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.
http://www.michelebachmann.com/issues/americanjobsrightnow/
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.
Or
Watch the first if these 12 videos. It will take about 90 minutes, but it is worth your time to understand our money.
http://www.youtube.com/watch?v=7auQEXTWomA&feature=youtube_gdata_player
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 (1992–94) and chairman (1995–96) 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.
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