20080603 Democolypse Now on Answers com

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In last week’s episode of “Democolypse Now,” the continuing saga of the deconstruction of America by the 2008 presidential campaign, we find Sen. ...

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20080507 This week in The Tentacle

This week in The Tentacle

Wednesday, May 7, 2008

Pandering of Tulipomaniac Proportions

Kevin E. Dayhoff

In last week’s episode of “Democolypse Now,” the continuing saga of the deconstruction of America by the 2008 presidential campaign, we find Sen. Hillary Rodham Clinton proposing [...]

20080507 This week in The Tentacle

This week in The Tentacle

Wednesday, May 7, 2008

Pandering of Tulipomaniac Proportions

Kevin E. Dayhoff

In last week’s episode of “Democolypse Now,” the continuing saga of the deconstruction of America by the 2008 presidential campaign, we find Sen. Hillary Rodham Clinton proposing a summer suspension of the federal taxes on gasoline and diesel fuel.

To be fair, the idea was first floated by the presumptive Republican candidate, Sen. John McCain, who has otherwise never been mistaken for an economist.

In a breath of fresh air, Sen. Barack Obama does not support the “Clinton-McCain Gas Tax Holiday” initiative. He rightfully has cited that the idea to suspend the 18.4-cent federal gas tax and 24.4-cent diesel tax from Memorial Day to Labor Day would save the average American only about $30, and the federal government would lose about $10 billion in revenue.

(Of course, it is not fully known as to how his now-former pastor, the Rev. Dr. Jeremiah Wright, feels about the gas tax holiday idea. As an aside, please, never hold me responsible for some of the insufferable sermons I have endured from liberal pastors in my past.)

Read the rest of the column here: Pandering of Tulipomaniac Proportions