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Herman Cain linked with Aquila which collapsed Enron style
Atlanta Post ^

Posted on 10/10/2011 10:42:09 AM PDT by Maneesh

Herman Cain isn’t as laughable as I originally affronted. He has been making the media rounds and impressing a few people along the way, even earning himself a flock of supporters. After a recent Fox News presidential debate, a focus group overwhelmingly declared the black Republican and former CEO of Godfather’s Pizza victorious. So now that Cain has proven his candidacy as one to be take notice of (but can you blame us for brushing him off at first? Most of president Obama’s would-be contenders were just laughable.), it is only natural that the serious smears of campaign season would arise against him. First up: A business scandal that so closely mirrors the travesty at Enron, it warranted this headline from Mother Jones Magazine: “Herman Cain’s Enron-esque Disaster: The Story the GOP presidential candidate won’t tell you about his years in corporate America.” If our skepticism of him before was baseless, it certainly isn’t now. “Cain clearly believes that his pro-business message is what GOP voters want to hear. So much so, in fact, that on Saturday he officially unveiled his candidacy for the 2012 GOP nomination. But scrubbed from Cain’s official story is his long tenure as a director at a Midwest energy corporation named Aquila that, like the infamous Enron Corporation, recklessly drove into the wild west of energy trading and speculation – and ultimately screwed its employees out of tens of millions of dollars,” Mother Jones reports. According to a massive class action lawsuit against Aquila’s board of directors – including Cain – he allegedly steered employees into heavily investing their retirement savings in company stock, while at the same time shifting their business model from straightforward energy generation to risky energy trading – the kind of corporate greed that infamously brought down Enron, Mother Jones reports. In the suit, it claims that Cain and other top officials violated a 37-year-old federal law that requires employers to responsibly manage the retirement programs for their employees. Their pensions and life savings were lost. Thus far, Cain has been running as the pro-business candidate who successfully turned around the failing Godfather’s Pizza franchise after working in the corporate offices of the Pillsbury Company. His lack of political experience is always countered by touting his decades’ worth of success in business. Positions at Godfather’s, Pillsbury and his post as chairman of the Federal Reserve Bank of Kansas City are listed as part of his official campaign biography. His part in the major downfall of Aquila – where he was on the board of directors for much of the 1990s and early 2000s – is nowhere to be found. Yes, it is expected for a candidate to try and hide his skeletons, but he should also expect to eventually be exposed. Herman Cain, you are exposed.


TOPICS:
KEYWORDS: aquila; herekitty; hermancain; motherjones; vettingcain
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To: Maneesh

Mother Jones? I thought she was a bias twister of the truth? IF true this is bad...but better sourcing to ferrett the truth out on this would give it us a better handle on it.


61 posted on 10/10/2011 11:03:46 AM PDT by shield (Rev 2:9 Woe unto those who say they are Judahites and are not, but are of the syna GOG ue of Satan.)
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To: muawiyah

“Trust me, the force of racial prejudice among the MSM is strong”

I’m still trying to grasp this view due to the fact the MSM gave Obama a free ride.


62 posted on 10/10/2011 11:04:17 AM PDT by independent in tx
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To: Maneesh

I heard that Cain routinely goes through the express lane with too many items, also.


63 posted on 10/10/2011 11:04:25 AM PDT by Tolerance Sucks Rocks (It's the Tea Party's fault!)
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To: muawiyah

“Trust me, the force of racial prejudice among the MSM is strong”

I’m still trying to grasp this view due to the fact the MSM gave Obama a free ride.


64 posted on 10/10/2011 11:04:34 AM PDT by independent in tx
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To: Maneesh
So it is better for our side to be educated and aware of the issue rather than ignore it.

Any "education" that comes via Mother Jones isn't "education." It's leftist propaganda.

65 posted on 10/10/2011 11:04:45 AM PDT by ScottinVA (With "successes" like the Libya adventure, who needs failure?)
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To: Tex-Con-Man

So did you read the other articles at this website?

So you think this article disqualifies Cain? If you think that, then the dozens of articles at this same website about “Perry the Racist” must also disqualify him then.

Read post 10 of this thread for the link to the proof this is a nonsense Leftist smear.


66 posted on 10/10/2011 11:04:48 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: ScottinVA

Like Holder doesn’t know about F&F.

Yeah RIIIIIGHT.

Then why isn’t herm mentioning AQUILA?


