As of now, I am in control here, in the White House

Quote of the Day || October 18, 2011

“I love Herman Cain’s nine-nine-nine plan. Because the minute he gets to Washington, I’ll make it the ten-ten-ten plan ”

– Nancy Pelosi

A note from our attorneys: This is not a real quote

5 Responses to Quote of the Day || October 18, 2011

  1. Keith, I liked your article about Obamas identification with the OWS movement. Of course it is bad judgement, I haven´t heard about other top politicians identifying with this mob. If, or when, this “revolution” turns bad I hope his words will come back and bite him.
    However, I can certainly understand that ordinary people react on news about all those who get giant salaries,bonuses and perks in these recession times when so many loses their jobs and incomes. Maybe it´s my Swedish mindset but some sums are almost inmoral, how can anyone deserve it? But I do hope that people who are rightfully angry and disappointed are not joining this OWS crowd but protest in other ways. And I think media should focus on Obamas moneymaking and whom he gets money from. That man certainly likes money and luxury.

    • I was thinking along those lines, too, the other day, Swedish Lady. The average CEO here makes 475 times more than the entry-level person. What do they do? Go to a good school (check), learn to think and reason (check), climb through the ranks (check), make money for stockholders (I don’t), sit in meetings, talk on the phone…How can one human being be worth so much more than another–just because they can get it to be that way, know the right people, and can work the system? I guess. Gee, I sound like I better get to the park.

      • Star, I know that the economic contrasts are more evident in the US than here but 475 times more to an average CEO is certainly shocking. It ought to be a PR problem for a company to have such frightfully unfair salaries.

  2. I agree with Mark Levin. He likes Herman Cain’s 9-9-9 plan, but the only way to make it work is to repeal the 16th Amendment, taking away Congress’ power to lay and collect taxes on income. It’s the only way to keep the politicians from rebuilding the behemoth tax code down the road.

    • Susan, here is the 16th Amendment.

      The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

      I am not disagreeing with you.
      As I understand Cain’s 999 plan, it would tax incomes at the rate of 9%.
      The method of taxation seems to be the problem we have today given the bloated IRS.