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Herman Cain

September 12, 2011 by  

Herman Cain

Education: Bachelor’s degree in mathematics from Morehouse College, M.S. degree in computer science from Purdue University.

Professional: He was a (civilian employee) mathematician for the U.S. Navy; business analyst for the Coca-Cola Co.; executive at Pillsbury’s Burger King Division Chairman and CEO of Godfather’s Pizza; CEO and president of Digital Restaurant Solutions; CEO, president and later chairman of the board of the National Restaurant Association; member of the board of directors for numerous corporations; founder of T.H.E. New Voice Inc.; member of the board of directors of the Federal Reserve Bank of Kansas City 1992-1996 (and chairman 1995-1996); radio talk show host; and Baptist minister.

Family: Married with two children.

Political: While with the National Restaurant Association, lobbied against the 1993-1994 Clinton healthcare plan. Served as senior economic adviser to the Dole/Kemp Presidential campaign in 1996. Ran unsuccessfully for the Republican Presidential nomination in 2000 and the U.S. Senate in Georgia in 2004.

Age: 65

State of residence: Georgia

Campaign website: http://www.hermancain.com/h

While Cain’s tough-sounding talk and performances in debates have garnered him some attention, he continues to lag in most polls. Maybe that’s because smart conservatives recognize a RINO when they see one.

Cain has tremendous executive experience. And his rags-to-riches story is inspiring. After all, he grew up in Atlanta during the 1950s and 1960s. His father worked three low-paying jobs and his mother was a “domestic worker.” He fulfilled his parents’ dreams of graduating from college and making a better life for himself at a time of great discrimination. But he has taken positions on bailouts that should make him anathema to people who believe in a smaller, less-intrusive government.

In October 2008, Cain wrote a column in which he praised the idea of bailing out the banks through the Troubled Asset Relief Program (TARP) because, “Owning a part of the major banks in America is not a bad thing. We could make a profit while solving a problem.”

He also mocked those opposing the bailouts — in other words, those who consider themselves Tea Party members — as “free market purists” and called them economic illiterates. He wrote, “Earth to taxpayers! Owning stocks in banks is not nationalization of the banking industry. It’s trying to solve a problem.” If that’s not an insult directed specifically at Tea Partiers, I don’t know what is. Then he turns around and claims the mantle of Tea Party candidate. In 2011, Cain doubled-down on his support of TARP saying, “I don’t have any regrets.”

It’s really not surprising that he would support having the Federal Reserve printing money to bail out his bankster friends. After all, he spent four years as part of the inflation-creating, wealth-sapping Federal Reserve cabal. So it’s also not surprising that he opposes auditing the Federal Reserve. He really doesn’t want Americans learning about the insidious nature of the Fed’s contributions to banksters around the globe, all to the detriment of the people he’s begging votes from.

Cain has long been a supporter of the Fair Tax, a reform that would supposedly replace the entire tax code with a national sales tax. It would also turn every business in America into a tax collector, is regressive and would not fix the problems in Washington, D.C., but would merely make it easier for the government to raise taxes.

But rather than campaign on his past Fair Tax stand, Cain’s campaign platform says he supports tax cuts and elimination of the death tax and he opposes tax credits “with some exceptions.” He recently revealed a new 9-9-9 tax plan that is a version of a flat tax.

If you’re a member of the “anybody but Mitt Romney” crowd, Cain is not your man either. In 2008, Cain endorsed Romney for President — the same Romney who authored Romneycare in Massachusetts but is now running from it, and has flip-flopped on issues like abortion, Federal mandates, gun control and bailouts.

Cain has another problem: his mouth. He’s been known to shoot it off without knowing what he’s talking about, as in the time he quoted what he claimed “was a section in the Constitution” that was actually from the Declaration of Independence. And when he gets called on his missteps, he likes to call the reporters who quoted him “idiots.” He’s also not averse to dropping the “R” word when it suits him. He claims Jon Stewart was a racist for mocking Cain’s pledge that no bills passed under his Presidency will be longer than three pages.

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • Dan az

    The lack of post here kinda explains how far this guy is going to go.So I hope that at least there won’t be any wasted votes on this one!

  • Ariviste

    Mr. Livingston needs to study further on the Fair Tax and stop spinning on Herman Cain. As a long time resident of the Atlanta area and a long time supporter of Herman Cain, I find that Livingston has put quite a spin on Mr. Cain. He has been a victim of racism with some of the liberal media, but does not engage in racism. It is clear that Mr. Livingston has not studied the Fair Tax and does not know much about it. It would be a great way to get us out of this mess we are in with the IRS, which would be abolished. I suggest he read Congressman John Lender and Neal Boortz’s book on the Fair Tax and ask some of the followers of Herman Cain in the Atlanta area where he has long expressed his views on his conservative radio program.

