Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, October 16, 2008

McCain swings harder, pulls off split decision; barely

First, I want to state that I do not think McCain won this debate more than I think Obama did not do what I had hoped in places he could have clearly won. He left false claims unanswered and did not fight back as hard as I wanted him to. McCain still came off as angry, cynical and instead of offering solutions, he attacked Obama on his policy and even his character. However, because of the lack of umph Obama fought back with, I am giving this debate to McCain.

Now, let's get the lies, half truths and misconceptions out of the way from FactCheck.

"McCain claimed the liberal group ACORN “is now on the verge of maybe perpetrating one of the greatest frauds in voter history ... maybe destroying the fabric of democracy.” In fact, a Republican prosecutor said of the first and biggest ACORN fraud case: “[T]his scheme was not intended to permit illegal voting.” He said $8-an-hour workers turned in made-up voter registration forms rather than doing what ACORN paid them to do.

McCain said “Joe the plumber” faced “much higher taxes” under Obama’s tax plan and would pay a fine under Obama’s health care plan if he failed to provide coverage for his workers. But Ohio plumber Joe Wurzelbacher would pay higher taxes only if the business he says he wants to buy puts his income over $200,000 a year, and his small business would be exempt from Obama’s requirement to provide coverage for workers.

Obama repeated a dubious claim that his health care plan will cut the average family’s premiums by $2,500 a year. Experts have found that figure to be overly optimistic.

McCain claimed that Obama’s real “object” is a government-run, single-payer health insurance system like those in Canada or England. The McCain campaign points to a quote from five years ago, when Obama told a labor gathering that he was “a proponent of a single-payer health care program.” But Obama has since qualified his enthusiasm for Canadian-style health care, and his current proposal is nothing like that.

Obama incorrectly claimed all of McCain’s ads had been “negative.” That was true for one recent week, but not over the entire campaign. And at times Obama has run a higher percentage of attack ads than McCain.
McCain described Colombia as the "largest agricultural importer of our products." Actually, Canada imports the most U.S. farm products, and Colombia is far down the list.


Obama strained to portray himself as willing to break ranks with fellow Democrats. His prime example was his vote for a bill that was supported by 18 Democrats and opposed by 26. Congressional Quarterly rates him as voting with his party 97 percent of the time since becoming a U.S. senator.

In the "lie" department it is a tie. Lies were not the issue in this debate...defending the truth was.

Round 1: The Economy

In the opening round of the debate McCain was clearly getting his rear handed to him. He started out calling the 2 mortgage giants that are linked to the crisis we are now in, "Fannie & Freddie Mae." As often as they have come up, you would think he'd remember something so important correctly. Fannie Mae and Freddie Mac is not that hard to remember. I'll chalk it up to him being tired and worn out from all the campaigning he's doing. He also had his eyes wide and bugged out for much of the debate. I do not believe this is because he was "crazy eyed" as some people do. I believe this was also attributed to lack of sleep and his need to show America he can keep going and that age doesn't affect his ability to stay awake.

Unfortunately, McCain's first topic was the Economic Crisis we are clearly in. The DOW had dropped another 700+ points the day of the debate and there was no way possible for McCain to win the economic debate, considering he voted for many of the policies put into place that caused the crisis. He tried to spin it in his favor, he came out swinging, but I feel he did nothing but hit Obama's gloves in the first round.
Obama wins Round 1.

Round 2 - Joe the plumber:

Joe Wurzelbacher is a plumber in Ohio. Joe had an encounter with Barack Obama on buying a business that earned $250-$280,000 a year. McCain came out on top in this particular discussion because one thing was wasn't brought up; Joe doesn't make $250,000 a year. The business he buys will likely not pay him a salary of $250k/yr so Obama's plan truly is better for him starting off. However, when the business does begin earning enough to pay Joe $250,000 a year, the scale begins to grow wider between what he currently saves and what he would pay. Had Obama focused on that he would have won the exchange. As it stood, he did not.

The thing I didn't like categorized was that future Joe was a "normal, middle class" earner. If you're making $250,000 a year when the medium income in Ohio is $44,000, you are NOT an "average" middle class earner. That part was also lost in the discussion and lended to McCain winning the exchange.

