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Herman Cain on the Hot Seat

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    GOP presidential hopeful gives his take on the thwarted terror plot, the ailing economy and why his '9-9-9' plan is the remedy

  • Duration 7:05
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News breaking a crisis the kind that a president cannot plan for.

-- -- the US says was hatched by Iran to -- and a Saudi ambassador here in the United States and the -- at least two embassies here in Washington.

Right now the FBI is hunting for another suspect we don't know the suspects planned or his capabilities.

If mr.

Herman Cain where president tonight.

He joins -- some New -- Good evening sir -- I -- be heard the introduction but I'm wondering if what you would do tonight if you're president and -- the terrorism plot.

-- was -- today but apparently leads to the top of the running government what would you do this there.

I would have done something fairly assessed that it probably would -- have encouraged them not to do something like this -- and that is.

One of the great capability is that we have is -- ballistic missile defense system that can be upgraded and we go place these aegis ballistic missile defense system.

In in a national water and that part of the world.

The only thing that they ran understands.

Is our military capability.

But unfortunately.

They believe that they could do something like they did today and that this nation is not going to react because they see this president have a weak president.

They would not see me as the week president and I would -- some strong signals that let them know that we will be prepared to take whatever action we need to take.

And if there -- headed off of the past of that they wouldn't they wouldn't do that.

But assume undermined mind of my apathetic public session the situation today where it is now actually happened to where at least we're being told by that by administration that -- -- -- -- They -- and they now.

Have at least we're told that they tried to they've hatched the plot -- assassination here on our soil but that a democratic congressman -- -- coming out pretty tough senator Mark Kirk also pretty -- And you've got the situation word Iran is still as hungry for nuclear weapons -- Secretary of state Hillary Clinton -- -- does she want stay ratchet up the sanctions but.

What we do you the president and this -- -- for better for worse potential crisis.

-- -- -- -- A mall fought -- sanctions but that's not alone not I'm not gonna do it.

We have got this show them our capability.

And wanted to capabilities that this president is not maximizing.

Is the use of these ballistic missiles and aegis warship that we have we have a great -- of of that and we will not flexing our muscle.

The biggest problem Greta is that.

They ran and a lot of other countries see this president -- -- week president.

This is why they continued to challenge us and I think.

Because they see him as a weak president is why they basically have their fingerprints on this whole plot that thankfully was broken up today.

Right -- 200 domestic issue at a housing prices country you know that I know that we all know that all these homes are under water.

What would you do.

The thing that we do Greta is we must first grow this economy.

They can talk about cutting all they want to but until we grow this economy and we get this GDP growing we -- not gonna -- -- -- in of these problems.

We've got fourteen million people out of work we've got several more million people that are underemployed they grow an economy.

This is why and I know this is gonna surprise you I'll poke holes in -- bold 999 plan.

It will get America back to work why we've had it dynamic in the school it.

It will calls this GDP to grow at about 5% -- -- it's gonna put six million jobs create six million jobs and the biggest thing that it does Greta.

It creates certain did for the business community when I served on corporate boards for the last twenty years.

We didn't sit around a corporate board room talking about how we gonna -- steal -- how we have laws of that we talked about role.

Then the last three years businesses have been talking about -- back with a bold plan like the one that I -- polls.

Businesses.

Will start to talk about growing up in the other thing that the -- -- plan what do.

It will level the playing field between our products -- here and the rest of the world had to make travel products much more competitive.

I let me ask -- question is and know what's very attractive to many senate 999 it lowers income tax rate of many -- and -- and -- to is that He would be paying your seven point five fight goes so it's not like -- -- that on top of the night it's 999 is understand it.

It it seems to me though that -- even someone who might be willing to embrace your constantly -- your idea.

Is that there is sexy.

Dis trust congress and you did you create a new tax and national sales tax MO of course scared to death that congress an eerie you know -- even not constant Bachmann that -- -- clobbered a little bit about that tonight about the fact they give that -- congress.

And -- 999 this year but it's 9159.

Next year.

That's the different between someone like me who's not afraid to lead.

999.

Is going to pass when I'm elected president and as president.

I'm not going to signed legislation that's going to raise that number and secondly.

The reason they are afraid.

That the number might get pushed up.

It's because -- politicians because they are not serious about cutting expenses.

I'm serious about cutting expenses and -- in DC so we got did we got the economy growing.

Which I believe it will what that plan because as -- and we got expenses coming down that's the common nation and we won't be -- We don't need to raise taxes Greta this is this was wrong we'll watch that NBC.

We've got spending on steroids and -- word about how we gonna -- -- continued to.

Raise more taxes we don't need to do that -- -- economy and cut the spending.

That's what I would do as president.

Are necessary random questions -- -- and ask -- of view it's just a left -- -- -- -- I'm curious.

If anything said tonight by any -- the other candidates set surprise to Aurora caught you off guard anything unusual but it impressed you anything at all.

I was.

Not surprised.

That my 999 plan was going to be attacked so much and here's why.

My plan is only one that works on the right problem.

We -- -- the current tax code and we have -- something that's simpler fairer.

Transparent and revenue neutral.

What did surprise me was when governor Romney say it.

Simple solution is don't worry essentially because He has a very complicated plans.

That tries to basically cover the waterfront.

But all we basically -- relative to the tax base He throws out one -- a little -- and brings in another subtle little -- that's what politicians do.

I'm a businessman problem solve.

I'll solve the problem and I believe that that's why is resonated with people other than that.

I think much of it movement many of the other comments that were made tonight we're not that big -- -- -- Mr.

-- thank you sir and -- helping combat Israel on race thank you sir.

It's my -- -- thank you Greta.