Herman Cain Blames The Unemployed, GOP Debate Audience Cheers (VIDEO)

[Amerigo Vespucci]

Herman Cain Blames The Unemployed, GOP Debate Audience Cheers (VIDEO)

http://www.huffingtonpost.com/2011/10/18/herman-cain-unemployed_n_1018798.html

Herman Cain recently criticized the Occupy Wall Street protesters, saying, "Don't blame Wall Street. Don't blame the big banks. If you don't have a job and you're not rich, blame yourself."

At Tuesday night's CNN debate, Cain stood by his comments -- to loud cheers from the audience.

"I still stand by my statement," he said.

"They might be frustrated with Wall Street and the bankers, but they're directing their anger at the wrong place," he added. "Wall Street didn't put in failed economic policies. Wall Street didn't spend a trillion dollars that didn't do any good. Wall Street isn't going around the country trying to sell another $450 billion. They ought to be over in front of the White House taking out their frustration."

[muntrv]

1. I know Herman, forget 2008 and that Chimpy McChucklenuts was president.

[Kalidurga]

2. Wall Street didn't put in failed economic policies....

betcha they did and probably at tax payer expense...

[Stuart G]

3. Cheers.??..how many unemployed in that audience???nt.

[Stuart G]

4. Not up at You Tube yet...don't know why????nt.

[Evasporque]

5. ehm...Hermie? Wall Street said they were too big to fail....

more republican lies...

[jmowreader]

6. Really, Herman?

According to Bloomberg, Bank of America moved $75 trillion worth of derivatives--which is somewhere between 65 and 70 times the amount of cash it holds in deposits--from its Merrill Lynch subsidiary, which isn't insured, to its flagship subsidiary, which is insured by the Federal Deposit Insurance Corporation.

When these derivatives fail--and many will, largely because they were designed to--the US taxpayer will be left holding the bag.

This is an action Wall Street took all on its own and it's going to break us.