Herman Cain: The Fed needs to be more aggressive


YEARS BELOW THE 10-YEAR, JOHN, I WILL GET TO YOU IN A SECOND, I WANT TO GET TO HERMAN CAIN, HERMAN, YOU’RE A BUSINESSMAN, YOU WERE AT LEAST — YOUR FLAME WAS BEING THROWN OUT THERE AS BEING ON THE FEDERAL RESERVE BOARD, WHAT DO YOU MAKE OF THIS MARKET AND THE ECONOMY AT THIS POINT?>>FIRST OF ALL, GLOBAL ECONOMY IS COMPLEX AND I DON’T RECOMMEND ANYONE REACTING TO ONE SINGLE METRIC, BUT WHAT I BELIEVE THAT ALL OF THESE METRICS AND ALL OF THE MOVEMENT AND THIS INVERSION IT SUGGESTS THAT THE FEDERAL RESERVE SHOULD ACT SOONER RATHER THAN LATER, THEY HAVE A HISTORY OF ACTING LATER THAN SOONER, BEFORE THINGS GET REALLY, REALLY BAD I BELIEVE THAT THEY SHOULD BE MORE AGGRESSIVE, THAT’S WHAT IT SAYS TO ME AND IF I WERE ON THE FEDERAL RESERVE BOARD, THIS IS WHAT I WOULD BE SCREAMING TO THE REST OF THE FEDERAL RESERVE BOARD GOVERNORS.>>HERMAN, THIS IS KRISTIN ANDERSON FROM THE WASHINGTON EXAMINER, YOU KNOW, IN ADDITION TO THE ISSUES REGARDING INTEREST RATES AND WHAT THE FED SHOULD DO, YOU ALSO HAVE THE ISSUE OF TRADE MOVING OUT THERE WITH EVEN WITH TODAY, LOOK, WE ARE GOING TO SUSPEND SOME OF THE TARIFFS ON CHINA FOR A COUPLE OF MONTHS STILL TRADE DISPUTE WITH CHINA IN PLACE AS WELL AS QUESTIONS ABOUT WHETHER USMCA WILL GET PASSED. WHAT IS YOUR OUTLOOK FOR WHETHER THIS ECONOMY A YEAR FROM NOW WILL, YOU KNOW, WE KNOW THAT THE PRESIDENT RIGHT NOW DOES PRETTY WELL IN POLLS WHEN ASKED ABOUT HOW THE ECONOMY IS DOING, WHAT’S YOUR OUTLOOK FOR POLITICAL IMPLICATIONS FOR ALL OF THIS LOOKING FURTHER DOWN THE ROAD?>>I DON’T BELIEVE WE WILL BE IN A RECESSION A AREA FROM NOW, I REALLY DON’T, SECONDLY, WHAT THE PRESIDENT IS DOING IS NEGOTIATING WITH CHINA, CHINA HAS BEEN A DIFFICULT FOR YEARS, THEY HAVE GONE BACK ON SOME OF THEIR AGREEMENTS, BUT CHAOS, WE HAVE SEEN IN HONG KONG, IT’S NOT ABOUT AIRPLANES, IT’S ABOUT A 1997 AGREEMENT WITH THE CHINESE COMMUNIST GOVERNMENT THAT THEY MADE WITH THE UNITED KINGDOM AND THAT CHINESE COMMUNIST GOVERNMENT WENT BACK AND BROKE IT. THAT’S WHAT THE DEMONSTRATIONS ARE ALL ABOUT AND WHAT THE PRESIDENT IS DOING, HE’S DEMONSTRATING THERE’S A NEW SHERIFF IN TOWN. WE PREVIOUSLY HAD HAD TOO MANY PRESIDENTS AND TOO MANY ADMINISTRATIONS THAT WOULD JUST ROLL OVER WHENEVER CHINA WANTED TO DO SOMETHING, HERE IS ONE OTHER POINT, BUSINESS PEOPLE WILL ADJUST TO THESE VARIATIONS AND PRICES WHETHER THEY ABROAD OR HERE AT HOME. THAT’S WHAT THEY DO, THEY ADJUST, I’M NOT THAT CONCERNED THAT THIS WILL SPIRAL OUT OF CONTROL. DAGEN: POLITICALLY HERMAN, YOU RAN FOR THE REPUBLICAN PRESIDENTIAL NOMINATION, THE PRESIDENT IS IN A TOUGH SPOT AND I WANT TO BRING KRISTIN BACK IN HERE BECAUSE, AGAIN, THE AMERICAN VIEW OF CHINA HAS — HAS WORSENED, 60% OF AMERICANS HOLD NEGATIVE VIEW ON CHINA AT THIS POINT UNFAVORABLE OPINIONS HITTING 14-YEAR HIGH, THEY SEEM TO BE BASED ON THE PEW RESEARCH POLL WITH THE PRESIDENT, BUT IF THE ECONOMY WEAKENS GOING INTO A PRESIDENTIAL YEAR, THAT LEAVES HIM IN A VICE?