AUTHORIZATION. The President is authorized to use the Armed Forces of the United States as he determines to be necessary and appropriate in order to

(c) WAR POWERS RESOLUTION REQUIREMENTS.

 

 

13) Where spending as much in 3 weeks in Iraq as we have in 8 years in Afghanistan

            "Look, we have spent more money — we spend more money in three weeks on combat in Iraq than we've spent on the entirety of the last seven years that we have been in Afghanistan building that country. Let me say it again. Three weeks in Iraq; seven years — seven years, or 6 1/2 years, in Afghanistan."

            The United States has spent $11.8 billion on foreign aid and diplomatic operations         in Afghanistan. The Pentagon in fiscal year 2008 has spent $145 billion in Iraq. This            works out to about $8.4 billion per three-week period.

            3.5 Billion a month in Afghanistan - Times

            47 billion on military efforts in Afghanistan since 2001- Washington Post

            3 to 1 is a better number comparing spending Iraq/Afghanistan

 

14) Biden said Article 1 of Constitution refers to the executive branch but it refers to the legislative branch

 

 

15) John McCain opposed Clinton on Bosnia