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The McCain plan is a give-away of taxpayer dollars

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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:23 PM
Original message
The McCain plan is a give-away of taxpayer dollars
Instead of the government putting up money, raise private investment money.

But why would companies put up money?

Because the taxpayers would give them the money to buy assets with. (funded by tax cuts and increased deregulation of securities)

We pay the money, but don't get the securities.
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tblue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:26 PM
Response to Original message
1. Thank you. My brain is sore from trying to understand all this. You shed some light on it for me.
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:29 PM
Response to Reply #1
2. Pugs don't mind giving away money. What they can't stand is the US owning anything.
Edited on Thu Sep-25-08 08:30 PM by Kurt_and_Hunter
If we get anything for our money that's "socialism."
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 10:05 PM
Response to Reply #1
10. ---
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USA_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:32 PM
Response to Original message
3. McLame Campaign Ads
Here in Minnesota, several McLame ads have said Obama plans on increasing taxes, expanding the federal government, and bleeding the middle class. All of these are, of course, what Bush and his Reaganite Republicans have been doing for years.

Interestingly, I have not seen any Obama ads here which either refute that or attribute any of this to the Pukes.

Can someone explain why this is so??
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:39 PM
Response to Reply #3
5. Obama's probably not worried about Minn. at the moment.
If it gets closer you'll see lots of Obama ads.
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FVZA_Colonel Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:45 PM
Response to Reply #5
7. Hasn't he risen a point or two in the past few days?
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:55 PM
Response to Reply #7
8. Depends on the poll. There was one tied a while back but the last I saw was a big lead
Obama by 10 or eleven... something like that.

(Minnesota was closer right after Palin was picked, partly because of her accent, I'd assume.)
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FVZA_Colonel Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:57 PM
Response to Reply #8
9. I had thought we could at least put it in the column of him being in the lead.
Perhaps not by as much as we'd like, but definetly in the lead, especially since the economy cratered.
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abumbyanyothername Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:32 PM
Response to Original message
4. And guarantees.
Don't forget the guarantees.

"All of the downside. None of the upside."
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democrat2thecore Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:43 PM
Response to Original message
6. Exactly right, K&H. That's the worst possible plan
Populist Democrats must say NO WAY on a plan like that. However, I haven't seen a plan populist Democrats could sign on to either. But the back-door handout you described is a non-starter.
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