Herman Cain: Austerity for You, Ritz Carlton for MeSubmitted by Barracuda_Trader on Mon, 10/03/2011 - 06:07
The GOP presidential hopeful's campaign is spending more than it's raising—and a lot of that money is being spent on planes, chauffeurs, and five-star hotels.
Thu Jul. 21, 2011 3:00 AM PDT
GOP presidential candidate Herman Cain wants you to believe that he is a dyed-in-the-wool fiscal conservative and a savvy businessman who can rescue a nation drowning in red ink. Cain points to his years in corporate America, where he rescued companies such as Godfather's Pizza that were hemorrhaging cash and employees, as proof of his business bona fides. "Serious but responsible belt-tightening can save businesses," his website reads, "and it can also save our country with the right leadership." That message, however, is on a collision course with Cain's own spending habits, which include $900-a-night hotels, five-figure private-jet rides, and chauffeurs awaiting him when he arrives in the next city on his uphill climb toward the White House.