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Raising numbers out on the Iowa debate and straw poll now less than a month away we continue our 20121 on ones areas -- the Republican presidential candidate Herman Cain and mr.
Ken welcome back to FOX News Sunday.
Thanks Chris and -- to exercise my right to return to you -- I am not yeah that's very Barack.
-- you say at.
-- along with Jim Jordan congressman argues that we don't need to raise the debt ceiling that are not be a financial Armageddon but the chairman of the Federal -- does exactly the opposite he's -- -- will be a financial.
Calamity -- our our last segment were were Bill Gross that had a Pimco.
Says that it it -- could cause another market collapse like the fall of 2008 you talk about listening to the experts.
You -- to ignoring them.
That's one expert.
-- wanted to mention to my know what -- -- I'm listing to video of those who have saying that this whole thing is they charade.
Let's back up Chris.
This crisis didn't need to happen number one.
Number two now that the president have allowed this crisis to evolve.
It's -- they cannot they can hold the debt ceiling -- is.
Make the hard cuts like the congressman talk about early yet.
And then continue to re establish some confidence in what they have -- -- the problem is it's all political posturing.
They do not need to -- the debt ceiling the congressman talked about pay those things -- to -- necessary.
Paid interest on the debt -- a military or Anderson at the solicited checks that will worry but what the president and the Democrats don't wanna do.
Is that they can make the cuts all whatever is that.
In the but let's talk about whatever is left because and I mention this with the with the two congressmen.
The bipartisan policy center -- this was that an analysis done by a fellow named -- Powell who was a top treasury -- special.
Under bush 41 right he did an analysis and it found you can do that you get you have the money and you can pay the bondholders they won't go into technical default.
But what's left you're gonna have to cut other government programs -- 44%.
That's almost half so.
The argument he makes is even if you pay Medicare and Medicaid you have to choose between veterans benefits.
Or unemployment benefits military pay our clothes and the FBI and the FAA.
Builds a scare tactics Chris.
Money that we spin on non essentials what about the rockets have risen 44% of that creates that.
It may not if you going to try to do it.
Straight that you have to take program by program and find that money.
You might need to cut 60% some agencies you might need to cut -- 2%.
The safe part of sent across the bullet no that's not how you get -- the way you get that you take agency by agency by agency and look bubbles cuts and some -- -- gonna be -- -- -- Since we last talked you have put out an economic plan gifts that they -- they will.
Put America back to work and is based primarily they're other things like cutting regulations but it's make based primarily.
On lowering taxes yes and let's put that up you would lower the top individual.
And corporate tax rate to 25%.
You would have no taxes.
On capital gains let me just -- and others who you talk about -- -- -- about the -- eliminating.
Capital gains taxes would apple app one trillion dollars to our deficit over the next decade that -- if we take in the capital.
That's static analysis Chris that's what that one trillion dollars come from if you do dynamic analysis it does not it one trillion -- The capital gains tax.
Is -- wall.
Between people -- money.
And and people with ideals ideals create new businesses new businesses create.
Jobs because small businesses would produce most of them now let me make one other point about this.
The engine to -- what economic growth is the business sector.
This administration has put nothing in the engine and everything in the caboose we -- never gonna -- Until we -- all of those tax rates remove that capital gains barrier and suspend taxes on repatriated profits this is why this economy is stuck.
Installed let me ask about another aspect of this Warren Buffett had a Berkshire Hathaway likes to say.
He pays a lower tax rate than his secretary because he pays the vast majority.
Of of this money is in capital gains and he's been what 15% right while his secretary is paying -- income tax right.
What about the issue of tax fairness I mean the people we're gonna -- today benefit primarily.
If you reduce capital gains tax rate to zero.
-- wealthy people.
No it's small businesses remember small business people of our organ has a subchapter S corporations they have more of AM and that all Warren Buffett's.
I don't care about one but this tax rate and the American people don't care about warm but -- tax rate.
I care about the tax rate -- small businesses that if they eke out a profit.
In -- business it goals through that personal income and if they invested.
And they get some gain on that capital they going to be double -- That's the group that's going to be primarily affect this whole thing about want but that's that's rate is just playing the class warfare part.
This whole thing about talking about.
People -- around in court rejects is just class warfare.
I'm concerned about the nearly fifteen million people who do not have a job and they're not gonna get jobs with more government spending they're only gonna get job.
When that business sector the engine starts to grow again you've got it it's certainty.
-- what's gonna happen in the future people businessman.
And business women start to grow this economy.
You said this week that you oppose construction of a new mosque in Murfreesboro.
Tennessee which is close to Nashville -- it.
They have operated.
Muslim worshippers at another site there for more than twenty years what's your objection to their building a new mosque.
Wanna mind guiding principles Chris.
Is that if you wanna notice solution for the problem -- if you want to understand the problem go to missiles closest to the problem I talked to the people in that community.
And he is their problem and gossip -- with them.
Our constitution guarantees separation of church and state.
Islam combines church and state.
They are using the -- church part up our First Amendment.
To infuse that mosque in that community and that people in the community do not like they disagree with it.
Should real law is what they're trying to infuse into -- -- -- are -- saying that we should ban all Muslims from worshipping in this country no I did not say that I know I'm I'm I'm not saying that what I'm saying he is.
