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October 19th, 2011 - 08:29
Gotta love Cain’s hemming and hawing and stammering trying to portray the bail outs as justified but “mismanaged.” Cain has close ties to the Federal Reserve, having worked as the chairman of the Kansas City Federal Reserve Bank from 1995 to 1996, and he was one of the biggest proponents of the bail outs to the banks There was no mismanagment–the bail outs went EXACTLY where they wanted them to go.
See http://www.youtube.com/watch?v=55_hmfd3XtY