Koch Supported Herman Cain
by Robert Wenzel: Understanding
Power and Influence Players
noticed that Herman Cain, who is already an announced candidate
for president, seems to have a close association with the Koch brothers.
the recent Koch conference in Rancho Mirage and he has been a speaker
at the Koch-funded rightonline.
I have seen
clips of him speak, but never anything of substance. He sure can
deliver a speech though (see below). So I was excited to see that
he was going to appear on Eliot Spitzer's CNN show last night. True
to form he gave one hell of a performance. Lot's of talk about cutting
government down to size (all generalities though), and he threw
out the fact that he was a former exec at Pillsbury and CEO of Godfather's
Pizza for 10 years. But then Spitzer zeroed in. He asked Cain about
the war in Iraq. Cain said he supported it because, get this, Saddam
was using weapons of mass destruction against his own people. Cain
also said that he was in favor of food stamps (Though the program
needs to cut out fraud). It also sounds like Cain is in favor of
some kind of "fair tax", whatever that is.
And, oh yeah,
he's a former chairman (1995-96) and deputy chairman (1992-94) of
the Federal Reserve Bank of Kansas City.
What the hell
are the Koch brothers thinking?
When you compare
Ron Paul to Herman Cain, the choice is obvious. Congressman Paul
says, let's start by bringing U.S. troops home from overseas to
help reduce the budget deficit and shift priorities to Americans.
He is like that on every issue. He is always about details and specifics.
He doesn't talk in generalities such as "Well I'm a great manager",
like Cain does. Everybody says that, from Mitt Romney to Rudy Giuliani.
Who needs more of that?
Paul is also more principled. You would never see Congressman Paul,
as a libertarian, ever say that the food stamp program is a good
program. And it appears he has a different view about the Fed, then
does the former Fed insider Cain.
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Economic Policy Journal
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