It was after this that McCain said, "Yes. Senator Obama, I am not President Bush. If you wanted to run against President Bush, you should have run four years ago." The only problem I have with that is that he's voted for Bush's policies 90% of the time. So perhaps McCain isn't Bush...but you know what McCain is? He's 90% Bush and 90% Bush is too much Bush for me. Despite that, McCain wins Round 2.

Round 3 Negative Ad Campaigning:

The negative ads are another example of a great opportunity squandered by Mr. Obama. He could have won this debate quite easily with the proper defense. I think one thing everyone needs to realize is there is a difference between negative ads attacking someones policy and negative ads attacking someones character. John McCain clearly takes the low road on attacking Barack Obama's character instead of focusing on policy. Had Mr. Obama pointed out that 100% of his ads are attacking John McCain's POLICY instead of his CHARACTER, he would have easily won this exchange.

There was also an interesting moment where John McCain kept pushing for Obama to refute comments made by John Lewis. Mr. McCain lied when he stated that he refuted anything negative towards Obama every time it came up. Really? If that were the case, 83 IQ Sarah Palin, would have been refuted for her "Palling around with terrorists" comments that clearly had no merit. He never did any such thing...so there's a lie that wasn't included on factcheck. I think Obama could have easily won with this response, but he didn't make it so, in my mind, he lost this exchange as well. Thankfully, the polls are showing the American people don't take kindly to the negativity and anger of John McCain. McCain wins Round 3.

Round 4 - Education:

Finally the debate rolls around to something I care deeply about; education. I am an extreme proponent of education reform. We need to reform the programs we are currently spending money on and spend even more money on making sure every single American that wants to go to college gets to and money not be an issue. Education is the key to America being great again. We need to educate our children with diligence and the extreme prudence. However, we also need to educated PARENTS. We need programs at each school that forces parents to get more involved in the lives of their children. We need programs that encourage all students to WANT to go to college. Bottom line: Education, Education, Education.

I do not agree with vouchers as John McCain does. However, the way with which both senators brought forth their arguments warrants a tie in this department. They both laid out their plans for education and it's just a matter of the American people choosing which one they like. I, of course, like Obama's plan more. I want to reform what we have AND spend more money on education. If that means cutting the military, trimming the fat in pork barrel projects and going without some things for a little while, so be it. Round 4 was a tie.

Round 5 - Energy:

Unfortunately for my eyelids, Energy was no different than Education. Both candidates laid out their plans and did so in a decent fashion. While I was more impressed with Obama's 10 year plan, neither of them did anything to further enhance their stance to be better than the other's. I think both candidates will do well on Energy. However, Obama will do so with less environmental impact (i.e. less Drilling) and McCain could care less about the environmental impact of oil (i.e. Drill Baby, Drill). Even when it's obvious the oil companies could care less either, McCain still wants to suck our planet dry. But alas, my view is my view and for the sake of debating, Round 5 was a tie.




Round 6 - Supreme Court Justices:

As with the round on Education and Energy, I feel both candidates did well to bring their plan on Supreme Court nominations to light. I differ strongly with McCain on who he would choose and totally agree with Obama voting against John Roberts. I believe turning over Roe v. Wade would be the biggest mistake in American history. John McCain wants the government out of our lives but he wants Government to run our women's reproductive systems. You can't have it both ways John. Either way, this Round is yet another tie because both of them conveyed their ideas in a good fashion. It will just come down to what direction America is wanting to go. Round 6 was a tie.

Conclusion:

This debate was a bit better than the others. I enjoyed the format, I enjoyed the moderator and I enjoyed the extended time each was given to make their points or show their anger. I think Obama, once again, came off as distinguished, calm, cool, collected and McCain was, once again, angry, frustrated, haughty and overall a grumpy old man. Unfortunately, Obama did not attack back where he should and did not defend his positions with the urgency that was needed. Obama lost the debate more than McCain won it. McCain, in my opinion, seems very erratic and I'm not sure I'd want someone with anger management issues to run our economy, our military or our education system.

Stats: Obama won one round, McCain won 2 rounds and they tied 3 rounds. According to the score and comparatively in boxing, McCain eeked out a win with a split decision. Neither fighter was hurt but they both know they were in a battle.

Despite my opinion, the American people have decided who won the debate. While I think McCain won, it's apparent the American people disagree with me. In an interesting International development, it is also apparent that those who bet on Obama to win the election can now claim their winnings after this last debate.

