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Prison Planet.com » Rick Perry Would Back Israeli Attack On Iran

www.prisonplanet.com11/4/11

29 Responses to “Rick Perry Would Back Israeli Attack On Iran”. Quantummonkeybutt says: November 4, 2011 at 10:24 am. Nobel Peace Prize Winning Barack Obama (a.k.a. 'Baraq 'u Vama'): “War!!!” Perry: “War!!!” …

In Rick Perry's Speeches, a Growing Anti-Washington Theme …

thecaucus.blogs.nytimes.com11/4/11

As the Cain controversy explodes, Gov. Rick Perry of Texas is sticking to economic themes.

The somewhat obvious answer is, most likely, "Yes" to both questions.

But Why?

Dan Henninger categorically says what he thinks the U.S. can learn from Texas

The Texas Economy Is Huge

Rick Perry says that Texas is the most successful state in America and he’s right because Texas’ economic output even exceeds Mexico’s and Australia’s and is close to that of India’s.

Rick Perry has been governor of Texas for nearly eleven years, but does the logic of politics lead us to conclude that the governor of the nation’s most successful state is, ipso facto, the best man to be president of the economically gasping United States?

Texas, unlike California, isn’t America’s most beautiful state, and through October this year parts of Texas had 90 days of 100+ temperatures, yet companies and people keep moving into the high heat of Texas.

From Dan Henniger’s Wonderland

In a preview of his "Wonderland" column, Dan Henninger discusses what he thinks the U.S. can learn from Texas.

In 1990, one of the world’s biggest companies, Exxon Mobil, left New York City for Dallas. Exxon’s former CEO, Lee Raymond, says the move in part was indeed about costs and New York State’s notoriously overbearing tax authority. But it was also about working amid a culture of competence.

"It’s just the attitude in Texas of getting things done and doing them well".

This is about something beyond low taxes and no unions:

"In Texas the people tend to be farmers or individual businessmen, and they have this attitude".

"We have to make do with what we have and work together to get things done and survive".

"It’s can-do and that attitude permeates everything there".

Alan Boeckmann, until recently CEO of Fluor Corp., which is an engineering and construction firm, says:

"Regulatory and legal hassles pushed Fluor out of California. Congress passed Sarbanes-Oxley. California had its own version. There were constant class-action suits over Fluor’s benefits. It could have been settled, but not in California. That’s how the game is played there".

And when word of the 2006 move got out.

"California made no attempt to keep us. In Texas, things started to happen quickly, without us initiating them. The Irving Chamber of Commerce did orientation sessions for employees and spouses, even helping with new-house searches, and a street was renamed a street ‘Fluor Drive’, which in California or the Northeast would be laughable".

Smaller Fish Too

Ed Trevis, who is a smaller fish, is also happy.

Ed is a California-educated Brazilian immigrant and tech entrepreneur who operated in Silicon Valley for 25 years and moved Corvalent Corp. to Austin for similar reasons.

He had to hire a firm just to do California’s compliance.

"In California you are always doing something wrong".

"What I found in Texas is that from the standpoint of running a business, cost of living, education, the labor pool, quality of life, it just blew other states out of the water. I heard this constantly. People enjoy being in business in Texas".

More Points Of View

Technology consultant Bob Barker says while taking a visitor around the nearby hills,

"Austin may have more Ph.Ds driving taxis than any city in the country".

Austin’s famed population of big and small technology companies has suffered layoffs.

But Barker says:

"No one wants to leave. They stay, plugging into Austin’s numerous business-support networks. In Austin you discover a primary reason beneath Texas’ success. It’s about competition plus collaboration. It seems everyone in Texas high-tech knows everyone, and if they can help each other, they will".

David Booth, who moved Dimensional Fund Advisors’s headquarters to Austin from Santa Monica in 2008, puts Rick Perry’s role in perspective:

"He understands his job isn’t to get in the middle of everything".

Fluor’s Alan Boeckmann seconded that, and Mr. Booth and others said this is also true of the Texas lieutenant governor, its attorney general and the comptroller.

"They are very supportive of business",

says Lee Raymond,

"In the sense of moving things along. If there is a rock in the road, they want to know what they can do to move it out of the way".

Mr. Booth says:

"This isn’t merely the ‘pro-business’ bias of a Rick Perry or any other governor. Texas’ pro-business bias goes back about 175 years and never died. It’s just that they believe in the whole Horatio Alger myth down here. It’s hard to understand if you haven’t lived here".

Texas Or California?

Obama chose the California model and not the Texas one and look where America’s at!

The Texas mentality would be the same with or without Perry but he gave it free rein rather than bridling it, and it worked.

So This much Should Be Obvious

Texas, not California had better be the American future.

And somewhere inside of him, Rick Perry of Texas understands this distinction.

