Skip to comments.Herman Cain is a former Federal Reserve...... (and Poster is Zotted Paultard Retread)
Posted on 10/11/2011 5:54:18 PM PDT by PalinCain2012
We have a problem when our supposed populist non politician front runner is a former Federal Reserve chairman. Herman Cain does have experience in the private sector, but a good portion of that private sector experience is working for the private corporation-The Federal Reserve.
Herman Cain believes that individual citizens can just call up the private corporation known as The Federal Reserve and ask them how they operate?
Who does he think we are? You cannot even step foot on the property of the Private Reserve. You can call the human relations department at the Federal Reserve and they will ignore your request.
Herman Cain says no need to audit The Federal Reserve.
Its not even a leading charge by just Ron Paul any longer.
The tide has turned, when even Gingrich sees the problem with The Federal Reserve.
Herman Cain is part of the problem. Herman Cain is damaged goods. He is an attractive candidate, but he is not the candidate that will turn this country around.
We need to understand that our monetary policy has been hijacked since 1913.
As long as a private corporation operates our monetary system and needs, we will not have sound money or a free economy for all Americans to dream or prosper.
(Excerpt) Read more at uniteandstate.com ...
I love Herman Cain. I guess I do not understand The Fed as much as I should.
I know the fed is a problem but I would think it is more a bernanke issue than a cain issue? No?
I guess I might have to seen start supporting Bachmann. Every candidate that I seem to like has major baggage.
I think you have the info re this subject.
Nothing wrong with Cain having worked for the federal reserve. Lots of people have worked for the federal reserve.
Personally I like Bachmann but have no trouble supporting Cain. Neither is perfect but neither is named Jesus either.
He was not the Chairman of the Federal Reserve. He was the Board Chair of one of the Fed’s District Banks, a position that has zero role in the setting of monetary policy.
He was not a fed chairman. I believe he was president of one of the regional banks. Not nearly the same thing.
“Every candidate that I seem to like has major baggage.”
Reagan was a Hollywood actor that as Gov signed no fault divorcee and an abortion bill.
As RUSH said today- “Not even Reagan was perfect”.
Herman Cain does have experience in the private sector, but a good portion of that private sector experience is working for the private corporation-The Federal Reserve.
Good. In fact, excellent! He knows what goes on there. We don't. It's nice to have him on our side, because they won't be able to pull the wool over his eyes - or ours!
I do think he quit the reserve because he did not see eye to eye with the rest of the board.
Can you memo such easily found/obtained information to KometIdiot, cause apparently, he had a difficult time finding and/or revealing such... =.=
You need to read the thread on here about not writing about things you don’t know about.
He was not on the Board of Goveners and was not involved in setting monetary policy. The Federal Reserve Banks provide financial services to depository institutions including banks, credit unions, and savings and loans, much like those that banks provide for their customers. These services include collecting checks, electronically transferring funds and distributing and receiving cash and coin.
SO SCARY! BOOOO!
BTW you can support more than one candidate. I do.
Personally I think a combination of Cain’s 9-9-9 plan with Bachmann’s spending cuts would be a real winner.
The Federal Reserve Bank of Kansas City is not the same as the Fed.
Frankly, though, even if he’d worked for the Fed, I’d say that’s good experience, not a liability.
The Federal Reserve is a cartel of private banks. Read The Creature From Jekyll Island. It lays out how the system works. What you need to know is that if a group controls the money, they control the government.
Watch the first if these 12 videos. It will take about 90 minutes, but it is worth your time to understand our money.
I do not think bachmann should continue her federal tax lawyer stuff. Sure it gives her the inside baseball approach but I do no respect the IRS.
Kansas City Fed???
The author of the article is clueless about the difference between the the Chairman of the Federal Reserve (which Cain was not) and a Chairman of a regional bank (which he was). The difference is as great as the difference between the Federal Reserve and Fed Ex.
“You cannot even step foot on the property of the Private Reserve.”
Says who? I’ve been in Federal Reserve facilities a number of times. They do have the strictest security I’ve encountered, but they are also some of the nicest security people I’ve dealt with.
According to wikipedia “Cain a former deputy chairman (199294) and chairman (199596) of the board of directors of the Federal Reserve Bank of Kansas City.”
He was a chairman of the board of directors in kansas city.
I am not terrified of The Fed. But I did like Gingrich’s pov tonight. If they are part of the problem then we need to remove it. Right?
Why post a hit piece with almost no relation to reality?
/a Palinista who supports any GOP candidate but Romney (and Paul, but he’s irrelevant)
I wonder if Herman Cain supports regular external audits of the Fed? That would tell you something right there.
