Thursday, May 5, 2011

Why Hermain Cain DOES NOT put a thrill up my leg!!!

Herman Cain endorsed the TARP bailout. He called it the "recovery plan" on his radio show. Cain wrote that nationalizing banks “is not a bad thing.” He even criticized opponents of the bailout, calling us all “free market purists” while claiming that no valid criticism had been brought forward of the extraordinary intervention in the economy.

Does this sound like a man who will really shake up the system Obama has put into place?

Here is Hermain Cain (Previously a FED Reserve Bank Chairman) on Auditing the FED.

The Federal Reserve already has so many audits, it’s ridiculous. I don’t know why people think we’re gonna learn this great amount of information by auditing the Federal Reserve. Now, I no longer serve on the board of the Federal Reserve. I’m not being defensive of the Federal Reserve; in fact, some of the policies and some of the actions of the Federal Reserve, I don’t agree with because the attitude and the non-politization in the 90’s when I served is totally different than what’s going on today. But that’s another matter.

But people who say, “we outta audit the Federal Reserve because we don’t know enough about it.” Well, here’s the advice I’ve given to people who ared worried about an audit of the Federal Reserve; call ‘em up, and ask ‘em if you can stop by and have one of their PR people or one of their Public Relations people explain to you how the Federal Reserve operates.

I think a lot people are calling for this audit fo the Federal Reserve because they don’t know enough about it. There’s no secrets going on in the Federal Reserve, to my knowledge. And I tell people, we’ve got 12 Federal Reserve banks, find out which district you’re in, call ‘em up and go from there.

We don’t need to waste money with another commission, or an audit that’s not necessary, because, folks, we’ve gotta lot of other problems we need to worry about.

Of course Mr. Cain then flipped on this when he decided to run for POTUS. He then gave credit to Ron Paul for his fight against the FED.

Which Hermain Cain do we believe? The pre-presidential running Cain or the Post-presidential running Cain?



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