Whew! That Was Close.
Y’all, Herman Cain has withdrawn his name from consideration to be on the Fed.
“My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes. Herman is a great American who truly loves our Country!” Trump tweeted.
Remember his tax plan that was 9 – 9 – 9?
His plan for the Fed was 666.
Now if he’ll just go back to wherever he was when Trump found him, we can all breathe a little easier today.
There is a perhaps unintentional irony arising from a president governing and acting exactly like the Godfather in Mario Puzo’s now 50-year old ops nominating someone who ran Godfather’s pizza.
1The world’s shortest “Acting appointment”.
Trump had stated he would be making the nomination, even in the face of Republicans hostile to the choice of the former Godfather’s Pizza CEO who was forced to pull out of the 2012 GOP presidential race after being credibly accused by five women of sexual misconduct.
And all of a sudden, he is a truly, truly, (insert lie here).
My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes. Herman is a great American who truly loves our Country!
— Donald J. Trump (@realDonaldTrump) April 22, 2019
Cain was roundly mocked during the presidential race for his “9-9-9” tax “plan,” which was essentially just a marketing gimmick.
2Trump has some hard work ahead for his staff: finding a nominee or two even less qualified than either Cain or Moore.
3In fairness, megasoid, marketing gimmick is pretty much what all political “plans” are.
4When Trump heard Herman Caine was good at handling a lot of dough, I’m sure he figured monetary policy dough was a short learning curve from pizza crust dough.
5When he was head of the American Restaurant Assn., they lobbied hard and got waiters minimum wage lowered to $1.35 per hour because they got such high tips! He is one we want far away from DC
6If past practice is a guide, bracing for a nomination of someone exponentially worse than Cain. It’s the Trumpian way. Revenge. No concern for the consequences.
7While you wait for Mango Mussolini to pick someone worse than Hermy, the white guy Stephen Moore who probably knows almost as little about economics as Larry Kudlow is still hanging around.
8Marvin, Stephen Moore is that exponentially worse guy. Cain was just the shiny object to provide distraction so that they can slide Moore into a seat on the Fed. Expect promotion of rate cuts to grease the skids for red don’s re-election followed by major trouble when the Fed no longer has room to navigate the country out of the next recession.
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