Zeldman on False Ads

A modest proposal:

Cigarettes kill individuals, but lying political ads hurt the whole country… If you run a political ad that proves to be a lie, your network will pay a steep fine, and the advertiser will pay an even steeper one.

Fair enough. Though I have to thank the dishonest ads to help me see who I should not vote for.

Greenspan: No McCain Tax Cuts Without Reduction

AP:

Alan Greenspan says the country can’t afford tax cuts of the magnitude proposed by Republican presidential contender John McCain — at least not without a corresponding reduction in government spending.

“Unless we cut spending, no,” the former Federal Reserve chairman said Friday when asked about McCain’s proposed tax cuts, pegged in some estimates at $3.3 trillion.

“I’m not in favor of financing tax cuts with borrowed money,” Greenspan said during an interview with Bloomberg Television. “I always have tied tax cuts to spending.”

Bill Clinton’s DNC Speech

A reader just reminded me how great Bill’s speech was and the lines that stay with me till this day are:

My fellow Democrats, sixteen years ago, you gave me the profound honor to lead our party to victory and to lead our nation to a new era of peace and broadly shared prosperity.

Together, we prevailed in a campaign in which the Republicans said I was too young and too inexperienced to be Commander-in-Chief. Sound familiar? It didn’t work in 1992, because we were on the right side of history. And it won’t work in 2008, because Barack Obama is on the right side of history.

Tax Comparison Chart

At least five people I have brief conversation with are assuming that Obama will increase tax. It’s not false if your family income is between $600,000 to $2.87 million or above. Most of us Vietnamese-American, I assume are in the $66,000 to $200,000 range, would actually get some decrease. A chart on Washington Post compares and contrasts Obama and McCain tax proposals. Notice that McCain cuts more tax for the wealthy (-4.4%) than the poor (-.2%).

Obama is on the Right Track

At a town hall meeting in Concord New Hampshire, Obama focused on the issues, continued to grill McCain, but hardly mentioned Palin. I am impress to see that he is not taking the bait from the negative ads and Palin effect. He recognizes the political garbage McCain is throwing at him, but he is not going down to that level. As for Palin, her interview with Charlie Gibson and the same-speech-different-location clips showed on 20/20, in which she repeats her word-for-word speech from the RNC, prove that she is not even a competitive candidate in this race. I have enough of her, and he should be done with her also. Let’s move on.