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Friday, November 18, 2011


WASHINGTON — Herman Cain's 9-9-9 tax plan would raise taxes on 84 percent of U.S. households, according to an independent analysis released Tuesday, contradicting claims by the Republican presidential candidate that most Americans would see a tax cut.

The Tax Policy Center, a Washington think tank, says low- and middle-income families would be hit hardest, with households making between $10,000 and $20,000 seeing their taxes increase by nearly 950 percent.

"You're talking a $2,700 tax increase for people with incomes between $10,000 and $20,000," said Roberton Williams, a senior fellow at the Tax Policy Center. "That's huge."

Households with the highest incomes, however, would get big tax cuts. Those making more than $1 million a year would see their taxes cut nearly in half, on average, according to the analysis.

Among those in the middle, households making between $40,000 and $50,000 would see their taxes increase by an average of $4,400, the report said. Those making between $50,000 and $75,000 would see their annual tax bill go up by an average of $4,326.

"It's very, very regressive compared to the current system, and that's largely because we're exempting capital gains, and we're taxing your spending with the sales tax," Williams said. "People at the top end don't spend all their money and they get a lot of capital gains, so they are doing pretty well here."

Cain disputed the analysis Tuesday evening during GOP presidential debate in Las Vegas, where the other Republican candidates heaped on criticism. Cain has acknowledged that taxes would increase for some but says taxes would decrease for most.

"It does not raise taxes on those that are making the least," Cain said. "All of those are simply not true."

"The reason that our plan is being attacked so much is because lobbyists, accountants, politicians, they don't want to throw out the current tax code and put in something that's simple and fair," Cain said. "They want to continue to be able to manipulate the American people with a 10 million-word mess."

Cain's plan would scrap current taxes on income, payroll, capital gains and corporate profits. He would replace them with a 9 percent tax on income, a 9 percent business tax and a 9 percent national sales tax.

Cain's campaign has gained momentum largely in response to his tax plan, which is popular in part because of its simplicity. Several polls have the former CEO of Godfather's Pizza at or near the top of the Republican field, vying with former Massachusetts Gov. Mitt Romney.

President Barack Obama told ABC News that Cain's tax plan would impose a "huge burden" on middle-class and working families. The president said Cain's plan would make sure the wealthiest pay less – and replace the revenue with a sales tax hitting the less well-off.

Romney criticized the plan in a conference call with reporters Tuesday.

"I believe that you're going to find with the 9-9-9 plan Herman Cain has put out that the burden shifts more to the middle class, and I think that's the wrong direction to go," Romney said. "A decision to completely jettison our current tax system for a new system always has some merit, but then you need to get into it, to figure out who's this going to help and who's this going to hurt."

Cain's rise in the polls has brought increased scrutiny, and his tax plan has taken hits from across the political spectrum. Some don't like shifting the tax burden from the wealthy to the poor and middle class; others don't like the new national sales tax.

"Anytime you give the Congress a brand-new tax, it doesn't go away," said Rep. Michele Bachmann, R-Minn. "If we give Congress a 9 percent sales tax, how long will it take a liberal president and a liberal Congress to run that up to maybe 90 percent?"

William McBride, an economist at the conservative Tax Foundation, said Cain's plan to move away from taxing savings and investment "would be a very good thing for growth in the long run."

But, McBride said, the national sales tax would be a nightmare to administer because so many state and local governments already have sales taxes, and the bases are different.

In most states, food and medicine are excluded from sales tax. Cain has said his sales tax would be applied to all new goods – only used goods would be exempt.

"It's not as simple as having all these jurisdictions simply tack on 9 percent and send it to the federal government," McBride said in an interview.

Cain has said his plan would initially raise as much money as the current tax system but do it more efficiently, leading to economic growth, which would produce higher tax revenues. The Tax Policy Center analysis agreed that the plan would initially raise about the same amount of money as current tax policy, about $2.55 trillion in 2013.

The Tax Policy Center compared taxes on U.S. households under current tax policy, with those imposed under the Cain plan. In using current tax policy, the analysis assumes that tax cuts enacted under former President George W. Bush – and extended through 2012 by Obama – would be extended.

The center did a separate analysis that assumed all the Bush-era tax cuts would expire at the end of 2012. Under that scenario, Cain's plan would still impose higher taxes on 77 percent of U.S. households, the report said.

The Tax Policy Center is a research group formed by two Washington think tanks: the Urban Institute and the Brookings Institution. Researchers at the center regularly testify before Congress on tax policy. The center's analyses during the 2008 presidential campaign were widely circulated.

The center said researchers tried to consult with Cain's advisers to make sure they were interpreting the plan correctly, but they had not heard back.

