10 votes

Herman Cain admits he misread the financial crisis, did not see housing bubble.

You can watch the video here: http://www.msnbc.msn.com/id/21134540/vp/44880611#44880611

It astounds me that this man is now the front runner according to some polls. This clip should be edited and spliced with Ron Paul's many prescient comments on the housing bubble. I think there needs to be a national ad contrasting the ignorance of businessmen Mitt Romney and Herman Cain with the wisdom of Ron Paul on this particular issue.

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CAINesian Economics

We dub this "CAINesian Economics"

good stuff

good stuff

You need to add this comparison...

Cain vs Paul...

http://youtu.be/Tn0EApd5wgw

Who would you trust in the White House to FIGHT the FED and their bailouts?

Rand Paul 2016 for Peace

Herminator...

he won't be back! Bump to expose more of the same.

Posted the video on my Facebook page.

It came across worse than Romney saying he's have to consult his attorneys before making a foreign policy change.

New Hampshire and Ecuador.

There is no logical reason for Fed Chairman Cain to be winning

Other than media manipulation which does not represent the people, I believe cain is already down, and the more attention he get's like everyone else except Paul, the worse it get's for them. Paul is winning there is no doubt in my mind!!! lol

He didn't know how bad Fannie/Freddie were until later.

How much later? Oh. After Lehman fell apart and reporters from Rolling Stone had it all figured out. What's the use of being a FED insider if you are that clueless?

"When I was running my mouth about all you loser liberal chicken littles, I didn't really know anything! I was just watching Fox News!"

"But don't worry, I'll have people around me who understand money. You won't have to rely on my sorry ass to interpret the state of the economy! I mean, really, I'm just a former FED officer after all - it's not like I should be expected to have any real insights!"

Comedy Gold!

I'm voting for Peace.

What an idiot

I hope the media actually does their job and highlights this. I mean SERIOUSLY. What a moron.

Pottawattamie County Iowa

"Capitalism should not be condemned, since we haven't had capitalism." -Dr. Ron Paul

OMG! Every time this man tap

OMG! Every time this man tap dances and opens his mouth should be a red flag for all voters. He is the quintessential know-nothing candidate. He sounds like he studied accounting 101 and is relying on unprecedented outside or "inside" economists to tell him what to say...to do...to think.

Full on attack

Wow did he look shaky, the fire is coming. How could he not see the bubbles? Easy, he helped cause them.

Great idea. I posted this

Great idea. I posted this http://www.youtube.com/watch?feature=player_embedded&v=brzhf... on The Blaze. Man did those Cainysians go crazy.

Honesty

Herm "The Worm" is so honest I think I'll vote for him now.

bump

.