"A gold standard is to the moochers and looters in government what sunlight and garlic are to vampires." --Herman Cain, Trump's new Fed nominee - Galt's Gulch

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"A gold standard is to the moochers and looters in government what sunlight and garlic are to vampires." --Herman Cain, Trump's new Fed nominee

Posted by CBJ 5 years, 8 months ago to Politics

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Sounds like something Ayn Rand would agree with. Cain and Stephen Moore should liven up the Fed's policy discussions. It would be fun to be a fly on the wall.

SOURCE URL: https://www.kitco.com/news/2019-04-04/Trump-Picks-Gold-Standard-Advocate-Herman-Cain-For-Federal-Reserve-Board.html

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Posted by mminnick 5 years, 8 months ago

If he is nominated, expect the same garbage as was tossed out in 2011. The only thing Democrats hate more than Trump is a conservative black man who is successful.

+1

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Posted by Andy 5 years, 8 months ago

Would a gold standard help Trump bring down interest rates?

Filling these two seats sounds like a long-term thing that some future president will take credit for.

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Posted by 25n56il4 5 years, 8 months ago

I am losing count on how many people are declaring for the Presidency. And if I hear any more baloney from Biden, I'm going to write him a letter. Couldn't Congress concern themselves about some of our important issues and shut up on the 'hate Trump' rhetoric?

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