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Archive for October 7th, 2011

RS McCain’s Exclusive Interview With Rick Santorum

Posted by John Hitchcock on 2011/10/07

From The Other McCain:

RS McCain: We’re here in Washington, DC, at the Value Voters Summit at the Omni Shoreham Hotel, talking to former Senator Rick Santorum. How are you, sir?

Rick Santorum: Doing great, Stace, how are you?

McCain: I’m doing pretty good. How’s your campaign been going the last couple of weeks since we’ve seen you?

Santorum: We feel very, very good. I think we’re picking up some traction, getting – I think getting the reputation as being a serious candidate who’s got you know the grass-roots effort out there as well as the substance to do the job as President and to win a tough election against what will be a tough opponent. And the more people look at the candidates and make an assessment as to who can deliver the mail, who can stand up for Conservative principles, get things done in Washington, bring the country together and first and foremost, win the election, that we’re going to be on top.

McCain: And you just got back from a three-day swing in Iowa-

Santorum: Yeah, I was in Iowa for most of the week, actually, and hit I think close to my 70th county in the state, and back again to New Hampshire this coming week, and then South Carolina, and then the following week back to Iowa. So, we’re working all the three early Primary states and giving the chance for the voters to get the chance to kick the tires and find out about who we are. Not just, you know, go and give speeches or do television interviews, but really have a chance for the interaction that at least I’m told the voters in Iowa would really appreciate and that pays off if you do well in the long term.

McCain: And your debate performances- a lot of people have praise for your performance in Orlando, and I believe I characterized you as a “brutal counter-puncher”. Sometimes these debates have been kinda rough at times.

Santorum: Well, my feeling is that if there are differences between the candidates on substance, you have to let the folks who are going to make these tough decisions — you have to let them know what those differences are. And there clearly were differences between me and Governor Perry on the issue of immigration and on the issue of these mandatory vaccines — his Executive Order on vaccines. And there have been differences between me and Ron Paul on the issue of Iran and Israel, and our position in Afghanistan. So I’m not shy about pointing out those differences when they are, and looking forward to doing more of that in the debates ahead on other issues.

McCain: Alright then, and your website is?

Santorum: ricksantorum.com. Go and send us a check.

McCain: Alright, thanks.

Santorum: Thanks.

Rick Santorum may deserve a second look, now that Sarah Palin is out and I have major issues with practically all the candidates.

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Posted in Conservative, Elections, Over-regulation, Personal Responsibility, politics | Tagged: , , , | 1 Comment »

Just Say No To 9-9-9

Posted by John Hitchcock on 2011/10/07

Robert Stacy McCain has been a strident supporter of Herman Cain for President since essentially the beginning, while I had been a strident supporter of Sarah Palin for President since the 2008 elections. As I said when I reported Palin’s decision to not run for President this cycle, I was going to take a closer look at Cain because Rick Perry was “third of three” for a reason (that being I’m not particularly interested in Big Government or Left-of-80 percent positions), and this is part of my closer look at Cain.

As many people know, Herman Cain has introduced a 9-9-9 tax plan with his candidacy. It is but a first step in his overall plan, to get the ball rolling as it were. It’s a good idea. But it’s a good idea that will fail miserably if implemented. Here’s what it is:

Phase 1 – 9-9-9

  • Current circumstances call for bolder action.
  • The Phase 1 Enhanced Plan incorporates the features of Phase One and gets us a step closer to Phase two.
  • I call on the Super Committee to pass the Phase 1 Enhanced Plan along with their spending cut package.
  • The Phase 1 Enhanced Plan unites Flat Tax supporters with Fair tax supporters.
  • Achieves the broadest possible tax base along with the lowest possible rate of 9%.
  • It ends the Payroll Tax completely – a permanent holiday!
  • Zero capital gains tax
  • Ends the Death Tax.
  • Eliminates double taxation of dividends
  • Business Flat Tax – 9%
    • Gross income less all investments, all purchases from other businesses and all dividends paid to shareholders.
    • Empowerment Zones will offer additional deductions for payroll employed in the zone.
  • Individual Flat Tax – 9%.
    • Gross income less charitable deductions.
    • Empowerment Zones will offer additional deductions for those living and/or working in the zone.
  • National Sales Tax – 9%.
    • This gets the Fair Tax off the sidelines and into the game.

