Cain Is Worse Than I Thought

September30th
Cain Is Worse Than I Thought
Tom Woods

In April 2008 he was still saying he could see nothing wrong with the economy!  Read for yourself.  (Thanks to Tom Eddlem for this.)

Forgive me for beating a dead horse on this.  I've made a five-minute video and a resource page on Cain, and I've written this post and this post.  I just cannot get over the fact that we are faced with unprecedented economic dangers, we see default coming in Greece and catastrophes all over the continent, and people think what we need is a guy so clueless that he couldn't perceive a bubble economy staring him in the face?  Not that the other candidates are any better.  They're all repeating talking points from 1983.  This global disaster is not going to be put right by a few tax reforms and some regulatory tinkering.

Only Ron Paul predicted what's happening to a T: he warned of the NASDAQ bubble, and then warned that Greenspan was replacing that bubble with a housing bubble.  Who has a better track record and a better grasp on our situation than Ron Paul?  The country would survive for four years without any additional wars, I promise; the warmaking is obviously part of the economic problem.

But we'd rather continue down the road to catastrophe than support the one guy with a clue?  If it's foreign policy you're stuck on, check this out:

http://www.youtube.com/watch?v=SLUoWhWsOWk&feature=player_embedded

http://www.tomwoods.com/blog/cain-is-worse-than-i-thought/