Herman Cain Enron-esque Disaster (Sell out)

truthsaga

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Cain clearly believes that his pro-business message is what GOP voters want to hear. So much so, in fact, that on Saturday he officially unveiled his candidacy for the 2012 GOP nomination. But scrubbed from Cain's official story is his long tenure as a director at a Midwest energy corporation named Aquila that, like the infamous Enron Corporation, recklessly dove into the wild west of energy trading and speculation—and ultimately screwed its employees out of tens of millions of dollars.
Herman Cain's Enron-esque Disaster | Mother Jones

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uscitizen

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Damn! This will make right wingers like Cain even more.
Keep that kind of stuff about Cain hidden!
 
OP
truthsaga

truthsaga

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Ron Paul is the choice ladies and gents
 

ladyliberal

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It's not clear from the story that Cain did anything unethical, but things like this would prove immensely embarrassing to him if he became a stronger candidate and the mainstream media started to vet him more closely. I think this is one of the areas where a political newcomer like Cain is at a real tactical disadvantage. Someone like, say, John McCain has done embarrassing things (Keating Five scandal, opposing MKL Jr. holiday, etc.) but they are already known to the national press corps, so they don't really generate news stories. In contrast, someone like Cain whose exploits are relatively unknown faces a flood of negative stories as his substantial business dealings are picked through.
 

CT9

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While I agree this should be looked into more... that news source is hardly reliable, and the story says nothing it's all speculation
 

thereisnospoon

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Cain clearly believes that his pro-business message is what GOP voters want to hear. So much so, in fact, that on Saturday he officially unveiled his candidacy for the 2012 GOP nomination. But scrubbed from Cain's official story is his long tenure as a director at a Midwest energy corporation named Aquila that, like the infamous Enron Corporation, recklessly dove into the wild west of energy trading and speculation—and ultimately screwed its employees out of tens of millions of dollars.
Herman Cain's Enron-esque Disaster | Mother Jones

The Truth will set you free!
OK..What does this have to do with Cain's campaign? Why is it the mainstream media, no friend to the Conservatives movement, picking up on this story?
Why is this seemingly important news item sitting on a blog like "mother jones"?
The Libs are on the run with Cain. They know he has an economic plan. Something Obama has not had in almost 3 years in the White House. Cain trumps the race card the Libs like to play as a reason why conservatives do not like Obama.
Bottom line is the American Left is scared shitless of Cain so they are resorting to character assassination because the Left is dead on issues.
While not easily beatable, Obama's candidacy is greatly weakened by the presence of Cain in the 2012 Presidential race.
 

WatertheTree

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It's not clear from the story that Cain did anything unethical, but things like this would prove immensely embarrassing to him if he became a stronger candidate and the mainstream media started to vet him more closely. I think this is one of the areas where a political newcomer like Cain is at a real tactical disadvantage. Someone like, say, John McCain has done embarrassing things (Keating Five scandal, opposing MKL Jr. holiday, etc.) but they are already known to the national press corps, so they don't really generate news stories. In contrast, someone like Cain whose exploits are relatively unknown faces a flood of negative stories as his substantial business dealings are picked through.
Thats funny, he switched to energy trading, which is the exact same thing that enron did.

Another GOP frontrunner falls in flames.
 

edthecynic

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Cain clearly believes that his pro-business message is what GOP voters want to hear. So much so, in fact, that on Saturday he officially unveiled his candidacy for the 2012 GOP nomination. But scrubbed from Cain's official story is his long tenure as a director at a Midwest energy corporation named Aquila that, like the infamous Enron Corporation, recklessly dove into the wild west of energy trading and speculation—and ultimately screwed its employees out of tens of millions of dollars.
Herman Cain's Enron-esque Disaster | Mother Jones

The Truth will set you free!
OK..What does this have to do with Cain's campaign? Why is it the mainstream media, no friend to the Conservatives movement, picking up on this story?
Why is this seemingly important news item sitting on a blog like "mother jones"?
The Libs are on the run with Cain. They know he has an economic plan. Something Obama has not had in almost 3 years in the White House. Cain trumps the race card the Libs like to play as a reason why conservatives do not like Obama.
Bottom line is the American Left is scared shitless of Cain so they are resorting to character assassination because the Left is dead on issues.
While not easily beatable, Obama's candidacy is greatly weakened by the presence of Cain in the 2012 Presidential race.
Because what Cain did to the retirement fund of the workers at AQUILA he wants to do to SS!!!!!
 

edthecynic

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It's not clear from the story that Cain did anything unethical, but things like this would prove immensely embarrassing to him if he became a stronger candidate and the mainstream media started to vet him more closely. I think this is one of the areas where a political newcomer like Cain is at a real tactical disadvantage. Someone like, say, John McCain has done embarrassing things (Keating Five scandal, opposing MKL Jr. holiday, etc.) but they are already known to the national press corps, so they don't really generate news stories. In contrast, someone like Cain whose exploits are relatively unknown faces a flood of negative stories as his substantial business dealings are picked through.
What was not only unethical but also highly immoral. While "AQUILA" Cain chaired the compensation committee, he gave $30 million in bonuses to the top 5 execs who just finished pissing away the employee's retirement fund.
 

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