This Week In Quotes: Oct 7 – Oct 13

14 Oct, 2011 by John Hawkins

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You can demonstrate all you want on Wall Street. The problem is 1600 Pennsylvania Avenue! — Herman Cain

‘[Obama’s] never been a part of the black experience in America.’ — Herman Cain

I don’t believe racism, in this country t oday, holds anybody back in a big way. Is there some, are there some elements of racism? Yes. — Herman Cain

I have seen blacks in middle management move up to top management of some of the biggest corporations in America. They—they were’t held back because of racism. No. People sometimes hold themselves back, because they want to use racism as an excuse for them not being able to achieve what they want to achieve. — Herman Cain

Fifty percent of the unborn babies that are being aborted are females. So the misogyny comes from those that promote the killing of unborn babies. That’s where the misogyny comes in, Madame Speaker. — Rep. Virginia Foxx

TARP was a bad idea. We did not “save the free market by abandoning free market principles.” We simply abandoned free market principles….Anyone who supports TARP must stop fooling themselves into believing that the problem was the implementation. The problem was the idea. And for all the heat that some get on that stage for “crony capitalism,” it’s hard to look past the support of giving almost $1 trillion dollars to the banking industry and say that it doesn’t encourage the same cronyism. — Ben Howe

I support what [Obama] does. Clearly, Republicans are not going to be for it but if the administration can handle administratively what can be done, we should pursue it. And if there are extra-constitutional opportunities that allow the president administratively to put the people to work, he should pursue every single one of them. — Jesse Jackson Jr.

Obama’s most coveted tax hike – an extra 3 to 4.6 percent for millionaires and billionaires (weirdly defined as individuals making more than $200,000) – would have reduced last year’s deficit (at the very most) from $1.29 trillion to $1.21 trillion. Nearly a rounding error. The oil-drilling breaks cover less than half a day’s federal spending. You could collect Obama’s favorite tax loophole – depreciation for corporate jets – for 100 years and it wouldn’t cover one month of Medicare, whose insolvency is a function of increased longevity, expensive new technology and wasteful defensive medicine caused by an insane malpractice system. — Charles Krauthammer

And here’s more silliness. The White House and Senate Democrats want a 5.6 percent surtax on millionaires, which is supposed to pay for the entire stimulus package. And don’t forget: The Obama budget would raise the Bush tax rates for people making over $200,000, while the Obamacare budget would substantially increase payroll taxes that apply to investors. On top of that, the Obama budget would lower the value of numerous personal deductions. So the top personal tax rate would move to nearly 50 percent under the Obama plan. Now do the incentive math. At a 50 percent tax rate, successful earners, investors, and small-business owners would keep only 50 cents on the extra dollar earned. — Larry Kudlow

Romney is not a conservative. He’s not, folks. You can argue with me all day long on that, but he isn’t. — Rush Limbaugh

Denying racism is the new racism. — Bill Maher

When the Republicans vote for this bill today, they will be voting to say that women can die on the floor and health care providers do not have to intervene if this bill is passed. It’s just appalling. — Nancy Pelosi