Thursday, January 5, 2012
Whats next for Herman Cain?
Former Godfather Pizza CEO Herman Cain announced his candidacy for President early in 2011 expecting to be a long shot candidate. Like Morry Taylor and Steve Forbes before him, Cain sought to be a guy who went right from business to the white house. After a speech in the late summer in Florida, Cain became a favorite for the GOP nomination. After more than three months in the spotlight, Cain withdrew his candidacy after several attention-hungry women accused him of sexual misconduct. However, despite leaving the presidential race, Cain remains a favorite amongst many conservatives, especially many within the tea party. So, what is next for Mr. Cain? He announced a 9-9-9 bus tour that will tout his tax reform agenda. However, one has to ask, what is next for Herman Cain? A resident of Georgia, it would be difficult for him to make a run for the U.S. Senate or Governor when incumbent republicans dominate those offices. However, perhaps Cain is seeking a cabinet post in a Gingrich or Romney administration. While he probably has the best profile to be Chairman of the Federal Reserve, having been a CEO and served as board chair of the Kansas City Federal Reserve in the 1990s, Mr. Cain said he would most want to be defense secretary if he was offered a job in a republican administration. However, during his own campaign, Cain was seen as weak in foreign affairs. Therefore, there are a few likely paths for Herman Cain to take. One would be a continuation of what he is currently doing; a political activist and voice for the tea party, especially on tax reform. Perhaps a President Gingrich or Romney would offer Cain a job at the federal reserve, treasury, or even as the chairman of the President's council of economic advisers. Another possible job for Mr. Cain could be chairman of the republican national committee. He has charisma and business connections which would help him be an effective fundraiser for the GOP. Maybe one of the cable television networks will offer him a cable deal, though he does have more experience in radio. Personally, I believe that Mr. Cain should be offered a job as Chairman of the Federal Reserve or he should become Chairman of the Republican National Committee.
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