You Can Spell Politics Without Facts

So I just read a Newsweek article that says that Barack Obama just released an ad that said that McCain recieved $2 million from big oil companies. Well it turns out that he only received $1.3 million. Also the ad says that McCain wants to give $4 billion in tax breaks to big oil companies. It is true that his plan would give oil companies about $3.8 billion in tax breaks but this is really misleading because McCain isn't giving tax breaks specifically to oil companies but rather reducing the corporate tax rate which helps all businesses, oil companies included.

Sadly this is what politics is these days. Its too bad that commercials have to distort truth and mislead. Why can't Obama just use actual facts and find out his opponent's real weaknesses.

It is also interesting that Obama has accepted $400,000 from big oil companies. This is less than McCain but still a lot of money and makes Obama a bit hypocritical.

Lastly Obama in the ad says he wants to do a windfall profits tax on oil companies. Without getting into too much detail this would raise the price of oil so it would basically make things worse for everyone. Also defining "windfall" is really difficult so I don't think this would work. It is just politics. It sounds good when you are mad at the high gas prices but just doesn't work in reality. I suspect that Obama knows this and is only doing this to win votes. This makes me think less of him. I liked it when he refused to play the gas tax holiday game that everyone else was doing because it wouldn't work. It is unfortunate that on the same issue he is now willing to play games that won't work.