Herman Cain - Central Bankster?

 I wrote a post a little while back digging into the past of Mr. Cain, a man who's radio program I do enjoy. Some have been questioning what is the big deal about him sitting on the boards of these corporations. Well, as someone who has been an officer in my church's corporation, I'm not saying that that in itself is a bad thing.

The only thing I've heard is that he was CEO of Godfathers Pizza; if I had not done my own research I never would have known that he was chairman of a regional Federal Reserve Bank. If you are not aware of the perils of the Fed, read/watch the Creature from Jekyll Island or check out The American Dream Cartoon. As we have been exploring the interlock between large corporations and the federal government on this blog, his being on the board of large corporations, such as Whirlpool do interest me.

I've learned in blogging that if someone says it better, then quote them. Today, Vox Day has the essential Herman Cain piece that will make everyone think twice. Vox gives us the ultimate reason why Herman Cain is not a good conservative candidate:

2) He is not even close to being a genuine conservative on the single most important issue presently facing the nation. Indeed, both his economic philosophy and his employment record are quite literally Communist. In the fifth of the "10 Planks" of the Communist Manifesto, Karl Marx demanded "Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly." In the United States, credit has been centralized in an exclusive government monopoly granted to the Federal Reserve; Mr. Cain was the deputy chairman of the Federal Reserve Bank of Kansas City from 1992-1994 and the chairman from 1995-1996.

Now, despite his five-year career as an elite bankster, Cain cannot be seriously regarded as one culpable for the massive credit booms and the various financial crises that were their inevitable consequences. Unlike Alan Greenspan and Ben Bernanke, Cain was not at the Federal Reserve proper or its flagship New York bank; it is also worth noting that his two terms of office at the bank preceded the periods of frantic money pumping that took place in 1998 and 2001 and launched the tech and housing bubbles. However, on the Neil Boortz show, his answer with regard to a prospective congressional audit of the Federal Reserve missed the point so completely that it leaves the informed observer wondering if the man is deeply disingenuous or astonishingly clueless:

"Some people say we ought to audit the Federal Reserve. Here's what I do know. The Federal Reserve already has so many internal audits it's ridiculous. I don't know why people think we're going to learn this great amount of information from the Federal Reserve. … Here's the advice I give to people who think we ought to audit the Federal Reserve. Call them up and ask them if you can have one of their PR people explain to you how the Federal Reserve operates. I think a lot of people are calling for the audit of the Federal Reserve because they don't know enough about it! There's no hidden secrets going on the Federal Reserve to my knowledge. We've got 12 Federal Reserve banks, find out which district you're in, call them up and go from there! We don't need to waste money with another commission or an audit. It's not necessary. Because, folks, we've got a lot of other problems we need to worry about."

 This is untrue. There is no bigger or more central problem facing America than the one posed by its current financial system.

So we don't need an audit of the entity that controls our money supply because it audits itself. It's a like a self-cleaning oven - don't worry about a thing. Don't pay attention to the fact that our currency has been devalued by 98% since 1913. Our enemies could only hope to do that much damage to us. One might conclude that the Fed is our enemy. Color me unimpressed with Mr. Cain's answer to the most serious question facing us all - economic collapse. I hear conservatives say that Mr. Cain will really rock the Establishment. Folks, if he worked for the Fed and is still towing their pathetic line like a Soviet apparatchik, Mr. Cain IS the Establishment. That response is something out of Baghdad Bob's script-wizard, everything is fine - nothing to see here - move along and bask in my down-home "fat and sassy" speeches.

Herman Cain was confronted on his enthusiastic 2008 support of the TARP bailouts. Mr. Cain says he was taken out of context, but if you read the whole thing, there really is no other way you can take it, except that central banking is the best thing since sliced bread, which really isn't that great either!
Here's the confrontation, you be the judge:

It reminds me of that scene in Ghostbusters - Ray, when someone asks you if you're a god, you say YES!

Herman, when someone asks if you support the Fed sending our money to foreign banks like Libya and China, you say NO! Mr. Cain seemed more than a little defensive there. If you've changed your mind about TARP, then do it with confidence and a smile, not saying "ok?!" in a defensive manner. That's my political advice for you because in the conservative circles, thanks to Glenn Beck and others, there is a Level 2 awareness of the Fed and if you don't address this issue head-on, it is going to bite you in the behind big time when this gets out. Most conservatives are unaware of Mr. Cain's Fed and bailout loving positions of the very recent past. He'd better get a better game plan of explaining that than saying you don't have time to answer the question and running away. That kind of thing might just go viral.