I'm not counting my chickens. I have now moved any state with a 5% or less Obama lead to be McCain's state. Unless something major happens, McCain will win this election easily. I can only hope the swing heads in the left direction this time around.

Morning Tax Brief

I don't have time to do a complete debate roundup from last night until this evening. I do feel McCain won the debate, but not by enough to matter in the polls. According to polls it seems Obama won his 3rd debate in a row. I don't believe in polls.


Anyway I will have more later, for now let's talk taxes.

Feel free to comment on the debate now, or wait for the write-up later.


Tuesday, September 30, 2008

GOP Blames "hurt feelings" for Bailout not Passing.

Awww, did you get your feelings hurt?

Sometimes the whining from the GOP gets to an all-time idiotic level that makes most of the American public throw up their hands in disgust. This is one of those times.

The GOP could have taken this opportunity to claim they helped America by not passing this bill. 95 Democrats could have joined them in this cause. Democrats could have said the legislation did not contain enough regulation or enough punishment for Wall Street executives that got us into this mess. The GOP could have said their constituents were upset and did not want them to vote for it. This didn't happen.

Instead, the GOP blamed the Democrats for the bill not passing.

What? Did I hear that right? I did.

The GOP is blaming the Democrats for this bill not passing because of Speaker Nancy Pelosi giving a speech telling the TRUTH?

Partisan Politics Aside:

Now we've heard from both sides that they want partisan politics & presidential politics off the table when voting for this bill. Because of this stance by the American people, John McCain suffered his worst poll numbers in a long time after the debate. Now, because of the bailout not succeeding, it is fair to say that he can re-stable his white horse. This is the fault of the GOP, hands down.

Most GOP & Democrats have resisted this bill since it's inception, as they should have. The lack of oversight and regulation by the original Paulson legislation was horrific, irresponsible and downright wrong. The Democrats knew this and immediately pounced on it. Good for them and for the fiscal Conservatives in the GOP that did as well. Though they did it for different reasons, the end result was the same.

Working Together:

I hate the term "Bi Partisan" as it has been an oxymoron of stupendous proportions in the last 8 years (sorta like Military Intelligence). This wasn't about bipartisanship, it was about political posturing during an election year. This is why so many democrats said no to the bill. Nancy Pelosi did not want the democrats owning this bill, period. I don't blame her. She wanted 2/3 of Democrats and 2/3 of Republicans to vote for this bill. There is VERY GOOD reasoning for this. She wants the Democrats AND the Republicans to own this equally. The way it was setup was to show that not everyone agreed with it, but that it was agreed upon on both sides of the aisle.

The Republicans did not vote NO to this bill because their feelings got hurt. But, stupidly, they are saying they did! What a crock! They have now taken a giant foot and inserted it directly in their asses because of this. Their original plan did not work so now they are crying foul on the Democrats. I cry foul on the GOP!

The Plan & Political Posturing:

The original plan of the GOP was to get Democrats to vote for this bill and then have the Republicans not show up so that later they could say, "We have nothing to do with this bill that George W. Bush and the Democrats have signed on for." A clever tactic that Nancy Pelosi saw right through. Nancy Pelosi saw that the only way for this bill to not cost the election for either party was to have bi-partisan support as well as bi-partisan negativity. This would create a political environment that would not only allow the bill to pass, but would also make it so that neither Presidential candidate was affected.

It worked perfectly.

Pelosi did her job on the phone with this one. She knew exactly how many FOR and how many AGAINST we had on the Democratic side. She knew this and adjusted where necessary. She knew the possible plan of the GOP and made sure the numbers on the Democratic side were right. The Democrats would not own this bill alone, PERIOD.

The Speech:

The day of the vote was like any other vote day in Congress with something a little bit different. It seemed the Republicans and Democrats were actually on board with what was happening. There was no feeling of smugness permeating the hall of Congress. There was no stink of ill feelings towards one another. This was all smoke and mirrors.

The GOP had never planned on signing off on this bill, and all they needed was an excuse. Nancy Pelosi gave them one.

Nancy Pelosi got up to give a speech that was full of truth. She let Congress know exactly why we got into this mess and that we should never let it happen again. She attempted to shame congress into doing the right thing. Unfortunately, thinking she could shame a Republican into understanding the truth was a mistake.

