Herman Cain Supported the TARP Bailouts

Herman Cain supported the Big Banker Bailouts and chided those who believe in Free Market Economics... in his own words:
http://004eeb5.netsolhost.com/hc133.htm
I politely attempted to question Herman Cain on his support of the TARP Bailout and tried to obtain his opinion on the fact that billions of American Tax Payer Dollars went to Foreign Banks... As a Tea Party member who is deciding on who I should support for the Republican Primary I was shocked to hear him say "That's too long of a question to answer" Mr. Cain seems very protective of the Federal Reserve and their secretive financial transactions.. He has lost my vote...
Which Banks borrowed billions/trillions from the Fed during the Financial Crisis?
http://www.youtube.com/watch?v=SVGNrK4wEho&feature=player_embedded
http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-...
http://www.tennesseesonsofliberty.com/2011/05/herman-cain-exposed.html

Category:

News & Politics

Tags:

• Herman Cain
• Herman Cain 2012
• tea party
• herman cain for president
• ron paul
• end the fed
• federal reserve
• tarp
• herman cain exposed
• herman cain train

[crye55]

When things start getting heated you can see Mark Block from AFP (who hijacked the Tea Party BTW, and is pushing shill Cain hard) point to the camera and say something to Cain's handlers. It's at that point they start to drag him away before more gets captured on camera. Reality hurts. They do not want it known Cain supported the bankster bailouts, which is a main plank the Tea Party stands against.

[TNSONSOFLIBERTY]

@crye55 I was shaking Mr. Cain's hand while asking the questions and Mr. Block first pointed me out, stared at me, then slapped my wrist/forearm in order to break our handshake and take Mr. Cain away... Of course it didn't hurt nor was I injured...it's just the fact that he felt he could violate my rights that is troubling.

[imrnlil]

Yes I supported TARP, but now I'd like it to all go away cause it's really really gonna screw up my campaign.

[reaglevids]

Herman Cainsian

[ElJefer]

"I voted for war but I didn't know people were gonna die"

[Whitese7en]

@TNSONSOFLIBERTY It sounds as if you were you not letting go of his hand, otherwise why would anyone NEED to break the handshake. If that's the case, an argument could be made that you were violating his rights. You both have rights, not just you.

[jannah24]

@lavoyjohn Even if that were true (which I doubt), the government still had no authority to take such action. This just shows he’s a believer in Keynes, central planning, and the keeping Fed’s printing presses going full steam…..more of the same interventionist policy. There were plenty of conservatives that spoke out against TARP when Cain supported it. It didn’t take all that much to see the dangers. Cain just has no wisdom and is ignorant on too many issues.

[lavoyjohn]

Nice out of context quotes. I especially like the "...." That shows the words that didn't "fit" your opinions.

Cain supported the idea of an effort to help the economy titled tarp. The problem is that congress changed the original ideas of helping people and decided to help the banks that gave faulty loans rather than helping shore up the crisis in other ways.

By the way, lets not forget that this crisis was single handedly caused by Barney Frank and his fellow Democrats.

[CyberSpacesTV]

@31guitar 999 is a trojan horse. The FairTax made it a pre-condition that all other taxes would be removed FIRST.

It didn't make sense to me that Cain, a Fed Reserve insider, would support something that would get rid of the income tax. Temporarily lowering the rates to add another tax is exactly what I would expect from the Fed Reservist.

NEIN, NEIN, NEIN (NO, NO, NO)

[DRisLegend200919]

what a dumb guy

[vote4freedom]

Hindsight 20/20

[ONLYRonPaul1]

LOL - another example of Cain losing his cool and getting snippy! Have you all noticed how when he gets a really tough question (or if Ron Paul is in the room LOL) he suddenly loses his cool and gets annoyed with the interviewer! Gee - just what I want for a president…NOT!

[SonsOfLibertyinAZ]

There is no way to tax corporations. That is what a corporation is for. Their income tax is built into their price structure, it's part of doing business. So even the ones that pay income tax, the consumer still foots the bill for that. Same with the consumption tax. The consumer foots the bill in the price structure. The simplest and most honest way to make everyone pay taxes is to ELIMINATE income tax as the Founders intended, and just pay a straight consumption tax. Then we all pay.