Sunday, April 27, 2008

Obama Flexes His Economic Muscles


In the face of rising gas prices Obama has gone into knee-jerk liberal mode and is calling for a "windfall profits" tax on the oil companies. Obama would dramatically increase the taxes on oil companies when the price of oil exceeds $80 a barrel (oil prices will probably be above $80 a barrel for the foreseeable future). Jimmy Carter tried this and it failed miserably.

Oil is a commodity that is produced around the world (where liberals haven't prevented drilling and the building of refineries) and is sold at market rates. That market rate is determined by the supply of oil and the demand for that oil. World-wide demand for oil (especially from developing countries) has dramatically increased over the last decade and the dollar has declined in value, driving the price sky high. Increasing taxes on the oil companies will reduce their incentive to bring more oil to market, driving prices even higher. Oil companies make a lot of money when the price of oil goes up because their stock pile becomes more valuable. However, they do not set the prices. ExxonMobil, although it is a huge company, is only the 14th largest oil company in the world. They can't set the price for oil any more than a big dairy farmer can set the price for milk. OPEC, on the other hand, is a cartel that can and does influence the price of oil by agreeing on how much oil to produce.

Oil company profits cost you about 9 cents a gallon. Taxes (federal, state, local) cost you around 40-50 cents a gallon (who is gouging who?). Obama thinks this isn't nearly enough. He disguises a big tax hike by pretending he's just getting even with the evil oil companies. Who do you think will pay for the tax increase? The oil companies will pass it on the consumer by charging more for gas. McCain is calling for a reduction in the federal gas tax for the summer (it would be nice if he also favored drilling in ANWR). This would actually lower the price you pay at the pump, but Obama opposes it because, well, because it's a tax decrease instead of an increase.

Ah, the classic liberal vs. conservative debate: more government or less?

Friday, April 25, 2008

Did anyone see this interview on PBS

When the controversy about Rev Wright came out I really wondered what context it was that those soundbites came out of and how anyone could work those into a sermon. It was interesting to hear Wright talk about his church and his sermons. I thought it was an interesting interview if you have an hour it is worth your time to get another side of the controversy. My computer skipped the last six minutes of the first segment I am not sure if that was my problem or the websites but the transcript is below the movie so you can read what you missed. Bill Moyer's Journal

Sunday, April 6, 2008

Thursday, April 3, 2008

براك حسين ابام


This post is in response to the race post just below. I decided to do a new post because 1) it gets complicated to read the long comments page, and 2) I feel that my post will stray away from the previous post enough to justify a new one. 3) It is always nice to see a new post.

Clearly there are many factors involved when looking at race and how it affects different people within society. It is difficult to narrow down the key issues and where the true problems exist; however, it is no doubt important to make an attempt, as it is clear that many people are still bothered by the apparent discrimination that exists and whether it truly hinders one’s ability to function within society as equally as someone with less discrimination.

So, it would appear that from the last post on race, that there are essentially two arguments: There is discrimination in society, and this discrimination causes those who experience said discrimination to be at a disadvantage compared to those who experience less discrimination. Or, there is the argument that there is discrimination; however, this discrimination does not cause the person who experiences said discrimination any overall disadvantage within society, and they have just as much opportunity as anyone else to achieve success. Along with this idea, the problem is not with discrimination, but the problem can be found in the cultural aspects that are attributed to those who are less affluent within society.

Because we have eliminated the option that black culture in general is not simply the problem, whereby it was pointed out that the black culture within urban areas is far more likely to experience problems and poverty than African immigrants, it is then necessary to consider why black culture within the urban setting does in fact experience more problems--that is single families, lower incomes, higher drug use, and bla bla bla. Looking at the broader social contexts that contribute to the urban culture, it is clear that many factors play a role in shaping this urban culture—race, gender, family, education, employment, and so on and so forth. I think it is difficult to really attribute the whole problem of race and the underlying problems that are associated with it simply to the family unit and the production of income within that unit. Clearly income plays a role, but if there is in fact discrimination that leads to one person of one race being able to earn more income than another person of a different race, then that would simply place one person at a clear advantage over the other.