The Republicans saw their excuse and used it. They still voted JUST enough to lure American into believing it was Pelosi's fault it didn't pass. Thanks to Barney Franks (who happens to be one of my favorite congressmen), it didn't work.

Barney Franks, an outwardly gay congressman, has been at the forefront of the financial crisis for quite sometime. He is one of the first to dismiss Henry Paulson's plan and has fought diligently to get a bill passed that would keep Americans from losing jobs in the next few months. He's smart, funny and angry. His reputation as a hardball is only outweighed by his knowledge of the facts in any debate. This man knows what he is doing

Thursday:

Not only are we having a historic debate on Thursday, but we may see another version of the bailout plan up for a vote. Watch for major political posturing and for the Democrats to cave in as usual. Watch for the Democrats balls to shrink, voices go squeaky and dicks go limp.
They may have won this round...but the GOP knows how to be angry...and right now they are angry. If Democrats perform as they normally do when the GOP is angry...I expect them to give in to whatever they want.

I hope I am wrong.

Saturday, September 27, 2008

McCain vs. Obama Debate Analysis

The debate last night was one of anger vs. level headedness. Many times it was also a debate on lies vs. the truth. While I feel Obama had a better night in terms of truth, McCain showed his strength on Foreign Policy in a haughty and, according to some, in a disrespectful way. McCain seemed to force himself to not look Obama in the eye even once the entire debate. I doubt any Republican out there will feel that McCain was too haughty and dismissive of actual facts. On the other hand, I am a Democrat who feels Obama could have done so much more, and didn't.

The polls show Obama winning by at least 1% amongst all the ones performed. I disagree with the polls.

Obama vs. McCain Round One:

While I was hoping to give this debate three rounds, it simply wasn't meant to be. As the debate begins Obama comes out strong on the bailout plan:

"No. 1, we've got to make sure that we've got oversight over this whole process; $700 billion, potentially, is a lot of money.

No. 2, we've got to make sure that taxpayers, when they are putting their money at risk, have the possibility of getting that money back and gains, if the market -- and when the market returns.

No. 3, we've got to make sure that none of that money is going to pad CEO bank accounts or to promote golden parachutes.

And, No. 4, we've got to make sure that we're helping homeowners, because the root problem here has to do with the foreclosures that are taking place all across the country. Read more about the expectations"

With McCain siding with the House Republicans' initial plan for less regulation, less corporate taxes and lowering the capital gains tax it is apparent he doesn't realize that that is the exact recipe that got us in this mess in the first place.

"And (I) have no doubt about the magnitude of this crisis. And we're not talking about failure of institutions on Wall Street. We're talking about failures on Main Street"

It is obvious how out of touch McCain is with a statement like this. While "Main Street" can take some of the blame for our crisis, it is, in the end, the investment banks & lending institutions that approve loans. The crisis roots in their inability (thanks to no regulation) to vet the borrowers' ability to pay timely as well as passing around debt with far too little care on what happens in the long run. It is also failures of the Bush Administration to put taxes on shipping jobs overseas to encourage more growth at home. Adding to this the investment banks lack of oversight and extreme corporate greed, you have a recipe for the disaster we currently have. These three factors played a roll in our current crisis and McCain just doesn't get it. While he claims he wants oversight, his actions speak to the opposite. Let's not forget that McCain didn't even bother to read the 2 and a 1/2 page Paulson document until Wednesday of last week. He was making opinions on the crisis situation as if he had read it, but when pressed admitted he would have to get back to the reporter.

It is also important to note that in the opening question McCain decides to tell his first lie of many:

But there's also the issue of responsibility. You've mentioned President Dwight David Eisenhower. President Eisenhower, on the night before the Normandy invasion, went into his room, and he wrote out two letters.

One of them was a letter congratulating the great members of the military and allies that had conducted and succeeded in the greatest invasion in history, still to this day, and forever.

And he wrote out another letter, and that was a letter of resignation from the United States Army for the failure of the landings at Normandy.

Not only is this a bold faced LIE...but it is so widely known to be a false claim, that this, once again, shows how out of touch with the truth John McCain is.

