Herman Cain: 'We've got to beat Mitt Romney's money, not Mitt Romney'
June 6th, 2011
01:44 PM ET
12 years ago

Herman Cain: 'We've got to beat Mitt Romney's money, not Mitt Romney'

(CNN) - Republican presidential candidate Herman Cain said he perceives Mitt Romney's well-funded campaign as more of a threat than the man himself, according to The Daily Caller.

"We've got to beat Mitt Romney's money, not Mitt Romney," the radio talk show host said in an article published Saturday.

Both candidates have business credentials they argue bolster their candidacies heading into a presidential race that will focus largely on jobs and the economy. Romney, a successful businessman founded Bain Capital, a private equity firm. Cain is former CEO of Godfather's pizza.

"I don't think his business background is any more impressive than mine," Cain said. "He just happens to have a deeper war chest and you can do a lot of things in terms of hiring staff, putting together programs, so we just basically have to work smarter with the dollars we will raise."

Romney's political action committee, Free and Strong America, has raised millions of dollars since 2009, according to federal records and his PAC.

The Cain camp is raising money through traditional fundraisers and online donors but hasn't reached figures that are high enough to counter the deep pockets of Romney's campaign.

Results of a recent CNN/Opinion Research Corporation survey show 15 percent support for Romney, the former Massachusetts governor who announced his candidacy for president last week. Sarah Palin, who has not announced that she will enter the race, came in at 13 percent. Cain trailed behind at ten percent.

Cain had more welcoming words for potential 2012 GOP contender and fellow Tea Party figure, Sarah Palin.

Cain told CNN on Sunday he is flattered about coming close to Palin in recent polls. "I think that makes a statement about how hard we have been working," Cain said. "To be up there with Sarah Palin while only having one-third the name ID, we got to feel pretty fantastic about that."

"If she decides to enter the race, I think that is going to be good for the race," Cain said.

- On Monday, June 13, CNN will host the first New Hampshire Republican Presidential Debate, live from Manchester, NH at 8 p.m. ET. Follow all the issues and campaign news leading up to the debate on CNNPolitics.com and @cnnpolitics on Twitter.

Filed under: 2012 • Herman Cain • Mitt Romney • Sarah Palin
soundoff (21 Responses)
  1. pit boss

    he won't win and we all knowwhy

    June 6, 2011 01:57 pm at 1:57 pm |
  2. Jamie from Riverside

    Beat his money but not him....whatever that means. This guy sounds like he's been hanging out with Sarah Palin.

    June 6, 2011 01:58 pm at 1:58 pm |
  3. Republican Robber Baron

    Sounds rather ironic coming from another elitist millionaire CEO. Same old same old with the Republican infatuation with selecting out of touch Robber Barons to represent their party.

    June 6, 2011 01:58 pm at 1:58 pm |
  4. Dominican mama 4 Obama

    The American flag is NOT a good backdrop for you Herman. Hint, hint. Fading into the background, literally, is NOT a good thing if you are running for the Presidency.Just saying.

    June 6, 2011 01:58 pm at 1:58 pm |
  5. Rudy NYC

    I think Cain is currently the most likely 'official' candidate to "be the beast" that the hard right wants in a candidate. He could also prove to be the most formidable opponent to Obama should the economy detoriorate into a double dip. Mr. Cain's biggest impediments seem to be his unproven foreign policy experience and lack of experience in an elected office. The more we learn about him when he speaks freely (he won that debate a couple months back, remember) the more he hurts his chances.

    June 6, 2011 01:59 pm at 1:59 pm |
  6. The Day of Financial Reckoning is HERE - The Great Democrat Welfare Society Ends

    Sounds like Herman Cain is trying to get the cash flowing into HIS campaign. He can't expect to be on the same footing as someone who has run before and has an established base. But he is doing pretty good for a new comer.

    He would have made a better first black President than our current failure. Obama's lack of experience might trickle down to Herman Cain and hurt his chances. The country already gambled and lost big on an inexperienced community organizer.

    June 6, 2011 02:06 pm at 2:06 pm |
  7. king

    aahhh herman herman herman, what side of the rail road tracks you stumbled from. first of all where did you repugs got your voodoo economics from you guys are trying like hell to take consumer confidence slap out of the economy, and make it so bad you guys are succeeding. you want to take government out of the economy so bad, thats why dow jones dropped 900 points in one day because you guys refuse to aprove Tarp in congress. shut your eyes now imagine if you guys controlled the three braches of the federal government. we are living in a total different age now herman we are not in a closed economy such as we enjoyed back in the days. we are in a global economy, and reality is americans wont settled down for the money that third world countries and china are willing to take. so that leaves us at a way worst off advantage. we need the government to help sustain our standard of living so we dont lose our middle class, which are keeping the housing markets, transportations and highend items markets alive, because the poor cannot afford them, unless we lose all the big corporations we got. stop talking repugs talking points and look at reality for a second, that trikle down stuff wont work.

