Cain: Not rich? No job? Blame yourself
October 5th, 2011
04:33 PM ET
3 years ago

Cain: Not rich? No job? Blame yourself

(CNN) – If you're dissatisfied with the economy, or unemployed, Herman Cain thinks you should take a long, hard look in the mirror.

In an interview with the Wall Street Journal posted Wednesday, the up-and-coming GOP 2012 contender and former CEO of Godfather's Pizza summed up his bewilderment about recent demonstrations on Wall Street.

"Don't blame Wall Street," Cain said. "Don't blame the big banks. If you don't have a job and you're not rich, blame yourself."

The conservative radio talk show host described the protests as "planned and orchestrated to distract from the failed policies of the Obama administration, though he admitted he didn't "have the facts to back this up."

Demonstrators have gathered to protest big banks during the "Occupy Wall Street" movement, but their grievances don't end with the economy. The protesters, mainly youth in their twenties, have addressed issues from police brutality to union busting, although they are also upset with the war in Afghanistan, the environment, and the state of the world in general.

The "Occupy Wall Street" movement has also drawn support from unions.

But for Cain, the demonstrations simply amount to "anti-capitalism."

Allowing the banks had a "big part" in the 2008 economic crisis, the candidate, who's known for his bombast and has been rising in national polls pointed out, "We're in 2011, okay?"

"When I was growing up I was blessed to have had parents. That didn't teach me to be jealous of anybody and didn't teach me to be jealous of somebody," Cain explained.

"It is not a person's fault because they succeeded. It is a person's fault if they failed. And so this is why I don't understand these demonstrations and what is it that they're looking for."

Cain spokesman JD Gordon declined to add a comment on the candidate's interview.

Also see:

State of the Race without Christie

Romney picks up new backers

Perry brings in $17 million in third fundraising quarter


Filed under: 2012 • Economy • Herman Cain • Jobs • Wall Street
soundoff (328 Responses)
  1. oscar

    You want a job? : Stop sending jobs to India and China Let's make it here and consume it here Yes we can!!

    October 5, 2011 09:34 pm at 9:34 pm |
  2. Anonymous

    I have had an employment ad for a job posted for two weeks now on a major employment site. The pay is very good, middle class wage for a good job with good benefits. To date I have received 4 applications. Very surprised, I asked some friends only to find this is not unusual at the companies they work for. Cain is right. From what I am seeing there are many complaining and spouting off, but few that really want to work.

    October 5, 2011 09:34 pm at 9:34 pm |
  3. Democrat Class Warfare - Destroying the economy, destroying the country

    This guy is great! He tells it like it is. Of course all the losers don't want to hear the problem is THEM because of course they are victims of the greedy, or the "rich" or "the man". These leeches are an embarrassment to our society. Suck it up, get a job, start working on getting your life in order and on the right track. It is NOT government's job to do it for you. And it is not MY job to PAY for you while you sit around, whine, complain and suck up my tax dollars.

    October 5, 2011 09:39 pm at 9:39 pm |
  4. Watching from the Outside-In

    Does Mr. Cain actually live in the United States? A man who came from simple roots and strived to be better.

    Mr. Cain, it's not the same America any more.

    October 5, 2011 09:40 pm at 9:40 pm |
  5. Cogito

    Cain "doesn't have the facts" to back up his statements, much like Kyl's remarks on the floor "[weren't] meant to be factual statements.
    That about sums up the entire rhetoric of the Republican party at this point.

    October 5, 2011 09:40 pm at 9:40 pm |
  6. Midwestmatt

    No job? Not rich?

    Then evidently you didn't get bailed out by TARP money granted to the U.S. by Congress while Bush was in office.

    Sorry Cain, you will NEVER be POTUS. You are vaguely qualified and oddly bitter.

    October 5, 2011 09:40 pm at 9:40 pm |
  7. MarineDad05

    Mr. Cain is big oaf.

    It's not enough to be rich, and productive, one also needs class. I am surprised, for all his wealth Cain might have bought some class.

    He are some rich and successful people, Mr. Cain - Steve Jobs (who just passed away), Warren Buffet, Bill Gates... and they have class.

    While at this, Mr. Cain needs to seriously go back and read Econ 101.

    Every economy has what economists call 'voluntary unemployment'. It makes up very tiny percent of the unemployment. The rest is made of demand/supply of labor, capital investments, market demands, innovations , and a host of other factors, and NOT one of these has to do with 'laziness'.

    October 5, 2011 09:41 pm at 9:41 pm |
  8. Robert

    Spoken like a true CEO. Park your rear end in a big chair in a cushy office and tell everyone they're not working hard enough while you cut their pay and benefits eventually laying them off to move more jobs overseas in search of free labor. Take your candidacy and shove it. Go back to hassling kids who work at pizza parlors. We're not buying it.

    October 5, 2011 09:42 pm at 9:42 pm |
  9. Phillydan

    Anyone that believes that WS isn't to blame for our current economic situation, needs to take a seat in the Hall of Morons!

    October 5, 2011 09:42 pm at 9:42 pm |
  10. Kern Huerta

    I was all for the supporting you Mr. Cain. I really like you're 999 plan. I am participating in Occupy Humboldt State University and we are standing in solidarity with Occupy Wall Street. I take offense at you're uninformed assumptions about this people's revolution. You lost my vote and I have lost my faith in the Republicans.

