Morning Edition: Monday, January 10
January 10, 2012 § Leave a Comment
The NYT is reporting that Newt Gingrich received a check for five million dollars this past Friday from “Seldon Adelson: a billionaire casino owner and Mr. Gingrich’s longtime friend and patron.” As of today, Gingrich’s Pac “had reserved more than $3.4 million in advertising time in South Carolina.” According to MSNBC’s Morning Joe, Gingrich will use this advertising time to run negative ads against good ol’ Willard Romney.
WaPo has Huntsman on the offensive against his liberal Republican rival. “Governor Romney enjoys firing people; I enjoy creating jobs.” This came just after Romney said this political sticker to a group of business folks in New Hampshire: “I like being able to fire people who provide services to me.” That last statement seems to capture the Romney brand marvelously.
The two very anti-capitalist, statist candidates trade insults in the first segment of the recent Sunday morning debate:
My favorite part: Willard sites his time as governor of Massachusetts to demonstrate that he’s conservative. HA
Even the WSJ is running attacks on Romney’s time at Bain–surprising. In other news, Obama’s chief of staff–a Chicago Daley crony–is being replaced by a Wall Street crony. Jacob Lew is a former CitiGroup COO of Alternative Investments who in June 2006, bet on the housing bubble to burst. From the article:
>One part of the entity invested in hedge funds. Multi-Adviser Hedge Fund Portfolios LLC was a unit of Alternative Investments’ Hedge Fund Management Group, the 36th-largest such “fund of hedge funds” in the world when Lew came aboard, according to a ranking by Alpha magazine, a publication that covers the hedge fund industry.
“That Multi-Adviser fund in particular had $407 million by the end of 2007, a week before Lew was named as Alternative Investments’ chief operating officer, according to SEC filings. At that time, it had $18 million invested in Paulson Advantage Plus LP, worth $26.4 million, comprising about 6.5 percent of the Multi-Adviser fund’s total capital.
The Paulson fund was run by hedge fund king John Paulson, the man who made billions off the deterioration of the housing industry by making bearish bets on securities tied to home mortgages — particularly subprime home mortgages.”<
Don’t blink, the revolving door will smack you in the face.
The Fox headline covers the New Hampshire primary taking place today in which Jon Huntsman, who skipped Iowa to make a push in the Granite State, is still in a distant third place beyond Willard and Ron.
A new Suffolk University poll, a day-to-day vote tracking poll, shows the following:
>”Romney dropped 4 percentage points overnight to 35 percent. The former Massachusetts governor still holds a 15 point lead, but his margin has declined by 8 percentage points since last Tuesday, when 43 percent of likely Republican voters backed Romney.Romney is followed by Paul (20 percent), Huntsman (11 percent), Newt Gingrich (9 percent) and Santorum, who dropped another point to 8 percent overnight. Rick Perry and Buddy Roemer each had 1 percent with 15 percent undecided.”<
Independents and Republicans can vote in the primary today, giving Ron Paul a chance to surprise opponents. The Texas Congressman took Iowa Independents 3 to 1.
Aren’t photos funny? This one from CNN would make you think that its Huntsman who is threatening the Willard lead, but no-no; that’s Dr. PaulRyan’s Review Recommendations:
Check out Ron Paul campaign chair Jesse Benton shut down the belligerent Bash.
To retreat from the nonsense out there, take some time and enjoy Lew and Ron.
See ya later,