67 posted on 10/10/2011 11:04:53 AM PDT by marty60
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To: DRey

“Dang, and I thought he was “the one.”

No you didn’t.


68 posted on 10/10/2011 11:05:05 AM PDT by Grunthor (Heartless Bigot for Cain.)
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To: Maneesh

This may be the Romney-Left in coordination. Or, it may be found interesting that the small Cain campaign has been virtually silent on this potential blot to his record, failing utterly at RULE NUMBER ONE; to get the bad stuff out there early. Does he even have a damage control team, because he can NOT answer attacks on all fronts similtaneously, and also sell books part time. War is here and he is in it now, btw. But then, he hasn’t ever actually asked for our vote, he’s simply running a fabulous retail campaign for his book.


69 posted on 10/10/2011 11:05:11 AM PDT by RitaOK (TEXAS. It's EXHIBIT A for Rick, who needs to pound the fiction flackers back into the Stone Age.)
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To: Maneesh
Some Freepers are just like leftists in their knee jerk responses.

Listen, moron, READ YOUR OWN THREAD.

Post 10 clearly refutes this story. As do other posts. Had you bothered to take five minutes to check this story before posting it, you could have come to the same conclusion on your own. So that begs the question - just what are YOUR motives in posting it?

And if the source is Mother Jones, it needs secondary, independent validation. That is not being knee-jerk. That is being wise to the ways of the left. Apparently you are not. Or don't care to be.

70 posted on 10/10/2011 11:05:47 AM PDT by dirtboy
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To: DRey

So tell us since you think that the Alanta Post story about Herman is true are the stories at the same site about Perry being a racist true?


71 posted on 10/10/2011 11:05:54 AM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Maneesh

I’m actually glad you posted this because of the old legal axiom that in court you never ask a witness a question if you don’t know what the answer is going to be.

Of course, seeing “Mother Jones” immediately raised a red flag, but I think it’s useful for Freepers who weren’t aware of this accusation to learn about it so that they can also learn about why it’s baseless and irrelevant, and won’t be blindsided when it comes up more prominently in the media and/or in discussions with people.

Forewarned is forearmed, and a good forearm is necessary to properly clothesline your opponent.


72 posted on 10/10/2011 11:06:05 AM PDT by william clark (Ecclesiastes 10:2)
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To: justsaynomore

bump 10 again

… folks are completely missing that Cain was dropped from this suit as having nothing to do with this. Move On has more credibility than Mother Jones if that clarifies things.
73 posted on 10/10/2011 11:06:20 AM PDT by mnehring
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To: Maneesh
...Mother Jones reports.

Well there's an unbiased source. </sarcasm>

74 posted on 10/10/2011 11:06:53 AM PDT by SoJoCo
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To: marty60
Well well, CaIn has quite a history of screwing employees and hiding relevant information about his past.

And you have quite a history of pulling your Cain attack talking points right out of your ass.

75 posted on 10/10/2011 11:07:12 AM PDT by dirtboy
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To: RitaOK

So did you read the other articles at this website?

So you think this article disqualifies Cain? If you think that, then the dozens of articles at this same website about “Perry the Racist” must also disqualify him then.

Read post 10 of this thread for the link to the proof this is a nonsense Leftist smear.


76 posted on 10/10/2011 11:07:12 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: marty60; All

There’s crap. There’s full of crap. Then there’s marty60.


77 posted on 10/10/2011 11:07:44 AM PDT by Grunthor (Heartless Bigot for Cain.)
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To: PSYCHO-FREEP

Waaaaahhhhh! Shoud we roll a Waaaahmbulance for you?


78 posted on 10/10/2011 11:08:00 AM PDT by samantha (Sarah is our TEAple. leader for America the Beautiful...)
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To: marty60

So did you read the other articles at this website?

So you think this article disqualifies Cain? If you think that, then the dozens of articles at this same website about “Perry the Racist” must also disqualify him then.

Read post 10 of this thread for the link to the proof this is a nonsense Leftist smear

So don’t make yourself any more of a laughing stock around here then you all ready are Marty.


79 posted on 10/10/2011 11:08:11 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: shield

So did you read the other articles at this website?

So you think this article disqualifies Cain? If you think that, then the dozens of articles at this same website about “Perry the Racist” must also disqualify him then.

Read post 10 of this thread for the link to the proof this is a nonsense Leftist smear


80 posted on 10/10/2011 11:08:52 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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