Another blatant example of false narrative building by the Romney McPerry-bots.
Cain’s position during 2008 presidential election;
In 2008, Cain initially praised Democratic candidate Barack Obama, saying of Obama that “His gift is the gift of oratory. That’s not just the ability to speak, but the ability to connect with people.” He also said that he would consider supporting Obama “under the right circumstances” but only if he made a serious attempt to “reach across the aisle”. Eventually, Cain instead endorsed Mitt Romney in the Republican primary. [
Cain on Bank bailouts, and “too big to fail”;
Cain supported the Troubled Asset Relief Program (TARP) bank bailouts as a way to revive the economy, viewing it as an investment opportunity for the taxpayers. In a 2008 editorial, Cain wrote, “Owning a part of the major banks in America is not a bad thing. We could make a profit while solving a problem.”[1]
In May 2011, regarding his TARP support, Cain said, “I dont have any regrets . . . I studied the situation. I didnt have trouble with the idea; I had trouble with its implementation, picking winners and losers.”[2]
In October 2011, Cain said he does not believe in the concept of “too big to fail” and has stated that he did not agree with the bailouts of “JP Morgan and the big banks on Wall Street”.
Cain on Affirmative action;
Cain supports ensuring that minorities receive the same opportunities as non-minorities. He does not agree with a “quota” style affirmative action system, which he believes gives an advantage to minorities simply because they are a minority
Right, “false narrative building” that happens to be on the record........(Nice try though, your rhetoric has not changed one bit.)