Cain: Why I Stand With Newt

Newt Gingrich has the best chance of winning the White House for the Republican Party in November because his economic plan to create jobs will work and Mitt Romney's won't, former candidate Herman Cain said.

"The biggest domestic challenge we have is stimulating this economy. I don't happen to think Gov. Romney's 59-point plan is going to do it," Cain explained during an exclusive interview with Newsmax.TV, just minutes after formally endorsing the former House speaker.

Cain said he made his final decision to back Gingrich on Saturday morning, the same day he made his announcement. He said he has no doubt that Gingrich, rather than his most serious rival, former Massachusetts Gov. Romney, is the man who can defeat President Barack Obama in November and win back the White House for the GOP.

“The distinction between Newt Gingrich’s ideas and President Obama’s are the widest,” he said minutes after making his endorsement in West Palm Beach, Fla. “When you look at Gov. Romney, too many of his phrases and too many of the things he talks about are more moderate in the middle.

“That’s too close. The American people need to see a wide, clear distinction between the two.”

Cain announced his decision during a surprise appearance at the Palm Beach County GOP Lincoln Day Dinner, just three days before the vital Florida primary. He said the two Georgians had had extensive conversations at least once a week recently.

“I presented to him a couple of weeks ago the idea that I aligned with all of his ideas, but I didn’t think that his ideas for economic growth and jobs were strong enough,” said Cain, who dropped out of the presidential race in December.

“I said you need to be bolder, and I said I offer you 9-9-9, so he said he would think about it.

“We had a conversation as late as this morning when he said he could embrace the idea. That isn’t to say that he is going to be the cheerleader for it — that’s my job — but he did say he would embrace the idea.”

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