[estrogen]

Please click below to get Herman Cain's take on TARP (can't post due to copyright restrictions):

This question was asked yesterday and his response was he believed that Tarp had to be done to save us from catostrophic economic decline. He stood by that article. What he didn't like was the way TARP was implemented. I agree.Had they done it with preferred stock rather than just handing the banks the money, we'd be in much better shape.

[Notary Sojac]

his response was he believed that Tarp had to be done to save us from catostrophic economic decline. He stood by that article.

This translates to me as "I was taken in back in 2008, and I don't want to admit it".

The boogey-man threats of "catastrophic economic decline" were just so much B.S., designed to coverup a bailout of several large investment firms, enabling them to evade the marketplace consequences of their own incompetence.

Now if Cain says, "Yes, I was wrong, and I won't let myself be fooled again", I'll consider it a strong point in his favor.