Cain leads South Carolina Republican primary race

The Augusta Chronicle ^ | 10/17/11 | Walter C. Jones

[TexasFreeper2009]

Herman Cain holds a decisive lead in the South Carolina Republican primary, according to a survey conducted Sunday for The Augusta Chronicle.

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Jose Luis Magana/Associated Press

Republican presidential candidate Herman Cain speaks with the media after an interview on NBC's Meet the Press at NBC studio in Washington on Sunday, Oct. 16, 2011.

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Complete Poll Results.

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The Insider-Advantage/Majority Opinion Research poll of 476 registered voters likely to vote in the GOP primary gave Cain 32 percent of the vote, twice the share of Mitt Romney’s 16 percent

[RC one]

I have been alive long enough to know that merchants will not willingly reduce the cost of their merchandise if there is a profit to be made in not doing so. This entire plan seems to hinge on this assumption that merchants will do something that is against their nature. Now, I’m sure there will be instances of free market competition that may result in lower prices for some items; however, I am equally sure that there will be many incentives to not reduce prices and pocket the difference instead leaving the country with a brand new national sales tax that will NEVER GO AWAY and the same old stagflation.

[casinva]

Sure we know what they are. Bill Clinton and Al Gore dedicated a lot of time and energy trying to get a bunch of enterprise zones and urban empowerment zones to get funded. Some urban renewal projects have moved to the local governments which have done some good in local communities (since they knew what they need and can do anyway), but there are still segments of federal empowerment entitlements in place such as Section 8 housing subsidies for low income families. Just take a look at HUD’s empowerment zone programs, and you’ll see some of them there.

Plus there is a lot of history from the past couple of decades describing federal empowerment zones and enterprise zone benefits.

Basically, empowerment zones are meant to “empower the people” living in low income, mostly minority neighborhoods.

Here’s a great link on what empowerment zones are. It includes a history of them too from way back and includes a lot of the work Bill Clinton did to try to implement and development empowerment zones during his term(s).

http://www.referenceforbusiness.com/encyclopedia/Eco-Ent/Empowerment-Zones.html

[BagCamAddict]

So you didn’t read post #83 then, right?

http://www.freerepublic.com/focus/news/2793800/posts?page=83#83

Or you read it, but you don’t understand it?

Or you read it, but you still want to complain?

Again, why are you so angry???

[Rodney Dangerfield]

Cain has prospered.

He, unlike most of the other candidates, would like to see all Americans prosper as well.

Dems, Republicans, Indys, Rich, Poor, Middle Class.

Everyone.

How many other candidates say the same, but have an actual plan to create prosperity for everyone?

[BenKenobi]

At least it’s not fire like Bastrop.

[Marie]

*lots of assumptions*??

How am I assuming that profits benefit a company and then their stockholders do well, too? How am I assuming that many Americans have stock holdings in the forms of 401k’s and 403b’s?

These are very simple facts. Nothing that i said was an assumption.

I am quoting free market, capitalist principles. There is no mystery here.

[RC one]

that is an assumption.

[Marie]

“Before we know it, Cain’s “simple 999” will become as complex as the current tax code.”

Eventually the congress critter will corrupt the most perfect system. (No, I’m not saying that Cain’s system is perfect, but it’s a far cry better than what we’re dealing with now.)

But in the meantime, lets do ‘good’ and hold ‘em off for as long as we can.

[Marie]

We almost lost our entire neighborhood three months ago to a lit cigarette butt. Very scary stuff.

My son was out fighting that one. He burned over every inch of exposed skin, then it turned to a tan.

He’s now setting up to start volunteering at the fire department! :)

[BagCamAddict]

You’re absolutely right.

Let’s vote for Obama.

Let’s keep it like it is.

[Impy]

Haley Barbour: ‘Herman Cain would sweep the South’

He would (WILL! Knock on wood x infinity ). For those of us interested in political history it's a pretty sweet proposition, a conservative Black Republican winning the old Confederacy. Robert Byrd and LBJ will rise from the dead as a zombies just so they can commit suicide.

[flaglady47]

Again, why are you so angry???

