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	<title>Comments on: John McCain &#8211; What Will He Do With Your Money?</title>
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	<link>http://moneysmartlife.com/john-mccain-what-will-he-do-with-your-money/</link>
	<description>Money Tips for a Better Life</description>
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		<title>By: Identity Theft. It Can Happen&#8230;.To Me. &#124; Ask Mr Credit Card's Blog</title>
		<link>http://moneysmartlife.com/john-mccain-what-will-he-do-with-your-money/comment-page-1/#comment-138692</link>
		<dc:creator>Identity Theft. It Can Happen&#8230;.To Me. &#124; Ask Mr Credit Card's Blog</dc:creator>
		<pubDate>Mon, 09 Mar 2009 00:47:08 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1092#comment-138692</guid>
		<description>[...] at Money Smart Life did a two part post that took a close look at John McCain and Barack Obama&#8217;s proposed economic [...]</description>
		<content:encoded><![CDATA[<p>[...] at Money Smart Life did a two part post that took a close look at John McCain and Barack Obama&#8217;s proposed economic [...]</p>
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		<title>By: Best and Worst of a Crazy October &#124; Money Smart Life</title>
		<link>http://moneysmartlife.com/john-mccain-what-will-he-do-with-your-money/comment-page-1/#comment-119138</link>
		<dc:creator>Best and Worst of a Crazy October &#124; Money Smart Life</dc:creator>
		<pubDate>Sat, 08 Nov 2008 14:40:15 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1092#comment-119138</guid>
		<description>[...] election day neared we&#160;wrote about the economic policies of Barack Obama as well as the financial plans of John McCain.&#160; I offered my take on the secret to success of the economy&#160;as well as some&#160;tips on [...]</description>
		<content:encoded><![CDATA[<p>[...] election day neared we&nbsp;wrote about the economic policies of Barack Obama as well as the financial plans of John McCain.&nbsp; I offered my take on the secret to success of the economy&nbsp;as well as some&nbsp;tips on [...]</p>
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		<title>By: mrm</title>
		<link>http://moneysmartlife.com/john-mccain-what-will-he-do-with-your-money/comment-page-1/#comment-118111</link>
		<dc:creator>mrm</dc:creator>
		<pubDate>Tue, 04 Nov 2008 01:07:30 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1092#comment-118111</guid>
		<description>There are more than 2 candidates for president.  It would have been nice to see how they all stack up against each other rather than just focusing on the two &quot;main&quot; people.</description>
		<content:encoded><![CDATA[<p>There are more than 2 candidates for president.  It would have been nice to see how they all stack up against each other rather than just focusing on the two &#8220;main&#8221; people.</p>
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		<title>By: Nabloid.com</title>
		<link>http://moneysmartlife.com/john-mccain-what-will-he-do-with-your-money/comment-page-1/#comment-117412</link>
		<dc:creator>Nabloid.com</dc:creator>
		<pubDate>Sat, 01 Nov 2008 03:50:13 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1092#comment-117412</guid>
		<description>I did a pretty mean comment on your other article about Obama&#039;s use of our dollars.  I&#039;m critical of both candidates... time to weigh in on McCain:

Food and Gas Relief:  &quot;McCain also wants to repeal the ethanol mandate in gasoline to help drive back down the price of certain foods.&quot;    That is stupid!  First of all, ethanol is cheaper than gasoline, and thus helps lower the price, and makes the burning of gas much, much cleaner (by over 90%!).  So if you&#039;re into the environmental side of things, this is dumb.  On the other hand... ethanol did NOT increase the price of food... speculators did.  Did you know there was more corn grown in the US than we know what to do with?  Did you know that the ethanol industry started using corn because there is too much corn grown due to big subsidies on these crops, designed to help the beef industry and food industries... 87% of corn is fed to animals and the US normally ships 20% of corn out of the country.  And also note, corn isn&#039;t the only way to produce ethanol, and it certainly isn&#039;t the best feedstock to produce ethanol... not to mention even if you use corn as a feedstock, there is a byproduct called DDGS, which is actually a superior cattle feed (yes, you can still feed the cows!) which contains all the nutrients necessary since only the starch has been removed for ethanol production, not any of the minerals!  It is able to do so because cattle evolved to eat woody brush, not grass and grain and up to 80% of start goes through cattle, undigested... sorry for the big fact lesson... because, as I said before, corn is a stupid crop to use for ethanol when there are other much better ones... but the industry evolved this way because of a surplus of corn production... we needed a use for all that extra corn.. but ethanol can be produced with almost any starch/sugar crop and now with cellulosic ethanol, almost any crop period.

Housing Plan:  I&#039;m indifferent to his housing plan because that only addresses the problematic loans, which need to be dealt with, but are only symptoms of the real problem; loose lending practises.  What does he plan to do about these loose lending requirements?  They need to be stricter to avoid the sub-prime mess altogether.  There is a reason Canada didn&#039;t go through the same problems... strict lending requirements on homes...  You have to be able to afford a mortgage or you dont&#039; get it.  Pretty simple.

