Cain always indicates he supported what Greenspan did in the early 90's. That is not when the credit bubble was created. In the early 90's Greenspans policy was to set interest rates on the basis of commodity prices. It was sound policy at the time and he should have stuck with it.
Cain supported Tarp as it was proposed, federal backing of toxic paper with the paper holders paying a premium to develop an insurance base. It was later that it transformed into a federal give away. Supporting the original proposal does not mean supporting the ghastly mess it became.
The devil is always in the details.
I wish there were a way to find out WHY a candidate wants to be president.
Of the two most viable GOP candidates:
I suspect that Romney wants to be president they same way a team wants to win a championship. It’s a destination, a goal, a prize, not a beginning.
My impression is that Cain wants to be president because he honestly believes he can put things right.
Huge difference. That said, I’ll be shocked if Romney isn’t the nominee.
I won’t be holding my nose and voting for a big government liberal Republican this time. When the only choice is between a fast or a slow handbasket, I’m opting out and letting the handbasket go as it will, and preparing for the end.
I heard Paul on CNBC today, and his interview is available here: http://video.cnbc.com/gallery/?video=3000051786
I thought he did an excellent job, and while I think his foreign policy is whacko, his domestic proposals, such as closing about five cabinet departments, make more sense than anyone else’s. And, we need to right our own ship, or we won’t be able to afford to defend ourselves, or anyone else.
However, I don’t think he can get the nomination, and if he did, I don’t think he would win, but I maybe underestimating the American people. I’d love to be proven wrong there. That said, Santorum, Cain, or Bachmann would be acceptible. Romney, Gingrich and Perry would even get through my nose clip. So, if they are nominated, I’m staying home this time. My nose is sore from being clipped while going into the polling place to vote for Republican big government liberals.
I have held my nose every 4 years since Reagan. I keep voting for the Hold your Nose Candidate though because the alternative is so much worse. In 2012, I would vote for Mickey Mouse if he could beat Obama.
Hey, Michelle: Why not look beyond the so-called “front-runners”? I mean you have credence with most Republicans, so just come on out and endorse somebody. They’ll listen to you.
bttt
Based on the headline, I was going to disparage this writing. But then I saw it was written by Ms. Malkin. Disagree with arguably the best Conservative mind around? I can’t, and I won’t.
I have a plan to win the 2012 election.
I am going to legally change my name to “None of the Above.”
Thomas Newton