When pundits speak about Herman Cain – or introduce him for an interview – they usually reference him as the (black) tea party candidate and former Godfather’s Pizza CEO who once hosted a talk radio show.
As reported by The Atlantic:
It hasn’t gotten much attention that Cain was chairman of the Kansas City Federal Reserve Bank in the mid-1990s.
The Kansas City Fed is one of twelve regional banks that advise the Federal Reserve Board and initiate changes in the discount rate.
The Kansas City Fed in particular has a reputation for monetary conservatism and distrust of central authority.
From 1992 to 1996, Cain served as a director of the Federal Reserve Bank of Kansas City in the capacities of deputy chairman and then chairman of the Board.
Hmmm …. puts a whole new paint job on the candidate.
* * * * *
The Homa Files 
Leave a comment