GOP 2012: The hold-your-nose tracker

Herman Cain. His endorsement of pal Alan Greenspan’s Fed tenure shows too much trust for the central banking bureaucrats who helped inflate the housing bubble and who, like Naked Emperor Henry Paulson, engineered the era of endless bailouts.

For all his Tea Party cred and outside-the-Beltway status, Cain fell for the gun-to-our-heads, Chicken Little propaganda and supported TARP — vigorously — when America needed every consistent fiscal conservative voice possible to try and stop the predictable, all-purpose morphing of the bank bailout before it started.

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