Brayin Candy

Show proper respect to everyone: LOVE the brotherhood of believers, fear God, honor the king. 1 Peter 2:17

If DEMOCRAT Governor and Senator John Corzine manages to stay out of jail over his $2 Billion Ponzi scheme he can become the Social InSecurity Secretary. With the ability to make Billions disappear he is a natural for managing that gummit boondoggle. The problem with going from public office to the private is you no longer have the taxpayers to clean up your mess. Not to mention they actually have laws against Ponzi schemes and embezzlement you don’t have to worry about in the gummit. As a Democrat Senator and Governor he developed some really bad habits that don’t translate into the financial markets.

Democrat Senator Corzine is the symbol of what is wrong with politics and crony capitalism. By all accounts he was a below average commodity trader who decided to take the Phoenix group and make it into a high stakes gambling operation betting on the survival of the European union. Here we have a miniature George $oro$ betting on European debt and currencies while trading contracts with all the large banks around the world. When the Countries like Spain and Italy were downgraded by the rating agencies his discounted paper suddenly went to zero and he lost everything. Democrat Senator Meathead then tried to float the company on incoming funds as long as he could until his investors discovered they had no funds in their accounts and here he sits waiting for a cell next to George Madeoff.

To understand how these bonds are traded you need to understand how the commodity market works. This debt was basically Subprime mortgages that Countries were issuing to cover their deficits same as we sell our debt to China through brokers. Just like oil or any other commodity they are valued on the open market however they are a negotiated market where brokers will make offers and take sells on volume purchases. He hopes to hold the bonds until they go up in value and then sell them to a future buyer for an evil profit and repeat the business. The problem he ran into is the countries he was investing in are so overleveraged and invested in poorly performing industries like solar and wind that they lost more money and were downgraded turning those future sells into thin air. Wonder if he could build a windmill to collect some of that air?

The problem with trading commodities is many traders like Democrat Senator Meathead is they believe they are smarter than the market. Once you believe you have the perfect crystal ball you end up eating glass or in his case the entire ball. The market is not predictable and especially when you are trying to predict something as volatile as foreign gummits. This is taking something as risky as financial commodities and multiplying it by a thousand, sounds like a perfect match for a liberal disaster.

So now we have the media trying to hide the obvious fraud and criminal involvement of Democrat Governor Corzine and his attachment with this corrupt regime. This is the same person who they wanted to be the Treasury Secretary due to his supposed financial expertise. He would be a perfect fit for this Soviet Style gummit with its obvious goal of bankrupting our country. He was investing in countries that were following the same model the commie libs are following from the renewable energy to complete union control and overburdened debt. He believed the commie European model works better than a free market and bet on it with Billions of other people’s money and futures and now they are feeling the consequences. Thousands of investors have now been bilked out of their life’s work as another greedy liberal wasted their futures on his pipe dream.

The exact same thing has happened to America as a self centered egomaniac bet the entire Country’s future on that same pipe dream. Commie libs like Barack Oneterm not only bet the future of all Americans on boondoggles like renewable energy, trains to oblivion, gummit healthcare and unions but also his hatred for this Country seeps out of every pore of his being. We are watching Hope and Change turn into Hate and Rage. His Marxist economics has failed far worse than Democrat Senator Corzine’s investments for exactly the same reason, their trust in Marxism. This is the perfect example of what is wrong with having liberals in both gummit or finance, they don’t have a concept of how an economy works. They have no idea of what the Free Market is or have any trust in its ability to function without centralized control and regulation.

Liberals believe the Free Market is basically evil and will destroy the world unless it has a powerful gummit controlling it and managing it. The thought that a free market can work efficiently and to the best interest of not only the company but the environment is as foreign as letting people enjoy an unfettered life. So just like Obama when Corzine saw one European socialist model after model fail from too many boondoggle programs did he tell his people the truth? Of course not, he did what every Democrat does and that is to lie and hide the truth while axing for more investors to bring more capital into the sinking ship as the money disappeared. Was he honest and transparent about the financial disaster which was occurring? No, he hid it and is still hiding what happened hoping he will receive preferential treatment from what he deserves which is a jail cell the rest of his life.

Democrat Senator Corzine lost $2 Billion of his investors’ funds while Democrats Obama, Reid and Pelosi lost $2 Trillion of their investors’ funds. None of them show any compassion whatsoever to the lost capital and they all want to double down since they know best for America. None of them have the slightest caring for the people suffering from their disastrous Marxist theory or the damage it has caused in their lives. They believe they will be immune from the suffering as well as the overriding goal of punishing the rich.

