Nightmare Stuff

by sarabeth at 6:00 am on October 9th, 2008 in 2008 Presidential, Economy, Podium Spin, St. John McCain

America’s top corporations apparently have a recurring nightmare. It maketh them cry out in their sleep. It waketh them up in cold sweats. They dream that John McCain — to whom the richest CEOs have given approximately ten times as much as they gave to Barack Obama, since they’re so petrified of him and all — has been elected president. That he’s cut their taxes, as promised. That they have made out like… (I was going to say bandits, but that doesn’t seem right; I have it on good authority that bandits throughout the world regularly use the expression “making out like American corporations under a Republican president”). So let me just say that they thrash around in bed, dreaming that they have reaped hundreds of millions of dollars per year from the tax cuts.

They dream that the top 200 corporations have picked up an average of $225 million a year (enough to pay their CEO for six months at least, hopefully?). That the eight biggest beneficiaries walked away with more than a billion dollars a year each. Big Oil walked away with $4 billion a year, health insurance companies with $2 billion, the parent companies of mainstream media outlets with $1.44 billion. (That left about $37.5 billion for everyone else.)

I hope you weren’t rude enough to be thinking that that doesn’t sound like much of a nightmare. In the up-is-down world of the McCain campaign, that’s a really bad nightmare. In fact, it is their worst nightmare. She’s Nicole Wallace, McCain’s senior campaign adviser, and that, believe it or not, is her message.

And there are those in the media who will be reporting it with a perfectly straight face.

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