Smith is talking about his company...

Says he has always followed the law...says DEQ has said repeatedly they are within the law.

Merkley - talking about Iraq...what does this have to do with the question? Merkley's performance so far has been ragged.

Wow, this is really personal...these guys really don't like each other. Words like "coward", "hypocrite" said right to each other's faces.

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U.S. Tax Rates Compared to the rest of the world–a.k.a “U.S. Corporations are not the evil empire”

Below is a graph showing our tax rates compared to the rest of the industrialized world (taken from Wikipedia): Two things to note: Our personal income taxes are not as bad as some anti-tax zealots would have you believe…they are lower than most. Our corporate rates, however, are horrific. They are higher than any other industrialized country save Japan. Lesson to be learned: it’s easy for politicians to sell lower taxes for individuals. Much harder to sell lower rates for corporations. And very easy for liberals to paint corporations as getting off easy (the “big, bad conglomerate” schtick). However, it’s just not true. “Facts are stubborn things.” - John Adams

Negative ads

Questioner mentioned Gordon Smith's offer to stop negative ads on both sides. Merkley - "I don't have negative ads, I have ISSUE ads." Audience laughed - I don't think Merkley was trying to be funny. Bad moment for Merkley.

McCain...will put an end to greed?

In a sweeping statement reminicent of some of the things Barack Obama has said, Senator McCain said today at a townhall meeting: "We're going to reform how Wall Street does business and put an end to the greed that has driven our markets into chaos." My take: Whoa. Put an end to greed? While he's at it, why doesn't he end pride, envy and covetousness? I know he probably didn't mean what he said...but still...not the best use of the language I've ever seen.

Oregon Elephant

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