Cain: Wall Street Protesters Aspire to Distract From Failed Obama Policies

Presidential hopeful Herman Cain says the Occupy Wall Street movement focuses on the wrong target if its aim is to bring attention to America’s moribund economy — the object of protesters should be President Barack Obama.

Cain also told Fox News’ Sean Hannity on Monday that the demonstrations are a “coordinated effort on the part of the unions and Obama supporters to distract” Americans from the president’s failures.
 

“They should be protesting in front of the White House because Wall Street did not produce the failed economic policies — Wall Street did not spend $1 trillion really or, if you want to start at $787 billion, almost a trillion dollars of failed economic stimulus,” Cain said. “Wall Street isn’t the one that is now proposing that we spend another $450 billion that is not going to work because the other trillion dollars didn’t work — the vast frustration should be directed at the White House.

“Sean, I believe that this is a coordinated effort on the part of the unions and Obama supporters to distract the American people from the real problem, which is the failed policies of the Obama administration,” he said.

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Hannity asked the surging presidential hopeful about his recent comments that if people are not rich they only have themselves to blame and that racism is no longer a major factor is economic stability.

“Let's start with the one if you are not rich or if you are not financially secure, blame yourself: First of all, one of the reasons that a lot of people are struggling is because this economy is on life support — It is the direct result of failed economic policies,” Cain said. “Secondly, relative to the racism thing: Sean, I graduated from college in 1967 — this was a few years after the Civil Rights Act of 1964, the Voters Right Act of 1965 — I was able to climb the corporate ladder at Pillsbury; I was able to climb the corporate ladder at Burger King.

“I was able to be head of Godfather's Pizza — took that company and prevented it from going bankrupt. I headed up with the second-largest employer in the country, the National Restaurant Association,” he said. “Don’t you think if I saw racism along the way in all four of those or five ventures, that I would have recognized it?