However, it seems like the recent accusations of a thirteen year affairs by Ginger White proved to be just too much for the businessman (Daly). White claims that it was a sexual relationship and that Cain even gave her money at times (Daly). Cain, on the other hand, claims that it was only a friendship (Daly). But it seems like the new accusations had had an effect on the campaign since, just a week after the allegations came out Herman declared that he would be suspending his campaign saying “"I am suspending my presidential campaign because of the continued distractions, the continued hurt caused on me and my family” (Blackmon and Yadron). He also announced his new venture working on a new website www.thecainsolutions.com (Blackmon and Yadron). In addition he said that he would endorse a candidate in the upcoming future (Blackmon and Yadron).
At first Cain supporters were not affected by the allegations. However, as more women started to surfaces Cain support began to falter. A poll by the Des Moines Register released just a day before Cain suspended his campaign showed that only 8 percent of voters said they would support him at the Iowa caucus (Daly). Only a month ago Cain had 24 percent of voter support in Iowa (Daly). It seems like Herman Cain’s remaining supports will be divided about the two front runners Mitt Romney and Newt Gingrich. Newt Gingrich is leading Mitt Romney in the Iowa polls, which is the first in the nation to hold its caucus on January 3rd (Babington and Fouhy). A poll released this weekend by the Des Moines Register found that Gingrich is leading in Iowa with 25 percent support of the people likely to vote in the Iowa caucus (Babington and Fouhy). Ron Paul is in second place with 18 percent of likely votes in Iowa (Babington and Fouhy). Mitt Romney is in third place with only 16 percent of the votes (Babington and Fouhy).
Herman Cain’s endorsement for a candidate will not only be beneficial to that person supporter wise, but also financially. Since the Federal Election Commission does not discuss the meaning of suspension of a campaign, technically Herman Cain can still raise funds until he officially puts an end to his campaign (Eggen and Sonmez). After Herman Cain puts an end to his campaign the Federal Election Commission rules allow him to then transfer his funds to candidate or political committee (Eggen and Sonmez). I think that whoever Cain endorses will also receive his remaining funds. I am interested in seeing who Cain will endorse and whether or not he will transfer his funds to that candidate. Even though, I will miss the sometimes crazy things Cain says, I think he made the smart choice. He has been losing support with the voters. And with more and more allegations surfacing I think it was very unlikely that he would receive the nomination.
Works Cited
Babington, Charles, and Beth Fouhy. "Romney, Gingrich Proceed Carefully in GOP Showdown - ABC News." ABCNews.com: Daily News, Breaking News and Video Broadcasts - ABC News. Web. 04 Dec. 2011. http://abcnews.go.com/Politics/wireStory/romney-gingrich-proceed-carefully-gop-showdown-15080240.
Blackmon, Douglas, and Danny Yadron. "Herman Cain Suspends Campaign - WSJ.com." Business News & Financial News - The Wall Street Journal - Wsj.com. Web. 04 Dec. 2011. http://online.wsj.com/article/SB10001424052970204826704577076491325757510.html.
Daly, Corbett B. "Ginger White Apologizes to Herman Cain's Wife, Kids - Political Hotsheet - CBS News." Breaking News Headlines: Business, Entertainment & World News - CBS News. Web. 04 Dec. 2011. http://www.cbsnews.com/8301-503544_162-57335433-503544/ginger-white-apologizes-to-herman-cains-wife-kids/?utm_source=feedburner.
Eggen, Dan, and Felicia Sonmez. "Cain’s Exit Gives Him Financial Flexibility - The Washington Post." Washington Post: Breaking News, World, US, DC News & Analysis. Web. 04 Dec. 2011. <http://www.washingtonpost.com/politics/cains-exit-gives-him-financial-flexibility/2011/12/04/gIQAnUyfSO_story.html>.
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