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Herman Cain, 2012 hopeful: "There's No Reason To Audit The Federal Reserve"

Herman Cain, former Chairman and Member of the Board of Directors for the Federal Reserve Bank of Kansas City, flippantly denies the need to Audit the Federal Reserve while hosting the Neil Boortz Radio Show on 12/29/10

youtube clip-

http://www.youtube.com/wa...

article-
http://www.tennesseesonso...

original question/answer between caller and Herman Cain-
http://www.4shared.com/au...



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Wish I had a hat like that.

I like his hat. Folks these days under value hats & over value a man's schooling he hides under his hat.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Wow!!

I was o.k. with Herman until this.
He is a complete idiot!! clueless.
Thank you for this fortunateson!!

Jackson County Georgia

War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.
Thomas Jefferson

fireant's picture

You're right Herman. We've got bigger problems to worry about...

And they were all caused by the Fed. It's so easy to get information form them we had to fight a FOI in order to find out where he spent the massive debt he just put on our children. You are either clueless or a complete sellout.

Undo what Wilson did

To be fair.

He did say we should return to the gold standard.

He is the problem with federal bureaucrats...

All so incompetent that they should never have been hired.

He thinks its business as usual and 10 trillion dollars just got stolen....the guy is beyond a fool.

The Federal Reserve is a failure in DEEP need of audits everywhere

bigmikedude's picture

"Just call them up and ask them" LOL

Sure... Just call Ben and ask him...

He's right!

There is no need to audit the Fed. Just shut them down and deny the validity of their debt.

I Asked Dr. Paul About That

I asked Dr. Paul whether we could "wipe out" any debt owed to the Fed if we shut them down the last time I saw him. He replied that a lot of the debt is owed to bond holders, many of whom are American citizens. He said that, theoretically, you could wipe out much of the rest of the debt and interest owed to the Fed though.

agreed!

I've said this for years. There are 10s and 10s of laws being broken every day by the FED and the banks, so why not be consistent and whether its illegal or not,
shut em down and yes, tell them to pound sand as far as collecting on the debt.

Jackson County Georgia

War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.
Thomas Jefferson

It said he was on a

Fed board wow, that is hard to believe.

"We can see with our eyes, hear with our ears and feel with our touch, but we understand with our hearts."

1992 Appointed to Kansas City Fed Board. Chairman 1995 - 1996

My comments on this post address your comment.

This man seems more a soft shoe pitchman. Easy to believe. While the Kansas City Fed Chairmanship is listed in his made to order resume, no accomplishments listed. He left to promote Jack Kemp's failed election bid in 1996... never to return.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

No Audit of Fed. No Hope!

IMHO

Free includes debt-free!

Wishbone & Prey. Burger King & Godfather's Pizza.

Herman Cain is a pitchman. He hires himself out to say what his clients wish to hear. "WANTED" poster with his rap sheet (his promoted autobiography) here a few minutes ago (same forum).
http://www.dailypaul.com/node/153575#comment-1623605

Mr Cain did mention "internal audits." In fact the Fed is Auditor Extraordinaire. The Fed audits it's member banks often & uses the FDIC to close the ones that no longer serve the Fed's becking call.

Make 'em a pizza they can't refuse.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

you guys have to check this

you guys have to check this out... the youtube video has the audio of Herman demonstrating Doublespeak... he sounds like a shill for the Federal Reserve