Four years from now, it's unlikely that the United States is going to be taking significant numbers of casualties in Iraq or spending more than a fraction of what we do there today -- and that's no matter who the President may be. Since that's the case, shouldn't we at least be sure that we emerge victorious?
Come hell or high water, John McCain will do what it takes to win. He has essentially staked his entire political reputation on it. But, Barack Obama? The word "victory" never crosses his lips and he's setting a timeline that has the potential to hand over a war our troops have almost won to our enemies. If the American people allow politicians in Washington to steal a victory from our troops at this point, then future generations of Americans can and should damn us as utter fools.
Throwing good money after bad: The most disturbing thing about the 700 billion dollar bailout is not the fact that it rewards bad behavior, that it apparently didn't fix the problem, and that it dramatically increased the size of our national debt -- although those are all reasons the bailout should be condemned.
No, the biggest problem with the bailout is actually that Democrats in Congress, Barack Obama included, are refusing to acknowledge the root cause of the bailout, even though it's so obvious that they're doing skits about it on Saturday Night Live.
If Barack Obama and the Democrats in Congress to demand that Fannie Mae and Freddie Mac give loans to bad risks in the name of "affordable housing," then we're going to be right back in the same place, bailing these banks out again in a few more years. In other words, if you want the exact same people in Congress who created the current bailout mess to create another one we're going to have to pay for somehow in five years, vote Barack Obama into office and that may be exactly what we get.
We don't have a debt because Washington doesn't tax enough; we have a debt because Washington spends too much: Many people have noted that the budget was balanced under Bill Clinton, but rocketed upwards under Reagan and George W. Bush. If you only have a superficial understanding of politics, that doesn't seem to make sense. After all, isn't it the Democrats who always want to hand out goodies while the Republicans always talk about fiscal responsibility?
Here's the little secret that explains that: primarily it is Congress, not the President, that ends up driving the size of the budget. So, folks, if we have more bailouts coming up in 2009 (and we do), the current group of Democratic big spenders in Congress adds to their margins (and they will), and Barack Obama, who is planning nearly a trillion dollars in new spending gets in, the deficit will take off like a space shuttle.
On the other hand, John McCain isn't a big spender. To the contrary, his reputation as a fiscal conservative has been one of the primary things that has kept conservatives on board who have disagreed with him on a host of other issues. Furthermore, John McCain wants to put an end to earmarks, has proposed a spending freeze, and has even set a goal of balancing the budget by 2012.
Now, honest question: since we're putting our children's financial future on the line -- who do you think will do a better job of controlling spending under those circumstances? Here’s a hint: it isn’t the guy who wants to spend enough to bankrupt 57 states.
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