Trump considering 2012 candidate Herman Cain for the Federal Reserve board

[Borealis]

https://www.bloomberg.com/news/articles/2019-01-31/trump-is-said-to-consider-herman-cain-for-federal-reserve-board?__twitter_impression=true

Herman Cain, the former pizza company executive who ran for the 2012 Republican presidential nomination, is being considered by President Donald Trump for a seat on the Federal
Reserve Board.

Cain, 73, was in the White House on Wednesday, according to people familiar with the matter. Two seats on the Fed board are vacant, but nominating Cain raises the prospect of a
Senate confirmation hearing focused on the sexual harassment and infidelity accusations that ended his presidential campaign.

Cain was also under consideration for other unspecified senior government posts, they said. The president’s top economic adviser, Larry Kudlow, said last week that the White House
wants Fed governors “who understand that you can have strong economic growth without higher inflation.”

Cain had a long corporate career and is also familiar with the Federal Reserve system. From 1992 to 1996, he served as a director of the Federal Reserve Bank of Kansas City, as well as
deputy chairman and then chairman. He advocated for the U.S. to return to the gold standard during his presidential campaign and as recently as December 2017 defended higher
interest rates, a position that contrasts with Trump’s repeated criticisms of the Fed last year.

[Thomas45]

9

[Borealis]

https://www.youtube.com/watch?v=lwawPMSJins

[slayer20]

Isn't this the guy who recited Pokemon theme song in one of his speeches?

[Borealis]

https://www.youtube.com/watch?v=zUg8S8_zRR0

[smurfy]

Why wouldn't you consider him? He is America

[Pseudonym]

Cain was basically Trump 0.5 so it kind of makes sense.

[ASparkle]

Makes sense, Trump's so racist the normal one token black Republican isn't enough, so he needs two.

[Sableye]

hey wanna know what will cause massive inflation? returning to the gold standard!

[Zero-Point]

I hope Carson's okay, we haven't heard anything of him in a good long while now.

[Jessica Cannon]

Oh, the Simcity Tax Man! I remember him! He was irrelevant before the election was even over.

https://www.forbes.com/sites/insertcoin/2011/10/14/herman-cains-9-9-9-plan-straight-out-of-simcity/#989edb73b73f

[Sableye]

just embezzling money on furniture and stuff

[Conely]

Ben Carson strikes me as exactly the kind of guy who would embezzle federal funds just to buy a spice rack from Home Depot

[EmperorScorpious]

The US in gold storage has $10,355,179,085.80 in reserve between Fort Knox, West Point, and Denver as of August 2018.

The current net worth of the US is roughly $269,000,000,000,000.

Oof.

[Sableye]

if they agree to give up large piles of their wealth we can get back onto that mystical gold (or silver) standard.