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Romney to release taxes, Gingrich ready for Obama

By Steve Peoples

Associated Press

POSTED:
LAST UPDATED: 07:55 a.m. HST, Jan 22, 2012


WASHINGTON >>  Stung by a South Carolina setback that capped a bad week, Mitt Romney said he would release his tax returns Tuesday in hopes of ending a campaign distraction while revived rival Newt Gingrich said he was the strongest Republican to go "toe to toe" with President Barack Obama.

Rick Santorum, third in the South Carolina vote, maintained he was the lone "consistent conservative" left in the race and pledged to keep campaigning in Florida, next on the calendar with its Jan. 31 primary, and beyond.

The newly scrambled presidential contest shifted to Florida after Gingrich stopped Romney's sprint to the nomination with a convincing victory in the first-in-the South primary. For now, that removed the air of inevitability that surrounded Romney's candidacy. But Florida is larger, more diverse and more expensive, and brings new challenges for Gingrich. Once again, he must show he can overcome financial and organizational disadvantages, as he did in South Carolina.

"One of the reasons I think people in South Carolina voted for me was a belief that I could debate Obama head to head, that I could convey conservative values," said Gingrich as the candidates made the rounds of the Sunday talk shows.

"I think we had better be prepared for a tough campaign, whoever we nominate," the former House speaker said. He added, "I can go toe to toe with President Obama on big things. ... I think you can draw a very strong case that in the end the dynamics of a Gingrich/Obama fight are much better for Republicans than the dynamics of a Romney/Obama fight."

Romney said it was "not a good week for me" and cited all the time he had spent talking about his tax returns as his rivals pressed him to make them public before his promised date in April.

After months of resistance, Romney had said last week that he would release tax information for 2011, but not until close to the tax filing deadline. That also was seen as a time, before the South Carolina race rattled his front-runner status, when the GOP nomination might have been decided.

"I think we just made a mistake in holding off as long as we did. It just was a distraction. We want to get back to the real issues of the campaign: leadership, character, a vision for America, how to get jobs again in America and how to rein in the excessive scale of the federal government," said Romney, a former Massachusetts governor and venture capitalist.

Romney disclosed last week that, despite his wealth of hundreds of millions of dollars, he has been paying in the neighborhood of 15 percent, far below the top maximum income tax rate of 35 percent, because his income "comes overwhelmingly from investments made in the past."

"Given all the attention that's been focused on tax returns, given the distraction that I think they became in these last couple of weeks," Romney said Sunday he would release his 2010 returns and estimates for his 2011 returns at the same time "so there's not a second release down the road."

"We'll be putting our returns on the Internet, people can look through them," Romney said. "It will provide, I think, plenty of information for people to understand that the sources of my income are exactly as described in the financial disclosure statements we put out a couple of months ago.

During 2010 and the first nine months of 2011, the Romney family had at least $9.6 million in income, according to a financial disclosure form submitted in August.

Further focusing attention on his wealth was Romney's offhand remark to reporters that his income from paid speeches amounted to "not very much" money. In the August disclosure statement, he reported being paid $373,327.62 for such appearances for the 12 months ending last February. That sum alone would him in the top 1 percent of U.S. taxpayers.

In addition, Romney owns investments worth between $7 million and $32 million in offshore-based holdings, which are often used legitimately by private equity firms to attract foreign investors. Such offshore accounts also can enable wealthy investors to defer paying U.S. taxes on some assets, according to tax experts.

"I know people will try and find something," Romney said, adding, "We pay full, fair taxes, and you'll see it's a pretty substantial amount."

Santorum, who beat Romney and Gingrich in leadoff Iowa, scoffed at the suggestion he might leave the race so conservatives could rally behind Gingrich against Romney.

"The idea that conservatives have to coalesce in order to beat Mitt Romney, well, that's just not true anymore. Conservatives actually can have a choice. We don't have to rush to judgment,' he said.

"The longer this campaign goes on," Santorum said, "the better it is for conservatives, the better it is for our party."

Santorum's continued presence ensures at least some division among Florida's tea party activists and evangelicals, a division that could help Romney help erase questions about his candidacy.