By the end of the evening Lie-O-Meter showed McCain: 11 Lies - Obama: 3.5 Lies. (You can read the lies at the end)

It is also important to note that McCain claiming move oversight on Wall Street prompted Obama's first invocation that John McCain is "absolutely right." While I know some debate analysts will claim this is a bad debate tactic, I disagree. I think one candidate showing that they have the ability to think the other is right on some issues is noble and NORMAL. John McCain, I believe, did not claim Obama was right on ANYTHING the entire night. Not only is this the "Old Boys" way of thinking, it speaks volumes on his current stance on bi-partisanship. This is a different McCain from 2000. This McCain continues to scare me.

After a few minutes of all talk and no substance by both candidates, McCain had this gem to lay out to the American people:

"You know, we spent $3 million to study the DNA of bears in Montana. I don't know if that was a criminal issue or a paternal issue, but the fact is that it was $3 million of our taxpayers' money. And it has got to be brought under control."

Now, I don't know if the bears needed their DNA studied or not, but what I do know is that John McCain himself voted FOR the legislation containing this study. Again this shows that McCain continues to use poor judgement in his attacks against the 'system.' A clear point that needs to be made is the change in John McCain since the year 2000. He is no longer the maverick voting against his party. He has gotten more conservative as he's gotten older, not less. John McCain outright panders to the "evangelical right" (as an example) even though he's made direct attacks against them years ago. My real fear is, "Which John McCain do we get, old John McCain or the older John McCain?"

Obama: Let's just be clear.

What I do is I close corporate loopholes, stop providing tax cuts to corporations that are shipping jobs overseas so that we're giving tax breaks to companies that are investing here in the United States. I make sure that we have a health care system that allows for everyone to have basic coverage.

I think those are pretty important priorities. And I pay for every dime of it.

Now let me be clear on this one. The plan Obama currently has for public view does NOT appear to "pay for every dime of it." Obama did an excellent job of fending off the "Raise your taxes" attacks from Mr. McCain. He did so without admitting he is raising taxes (on the rich). Great debate tactic and kept the lie of earlier at even. While Obama DOES pay for the new projects that he proposes he fails to let the public know that he is inheriting a $700+ billion dollar deficit (thanks to Bush, the former rubber stamp congress and Iraq) and Obama needs to update his plan to account for the deficit.

Don't get me wrong, I feel Mr. Obama will do this but he needs to get more specific on spending cuts, capital gains tax increases, and more importantly, taxing companies who ship jobs overseas. This worker tariff tax could very well solve our national debt over the next few years. And if it didn't, it would create a huge amount of new American jobs, give us a better sense of national pride in our own products and give the world the view that we can still do it on our own now and then! Allowing companies like former CEO, Dick Cheney's Halliburton, to move their home base to Dubai just to avoid taxes should NOT BE ALLOWED. Especially when this company was given NO BID CONTRACTS in Iraq to do work on behalf of the American people.

McCain wants to make Bush's tax cuts permanent and his tax plan actually rewards companies for shipping jobs overseas. McCain's tax plan gives all corporate players tax cuts without any stipulations that give punishment to corporations for shipping jobs overseas. I'm not an accountant, but I'm pretty sure that giving Corporations tax cuts should come with stipulations. If the government is scratching YOUR back...then you should be scratching the American people's backs in return.

Debate Tracker: Round 1 on Economics goes to Barack Obama.

McCain vs. Obama Round Two:

I ended up having to split this debate up into two rounds instead of the three I originally wanted. It was a little less than halfway through that the debate shifted to Foreign Policy. This is where McCain gets angry and nasty and Obama is too timid on some responses.

I think the lessons of Iraq are very clear that you cannot have a failed strategy that will then cause you to nearly lose a conflict. Our initial military success, we went in to Baghdad and everybody celebrated. And then the war was very badly mishandled. I went to Iraq in 2003 and came back and said, we've got to change this strategy. This strategy requires additional troops, it requires a fundamental change in strategy and I fought for it. And finally, we came up with a great general and a strategy that has succeeded.

While McCain centered his Iraq policy around the Surge, Obama maintains the position that it was the poor judgement of leaders in Congress, like John McCain, that got us into a war based on lies in the first place. Unfortunately, the presentation by McCain was sharper and I think resonated a good knowledge on the subject.

Senator Obama said the surge could not work, said it would increase sectarian violence, said it was doomed to failure. Recently on a television program, he said it exceed our wildest expectations.

