Herman Cain is at it again, spreading misinformation and lies, after blaming protesters just last week, saying it is their fault if they are unemployed.
Cain is repeatedly mistaken in this clip from yesterday's Face The Nation. He has no idea how these protests got started, so he just assumes it was 'the unions' even though there wasn't a union representative to be found for the first 15 days. If you've been following the protests since months before they began, as we have, you know it was ANONYMOUS, and their anger at the Federal Reserve and stealth Wall Street bailouts that laid the groundwork for the rebellion.
See these stories for a history of the genesis of the protests:
ANONYMOUS Targets The Federal Reserve - Video Communication #1 - Bernanke Must Step Down
ANONYMOUS Seeks Legal Counsel For RICO Class Action Lawsuit Against The Federal Reserve - #OpESR
Anonymous Announces Wall Street Occupation - Sep. 17
The “Occupy Wall Street” protesters have targeted the Federal Reserve as one of their central platforms from the very start. One organizer, known only as “ANONYMOUS,” announced the first operation targeting the FED, called “Operation Empire State Rebellion,” on March 12. This what become the Occupy Wall Street movement. Anonymous A99 was clear about the intent of the organizers, here is a quote:
"Above all, we aim to break up the global banking cartel centered at the Federal Reserve, International Monetary Fund, Bank of International Settlement and World Bank. We demand that the primary dealers within the Federal Reserve banking system be broken up and held accountable for rigging markets and destroying the global economy, effective immediately. As a first sign of good faith, we demand Ben Bernanke step down as Federal Reserve chairman. Until our demands are met and a rule of law is restored, we will engage in a relentless campaign of non-violent, peaceful, civil disobedience.”
Next mistake from Cain, he claims that by protesting Wall Street, they are protesting the essence of capitalism in America. Wrong again. They are protesting that Wall Street was bailed out, in other words, that capitalism was discarded by Bush, Obama, Paulson, Bernanke, Pelosi, Reid and Geithner in order to save millionaires and billionaires.
See these stories:
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One more time, Herman. The protests are against CRONY CAPITALISM - where favored industries use their power over government to receive special benefits.
Check out this quote from a protester, who completely gets it:
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Republican presidential candidate Herman Cain claimed Sunday that the Occupy Wall Street protests going on in New York City and across the country were a conspiracy designed to help President Barack Obama.
“The proof is quite simply the bankers and the people on Wall Street didn’t write these failed policies of the Obama administration,” Cain told CBS’ Bob Schieffer. “So it’s a distraction. So many people won’t focus on the failed policies of this administration.”
“You’re saying that these people all got together to draw attention away from Barack Obama?” Schieffer asked.
“We know that the unions and certain union-related organizations have been behind these protests that have gone on, on Wall Street and other parts around the country. It’s coordinated to create a distraction so people won’t focus on the failed policies of this administration,” Cain replied.
“It’s anti-American because to protest Wall Street and the bankers is basically saying you are anti-capitalism. The free market system and capitalism are two of the things that have allowed this nation and this economy to become the biggest in the world.”
Also appearing on CBS, Republican presidential candidate Newt Gingrich offered his own take on the protests.
“The sad thing is is this a natural product of Obama’s class warfare,” Gingrich declared. “We have had a strain of hostility to free enterprise. Frankly, a strain of hostility to classic America starting in our academic institutions and spreading across this country. I regard the Wall Street protest as a natural outcome of a bad education system, teaching them really dumb ideas.”
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