Protect student loans:  Sound good.  Obama would probably do much the same, I can&#039;t see him not protecting students ability to get loans for education.  I could be wrong.  

Balance budget by 2013:  Wow, a promise that we can actually put a reasonable date on... I hate it when politicians say, &quot;by 2050 I promise we will...&quot;  Too many politicians do this way too often.  I wonder if McCain will have the guts to cut spending as much as necessary when he only controls so much on the hill.  Will his plans even get passed?  I have to wonder and think his hands are tied and as such, his plans are useless since the Dem&#039;s won&#039;t let it pass.  It&#039;s not that the plan is useless, but it will never be used, which makes it useless...  if that makes sense.

Reform social security and medicaid: We&#039;d need more info to actually know if he really has a valid plan or if he&#039;s just making a politicians promise on this one. I&#039;m sure he&#039;ll try something, but whether it&#039;s dumb or smart remains to be seen...

Cut Corporate Taxes:  Doubtful, but if he can get it passed, this isn&#039;t a bad idea.  However, cutting corporate taxes won&#039;t make balancing the budget any easier.  

Research credit:  I actually really like this idea, since it will push more R&amp;D to occur in America... and innovation and invention is America&#039;s #1 resource.

Reduce estate taxes:  I like this much better than Obama&#039;s plan to increase estate taxes above 50%!!  At least families won&#039;t be pressured into moving assets off-shore by McCain&#039;s plan... Obama&#039;s plan is dangerous and will force families with capital to leave... Capitalism without capital?  It doesn&#039;t work.  On the flip-side, it won&#039;t making balancing the budget any easier.

Overall, I&#039;d say McCain&#039;s policies are less destructive to the economy, despite what many people think.  Obama has a cult of personality and a religious like following that thinks he will save them.  So, we already know McCain won&#039;t win.  He can&#039;t.  Plus, democrats will control EVERYTHING on the hill in Washington, so Obama has a TON of power to make all the changes his little heart desires.  That&#039;s more dangerous than anything.  Little in the way of checks and balances and yet the most leftist President in the history of the U.S.  

