Cain Changes Mind, Endorses Romney

by InvestorPlace Staff | April 10, 2012 5:42 pm

[1]In case it wasn’t already obvious that the GOP primary season had all but wrapped itself up today with Santorum ending his run[2], here’s more proof that Mitt Romney will be the Republican Party nominee for president: Herman Cain rescinded his endorsement for Newt Gingrich[3], and is now backing Romney[4].

In switching his allegiance on Fox News, Cain had this to say:

“I have always said I will support whoever the nominee is and it looks like Mitt Romney’s going to be that nominee, and we do need to get behind him. I remind people all the time … ‘Keep your eye on the mission.’ And the mission is to get control of the Senate, maintain control of the House and defeat Barack Obama. That means get behind the nominee, so, yes, I’m ready to get behind the nominee.”

Cain’s endorsement will have little impact on Romney’s campaign, particularly because he is the presumed nominee, but perhaps it will nudge Gingrich that much closer to throwing in the towel.

— Benjamin Nanamaker, InvestorPlace Money & Politics Editor

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

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