>>I THINK IT WILL LEAVE HIM IN A VICE BUT HERE IS THE THING, I BELIEVE THAT THE AMERICAN PEOPLE REFLECTING THE STATISTICS YOU GAVE ABOUT BEING MORE UNFAVORABLE TO CHINA, THEY ARE FIGURING CHINA’S MODUS OPERENDI, WHAT THE PRESIDENT IS DOING LEVERAGE TRADE TALKS MAYBE TO GET 3, 6 OR 12 MONTHS FROM NOW, THAT I BELIEVE THE AMERICAN PEOPLE SEE WHAT’S GOING ON AND THEY ARE ON HIS SIDE, MANY OF THEM KNOW THAT HE HAS TO PLAY HARDBALL WITH CHINA IF WE ARE EVER GOING TO GET ANYTHING AND IN THE PAST WE’VE NEVER GOT ANYTHING SUBSTANTIVELY. DAGEN: HERMAN, I WANT TO BRING KRISTIN, KRISTIN IN HERE ABOUT THE PRESIDENT HAS — HE HE IS A MASTER AT COMMUNICATION, LIKE IT OR NOT, AND THE PRESIDENT HAS BEEN SINCE LAST YEAR REALLY SETTING UP JAY POWELL AT FAULT, DOES THAT WORK?>>OVERALL PRESIDENTIAL JOB APPROVAL NUMBERS ARE BY THE STRONG ECONOMY, IF WE GET TO A YEAR FROM NOW AND THE ECONOMY IS NOT DOING AS WELL, WHAT IMPACT DOES IT HAVE ON HIS REELECT AND BY BEING ABLE TO SAY, LOOK, PEOPLE ALWAYS GIVE PRESIDENTS MORE CREDIT AND MORE BLAME FOR THE STATE OF THE ECONOMY THAN PROBABLY WARRANTED BUT BY BEING ABLE TO SAY, LOOK, IT’S THE FAULT OF CHINA, IT’S THE FAULT OF CONGRESS, IT’S THE FAULT OF THE FED THAT THE ECONOMY IS NOT DOING WHAT IT SHOULD BE, DON’T LOOK AT ME, LOOK AT THEM, HE’S TRYING SET UP A SITUATION WHERE HE CAN DIVERT BLAME FOR SOME BAD ECONOMIC NEWS IF THAT’S WHAT WE ARE LOOKING, 12, 18 MONTHS FROM NOW. DAGEN: HERMAN, YEAH, CONTINUE.>>I WANTED TO ADD ONE OTHER POINT TO WHAT SHE JUST SAID. DAGEN: YES, SIR.>>POLITICALLY, THE PRESIDENT HAS BEEN BEAT UP, CHALLENGED, LIED ON IN EVERY WHICH WAY YOU CAN FROM A POLITICAL STANDPOINT BUT HERE IS WHY I BELIEVE THAT THE AMERICAN PEOPLE ARE HANGING IN WITH THE PRESIDENT, HE JUST CONTINUES TO DO HIS JOB AND PEOPLE SEE THAT. I BELIEVE THAT THAT’S ONE OF HIS GREATEST ASSETS, HE IS NOT DETERRED OR SLOWED DOWN BY ALL OF THIS RHETORIC AND ALL OF THESE ATTACKS THAT ARE COMING FROM THE PRESIDENTIAL DEMOCRATIC WANNA-BES AS WELL AS ELECTED DEMOCRATS. DAGEN: I WANT TO ASK YOU THIS HERMAN, THE NFL AND SOCIAL JUSTICE, THE NFL HAS — IS BRINGING ON JAY Z TO SMOOTH OVER ISSUES REGARDING SOCIAL JUSTICE AND EXPAND THE NFL’S ENTERTAINMENT OFFERINGS LIKE MAKING THE HALF-TIME SHOW BETTER, I WOULD SUGGEST NEVER, EVER HAVE MAROON 5 BACK, THAT’S COMING AFTER THE ANTHEM PROTESTS FROM COLIN KAEPERNICK, WHERE DOES THIS GO FROM HERE, YOU THINK?>>I THINK THAT YOU HAVE TWO DIFFERENT CULTURES, YOU HAVE THE CULTURE OF THE NFL ORGANIZATIONS AND THE PLAYERS THAT MAY BRING TENSIONS THAT MOST OF US DON’T EVEN KNOW ABOUT, THEN YOU HAVE THE GENERAL PUBLIC, WE DON’T SEE ALL OF THIS STUFF THAT MAYBE THEY ARE FEELING AND SEEING OTHER THAN SEEING PEOPLE THAT WANT TO KNEEL DURING THE NATIONAL ANTHEM, SO JAY Z’S IMPACT, I CAN’T PREDICT WHETHER IT’S GOING TO BE POSITIVE OR NEGATIVE AND FOR THE NFL ORGANIZATIONS AND NFL TO SAY THAT WE WANT TO DO A BETTER JOB AT HALF TIME SHOWS AND ENTERTAINMENT AND ALL OF THAT, SOBEIT, YOU KNOW, IT DOESN’T IMPACT THE GENERAL PUBLIC, THE GENERAL PUBLIC STILL WANTS TO KEEP POLITICS OUT OF SPORTS, THAT’S HOW WE RELAX, THEY WANT TO JUST KEEP IT OUT. HERE IS AN IMPACT I REALLY CAN’T

