999 plan Archives

Herman Cain Lied Again – His Economic Adviser Is Not An Economist

So what do we know about Herman Cain’s 999 plan?

Well, if you turn it upside down, it magically transforms from 999 to 666 – the mark of the beast! A fact that was originally tweeted by EzKool over 3 weeks ago, and is now being quoted by Michele Bachmann in the last Republican Presidential debate.
We also now know that it is not the price of one of his large pizzas, another fact tweeted by EzKool over a month ago, and was also used by Jon Huntsman in the last Republican Presidential debate.
And we know that for some reason, Herman Cain wouldn’t name his economic advisers… well, that was until the last debate where Mr. Cain dropped the name Rich Lowrie of Cleveland as one of his leading economists…

“My advisers come from the American people. Now, I will have some experts. One of my experts that helped me to develop this is a gentleman by the name of Rich Lowrie out of Cleveland, Ohio,” Cain said during the debate. “He is an economist, and he has worked in the business of wealth creation most of his career.”

As it turns out, Rich Lowrie is not an economist.

Herman Cain says his much touted 9-9-9 plan is the product of extensive testing and thinking, but the only man he cites as involved with its research — Rich Lowrie of Cleveland — is not a trained economist.

Instead, Lowrie — who’s the only economic adviser Cain has been willing to mention by name — is a wealth manager for a division of Wells Fargo and according to his LinkedIn page holds an accountancy degree from Case Western Reserve University. Lowrie also spent three years on the advisory board of the conservative third-party group Americans For Prosperity.

We are now back to square one. Herman can’t even tell the truth about who his economic advisers are. It could be Bugs Bunny for all we know.

Herman Cain Cannot Say If Bugs Bunny Is His Economic Adviser

Appearing on the Fox News network today, was the grandfather of pizza making and a Republican presidential candidate, Herman Cain. Like you’ve probably heard in his Republican debates, Cain is pushing a 999 plan that he claims, is the missing link to cure the country’s economic woes. A plan that will introduce a flat tax rate for Corporations, individual income and national retail sales tax.

When introducing his plan, Cain said;

“It is revenue neutral, so it will raise the same amount of revenue that we’re currently collecting with this messed up tax code that is being manipulated by the politicians to pick the winners and losers.”

So naturally, knowing the names of the economists who drafted this plan would be necessary when considering the seriousness of Cain’s 999 plan. Otherwise, one could easily call it the price of a small pizza – $9.99. So Chris Wallace, the host of the Fox program Cain appeared on, asked the obvious question; could you name one economist who endorsed this plan?

Cain fumbles, then admits he did not have the authority to name names. Wallace points out that if the plan was any good, the authors would have no problem having their names associated with it, but Cain maintained his position of secrecy. He did, however, offer this at the end of the segment, “I am going to try and get my advisers to allow me to use their name.”

So until we know who created this 999 prescription for our economic perils, I’m sticking to calling it what I think it is – the price of a small pizza with extra cheese. Soda would be extra.