Wednesday, November 9, 2011

Atlas Shrugged Part I Movie Review

Atlas Shrugged Part I Movie Review


12% critical acclaim, telling that all the pinko communists show their true blood, by insulting the entire film, based on lies. They felt sheer guilt watching it. Oh, the critics were all over the place on this one, dishing out insults like it was going out of style.  The fact that this is the only conservative movie ever made in the history of histories, is also telling. Maybe, most authors are all left-wing nut jobs that wrap themselves in the fantasy of academia.  Who knows?

Atlas Shrugged Part I
The fact of the matter is, the movie pounded its point into their red communists hearts over and over, and beat them into submission, until they could take it no more, and there you have a tremendous gulf between audience approval at 80% and critical acclaim at 12%.

The movie is based on the novel by Ayn Rand.  Atlas Shrugged is a novel by Ayn Rand, first published in 1957 in the United States. Rand's fourth and last novel, it was also her longest, and the one she considered to be her magnum opus in the realm of fiction writing.
The book explores a dystopian United States where leading innovators, ranging from industrialists to artists, refuse to be exploited by society leading to millionaires going on strike. The only clue to this strange circumstance is the enigmatic question "Who is John Galt?" which turns out to be a significant foreshadowing of the book's premises. The protagonist, Dagny Taggart, sees society collapse around her as the government increasingly asserts control over all industry (including Taggart Transcontinental, the once mighty transcontinental railroad for which she serves as the Vice President of Operations), while society's most productive citizens, led by this mysterious John Galt, progressively disappear. Galt describes the strike as "stopping the motor of the world" by withdrawing the "minds" that drive society's growth and productivity. In their efforts, these people "of the mind" hope to demonstrate that a world in which the individual is not free to create is doomed, that civilization cannot exist where every person is a slave to society and government, and that the destruction of the profit motive leads to the collapse of society.

The novel's title is a reference to Atlas, a Titan of Greek mythology, who in the novel is described as "the giant who holds the weight of the heavens(the Sky) on his shoulders".  The significance of this reference is seen in a conversation between the characters of Francisco d'Anconia and Hank Rearden in which d'Anconia asks of Rearden what sort of advice he would give to Atlas upon seeing that "the greater [the titan's] effort the heavier the world bore down on his shoulders". With Rearden unable to answer, Francisco gives his own response: "To shrug".

Dagny Taggart and Henry Rearden
Atlas Shrugged includes elements of mystery and science fiction,  and it contains Rand's most extensive statement of Objectivism in any of her works of fiction via a lengthy monologue delivered by the strike's leader, John Galt.

The theme of Atlas Shrugged, as Rand described it, is "the role of man's mind in existence". The book explores a number of philosophical themes that Rand would subsequently develop into the philosophy of Objectivism. It advocates the core tenets of Rand's philosophy of Objectivism and expresses her concept of human achievement. In doing so it expresses many facets of Rand's philosophy, such as the advocacy of reason, individualism, the market economy, and the failure of government coercion.

The movie follows the book along very closely, but the movie acclaim closely follows the book acclaim.
"Atlas Shrugged received largely negative reviews after its 1957 publication, but achieved enduring popularity and consistent sales in the following decades."


History is obviously repeating itself. The public is fed up with the government and this movie is directly topical to the Obama administration. There is nothing that any critic has said, that shows that they even watched the movie, and all of their criticism is about the production of the movie, not the movie story at all. It is unconscionable to say you have reviewed a movie and mention nothing about the story.

Ayn Rand the Author and Philosopher
Taylor Schilling of Mercy tv series (2009) and Dark Matter (2007) stars as Dagny Taggart. Edi Gathegi of Twilight, Crank and X-men: First Class, plays as her go to man and sidekick Eddie Willers.  Graham Beckel of CSI: NY tv series and Brokeback Mountain plays Ellis Wyatt an oil magnate and reluctant client of Taggart Railway.  Matthew Marsden of Transformers: Revenge of the Fallen and Resident Evil: Extinction plays as James Taggart, CEO of Taggart Railway and brother to Dagny Taggart.  Grant Bowler of True Blood tv series and Ugly Betty tv series plays Henry Rearden of Rearden Steel, a steel magnate and partner to Dagny Taggart rounds out the trio of capatalists that are under fire by the communist take over by the government of their each respective industries, broadly, and companies, specifically.

The story is compelling and very appropriate for our times with the Obama administration doing exactly what was going on in the movie, almost down to the exact legislations.

To anyone that has a brain and wants to see something presented crystal clear about what is going on in our times right now, this is a MUST SEE.


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