C compiler cannot create executables

Uhm, that's a new one i haven't seen before. I doubt that your compiler is borked (i doubt even Apple would be so bold as to break the compiler just to keep up their walled garden), but just to make sure, write a file "hello.c":

#include <stdio.h>
int main() {
   printf("Hello, World!\n");
   return 0;
}
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Then compile it with mininal arguments and execute it:

$ cc -o hello hello.c
$ ./hello
Hello, World!
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If that works, you could try with the whole kaboodle of flags that the compile script thinks it should use:

$ cc -fno-common -DPERL_DARWIN -mmacosx-version-min=14.4 -DNO_POSIX_20
+08_LOCALE -fno-strict-aliasing -pipe -fstack-protector-strong -I/usr/
+local/include   -fno-common -DPERL_DARWIN -mmacosx-version-min=14.4 -
+DNO_POSIX_2008_LOCALE -fno-strict-aliasing -pipe -fstack-protector-st
+rong -I/usr/local/include  -mmacosx-version-min=14.4 -fstack-protecto
+r-strong -L/usr/local/lib -o hello hello.c

$ ./hello
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Does this also work or do you get any errors?