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Herman Cain: Federal Reserve Audit Unnecessary

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Uploaded by on Oct 10, 2011

In July 2011, a partial audit of the Federal Reserve as authorized by Congress revealed an unprecedented $16.1 trillion in unreported loans to U.S. financial institutions and foreign financial institutions.

On December 29, 2010, Herman Cain flatly denied the need for a Federal Reserve audit.

Herman Cain served as the Deputy Chairman (1992-1994) and Chairman (1995-1996) of the Board of Directors of the Federal Reserve Bank of Kansas City.

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  • LOL RON PAUL WINS

  • Want to know when someone is full of shit? If they include the phrase "to my knowledge" then, it's 100% guarunteed, they're full of it!

    Example: Herman Cain "There's no hidden secrets going on in the Federal Reserve, TO MY KNOWLEDGE"

    Like I said... Full of shit.

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  • he did'nt lie on the reserve question just like he didnt buy all kinds of dumpy white girls and lie about that. I trust this guy about as far as I could throw him. I must say he fits in perfect with the rest of these clowns though, except PAUL!

  • Did he just say that the reason people want to Audit the fed is because they don't know enough about it?!?!?! NO SHIT Herman you fucking clown! Thats the whole point of an audit!!!@!!

  • HE DIDN'T WANT TO be caught lying, so he says "to my knowledge".. it gives him innocent place

  • Because the truth is seldom found in plain sight.

  • "Don't need to waste money with another commission or audit?" Let's just keep wasting money on wars and unfunded liabilities. However, I suppose we can just keep depreciating the value of the USD for those efforts.

  • lol Herman is such a liar.

  • This video is unlisted. Only those with the link can see it. WHY?

  • Herman Cain publicly denies he ever said this.

  • lol!

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