Posted on 10/16/2011 2:32:45 AM PDT by Cincinatus' Wife
"I'm the only problem-solver in the group," Republican presidential candidate Herman Cain told Mike Huckabee in an August Fox News appearance. Well, many candidates bill themselves as problem-solvers. In fact, if we asked any candidate running for any office in the entire country, practically every one would likely define him- or herself as able to solve problems. Yet we know that politicians, as a rule, create and worsen problems rather than fix them.
.....Overconfidence turns the hopeful campaign pronouncements of otherwise successful people into dismal policy. In the end, Americans usually end up with more laws, less freedom, and no money.
The question is what type of problem-solver Cain will be as president......
Examining Herman Cain's record leaves serious questions about which type of problem-solver he is. In a column published October 20, 2008, Cain blamed conservatives' "economic illiteracy" for their opposition to the freshly passed Trouble Assets Relief Program.
"Wake up people!" admonished Cain with typical candor. "Owning a part of the major banks in America is not a bad thing. We could make a profit while solving a problem." Cain goes on to defend Treasury's decision to post-legislatively change TARP to buy preferred stock in banks rather than toxic mortgages. "You got a problem with that?" asks Cain. Apparently he didn't.
Cain reassures "free market purists" that the Treasury's stock purchase is "not nationalization because that would require government to own at least 51% of the entity for an indefinite period of time." (This is a relief, because some of us thought that government would use this foot in the door to force mergers, control salaries, and set lending rules. Oh, wait...)...
(Excerpt) Read more at americanthinker.com ...
You show me where Mr Cain exempts current savings from a 9% tax.
You show me where Mr Cain exempts current savings from an ADDITIONAL 9% tax.
Well perhaps we should call on the “Super Committee” for a plan of action.
Show me where hes ever discussed it. Is current savings new income? Is it under a sales tax?
Perhaps you like the current tax system, most rational people dont.
Yo! 9% National sales tax equates to 9% on top of money already taxed and saved.
You show me where Mr Cain exempts current savings from an ADDITIONAL 9% tax.
I may be wrong here but unless your saving it in a jar isn’t the interest on that money already subject to taxes higher than 9%? Money in 401’s will remain tax free until drawn and then they will only see a maximum of a 18% tax. I wish he would address this subject directly because it comes up allot.
Thank you for the link.
Was that video made around a June-July 2011 time frame?
“Cain stated on Huckabee Saturday that Social Security would not count as income tax and there would be no tax on any savings plans including 401k’s.”
Care to point that out in the ‘plan’ on his website?
I read it and it says nothing of the kind.
This isn’t vetting. It’s bashing from the biggest Rick Perry supporter on FR.
Perry supporters have been bashing the Tea Party, Sarah Palin and now Herman Cain ever since Perry got into the race.
Then they whine about Rick Perry getting “brutalized.”
You know what? Every time they smear Herman Cain or the Tea Party, the more popular they become and the more Rick Perry declines. It’s a really stupid way to support a candidate.
My Taxes are already paid free and clear, That is the way I like things.
I dont like a lot of mumbo jumbo, Now some bums want to add a 9% National sales tax on top of those monies.
Competition would almost guarentee it, as it always has.
Keep whinin
ok....
http://www.hermancain.com/999plan
When Fox has a video from Huckabee from last night up you can check that also.
When has any Perry supporter smeared the tea party?
Rick Perry is all about fiscal responsibility, and independence.
That webpage is a bunch of run around.
As I said earlier he needs to address this particular situation directly it seems to be a concern of many.
Yes, I believe it was.
I missed your post.
It is an issue, Its one hella issue.
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