    October 5, 2011 09:45 pm at 9:45 pm |
  11. azmary

    I am pretty sure making assumptions about motivation with no facts to back up that assumption is not the best way for a leader to act. It gets one into all kinds of problems. Maybe Mr. Cain should take a few minutes to check facts before making statements that don't make much sense. If he thinks people don't want to work, maybe he should visit with people who wait in the long lines just for the possibility of applying for a job. Many have done this numerous times, and still no luck. As far as being rich goes, many people who skrimped and saved all of their lives saw nearly every penny they had for retirement lost because of banks treating their savings as if it were the bank's for gambling in high stakes poker games.

    October 5, 2011 09:48 pm at 9:48 pm |
  12. Xena Peel

    Can you say "Dead Man Walking." He just lost the election.

    October 5, 2011 09:53 pm at 9:53 pm |
  13. Lalo Hopscotch

    Wow so this insensitive clod is going to save and fix the economy? I am souring on this group of GOP candidates. Barack is not doing great, but he is not insensitive.

    October 5, 2011 09:54 pm at 9:54 pm |
  14. Anonymous

    There goes his chance.

    October 5, 2011 09:59 pm at 9:59 pm |
  15. James

    "Allowing the banks had a "big part" in the 2008 economic crisis, the candidate, who's known for his bombast and has been rising in national polls pointed out, "We're in 2011, okay?"

    "When I was growing up I was blessed to have had parents. That didn't teach me to be jealous of anybody and didn't teach me to be jealous of somebody," Cain explained.

    "It is not a person's fault because they succeeded. It is a person's fault if they failed. And so this is why I don't understand these demonstrations and what is it that they're looking for."

    Cain spokesman JD Gordon declined to add a comment on the candidate's interview."

    Yeah, I'd decline to comment too if I'd just listened to that gibberish and realized I was fronting the mentally ill.

    October 5, 2011 10:00 pm at 10:00 pm |
  16. Peter

    Cain, being a CEO, seems to see the world through the eyes of a CEO. Personally, there are very few CEOs who live in the real world once they become CEOs. Lots of limos, expensive meals, expensive vacations, exclusive rich friends, housekeepers, cooks, etc. Do these folks really understand average people and what they go through?

    October 5, 2011 10:02 pm at 10:02 pm |
  17. Reason

    Cmon "Wow" You know full well that the party of Lincoln aint even CLOSE to the republican party of today. You know that. You are just, as most republicans are want to do, talking clean out of your rear. As for the rest of you blame the victim "too bad for you" crowd (a mentality that is simply baffling to me) we know who did this, we know EXACTLY who is to blame. Wall Street. Wall Street flushed our economy down the toilet, ran crying to washington, were handed an unprecedented, no strings attached, tax payer funded, 700 billion dollar bailout, and proceeded to go right back into the SAME EXACT PRACTICES that got us in this mess in the first place. They have done NOTHING to help the country that so generously helped them. They have been making a killing while the rest of us have been suffering. These are the facts. They are the reason we are in this mess, and we are only asking that they be held accountable, and that the scales, that are so rediculously out of balance, be righted again.

    October 5, 2011 10:02 pm at 10:02 pm |
  18. rp1

    Mr. Cain shouldn't group everyone who doesn't have a job together. I know many guys who try really hard everyday for a job. They are all hard workers many have worked for me before.

    October 5, 2011 10:13 pm at 10:13 pm |
  19. rainman015

    Hey Cain....100 million people want good jobs....you got a 100 million jobs?

    October 5, 2011 10:15 pm at 10:15 pm |
  20. Kevin Cantu

    Oh we can blame the banks Mr. Cain and the manipulators as well. You rich guys and gals don't like it well too damn bad. We didn't like that fact that the TOO BIG TO FAIL BANKS got a bail out and don't tell me it was the poor and middle class who put us in this position. There is class warfare going on in this country and it was brought on by the Greedy 1% and their bottom line. You want to run the government in your favor... well expect a backlash, you want to cut spending in this country but increase spending over seas on two wars...then expect backlash. You want to move jobs overseas for cheaper labor...then expect backlash. I say bring on the demonstrations and we need an AMERICAN SPRING in this country to take it back from the Elite's in Washington D.C and Wall Street. I hope ANONYMOUS does indeed erase Wall Street form the internet on Oct. 10th. I for one will be cheering for it.

    October 5, 2011 10:19 pm at 10:19 pm |
  21. wendell

    Oh I'm sorry, because we failed at not padding your pockets over the last 20 years and because you made it easier for us to be crooks, its our fault?

    You politicians are all alike: ignorant and greedy.

    October 5, 2011 10:21 pm at 10:21 pm |
  22. Jeff

    What a truly terrible thing to say. Talk about out of touch.

    October 5, 2011 10:22 pm at 10:22 pm |
  23. Nuh uh

    Anti-Capitalism was bailing out the banks rather than letting them fail. But don't let the facts get in your way.

    October 5, 2011 10:23 pm at 10:23 pm |
  24. Kane Cain

    This is great news......more fuel for the Occupy Wall Street gang.

    October 5, 2011 10:24 pm at 10:24 pm |
  25. khawk

    Cain for President!!! He's 100% right on target. Nobody takes responsibility for themselves anymore. Its always someone else's fault. Republican's tend to be wealthier because they aren't quitters. They set a goal and work a plan to attain it. If you are a democrat who is truly looking for a better life, seek the advice of a wealthy Republican and work that plan until you hit your goals. You won't be disappointed. To start, read 2 books. Rich Dad, Poor Dad and The Wealthy Barber.

    October 5, 2011 10:27 pm at 10:27 pm |
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