- Text
Herman Cain to "Occupy Wall Street" protesters: Don't blame Wall St, blame yourself
As the "Occupy Wall Street" protests enter their third week and spread to cities across the country, Republican presidential candidate Herman Cain is expressing skepticism about the demonstrations.
"What do they want?" Cain asked when asked about the protests in an interview with the Wall Street Journal. "I don't have facts to back this up, but I happen to believe that these demonstrations are planned and orchestrated to distract from the failed policies of the Obama administration."
"Don't blame Wall Street, don't blame the big banks," he continued. "If you don't have a job and you are not rich, blame yourself!"
Cain said the banks were in part to blame with the 2008 financial crisis, but he said, "We're not in 2008 -- we're in 2011!"
The demonstrations "come across more as anti-capitalism," he added.
The Occupy Wall Street protests,originally organized by the anti-consumerist magazine Adbusters, started on Sept. 17 with a few dozen demonstrators who tried to pitch tents in front of the New York Stock Exchange. Since then, thousands across the country have joined.
The protesters say they demonstrating against corporate greed and the outsize influence Wall Street has in Washington. While they weren't started by pro-Obama groups, supporters of the president like labor unions are now joining the demonstrations.
Reinforcements to bolster Wall St. protests
Anti-Wall St. protest spawns others across U.S.
One motto that's spread through the demonstrations has been, "I'm the 99 percent" -- a reference to those who not among the wealthiest 1 percent of Americans.
While Cain dismissed the protests, he stressed in his interview with the Wall Street Journal that he's more in touch with the middle class than the GOP frontrunner, Mitt Romney. In the latest CBS News poll, Cain is tied for first place with Romney.
Romney "has been a Wall Street executive, I have been a Main Street executive," Cain said, citing his experience in the restaurant industry. "I have been closer to the pulse and the heartbeat of medium and small businesses, operationally, more so than Mitt."
And while Cain has been successful in business, he told the Wall Street Journal's Alan Murray, "Don't spread this perception I'm a kajillionaire."
On Tuesday, Romney also decried the Occupy Wall Street protests. "I think it's dangerous, this class warfare," he said.
-
Stephanie Condon Stephanie Condon is a political reporter for CBSNews.com.
Follow on Twitter »
- Christie: Buffett should write check, "shut up"
- Fact-checking Newt Gingrich on gas prices
- Evangelist Graham: I "assume" Obama's a Christian
- Santorum: Democrats are "anti-science," not me
- Lawmakers receive suspicious letters - officials
- GOP presidential debate: Winners and Losers
- Va. gov. calls for amendments to ultrasound bill
- Santorum in '08: "Satan is attacking" America
- Santorum: 2008 "Satan" comments not relevant now
- Santorum, Romney vie for the lead
- Gingrich backer willing to give $100M
- Obama camp: Romney, Santorum are budget busters
- Santorum fights "fake" conservative charges
- Five issues to watch for in the Republican debate
- What Does 'GOP' Stand For?
- Michelle Obama brings White House tourist to tears
- GOP debate comes at crucial moment
- Syrian forces shell Homs as crisis in city deepens
- AP Interview: US envoy says no soldiers to Nigeria
- Danish toy maker Lego invests in wind energy
- UN panel draws up list of Syria leaders to probe
on Facebook
- Six decades of Oscar fashion
- GOP presidential debate: Winners and Losers
- Is world's shortest man this 22-inch-tall Nepalese 72-year-old?
- Christie: Buffett should "write a check and shut up"
on CBS News






