Taking Cain Seriously

Okay, but who is running as of now that is worthy of your vote?

Not happy with any of them, as usual I'll vote for the lesser evil.

If I had to pick someone on the Republican side, the only one that appeals to me is Romney -- but only because he seems more "presidential" than the other candidates. I still think it would be business as usual in Washington if he were elected.

Conservation Voice wrote: If I had to pick someone on the Republican side, the only one that appeals to me is Romney -- but only because he seems more "presidential" than the other candidates. I still think it would be business as usual in Washington if he were elected.

If you favor Romney you are obviously a retard. Here is proof.


http://www.google.com/search?sourceid=n ... y+retarded

Well, there's going to be a lot of them when he becomes the Republican nominee.

Conservation Voice wrote: Well, there's going to be a lot of them when he becomes the Republican nominee.

You will fit right in.

Yeah, I take Cain seriously... as a tri-cornered hat...

ABC News:

“The first thing I think is show me the money,” said Joel Slemrod, an economics professor at the University of Michigan. “I want to know whether it adds up and I suspect it doesn’t.”

The 9-9-9 plan eliminates the payroll tax and estate tax, which brought in a combined $883 billion in 2010, or about 41 percent of the $2.16 trillion collected by the federal government last year. Cain’s proposal also wipes out taxes on capital gains and repatriated corporate profits.

The Tax Policy Center estimates that cutting capital gains taxes alone would allow 23,000 millionaires to pay no income taxes, a move that would add $11 billion to the deficit each year. Cain’s fellow GOP presidential candidates Michele Bachmann, Newt Gingrich and Jon Huntsman also support eliminating the capital gains tax.

Cain’s plan to end taxes on corporate profits that are earned overseas and then brought back into America would drop federal revenues by about $80 billion over the next decade, according to the tax center.

“Everything he’s talking about is if you just provide tax cuts to rich people we will all fare well,” Mishel said. “But hasn’t that been the theme for 30 years and doesn’t everybody agree that the middle class does not fare well? This is a triumph of amnesia.”

And per the Christian Science Monitor:

But probably the largest economic impact would be shifting the tax burden. “It's a huge tax reduction on the very top and a huge tax increase for moderate and low income people," says Michael Graetz, a professor at Columbia University who has testified before Congress on taxes.

For example, economists have a measure called marginal propensity to consume. Low income people tend to spend about 98 percent of their income, middle income people spend 97 percent and high income people spend 90 percent.

Thus, Cain’s proposal would result in an individual who makes $20,000 per year, paying $1,800 in income taxes, plus another $1,605 in sales taxes, assuming they spend 98 percent of their income. The combined income and sales taxes would amount to 17 percent of income.

By way of comparison, using today’s tax rates, that individual – married filing separately – would pay $2,575 in combined taxes or 12.8 percent of their income, according to the website moneychimp.com.

Edited to add source: http://www.huffingtonpost.com/mobileweb ... 06185.html

As the other candidates said, the 9-9-9 plan has zero chance in Congress. It's clear Cain was out of his element last night.

The fix to the economy isn't as simple as a catchy economic slogan.

Saved this...
http://www.nypost.com/p/news/opinion/opedcolumnists/cain_gift_to_the_gop_tn8kUyZi9sBvz1C3wJ1itK#ixzz1aLx4KNM6

[center:28tvvzmc]Cain’s gift to the GOP
Forcing his rivals to get better [/center:28tvvzmc]
[center:28tvvzmc] [/center:28tvvzmc]

Self-confident patriot: Cain’s unabashed defense of America could rally his rivals -- and the nation.
Last Updated: 10:44 PM, October 9, 2011Posted: 9:52 PM, October 9, 2011
Michael A. Walsh

Is it time to start taking Herman Cain seriously? Once buried among the fringe candidates for the GOP presidential nomination, the canny Atlanta businessman has taken full advantage of Rick Perry’s collapse, surging past the Texas governor to catch -- and even, in some polls, surpass -- front-runner Mitt Romney.
Cain’s strengths? His simple “9-9-9” economic platform (a 9 percent business tax, income tax and national sales tax), an affability that coats an unmistakable inner strength and a sunny disposition that projects self-confidence without arrogance.
Plus, in a year when voters are heartily sick of professional politicians, he’s an outsider with both a record of accomplishment in business and a compelling personal story. This includes his upbringing in the segregated South, his service as a Navy systems analyst, a successful term as the head of Godfather’s Pizza and a stint as Federal Reserve Bank chief in Kansas City. He’s even a Baptist preacher.

