SGS EXCLUSIVE: 20 MINUTES WITH HERMAN CAIN.

If it weren’t for the fact that I now understand what the Federal Reserve bank did, I might have supported Cain. With the partial audit of the Fed, we’ve learned that it bailed out foreign banks and big corporations with our money. And it’s not just the Fed, it’s Congresses and the executive branches since the Federal Reserve was started in 1913 (I don’t put the blame on all). For those who don’t understand, the Federal Reserve prints dollars and loans them to our federal govt. with interest. When they print dollars, that is inflation. Those in Washington benefit first from new dollars and as they filter down to the rest of us, the prices begin to reflect the inflation in higher prices. That affects the poor/middle classes because our pay and salaries do not keep up with the inflation. Every Congress or the president sign into law more spending, the money either came from the Fed or foreign loans (fewer countries are loaning to us now). We still don’t know what all the Federal Reserve has done because they have complete secrecy. Their actions affect the currency and that affects the American people and we have a right to know. Herman Cain was a chairman to the Kansas City Federal Reserve and on a radio show said that there was no need to audit the Fed. Here is more that he said “Some people say that we ought to audit the Fed. Here’s what I do know. The Federal Reserve already has so many internal audits it’s ridiculous. I don’t know why people think we’re gonna learn this great amount of information by auditing the Federal Reserve. I think a lot of people are calling for this audit of the Federal Reserve because they don’t know enough about it. There’s no hidden secrets going on in the Federal Reserve to my knowledge.” There is no Constitutional authority for a central bank. The founders knew well what a central bank would do if we ever allowed it. “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” – Thomas Jefferson. And the other problem I have with Cain is the fact that he called it wrong on the economy right up to the week before the massive banking collapse of Sept. 2008. We’re all only human but these times need someone who understands what happened. If we don’t understand history, it will repeat itself.