Quantcast

May 16, 2012

Herman Cain will Cut Salary as President; Suggests Congress do the Same

   
Are you a fan of EURweb? Like us on and Follow us on

*In a new interview with Chris Yandek of CYInterview.com, the Republican presidential nominee front runner in various polls, Herman Cain, said he would be willing to take a 50 percent pay cut if he became President of the United States.

Cain said that leadership is needed and that public officials should lead by example.

“I would have no problem leading in that manner. What I don’t know is whether 50 percent is the right number, but I do believe that there is a number that would be substantive enough to basically say we are going to lead…Yes I would. I would absolutely do that.”

Cain further stated he would be willing to propose legislation to Congress to take a drastic pay cut of their salary also to show true leadership.

“Go back to one of my guiding principles, I gotta make sure we’re working on the right problem. You are absolutely right. That is part of the problem. But what I’m saying is that’s not the total problem. What I was gonna say is, I would go even further. I don’t know the extent to which the contracts with federal workers allows me to ask them or to basically dictate to them that they do the same thing while private sector jobs have been contained because of the pressures that have been put on private businesses, public sector job salaries have just skyrocketed, which is why we have on average a 25 percent differential between private sector and public sector jobs. This is another place that I want to look. They should not be immune to the pains and pressures of this stagnating economy.”

In speaking about Cain’s 9-9-9 plan that has been talked about nationally, Mr. Cain said the plan would lead America to a future surplus.

“We would be moving towards that. My goal would be for that first fiscal year to be expended spending equals revenue and the way we’re gonna get there is do the deep 20 percent cut across and down and ten across, ten down and then stimulate the economy and 9-9-9 is gonna stimulate economic growth because the corporations are gonna love the fact that they only have to pay a nine percent flat tax on their income minus purchases and capital investment. It’s going to inspire them to think growth again rather than survival.”

You can listen and read the entire interview at Chris Yandek’s CYInterview.com.

 

Do you like this story?      

Like what you see? Share it!

Did you find this interesting? You can easily share it with friends & colleagues thanks to a wide variety of social networks like Facebook, Twitter, Digg, LinkIn, Delicious, StumbleUpon, or Tumblr... just to name a few. You can also send this via e-mail or bookmark it!

  • Facebook
  • Twitter
  • Digg
  • LinkedIn
  • Delicious
  • StumbleUpon
  • Share
 

Articles You May Like

Comments

  1. redbone1954 says:

    He is a joke as far as I am concerned!

    Do you like this comment?: Thumb up 0 Thumb down 0

  2. David says:

    I know he didn’t say this with a straight face. A politician asking for a pay cut is like the devil asking for an electric blanket. Fanteeking

    Do you like this comment?: Thumb up 0 Thumb down 0

  3. nylaconnect says:

    OCTOBER 13, 2011 3:21 PM
    Cain’s 9-9-9 Plan Kinda SIMilar To Video Game?
    BY CELESTE KATZ

    Both GOP presidential hopeful Herman Cain and players of SimCity want to wield vast amounts of power over the land — and they may even have similar thoughts on how to run an economy.

    Cain’s now-famed (and sometimes-maligned) “9-9-9″ taxation plan bears an uncanny resemblance to the set-up of 2003′s “SimCity4,” in which — as HuffPo notes — “the default tax rate was 9% for commercial taxes, 9% for industrial taxes and 9% for residential taxes.”

    Cain — who’s gained steam in recent polls — has been pushing his 9-9-9 plan like a Godfather’s Pizza special.

    It would scrap the progressive federal income tax program in favor of a 9% flat income tax for all Americans, slash the corporate tax rate to 9% and would introduce a new 9% national sales tax (that’s on top of what shoppers already pay).

    Asked by HuffPo about similarities between Cain’s plan and SimCity’s tax rates, Cain campaign spokesman JD Gordon replied, “Well, we all like 9-9-9.”

    It may be left to voters only to hope that Cain’s campaign, unlike SimCity, doesn’t have a G-d mode.

    (Image via WireNinja)

    Do you like this comment?: Thumb up 0 Thumb down 0

  4. nylaconnect says:

    Fact Check! Herman Cain’s Ice Cream Meltdown: Republican presidential candidate Herman Cain might be in the midst of his campaign’s first crisis, all thanks to ice cream.

    Now leading in at least one national poll, Cain is frequently asked if he is the new political flavor of the month. Cain’s canned response is: “Haagen-Dazs black walnut tastes good all the time.”

    Here’s the problem: Haagen Dazs no longer makes black walnut ice cream. It was a limited edition, and is no longer available. So, in a manner of speaking, you might say that Haagen Dazs black walnut was – by definition – a flavor of the month.

    When contacted by ABC News, Hazel, at the Haagen-Daz customer service line, said, “We don’t sell black walnut. The sales nationally did not meet our expectations, unfortunately. It did not behoove us to continue with the product.”

    The ice cream did not meet expectations. Cain better hope that is not a metaphor for his candidacy.

    Do you like this comment?: Thumb up 0 Thumb down 0

    • Stephanie says:

      What’s a trip is Black Walnut is my favorite ice cream and I always buy at a store called Food For Less which is part of the Ralph’s Grocery Store chain in California. Here’s my take on this whole thing…if America was not and still is not ready for a black president, Herman Cain doesn’t stand a chance in this life time. The Republicans are using his stupid ass to get remind white folks that if they don’t get out in droves and vote, another Nigger will be president. It will be just a matter of time before YT reminds him loud and clear, racism is alive and well and he will be the crack of every nigger joke you can think of…

      Do you like this comment?: Thumb up 0 Thumb down 0

  5. TGen says:

    Somewhere in some city in some state over the landscape, there is a rational, reasonable, grounded Black conservative who doesn’t offend those less fortunate and doesn’t make over-the-top shocking quips to garner headlines–Cain of course is not that Black conservative. He is big on charisma, but small on everything else. It’s hard to believe someone so accomplished in the private sector is really just a clown who spouts off at the mouth and says ridiculous things for attention. Most CEOs are a lot more measured and responsible in their speaking than is Cain. So I find his political persona very interesting.

    It’s almost like running for prez is not a sincere campaign, but more a ploy to boost his name recognition so that he can venture into other areas (sound like someone we’ve seen before? a half-term governor from Alaska come to mind? lol). Look for him to have a TV show in a few months or to go syndicated in more cities with his radio show. There’s something he’s after, I’m just not sure even he thinks he’s presidential material. We will see…

    Do you like this comment?: Thumb up 0 Thumb down 0

    • Reds says:

      “It’s almost like running for prez is not a sincere campaign, but more a ploy to boost his name recognition so that he can venture into other areas”

      But TGen, you know you could almost say the same thing about Rick Perry, at least initially. I mean, when Rick Perry first came out and was saying those crazy things in the debates about climate change, the Federal Reserve and social security. I was like, what is the end game? He can’t be that stupid. Being the front runner then, he had to fancy is chances of going all the way. Was he that confident? Did he not see what happened to Palin, how high her numbers were, then the dramatic fall which ensued?

      At least with Herman, he may be smart enough to know that he will never get the Republican nomination, since he would have to get the endorsement of people like Limbaugh, which will never be forthcoming to a black man. So Hermann may just be saying, let’s have some fun with it.

      Do you like this comment?: Thumb up 0 Thumb down 0

Speak Your Mind