Archives For Politics

AFM reader, commenter, and friend, Tom, sent me a link this morning to Ross Perot’s website, I like Ross Perot because I think he truly wants what’s best for the America. While browsing his website, I watched the video on the main page. Towards the end of the video Perot was asked what his three wishes for the American Public were. This is what he said:

1. A strong, moral, ethical base where people keep their commitments, do what they say they will do. That’s what we had when I grew up during the depression.

2. A strong family unit in every home so that children get the ultimate support. Sadly, we have over a 50% divorce rate now.

3. Have the finest public schools in the world. Believe it or not, we had those during the depression. Today, our public schools rank at the bottom of the industrialized world.

Imagine what this country would look like if all three of his wishes came true!

To his list I’d like to add two of my own:

Politicians who put this country first instead of those who make promises in order to get elected.

The end of lobbying!

What about you? What would your wishes for this country be?

Reading Assignment: Obama’s ‘Emergency’ Economic Plan

Sen. Barack Obama (D-Ill.) on Friday announced an “Emergency Economic Plan” that would give families a stimulus check of $1,000 each, funded in part by what his presidential campaign calls “windfall profits from Big Oil.”

Details are in this six-page policy paper (PDF).

The first part of Obama’s plan is an emergency energy rebate ($500 to individual workers, $1,000 to families) as soon as this fall.

…funded in part by what his presidential campaign calls “windfall profits from Big Oil.”

I have to hand it to Obama. He’s quite the skilled politician. He knows that Americans aren’t happy with big oil and would just love to get even with them by getting some of those “windfall profits” (how exactly would we define “windfall profits?”).

Hey! I have an idea! Why don’t we just nationalize big oil?????? Let’s nationalize every industry and then let our government just dole out all the profits to us as they see fit! Let’s give everyone the same dollar amount and equalize everything.

Why don’t we take “windfall profits” from lawyers who win really big cases and use them to support national ecomic causes? Hmmm… I wonder.


While putting this post together, I found this NPR interview with Joseph Thorndike, director of the Tax History Project at, about the history of the windfall profits tax.