In July 2011, a partial audit of the Federal Reserve as authorized by Congress revealed an unprecedented $16.1 trillion in unreported loans to U.S. financial institutions and foreign financial institutions.
On December 29, 2010, Herman Cain flatly denied the need for a Federal Reserve audit.
Herman Cain served as the Deputy Chairman (1992-1994) and Chairman (1995-1996) of the Board of Directors of the Federal Reserve Bank of Kansas City.
When the candidates were invited to ask each other questions in Tuesday night’s debate, most focused their fire on the front-runner, former Massachusetts governor Mitt Romney. But Texas Rep. Ron Paul targeted Herman Cain - and caught the former Godfather’s Pizza CEO being disingenous at best.
While he didn’t use the word "ignorant" or specifically reference Paul, Cain pretty clearly did oppose a Fed audit at the time and dismiss those who supported one.
Entire article here:
The editorial board thinks it's sufficient to complain about the positions of all the other candidates in detail, while simply dismissing Paul's position as "against the fence because it will stop americans from leaving". They use one quote as an excuse to dismiss his entire position, and therefore to avoid discussing it in their newspaper.
Perhaps we should overwhelm their comments section again...
Seems WaPo is in full berate Ron Paul mode today.