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Herman Cain pulls out of consideration for the Fed job (Original Post) mobeau69 Apr 2019 OP
I hope he pulls out of everything. Aristus Apr 2019 #1
Again? TwilightZone Apr 2019 #2
It's a zoo. mobeau69 Apr 2019 #3
With revolving doors on the cages. TwilightZone Apr 2019 #6
Appointus Interruptus? MineralMan Apr 2019 #4
Awwwwwwwwwoooooouuuuuu Chipper Chat Apr 2019 #5
You want to know why? gratuitous Apr 2019 #7

TwilightZone

(25,471 posts)
2. Again?
Mon Apr 22, 2019, 12:32 PM
Apr 2019

First, it was reported he withdrew, then he released a statement saying he wasn't.

He's out (again)? Is he sure this time?

MineralMan

(146,317 posts)
4. Appointus Interruptus?
Mon Apr 22, 2019, 12:46 PM
Apr 2019

That's not a reliable form of contraception. Risky business...oh, wait...never mind...too late, dammit!

gratuitous

(82,849 posts)
7. You want to know why?
Mon Apr 22, 2019, 06:38 PM
Apr 2019

Cain didn't want to take a pay cut:

No Sacrifice Too Great in Service to the Country - Unless You're Talking about Money

Embattled Federal Reserve pick Herman Cain says he is withdrawing his name from consideration for a seat on the bank's powerful board of governors for a simple reason: He doesn't want a pay cut.

* * *

"Without getting too specific about how big a pay cut this would be, let's just say I'm pretty confident that if your boss told you to take a similar pay cut, you'd tell him where to go," Cain wrote.

Salaries of board members are set annually by Congress. For 2019, Cain would have received a yearly salary of $183,100. The Fed chair and the vice chairman are paid $203,500.


What a mealy-mouthed little coward.
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