Cowboy's Comment on Current News - Nov 10th, 2011

Rick Perry’s Debate Debacle. Last night Governor Rick Perry (R-TX) apparently pooped in his bed when he flubbed his answer for what three government agencies he would get rid of if he were President. It’s actually pretty damn funny. Readers of this site will recognize that I’m not pushing for a Rick Perry nomination as the Republican candidate for President. I think Herman Cain and Newt Gingrich are mush better candidates, however really anyone would be a better President than the guy we have in office now,….even Joe the Plumber. The only excuse I would put forth for Perry is that he is a sitting Governor and has much more current responsibilities than anyone else on the debate stage, which greatly minimizes his preparation time. I just saying,...



Continued Attacks on Cain. This is the subject that makes my blood boil the most these past few days. About every liberal and leftist scum bag (there I go being overly redundant again) is attacking Cain on the sexual harassment allegations. These are the same losers and apologists when Clinton, Barney Frank, Anthony Weiner and other Dems were accused about sexual harassment, sexual assault and pornographic tendencies.


Some of the black commentators are fomenting racial division by claiming that the “rich, white” republicans will be furious with Herman Cain for sexual harassing a white, blonde woman. They call Cain “the Republican’s one Black friend”. Lost on at least 40% of the population,…….. mainly liberals, leftists, socialists and welfare cheats,……. is the undeniable fact that the only racists in today’s America are those liberals, leftists, socialists and welfare cheats who use racism and the threat of branding people as racists in order to validate their ideology.


Fannie Mae and Freddie Mac. Aka the stimulus money pit or the Chris Dodd-Barney Frank fleecing of America . After Fannie Mae received $112.6 Billion in stimulus money (courtesy of the taxpayers of course), made necessary for Dodd and Frank’s extensive lobbying against financial oversight of these institutions, now Fannie is asking for another $7.8 Billion in federal aid. When is the Federal Government and especially the spending addicted Democrats going figure out that throwing good money after bad is not to fix anything. And not only is it not going to fix anything, it is going to make things worse.

Tax Simplification by Newt Gingrich

I think that no matter his personal issues with multiple divorces and campaign staff reported deserting him early in the campaign, former Speaker of the House, Newt Gingrich remains one of the smartest, and most experienced Republicans candidates. He is starting to get a lot more support in the Republican primary, practically quadrupling his numbers in the last two months.  Here is what he has to say about Tax Simplification:

A significant amount of attention during this campaign has focused on simplifying the tax code. There is no question that our tax code has become a burden to the American people and must be reformed. In our 21st Century Contract With America, we address tax simplification in a way that is both bold and pragmatic. As Speaker of the House of Representatives, I led the effort to reform welfare, resulting in 66% of those on welfare getting a job or going to school. So I know what it takes to actually pass historic reforms. The 21st Century Contract With America has a tax simplification plan that I am uniquely qualified to pass through Congress. Here is the plan you have helped us develop:

All tax filers would be given the option to pay their income taxes under the current income tax provisions or choose to pay income taxes under a lower single rate of taxation of 15% or less with limited deductions.

This optional flat tax reform could save taxpayers more than an estimated $400 billion in compliance costs each year such as record keeping, paying for tax advice, and filling out complicated tax returns. This savings doesn't even account for eliminating the countless hours of aggravation and worry and the sheer complexity of tax compliance. These tax compliance savings are the functional equivalent of a permanent, pro-growth tax cut and will provide a substantial boost to our annual growth rate.

This faster, flatter, fairer tax structure would also be simple: tax returns could be done on a single page. Subtract from your income a standard deduction and deductions for charity and home ownership, multiply the result by the fixed single rate of taxation of 15% or less, and the process is over. Gone will be the stressful hours spent figuring out whether you qualify for this or that deduction. No more headaches trying to determine where estimated tax payments go. Tax preparation fees could be money spent on something more rewarding.

Such an optional flat tax system would create a new standard deduction, which would be above the established poverty level, meaning an optional flat tax would not unfairly target the poor. And because the flat tax is optional, it does not raise taxes on a single person or unfairly impact seniors or lower income workers.

Once we combine these pro-growth tax reforms with my other reform proposals for welfare reform, social security, and lower spending contained in the 21st Century Contract with America, we will experience a stunning and swift turnaround in the economy.

Elmo to Deploy to the Middle East

The U.S Government is reported deploying Elmo from Sesame Street to the Middle East to help teach Radical Islamists about tolerance. Fox News commented that this needs to be a Special Forces Elmo.

I waiting on the Government to announce a Sesame Street Special Operations Unit. Imagine the havoc a fully trained and equipped Cookie Monster could bring on terrorist camps! But knowing this administration, the unit would become a public affairs type unit, dolling out candy and dollars, while the Radical Islamists built vest bombs.