McCain's Bright Idea

John McCain, Republican presumptive nominee for the presidency, has come out with a plan - one designed to solve our oil crisis and stabilize the economy.

NOT. McCain wants to remove the tax on gas over the summer months. What does this actually mean? It means the oil companies won't have to pay any tax for three months! And this is supposed to drive DOWN costs? Yeah, right! I predict (and many analysis agree) that big oil will keep the price the same...even higher, perhaps...and just pocket the extra $10 billion.

But even if the oil price doesn't rise...guess what the tax on oil is? It's about 18 cents a gallon. OK, so McCain wants to save every American $0.18 per gallon. Let's say your tank fills up on 12 gallons. That's $2.16 you save for every full tank of gas! Over the three months of summer, let's assume you fill up every week. You save $26! Wow, what a break. I'm glad I voted for McCain - he bought my vote for $26.

It gets better. Any idea what this will cost the government? Let's consider for a moment that we're in trillions of dollars in debt, we still need to pay for the Iraq war, and the economy SUCKS. So, McCain's plan gives everyone $26...and costs the treasury $10 billion in tax collection. This is as bad as Bush's government hand-out...give the Americans some pocket change, and it costs the government INSANE amounts of cash.

This, coming from the guy who wants to fix our economy? Who we're supposed to trust to preserve our environment and not hand it over to the oil companies?

OK - my favorite part. His plan is supported by NONE OTHER that the one - the only:

HILLARY CLINTON.

On the opposition? Barack Obama. His plan? Don't give the oil companies a BREAK. Create a tax on oil based on profit - the more they charge, the harsher the tax - one that, at current rates, would cost them $15 billion a year - that Obama would use (a small part of) to give tax breaks to working class Americans.