Let's be clear here. The surge was not and is not a complete success. While there was not an increase in sectarian violence, there was not a lessening of it, either. Never forget that we are paying off the Iraqis to not fight. A move that is politically motivated to help maintain peace until after the election. The sunnis and shi'a are still on the brink of a civil war. While I feel the surge was a great initial strategy, the list of goals originally proposed has still to be completed in a timely fashion. The Sunni Awakening has a lot to do with helping the short term success of the Surge appear to work. However, it hasn't. What it DID do was reduce U.S. troop death averages. I am totally glad it did, but we need to be thinking of the Iraqis as well as ourselves in this conflict. With over 100,000 Iraqi's dead and the countrymen and women still maintaining a 300-500 person death toll per month since the surge, a phased redeployment is obviously needed to get the Iraqis to stand on their own.

Senator Obama is the chairperson of a committee that oversights NATO that's in Afghanistan. To this day, he has never had a hearing.

Another outright lie by McCain. Obama has been to hearings on Afghanistan. On the flip side, McCain has not been to even one of the eight hearings on Afghanistan.

Despite the truth being on Obama's side throughout much of the debate, John McCain still came off better when it came to foreign policy. Unfortunately, the McCain lies appeared to be truth and the likelihood of normal America researching the truth is very low.

Because of his haughty and almost angry debate style John McCain lost the economic battle against Barack Obama. Ironically, the very same debate style is what led Mr. McCain to win the second round of the debate. Mr. Obama came off as cerebral, but he was not tough enough to call out McCain's lies and didn't have enough substance to offer himself.

Debate Tracker: Round 2 on Foreign Policy goes to John McCain

Conclusion:

In my opinion, last night's debate was a tie.

Obama showed his strength on the economy and silenced the critics who felt he would be severely beaten on Foreign Policy. While Mr. Obama did not win the debate on foreign policy, he showed that he has a plan and will make sure it gets executed. Mr. Obama did a far better job at telling the truth than his opponent. While some figures were off and "families" should have been used instead of "people," the list was very minor. Due to this, I believe Mr. Obama showed himself to be very presidential and maintaining a presidential sense of integrity and gave him Round 1.

John McCain showed his strength with several harsh and haughty responses. A lack of direct contact with Mr. Obama, which some may have seen as disrespectful, I saw as a smart move to keep Mr. Obama on the defensive during the entire foreign policy segment. It was this harshness 'street fighter' mentality that helped him in the end. Most of the American people will likely see him winning the debate on Foreign Policy. While I do not feel his tactics are right for (bomb, bomb, bomb, bomb, bomb) Iran & the rest of the world, there is no doubt he is driven in his desire to resolve foreign affairs. Mr. McCain did an excellent job of making Mr. Obama seem almost too reserved at a few key moments later in the debate. Mr. Obama needed to win at the podium, not in the fact check later. This is why I give John McCain round 2.

Congratulations on both Candidates for winning a round. I have major policy differences with John McCain, but I'm not so blind that I cannot see where he performed well.

What's next?

On Thursday, October 2nd, 2008, VP candidates Joe Biden and Sarah Palin will participate in a debate that will likely cover a large amount of topics. While most of the country is anticipating a blood bath, I am not. Sarah Palin will show up poised, knowledgable, and confident thanks to McCain's strong finish last night.

Do not be fooled into believing she will mess up. Instead, focus on her policies and the way she could shape the country. It doesn't take long to realize that Sarah Palin is more like George W. Bush than even McCain is. Her lack of experience is real, but she will be trying to hide that the entire evening. I feel Palin will be successful unless the moderator actually follows up on questions and encourages answering the question with something other than the memorized responses.

The problem with that is that Biden will be put into the same spot. While I like Joe Biden and feel he is the most qualified of the entire bunch to be President, he has gaffe issues and sometimes doesn't think before answering.

Here's the list of lies and how much they weigh:

McCain's Debate Lies, Half Truths and Exaggerations
Lie: 1 McCain
Obama said McCain adviser Henry Kissinger backs talks with Iran “without preconditions,” but McCain disputed that. In fact, Kissinger did recently call for “high level” talks with Iran starting at the secretary of state level and said, “I do not believe that we can make conditions.” After the debate the McCain campaign issued a statement quoting Kissinger as saying he didn’t favor presidential talks with Iran.

