Gingrich Wins Endorsement from Cain

by InvestorPlace Staff | January 30, 2012 1:33 pm

investorpoliticsletters2 Gingrich Wins Endorsement from Cain[1]With Mitt Romney drubbing Newt Gingrich in both the Florida polls[2] and TV ad spending in the Sunshine State[3], news that Gingrich won an endorsement from another former presidential candidate would seem welcome.

How welcome, of course, depends on your view of Herman Cain.

Cain, the former CEO of Godfather’s Pizza and the National Restaurant Association, offered his endorsement to Gingrich[4] during a surprise visit to a Lincoln Day Dinner event with Gingrich and the West Palm Beach County Republican Party (the Lincoln Day Dinner is a traditional celebration and fundraiser for state and county Republican Party organizations.). Cain is the second former presidential candidate from the 2012 election to endorse Gingrich, after Texas Gov. Rick Perry[5].

It’s hard not to notice that both Cain and Gingrich have faced stinging criticism for issues in their personal life: Gingrich for his two divorces and “open marriage” allegations[6], and Cain for allegations of sexual harassment and of having a long-term affair. Gingrich’s response to questions about the “open marriage” flap at the South Carolina debates earned Cain’s respect.

“I loved Newt Gingrich’s response because that’s the same crap that they pulled on me, and that’s what’s wrong with politics. This is what’s turning the American people off. What does something that happened 20 years ago relative to an ex-wife have to do with fixing America’s problems today? Nothing.”

Will Cain’s endorsement give Gingrich’s campaign a boost, will it have no effect, or will it actually harm Gingrich? Let us know what you think at letters@investorplace.com.

– Benjamin Nanamaker, InvestorPlace Money & Politics Editor

The opinions contained in this column are solely those of the writer.

 Want to share your own views on money, politics and the 2012 elections? Drop us a line at letters@investorplace.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.

Endnotes:
  1. [Image]: mailto:letters@investorplace.com
  2. Florida polls: http://www.realclearpolitics.com/epolls/2012/president/fl/florida_republican_presidential_primary-1597.html
  3. TV ad spending in the Sunshine State: http://investorplace.com/investorpolitics/romney-outspending-gingrich-5-1-on-florida-tv-ads/
  4. offered his endorsement to Gingrich: http://thecaucus.blogs.nytimes.com/2012/01/28/cain-endorses-gingrich-for-president/?
  5. Texas Gov. Rick Perry: http://investorplace.com/investorpolitics/rick-perry-dropping-out-of-republican-race/
  6. “open marriage” allegations: http://investorplace.com/investorpolitics/newt-gingrichs-ex-wife-alleges-he-asked-for-open-marriage/

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