Read more: http://www.nypost.com/p/news/opinion/opedcolumnists/cain_gift_to_the_gop_tn8kUyZi9sBvz1C3wJ1itK#ixzz1aOJ0nzOs
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I think 9-9-9, needs some tweeking, but that's easily done...
It's the ONLY "plan" that makes sense...
I would love to pay 9% instead of want I'm paying now...
Read about the MAN: http://www.hermancain.com/about
Read about the PLAN: Phase 1 - 9-9-9
Current circumstances call for bolder action.
The Phase 1 Enhanced Plan incorporates the features of Phase One and gets us a step closer to Phase two.
I call on the Super Committee to pass the Phase 1 Enhanced Plan along with their spending cut package.
The Phase 1 Enhanced Plan unites Flat Tax supporters with Fair tax supporters.
Achieves the broadest possible tax base along with the lowest possible rate of 9%.
It ends the Payroll Tax completely – a permanent holiday!
Zero capital gains tax
Ends the Death Tax.
Eliminates double taxation of dividends
Business Flat Tax – 9%
Gross income less all investments, all purchases from other businesses and all dividends paid to shareholders.
Empowerment Zones will offer additional deductions for payroll employed in the zone.
Individual Flat Tax – 9%.
Gross income less charitable deductions.
Empowerment Zones will offer additional deductions for those living and/or working in the zone.
National Sales Tax – 9%.
This gets the Fair Tax off the sidelines and into the game.
Phase 2 – The Fair Tax
Amidst a backdrop of the economic boom created by the Phase 1 Enhanced Plan, I will begin the process of educating the American people on the benefits of continuing the next step to the Fair Tax.
The Fair Tax would ultimately replace individual and corporate income taxes.
It would make it possible to end the IRS as we know it.
The Fair Tax makes our exported goods and services the most competitively internationally than any other tax system.
Phase 1 Enhanced Plan – Summary
Unites all tax payers so we all pay income taxes and no one pays payroll taxes
Provides the least incentive to evade taxes and the fewest opportunities to do so
Lifts a $430 billion dead-weight burden on the economy due to compliance, enforcement, collection, etc.
Is fair, neutral, transparent, and efficient
Ends nearly all deductions and special interest favors
Ends all payroll taxes
Ends the Death Tax
Features zero tax on capital gains and repatriated profits
Lowest marginal rates on production
Allows immediate expensing of business investments
Eliminates double taxation of dividends
Increases capital formation. Capital per worker drives productivity and wage growth
Capital formation will aid capital availability for small businesses
Features a platform to launch properly structured Empowerment Zones to revitalize our inner cities
We all know the Fed has tripled the money supply since 2008. They have been printing money out of thin air to finance the Obama spending machine. While true Fed reform that restores sound money may have to wait for my election, the best thing we can do now is to pursue policies that increase the DEMAND for dollars to help mitigate the risks associated with the increase in the supply.
Pro-growth economic policies equal a strong dollar policy
http://www.hermancain.com/999plan

we don't need anymore rino's

DON'T LET THE ADMIN. REPUBLICANS PICK YOUR CANADATE AGAIN!!!!

Stephanie Mencimer offers some interesting details about Cain’s cancer treatment. While he discusses his cancer at length in his book, there’s no mention of an insurance company, and though he’s 65, Cain refuses to disclose whether he’s on Medicare:

Instead, in his book, he lays out all the ways his privileged status impacted his care. For instance, when Cain was first diagnosed with cancer of the colon and liver and a 30 percent chance of survival, he was told that he should go to a specialized cancer center rather than a hospital, namely the M.D. Anderson cancer center in Houston. Not everyone who wants to go to such a top-flight facility gets to go there, however. Plenty of people with private insurance have died waiting for an insurance company functionary to approve such treatment. It can take weeks to get into Anderson, and it requires traveling at short notice, which can only add to the costs. So Cain called his friend T. Boone Pickens, the oil magnate, who used to be on the board of the center and was a big donor to the cancer center. Pickens made a call and Cain was in…

After Cain had his surgery in Houston to resection his colon and remove most of his liver, he spent a couple of weeks in the hospital recuperating. He was able to go home a week early because, although he was still weak, one of the companies on whose board he sits dispatched its private plane to fly him back to Atlanta so “we did not have to endure the stress of commercial travel.” (Cain notes that he doesn’t ID the company because “some jackass might want to make an issue out of it.”)

http://prospect.org/csnc/blogs/tapped_a ... _have_to_t