• Fact: Lower taxes do not cause more jobs.
  • Fact: Only twice did lowering the tax rate cause revenues to go up – 1964 and 1981.
  • As long as they’re peaceful, the Occupy protesters have the right to protest.  It is part of the First Amendment of the Constitution. “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.”
  • Herman Cain’s tax plan will be bad for the economy.  It will encourage saving, but our economy is based on consumption.  If too many people save or just buy use, our economy will sink further.
  • President Bush didn’t cause the economic and financial crisis and neither did President Obama.
  • Despite what Alan Greenspan might think, liquidity isn’t the same as capital and just because a company has access to money doesn’t mean that they’re on good footing.
  • Easy credit (with the lowering of interest rates) contributed to the financial crisis.
  • Too little regulation and, in some cases, no regulation was one of the causes of the financial crisis.
  • The Republicans running for President do not understand that last statement.
  • Shortsightedness in reaching for short term profits is one of the factors that caused the financial crisis.