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To: icanhasbailout

>>> He didn’t just work at the Fed bank, he was chairman of the Federal Reserve Bank of Kansas City. You don’t get to that level if you’re not a banking insider.

That sounds pretty presumptive to me. Kansas is a pretty conservative state... and a Kansas post is hardly DC level insider status the way I see it.

>>> Also he has a devastating column he penned in 2005 that he’s going to have a hard time getting past

Ok... I just read that full article you linked... Thanks for responding with substance!

What is it about that article that Cain is going to have a hard time with? The article is about how MSM slants the news and uses scare tactics to promote democrats.


133 posted on 09/24/2011 2:38:21 PM PDT by Safrguns
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To: Safrguns
I'll quote the most pertinent part:

I wish that was all. Its not. You could write a book just on how poor the coverage has been of the alleged housing bubble. The media have been foretelling a massive bust in housing prices for months now. On May 19, ABCs Elizabeth Vargas said: The run up in housing prices is now beginning to look something like the boom in Internet stocks, and we know what happened there. That kind of ignorance makes homeowners fear that their most expensive possession could turn worthless overnight.

Oops!

Also he was a big bailout supporter (surprise) and tried to backtrack when it was clear it would be a major problem for his Prez bid.

134 posted on 09/24/2011 2:47:04 PM PDT by icanhasbailout
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