100 Replies to “Herman Cain: The Fed needs to be more aggressive

  1. You people are idiots. Given the choice of Trump or those lousy give away everything dems there is no choice. Trump wins.

  2. If markets don't go up and down you can't call it a market. You have to pay attention by getting in and getting out. There has to be losers to create winners. Once again, IT'S A MARKET

  3. BUSINESS people keep investing Americans MONEY FROM the stock market, KEEP GETTING breaks in TAXES FROM our government, their CEOS get enormous SALARIES and the inventors GET
    Bread CRUMBS

  4. This brother's been around. He knows the game in maintaining the strength of morality against those who would tear it down in a heartbeat, who think to themselves: Hey, I won't be around when my greed leaves its wake behind.

  5. How many times did Bill Clinton meet with Andrea Mitchell's husband I mean Barbara Walters ex-lover Alan Greenspan

  6. So, the economy is not doing well? Not doing that well huh. Otherwise why would we need to lowering interest rate?

  7. It will collapse no getting around it. The fed was set up in this way. What Trump is doing is creating a economy that runs along side the fed economy. That's why he brought the economy up so fast and got people off gov assistance. That's why he's renegotiating the bad trade deals. That's why he's calling out the fed everyday. It's to bring them into the spotlight where they don't want to be. The system was always suppose to collapse. Dems helped it along the way. Trump will be going back to the gold standard and our debt economy will be done. Trump is brilliant folks and only he could have pulled this off. Those out there complaining about the fed needs to be more aggressive are the bad guys. Remember who brought the fed into the U.S. Woodrow Wilson dem. Also remember that the fed not only has America deep in debt but the whole world as well.

  8. La posición geográfica de México pieza clave para la Victoria Rusa y China. .. . . . .. . …. . . … … . …. . . .
    Atte Iván Alejandro Cortés Aceves

  9. La derrota de EEUU es inevitable.
    La posición geográfica de México pieza clave para la Victoria Rusa y China. .. . .. . . …. . .. . . . . … . . …. .
    Atte Iván Alejandro Cortés Aceves

  10. Looser Jay Z 🤣🤣🤣😂😂😂😂 wat alooser that the last dude i will ask for peace keeping why would i trust this losser Left Black men this whole Left shhh is A joke 😂😂😂 Jay Z the Looser is going to keep america safe 😂😂🤣🤣

  11. Mr. Trump is doing a great job . If any human that has a chance in solving Homeless suffering in America it would be now.

  12. Trumpty Dumpty's economy blowing up as I type ( low interest rates, low wage jobs…..which would mean better employment #'s BTW if he wasn't a BIG Anti Latino racist…..WE ALL KNOW WHITE AMERICANS DETEST THOSE JOBS ANYWAY SO HE CAN ORDER THE GESTAPO ICE TO RAID IN INBRED MISSISSIPPI, light industrial manufacturing that relocate and pickup on short notice ) YOU'VE BEEN MADE…..BY ME LOL!!!! when's Nigel Farage gonna visit Mississippi again ( bet he was in a hurry to get the hell outta there during the 2016 campaign…LOL!!! ) he probably felt like London and Paris during Oliver Twist or Les Miserables in real life…..BAAAAAHAAAA!!!