Texas Rep. Ron Paul likely will not be a factor in Florida. He already had said he was bypassing the state in favor of smaller subsequent contests.

As the first Southern primary, South Carolina has been a proving ground for Republican presidential hopefuls in recent years. Since Ronald Reagan in 1980, every Republican contender who won the primary has gone on to capture the party's nomination.

Returns from 95 percent of the state's precincts showed Gingrich with 41 percent of the vote to 27 percent for Romney. Santorum was winning 17 percent, Paul 13 percent.

Already, Romney and a group that supports him were on the air in Florida with a significant television ad campaign, more than $7 million combined to date.

Gingrich appeared on NBC's "Meet the Press," CBS' "Face the Nation" and CNN's "State of the Union." Romney was on "Fox News Sunday," while Santorum was on ABC's "This Week" and CNN.







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Changalang wrote:
So, who do you think is more ecstatic, the Obama Camp our Gingrich's? LOL.
on January 21,2012 | 04:45PM
kapoleitalkstory wrote:
President Obama! 2008 - 2016!
on January 21,2012 | 09:24PM
summer43 wrote:
If I have to look at his face or hear his name or his wife in the next four year, I'll be so depressed !!!
on January 22,2012 | 03:56AM
motoxdad wrote:
well be prepared to hang yourself
on January 22,2012 | 08:04AM
KeithHaugen wrote:
Aw shucks. And I have such a great new picture of the President and First Lady. I wish I could post it here for all to see. I don't agree with him on everything, but look at the lack of Presidential material on the platforms of the GOP TV shows.
on January 22,2012 | 08:37AM
KeithHaugen wrote:
Polls show that Gingrich doesn`t have a chance of facing Obama. SC is but one, out-of-step state among the 50. As word of his infidelity, low morals, criminial background, etc. gets out, he'll fall by the wayside. It will be Romney vs. Obama ... and Obama will win. He'll have four more years to attempt to fix the messes he was handed by GWBush.
on January 22,2012 | 08:36AM
kona1069 wrote:
Maybe Newt will pass a bill for open marriages if he becomes President.
on January 21,2012 | 07:32PM
Classic_59Chevy wrote:
This comment has been deleted.
on January 21,2012 | 08:26PM
saywhatyouthink wrote:
Hawaii's prepaid health care law is much more stringent than Obamacare is so why do you care?
on January 22,2012 | 10:32AM
Kuniarr wrote:
Obama has more than enough in his political treasury to swamp National TV with negative ads agains Gingrich. Gingrich won't stand a chance. However, an Obama - Gingrich debate would be the highlight of this 2012 election - Much like Lincoln vs. Douglas or Kennedy vs. Nixon.
on January 21,2012 | 09:37PM
Changalang wrote:
The real question is will enough independents watch the only 3 debates between Gingrich and Obama. Obama will have greater than $1 billion and a whole national sub-text of mass advertised character assassination going up against Newt in the 1st debate. The median I.Q. of the Tea Party segment of the National GOP is its own Achilles heal. Embracing Gingrich is the most ignorant thing TEA can do. Looking into his collusion with Freddie Mac and his Congressional ethics committee issues define Newt; a D.C. prostitute peddling influence via his forked tongue. Newt's past deeds define his character, and his future debate words that have ensnared the ignorant will not matter when Obama highlights Newt's history in the big debates. Obama will slice him to ribbons with the pretext and the media moderators will help. The whole Republican strategy is flawed and the counter-punch of the Democrats was designed to exploit the flaw. How many GOP debates have there been? The country sees everything that is bad about every GOP Presidential candidate for months before the Republicans put up damaged goods, whoever it is. America will thing they know the contenders from both parties by then. Obama sings Al Green, whatever "R" looks like dukie next to him, and issues go un-debated. The National "D"s know their audience. Hilarious.
on January 22,2012 | 07:10AM
Pacej001 wrote:
Tea Party comments: Nasty, elitists, sneering, self-belittling. Forecast of Obama campaign strategy/media complicity: spot on, but incomplete by not including the lowest common denominator class warfare.
on January 22,2012 | 08:44AM
Changalang wrote:
I have been to TEA parties and agree with the premise and the cell structure leadership. My point is that the rabid appetite for red meat that the base of the party craves is counter-productive. If I come across as elitist, it is not because of main stream media brainwashing. It is a character flaw of believing in what a say and putting truth as paramount. Party politics is a form of mental enslavement. Personally, I am a fiscal Conservative Independent know that values alignment with power wherever it surfaces. Locally, I support Democrats hands down because Hawaii is a one party state. Hawaii is so dependent on Federal funds and connections, that we all would suffer without the subsistence. Everyone should support Obama, Inouye, and Abercrombie in Hawaii solely for that reason.
on January 22,2012 | 09:21AM
Changalang wrote:
Nationally, Romney is the only threat to Obama because of his narrative. His past is pristine. The tax issue shows the desperation to get anything on the guy. Mormon? Big deal; those guys know how to manage money and build a future together. Romney will win Florida and be confirmed the nominee by April. He should recruit Rubio as a Veep to round out the ticket, appease the Red Meat Conservatives of the GOP/TEA, and deliver Florida. With Florida out of reach, the National Democrat Electoral delegate path gets geometrically more difficult. GOP hating on Romney is akin to cutting off their nose to spite their face; pure idiocy. The GOP media over exposure strategy is just teaching Joe Blow America of why they should continue to hate the Big "R"; good theoretical tactic and flawed strategy.
on January 22,2012 | 09:39AM
Changalang wrote:
(cont) Nationally, Romney is the only threat to Obama because of his narrative. His past is pristine. The tax issue shows the desperation to get anything on the guy. Mormon? Big deal; those guys know how to manage money and build a future together. Romney will win Florida and be confirmed the nominee by April. He should recruit Rubio as a Veep to round out the ticket, appease the Red Meat Conservatives of the GOP/TEA, and deliver Florida. With Florida out of reach, the National DemocratsElectoral delegate path gets geometrically more difficult. GOP hating on Romney is akin to cutting off their nose to spite their face; pure idiocy. The media over exposure strategy is just teaching Joe Blow America of why they should continue to hate the Big "R". The vetting narrative strategy was thought up by leadership not in tune with the segment of the electorate the GOP needs to pull in; the Independents. 40% of America is in this self defined group for the first time in history. Occupy and TEA are saying the same things in different languages. The common thought has given birth to a mindset that threatens both establishments. An Obama win is good for Hawaii. A Romney win may end up better for American Middle Class economic growth. Our vote in Hawaii does not count more than for the local power alignment it provides. On an island, my neighbors' problems are ours too. Class warfare is about building Karl's two class system. Pushing the middle down is easy because they are easily distracted secondary to lack of who is hurting them. The middle was old America. Corporatism and Crony Capitalism is well on its way to cementing itself as New America. Global weakening of the dollar and destruction of America's middle class is key for globalist vision fulfillment. Adapt, or d!e. :)
on January 22,2012 | 09:42AM
Pacej001 wrote:
Interesting that you see occupy/TP are on different roads to the same destination. I'd say similar destinations, not the same. There's a very good conservative argument which pits the elite against everyman. The difference is that the TP and the Occupy thing would naturally target a DIFFERENT 1%. Seems like Gingrich may be playing that angle, but from a conservative viewpoint. Doesn't matter. You're correct on all other. Gingrich will blow up.
on January 22,2012 | 02:04PM
Changalang wrote:
It is the same one percent, but both extremist position refuses to marry the parent the love with the parent they hate. TEA looks to their favorite parent, private industry, to save them from evil big gov't. Occupy wants to destroy big business and looks to big gov't for coddling. Both sides don't see that Crony Capitalism marries Corporatism and big gov't makes both parents one and the same problem. They are the only ones in the marriage and could care less if the kids kill each other because that keeps the children's' minds on other things. Gingrich is playing both sides against the middle. In a 24 hour news cycle, the national coverage of a post primary race will have him portrayed as the hypocrite he is the day after he accepted the nomination.
on January 22,2012 | 06:47PM
saywhatyouthink wrote:
And then nothing would change..... are you happy with the status quo? I'm not.
on January 22,2012 | 10:34AM
Changalang wrote:
Nothing will ever change in Hawaii. Our second to none political stability and land values are a huge magnet for Foreign investment capital. Did you miss APEC? In my humble opinion, individuals should change their lifestyles to assimilate with their environment to capitalize the situation for greatest personal gain. It is called survival. Personally, I want my neighbors on this island as fiscally unchallenged as possible. Individual success on an island is dependent on collective wealth. Hawaii is the most special place on Earth. Who wants to change that? We are the grand encapsulated experiment because of the Aloha Spirit. Adapt your way to happiness. Blaming entities you are supposed to be hating on only shortens your own life secondary to increased stress and frustration. Why give that power over you to anyone? Free your mind, enrich yourself, and make life better as best you can.
on January 22,2012 | 10:47AM
Pacej001 wrote:
I was going after the IQ comment. Unworthy. Seems to me the early TP outburst was a fear-based reaction, justifiably. Fear and careful thinking don't work well together. I believe they'll come around. As a conservative independent (me too), it's just very hard to see a rational way to support Obama, Inouye, and Abercrombie. These guys are plague carriers leading us to the endgame for the social welfare state: non-competitiveness and insolvency. You're right, they'll be good for keeping the goodie train coming to the state, until there are no more goodies, until the capacity to produce them is gone.
on January 22,2012 | 01:57PM
Changalang wrote:
I agree that it is not overt ignorance; it is lack of self control that overrides the strategy. TEA was pretty disciplined in general in their presentation. They knew the media would exploit every possible outlying incident, and reigned it in. TEA is still going because they changed the conversation and triggered a counter-wave election against the overt spending model. Occupy knew the media was on their side, but are who they can't help but be. Chaotic anarchists and criminals destroyed the movement. They did not control the message or messengers. The media and Democrats covered as long as possible and finally told occupy that they are on their own. Occupy bit the hand that fed it. TEA doesn't understand that as a cell leadership based grassroots movement; it is about sharing an idea, not about third party building distractions. TEA is an infectious idea. That idea is meant to inject both establishment parties with the vaccine and make them understand that as a country we are at a Keynesian endpoint. Municipalities are knuckling under as Meredith Whitney predicted. The Fed is out of ammo. The next phase will be dog eat dog. Hawaii will get its last scraps because our players got the juice. Better to have more than less. In phase 3, it won't matter. Globalization extremism requires an endpoint to America. Pure Corporatism will not allow it. The tail wags the dog.
on January 22,2012 | 07:24PM
Changalang wrote:
(cont)The big gov't people didn't know they were the big dog that could be wagged. Global capital is pouring back into America for safe keeping because we are the best house in the world neighborhood. Globalists underestimated that in the end America is the bank of stability to hide individual treasure safely. Now, globalists will fight to keep America just strong enough instead of kill it off. Greed never leaves humanity no matter what political philosophy people embrace. The Romney narrative pushes corporatism against big government succinctly triggering a divorce based on each respective position's thirst for control of the hybrid system. Globalism is and was forever flawed because it assumes human nature can suppress greed when power is readily available. Mankind's own selfish character flaw saved America. America was started as a business. Obama or Romney will be capable of leading the new Company hybrid model. The wisdom of the Founding Fathers was just enough guidance to slow change down enough to prevent total transformation. Big gov't and big business both realize that parasites are healthiest on a fit host, instead of a corpse. God Bless America.
on January 22,2012 | 08:28PM
KeithHaugen wrote:
Gingrich says his negative ads are not negative. And my guess is that the "fake" CNN emails that gave Gingrich the opportunity, a day before the SC primary, to cry foul, say that everyone is picking on him, etc., were mailed by the Gingrich camp. An investigation will prove it, discounting his "win" in that one state.
on January 22,2012 | 08:39AM
Changalang wrote:
Yup, Newt was done until he affiliated with a $5 million SuperPac filled with Casino money. They constructed a movie about Bain capital that ws much more false than anything put out by any other GOP nominee supporting SuperPac. Newt is a high paid prostitute. Big gaming owns him now.
on January 22,2012 | 11:18AM
Kuniarr wrote:
It is doubtful if Gingrich wins the Republican primary. And that would it for the Republicans. Romney won't stand a chance in a debate with Obama.
on January 21,2012 | 09:40PM
Changalang wrote:
Debates don't win elections; $ do; except in S.C.. A strategy of winning a debate to cost an election deserves the defeat it will yield.
on January 22,2012 | 07:07AM
saywhatyouthink wrote:
Gringrich just proved your statement to be wrong!
on January 22,2012 | 10:37AM
Changalang wrote:
If you read my statement more closely, then you will see that I identify the Gingrich wave win to be limited to S.C. which stands for South Carolina. Your position must be assumed that he will duplicate the same outcome in the next Florida primary. Correct me if I am wrong. Research your heroes and you will find out that Newt is more of a political mercenary than I could even dream of becoming. He is using all of you via clouded emotion fed with red meat. I want to see Gingrich in as many debates as possible for personal entertainment while simultaneously wanting Obama to win. A Gingrich nominee secures Obama's victory. Bring it. I'll grab the popcorn.
on January 22,2012 | 10:56AM
blackmurano wrote:
No doubt the Obama camp will use clips of the Republican nominess bad mouthing each other for his reelection campaign.. That's what disappoint me. I really want this far left liberal President who is literally taking this country down a Europe socialist path, sent to his real home - Chicaco and not the White house after the November general election. Even most Republican don't like Newt because his not ashamed to "tell like it is." Early polls in Florida, the next stop for the Republican nominess, show Romney is way ahead of Newt. But that could change by his South Carolina big victory and debates coming up.
on January 21,2012 | 10:28PM
summer43 wrote:
You won' hear much support for anyone but Obama in this State. Sadly but true. 80% of Hawaii population kissing up to this guy. Sad sad sad!!!!
on January 22,2012 | 03:53AM
Pacej001 wrote:
Newt has definitely gone Kamikaze on us. Perversely, this could be a good thing. Romney has to either defeat the Obama class warfare argument now, in the Republican primary, or bow out. Unless he does so now and shows a willingness to play nasty hardball (ie. cut Obama to shreds based on his socialist background and failed record), he's going to lose anyway. So, Mitt needs to crush Gingrich AND Obama, now. Otherwise, he's done.
on January 22,2012 | 08:53AM
kainalu wrote:
Another illustration of the hypocrisy that are the Christian-conservatives. Big on "the sancity of marriage", Newt is working on being a 3-time loser in the marriage department, and the Presidential race department for that matter.
on January 22,2012 | 06:48AM
Changalang wrote:
Evangelicals love Newt via exit polls. Go figure. LOL.
on January 22,2012 | 07:08AM
Pacej001 wrote:
Yeah, right. So the left is safe because, if you aspire to no higher goals, have no use for the ideals, you can't be criticized for not reaching them. A clever political strategy. Also a dandy recipe for further social and cultural decline. After all, socially, culturally, and politically, "if it feels good, do it" is an easy sell.
on January 22,2012 | 08:59AM
Changalang wrote:
Dis-assembly of value systems divides and conquers. It is the net of commonality that weaves the Middle Class together. You guys need to read Saul A. You don't know your enemy at all. God loves everybody. If we could love each other like that, America would not be well on in decades of decay. Nationalism is Gobalism's greatest enemy.
on January 22,2012 | 10:05AM
saywhatyouthink wrote:
What....wacky wafer
on January 22,2012 | 10:38AM
Changalang wrote:
Has your limited cognition left you only the resources of name calling as an empty retort? Vote Newt! Git Ur Done! LOL. Easy money.
on January 22,2012 | 10:58AM
Pacej001 wrote:
I have read Saul A. On the bookshelf now. So has our President.
on January 22,2012 | 02:09PM
Changalang wrote:
Saul's flaw should be self evident. His rules for the use of fear, element of surprise, and big push no stopping. The value of individual liberty is like lighting a candle. Once lit, it burns free and stays on fire until death do us part. The taste can never leave one's memory. Big gov't types and capitalist pigs are equally flammable. Greed allows big gov't types thirst for power beg for the individual freedom to create more. Greed allows capitalist pig types to thirst for more money begging for the individual freedom to make more. When big gov't types and capitalist pigs intersect at greed they each realize that more power and more money is always better and need the individual freedom to exploit power and money to make more of each. They become individuals by default competing with respective power and money to get individual control over more. Saul is a miserable fail in any environment where there is enough money and power for individuals to compete over. Saul did not count on the U.S. dollar being over printed simultaneously triggering a world run to U.S. Treasuries. Saul did not realize that greed is stronger than fear and high minded collectivist ideals combined. Greed is great, greed is good, thank you greed for all this food. Every person on Earth is just another candle waiting to be lit up. Finding the manner to get close enough is the only tricky part. Law, order, and capital is fertile ground for individual prosperity. No person will stand with the Sauls as soon as they are strong enough to stand alone and cut them out of the action. Greed and corruption saved America from Saul. Time to leave angry Saul dead and buried.
on January 22,2012 | 07:57PM
stanislous wrote:
What he should have done is say: "I'll release my Tax Returns, the day that Obama released his College Transcripts!"
on January 22,2012 | 07:13AM
control wrote:
Sad to say but this is South Carolina's only claim to fame besides being the epitomy of the deep south mentality and altitudes. Hard to believe anyone think's this is the voice of the nation.
on January 22,2012 | 07:58AM
KeithHaugen wrote:
And they are Evangelical "Bible Belt" Christians? LOL. It makes a mockery of Christianity. No other state will want to be like SC.
on January 22,2012 | 08:41AM
Changalang wrote:
Highest concentration of military/prior service military per capita than any other State in the U.S. The growth strength of Ron Paul in that segment is the real telling story out of S.C. The Gingrich spike was backlash in that segment for the Open Marriage/ABC attack. Collectively, S.C. GOP is giving ABC the finger and declaring that they will not have their votes manipulated. They think they are free of manipulation with that vote; that is the biggest joke of the Primary. If a concentration of patriots ever awakens and remembers liberty, then it will be like fire. Newt, the D.C. manipulator, tapped into it fully disguised. As long as Americans stay parsed and hate each other from manipulated opposition camps; true liberty continues to degrade. It's Sunday, aren't we supposed to be watching the NFL? Disobedience will not be tolerated. LOL.
on January 22,2012 | 09:59AM
Pacej001 wrote:
Explain what you mean about deep south mentality.
on January 22,2012 | 09:00AM
saywhatyouthink wrote:
Romney is a perfect example of what is wrong with our tax system. 15% is what someone making 50,000 a year pays, this guy made 10 million last year. The fact that he thinks he pays his fair share is in and of itself enough reason to elect someone else. More Bush economics, good for the rich, bad for all else.
on January 22,2012 | 10:30AM
Changalang wrote:
Fair share is defined by all Americans as the least amount one has to legally pay. Best not to mess with the I.R.S. Ask Timothy Geitner, U.S. Treasury Secretary...."In 2006, the IRS audited Mr. Geithner's 2003 and 2004 taxes and concluded he owed taxes and interest totaling $17,230, according to documents released by the Senate Finance Committee. The IRS waived the related penalties. During the vetting of Mr. Geithner late last year, the Obama transition team discovered the nominee had failed to pay the same taxes for 2001 and 2002. "Upon learning of this error on Nov. 21, 2008, Mr. Geithner immediately submitted payment for tax that would have been due in those years, plus interest," a transition aide said. The sum totaled $25,970. The Obama team said Mr. Geithner's taxes have been paid in full, and that he didn't intend to avoid payment, but made a mistake common for employees of international institutions. That characterization was contested by Senate Finance Republicans, who produced IMF documents showing that employees are repeatedly told they are responsible for paying their payroll taxes."
on January 22,2012 | 11:03AM
Pacej001 wrote:
Your post is a perfect example of the misunderstanding, generated by the Obama class warriors, of what taxes are actually paid by different income levels in the US. Starting from the bottom quintile of income and going up in 20% increments, here are US effective tax rates: 4.3%/10.2%/14.2%(middle class)/17.6%/25.8%. Re Bush: He cut taxes for ALL levels of income, completely eliminating taxes for many thousands in the lowest income levels. (http://www.cbo.gov/publications/collections/tax/2009/effective_rates.pdf--older data, but not far off current.) And this thing with Romney. His capital gains income has already been taxed at the effective corporate tax rate (US has one of the highest effective corporate tax rates in the world) before it ever got to him. Are there a few hundred or a thousand mega rich like him who live only on capital gains? Yes, but increasing the tax rates on ALL investors, on top of our already high corporate rates, will be cutting off our nose to spite our face.
on January 22,2012 | 02:34PM
mitt_grund wrote:
Funny. Newt calls his campaign fund the Bomb. Don't understand the particular symbiolism. My mother just got an automated phone call asking for donations for him to defeat Obama, but I think he needs to do Mitt in first. I wonder if Mitt has already realized he made a big mistake in not releasing his tax returns in South Carolina, and looking like a fool in doing so. And wasn't that debate commentator really a schill on Newt's payroll, or did he really think of asking about Gingrich's second wife on his own? Those two things guaranteed a win for Newt. Newt took the gaffe and milked it for what it was worth -- 12 percentage points over Mitt. And again there is the difficulty conservative evangelicals have in supporting a Mormon. If these things keep on happening, iit will be Newt. And so we will probably need to finance a two-front war -- Afghanistan and Iran. Throw in China, if Newt gets Santorum as his running mate. That should improve the economy three-fold, one "fold" for each war. Should be interesting. Invest in defense/military arms industries.
on January 22,2012 | 03:42PM
Changalang wrote:
I agree that it is not overt ignorance; it is lack of self control that overrides the strategy. TEA was pretty disciplined in general in their presentation. They knew the media would exploit every possible outlying incident, and reigned it in. TEA is still going because they changed the conversation and triggered a counter-wave election against the overt spending model. Occupy knew the media was on their side, but are who they can't help but be. Chaotic anarchists and criminals destroyed the movement. They did not control the message or messengers. The media and Democrats covered as long as possible and finally told occupy that they are on their own. Occupy bit the hand that fed it. TEA doesn't understand that as a cell leadership based grassroots movement; it is about sharing an idea, not about third party building distractions. TEA is an infectious idea. That idea is meant to inject both establishment parties with the vaccine and make them understand that as a country we are at a Keynesian endpoint. Municipalities are knuckling under as Meredith Whitney predicted. The Fed is out of ammo. The next phase will be dog eat dog. Hawaii will get its last scraps because our players got the juice. Better to have more than less. In phase 3, it won't matter. Globalization extremism requires an endpoint to America. Pure Corporatism will not allow it. The tail wags the dog.
on January 22,2012 | 07:23PM
Changalang wrote:
(Approval filter will not allow response to Pace: continued) The big gov't people didn't know they were the big dog that could be wagged. Global capital is pouring back into America for safe keeping because we are the best house in the world neighborhood. Globalists underestimated that in the end America is the bank of stability to hide individual treasure safely. Now, globalists will fight to keep America just strong enough instead of kill it off. Greed never leaves humanity no matter what political philosophy people embrace. The Romney narrative pushes corporatism against big government succinctly triggering a divorce based on each respective position's thirst for control of the hybrid system. Globalism is and was forever flawed because it assumes human nature can suppress greed when power is readily available. Mankind's own selfish character flaw saved America. America was started as a business. Obama or Romney will be capable of leading the new Company hybrid model. The wisdom of the Founding Fathers was just enough guidance to slow change down enough to prevent total transformation. Big gov't and big business both realize that parasites are healthiest on a fit host, instead of a corpse. God Bless America.
on January 22,2012 | 07:29PM
Changalang wrote:
Duplicate; made it out of the filter into the right place after all. :)
on January 22,2012 | 08:29PM
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