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Herman Cain Bets On Main Street
Townhall Finance ^ | 4/13/11 | John Ransom

Posted on 04/13/2011 7:26:28 AM PDT by justsaynomore

If some think that Donald Trump and Mitt Romney best represent the hopes of Wall Street for America, some think that if Herman Cain is elected president he will best represent the interests of Main Street.

Cain is the host of “The Herman Cain Show” broadcast out of Atlanta, although he’s taken a hiatus from the show as he explores a run for the White House.

Cain is also a retired C-level executive who’s worked for Pillsbury, Coca-Cola, Burger King and Godfather’s Pizza. He’s known as a hands-on manager, who is not afraid to get into the details of business. In fact, he’s always insisted in learning whatever business he’s working for from the ground up.

While Cain is not a candidate for president yet- he’s still in the exploratory stage- Cain already has a program that he thinks can put Americans back to work while getting rid of the reckless and wasteful spending in Washington. In doing so, Cain hopes to start a revival of American business that will bring to Main Street real, high-paying jobs.

“The current administration’s hostility towards the job creators of America, from small businesses to our biggest corporations,” Cain told Townhall Finance, “is based on the fact that only 7 percent of President Obama’s administration has ever held a job in the private sector.”

The results have skewed America government ideologically, which has become fundamentally hostile to business. The result is that taxpayers and middle-Americans get squeezed in both their paychecks and their wallets.

“Their agenda and its resulting legislation has created higher taxes, more regulation,” says Cain about the Obama progressives, “and more uncertainty that hinders job growth and economic recovery.”

Cain says he would use smarter tax policies, establish accountability in government and lower the regulatory burden that kills job creation in the U.S in order to lead an American renaissance.

For example, federal tax law penalizes U.S. companies that decide to bring overseas profits back to the U.S.

As the Wall Street Journal pointed out last fall: “This means that U.S. companies can, without significant consequence, use their foreign earnings to invest in any country in the world—except here.”


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: cain; economy; hermancain; mainstreet; regulations

1 posted on 04/13/2011 7:26:32 AM PDT by justsaynomore
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To: justsaynomore
C-level executive???

For pity's sake, the guy was CEO of Godfather's AND the National Restaurant Association, working his way up from the bottom, and they make himself sound like some affirmative action hire in middle management!

2 posted on 04/13/2011 7:29:46 AM PDT by dangus
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To: dangus

LOL, that was my first thought too. Apparently “C-level executive” is slang for the highest-level executive.


3 posted on 04/13/2011 7:33:58 AM PDT by justsaynomore ("We cannot fight a war being 'politically correct'." - Herman Cain)
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To: justsaynomore

I hope this man gains traction. He’s, by far, one of the most attractive candidates to me. If Sarah were to decline running and throw her support to Herman Cain, he’d shoot to the top of the polls overnight and Team Romney would go into hyper-attack mode (much like they did to Sarah and are doing to The Donald).


4 posted on 04/13/2011 7:36:56 AM PDT by Buckeye Battle Cry (Terrorism in nothing more than Kinetic Islam)
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To: dangus

Any assistant to the assistant to the associate C-level executive is still a person MORE experienced and qualified than “O”!!


5 posted on 04/13/2011 7:54:06 AM PDT by SMARTY (Conforming to non-conformity is conforming just the same.)
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To: dangus

Small correction. Herman Cain “owned” Godfather’s Pizza. I would not call that C level executive. Talk about getting it wrong!! Shame on Townhall.


6 posted on 04/13/2011 8:08:28 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Georgia Girl 2

To be precise, after becoming CEO of the subsidiary unit, he led a group of investors to buy out Godfather’s pizza; having done so, they made him CEO. He owned a stake, but nowhere near a legally controlling stake; the control he kept through the support of other stakeholders.


7 posted on 04/13/2011 8:41:43 AM PDT by dangus
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To: justsaynomore

“Main street?” LOL! Main street’s about to croak for lack of government revenues. Their main customers are government income and corporate-government recipients. Sustainable revenues come from manufacturing, and that’s still declining.


8 posted on 04/13/2011 11:15:34 AM PDT by familyop ("Nice girl, but about as sharp as a sack of wet mice." --Foghorn Leghorn)
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