  13. As for me I will never go to another NFL GAME AGAIN / I am a proud Marine that served in the Vietnam war and I will never support another NFL game and you can take this to the bank.. !!

  14. Trump blames everyone else except himself.. trump plays with the economy. His disastrous trade war with China hasn't resulted in any results. What's happened is that trump has destroyed the farmer's in the Midwest. Trump thinks he's the expert on everything. He went bankrupt several times in private life.. what does that tell you? He's incompetent when it comes to business. unfortunately this affects all of us. Our 401K are losing money.

  15. Any conservative worth their salt would be outraged that Trump is taking us into debt to the tune of a trillion dollars this year to prop up the economy to make it look real.

  16. Jay Zee WHO?? OHHHHH, the Jay Zee who thought he had enough weight to help Clinton win ? Silly me, how could I forget that?

  17. Jay Zee WHO?? OHHHHH, the Jay Zee who thought he had enough weight to help Clinton win ? Silly me, how could I forget that?

  18. The best thing about taxing china is we will eventually start building more goods here, it will take time to get geared up but most manufacturing can return.

  19. How healthy is the U.S. economy?   The overwhelming consensus among experts is that the U.S. economy is slowing after a pretty hot 2018. But there’s heated debate over how fast it’s cooling. Some argue that by the end of this year the U.S. economy is likely to look and feel a lot as it did in 2016: decent but not great. Others say the nation is likely to slip into a moderate downturn akin to those in 1990 or 2001. (The White House is adamant that there’s no slowing).  The big risk is if corporate anxiety over the trade war, weak growth abroad and the slowing manufacturing sector causes businesses to halt hiring in the United States in coming months, a shift that would probably spook Main Street and cause the almighty American consumer to pull back on spending.  1. Manufacturing (red flag) — There has been a sharp deceleration in manufacturing in 2019. Hiring has flatlined after having one of its best years last year since the late 1990s. Output is slowing, and, especially alarming, manufacturing sentiment has tumbled to levels that almost signal a recession.  2. Trucking (yellow to red flag) — Nearly every good sold in the United States touches a truck at some point, which is why trucking shipment data can be revealing. After a stellar 2018, shipments have plunged during the past six months, according to the Cass Freight Index.  3. Business spending (yellow flag) — Business leaders are nervous, according to most metrics of sentiment in the corporate sector. But the question is how is that translating into decision-making? This year evidence is growing that companies are pulling back on investment spending.  The Fed can not help bad policies.

  20. Haven't watched an NFL game since players aligned with a has been short lived quarterback! No politics in sports! Miss the good natured rivalry in the NFL. So called social justice (do nothing make no difference) warriors have no place in professional sports!

  21. People, before you make such foolish statements, research what the fed does (needs to go) and about China’s currency manipulation (USA compensating).

  22. I’m just here to see if you nutjobs are blaming this looming Republican recession on Obama yet. Nope! You’re all listening to the Orange Cheeto and blaming the Fed instead of tariffs and the Ryan Tax scam. Idiots, every one of you.

  23. Dont worry people, I'm a rich SOB, and I will be ok. Trump is smarter than the generals and economists, no worries folks.

  24. Does anyone else remember talking about storming the airports on the 4th of July and everyone laughed lol and then Hong Kong happens, how did he know?

  25. THE FEDERAL RESERVE IS NOTHING FEDERAL ABOUT THEM! TERM IS LONG FINISHED! CLOSE THE FEDERAL RESERVE OR THEY WILL CONTINUE TO CRIPPLE US! FURTHER CLOSE THE IRS! WE DON'T NEED EITHER ONE! WE CAN FUND THE FEDERAL GOVERMENT FROM A SALES TAX!

  26. ABOLISH THE FEDERAL RESERVE! they are globalist elites that charge high % to US to use their own $$… BAD DEAL FOR AMERICANS

  27. YOu pretty talking heads do not get to decide that the economy is THE most important thing in this fight. Compartmentalize and take it out of context. Lefty Fox News dishing out the propaganda. The coming election is about more than you will talk about. Frazzled Fox and their frizzle headed beauties.

  28. The Fed cannot undo the BS Trump is doing. Trump tried to negotiate with China like they were his subcontractors. Trump threw tariffs all over the world and he has no allies and the Chinese know it. Xi Jinping is not going anywhere Trump is walking on economic glass. Trump threw out the Paris Agreement, TPP, the Six Nation Iran agreement, and his NAFTA deal is on life support. Trump has no allies, we need a real President.