9 percent flat income tax
9 percent flat corporate tax
9 percent national sales tax

It is designed to unite those who seek a flat tax and those who seek the “fair tax”. And it is designed as a first step in shifting the tax structure toward something Cain believes is much better. I get that and respect the good intentions of it. But it won’t work. And the reason it won’t work is due to the fallen nature of man.

I will not get on board with any “Fair Tax” plan unless and until the Income Tax Amendment is repealed and the Income Tax (all forms of it) is illegal because, and this is important, any National Sales Tax that is put in place while the Income Tax still exists will grow and the Income Tax will never be repealed. And we’re worse off than when we started. 35 years ago, the sales tax in Ohio was 4.5 percent. Today, the sales tax is 7 percent or above. (I am not delineating between State sales tax and Local sales tax because (aside from the fact I don’t know the numbers) it is irrelevant to the discussion.) In a much shorter time-frame, Mount Vernon income tax rates went from 1 percent to 1.5 percent, a 33 percent climb in the income tax rate. With both forms of taxation on the books, neither form will vanish but both forms will continue to climb.

A National Sales tax would have to be installed by amending the Constitution for it to have any chance of being safe from man’s fallen nature, and then it would have to be written perfectly to prevent Liberal judges and Liberal legislatures from distorting it or ignoring it completely. And even then, there is in all likelihood a guarantee the Liberal judges and legislatures will destroy all meaning of the Amendment.

A National Sales Tax would very quickly become a VAT or excise tax, where a product is taxed at all levels prior to finally being taxed when the consumer actually buys it. For example:

Mining company sells aluminum ingot to widget parts die-cast company.
Federal government adds 9 percent tax to aluminum ingot.
Cost of ingot = 109 percent

Widget parts die-cast company sells die-cast widget parts to widget manufacturing company.
Federal government adds 9 percent tax to die-cast parts.
Cost of ingot ≈ 118.8 percent

Widget manufacturing company sells widgets to widget-using electronics manufacturer.
Federal government adds 9 percent tax to widgets.
Cost of ingot ≈ 129.5 percent

Widget-using electronics manufacturer sells electronics to wholesaler.
Federal government adds 9 percent tax to electronics.
Cost of ingot ≈ 141.2 percent

Wholesaler sells electronics to retailer.
Federal government adds 9 percent tax to electronics.
Cost of ingot ≈ 153.9 percent

Retailer sells electronics to YOU.
Federal government adds 9 percent tax to electronics.
Cost of ingot ≈ 167.7 percent.

As you can see, if a National Sales Tax is added imperfectly, it will necessarily cause a huge cost explosion for everyone who buys anything, and harming the very people the Liberals claim to champion the most. If it is added perfectly, but not by Constitutional Amendment, it can be subsequently destroyed with great ease. And if it is added perfectly by Constitutional Amendment, we’ve all seen how Liberal judges and legislatures destroy what is clearly written in the Constitution.

And the Income Tax will never disappear if it is planned to disappear at a later date after the Sales Tax kicks in. So, there will be all sorts of new levels of hidden tax on top of the tax that is already seen, doing great damage to the economy and society as a whole. And as everyone who is clued in already knows, the Liberals are incapable of accepting a Flat Income Tax because they are incapable of accepting any tax code that is in line with the Tenth Commandment. Liberal tax structure is designed to violate the Tenth Commandment, and always will be.

So, no. No 9-9-9. No National Sales Tax, especially while the Income Tax is still with us. Just say no.

Posted in Conservative, Constitution, economics, Elections, Law, Liberal, Philosophy, politics, society, Tax, TEA Party | Tagged: , , | Comments Off on Just Say No To 9-9-9

“Crazy” Larry is at it again

Posted by Hube on 2011/10/07

… about “sitting on the sidelines” during the nascent civil rights movement in the 50s and early 60s … forgetting that he admitted he does precisely the same thing for the reason Cain’s father told Cain. Check it:

Where do you think black people would be sitting on the bus today if Rosa Parks had followed your father’s advice [for Herman not to make trouble if told to sit in the back of the bus; my note, Cain was 9 years old at the time of Parks’ act of defiance.]

You watched black college students from around the country and white college students from around the country come to the south and be murdered, fighting for the rights of African-Americans; do you regret sitting on the sidelines at that time?

http://www.msnbc.msn.com/id/32545640

Visit msnbc.com for breaking news, world news, and news about the economy

So, Crazy Larry chides Mr. Cain, yet admitted himself that he doesn’t criticize radical Muslims like he should … because he fears for his life:

HUGH HEWITT: Would you say the same things about Mohammed as you just said about Joseph Smith?

