On June 8, 1978, the
LDS Church's First Presidency released an official declaration which would
allow "all worthy male members of the church [to] be ordained to the
priesthood without regard to race or color.
It
can’t be because Cain isn’t qualified, Cain was chairman of the Federal Reserve Bank of Kansas City Omaha Branch from 1989 to 1991. He was deputy
chairman, from 1992 to 1994, and then chairman until 1996, of the Federal
Reserve Bank of Kansas City.
Sen.
Mitt Romney (R-UT) was among one of the earliest Republicans to come out against
Cain, saying he worries Cain’s presence would make the Fed a more partisan
body, given the former executive’s longstanding political support for Trump.
Romney argued last week that Cain would likely help Trump fulfill his plans to
slash interest rates and harm the independence of the institution guiding
America’s monetary policy.
What Romney is saying is that he’s for higher
interest rates that stifle entrepreneurship and the middle class from home
ownership.