  • Dan az

    I’m sorry but the fact that the fair tax is just a way for the gubmnt to increase taxes is not what I would call fair.Now the flat tax on the other hand would work and it would never increase and the gumnt would decrease.So your point is mute!

  • Jim

    It’s very clear that Bob nor Dan understand the Fair Tax or even our current taxes system. Bob says the Fair tax would make tax collectors out of every business. Wake up Bob, they already do. All the income tax business pays comes from the consumer. It’s just hidden as a cost of business. And Dan, what do you think the government does with the current tax system. They raise and lower it at their will, with tweaks for their friends. I prefer a simple tax system like the Fair or Flat taxes.

    • Dan az

      Jim
      The FairTax is a consumption tax in the form of a national retail sales tax on new goods and services. It is designed to replace “federal income taxes including, personal, estate, gift, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes.” The FairTax would also abolish the IRS and repeal the 16th Amendment.

      The elimination of the 16th Amendment, the IRS, and all those taxes sounds like a great idea that all free market economists and advocates of liberty could agree with. So if the FairTax is such a great thing, why would anyone in their right mind oppose it?I would suggest that you go here and read the truth about the fair tax and then explain to me how you think its better http://mises.org/daily/1814than the flat tax!

      • John, Illinois

        The trouble with the “FAIR TAX” is that it still requires income reporting so that the government can “refund” a certain amount to every tax payer. Simply put, it is a way for politicians to mess with the rules and rates AGAIN!!!
        A simple national sales tax, collected by the states according to the rules in place in the jurisdiction it is collected, and remitted by the states to the Feds, would eliminate the confusion and even the necessity of new rules, and would simplify the whole scheme. Dr. Walter E. Williams says that 10% is enough for the Lord, it should be enough for Ceasar.

      • Dan az

        Jim
        The flat tax isn’t much better both increase the size of the gubmnt but we can’t leave it there we need a better solution.I have reread but sides of the issue and find I don’t like either one,but like the medical fields it needs fixing.I found this on the same site that I issued you and its clear to me both are screwed.So I am not for picking the lessor of to evils at anything and need to see if there is something out there that truly is fair.Here is the other side of flat tax that not much has been published on that makes be hisitate.

      • Jim

        Dan, I do not believe you think the current tax system is better than either the fair or flat tax. Both systems have some issues but are better than what we have now. I favor starting with the flat tax. Then each year reduce the percentage that corporations pay. While that is happening we work on repealing the 16th amendment. Once it is repealed the consumption tax can be implemented. Only I would not implement the prebate, make it an exclusive tax and have the states responsible for collecting it. The tax system is not what makes government bigger, it’s the spending and the corrupt politicians. That has to be fixed now. We did not get into this mess overnight. It will take time to get out of it. Once we have spending under control and our deficit being reduced we can look at other options to fund the federal government. I do not know of any option out there that can fix this overnight.

  • Not Impressed

    I think Cain would be flexible as President which might be a good thing. His 9-9-9 plan sounds good but would it really be implemented? He does seem like a RINO to me but I would still likely vote for him if he were the Republican nominee. I don’t like his Fed connection but he seems to have learned why it is the problem and not the solution. I hope someone else gets the nomination because Cain seems a little weak.

  • Jack Victtory

    Only one running you can’t call RACIST!!

  • Bill Wright

    I would not vote for Cain because of his fed Connection,not only that but he has flip-floped on several issues.That leaves Romney,Perry,Ron paul(almost the same line up that we had last time around)Reminds me of the Three Stooges,God help the Rep,Party;its going to need it.Of course anythings better than what we got in there now.(?????)

  • http://www.r3voluti0n.com/ Jason

    Ron Paul is the only logical choice for President. Ron Paul predicted the collapse. He has been talking about auditing the Fed for over 30 years. He is the only one who is consistent and honest.

    Everyone may not agree with ALL of Ron Paul’s positions… but at least he is honest. If you elect someone else, you really don’t know what they really believe and what they will do once elected. At least you can trust Ron Paul to do what he says. He tells it like it is, even if it is unpopular and he has an incredible history of being right about pretty much everything he talks about.

    Herman Cain has been wrong about 100% of the time. He said there wouldn’t be a financial collapse. He thought there wouldn’t be a housing bubble. He said the Fed has nothing to hide and they are transparent. He said they do not need an audit. He supports the bailouts. How can anyone trust this man to run the country?

    A vote for Herman Cain is a vote for the same.

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