Although I am quite certain that I do not have the means to figure out a vast history of inequality, I believe that I can narrow it down to a certain degree. John has pointed out that income is a clear factor, and I would agree with this. However, I think that black people are at a clear disadvantage and I believe Micah has pointed this out quite well. I will use a simple analogy in order to help illustrate my point and add to what micah has suggested.

Using a capitalist argument (uh oh, here comes more of that socialist propaganda) in order for competition to be fair, protectionist policies are not acceptable. Looking at urbanized black communities, they are essentially facing the same struggle as businesses that are competing against those with the advantage of protectionist policies, in that they do not have the same funding or support to fall back on. Ok, so I think my simple analogy wasn’t very simple at all, but perhaps with some thought someone might be able to see the relevance. In short, however, black people who are born into a poor family, who grow up within a cycle of poverty and despair, are certainly going to experience this disparity much easier than the white boy that lives a sweet, little, nerfy life. Sitting on his biscuit, never having to risk it.

I also feel that there is even a clear cut example of discrimination within the current presidential race (no pun intended). The fact that so many people have resorted to identifying Barrack as “Barrack Hussein Obama,” should indicate that there is indeed discrimination. The addition of his middle name no doubt attempts to depict him as someone that the country cannot trust, which in the end places him at a clear disadvantage to getting the job compared to someone without such an untrustworthy name.

Really, I could go on and on about the broader social contexts that play a role in creating a disadvantage for blacks compared to whites. But I feel that I have easily said too much as it is. In closing here is a link to a recent study where it shows that the majority of Americans, subconsciously, dehumanize black people by associating them with apes. Clearly if this is true, this would greatly affect how black people function in a society that so easily dehumanizes them.

In the end, I actually agree with John over the fact that Barrack will not be able to unify the country. For me though, it has more to do with the fact that I believe economics does play a key role in the development and equality of race, and Barrack clearly represents the status quo on so many issues that are important to not only the economy in the US, but also abroad.

Monday, March 31, 2008

McCain and the 100 Years Comment


The Democrats are off and running with McCain's comment that we may have a military presence in Iraq for 100 years:
  • “He (McCain) says that he is willing to send our troops into another 100 years of war in Iraq” (Barack Obama, Feb. 19).
  • “We are bogged down in a war that John McCain now suggests might go on for another 100 years” (Obama, Feb. 26).
  • “He’s (McCain) willing to keep this war going for 100 years” (Hillary Clinton, March 17).
  • “What date between now and the election in November will he (McCain) drop this promise of a 100-year war in Iraq?” (Chris Matthews, March 4).
  • McCain promises “an endless war in Iraq.” And “McCain’s strategy is a war without end. . . . Elect John McCain and get 100 years in Iraq.” (Howard Dean, fund raising letter)
Charles Krauthammer argues in National Review that these are very dirty lies. What did McCain actually say?
Asked at a New Hampshire campaign stop about possibly staying in Iraq 50 years, John McCain interrupted — “Make it a hundred” — then offered a precise analogy to what he envisioned: “We’ve been in Japan for 60 years. We’ve been in South Korea for 50 years or so.” Lest anyone think he was talking about prolonged war-fighting rather than maintaining a presence in postwar Iraq, he explained: “That would be fine with me, as long as Americans are not being injured or harmed or wounded or killed.”

Is there any doubt that McCain was talking about having a troop presence in a peaceful Iraq, like our presence in Japan, South Korea, or Kuwait? Will the Democrats demand an end to our 67 year war with Japan? Maybe Obama should consult one of his leading military advisers and his campaign co-chairman, Gen. Merrill McPeak. Five years ago McPeak, although he is a war critic, suggested that “we’ll be there a century, hopefully. If it works right.”

Our military presence around the world projects power and gives stability to vulnerable countries. In the future it's possible that Iraq could pay most of the costs of our military presence, like Japan does now.

Our country needs to have a real debate about what to do in Iraq. Should we stay and keep Iraq on the road to peace and democracy or should we cut and run, leaving the country to terrorists (including Iran)? Is the prospect of a free and peaceful Iraq worth the cost to us in lives and treasure? The Democrats' lies about McCain's plans for Iraq do not constitute a serious debate.

