Herman Cain Got It Spectacularly Wrong on the Housing Bubble

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Friday, October 14, 2011

Cain attacked people like Ron Paul who said the housing bubble was going to pop.


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32 Responses to “Herman Cain Got It Spectacularly Wrong on the Housing Bubble”

  1. Herman Cain Got It Spectacularly Wrong on the Housing Bubble
    ===========================================

    H. Cain hasn’t been “right” yet, about anything he has done.

    Former “Head of the FED” KC division! Liar! NWO Shill! Throw Romney, Perry, Bachmann and Huntsman in there also.

    They are all equally worthless!

    ——————————————-R. PAUL 2012—————————————

    Bravo2…….out

    Quantummonkeybutt Reply:
    October 14th, 2011 at 8:01 am

    Cain Went On To Further Elaborate:

    “It’s Real Simple, Monkey Boy…My NEW Advisors Are Higher-Level Demon CPA’s; Not The Chimps I Had Working For Me Before Mostly Sitting Around Jerking Off, And They Have Assured Me That SUCKLING THE CORPORATE ‘NEW WORLD ORDER’ PUPPET-WHORE TIT WHILE SAYING IT TASTES BAD WAS A BAD IDEA, But Now I’ve Been Taken In As An Insider At The Highest Levels of The SATANIC ORDER, So I WILL SUCKLE THE BABYLON WHORE’S NIPPLE WITH ITS FESTERING INFECTED PUSS-OOZING JUICES, AND SMILE FOR THE CAMERA WHILE I GAG!!!”

  2. HERMY SOARS AHEAD

    Number 1. in recent polls … ahead of Mitt and Ranger Rick
    Repubs have not shown alot to offer when doing battle with the BEAST

    reconscoutsniper Reply:
    October 14th, 2011 at 8:29 am

    Its due to the fact that the “beast” owns both parties, but not all the members of each party.

    Bravo2…….out

  3. Herman Cain is still clueless, like a parrot he can only say 9-9-9.

    I am astounded that people can actually support a dumb snake like Cain, what a joke.

    MSM is grasping at straws to try and bury Ron Paul, but Cain is disintegrating spectacularly like Perry and Romney. The jig is up.

    Billo Reply:
    October 14th, 2011 at 9:49 am

    It’s part of the smoke screen to add legitimacy to this pack of traitor clowns the Republicans have running. This is the political version of dancing with the stars or American idol. I find it insulting not enertaining.
    If the general public is lapping this stuff up you better buckle up for things to get worse and worse.

    dhsn Reply:
    October 14th, 2011 at 3:03 pm

    Didn’t Ross Perot have a 10-10-10 plan?

  4. What else needs to be said?

    Keynes had it all wrong.

    The Austrian, sound-money/honest banking school has the correct diagnosis. If it didn’t, the situation would be reversed, and Ron Paul would have egg on his face. As it is, the Keynesian school has been proven DIASTEROUSLY wrong. They were wrong about nearly everything, and got us into the sovereign debt crisis, by promoting deficit spending for decades. Remember their favorite bromide, that the national debt was “nothing to worry about,” because “we owed it to ourselves”?

    I just wish there was some way we could hold these arrogant bastards PERSONALLY responsible for the mess we’re in. They were all so cocksure, even righteous, in their analysis of society and the economy, and now the chickens have come home to roost.

    We will probably not have real prosperity again, for a decade or even longer. The Keynesians and their ilk in the Social Sciences departments, all have to go. And don’t stop there. Anyone sympathetic with the “Frankfurt school” – all of them Marxists – should be booted out also. Get rid of them all.

    dhsn Reply:
    October 14th, 2011 at 3:08 pm

    Privately, Keynes was anything but a Keynesian. He watched his investment portfolio like a hawk and was active in buying selling anything that would make him richer. He died a very wealthy man. Typical socialist.

  5. Herman Cain here openly admits he does not have his finger on the real problem and then tries to sell us a system of advisors and other BS. Ron Paul doesn’t make excuses and has to go to his huddle of men superior in economics to see around the corner and be able to predict future behavior of markets and money.

    If this video does not steer voters who see it away from Cain, then we are really in big trouble as a country.

  6. The use of something like 9-9-9 is a form of hypnosis for the masses. The majority of Americans are too lazy to do any real research about the 9-9-9 plan and it’s effects on the US. What I can’t understand is why people think a 27% Federal tax will be enough to save our economy. It could be 87% and it still wouldn’t matter. The reason I say this is because the Democrats DO NOT HAVE A BUDGET!!! Our government is exceptional at one thing: spending money. More money DOES NOT mean smarter spending. More money in hand only means that the government will find a way to spend it all even faster. Remember the bailout? We would have the same results if all that cash had been piled up and burned. Your children’s futures have been sold, time to start Mandarin lessons. I hope you like steamed rice.

    reconscoutsniper Reply:
    October 14th, 2011 at 9:53 am

    @ fivespeed302

    No shit, Sherlock.

    Thats the expected response coming some one who has already thrown in their towel.

    Who needs another blathering coward like you at this site? Wait! Can you hear it?!

    Its FEMA calling your name. Now, like the good little wimp you are, raise your hand and say,” present”.

    See how easy it is? 5slow302…bullshit!

    Most older members here at PP are far beyond your ignorance. Who do you think you are enlightening?

    You are a waste of time.

