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 ...
Yes I have problems communicating with rocks.
I came to this thread looking for the honest vetting of Cain in the headline. There are about three posts’ worth of that in the thread. The rest is back-and-forth between Perry fans and haters.
As someone who doesn’t understand many economic issues, I come to threads about economics and taxes and Wall Street sans occupiers because there are some interested and smart folks on those issues who post here.
I hope a few of them show up on this thread to talk about the subject of this article.
Gov Rick Perry (then head of the Republican Governors Association) and Gov. Joe Manchin (then head of the Democrat Governors Association) wrote to Speaker Pelosi after TARP failed (Sept 29, 2008) and the markets were faltering, requesting:
[morning of Oct 1, 2008]: "We strongly urge Congress to leave partisanship at the door and pass an economic recovery package...It is time for Washington, D.C. to step up, be responsible, and do what's in the best interest of American taxpayers and our economy." http://img233.imageshack.us/img233/8878/perryletter.jpg
To wit, Associated Press headlined the letter: "Governors, Business Up Pressure for Bailout Bill"
Gov. Perry immediately issued a statement to make his position clear to the MSM:
In a free market economy, government should not be in the business of using taxpayer dollars to bail out corporate America. Congress needs to take off its partisan gloves and work together to bring both short and long term stability to the credit markets. They need to stop blaming each other and start thinking about solutions that put the taxpayers of this country first. Gov. Perry, Oct 1, 2008
Which brings me to recent quotes made by Gov. Rick Perry and one made by Herman Cain and where I see stark differences. I'm sure in the coming weeks as Gov. Perry and Herman Cain give policy speeches, we'll all have a better picture.
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Ill work to try to make DC as inconsequential in your life as I can. -- Gov. Rick Perry, announcing his bid for the Republican nomination for President August 13, 2011
Americans created those jobs Texans created those jobs, because we allowed them to have an environment where they werent over-taxed, over-regulated, over-litigated, and then we got out of the way and let the private sector do what the private sector can do. -- Gov. Rick Perry, South Carolina town hall meeting Sept. 5, 2011
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The role of government, in my view, is to maintain an equal balanced playing field for the citizens and for our society. Not to throw it out of balance. -- Herman Cain, John Stossel Fox Show, July 12, 2011
It sure looks like the Cain tax plan will succeed far more in “making the Federal government inconsequential” than Perry’s! For one thing, no more monolithic blocs of givers (ok, robbees) and takers.
The role of government, in my view, is to maintain an equal balanced playing field for the citizens and for our society. Not to throw it out of balance. — Herman Cain, John Stossel Fox Show, July 12, 2011
I’m curious, what do you think Mr Cain meant by that comment?
Thank you for providing proof of what I said, and the fact, that what perry says is date stamped and timed, because he will define his position different the next day. The old flip, flop, he was for algore before he was against algore. Well maybe he was not really against algore, but then you never know with a pom, pom man.
Who is stopping you? -- Speak to the points in the OpEd.
Cain agrees with you and thinks we need to make the transition in phases, not all at once.
At least Cain is willing to try and take the bold step of making an actual proposal.
Even among good candidates like Bachmann, Gingrich, Santorum, what do they propose? Nothing more than a reshuffle of the deck chairs on the Titanic.
Nice straw man, Why don’t you enlighten us as to the issues DW377? Did you read any of the article?
I did not know it was the job of Cincinatus Wife to lead the debate. She only posted a freekin article for comment.
Then you didn't even read Post #63 - but you're quick on the comment button. It's all there for those who want to know without your re-write and "explaining" of what was done, when and what it meant.
IF you'd rather NOT be pinged FReepmail me.
IF you'd like to be added FReepmail me. Thanks.
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Cain is willing to tack a new 9% tax to my neck
I was not aware that when Texas A&M (Agriculture & Military) was still all-male and Perry was a yell leader at its football games, that it was customary for these yell leader men to use the pom poms employed by the femmes which teased on many of their match opponents. That would be a gay yeehaw alright.
And untack all the old taxes that you paid for in your merchandise even though it wasn’t itemized.
So asking for comments related to the article is a straw man?
Your snide "why don't you enlighten us" comment--did you actually read what I said? I very clearly posted that I don't know much about these issues, and while I did read the article, I was asking for folks who KNOW ABOUT THE TOPIC. Yep, that's so wrong.
I never said it was Cincinatus' Wife's job to lead the debate--where exactly did I say that? I happen to think she is a fine poster and have complimented her before on just that.
So why not stop your attempt to divert the thread and stick to the subject? Or are you another of those I was writing about, and are just flummoxed that I hit so close to home?
She posted a 'freekin article'--all I'm asking is for FReepers who know about the specific issue the article addresses about TARP to comment on that. Sorry if that offends you, but...not really.
What of earnings that have already been earned and taxed?
We add a 9%
That is correct, a rewrite, same thing as what are you going to believe me are your own lying eyes, and what your definition of what is, is.
What of the merchandise that this is intended to purchase? We take away 15% or more of overhead.
I never said read what I said, I asked if you read the article and was a bit snarky about your wanting others to provide answers.
I am sorry if I got punchy.
I am on edge with the Perry bashing on FR
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