  29. The Fed was actually ENGINEERING A RECESSION when they inappropriately jacked UP interest rates during the last 15 months. The only reason the Fed did this was to UNDERMINE TRUMP'S ECONOMIC PROGRAM. It should surprise nobody that the Fed is run by Deep State scoundrels. This is yet another of their many ways they've been scheming to derail Trump's presidency.

  30. People are smart enough to know that the market over reacts and corrects itself when sanity returns. President Trump is keeping his promises to the people and putting America first. America should strongly consider not doing business with communist China and other countries that do not care for their citizens and refuse to give them freedom to be self sufficient.

  31. Trumps MAGA-tard economy is going to implode. Guess who is going to get blamed for that. Yep, Trump and his supporters. Get ready tards.

  32. …from commentator to guest, everybody looks very nervous : ) Correction, If Dagen put this segment together, is evidence that she is….HAVING FUN : )

  33. Remind me what the NFL is again??? On second thought….. don't bother. So many other forms of entertainment.
    All I remember is…….. they sided with an arrogant IDIOT (they paid the cowardly price)
    Country before sports. Pat Tillman is turning over in his grave

  34. President Trump is NOT trying to divert blame on anyone!! He is trying to bring fairness to all american people with all that he can and this includes talking about the thieves in the federal reserve

  35. we buy 600 bil, sell 100 bil trade from China. so weak. we can't loose. can we not have a viable economy self-sufficient economy without China. smokem if you got em

  36. NFL team owners better start having all stand for the National Anthem or attendance could really drop MORE this year. Losing money… oh well… grow a pair.

  37. Herman Cain 2019- Cut rates to 0, but of course that alone won't be enough, print $10-15 trillion at least. Give it to the government so they can do nice things with it. Still, come out and call yourself a republican.

  38. Go trump because if trump wins 2020 democratic you should be ashamed of yourself for what you have done to the American people and you have done to this man president Trump and for what you have done to the supreme Cort juge

  39. Hey Fox,  dump the red-head mumbler.  Fox not permitting coments as to Epstein story–What's the fear?  that the listeners will read the coments (none believe the Fox narrative, now additionally that the security tape has been viewed–NOT SHOWN)??  He hanged himself with paper bedsheets fron two feet off the ground??

  40. Hey the president is not doing his job, he is taxing the public tariffs are tax paid by the importers then pass on the consumers and those are the American paying more for chipper goods.

  41. How is it we can print T-BILLS but not MONEY even though the right to do such is specifically outlined in the Constitution.. We're paying TRILLIONS for a PRIVATE ENTITY (FEDERAL RESERVE) to act as a clearing house or broker .. Every day we're reminded of the EVILS OF SLAVERY but SHACKLING EVERY AMERICAN(generations to come) WITH DEBT but that's morally alright.. Please explain HOW

  42. This guy can't have it both ways, he just said that the feds have a history of acting late and if he was in the feds he would be yelling react now.

    Then he says he doesn't think there is going to be a recession. What, does he think the feds are going to change all of a sudden?

    This guy is lying to us, hong kong is demontrating about their freedoms being taken away.

    Oh, he's right, business men will adjust to higher cost, they pass them on to customers.

  43. AMEN! HALLELUJAH!!!!!!!! GOD'S GOT TRUMP, DON'T FRET. YOU NEED TO GET FAITH, REPENT FIRST, LADIES!! AMEN HERMAN!!!

  44. Andy McCarthy may be a brilliant lawyer but his interpretation of Oakham's Razor (the simplest explanation) is wrong. In these circumstances, Oakham's Razor has to be that Epstein was murdered.

  45. The federal reserve needs to go! These few families that run the world need to be cut off. They are against our constitution.

  46. We don't want any more drywall from China letting their kids toys things that they make breakdown within the first 6 months of having it cheap garbage we don't need it we can build it in our country I wouldn't even bother with China no more

  47. The fact is Trump and the republicans have just set a record with a 867 billion dollar fiscal deficit Trump has bankrupted everything he's ever gotten his hands on. And I do mean everything. An airline, a beverage company, a casino which before Trump came along was considered a can't lose industry, a magazine, a mortgage company, a board game, a travel site, a online university, and a vodka company. And now he's got his hands on a country.

  48. Just curious, you guys really believe that it’s immigrants that took over jobs, but not because of automation and corporation greed that moved overseas?

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