What is it about the Republican beauty contestants that they can’t tell the truth during debates? We told you after the Florida GOP debate about Texas Governor Rick Perry’s despicable lie. Now, it’s Herman Cain’s turn.
In response to a question from Congressman Ron Paul at the New Hampshire debate about Cain’s past comments that there was no need for an audit of the Federal Reserve, Cain flat out lied when he answered.
Cain said: “I do not object to the Federal Reserve being audited. I simply said if someone wants to initiate that action go right ahead. It doesn’t bother me. So, I have been misrepresented in that regard. I don’t have a problem with the Federal Reserve being audited. It simply is not my top priority.”
But as host of the Neal Boortz radio program on Dec. 29, 2010, Cain said something quite different.
“The Federal Reserve already has so many internal audits it’s ridiculous. I don’t know why people think we’re going to learn this great amount of information by auditing this Federal Reserve.”
Cain went on to say: “People who say we ought to audit the Federal Reserve because we don’t know enough about it, well, here is the advice I’ve given to people who are worried about an audit of the Federal Reserve. Call them up, and ask them. 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 of the people are calling for the audit of the Federal Reserve because they’ don’t know enough about it. There’s no hidden secrets going on in the Federal Reserve to my knowledge. And I tell people, you know, we’ve got 12 Federal Reserve banks. Find out which district you’re in, call them up and go from there. We don’t need to waste money with another commission or an audit that’s not necessary.”
If Cain really believes that you can “call them up, and ask them” and get anything resembling the truth out of the Federal Reserve, then on top of being a liar he’s far too stupid to be President. But he thinks it’s people asking about his past comments on the Federal Reserve that are stupid, as he pointed out in his new book, This Is Herman Cain.
He magnified his stupidity by claiming that Alan Greenspan — who manufactured the dotcom bubble of 2001 and the housing bubble of 2008 with his easy-money policies — was the best Fed chairman in the past 40 years.
If you are looking for a liar to occupy the White House, you should be content with the Prevaricator-In-Chief that currently lives there. President Barack Obama’s much better at it than Cain will ever be, because the mainstream media cover for Obama.
And while Cain is too stupid to recognize bad money policy and will further destroy the economy out of ignorance, you can rest assured that Obama isn’t stupid. He knows exactly what to do to destroy the economy and bring down capitalism.