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Friday, April 05, 2019

Romney self owns

Mitt Romney blasted the idea of appointing Herman Cain to the Federal Reserve. That makes no sense as Cain was chairman of the Federal Reserve Bank of Kansas City Omaha Branch from 1989 to 1991.

He was deputy chairman, from 1992 to 1994, and chairman, from 1995 to 1996, of the Federal Reserve Bank of Kansas City.

Obviously, Cain is well-qualified to be on the national Federal Reserve.

But the facts did not stop Romney from flapping his gums about Cain.

Romney told Politico, "I doubt that will be a nomination. But if it were a nomination, you can bet [what] the interest rates he would be pushing for."

He also said, "If Herman Cain were on the Fed, you’d know the interest rate would soon be 9-9-9."

Hahaha.

That is a big joke -- on Romney, who apparently is unaware of Cain's financial background and experience at The Fed.

Certainly Politico is unaware because the lengthy story failed to include Cain's credentials.

Also, Politico left out the possible motive for Romney's unprovoked attack on Cain: both men ran for the Republican presidential nomination in 2012. Even though Romney won the race, he seems to be bitter about his rivals.

Well, Romney wanted to be the thorn in the Republican hide like his buddy (and 2008 nominee) John McCain.

President Trump appointed Cain because he has experience.

That ticked off Mittens, and the media whose approval he so desperately seeks.

Bess Levins at Vanity Fair wrote, "Trump Insists Fed Hires Be at Least as Dumb as He Is."

She, too, is unaware of Cain's prior service on the Fed in Kansas City. How ignorant.

They found a cure for ignorance. It is called reading.

33 comments:

  1. Reading only cures ignorance if they would read something written by a person who is smarter than they are.ie not a liberal.

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  2. Herman strikes me as an honest and reliable guy, straight shooter, and solid American citizen. Romney ah no

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  3. Was watching cnbc (business channel) yesterday as Cain's nomination was discussed.
    .
    Not one of the commentators mentioned Cain's experience in this area.
    .
    Cnbc is largely in the never trump tds afflicted zone where truth and facts are rarely divulged

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  4. Romney is the scum of the earth he's worse than a liberal because he gives decent people on the right a bad name. He wants super low rates to jack up his paper assets; his private equity firm strips the assets out of companies discarding people like they are broken machines. He's a speculative predator using banksters for his crony capitalism. He is why capitalism has a bad name to millions of people.

    Never forget RomneyCare preceded ObamaCare by decades.

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  5. The Wall Street Journal mentioned canes tenure on Kansas Federal Reserve board but packed the article with references to opponents of the nomination it was essentially a soft anti-Trump hit piece. Reading server is like being reminded of what journalism actually is.

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    1. Autocorrect really sucks. You do mean Surber and not server right? My autocorrect thinks Surber is not a real word, too! Bleah.

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    2. Well, I am here to serve you.

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    3. And we greatly appreciate it.

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  6. Captain Underoos can't seem to save any animus for the left. Always punches right. The very definition of a cuckservative.

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    Replies
    1. Same shit McCain was afflicted with...

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  7. I did not know this. However, I supported Cain from a business experience standpoint. “Expert economists” are vastly overrated!

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  8. Same with me. I am a factual news addict and I don't remember that Mr. Cain had this in his work history.

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    Replies
    1. Cain is no dummy, just not that political. Kind of a pre-Trump businessman who wanted to do the right thing for America.

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    2. Deep staters like Romney will never forgive Mr. Cain for that.

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  9. Romney is an Elitist and Cain is very qualified, smart yet 'down to earth'...Elitists hate that...Romney is never to be trusted as he is a One World Government/New World Order guy...

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  10. They expose themselves as the real racists as well.

    They assume a black man isn't qualified to be on the Fed, and this is just a crony appointment, while overlooking his considerable private market experience in addition to the KC Fed experience.

    CEO of Godfather's Pizza, led a leveraged buyout of Godfather's, was on the board of Nabisco, CEO of the NRA - the other NRA, National Restaurant Association.

    He also has BS in Mathematics and an MS in Computer Science from Purdue.

    To borrow a phrase, I like the cut of his jib, even if the rest of these elites don't.

    Dude is the real thing, succeeded in the real world.


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    1. I forgot to mention, he is also classy. He endorsed Romney after losing to him. Romney shows himself to be classless in return.

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    2. Exactly. And he was Kavanaughed during the primaries. After he dropped out, not a word was heard ever again.

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  11. This comment has been removed by the author.

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    Replies
    1. Romney is neither a conservative nor honest. How could conservative run Massachusetts the way he did? Romneycare is only the biggest blot on his escutcheon.

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  12. Herman Cain was one of the best, most qualified people to seek the presidency. His problem was he was not willing to go low. His moral fiber wouldn't stretch that far.
    GOD, bless Herman Cain and President Trump.

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  13. Mittens Romney is a low-T version of Barbara Bush or Meghan McCain.

    Mittens also is a stone-cold racist, as evidenced by his denigration of the well-qualified Mr. Cain in the manner he chose to do.
    -TK

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  14. Why did you have to mention Barbara? I sat and listened this week an interview of a new book about her. I used to like her until she told Sarah Palin to shut and go home and be a mother! The funny thing was the author told a story about Nancy Reagan not inviting the Bush's to a gala in DC when Princess Di and hubby came. Nancy was told she couldn't do that and she said watch me. They actually found the guest list with their names crossed out.

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    Replies
    1. My respect for Nancy Reagan skyrockets.
      -TK

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  15. "Trump Insists Fed Hires Be at Least as Dumb as He Is." If only!!!!

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  16. The PowerLineBlog article dismisses Mr Cain's KC experience as being only an a sort of advisory board.
    I'm still OK with the guy, just noting the additional info.
    JimNorCal

    PL Blog: "It’s true that Cain served for four (correction: five) years on the Federal Reserve Bank of Kansas City’s board of directors, and was its chairman for a time. That’s a group of business and community leaders who advise the head of the Kansas City Fed on the state of the economy. I doubt that service on such a board is a substitute for the deep understanding of economics one should expect from a member of the Fed’s board of governors."

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  17. Wait, you mean that President Donald John Trump would actually nominate qualified people to positions in the Federal Reserve banking system? Who would have thunk it?

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  18. I liked Cain as presidential candidate and like him now for the Federal Reserve BOARD.

    I would like to point out that his experience was with the Federal Reserve BANK.

    The board is a government regulatory agency. It oversees the 12 privately owned Federal Reserve Banks.

    Sort of how the govt SEC oversees the private NY Stock Exchange.

    I do agree with you, Don, that his fr bank experience is a great qualification for being on the fr Board.

    John Henry

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  19. When talking about "The Fed" it is often unclear whether they mean the board or one of the banks (and which bank)

    One's public, the other private and their functions are as differ as chalk and cheese

    John Henry

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  20. People who write for Vogue calling a man of Cain’s experience dumb. They should just called him what they really want to call him, a n...

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  21. The racists hate Cain because he's a successful conservative responsible Black man. Both Reps and Dems. Mitt really looks foolish on this.

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  22. Willard Romney is a Mormon moron. He thinks everyone is below him in all comparisons. Romney is a Mormon racist.

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