Lie: 2 McCain
McCain and Obama contradicted each other on what Joint Chiefs of Staff Chairman Admiral Mike Mullen said about troop withdrawals. Mullen said a time line for withdrawal could be “very dangerous” but was not talking specifically about “Obama’s plan,” as McCain maintained.

Lie: 3 McCain
McCain tripped up on one of his signature issues – special appropriation “earmarks.” He said they had “tripled in the last five years,” when in fact they have decreased sharply.

Lie: 3.5 McCain (McCain's healthcare gaffe is only worth 1/2 point)
McCain misrepresented Obama's plan by claiming he'd be "handing the health care system over to the federal government." Obama would expand some government programs but would allow people to keep their current plans or chose from private ones, as well.

Lie: 4.5 McCain (here's where a simple Google search would have prevented)
McCain claimed Gen. Dwight D. Eisenhower had drafted a letter of resignation from the Army to be sent in case the 1944 D-Day landing at Normandy turned out to be a failure. Ike prepared a letter taking responsibility, but he didn’t mention resigning.

Lie: 5.5 McCain
McCain claimed that Admiral Mullen suggests that "Senator Obama's plan is dangerous for America." It is important to note that this was a particularly heated exchange between the two and McCain appeared to win the exchange with an outright falsity.

Lie: 6.5 McCain
McCain brought up that he went against President Bush when it came to torture. This is not true. While McCain was outwardly spoken against torture, in the end he voted AGAINST the bill that would ban waterboarding as an interrogation tactic.

Lie: 7.5 McCain
McCain again repeated the claim that we send "$700 billion to foreign country's that don't like us very much." The number is actually $536 billion. Normally I would let this go as a 1/2 point, except one third of that money is sent to the U.K. (ally), Canada (ally) and Mexico (ally). A slap in the face to our 3 best allies.

Lie: 8 McCain (Would have not counted it at all, except he's repeating lies that have already been debunked a while back - 1/2 point)
McCain repeated the false insinuation that Obama opposed naming Iran's Islamic Revolutionary Guard Corps as a terrorist organization.

Lie 9 McCain
McCain was went too far when he said, "I saved the taxpayers $6.8 billion by fighting a contract that was negotiated between Boeing and DOD that was completely wrong. And we fixed it and we killed it." McCain did lead a fight to kill the contract, and the effort ended in prison sentences for defense contractors. But the contract isn't exactly "fixed" yet. In fact, questions have been raised about the role McCain has played in helping a Boeing rival secure the new contract.

Lie 10 McCain
McCain said Obama was against storing nuclear waste. That's very obviously not his position. Obama's official position has always been that he does support safe storage of nuclear waste.

Lie 11 McCain
McCain stated, "I have voted for alternate fuel all of my time. ... No one can be opposed to alternate energy." But McCain's record says differently. He has voted against funding for alternative energy on 11 occasions. He may be in favor of alternative energy in theory, but he has declined opportunities to support it.

Obama's Debate Lies, Half Truths and Exaggerations
Lie: 0.5 Obama (no such increase is in Obama's current plan and the legislation voted for would not actually tax the single taxpayer without further legislation being written, so as it stood the taxing of that bracket did not take place in that particular vote - 1/2 point)
Obama denied voting for increased taxes on “people” making as little as $42,000 a year, as McCain accused him of doing. McCain was right, though only for single taxpayers. A married couple would have had to make $83,000 to be affected by the vote, and anyway no such increase is in Obama’s tax plan.

Lie: 1 Obama (a dumb mistake that was true not long ago - 1/2 point)
Obama claimed Iraq “has” a $79 billion surplus. It once was projected to be as high as that. It’s now down to less than $60 billion.

Lie: 2 Obama
Obama said 95 percent of “the American people” would see a tax cut under his proposal. The actual figure is 81 percent of households.

Lie: 2.5 Obama (saying employers instead of employees is more of a gaffe than a lie and since McCain made his own 'gaffe' on healthcare we will call it even)
Obama mischaracterized an aspect of McCain’s health care plan, saying “employers” would be taxed on the value of health benefits provided to workers. Employers wouldn’t, but the workers would. McCain also would grant workers up to a $5,000 tax credit per family to cover health insurance.

Lie: 3.5 Obama
Obama said that McCain had voted 23 times against alternative energy.