Thread: Herman Cain

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  1. #31  
    CU's Tallest Midget! PoliCon's Avatar
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    Aug 2008
    Pittsburgh PA
    Quote Originally Posted by American Pitbull View Post
    From the little I've seen thus far I am leaning towards Cain. I am looking forward to more debates. VP?? I would prefer him at the top of ANY ticket at this point, but time will tell.
    No one better is running or rumored to be running as yet so . . . .I have to agree.
    Stand up for what is right, even if you have to stand alone.

  2. #32  
    Senior Member Molon Labe's Avatar
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    Jun 2008
    Jihad Me At Hello
    Quote Originally Posted by PoliCon View Post
    No one better is running or rumored to be running as yet so . . . .I have to agree.
    hold the phone. It was inevitable that some unfortunate infor would surface. Seems very left wing on economic issues for someone who calls himself conservitive. I becoming more convinced that he does not get it anymore than most politicians on the economy. If you have a basic understanding of what caused the downturn, then you could not have supported TARP.

    Supported TARP. says it was great for taxpayers to "own" part of the banks and for us "free market purists" to shut up....

    But the mainstream media and the free market purists want you to believe that this is the end of capitalism as we know it. It is not for several reasons that they have conveniently not explained.

    First, instead of buying toxic mortgage-related assets of banks as originally proposed, the Treasury has changed tactics and will buy equity positions called preferred stocks, which gives us as taxpayers an ownership stake in their success for a limited period of time.
    The ownership by the taxpayers is going to be relatively small and nowhere near the amount needed to be called nationalization
    Wah? Ownership by the government no matter how much is socialistic.

    Then he flip flops and says bailouts are bad. WTF?

    He is completely wrong that TARP was not Nationalization or government control.
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