Herman Cain's 999 Plan Draws Praise, Skepticism – Finance – CBN …

Cain's 999 plan is part of what's propelled him to the front of the GOP field. Although the plan is resonating with voters, it's drawing criticism from economists.

Publish Date: 10/15/2011 2:00

http://www.cbn.com/cbnnews/finance/2011/October/Herman-Cains-999-Plan-Draws-Praise-Skepticism/

Why I Support Herman Cain For President – Forbes

Neon Tommy

Why I Support Herman Cain For President Forbes The author is a Forbes contributor. The opinions expressed are those of the writer. I have decided to support Herman Cain for president of the United States, and have joined his team of economic advisors. Central to my support are Cain's pro-growth … Cain's 999 Plan A Payoff For Koch SupportLez Get Real Interview with Presidential Candidate Herman CainRealClearPolitics Cain's 9-9-9 Plan: A Step In The Right DirectionNeon Tommy Patch.com -Daily Beast -OpEdNews all 5,377 news articles »

Herman Cain Wants To Kill Our Tax Code!

Herman Caine is the only GOP presidential candidate that wants to do it, and he’s rising super fast in the opinion polls!

The 999 Plan Isn’t Perfect

But like they say,

"Good should never be the enemy of the perfect" – Voltaire

and Rep. Paul Ryan just gave the plan a thumbs-up!

Art Laffer agrees and says,

"It would be far, far better than the current system".

*Arthur Betz Laffer is an American economist who first gained prominence during the Reagan administration as a member of Reagan’s Economic Policy Advisory Board (1981–1989).

And Chris Chocola, the president of the free-market Club for Growth, calls it,

"A truly revolutionary tax reform that would amount to a massive job-creating tax cut on investments, savings and income".

What Is Caine’s 999 Plan?

A 9% income-tax rate.

A 9% value-added net sales tax rate on business.

And a 9% national sales tax overall.

The sales tax part has come under attack from both sides of the political spectrum with many conservatives worrying that it will start at 9% and gradually get raised, whilst a good number of Liberals oppose it because they say its regressivity will hurt middle- and low-income people.

* A regressive tax imposes a greater burden, relative to resources, on the poor than on the rich because there is an inverse relationship between the tax rate and the taxpayer’s ability to pay as measured by assets, consumption, or income.

Cain’s Rebuttal Of Sales Tax Criticism

Everybody below the poverty line will be exempt from the sales-tax and the sales of existing goods will be exempt.

The sales tax will pick up revenue and help to lower the rate for everybody, especially the middle class.

And Caine’s economic adviser, Rich Lowrie says that.

"The sales tax is a replacement tax, not an add-on tax like you’d find at the state level. This is a key point. All we are doing is pulling out taxes that are invisible. We’re cutting the rates. We’re putting them back in at lower rates".

Lowrie is referring to the payroll tax, which in the Cain plan will go from 15% to 9% which constitutes a net tax cut and a good deal more transparency regarding costs and prices that are embedded in the current code.

"The 9-9-9 plan will add $2 trillion to U.S. gross domestic product, create 6 million jobs, increase business investment by a third and lift wages by 10%. And if you fold all that growth together, federal revenues go up by 15%", said Lowrie,

Would It Work?

Such a gigantic drop in marginal tax rates for individuals, 35 to 9%, or to 18% including the sales tax, and for businesses also from 35 to 9% would supply an incredibly strong economy-wide growth incentive, and if you’re looking for proof, then you need go no further than the Harding-Coolidge-Mellon tax cuts of the 1920s, the John F. Kennedy tax cuts of the 1960s and the Ronald Reagan tax cuts of the 1980s.

Remember, too, that the Cain tax plan would eliminate the double-tax on saving and investment by removing capital gains, estates and dividends from the tax code.

Given the current economic malaise, which in large part can be traced to the weakened balance sheets and net worths of families suffering from the multi-year slump in stock prices and home values, increasing returns to saving and investment through a much lower marginal tax rate should boost asset values, and might be just what the doctor ordered.

As for businesses, not only would they get a globally super-competitive 9% tax rate, but they’d receive 100% expenses for new purchases of capital equipment.

Gary and Aldona Robbins who once worked at the treasury priced out the Cain plan on a static basis and discovered it to be revenue neutral.

And the models suggests a $26 trillion tax base yielding $2.3 trillion in revenue for a 9.1% overall rate.

No Federal Or State Tax But Just A Sales Tax

I’ve personally yet to have anybody to explain to me why simply having a sales tax instead of ALL the other taxes wouldn’t be fairer.

The rich would spend more than the poor and therefore pay more tax, and what could be simpler than that?!

Tax preparers understandably hate the idea of course because simply having just a sales tax would put around 100,000 out of work.