Herman Cain - The Outsider Myth
by
, 05-24-2011 at 08:47 PM (6766 Views)
A facebook comment:
@Tom, how many "regular citizens" have been Chairman of a Federal Reserve Branch? I mean, that is about the ultimate "insider".
He has been involved in the running of our country (into the ground) for quite a while. Read this OpenSecrets Report:
"Cain argued his outsider status was one of his strongest assets... But while Cain has never occupied elected office, he is no stranger to Washington's world of money in politics."
http://www.opensecrets.org/news/2011...de-status.html
and note this part about his PAC:
"During the 2010 election cycle, Cain launched a PAC of his own -- called the Hermanator PAC.
The Hermanator PAC raised $221,950 during the 2010 election cycle.
Many of the PAC's top donors are among Cain's business world connections, including executives at Hallmark Cards and Whirlpool, on whose boards of directors Cain serves. Notably, in December, Houston Texans owner Bob McNair and his wife, Janice, also each donated the legal maximum of $5,000 to the Hermanator PAC.
The Hermanator PAC spent the bulk of its money on administrative costs, according to the Center's research, including salaries (about $57,000) and travel (about $65,000). It also invested in social media and website consulting, as well as reporting fund-raising expenses.
The Hermanator PAC donated just $2,000 to federal candidates during the 2010 election cycle -- $1,000 a piece to Republican congressional candidates Daniel Benishek of Michigan and Brad Zaun of Iowa.
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And let me repeat:
"PAC raised $221,950 during the 2010 election cycle."
"PAC donated just $2,000 to federal candidates during the 2010 election cycle"
"PAC spent the bulk of its money on administrative costs"
"Cain argued his outsider status was one of his strongest assets... But ..., he is no stranger to Washington's world of money in politics."
Looks like a typical smooth talking shyster to me...
Sorry...
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