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McCain's Economical Solution

leonAzul

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Yesterday morning John McCain spoke to about 100 workers at General Motors Corp.’s Orion assembly plant. The Detroit Free Press reported the following quote from that talk: Link

“I’m here to send a message to Washington and Wall Street: We are not going to leave the workers here in Michigan hung out to dry while we give billions in taxpayer dollars to Wall Street,” McCain said. “It is time to get our auto industry back on its feet. It’s time for a new generation of cars and for loans to build the facilities that will make them.”

From this I draw the following conclusions:

• McCain supports direct loans to manufacturing corporations from the US treasury.
• He does not support loans to the financial corporations that develop capital and facilitate loans to manufacturing corporations.

Did I miss something?
 
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Well, there's also "Drill Baby, Drill."

I'm still trying to figure out how that's supposed to solve anything, or more to the point, what specifically McCain will do to enable further oil and gas exploration that is currently being blocked by the Bush administration...
 
He also promised to curtail CEO pay. By using the bully pulpit to hector and shame CEOs, not through any actual policy with legal force.
 
Well, there's also "Drill Baby, Drill."

I'm still trying to figure out how that's supposed to solve anything, or more to the point, what specifically McCain will do to enable further oil and gas exploration that is currently being blocked by the Bush administration...


Maybe it's not supposed to "solve" anything, and instead is meant to try to lessen the hurt that is going on. The idea that we should do nothing at all, or that the things we suggest to try to do shouldn't be done because they are not, in and of themselves, going to "fully fix" the problem, is IDIOTIC.

It's like being hugely in debt and realzing you could work a part time job to help pay off the debt. But it's not going to "sovle" the problem magically, like suddenly inheriting a million dollars would do. But it's a help, and will make the overall pay down time less. Most responsible adults would still take that kind of step to help themselves. They woulndn't say something as stupid as "Yes, I could work part time at night and turn my 20 years of debt into 15, but that's not solving the problem! So NO, I will not do it." (and then instead sit and whine about how terrible things are for 20 years).

Obviously we need to get off of oil in the long run. But the left seems to keep insisting that we can't even do things that will at least help the situation a little bit. And with no real good reason other than hysterial environmental concerns. That's not to say there are NO environmental concerns.. but they are nowhere near catastophic.

No, drilling all over won't "solve" the problems, but it will help the situation considerably. It will lower our cost of fuel a bit, make us a bit less dependant on other nations for oil. What exactly is the problem? Even if the benefit is extremely small, it's STILL A BENEFIT. Why stand against that?

You really can't blame people on the right for thinking that you guys just stand against it because the higher prices and hurt on the ecomony is GOOD FOR YOU, POLITICALLY. And for no other reason. Playing politics with peoples lives. Pretty bad. Very bad really. And this is the kind of thing that pisses me off the most and has me the most worked up and ranting politics this fall. The constant intellectual dishonesty from the left and their ongoing outright lies and fear mongering and reveling in the misfortune of others, all in some insane belief that if it helps them to win.. it's ALL OK!!
 
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No, drilling all over won't "solve" the problems, but it will help the situation considerably. It will lower our cost of fuel a bit, make us a bit less dependant on other nations for oil. What exactly is the problem? Even if the benefit is extremely small, it's STILL A BENEFIT. Why stand against that?

How is it a benefit? Oil prices are largely controlled, rather than being a truly supply-limited commodity. Gasoline prices, even more so.

And, again, what is it that McCain is going to do? Do you mean to tell me that Bush is some environmental wacko who's preventing us from drilling because he loves polar bears, or what? What will change in a McCain administration? What's the holdup, given the Republicans have been in charge for years? Why aren't we drilling, baby, drilling already? (Hint: We ARE.)
 
All good points about his proposed policies, yet I wished to focus on the way he seemed to suggest that a pro Wall Street stance were somehow anti labor, considering that troubled financial markets make for more expensive capital necessary for retooling. Or do I have it wrong?
 
Yesterday morning John McCain spoke to about 100 workers at General Motors Corp.’s Orion assembly plant. The Detroit Free Press reported the following quote from that talk: Link



From this I draw the following conclusions:

• McCain supports direct loans to manufacturing corporations from the US treasury.
• He does not support loans to the financial corporations that develop capital and facilitate loans to manufacturing corporations.

Did I miss something?

I doubt he favors direct loans; the government usually guarantees the loan which is a different thing.
 
Maybe it's not supposed to "solve" anything, and instead is meant to try to lessen the hurt that is going on. The idea that we should do nothing at all, or that the things we suggest to try to do shouldn't be done because they are not, in and of themselves, going to "fully fix" the problem, is IDIOTIC.
ABSOLUTELY!


(who is suggesting we should do nothing at all?)
 

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