October 10, 2011
GOP presidential contender Herman Cain continued his attack of Occupy Wall Street protestors Sunday describing them as anti-American.
Amidst the growing Occupy movement, Cain last week offered his two-cents: “Don’t blame the big banks. If you don’t have a job and you’re not rich, blame yourself.” Taking full advantage of the situation, Cain then criticized the Obama administration saying the protests were planned to distract people from, “The failed policies of the Obama administration.”
On CBS’s Face the Nation Sunday, Cain continued his criticism saying, “to protest Wall Street and the bankers is basically saying that you’re anti-capitalism.” Cain says free-markets and capitalism is what made the U.S. as big as it is and should not be targeted for attack.
“The business sector is the engine of economic growth. That’s key,” Cain said.
Cain then pointed the blame, again, to the Obama economic policies.
“The bankers and the people on Wall Street didn’t write these failed policies of the Obama administration,” Cain said. “They didn’t spend a trillion dollars that didn’t work. The administration and the Democrats spent a trillion dollars. They’re now proposing another $450 billion.”
Newt Gingrich, another presidential contender on the show, agreed hostility toward free markets was misguided, but added it was the result of faulty education.
From CBS News:
“We have had a strain of hostility to free enterprise and frankly, a strain of hostility to classic America starting in our academic institutions and spreading across this country,” he said. “And I regard the Wall Street protesters as a natural outcome of a bad education system teaching them really dumb ideas.”
CBS, Face the Nation
This article was posted: Monday, October 10, 2011 at 3:02 am