His raising of capital gains taxes would be to a level equal to Reagan's. Yeah that epitome of tax the rich liberalism. Great help that capital gains cut has had on the stock market, with around a 20% real term loss since it was enacted.

OK yeah the Democratic Congress has proposed some monumentally stupid ideas for the current crisis, but the Fed has already used up most of their balance sheet buying junk and is a bad day from going into near collapse, yet no one on either side is talking about that. They can't even get rid of the junk because all the banks cannot take it back on their balance sheets.

And who's going to complain the most loudly? Why, the same lefties who have always been saying our fuel prices are “too low” [sic] or “artificially low” [sic] because they aren't so ridiculously taxed as are fuels in their starry-eyed-object European nations.

[yawn] This was predictable. Don't even think of whining. And if you blame Bush for this you are failures. Of course, many failures will blame Bush this November.

* * *

Not only is California paying for Dem-lib destructive economic and political policies, so has Cyanide Nation elsewhere, including where I am now, State #9 in my “living education” throughout North America: Detroit. Michigan (blue nation lunacy) and Detroit in particular are terrible, just terrible. (The guy I saw on the road this weekend with his vehicle covered with bumper stickers had one that is telling — it showed a blue silhouette of Michigan and an old Detroit automobile, and said “Going BLUE.” Yes, going *** BACKWARD *** to failures of the past. In Michigan's and Detroit's cases, they've never escaped the failures of the past in a number of ways! T-Steel and Rudi can tell you more.)

Obama and the Dems' “Taking America Back” = Taking America BACKWARD. That is the obvious threat!

And — tsk, tsk –

“it would be hard for the Obama campaign to argue that it will lower fuel prices in order to lower prices … My guess is that the Obama campaign will offer to raise taxes on the rich in order to subsidize school lunches.”

1. Of course they'll argue that prices should be lower, now that they're so high and people object to this! Who cares what they said earlier? (Should we care what they say now?)

2. This is an easy solution — increase the taxes on “the rich” and subsidize _fuel_, particularly in Dem-voting neighborhoods (assisting fuel prices for “the poor”). If they can do it in other authoritarian countries like Iran (whom a few Obama voters view as a better nation than this one, anyway), why not do it here under a more-authoritarian, more-interventionist, kinder, gentler Dem regime?

Just wait for Northeastern Cyanide Nation heating oil subsidies this winter. (Meanwhile, the Republican Sunbelt is neglected for air conditioning, largely; the Dems have yet to give “free” air conditioners and energy to run them to “the poor” [Dem voters] even though Obama's Chicago and other cities in the East like St. Louis that are quite Blue have places that to this day do not have air conditioning and experience fatalities during heat waves every year. The East, not the newer, more functional and less trouble-prone, more Red desert Southwest.)

“I wonder if anyone in the Obama campaign actually paid attention in their economic classes while attending the Ivy leagues.”

Actually, something related to this is now news and it's interesting in its own right as a separate topic. Obama has released the name of someone coming onto his team (into his future administration). Mixed messages (or that may just be the nature of the interpretation of the choice by the author on this Web page).

http://marcambinder.theatlantic.com/archives/20…

This article: http://www.greenfaucet.com/hanlons-pub/obama-it…

Really points out what could happen to the economy if Democrats take over the White House. California is still paying for what their Dem govenor did years ago..

My guess is that the Obama campaign will offer to raise taxes on the rich in order to subsidize school lunches. Of course, higher taxes will slow down the economy and make it harder to parents to pay the subsidized price.

I wonder if anyone in the Obama campaign actually paid attention in their economic classes while attending the Ivy leagues.