American walls in American courts that's what the people -- were saying that's what people say all Hamas doesn't -- it.
Well Chris I happen also know that it's not just about a religious mosque.
There -- all the things -- on -- home based upon talking to the people closest to the problem it's not just.
A mosque for religious purposes this is what the people are objecting to.
But but I mean that they held a couple of rallies in 2009 -- and last year to support the Palestinians including Hamas.
This is going to a county judge who says.
The people -- eat he says that they -- may be a question about the open meetings -- all right but he said that the people who were brought suit just try to stop this must haven't been hurt and that.
They have a right to build a mosque I -- my question I guess is the system at ground zero in New York City it's not hallowed ground.
Americans have a right.
Of whatever religion under the constitution which you -- so much about to free speech.
And freedom to worship to the people in -- borrow -- it is how programs they are objecting to the the intentions of trying to get for real well now that judge -- -- rule.
But this case is an -- with yet I believe it's -- -- all the way to the Supreme Court Clinton is not how program is hallowed grounds of the people -- -- work but but couldn't any.
Community then say we don't want -- a mosque in our community.
They could say that Chris let's go back to the fundamental issue that the people loss -- -- -- that they objected to.
They objected to the fact that.
Islam is both a religion.
And -- settle -- -- law.
That's the difference between in wanna allow other traditional religions what is just about religious purposes the people in the community know best and I happen to -- the people in the community is saying any community if they wanna ban -- mosque.
Yes they have the right to do that.
That's not discriminating based upon religion against them that that particular religion that is an aspect of -- building that mosque.
That doesn't get talked about and the people in the community.
Know what it is and they're talking about.
-- I wanna be that got quite a while rough but on this one as and one more question this will move on because this gets back to an earlier controversies where as you know you -- sad.
Which -- not comfortable with the idea of appointing a Muslim your cabinet.
As someone who I'm sure faced prejudice growing up yes.
In in the fifties and -- and sixties how do you respond to those who say you're doing the same thing.
I tell them -- that's absolutely not true because it is absolutely totally different.
I grew -- like you say it.
In the fifth is in the sixties I was I grew up before the civil rights movement during the civil rights movement.
And after the civil rights movement I went into corporate America when the openness to putting blacks and minorities and corporations not -- to move of the corporate -- We have some walls that -- restricting people because of that -- and because of that column only.
That's what that situation -- you willing to restrict people because of their relate -- -- unwilling to take a harder look at people that might be terrorists that's what I'm saying look I know that they have them.
-- the peaceful group of Muslims in this country.
God bless -- and they're free to worship I have no problem with that if you look at my -- I have never did discriminated against in about it because of that religion -- six.
Or deny anything like that I'm simply stand.
I owe it to the American people to be cautious because terrorism trying to kill us and so yes I'm gonna era on the side of caution rather than on -- out of careless not to.
In the last month yes forgive me for saying this it seems that Michelle Bachmann.
Has taken much of your support among Tea Party years and among social conservatives.
Let's put up the latest poll of likely Iowa caucus goers.
She leaves the field with 32% in your back of 1% in this -- Has she a clips you.
Should someone picked you over Bachmann what's the choice between you and Bachmann.
The choice is real simple.
My entire you Korea has been problems -- not politics.
That poll may not reflected.
But the numbers that we have gotten in our first report reflects that -- little bit different story secondly if you look at the latest Gallup poll in terms of positive intensity.
I leave all candidates in -- of the positive intensity secondly.
Within the last six weeks my name ID has gone from 21% to 48% -- go -- so -- vs Bachmann I mean oh are you different on the issues and he'll whip -- close on the issues.
If we have different on the fact that I have more direct hands on problem solving experience that's where we differ so I'm so -- issue -- we have very tolls.
And I boxes that people the difference is my entire Korea as a problem solve a business executive -- Pillsbury Burger King got Bob and that's the rest on fossils they.
The problem solving approach is where I have stronger credentials then.
The real literally -- -- the of again.
Let me ask your questions because you know we get to the bottom line and -- -- given your experience for years ago Sam Brownback the senator from Kansas -- finished third in the Ames straw poll.
And he felt after all is campaigning.
He had to drop out finishing third don't you have to finish at least that well in Iowa.
I believe we will finish in the top three so why -- -- it out.
Would you drop out nope not gonna drop out his why.
The the nomination process doesn't stop with the early caucuses only.
That there are a lot of of the -- on the backhanded a process that could swing it from what it starts out so no that's not necessarily going to be a determinant factor.
The biggest determinant factor.
As to whether I stay in and drop out.
Won't be -- -- finished first second third fourth is going to be the number of supporters that we are getting and what we're hearing from the people actually out there in the states.
We've run out of time I wanna plug the fact that you have a new album -- -- that is -- and -- is 99 C 96 but has been reissue is called -- Sunday.
This Sunday morning -- we're -- gonna have time to play it but I tell you how we've been listening to it at -- here in the FOX News Sunday is that it's wonderful.
What more appropriate Sunday morning there's even a song called Sunday morning that mr.
-- who want to thank you so much for coming in today it's always a pleasure to talk to user.
-- safe travels on the campaign trail and we'll see for the big Iowa debate I'll be there but.
Coming up --
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