I’m not. I don’t want to be doubly taxed, which is what would happen w/Cain’s plan. And I would not qualify for any of the benefits of the plan, as I am not rich. So why would I like it?

[BagCamAddict]

Well whatever you do, vote with your own wallet, rather than what’s good for the COUNTRY.

After all, this is the election for the President of Flaglady47, and not the President of the United States.

Again, did you read post #83, or not?

[Marie]

Again, are you even a capitalist?

Don’t you understand how the free market works?

These are not assumption. These are tried and true economic principles.

Prices will go down.

[Impy]

Wake up, Icky Ricky is the one in 3rd place now. Except for that one poll where he skipped 3rd and went straight to 4th!!

[RC one]

you're assuming that merchants will pass savings along when they rarely do. you're assuming that free market capitalism will drive prices down when it rarely does. you're assuming that deflation will come without consequences when it never does. You assume that a consumption based system of taxation won't stall production and result in unemployment when it always does.

Every CEO says the reason they’re not hiring is because they’re not seeing demand,” says Rachelle Bernstein, a vice president and tax counsel at the National Retail Federation, a lobbying group, in Washington. "An additional tax on consumer spending will negatively impact that already weak demand.

you assume too much

[casinva]

Marie,

Your post here is very inspirational! In fact, I was almost ready to run out the door and stick some money somewhere good! LOL

I do mean that too. It was a very refreshing and motivational post.

However, as good as your advice on investing any possible saved money might be, as fiscal conservatives, we should not stand by and silently allow federally-run entitlement programs to be added to the 999 plan.

We have come SO far in getting our country to hear us fiscal conservatives. We did not get the Congress to do exactly the best thing, but they heard us and we got more than ever before in that last deficit debate. If we sit silently and inadvertently by inaction promote or even just tolerate a liberal fiscal agenda now, no matter how nice everything around it may look, we have lost all we have fought for these past few years.

Yea, go ahead and invest when our economy is better once more, but for now, we conservatives need to continue standing for fiscal conservatism, and letting liberal entitlement programs get attached to a new national tax program is NOT what a conservative should sit by and passively let happen.

Conservatives need to stand up and tell Cain “NO federal empowerment zones and NO federal enterprise zones” connected to his 999 program, no way and no how.

[Rodney Dangerfield]

Because it would benefit the entire country, including you and people on SS as the cost of goods would drop, more than making up for the 9% tax, which is what many of us already are paying in state taxes.

I’ve crunched the numbers for my situation, and even with a 9% states sales tax, I would still come out ahead by about 3-4%, not to mention the improved economy, better wages, lower costs of most goods and services, the US becoming a competitive force in the world economy again, etc...

[Marie]

“I’m not. I don’t want to be doubly taxed, which is what would happen w/Cain’s plan. And I would not qualify for any of the benefits of the plan, as I am not rich. So why would I like it?”

You are being double taxed now.

Only now, the federal taxes are hidden from you - imbedded in the retail prices of everything that you buy.

You are, in effect, upset because you don’t want to SEE the taxes that you ALREADY pay.

And I love it. I love it because you are answering the question, “What’s to stop the gov’t from raising the 9% sales tax to 99%?”

You are, m’dear. And so will every American who looks at a receipt.

As it is, they raise your taxes all the time and you don’t holler because they’re sneaky. A transparent tax will stop them in their tracks. They won’t be able to pull one over on us any more.

To drive the point home: 9% sales tax is LESS THAN WHAT YOU’RE PAYING NOW. (no. i am not shouting. I’m trying to be emphatic and i’m too tired to use html tonight! lol!)

[Marie]

“you’re assuming that free market capitalism will drive prices down when it rarely does”

I’ve been the only person shopping for my family for four for more than two decades and I’ve seen prices drop.

It’s such a common thing that it’s normal to wait a year or two after new electronics come out because they’ll be 1/3rd of what they started out as.

I’ve seen chicken drop by more than a dollar a pound within a couple of weeks and stay there for months. Coffee, milk, clothes.

Last year I spent $10 per t-shirt at walmart. Last month I went to Walmart and bought the exact same t-shirt (same brand and size) for $6 each.

Yes, sir. Prices do go up and down.