Memoirs of the Cain Administration

Reporting on Politics and Policy.
Sept. 27 2011 2:59 PM

Memoirs of the Cain Administration

I'm reading Herman Cain's new campaign memoir, This is Herman Cain!*, and the big revelation... well, define "big," but Cain's robust defense of the Fed seems notable. He was a Fed governor in the 90s, and often has to push back against libertarian-minded Tea Partiers who want to (pace Ron Paul) End the Fed.

David Weigel David Weigel

David Weigel is a Slate political reporter. 

Most of the people who today are vociferous critics of the Federal Reserve system don't know what they are talking about... its critics claim that our money supply and the world's supply will self-regulate. No, they won't. They will not self-regulate, and you will have chaos.

Unrelatedly, I thought it important to highlight the closing chapter in which Cain imagines his thoughts on inauguration day.

- "Thirty days after taking office, I plan to convene a summit meeting of the heads of state and also the leaders of the opposition parties of our trusted allies."

- "White House personnel will be expected to have a copy of the Constitution of the United States nearby."

- "I have decided to sharply decrease the number of inaugural night balls. Instead, Mrs. Cain and I will host a series of celebratory occasions."

- "Once each month I plan to invite small groups of average citizens to join me for dinner and conversation."

- "I'm also giving thought on this, my first day in office, to resolving America's health care crisis, by replacing 'Obamacare' with 'Caincare.'"

- "Step one, just make a 10 percent across-the-board cut from everybody and write me the plan."

That's pretty much it. We close the fantasy in fine form:

Well, I'm just about at the elevator up to the family quarters. But bear with me just a minute more as I confirm who I am. It's obvious: I'm the president of the United States of America.

*This is the third campaign book of 2012 to have an exclamation point in the title, after Rick Perry's Fed Up! and Thad McCotter's Seize Freedom!

David Weigel is a Slate political reporter. 


The Juice

Ford’s Big Gamble

It’s completely transforming America’s best-selling vehicle.

Should the United States Grant Asylum to Victims of Domestic Violence?

The Apple Watch Will Make Everyone Around You Just a Little Worse Off

This Was the First Object Ever Designed

Don’t Expect Adrian Peterson to Go to Prison

In much of America, beating your kids is perfectly legal. 


How the Apple Watch Will Annoy Us

A glowing screen attached to someone else’s wrist is shinier than all but the blingiest jewels.


A Little Bit Softer Now, a Little Bit Softer Now …

The sad, gradual decline of the fade-out in popular music.

Is Everyone Going to Declare Independence if Scotland Does It? 

I Tried to Write an Honest Profile of One of Bollywood’s Biggest Stars. It Didn’t Go Well.

Trending News Channel
Sept. 12 2014 11:26 AM Identical Twins Aren’t Really Identical
  News & Politics
Sept. 14 2014 2:37 PM When Abuse Is Not Abuse Don’t expect Adrian Peterson to go to prison. In much of America, beating your kids is perfectly legal. 
Sept. 12 2014 5:54 PM Olive Garden Has Been Committing a Culinary Crime Against Humanity
Inside Higher Ed
Sept. 13 2014 8:38 AM “You’re More Than Just a Number” Goucher College goes transcript-free in admissions.
  Double X
The XX Factor
Sept. 12 2014 4:05 PM Life as an NFL Wife: “He's the Star. Keep Him Happy.”
  Slate Plus
Behind the Scenes
Sept. 12 2014 5:55 PM “Do You Know What Porn Is?” Conversations with Dahlia Lithwick’s 11-year-old son.
Sept. 14 2014 11:44 PM A Little Bit Softer Now, a Little Bit Softer Now … The sad, gradual decline of the fade-out in popular music.
Future Tense
Sept. 12 2014 3:53 PM We Need to Pass Legislation on Artificial Intelligence Early and Often
  Health & Science
New Scientist
Sept. 14 2014 8:38 AM Scientific Misconduct Should Be a Crime It’s as bad as fraud or theft, only potentially more dangerous.
Sports Nut
Sept. 12 2014 4:36 PM “There’s No Tolerance for That” Pete Carroll and Jim Harbaugh say they don’t abide domestic abuse. So why do the Seahawks and 49ers have a combined six players accused of violence against women?