Preview of Obama speech
Doors opened at 11 a.m., so things are rolling by now, right?
Ha.
Folks at the fairgrounds are still waiting for things to get moving.
Two of Obama's economic advisors, Austan Goolsbee and Jason Furman, are doing a conference call with reporters right now to preview the speech.
According to Goolsbee, Obama will touch on three main points:
- * More stimulus. Money would come from the federal government to aid states so they don't have to slash services and more money would be put into unemployment insurance. Also, additional tax rebates targeted to lower income families so they would get money in their pockets. (I guess this is one place where he and President Bush agree?)
- * More work on housing policies, including stiffer penalties for those who offer bad loans. Also, Obama said he wants to deal with what he calls a "massive backlog in foreclosures" by way of a $10 billion fund to prevent further foreclosures.
- * Riffing off something mentioned above, tax cuts for those earning less than $40,00 a year and tax relief to help people make housing payments."
They also slammed McCain's economic policy.
Comments (1)
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Obama is a lie wrapped in deceit. Obama changes his words and positions to fit the moment. Obama will say whatever you want to hear to get elected and then he will shove his Marxist ideology down your throat Obama's S2433 senate bill is proof of that. Google Obama's S2433 and read for yourself about The UN Global Proverty Act that Obama is pushing. Also you should look at this factual YouTube video about Obama below that explains who Obama really is.
http://www.eyeblast.tv/Public/Video.aspx?rsrcID=2036
If you don't believe in killing babies that survive abortions, look at the factual video on The Born Alive Protection Act and Obama's opposition to it and the survival of these helpless babies.
http://www.youtube.com/watch?v=QPZCXcTwZPY
Posted on August 2, 2008 3:44 PM