Herman Cain: “No Need To Audit the Federal Reserve”

The Fox News-led GOP debate last night in South Carolina gave the first formal glimpse of the emerging 2012 GOP presidential field, though more thought was perhaps spent on the presumptive (selected & vetted by the establishment) big name contenders who have yet to enter or debate. Congressman Ron Paul was perhaps the most well-known face next to a field otherwise unseen in 2008. With him were former Senator Rick Santorum, former Minnesota Governor Tim Pawlenty, businessman and former KC Federal Reserve chair Herman Cain and former New Mexico Governor Gary Johnson.

After the debate, an artificial-esque buzz quickly centered around Herman Cain, who has positioned himself as a Tea Party candidate and gained popularity for his ‘tough’ rhetoric.

A Fox-focus group fielded by the notorious Frank Luntz quickly established that Herman Cain had won the debate (in lieu of a poll, apparently). Cain charmed a majority of the 29 handpicked and carefully-handled likely Republicans in Luntz’s focus group. After all, he’s a fresh face, he talks about smaller government, ending the economic crisis and he’s a successful businessman. Read more at PrisonPlanet

Herman Cain, former Chairman and Member of the Board of Directors for the Federal Reserve Bank of Kansas City, flippantly denies the need to Audit the Federal Reserve while hosting the Neil Boortz Show on 12/29/2010…


Tom Woods considers the shortcomings of GOP presidential candidate Herman Cain, who has been described as a “Tea Party favorite.”

Unbelievable, Herman Cain continues to defend and shill for the Federal Reserve in this video:
Herman Cain Discusses the Federal Reserve

Learn more about the Federal Reserve:
Money, Banking and the Federal Reserve
Ron Paul: Bernanke Deliberately Destroying Dollar
Ron Paul explains why the Federal reserve should be abolished
Keynesian Economics vs. Austrian Economics

Fed Insider Herman Cain Announces 2012 Bid
In 2008, Cain blasted “free market purists” in an opinion column for opposing the $700 billion banker bailout known as TARP.

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