VIDEO: O’Reilly vs Frank – The Fannie & Freddie Collapse – Barney Frank denies everything

Ohio’s Dem Governor says “No” to Obama tax plan, says Obama’s view of Ohio is wrong

The following article was published in the Wall Street Journal, September 6, 2008. The article was authored by Mr. Strickland , the current Democratic Governor of Ohio. Mr Fisher is the Democratic Lieutenant Governor of that same state. 

The authors are correct – we should not believe all the gloom and doom about Ohio – Ohio has adopted progressive policies that are working and provide a brighter future for the people of that state. The gloom and doom recently described by the Obama/Biden ticket on their way accross Ohio is false.

A dark cloud on the horizon – the proposed tax policy of the Obama/Biden ticket, which would double taxes on dividends and capital gains and increase marginal tax rates to 60%, could undo all of the ground work put in place in Ohio.

You’ll note a stark contrast between the competitive tax policies adopted in Ohio and the policy proposed by the Obama/Biden ticket. If, after you read this article, you are interested in another real life comparison – take a glance at my post “Why Obama is wrong on economics – Look to Michigan”.

The policies proposed by Obama/Biden will cause business contraction and job loss.

 

CROSS COUNTRY

 Don’t Believe the Doomsayers – Ohio’s Economy is doing Fine.

By TED STRICKLAND and LEE FISHER
September 6, 2008; Page A9

Ohio is going to be a hard fought-over state in this presidential election. And consequently, the economy of this bellwether state has become highly scrutinized.

But much of this scrutiny has focused only on the admittedly tragic loss of manufacturing jobs, while overlooking major investments in tax reform, technology and higher education. Things in Ohio are not as the news coverage has made them appear.

[Cross Country]
AP
Dana Corporation’s automotive parts manufacturing plant in Lima, Ohio.

There’s no question we face serious economic challenges, and that the national economy’s decline has hit citizens hard in the wallet.

But the state has too many strengths, too many successes, and too noble a history to be portrayed as a poster child for the country’s economic woes. Look under Ohio’s hood. Its engine is being redesigned and retooled in ways that offer important lesson on how to make an economy more competitive in a global marketplace.

The biggest shift is in taxes. Ohio business leaders told us that our tax structure was outdated and made the state uncompetitive. So, in a bipartisan manner, we restructured our tax laws to lower the burden for business.

By 2010, Ohio will be one of only two states without a general tax on corporation profits or a property tax on business machinery, equipment and inventories. This year is the last for Ohio’s business property tax; next year is the last for the corporation profits tax. And Ohio’s personal income tax rates are falling by 21% across the board.

Between 2005 and 2007, Ohio’s per capita state tax burden has already fallen to 38th in the nation, from 27th, according to the Federation for Tax Administrators. When the new tax cuts are phased in, Ohio’s business taxes will be the lowest in the Midwest.

Exports, meanwhile, are booming. In 2007, Buckeye State exports totaled more than $42 billion, up 11.1% from 2006, making Ohio the only state in which exports have increased each year since 1998.

The labor force has experienced a dramatic shift in recent decades. There has been a loss of 254,000 manufacturing jobs over the decade ending in 2007. But there has also been an increase of 262,700 professional, health and education jobs over the same period.

Consider just one example. The Ohio State University Medical Center created 3,742 new jobs between 2001 and 2007 by targeting research grants related to cancer studies. Industry models show that $100 in research expenditures creates $222 in wealth in the local economy.

Research-generated jobs, however, require different skills than many in our manufacturing workforce have to offer. So we are investing the money needed to help workers gain the skills they need.

We’ve combined higher education and economic development funds to create a $150 million Ohio Research Scholars program, which will bring 26 world-class scholars to state campuses, individuals whose research specialties align with our economic development priorities. This investment builds on many others. The state has created a $1.6 billion Ohio Third Frontier program that invests in high-tech, advanced materials, bioscience, advanced energy and aerospace industries. The state is spending $250 million in a higher education internship program, and freezing tuition for two years for undergraduates so that more students can afford to stay in college. We’re also spending $100 million in scholarships for students studying science, technology, engineering and math.

Ohio recently passed a bipartisan $1.57 billion jobs stimulus plan that will invest strategically in our infrastructure, future work force and growth industries such as biosciences and renewable energy. Our new Advanced Energy Portfolio Standard requires at least 25% of electricity sold in Ohio to be generated from new and advanced technologies by 2025. This will create vast new opportunities for green energy businesses in Ohio.

Already, Ohio has more alternative energy-related projects under way than any other state. The state’s extensive manufacturing supply chain provides thousands of products to the alternative energy industry. And Ohio is home to the largest fuel cell supply chain in the country. Our welders, machinists, electricians, iron and steel workers are retooling and transferring their skills to retrofitting buildings, building mass transit, installing wind and solar power, and manufacturing energy-efficient cars and trucks.

Ohio now leads the Midwest in the growth of venture capital investments in the biosciences; we rank first nationally in per capita clinical trials and operate the largest center for stem cell and regenerative medicine between the coasts. In the U.S. News & World Report rankings, Ohio leads the nation with four of the country’s top 15 children’s hospitals. The Cleveland Clinic meanwhile has spun off two dozen start-up companies in the past decade, and averages 200 inventions each year.

Companies are responding to our business-friendly environment. Ohio ranked number one in both 2006 and 2007 in major new and existing business facilities expansion, according to Site Selection magazine.

Despite the portrait some paint of Ohio, we believe our greatest opportunities for economic growth still lie before us. And in our future, from tires to polymers, from auto glass to solar panels, from steel bars to wind turbines, Ohio will show that it reinvented itself.

