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Herman Cain

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Republican presidential hopeful Herman Cain came in fourth in a new poll of GOP primary voters in South Carolina at 10 percent. (Rod Lamkey Jr./The Washington Times)

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**FILE** Republican presidential candidate Herman Cain speaks July 18 2011, with reporters and editors during an interview at The Washington Times' office building in D.C. (Rod Lamkey Jr./The Washington Times)

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Associated Press photographs Republican presidential hopeful Herman Cain finished first over the weekend in a straw poll of conservative activists at a gathering in Henderson, Nev., with 24 percent of the vote. Mr. Cain is the former chief executive officer of the Godfather's pizza restaurant chain.

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Republican presidential candidate Herman Cain is trying to win over a party that hasn't had a black nominee. (Associated Press)

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**FILE** Republican presidential hopeful Herman Cain (Associated Press)

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** FILE ** Businessman Herman Cain waves as he takes the stage before the first New Hampshire Republican presidential debate at St. Anselm College in Manchester, N.H., Monday, June 13, 2011. (AP Photo/Stephan Savoia)

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From left, former Sen. Rick Santorum of Pennsylvania; Rep. Michele Bachmann of Minnesota; former House Speaker Newt Gingrich of Georgia; former Massachusetts Gov. Mitt Romney; Rep. Ron Paul of Texas; former Minnesota Gov. Tim Pawlenty; and businessman Herman Cain greet the audience before first New Hampshire Republican presidential debate, at St. Anselm College in Manchester, N.H., Monday. (Associated Press)

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** FILE ** Atlanta businessman Herman Cain speaks at the Georgia Republican Party convention in Macon, Ga., on Saturday, May 14, 2011. (AP Photo/The Macon Telegraph, Grant Blankenship)

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Former Godfather's Pizza CEO Herman Cain will announce his presidential aspirations at high noon Saturday. ASSOCIATED PRESS

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Former Godfather's Pizza Chief Executive Herman Cain is among those cultivating the GOP grass roots in Iowa this week. (Herman Cain Presidential Exploratory Committee)

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Former Godfather's Pizza executive Herman Cain is among those cultivating the GOP grass roots in Iowa. (Herman Cain Presidential Exploratory Committee)

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A critic has labeled presidential hopeful Herman Cain a "black conservative mascot" following his speech before CPAC 2011. (Photo from Herman Cain Presidential Exploratory Committee)