    June 6, 2011 02:11 pm at 2:11 pm |
  8. Joe from CT, not Lieberman

    Gee, Cain, are you that cheap or that unpopular? This is a big money game, just like Major League Baseball and running a franchise Pizza business. If you can't come up with the money you need to play the game, perhaps you should sit at home and let the adults hash it out. Romney has been serious about running for president since GWB's reelection in 2004. That means he has had the time to develop a PAC capable of raising the money he needs to fund his war chest. Don't expect him to not use it to get his message across. That means you must do the same, otherwise you will wind up another also-ran like Romney's father, who entered the 68 race too late and too underfunded.

    By the way, while we are at it, please ditch the race-card accusations about the media giving Obama all the breaks while you have to fight for microphone time. It may have more to do with your lack of message than anything else. Guys like you, Trump and other Rich Dudes think running a government is just like running a business. In one sense, it it, because you have to figure out how to get your income and how to spend what you take in (known in business as a Zero-Sum game, remember ECO 101 where they taught that?). You do not have the right or the power to hire and fire as you please. You need to submit pretty much everyone's name to the Senate for their approval (good luck if any of them have a record of dissing even a junior senator at a hearing). If you want someone out, you can only ask for their resignation. If they tell you to pack sand, there is nothing you can do about it except live with an obstructive Secretary of Whatever.

    So if you want to be taken seriously by the White, Conservative, Christian, Fox-News-Watching, Tea-Party Republicans who not control the nomination, you had better give them something better than playing the victim. In today's Republican party that only works for Sarah the Quitter.

    June 6, 2011 02:12 pm at 2:12 pm |
  9. GOP-Tea Party Radical Social Engineering to Kill Grandma Medicare

    Mitt Romney business background is OUTSOURCING JOBS to CHINA & INDIA while shutting down businesses in America!

    Ask Mitt Romney and he will gladly tell you himself!...Mitt Romney is only running to double down on what he knows how to do best: OUTSOURCE AMERICAN JOBS!!!

    June 6, 2011 02:13 pm at 2:13 pm |
  10. Joe from CT, not Lieberman

    OOPS, last paragraph was supposed to say "now" not "not"!

    June 6, 2011 02:14 pm at 2:14 pm |
  11. gt

    if this is the best the gop has...look for a dark horse .... christie or ryan in the fall... cain .. are you kidding me...ugh..

    June 6, 2011 02:23 pm at 2:23 pm |
  12. Snow

    More than that, we have to defeat that sorry clown currently in the White House.

    June 6, 2011 02:24 pm at 2:24 pm |
  13. Bill from GA

    All I've heard from any of the repugs is that they will cut taxes some more, further deregulate business, and pee on Obama's leg. (OK, I made up that last part.)

    Whatever they do, it has to pass the Gods of the Right at fox.

    June 6, 2011 02:28 pm at 2:28 pm |
  14. Jen

    Shut up Already and go make some pizza's

    June 6, 2011 02:30 pm at 2:30 pm |
  15. Rudy NYC

    Mr. Cain, here's my advice to you. Demonstrate a talented message. Money follows talent. That was the secret to Obama's 2008 campaign. If you are made of the right stuff, people will recognize it and buy it. You are overdue on giving the voters a message or concrete solutions. Anger does not win elections, intellect and vision win elections.

    June 6, 2011 02:39 pm at 2:39 pm |
  16. Ken, AZ

    Sure both men have a business background, but neither of them generated jobs. Romney raided companies, sold off the assets, and what he didn't downsize he outsourced. If mitt was so good at creating jobs, then why did his state rank 48th in job creation when he was governor? And Cain, only generated minimum wage jobs, most only part-time jobs. So neither is qualified to be president based on their business experience.

    June 6, 2011 02:40 pm at 2:40 pm |
  17. GOP = Greed Over People

    "If she decides to enter the race, I think that is going to be good for the race,"

    Bad for the country, but fortunately, the grizzly grifter is not going to let go of that fat Fox contract to run for any office.

    June 6, 2011 02:43 pm at 2:43 pm |
  18. C. Howe Yulikit

    The Presidency is not an entry level position, Herm.

    June 6, 2011 02:49 pm at 2:49 pm |
  19. kakaraka

    So running a small pizza business qualifies you to be the President of the United States, the world's most powerfull man on earth? Really? These people are making me laugh all day long....

    June 6, 2011 02:59 pm at 2:59 pm |
  20. bb

    Save it Herminator – Neither one of you have a chance of winning.

    June 6, 2011 03:03 pm at 3:03 pm |
  21. kayla

    dream on herman monster, maybe in another 40 yrs for another black president.

    June 6, 2011 03:20 pm at 3:20 pm |