John - get out read more.
You assign “establishment” connections for Mr Cain due to what was his one time in the gulag of government policy - the Federal Reserve, at a location - the regional Federal Reserve Bank in Kansas City, far removed from the power center in Washington, and the controlling Federal Reserve Bank in New York, and a position for which he was selected because of his knowledge and successful experience in business and industry in the Midwest - he understood the banking needs and issues in the region. Actually, Mr Cain’s lifetime experience places him farther removed from the Washington establishment than just about all the GOP candidates, with the possible exception of Ms Bachman. Is she who you are shilling for?
That’s as much time as I can give to responding to your rant; not that a whole lot more couldn’t be said - it could.
John - get out read more.
You assign “establishment” connections for Mr Cain due to what was his one time in the gulag of government policy - the Federal Reserve, at a location - the regional Federal Reserve Bank in Kansas City, far removed from the power center in Washington, and the controlling Federal Reserve Bank in New York, and a position for which he was selected because of his knowledge and successful experience in business and industry in the Midwest - he understood the banking needs and issues in the region. Actually, Mr Cain’s lifetime experience places him farther removed from the Washington establishment than just about all the GOP candidates, with the possible exception of Ms Bachman. Is she who you are shilling for?
That’s as much time as I can give to responding to your rant; not that a whole lot more couldn’t be said - it could.
What a steaming load of ::censored::
In your very 1st line, you demonstrate you have NO idea what is in 9-9-9.
Your level of arrogant ignorance is simply inexcusable in a supposed adult mind. The very 1st line of the article you wrote proves the rest of what you wrote pure idiocy.
Rather then try to defend the indefensible, try actually learning about 9-9-9 rather then write such ignorant drivel as this.
Hey John...GO AWAY!!
A national sales tax is not going to pass Congress.
He is STILL a hypocrit.
And a pathetic charlatan.
From Business Insider‘s Zeke Miller:
Newly-minted GOP front-runner Herman Cain is best known for his 9-9-9 tax plan, but it turns out he opposed a key component of it — a national sales tax — less than a year ago.
In a column posted on the websites of a number of conservative publications, including The Daily Caller, Cain wrote that “the worst idea is a proposed national sales tax, which is a disguised VAT (value added tax) on top of everything we already pay in federal taxes.”
Miller goes on to publish responses from the Cain campaign that indicate the candidate’s consistent support for “fair/flat” taxes, and that he was referencing a national sales tax in addition to our current tax code, but he needn’t have gone to the trouble. Cain was anchovy-and-onion explicit about that in the very same op-ed piece, including the portion that Miller blockquoted: (emphasis mine)
The worst idea is a proposed national sales tax, which is a disguised VAT (value added tax) on top of everything we already pay in federal taxes.
…A national retail sales tax on top of all the confusing and unfair taxes we have today is insane!
…The third reason the national retail sales tax on top of all the taxes we already pay is a bad idea, is that there is already proposed legislation that replaces all of the federal taxes we pay. It replaces all current revenue. It supercharges our national economic growth, and puts the power of taxation back into the hands of the people who spend their money.
It’s called the Fair Tax. It’s as easy to understand as ABC!
Miller is correct in pointing out that one of the arguments that Cain used against the VAT, that it gives the government a brand-new slippery slope of tax revenue, is currently being deployed by his opponents.
There are, of course, huge problems with the 9-9-9 plan (it strongly resembles a tax plan from a videogame, it’s the work of dyslexic Satan, it shifts the tax burden onto the poor, it encourages the purchase of used milk), and it has as much chance of passing Congress as a monetary system based on unicorn farts, but it isn’t contradicted by Cain’s op-ed from November.
Only time will tell how Herman Cain stands up under the glare of the frontrunner’s spotlight, and there are many legitimate criticisms to be made of the candidate’s steady stream of wild-and-crazy policy pronouncements (although I must confess that my own comically liberal reaction to Cain’s electrified border fence remarks was to think to myself, “Shouldn’t that ‘THIS WILL KILL YOU’ sign be bilingual?”). There’s no reason to create them out of thin air.
Perhaps in the future you might try actually reading what Cain wrote BEFORE posting a completely ignorant tirade about it.
Sorry you worked so hard to write this BS, but you need to re-evaluate your position.
For that matter, little is being offered about lobby reform and the MSM does not want to hone in on how legislation is being fabricated these days and lop-sided federal wages when compared to the private sector......no matter who wins (other than Zeewoe), not much will change for the good.
The federal debt is crippling potential economic growth and goobermint function.
I agree any sort of federal sales tax is a bad move, insofar as it green-lights the ability of the Feds to monitor every transaction, adjust the tax on all kinds of factors (individual financial & health history, exact product type), and extort ever more money out of pockets in lieu of reducing spending.
The way the lead article presents this view, however, is rather deranged.