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Cain: 'American People Are Anxious for Solutions'

Does Herman Cain get your vote for President in 2012?

  • Yes

    Votes: 10 31.3%

  • No

    Votes: 11 34.4%

  • I don't know

    Votes: 10 31.3%

  • Who?

    Votes: 1 3.1%
  • Total voters
    32
Barbbtx said:
No surprise. Here's the same writer's opinion of Ron Paul.

Ron Paul 2012
He's a rabid Ron Paul supporter.
Click to expand...

I didn't link the article because of who wrote it, or what the writer said. I linked the article because of what Cain said in the quotes. Cain worked for the FED, no one who is for small government and cares about selling the future of America should take t face value, anything anyone from that organization says. Hell, throughout Greenspan's life he "promoted freemarket values" now after during and after the latest finical he said basically said oopss? Come on!
 
xpiher said:
Doesn't matter. He worked for the FED and supported TARP/stimulus/Quantitative easing. Hes all for central planning. The quotes aren't taken out of context.
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You need to show some proof of the bolded. those are out right lies you're spreading.
 
Barbbtx said:
[/B]You need to show some proof of the bolded. those are out right lies you're spreading.
Click to expand...

I'm sorry, I consider all those programs to be the same ball of fvck up. Remove the stimulus from the list. The FED was doing "Quantitative easing" like polices since its existence and while he served as a Chairman during the 90s by keeping interest rates low during the 1990s which has been attributed as one of the main causes of the housing bubble.
 
What's Paul plan to replace it. Doesn't look like an easy thing to dismantle and also doesn't look the EVIL thing you make it out to be. Since the fed is here and will be around for a while, don't you want good honest people like Herman Cain as Chairman or sitting on the board?
Federal Reserve Bank of Kansas City FRB: Press Release--FOMC statement--March 15, 2011
FRB: Current FAQs
FRB: Does the Federal Reserve ever get audited?
FRB: Is the Federal Reserve accountable to anyone?
FRB: Is the Federal Reserve aware of the challenges that I and others in my community face? Does the Federal Reserve take these issues into account when developing national policy?
Board of Governors of the Federal Reserve System
FRB: H.4.1 Release--Factors Affecting Reserve Balances, Release Dates
FRB: Z.1 Release--Flow of Funds Accounts of the United States--March 10, 2011
FRB: Statistics and Historical Data
FRB: H.15 Release--Selected Interest Rates--2011 Release Dates
Industrial Production and Capacity Utilization
 
Barbbtx said:
[/B]You need to show some proof of the bolded. those are out right lies you're spreading.
Click to expand...

While I have not always agreed with xpiher, I have never known him to lie. You made your accusation without proof to back it up. That seems bad form to me.
 
Barbbtx said:
What's Paul plan to replace it. Doesn't look like an easy thing to dismantle and also doesn't look the EVIL thing you make it out to be. Since the fed is here and will be around for a while, don't you want good honest people like Herman Cain as Chairman or sitting on the board?
Federal Reserve Bank of Kansas City FRB: Press Release--FOMC statement--March 15, 2011
FRB: Current FAQs
FRB: Does the Federal Reserve ever get audited?
FRB: Is the Federal Reserve accountable to anyone?
FRB: Is the Federal Reserve aware of the challenges that I and others in my community face? Does the Federal Reserve take these issues into account when developing national policy?
Board of Governors of the Federal Reserve System
FRB: H.4.1 Release--Factors Affecting Reserve Balances, Release Dates
FRB: Z.1 Release--Flow of Funds Accounts of the United States--March 10, 2011
FRB: Statistics and Historical Data
FRB: H.15 Release--Selected Interest Rates--2011 Release Dates
Industrial Production and Capacity Utilization
Click to expand...

You don't replace the FED with anything. You remove the FED completely and get rid of the only thing that justifies its, fractional reserve banking. The FED is the biggest market manipulation tool of the fed gov. If you believe in the power of the free market, banks will set their own interest rates and they'll rise and fall with demand for loans.
 
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