Wednesday, March 19, 2008

Anyone up for a discussion on Race

Where to begin. This primary season has been an interesting one to follow and it certainly has taken a sad turn lately. When Geraldine made her comments i was a little torn because on the one hand i think she has a bit of a point, but what bothered me was that her statement basically boiled him down to one attribute:race. Then there was the endless loop of Pastor Jeremiah Wright's sermons. And everyone seemed excited by the potential fall of barack obama. Then he gave his "A more Perfect Union" speech. I was with a client from work at Dunkin Donuts and it came on the TV and I couldn't help but watch. After he was done it gave me chills in a good way. In my life time I have never heard anyone talk about race in such a way, especially from such a platform. It was like being back in college talking about the complexities of the racial divide in our country that has been smoldering under the surface. I encourage you to watch the speech in its entirety and not just the sound bites. A More Perfect Union One of the things I appreciated was the way he didn't simply sever ties with Pastor wright. In or country the way to deal with problems is to distance yourself from the trouble issue and then act like it never happened. What barack's speech did was instead of trying to get away from the issues he stopped to try and start a national discussion. He acknowledged how horrible Wright's comments were and then proceeded to talk about how they reflect an issue in our country that we have never really dealt with. The civil rights movement was only a generation ago and we since that time we have tried to pretend that everything is fine now there is nothing to work through. Racial issues in our country are so complex and so embedded in our national fabric thats why it has been such a hot button. I am curious to hear from you guys how the speech was received in your local areas and what has been the discussion afterwards. Also what are your perceptions of how it has affected the national media. I know barack is a flawed candidate but after hearing that speech he just excites me in the way that he can lead the country in national discussion towards reconciliation. Those same values can lead us to more productive discussions in our foreign relations and in domestic issues such as health care and education. I started this post as a chance to talk about racial issues so I am curious to hear what has been on people's minds lately. i dont know i have been a bit out of sorts lately. The sports radio station I listen to is really conservative and they have just been ripping barack to pieces and totally dismissing that there are still issues of race to discuss in our country. It goes beyond just electing him. I feel like he could be a pivotal person to help our country grow and move forward. thanks guys. I also liked this article.

Monday, March 17, 2008

Clever ad

Go check out this very clever advertisement. It's got a good message for summer too!

Thursday, March 6, 2008

so fresh and so clean

Obamamania



So a co-worker and I went to the Obama rally in Rhode Island. It was pretty crazy. We waited in line for two hours in the rain just to get in the gym and then we waited for another three hours before Barack spoke. It was like being at a rock concert. The place was packed and there were just as many people outside as inside. And yes someone fainted! People went absolutely crazy he really is a rock star. I wish that I could have heard him speak earlier because by this point in the campaign everyone has already heard his sound bites. Everything you have heard is true. He is a very inspiring and charismatic speaker. And now to the nitty gritty. I agree with some of his policies others I dont. I think his ideas on education and social security are good. I'm poor so i don't have a real problem with taxing the rich :) The thing that is most compelling about him is his philosophy and style towards government. He speaks about empowering the public to make the changes they want to see. You can see this in the way his rallies go. In the way he has inspired the grassroots movement to support him. You can see it in the way he has gotten so many people to volunteer for him. And you can see it in the way he has been able to raise money at a historic rate. He has the ability to get people to act. He speaks about wanting america to come together. There is nothing wrong with talking about hope. It is too bad the Clinton campaign has turned these strengths into a liability. Hope is what pushes people to see the world as it can be rather than what it is. Is that naive? it shouldnt be otherwise what are we doing on this world. The tides have turned a little as if speaking eloquently is somehow a weakness. This is part of what the president does. How many saturday night live skits have you seen where they make fun of some stupid thing President Bush has said. How many times do I have to hear Hillary Clinton screech "lets make it happen" Barack Obama is the type of leader that is compelling enough to touch not only americans but also the world scene. As far as the credentials and experience goes to be honest none of the three canidates left has ever answered the 3 am call. And I actually buy his argument that he showed good judgment voting against the Iraq war and a thoughtful person is who I want answering the phone. So like I said there are some of his policies that I like others I dont. He certainly has faults. But he inspires people and I think this is what we want in a leader.

Tuesday, February 26, 2008