Wednesday, October 12, 2011

Koch Ties to Herman Cain 9-9-9 Tax Plan

Herman Cain's 9-9-9 tax plan, which, during the debate last night, Michelle Bachmann correctly pointed out creates a new tax pipeline and opens up the possibility of a value added tax, has an intriguing tie to the Koch brothers.

Cain attended the Koch conference held earlier this year in Rancho Mirage and he has been a speaker at the Koch-funded rightonline.

But, here's the real kicker. During last night's debate, when asked, Cain divulged only one name that helped him develop his 9-9-9 plan, Rich Lowrie.

It turns out, according to LaTi, that from 2005 through 2008, Lowrie served on the board of advisors of Americans for Prosperity, a nonprofit advocacy group heavily funded by Charles and David Koch.

Pressed to name his other advisors, Cain again referred to Lowrie.

"He's been my lead economist on helping to develop this," Cain said.

What's Lowrie's background outside of his Koch connections?

He holds a bachelor’s degree in accountancy from Case Western Reserve University and now leads a wealth management group of Wells Fargo Advisors in Cleveland, Ohio.

So, now, how do you think Cain ran into Lowrie?


  1. Ron Paul's also spoken at "Koch-funded" Americans for Prosperity events, so he too has "Koch ties."

  2. @mooseofreason

    How would you rank Ron Paul's Koch ties relative to Herman Cain's? Do you think they are the same? Has RP ever been invited to one of the Koch Rancho Mirgae-type events?

  3. @mooseofreason;

    And Ron Paul has a super duper, non-government reducing tax plan crafted for him by whom?

  4. Cain's campaign at one point had hired Americans for Prosperity Wisconsin director Mark Block as an adviser or something.

  5. I hope Ron Paul will never address AIPAC:

    A-merican-I-sraeli P-arasites A-gainst the C-onstitution

  6. @Heath --Rothbard, too.

  7. @Heath... so you think Ron's plan won't reduce govt? BTW, Mises is dead, so he probably didn't have as much direct involvement in writing Paul's plan as the Koch's probably had in Cain's plan.

    Funny, when you question Paul, he answers as an expert. When you ask Cain, he refers your questions to an expert. Why doesn't Cain just drop out, and support his expert, since he's not the expert himself?

  8. Cainunism [keyn - yuh - niz - uhm] – noun

    1. A theory or system of economic organization based on a wildly optimistic regard for the fiscal discipline of Congress and the President. Adherence to this theory typically requires the suspension of disbelief concerning the ability of increasing the government’s power to tax, without substantive spending cuts, to actually reduce burdens on taxpayers and to produce economic recovery.

    2. The intentional use by politicians of resonant slogans which obfuscate and distract some voters from the otherwise conspicuous absence of thoughtful, realistic or realizable fiscal or monetary plans and policies.

    Cainunist [keyn - yuh - nist] - adjective

    1. Of, characterized by, favoring or relating to Cainunism; Cainunistic

    In a sentence: “Imagining that a ‘9 - 9 - 9’ percent tax ‘plan’ would not soon be 9.9 - 9.9 - 9.9, then 19 - 19 - 19, and so on, is just more magical Cainunist thinking.”

    Origin of Cainunism: term used by informed voters to describe the economic-sounding slogans that originated from the 2012 vanity presidential campaign of former Federal Reserve banker Herman Cain (1945 – )

    Synonyms for Cainunism: 1. Prevarication, 2. Deception, 2. Cozen, 3. Hucksterism, 4. Hoodwink, 5. Sales Pitch, 6. Razzle Dazzle

    Antonyms for Cainunism: 1. Common Sense, 2. Objective Reality, 3. Free Market, 4. Tax Reduction, 5. Economic Liberty, 6. Less Government, 7. Constitutionalism, 8. Ron Paul

  9. Ron Paul is announcing his plan today; it zeroes out five federal departments and cuts spending by one trillion dollars.

    It's a good start.