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Herman Cain - The Outsider Myth

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‎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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Comments

  1. goRPaul's Avatar
    Yea, I can see Herman Cain's novelty wearing off during the course of the election. Because he's such an unknown, his conservative rhetoric at the debate scored him major points. But when people see he doesn't have a foreign policy and that he supports the Fed and the bailouts, they'll see right through him. Ron Paul is the only candidate with substance.
  2. AdamT's Avatar
    Wow, and people go nuts here if a penny goes into administrative. All those donations went right into the pockets of the people running the PAC. I wonder if Cain's PAC donors called him on it or if they could care less?
  3. K466's Avatar
    Wow. It looks like Cain's candidacy will be short lived, he will be easy to take out.
  4. JTWilliams's Avatar
    Republicans can be truly shallow and ignorant as voters! I was just so disheartened that Donald Trump received as much interest as he did! Politically astute people should always withhold judgement for those who pop onto the scene, yet it seemed that 25-50% of mainline Republicans actually took that statist windbag seriously! Now we have Cain, who IMHO is taking media coverage away from Ron Paul, as some kind of populist outsider! Cain's candidacy should be short lived, assuming that Repubs do their due dilligence. But Mitt Romney is still leading nationally, to lead the party that wants to take on Obama's healthcare mandate? If the tea-party splits votes between RP, Cain, and Bachmann- will we get that New England stiff as the nominee?