In this issue
April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review August 7, 2008 / 6 Menachem-Av 5768

Free the Oil — and Other Slick Tricks

By Debra J. Saunders

Debra J. Saunders
Printer Friendly Version
Email this article

http://www.JewishWorldReview.com | Earlier in the presidential campaign, when John McCain and Hillary Rodham Clinton called for a summer holiday on the 18.4-cent-per-gallon federal gasoline tax, Barack Obama dismissed the tax vacation as an election-year gimmick that offered financially squeezed families "just pennies." I wrote that, unlike Clinton and McCain, Obama "stood tall in opposing the gas-tax holiday."

Now we know why. Obama must have seen the gas-tax holiday as chump change in the wondrous store of campaign gimmicks. When Obama panders, he panders big-time. Witness his proposed "emergency energy rebate" that — on the heels of this year's $600 per taxpayer stimulus package rebate sent to taxpayers this year — promises additional $500 checks for American workers or $1,000 per family "as soon as this fall." (Is there an income cap for how Obama defines eligible "working families"? The campaign did not get back to me on that by my deadline.)

To hear Obama, the check is practically in the mail. Obama argues that his plan is fiscally responsible because he would pay for it by levying a "reasonable" tax on oil companies' windfall profits. The candidate has pointed to Exxon Mobil's record profits — $22.6 billion in the first half of this year — to justify his raid on its earnings.

Less reported, Investors Business Daily editorialized, are the record taxes Exxon Mobil paid in the same period — $61.7 billion. Also, "Exxon made a dime on a dollar in 2007. The oil and gas industry as a whole made 8.3 percent, compared with 8.9 percent of all U.S. manufacturing." So why whack Big Oil?

According to Stanford economist John Taylor, who is a McCain adviser, raising taxes on oil companies likely "will raise the price of gasoline."

If critics are right, and a windfall profits tax raises gas prices or leads to a drop in domestic oil output, which only worsens America's chronic dependence on foreign oil, then what? Another emergency energy rebate check?

In a clever effort to dress up his big-time pander as a high-minded position, Obama has suggested that McCain is "in the pocket of Big Oil." Obama points out that McCain wants to lower Exxon Mobil's tax bill — which is true, because McCain wants to lower all the corporate tax rates to 25 percent to create jobs.

McCainiacs respond by noting that Obama voted for the 2005 omnibus energy bill — signed by President Bush — which gave oil companies specific tax breaks. For that very reason, McCain voted no.

Many in the press have faulted Camp McCain for being too cute in taking on Obama's energy plans. Hence the stories about McCain aides handing out tire gauges labeled "Obama Energy Plan" in response to Obama's stump statement, "We could save all the oil that they're talking about getting off drilling, if everybody was just inflating their tires."

I'll take the tire gauges over Obama's $1,000 pander. Ditto Obama's huge flip-flop on the 70 million barrel Strategic Petroleum Reserve. In July, when other Democrats were clamoring for a release of the oil, Obama had the fortitude to argue that the reserve should be saved for "a genuine emergency," like a terrorist attack. Now he says he wants to free the oil.

Slick. Mayhap, instead of tire gauges, McCain's Navy should be handing out $500 bills in Monopoly money. Or a pair of earrings.

Last month, Michelle Obama said of the $600 stimulus rebate checks: "You're getting $600 — what can you do with that? Not to be ungrateful or anything, but maybe it pays down a bill, but it doesn't pay down every bill every month. The short-term quick fix kinda stuff sounds good, and it may even feel good that first month when you get that check, and then you go out and you buy a pair of earrings."

Now, I've never spent $600 for a pair of earrings. But in the event of an emergency — which requires the releasing of petroleum and mailing $1,000 checks to working families — I could learn to sacrifice.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment JWR contributor Debra J. Saunders's column by clicking here.

Debra J. Saunders Archives

© 2007, Creators Syndicate