John McCain has been losing ground to Barack Obama all week and now his attacks on the Democratic nominee are going downhill in a hurry. McCain said he didn't know much about the economy, so he decided to prove it today by calling Obama's plan "just plain dumb." Of course, stupidity, greed and Republican policies that include deregulation got us into this mess, but there is no mention of that from Mr. Straight Talk.
From RawStory:
The Republican said his Democratic rival had failed to do anything to avert the crisis with Freddie Mac and Fannie Mae, two giant organizations which guarantee billions of dollars in mortgages which were taken over by the government on September 7.
"He didn't lift a hand to avert this crisis," McCain said, accusing Obama of remaining silent in Congress as the mortgage crisis was building.
McCain also pounced on a comment by Obama's vice presidential running mate Senator Joseph Biden that it would be "patriotic" for wealthy Americans to pay higher taxes at a time of economic need.
"Raising taxes in a tough economy isn't patriotic," McCain said. "It's not a badge of honor, it's just plain dumb."
McCain also omits the fact that he had no clue that the economic crisis was coming while Obama has been talking about the economic problems of ordinary people since he started campaigning. The crisis on Wall Street didn't come out of nowhere, it was precipitated by millions of Americans being taken advantage of by the financial sector and they simply left too many people stranded and the whole thing came crashing down on them.
As for being dumb and raising taxes, the only people that sounds dumb to are the ones that do not want to give up their multi-million dollar incomes. Obama wants to raise taxes on those making $250,000 a year or more, while cutting taxes for people that make less. What the greedy bastards on Wall Street and in the Republican caucus took from the middle-class, he wants to give it back. That isn't dumb, it makes perfect sense. In fact, go ahead and see what your taxes will look like if you go with Obama or McCain, chances are Obama is going to save you money and will try to restore the broken system in the process.
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