At a McCain campaign earlier this week, a local sheriff spoke to show his support for McCain/Palin and his disagreement for Barrack Hussein Obama.  How the absurd national media is targeting this sheriff, claiming his remarks have racial undertones.  Let me say it again, "Barrack Hussein Obama".  This is the man's name.  Am I a racist for saying his full name, please.  This reminds me of the last debate when McCain pointed at Obama and said, "that one".  Is the media and victim democratic party that sensitive that a full name of someone being referred to without sake of his name that offensive?  If so I expect these same people cry every time they watch a sunset.  Of course they don't so we can attribute this outcry as another ridiculous liberal media talking point.  You know my first and last name are British but my middle name is most common among the black population.  If someone refers to my full name are they calling me black?  If so, I certainly don't care.

Over the next number of years our Country has enormous financial issues to overcome.  One thing is for sure, neither Obama nor McCain can avert the aforementioned disaster.  Damage control is the name of the game.  Lending, foreign direct investment, profits, etc. will all suffer for years to come.  So what can we do to best control the situation? 

Barrack Obama believes that we can tax the rich and redistribute to the poor and middle class.  This is done first through raising the taxes on the wealthy and lowering taxes on the middle class.  This is nothing other than a tax hike and classic redistribution through favorable tax rates on those less fortunate.  The next phase is a host of government programs starting with health care reform which benefit those paying fewer taxes.  He has proposed taxing both large corporations and small business at a higher tax rate.  Small businesses making 250K or more would see a tax hike.  Over half of small business operations would fall under this category.  We are not talking about large companies here; a small firm with 10 people could easily exceed 250k in revenues.  This will adversely affect the ability of small firms to hire people along with the requirement to provide health care; you get a recipe for disaster. 

If you look at any emerging and thriving economy and what led them to that path, it becomes obvious.  I will exclude oil rich nations which have to do nothing other than option their resources.  I will use Ireland for an example.  20 years ago Ireland was a poor and unstable country in Europe with little or no prospect.  Today they enjoy the fastest growing economy and near highest wages in Europe.  How did they accomplish this?  Number one they stabilized their country in regards to security.  America already enjoys this so next point.  The Irish realized that they had to attract massive amount of foreign direct investment.  That meant foreign firm opening factories and investing in their infrastructure.  To accomplish this they offered large tax credits, low taxes, and every other incentive in the book.  It worked and auto, technical, and a host of other firms relocated or opened new factories.  The US has the second highest corporate tax in the world.  Liberal politicians along with Barrack Obama want to raise taxes even more on the big evil corporations they despise.  This will drive more business oversees to countries like Ireland.  You see economics on a political level isn’t that complicated.  You keep taxes and spending low and you offer every incentive to attract foreign money.  As much as nobody wants to admit we need China to buy our debt, we need foreign auto companies to build cars here.  Low taxes both on a corporate and individual level do a few things.  It encourages people and firms to invest and make money due to the fact that they have more to invest and a greater drive to increase their portfolio.  After all without financial confidence and drive we have nothing more than we have now.  This is not a fix to our situation but a recipe to improve things over time.

We also need to tap into our natural resources without the constant annoyance of special interest group.  This includes drilling, nuclear, alternative fuels, etc.  Why isn't our nation powered by nuclear energy, it's cheap, efficient, and clean if done with modern technology.  Gas prices are obscene but we can give tax credits to buy fuel efficient cars and perhaps larger tax credits to buy alternative energy vehicles.  This will take a long time so more and cheaper gas in necessary now.  I’ve got to say that Obama has said or done nothing to ensure our economy has a healthy recovery, his policies are quite the contrary.  Am I right?