Just like Corzine they believe that failed system will eventually work since it has never had the right central planners in charge and they are those right people. Just like Corzine he and they believe they are smarter than the markets and could control the markets with central planning. What they and Corzine have found is markets are too big to control and all the money in the world will disappear when you pour it into a socialist rat hole. The money and jobs are gone and now all that is left is hiding that from the investors and hope they don’t figure it out. The only difference between Democrats Corzine and Obama, Reid, Pelozi is one is subject to Ponzi laws and jail while the others are not.

9-9-9=Freedom

Everyone with me sends you greetings. Greet those who LOVE us in the faith. Grace be with you all. Titus 3:15

The establishments of both Parties hate the Cain 9-9-9 plan so it must be a great program and it is. The main benefit of this plan is the elimination of the IRS which will turn tax preparation into a breeze. There will essentially be one deduction for most people which will be for charity and all others will be eliminated and then taxed at 9%. The IRS is the primary institution in the District of Corruption that enslaves the American people to a system that was supposed to be voluntary but is now a confiscatory arm that threatens people at every turn. The destruction of the IRS would be a giant step towards Americas’ freedom.

Herman Cain and now Rick Perry have made bold steps towards the reformation or removal of the IRS. This will have two immediate affects for the American people of putting direct dollars into their pocket by lowering their overall taxes lowering from a 15% income tax to the 9% and elimination of Social Security taxes which represents another 11% from total taxes as well as the elimination of the Death Tax which is perhaps the most draconian tax of all. The other hidden tax that will be eliminated is the savings from not having to pay tax preparers and accounting for small and large businesses putting thousands in peoples’ pockets.

Nobody likes the idea of taxes and especially sales tax but to eliminate the need for the IRS and the expense of running such an archaic rat’s nest is a huge step in the right direction. This will add a burden to the stores and retailers who sale the goods but eliminates the complication and paperwork of the current tax system. This is not a Value Added Tax which is a tax on each step along the manufacturing process where the steel manufacturer pays a tax when they deliver the steel to the wheel maker then the wheel maker pays a tax when he sells to the auto plant and so forth. This is simply a tax when the car is sold to the customer.

The current tax system is more of a VAT tax in that it taxes every company all along the way. Any company that makes a profit in every step pays a tax which is passed onto the cost of the next step and ultimately to the customer. In reality the customer will actually be buying the products for a lower cost by not being taxed on every step of production. This is going to mean lower prices and more sales which will turn into more profits and jobs. For Dems reading this, when items you want to buy cost less you tend to buy more of them which means you have to make more leading to private sector jobs.

This tax plan will lower the costs of all goods and services by taking layer after layer of lower taxes and eliminating most tax accounting and allowing businesses to make their decisions based on economics not tax bribery. This eliminates most of the business welfare hidden inside the tax system which will lead to a more competitive, fair and fertile field for industry. This is the first step for a new tax system which will be more focused on collecting revenues rather than corrupt social engineering it has been used for.

A couple of other great nuggets in the 999 plan are the elimination of a Capital Gains tax as well as an immediate expensing of investments for companies. There are Billions of dollars being held to eliminate the paying of these taxes. This would be a huge jolt to the economy as these investors would be cashing in on profits with money ready to spend and invest on new products and businesses. The expensing of investments would allow companies to buy new machinery and automobiles that would be taken off their profits and lowering their taxes. It may only be a 9% savings but it would be a reason to purchase a good they were likely to purchase anyway stimulating rustbelt industries around the country. This would likely be an immediate boost to the auto industry but not likely to help the windmill or solar companies nearly as much.

This plan is obviously going to be lobbied against on all sides. There is no doubt it would be a huge change in the way things are done in DC. The tax system has been one of the major centers of social engineering as well as lobbyist corruption through the decades and this program would essentially end that corruption. This obviously means that all of the lobbyists and their paid off politicians will be fighting this plan with everything they have. This is going to make the healthcare lobby battles look like a squirt gun fight as these crooks are going to be fighting for their graft filled lives. Heck, it passes and DC could end up only having seventy lawyers per hundred.

Herman Cain has shown courage and leadership by bringing this idea to the campaign trail. In an age where politicians are coached to conform and stay away from big ideas he brings one of the biggest ever offered. This boldness is being rewarded in the polls as people understand the concept he is offering even if they don’t know all the details. This is an end to the IRS and tax code as we know it and have learned to adapt. His plan is the first major attempt to remove those shackles and free the people from the slavery of this system and give them an opportunity to control some of their exposure and costs. As frightening as freedom is to many, this is the first attempt to give that gift to America if it can be matched by an equal effort in reduced spending and regulations. Once again a Tea Party candidate is offering Americans a cool breath of freedom from oppression.

Pray for America