    Bravo2…….out

  7. Housing bubbles always pop. There is always a sequence of events that leads to them starting in the first place. Demand for resources = demand for industrial construction = demand for workers = demand for workers accommodation = demand for housing = demand for land = rising property prices

    Then it reverses in the same way, ending up with falling property prices.

    fivespeed302 Reply:
    October 14th, 2011 at 9:53 am

    “And that’s when the whores come in.”
    “Men laying their trick money down. $20 to pay the rent? Maybe instead I’ll spend it on the whore. Whores running around doing their little behind shake for the menfolk.”

    roderick usher Reply:
    October 14th, 2011 at 12:59 pm

    “Then it reverses in the same way, ending up with falling property prices.” – wildcat

    In a fiat money system, business cycles of boom and bust are greatly aggravated – no doubt about it. So what you are saying is half-true: in a system such as ours, dominated by a central bank – the Fed – we have had a cleverly-run fiat system since 1971, Its signal “achievement” (to use the word loosely and more flatteringly than is deserved) has been to hold the inflation process in slow motion, compared with most other fiat currencies, in which annual inflation rates have been far more severe. We have also had the advantage of “owning” the reserve currency, which has allowed us to export much of our inflation overseas. Those days are drawing to a close. We will soon be in the same position as other countries, and fiscal responsibility will be FORCED upon us. In the meantime, the piper WILL be paid, for the MOUNTAINS of debt that have been incurred in our name. This will be by a “soft default” – e.g. currency devaluation thru inflation. Alan Greenspan has already told us as much. So anyone who doesn’t understand the need to own precious metals at this point is screwed.

  8. Cain is not able!

  9. Just the latest Republican trial balloon……..pop!

  10. This is unbelievable. Is he talking about his ‘economic’ advisors who had their heads buried in places where sun never shines? So now he says he will have a new team of ‘better, more advanced’ advisors? HUH ?? Like ex-Lehman Goldman types and Country-wide guys, experts on corporate bonuses?

    Cain’s 999 plan leaves states like California with 18% sales tax, 9 for the State ( Jerry Brown) and Nine for the Fed (Cain). So in California we can call this the 999+9 Plan. This is PURE GENIUS !!!!!!!!! …..

    So anything you buy at a place like Home Depot, Lowes, or anywhere else, is going to have a cigarette like tax attached to it !! GENIUS ….. Just what we need for housing recovery …….. they (Cain and ‘advisors’) really learned their housing bubble lesson, didn’t they?

    dhsn Reply:
    October 14th, 2011 at 3:10 pm

    Time to prepare for the coming black market/underground economy.

  11. When you think of Herman Cain…change the last name to PAIN!!!!…HERMAN PAIN…because that’s what we will get if this federal reserve operative gets in office….
    999 is just new TAXES on EVERYBODY!!!!!!
    I say if they start another war…nobody pay their taxes or mortgages!!!!!…THAT’S IT….NO MORE!!!!

  12. The Republicans and the MSM are mainly promoting Cain in hopes that conservatives will vote for him but also the blacks in this country. The same ploy used to get Obama elected. They knew after all the venom people had against Bush and the Republican Party, Obama would be a shoe in because of the anger and ALL blacks would vote for him maning more Democratic voters.. plus a little voter fraud to boot.

    If Americans are ignorant enough to vote for this guy then I will lose all hope for this country.

    dncholas Reply:
    October 14th, 2011 at 12:35 pm

    *meaning

  13. Call me crazy but I don’t think old LYING dogs like Cain can learn new tricks…

    dhsn Reply:
    October 14th, 2011 at 3:11 pm

    OK You’re crazy.

  14. Cain got it wrong because he’s only just been recently backed by the NWO. Ron Paul is starting to scare them!!!

  15. Can anyone here at this forum tell me why we
    “need” taxes ?
    Please note : I put the word “need” in quotation marks so that the question would not be taken out of context.

    Also, does anyone here know about the history of taxes and why they were invented and
    implimented ?

    Please try not to be too brief.

    Mr. Thrillkill Reply:
    October 14th, 2011 at 3:20 pm

    My response to my own question :

    The best tax is no tax.
    I don’t even want to see taxes for the multi billionaire war criminals … I just want to see them rounded up, incarcerated and perhaps executed.

    NO TAX … PERIOD !!!

    Tom Reply:
    October 14th, 2011 at 4:59 pm

    Taxing personal income is treason and runs counter to the U.S. Constitution. The IRS cannot tax your personal income. Stop paying them!!!

  16. Shoot the messenger then take advantage of the “losers” – isn’t that what we do?

    BTW, the housing problem popped when Bush signed the FDA preemption. Obama got elected by saying he’d repeal that treason – yet NOTHING HAS BEEN DONE. Where is Ron Paul – or yes, he wants us to pay even more through fraudulent “health” insurance!

    I guess Wall Street needs more houses to burn – we don’t have enough homeless people yet.

  17. The MSM cannot even hide their complicity in propping up puppet candidates such as Cain. First it was “Amero” Perry and now the cocksucker who worked for the Federal Reserve System. Most of clueless sheep buy into the propaganda spewed by the MSM.

    If this bullshit continues, I want RP to run as a third party candidate.

  18. Ok, lets look at this carefully, if….should I say almost maybe, he became President, who do you think his advisers would be ? I’m scared of that thought, and so should you ! He doesn’t have a soul in Washington D.C. to call on, and really, I don’t think anyone would pick up the phone for him either ! Then again maybe, Luey Farrakhan would ? And I’m sure, he’d straighten his butt out quick too !

  19. Herman Cain .. hmmm. Won’t the puppetmasters be falling off their chairs in laughter if the DIMocrats and RepubliCANTS have to fight over which black idiot to elect to office, Herman Cain, or Barack Obummer?

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