Herman Cain just announced that he is suspending his campaign.

“As false accusations against me continued, they have sidetracked and distracted my ability to present solutions to the American people.”

“Because of these false and unproved accusations it has paid and had a tremendous painful” effect on my family.

The false allegations have been spun “so as to create a cloud of doubt over me and my family … that spin hurts, it hurts my wife, it hurts my family, it hurts me, and it hurts the American people because you are being denied solutions.”

“Those false and unproved allegations are not true.”

“I am at peace with my God.  I am at peace with my wife, and she is at peace with me…. and I am at peace with myself.”

“Becoming president was Plan A … as of today …. I am suspending presidential campaign.”

“I am not going to be silenced and I’m not going away…. Today launching TheCainSolutions.com … to promote transfer of power out of Washington … 999 campaign … energy independence….” etc.

Will be making endorsement soon.

Running for president “a dirty game.”

“I will never apologize for the greatness of the United States of America”

UPDATE: Politico reacts to Cain announcement.

Reader Poll — Did Herman Cain make the right decision in suspending his campaign? (Poll open until Noon Sunday)