I make a lot of predictions about politics, some published, some unpublished. I’m not always right with the famed “margin of error”, but I generally get pretty close. For example, in 1999, I predicted that if George W. Bush were to become the next President of the United States it would result in World War III. I missed the mark on that one as we are all alone in our wars… wars on the economy, wars in Iraq, war in Afghanistan, the continuation of the war on drugs (there’s a certain irony there me thinks), and, of course, the war on social indecency, such as abortion and homosexuality. But, I was wrong. This is not a world war, it’s merely the most difficult time of my life to be proud to be an American. I do hope that pride will be restored in the future; however, with that in mind, I make the following prediction:
If John McCain is elected president and $200 billion dollars in tax cuts go to corporations and $4 million dollars go to the oil companies, this country’s economic recession will continue into another Depression. Why do I say this? It’s obvious that corporate America cannot be trusted, nor can the oil companies. Take the incident in Sudan wherein the United States, under the Reagan administration, by way of an authoritative Sudanese government, removed and/or killed the residents of Southeastern Sudan and moved Chevron Oil Company into the area after George H.W. Bush surveyed the area and found OIL (not inhumanity). Take the fact the at $700 billion dollars given to the banking industry has not stimulated bank lending in spite of an additional .5% cut in the interest rate. In fact, the banks are cash hoarding or spending the money on elaborate executive meetings. Why? Lack of pre-requisite. John McCain feels that pre-requisites must be met before meeting and discussing peace with Palestine, Iran, Cuba and other countries, but seems to believe there is no pre-requisite requirement to hand $750 billion dollars to the banking industry (it should be noted that Barack Obama supported the bail out as well).
To put that $750 billion into perspective, think of it this way. If that $750 billion were to be split equally among every American (including children and infants), each American would receive somewhere in the neighborhood of $2,300. Not a lot of money in the grand scheme of things, but no eliminate all children and non-tax payers and how much money would each tax-paying American receive? Somewhere in the neighborhood of $5,400.00. That’s a lot of dough. So, better to give the money to the banks without pre-requisite or to the American Tax Payer.
Now, if you don’t believe the allegations that McCain intends to provide that tax credit to corporations and oil companies, check the facts:
I had to update this post as I inadvertently misstated a fact – it was not Shell Oil, but Chevron Oil company that began drilling in Sudan after the government removed residents from the area.