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America needs a black man in the white house

Discussion in 'Free Speech Alley' started by SabanFan, Sep 26, 2011.

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SabanFan The voice of reason

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Here is a man who offers an alternative to Obama's class warfare. His life story shows that Obama's route to the top -- through affirmative action, community organizing, and a climb up the political ladder -- is not the only one available to minorities. His combination of hard work in the private sector, entrepreneurial initiative, and managerial skill can also get you there. He embraces the successful as role models not as objects of envy. He does not hate rich people. He wants us all to become rich.
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DickMorris.com

SabanFan, Sep 26, 2011

#1
red55 curmudgeon Staff Member

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There are skeletons in his closet . . .

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.

According to five lawsuits filed in federal court in 2004, Aquila's board of directors—which Cain joined in 1992—allegedly steered employees into heavily investing their retirement savings in company stock. At the same time, the company shifted its business model from straightforward energy generation to risky energy trading, an unregulated market made infamous by now-defunct Enron. The suits, later folded into a single, massive class action (PDF), alleged that Cain and top company officials violated a 37-year-old federal law requiring that employers manage employees retirement programs responsibly.

Founded in 1917 as Green Light and Power, Aquila traditionally made its money operating electric and gas plants and selling the energy they produced. In the years after Cain joined the board, Aquila's earnings climbed, from $254 million in 1995 to $351 million in 1998. Then, in early 1999, the company's leadership decided running power plants wasn't lucrative enough; energy trading and speculation had grown popular, and as the class suit lays out, Aquila wanted a piece of the action.

It was a dangerous move—as a company spokesman later put it, "the risk was huge." In the end, it proved disastrous. Aquila's decision to join Enron, Reliant Energy, and the other heavy-hitters in the energy trading markets would ultimately wipe out 94 percent of Aquila's stock value between 1999 and 2004.
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red55, Sep 26, 2011

#2
SabanFan The voice of reason

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red55 said: ↑

There are skeletons in his closet . . .
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So, you're a racist. :shock:

SabanFan, Sep 26, 2011

#3
red55 curmudgeon Staff Member

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SabanFan said: ↑

So, you're a racist. :shock:
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Yeah, I'm for the Irish guy, O'Bama. :rolleye33:

red55, Sep 26, 2011

#4
martin Banned Forever

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i have heard this guy speak and he seemed like an idiot

martin, Sep 26, 2011

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SabanFan The voice of reason

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martin said: ↑

i have heard this guy speak and he seemed like an idiot
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Obama? He is an idiot.:yelwink2:

SabanFan, Sep 26, 2011

#6
DoctorDave Guest

"There are skeletons in (Cain's) closet . . ."

Only matters to the biased media. It CERTAINLY did not hurt "Bones" Obama.

DoctorDave, Sep 26, 2011

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kluke Founding Member

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red55 said: ↑

There are skeletons in his closet . . .
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Skeletons depend on perspective. If you don't like someone they have skeletons, if you like them they have had tough situations that they learned from.
It’s universal IMO.

kluke, Sep 26, 2011

#8
SabanFan The voice of reason

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DoctorDave said: ↑

"There are skeletons in (Cain's) closet . . ."

Only matters to the biased media. It CERTAINLY did not hurt "Bones" Obama.
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It's funny how Obama's past associations with "shady" characters never spooked Red.

SabanFan, Sep 26, 2011

#9
lsu-i-like Playoff advocate

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I feel like Cain's understanding of issues isn't much deeper than Obama's and I'm afraid he'll be easily manipulated to make poor decisions that aren't well thought out. That said, I'd have to seriously consider voting for him if he were squaring off with Obama.

lsu-i-like, Sep 26, 2011

#10

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