Replies to post #225488 on Simply Politics and News (GOV)

[Essence Of Wealth]

Herman Cain Lied About His Fed Position
http://www.ronpaul2012.com/2011/10/12/herman-cain-lied-about-his-fed-position/
The Huffington Post reports:

“At the GOP Bloomberg/Washington Post debate Tuesday night, Ron Paul, the longest-serving advocate of a Fed audit in Congress, asked Herman Cain, a former director of the Kansas City Fed, why he opposed an audit of the central bank, and why he called advocates of such an audit ignorant.

“Mr. Cain, in the past you have been rather critical of any of us who would want to audit the Fed. You have said — you’ve used pretty strong terms, that we were ignorant and that we didn’t know what we are doing, and therefore, there was no need for an audit anyway, because if you had one, you’re not going to find out anything, because everybody knows everything about the Fed,” Paul said.

“But now that we have found and we have 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 advise those of us who were concerned, and you belittled — you say call up the Federal Reserve and just ask them. … Do you still stick by this, that that this is frivolous, or do you think it’s very important? Sixty-four percent of the American people want a full audit of the Fed on a regular basis.”

Cain said that, in fact, he didn’t oppose an audit, and that when he served on the Fed it was a different institution. “You have misquoted me. I did not call you or any of your people ignorant. I don’t know where that came from,” he said. “You’ve gotta be careful of the stuff you get off the Internet.”

A careful check of the Internet, however… turns up audio of Cain saying just what Paul accused him of saying:

I see people liking Herman Cain and still considering him a good choice for President of America after all he's done and said. (Everyone’s prerogative)
Cain's comments about the FED isn't something from ten years ago it's from 10 months ago and Yesterday.

Herman Cain made it clear last night in his answer to Ron Paul’s question about auditing the Federal Reserve that he simply doesn’t think it’s important.
This BTW “IS” a BIG DEAL if Cain is to be the President.
Herman Cain is also making it clear that there is a lot to hide from the American people since he doesn’t think auditing the FED is important.
And; another thing, if Cain is so cool and professional then, why did Cain gets so belligerent toward Ron Paul about the simple question about Cain’s reluctance of an audit of the FED but, then quickly switched to his 999 jobs plans that look exactly like a tax plan?