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  • Cain's Stumbles Fuel Doubts on Electability

    10/23/2011 10:42:14 AM PDT · by RobinMasters · 137 replies
    Newsmax ^ | OCTOBER 20, 2011 | Newsmax
    ATLANTA — Herman Cain is learning the hard way what it means to face the glare of the national spotlight. After captivating Republicans hungry for an alternative to Mitt Romney, the presidential hopeful has made a series of stumbles that have left some questioning if he's ready for the White House. The Georgia businessman has been on a media blitz since a rise in the polls catapulted him into the top tier of the race for the Republican party nomination. But Cain has sometimes appeared to be in over his head. In the last week, he: —Suggested a fence along...
  • Cain's Tax Mutiny. New national sales tax on top of the income tax is a political killer

    10/08/2011 4:09:26 PM PDT · by Clairity · 329 replies
    Wall Street Journal ^ | Oct 7, 2011 | WSJ Editorial
    The real political defect of the Cain plan is that it imposes a new national sales tax while maintaining the income tax. Mr. Cain's rates are seductively low, but the current income tax was introduced in 1913 with a top rate of 7% amid promises that it would never exceed 10%. By 1918 the top rate was 77%. Part of Mr. Cain's appeal is his willingness to challenge political convention, and he certainly has with his tax proposal. Voters like that he isn't a lifetime politician but a successful business owner who has met a payroll and created jobs. But...