Just my opinion, but neither candidate is perfect.  The less of 2 evils would be McCain if he was willing to end the damn war quickly.  But Obama won already (well in a few days he will).  The media, and special interest  groups, and subsequently the middle class, chose him as the most popular.  Yes, the election is a popularity contest, how else can you describe a Bush win against intelligent folks or an Obama win (when Obama is both an extreme leftist and a very good speaker but never quite says &quot;HOW&quot; he intends to make his changes.  But he sure does make some great speaches, I&#039;ll give him that!!!  He&#039;s loved world-wide like no other politician in history (partly for reasons beyond his control - aka, his race, and partly because he makes such great speaches.)  At least we will be entertained!</description>
		<content:encoded><![CDATA[<p>I did a pretty mean comment on your other article about Obama&#8217;s use of our dollars.  I&#8217;m critical of both candidates&#8230; time to weigh in on McCain:</p>
<p>Food and Gas Relief:  &#8220;McCain also wants to repeal the ethanol mandate in gasoline to help drive back down the price of certain foods.&#8221;    That is stupid!  First of all, ethanol is cheaper than gasoline, and thus helps lower the price, and makes the burning of gas much, much cleaner (by over 90%!).  So if you&#8217;re into the environmental side of things, this is dumb.  On the other hand&#8230; ethanol did NOT increase the price of food&#8230; speculators did.  Did you know there was more corn grown in the US than we know what to do with?  Did you know that the ethanol industry started using corn because there is too much corn grown due to big subsidies on these crops, designed to help the beef industry and food industries&#8230; 87% of corn is fed to animals and the US normally ships 20% of corn out of the country.  And also note, corn isn&#8217;t the only way to produce ethanol, and it certainly isn&#8217;t the best feedstock to produce ethanol&#8230; not to mention even if you use corn as a feedstock, there is a byproduct called DDGS, which is actually a superior cattle feed (yes, you can still feed the cows!) which contains all the nutrients necessary since only the starch has been removed for ethanol production, not any of the minerals!  It is able to do so because cattle evolved to eat woody brush, not grass and grain and up to 80% of start goes through cattle, undigested&#8230; sorry for the big fact lesson&#8230; because, as I said before, corn is a stupid crop to use for ethanol when there are other much better ones&#8230; but the industry evolved this way because of a surplus of corn production&#8230; we needed a use for all that extra corn.. but ethanol can be produced with almost any starch/sugar crop and now with cellulosic ethanol, almost any crop period.</p>
<p>Housing Plan:  I&#8217;m indifferent to his housing plan because that only addresses the problematic loans, which need to be dealt with, but are only symptoms of the real problem; loose lending practises.  What does he plan to do about these loose lending requirements?  They need to be stricter to avoid the sub-prime mess altogether.  There is a reason Canada didn&#8217;t go through the same problems&#8230; strict lending requirements on homes&#8230;  You have to be able to afford a mortgage or you dont&#8217; get it.  Pretty simple.</p>
<p>Protect student loans:  Sound good.  Obama would probably do much the same, I can&#8217;t see him not protecting students ability to get loans for education.  I could be wrong.  </p>
<p>Balance budget by 2013:  Wow, a promise that we can actually put a reasonable date on&#8230; I hate it when politicians say, &#8220;by 2050 I promise we will&#8230;&#8221;  Too many politicians do this way too often.  I wonder if McCain will have the guts to cut spending as much as necessary when he only controls so much on the hill.  Will his plans even get passed?  I have to wonder and think his hands are tied and as such, his plans are useless since the Dem&#8217;s won&#8217;t let it pass.  It&#8217;s not that the plan is useless, but it will never be used, which makes it useless&#8230;  if that makes sense.</p>
<p>Reform social security and medicaid: We&#8217;d need more info to actually know if he really has a valid plan or if he&#8217;s just making a politicians promise on this one. I&#8217;m sure he&#8217;ll try something, but whether it&#8217;s dumb or smart remains to be seen&#8230;</p>
<p>Cut Corporate Taxes:  Doubtful, but if he can get it passed, this isn&#8217;t a bad idea.  However, cutting corporate taxes won&#8217;t make balancing the budget any easier.  </p>
<p>Research credit:  I actually really like this idea, since it will push more R&amp;D to occur in America&#8230; and innovation and invention is America&#8217;s #1 resource.</p>
<p>Reduce estate taxes:  I like this much better than Obama&#8217;s plan to increase estate taxes above 50%!!  At least families won&#8217;t be pressured into moving assets off-shore by McCain&#8217;s plan&#8230; Obama&#8217;s plan is dangerous and will force families with capital to leave&#8230; Capitalism without capital?  It doesn&#8217;t work.  On the flip-side, it won&#8217;t making balancing the budget any easier.</p>
<p>Overall, I&#8217;d say McCain&#8217;s policies are less destructive to the economy, despite what many people think.  Obama has a cult of personality and a religious like following that thinks he will save them.  So, we already know McCain won&#8217;t win.  He can&#8217;t.  Plus, democrats will control EVERYTHING on the hill in Washington, so Obama has a TON of power to make all the changes his little heart desires.  That&#8217;s more dangerous than anything.  Little in the way of checks and balances and yet the most leftist President in the history of the U.S.  </p>
<p>Just my opinion, but neither candidate is perfect.  The less of 2 evils would be McCain if he was willing to end the damn war quickly.  But Obama won already (well in a few days he will).  The media, and special interest  groups, and subsequently the middle class, chose him as the most popular.  Yes, the election is a popularity contest, how else can you describe a Bush win against intelligent folks or an Obama win (when Obama is both an extreme leftist and a very good speaker but never quite says &#8220;HOW&#8221; he intends to make his changes.  But he sure does make some great speaches, I&#8217;ll give him that!!!  He&#8217;s loved world-wide like no other politician in history (partly for reasons beyond his control &#8211; aka, his race, and partly because he makes such great speaches.)  At least we will be entertained!</p>
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		<title>By: &#187; Weekly Roundup - Vote Early and Often Edition&#160;&#64;&#160;fivecentnickel.com</title>
		<link>http://moneysmartlife.com/john-mccain-what-will-he-do-with-your-money/comment-page-1/#comment-117255</link>
		<dc:creator>&#187; Weekly Roundup - Vote Early and Often Edition&#160;&#64;&#160;fivecentnickel.com</dc:creator>
		<pubDate>Fri, 31 Oct 2008 13:07:14 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1092#comment-117255</guid>
		<description>[...] published a nice summary of what Obama and McCain will do with your [...]</description>
		<content:encoded><![CDATA[<p>[...] published a nice summary of what Obama and McCain will do with your [...]</p>
]]></content:encoded>
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		<title>By: Rob</title>
		<link>http://moneysmartlife.com/john-mccain-what-will-he-do-with-your-money/comment-page-1/#comment-116520</link>
		<dc:creator>Rob</dc:creator>
		<pubDate>Tue, 28 Oct 2008 17:13:43 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1092#comment-116520</guid>
		<description>I can&#039;t argue with most of your post, but Ireland&#039;s economy is no longer flourishing - in fact, they were the first country to enter the most recent recession.</description>
		<content:encoded><![CDATA[<p>I can&#8217;t argue with most of your post, but Ireland&#8217;s economy is no longer flourishing &#8211; in fact, they were the first country to enter the most recent recession.</p>
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