This morning I learned a little about the least known Republican presidential candidate, Herman Cain, who was interviewed by conservative radio talk show host Mike Gallagher. His accomplishments in the private sector are phenomenal. He was born in 1945 and grew up in Georgia in modest means. He has worked for Coca Cola, Burger King and Godfather's Pizza, the latter two of which he made profitable in areas of the country where they were failing. His political positions have all been conservative with two exceptions. He was in favor of bailing out the banks, although he disagreed with how it was done, how government picked the winners and losers. And he favors affirmative action - but not quotas. On the latter, I don't know how the two can be separated. Other than that, Cain is another first rate candidate in a strong field. He is a long shot. If he gets close, expect him to be accused of racism because of his strong views on creeping Shariaism, and expect liberals to call him an Uncle Tom or the equivalent, all this in addition to the warnings that Republicans want to throw everyone off Welfare, Medicare and Social Security.
I am surprised at how many in the media have called President Obama on his lie about secretaries being taxed at a higher rate than millionaires, and how one of his biggest cheerleaders, Warren Buffett, has been exposed in the same vein. Buffet's salary is only $100,000. He makes his billions in dividends, which are taxed twice at a cumulative rate of 40%. Curiously, his own company, Berkshire Hathaway, does not pay dividends. 50% of Americans pay no federal taxes at all. Herman Cain is for reform of the tax code.
I had another lucky day on the street. As I walked to my car I noticed a woman pulling out from the spot closest to where I usually set up shop, and on the correct side for tomorrow's alternate side regulation. And no sooner had a gentleman donated a hardcover non-fiction book on a WWII double agent than the Merry Mailwoman pounced on it and a mystery. And a Russian gentleman, a repeat customer who enjoyed my recommendations, overpaid for four thrillers. Thanks folks. And I found a dollar as I accompanied my friend Arlynn on a walk, the first time she's been out of the house in eleven days. The stress of the earthquake, hurricane and 9/11 affected her delicate neurological condition. Her son, a Coast Guard security officer in town for memorial ceremonies, made the mistake of telling her he had contingency orders in the event of an attack.
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