"It is clear that President Obama can't run on his economic record, can't run on his foreign-policy record. This Benghazi cover-up is all over most of the news, so he is doing the basic character assassination," said Cain, a Romney supporter, on "Fox and Friends."
"Now they're getting into name-calling. Now, he [Obama] may not do it directly, but the surrogate liberal media, they're doing the name calling … playing the race card. I saw a clip that Chris Matthews did, where he said that people who were criticizing President Obama shows outright hated of President Obama," Cain said.
Speaking after Monday night's third and final presidential debate, MSNBC host Matthews claimed that Romney's support among conservatives was spurred by "racial hatred."
"I think they hate Obama. They want him out of the White House more than they want to destroy al Qaeda. Their No. 1 enemy in the world right now, on the right, is their hatred, hatred for Obama. And we can go into that about the white working class in the South and looking at these numbers we're getting the last couple days about racial hatred in many cases … this isn't about being a better president; they want to get rid of this president," said Matthews.
Cain said the remarks by Matthews showed "desperation" and were an "insult to the intelligence of the American people."
"Anything to distract from the real record is all that the administration and his surrogates are doing at this point," Cain said.