Wednesday, October 12, 2011

Herman Cain Lies In His Response to Ron Paul’s Questioning Him on the Federal Reserve


Cain claims he did not call Ron Paul supporters “ignorant” [Cain said "stupid"] about their questioning him on the Fed. Claims Ron Paul found it “on the internet”, implying it was just someone’s made up story on some blog. In reality, the source of Cain’s “stupid” comment is from his own book!

by Larry Simons
October 12, 2011

Last night at the Republican debate at Dartmouth College in New Hampshire, former Godfathers Pizza CEO Herman Cain blatantly lied on national television during a question and answer portion where each candidate was given the opportunity to ask one of the other 7 candidates a question.

Ron Paul’s question was directed at Herman Cain. Paul said this:

“Since the Federal Reserve is the engine of inflation, creates the business cycle, produces our recessions and our depressions, the Federal Reserve is obviously a very important issue. And fortunately tonight we have a former director of the Federal Reserve at Kansas City, so I have a question for Mr. Cain.

Mr. Cain, in the past you’ve been rather critical of any of us who would want to audit the Fed. You said, you’ve used pretty strong terms, that uh, we were ignorant and that we didn’t know what we were doing, and therefore, there was no need for an audit anyway because if you had one, you’re not going to find out everything, because everybody knows everything about the Fed. But now that we have found and we’ve gotten an audit, we have found out an awful lot on how special businesses get bailed out. Wall Street, the banks and special companies, foreign governments. And you said that you advised those of us who were concerned and you belittled, you’d say “Call up the Federal Reserve and just ask them”. Do you still stick by this, that this is frivolous or do you think it’s very important? 64% of the American people want a full audit of the Fed on a regular basis.”

Cain responded [and lied]:

“First of all, you have misquoted me. I did not call you, or any of your people “ignorant”, I don’t know where that came from.” [Paul interjects “I’ll get it for you”, during Cain’s response]

Cain continues, “Alright, now, so, you gotta be careful of the stuff that you get off the internet, because that’s just not something I have said.”

Cain is right. Cain did not use the word “ignorant”. He used the word “stupid” [in reference to the questioning he receives from “so-called Ron Paul supporters” at Cain’s speaking events], which is actually more demeaning than the word “ignorant” [whereas "ignorant" means "unlearned", but "stupid" means "foolish" and "senseless"]. How does he know they were Ron Paul supporters?

Cain also implies to Congressmen Paul that he [Paul] got this information from some made up story on a blog on the internet when he said, “you gotta be careful of the stuff that you get off the internet”. In reality, the website The Daily Caller ran a story on September 27 about this very same issue [which is most likely where Congressmen Paul saw it] because the site had obtained an advance copy of Herman Cain’s book “This Is Herman Cain” [which went on sale October 4] in which Cain had a few choice words for Ron Paul supporters.

In the book, Cain claims that Paul’s campaign “sends one of its ‘Paulites’ everywhere I show up”. Even if Cain’s conspiracy theory is true, so? What is Cain afraid of?

Also in the book, Cain writes, “I get the same stupid question at almost every one of these events. I know it’s a deliberate strategy. How can a person randomly show up at a hundred events and ask the same stupid question to try to nail me on the Federal Reserve? It’s really becoming annoying more than anything else.”

Here's the proof [click to enlarge]



The people Cain refers to are asking questions about the Federal Reserve. Why should this bother Cain since he was the chairman of the Kansas City Fed 15 years ago? Cain also writes in his book that Ron Paul supporters are “threatened by me” and are “trying to destroy me on the fact that I was once affiliated with” the Federal Reserve.

No, Mr. Cain, you were not “affiliated” with it. You were the chairman. That’s like saying Ben Bernanke is “affiliated” with the Fed in Washington D.C.

Congressman Paul promised Cain he would “get it [the answer] for him” [where Cain called his supporters stupid]. Ron Paul only needs to ask Cain for a copy of his own book for the evidence.

watch Herman Cain lie at 9:10 into the clip

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