Mr. Strickland, a Democrat, is governor of Ohio. Mr. Fisher, a Democrat, is lieutenant governor of Ohio.

Obama’s Flip Flopping on Iran and Iraq – Nukes ; Hizbollah

Obama appeared in an interview yesterday, 09/04/08 with Bill O’Reilly on Fox News. Not only did Obama admit that the surge in Iraq had been successful “beyond his wildest dreams” and that we are now winning the Iraq War. Obama also admitted the threat from Iran was one of the greatest threats the US  faces, reversing his position that John McCain’s assessment of the threat from Iran was incorrect.

Obama acknowledged that O’Reilly was correct when he stated that “if Iran gets nuclear weapons they would give that access to Hezbollah” the ultra fanatical Islamic group. Obama called the possibility of Iran getting Nukes a “game changer”, whatever that means, and that this game changer would be “unacceptable” under any circumstances. 

Obama abandoned his small country/small threat position on Iran. Obama has now adopted John McCain’s position on Iraq, Iran and Pakistan. Obama admitted that his “Plan B” on Iran would include a military option. Obama could not outline his plan for diplomatic negotiations with Iran nor his time line for finalizing negotiations prior to moving on to his “Plan B” . 

Obama also stated that the Iraq troop surge “succeeded beyond our wildest dreams”. Obama then went on to dance and dodge around the direct issue of why Obama would not and could not admit that his position on the Surge had been wrong.

On Pakistan, Obama continued to adopt John McCain’s positions. Upon questioning by O’Reilly, Obama admitted he would not send troops into Pakistan. Obama would continue military aid to Pakistan and pursue diplomatic negotiations in an attempt to focus Pakistan’s efforts against the Taliban fighters within Pakistan’s borders. Obama adopted McCain’s platform on these efforts. Obama stated “Pakistan is preparing for war with India”, failing to limit his observation to the fact that only the militant islamic goups in Pakistan want a violent war of religious conversion with India. Obama failed to note that both India and Pakistan have nuclear weapons.  

O’Reilly, in his post interview review, noted that, in his opinion, Obama “is a strong guy”.

While O’Reilly conducted a truly geat interview, his assessment of Obama as a strong guy wins him a “pinhead” award.

Obama’s fatal flaw is his inability to admit he is ever wrong, the surge in Iraq as just one, undeniable, example. The weakest man in the world is the one who cannot admit his mistakes or even one mistake, that he – as a man – is fallible, that he can be wrong, stop, correct his mistake and move on. This is an ingrained and apparently unchangeable flaw in Obama. If Obama is elected this flaw can and will be exploited by this Country’s enemies. Obama has been offered numerous occasions to admit he was wrong on the “Surge” but has failed to do so. To do so now, when it would only be done out of political necessity, would be meaningless.  

We have to ask ourselves who is better suited to carryout John McCain’s policies on Iraq, Iran and Pakistan, John McCain or Barack Obama. 

A 5 MINUTE PORTION OF THE INTERVIEW IS AVAILABLE ON THE FOX NEWS WEB SITE     Part 2 of the interview will air tonight 

FOX NEWS POSTS VIDEO – Biden – US winning in Iraq “our” plan worked

SEE THIS INTERVIEW ON THE FOX NEWS WEB SITE BREAKING NEWS – TOP VIDEOS – VIDEO IS TITLED “BIDEN RESPONDS TO PALIN SPEECH”.

The good Senator appeared on Fox News this morning with Brian Kilmeade. After the Senator claimed that his opponent had not mentioned Iraq in her historical speech last night, Kilmeade corrected the Senator noting that Palin did discuss Iraq, specifically, the “Surge”, which neither Obama nor Biden supported. After Kilmeade noted that the “Surge” had succeeded, Biden replied, “everyone new the surge would bring down the violence in Iraq”.

WHAT?  “Everyone new the Surge would bring down the violence in IRAQ”!

Is that why this Foreign Policy Czar and his protege Obama voted against the surge? They didn’t want to bring down the violence. Did they believe it would be a good idea for the violence to increase – maybe that is what they wanted – for the US to fail! It certainly would explain why Obama voted to cut off funding to the troops in the field. This is the guy with the Foreign Policy experience?

Watch the video to Biden claim that “our plan suceeded”

Strikes me the liberal left knows it is wrong on the war and the left is scrambling to get back in front of public opinion. They are trying to redefine their position on Iraq.

Next I expect to hear this duo claim, “our opposition to the war is what won the war”.

Obama Advisor: He opposed Troop Surge, not enough troops were to be deployed

Today in an interview on Fox News, Obama’s Chief Military Advisor, Major General Paul Eaton stated that real reason for Obama’s opposing the “TROOP SURGE” in Iraq was that the surge, which “only involved 30,000 additional troops”, did not call for a large enough number of troops to be redeployed.

The Major General refuseed to admit that the troop surge had worked. After repeated questing the  Major General admitted that the surge was responsible for the dramatic reduction in violence in Iraq.

A search of news outlet sources fails to disclose even one instance where Candidate Obama previously stated that his opposition to the surge was in any related to his belief that the “troop surge was the right idea – but we need to send more troops”. Stay tuned as the left continues its attempt to redefine its stance on the war in Iraq.

Obama on Iran / Military Option not off Table /No Nukes for Iran

In an inteview with Bill O’Reilly, to be broadcast tonight at 8 PM (Fox News Channel) Obama reverses his earlier positions while stating that he would not let Iran obtain nuclear weapons, describing such an outcome as a “game changer”. Obama went on to say that he “WOULD NOT TAKE THE MILITARY OPTION OFF THE TABLE“.

Obama explains his flip flop and how he would prevent Iran from going nuclear in the interview.

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