O’DONNELL: Oh, well, I’m afraid of what the…that’s where I’m really afraid. I would like to criticize Islam much more than I do publicly, but I’m afraid for my life if I do.

HEWITT: Well, that’s candid.

O’DONNELL: Mormons are the nicest people in the world. They’re not going to ever…

HEWITT: So you can be bigoted towards Mormons, because they’ll just send you a strudel.

O’DONNELL: They’ll never take a shot at me. Those other people, I’m not going to say a word about them.

Nothing like an admitted socialist like O’Donnell lecturing a black man on what he “should have done” during the civil rights movement when he was a minor and a young college student (because, in part, he feared violence), yet is afraid to do his job as an adult because he fears for his life.

What a sanctimonious hypocritical a-hole.

Posted in Uncategorized | Tagged: , , | 5 Comments »

Steady as she goes: 9.1%

Posted by Dana Pico on 2011/10/07

From The New York Times:

U.S. Adds 103,000 Jobs; Rate Holds Steady at 9.1%

Emile Wamsteker/Bloomberg News

Job seekers outside the Metropolitan Pavilion before the start of a job fair in New York this week.

By
Published: October 7, 2011

As an increasing number of economists have warned in recent weeks of a double dip back into recession, employers added 103,000 jobs in September, staving off the bleakest forecasts for now.

The unemployment rate for September was the same as August, 9.1 percent.

With President Obama continuing to press a balky Congress to pass his jobs bill, the Labor Department’s monthly snapshot highlighted the challenges for an administration faced with an economy that has struggled to deliver significant employment growth since the recovery started more than two years ago.

September’s number came after a month in which employers added a revised 57,000 and on the heels of other disappointing data about consumer confidence and the housing market. And economists have grown increasingly concerned about a ballooning European debt crisis that could send ripples across the Atlantic.

In a news conference on Thursday, the president urged Congress to act to prevent weaker growth and more job losses. “There are too many people hurting in this country for us to do nothing,” Mr. Obama said. “And the economy is just too fragile for us to let politics get in the way of action.”

Despite all the talk of another recession, some recent economic indicators actually paint a slightly better picture of the economy. Auto sales rose close to 10 percent in September to their highest level in five months, and sales at chain stores also rose last month. But the focus of political attention remains job growth.

Economists suggested that employers still have little incentive to add many jobs. “Given the complete lack of clarity as to what the economic outlook will be and the uncertainty about what’s going on in Europe and the political paralysis in Washington,” said Bernard Baumohl, chief economist at the Economic Outlook Group, “there is not much of an economic justification for employers to suddenly ramp up hiring.”

President Obama said, “There are too many people hurting in this country for us to do nothing,” but the last paragraph I quoted notes that there’s just not a lot of reason for employers to add jobs right now: they cannot foresee a need for greater production and adding capacity. Businessmen just don’t trust our federal government, under President Obama, to be business-friendly, to not impose more and more profit-cutting regulations, and, despite the President’s cancellation of some proposed environmental regulations recently, there’s really no reason that they should. For businessmen, the best possible economic news they could get would be to arise on November 7, 2012, to the news that President Obama had been defeated in the election, and that the Republicans widened their majority in the House and took control of the Senate.

President Obama thinks that he has to do something, that we just can’t decide to “do nothing,” but the fact is that we have already done everything we could. The Fed is basically out of monetary policy weapons, and we’ve already tried a huge stimulus plan, which did not work, and actually produced worse results than the President told us we’d see if we didn’t pass it. Doing nothing would, at the very least, provide some sense of economic stability, some sense for businessmen that they could (reasonably) count on the conditions on which they have to base their business decisions today would still hold true tomorrow.

I still remember a lesson from college, a point made by the late Dr Vincent Davis at the University of Kentucky: if you have the power to do something, and you choose not to do it, that is as much of a positive decision as choosing to take the proposed action. While it’s an uncomfortable thought for political leaders, sometimes just doing nothing is the wiser choice, sometimes letting things work themselves out, without government meddling, is the better course of action.

Our economy has to adjust to current conditions; that’s just what economies do, over time. Politically, during bad times, it’s hard to be patient, hard to wait for the economy to right itself, but eventually, it will.
_____________________
Cross posted on Common Sense Political Thought.

Posted in economics | 5 Comments »

 
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