A lot of our newer posters seem to have a tendency toward some pretty schizophrenic posting.
“Herman Cain is a former Federal Reserver Chairman and is too damaged to be Our Nominee.”
Right. I would much rather vote for obama. /s
He has been in the belly of the beast. He knows what the issues are.
Noone is saying we should vote for obama.
We need to get the top nominee in place. I chose palin and lost. Cain is my backup but I see him getting beatings because he is leading.
Romney I will not vote for, and neither will I vote for Perry.
I am not excited by Bachman but I like her better than anyone left.
I kind of like gingrich and santorum.
Instead we need a RINO like Mitt to be our nominee. Another McLame. Cain should not be our nominee because he is a true conservative and he doesn’t have any political experience. We need a typical politician who will say one thing to us the voter and do another when he gets into office.
The people that wrote this obviously have no understanding of the Federal Reserve.
Yes, there are huge problems with the Fed and what they’re doing to our currency and economy.
But Cain was never part of the cabal inside the Fed that is the root of the problem. The NY Fed is the real problem here, and the guy who is the most recent problem child of the NY Fed is currently the US Treasury Secretary.
The other problem is the academic who is currently the Chairman of the Fed, Ben Bernanke.
Sorry Ron, you got thwapped.
I want someone who knows the inner workings of the FED and will stop it.
According to what I just heard Cain say, much of this post is not correct.
Where did you dig up this freelance bozo? What made you give him credibility?
Well at least he doesn’t worship at the altar of St. Saul of Alinsky like the current Pied Piper in Chief. Your Herman Cain controversy is nothing more than a tempest in a tea pot.
My first real job was with the Federal Reserve.
you posted this gqarbage with incorrect info to trash Cain?
I haven’t listened to Rush in years. Is he backing Cain now or still Romney?
I saw Cain talk about this issue a half a year ago.....nothing he said bothered me a bit....and it wasn’t The Federal Reserve, it was one of the district ones he worked at and so he saw the abuses and understands the system....I think it is a good thing.
I did not trash cain I asked for some clarification. I sent $120 to cain.
I however do believe the federal reserve has problems. Do I understand them? No? That is why I asked.
I always find it funny when someone says “I like a candidate but....” then posts from some really poorly cited, inaccurate source. Hmmmmm seems like a habit for you.
I’m sick of people raggin on Cain all the time about his one year stint with the Federal Reserve of Kansas City 15 years ago.
Who cares? I pumped gas once 15 years ago and somehow managed to evade accusations of being ‘big oil’.
Another Paulbot heard from.
Being in charge of a regional Federal Reserve has about as much to do with the NY Fed that sets monetary policy as Federal Express does.
Herman Cain is for sound money. This is 180 degrees from the Bernanke approach.
>>Every candidate that I seem to like has major baggage.
In this day and age, any American who has accomplished enough to be a serious contender for POTUS will have some baggage. Some baggage is going to be a private matter and some will be professional. We will let Cain’s role at a Federal Reserve Bank derail his candidacy because he has not led a perfect life and then we’ll wind up with Romney, the only GOP candidate endorsed by the three big networks and by the corporate/socialist Republican Party Establishment. He will go up against the most evil and dangerous occupant of the White House and lose because we won’t be very enthusiastic about our choice of third-world communism vs European-style socialism.
You know what is also funny, this article was posted at 7:44 on the source you posted from and you posted it here at 7:54 according to post time, but everyone knows that FR’s clock is about 8 minutes off.. so somehow you discovered this article just a few minutes after it was written at the source. Wow, what an amazing coincidence, especially considering the author only shows one subscriber.
You know what is also funny. The only other article posted by this author was also trashing Cain and you happened to just stumble upon it and post it here within a few minutes of that article being written as well.
Wow, with odds like that, you should play the lottery.
LOL...That’s what my husband said!
Retread PalinCain2012 aka RonPaulPittsburgh, reagangoldfish, et al, zotted.
That was fast, and typical of a Paultard to come in with a deceptive premise and screen-name.
I was not impressed with a lot of Cain’s rhetoric tonight. And I’m frankly tired of hearing about the overly simplistic 9-9-9 plan.
The debate evolved into a Romney showcase and I’m not happy about that either. Perry did fine tonight when given a chance to speak. Huntsman was still awful and Newt was still smarter by half than anyone else.
There is a lot we do not know about Cain and his positions. He needs to vet him more closely. A rousing speech and good debater doesn’t get it.
Herman Cain is not Romney, Huntsman, Gingrich or Paul, which is enough qualification for me.
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