Why the Cain story is so big

Let’s be honest.  There really isn’t much to this Herman Cain story.  After a week of the media acting like Cain had raped a woman, had an affair with an intern or broken some federal laws or something, all we know is that he allegedly did something to someone a couple decades ago. In the grand scheme of things, the Cain story is the biggest non-story since we discovered that George W. Bush was a drunken AWOL airman because Dan Rather had a fake letter that said so.

The intensity with which the media has been following this story has consumed major media resources.  So let’s look at what the Cain non-affair story might be hiding.

– Administration scandals such as Fast and Furious and the Solyndra affair continue to get juicer as Congress subpoenas the administration for documents they have been slow about releasing

– Occupy Oakland protests show the true nature of the Wall Street Mob as protestors get violent and start destroying public property.  The movement is finally stooping to the level we have come to expect from liberal, leaderless mob protesters, especially union supported mobs.  Now the media is working hard to find OWS protesters who look enough like they are in charge of something who will disavow the violence.  Of course, poll that crowd and you are sure to get even responses either way.

– Speaking of union led protests, a story that has barely entered the Cain filled news cycle is yet another document shred drill at the ACORN offices in New York City.  ACORN is shredding documents and firing workers as fast as they can to cover up the extent of their involvement behind the scenes with the now Democrat bought and owned Occupy Wall Street movement.

– Wall Street meanwhile ended a winning streak on Friday after job growth came in lower than expected and downright anemic compared to what the economy needs to start making significant strides towards reaching reasonable employment levels.

– After taking millions in bonuses, Freddie Mac and Fannie Mae execs are reporting billions in losses and Freddie Mac is asking for $6 billion in new bailout funds.

– Obama’s jobs tax hike bill continues to face bi-partisan opposition, though he is choosing to blame it all on Republicans.  Meanwhile, Democrats are blocking Republican jobs provisions that don’t kill jobs at the same time by raising taxes.

– And perhaps the biggest scandal fresh on the scene and being ignored by major media outlets is the Jon Corzine fraud story.  Remember Bernie Madoff?  He was the guy who tricked investors into giving him money in a grand pyramid scheme which worked great until he ran out of money.  Corzine did it the legal way.  Corzine’s investment company, MF Global, found a legal loophole that allowed him, without investor knowledge, to take funds out of investor accounts as a “loan” to fund business operations.  When the investors went to get their money, they found it wasn’t there.

So how is what Corzine did legal, you might ask?  Simple.  Jon Corzine is a well connected Democrat, former senator and New Jersey governor.  He was a star at Goldman Sachs where many administration officials cut their teeth.  When Obama regulators considered eliminating the loophole that allowed Corzine to steal from his investors’ brokerage accounts to fund business operations, Corzine himself personally lobbied them (all his friends), into not regulating out that loophole or even requiring proper accounting for it.

Throughout the 2012 campaign, we will continue to hear the same mantra about how we need regulation to prevent what happened in the past from happening in the future.  In this case, we have another example of the hand in glove relationship between Democrat politicians, Democrat corporate CEOs and Democrat regulators.  And as usual, the media ignores it.  Why?

Because a conservative allegedly did something offensive to a female employee 20 years ago.  For all we know, he picked his nose while she was in the room.  No names, no specifics, just enough to inspire the tabloid writers we used to take seriously.

Time to thin the herd

All is not lost!  Yes, it was an ugly night for several GOP candidates.  Newt’s frustration with the format is certainly understandable.  It made for great television, but it was a bad debate.  However, there were some glimmers of hope, starting with the Vegas Champ…

Newt Gingrich.  I didn’t give Newt the win last time because I didn’t think his campaign would see a boost.  After this debate, I think it will.  Newt once again is the adult in the room.  He puts himself above the fray and really acts as a second moderator.  Voters should give Newt a second look.  Give Newt seven debates with Barack Obama and Obama might even drop out of the race before November.  I would love to see these debates as more candidates drop out and more time is given.  Newt has been so supportive of other candidates that his questions of other candidates carried a great deal of weight and were therefore more devastating.  Cain will not survive the 999 barrage, look for Newt to pick up steam.  Newt’s statement on faith put him squarely in the majority of conservative thought.  Newt’s biggest slip up was on appearing weak on states rights.  Another candidate who performed well, but likely won’t see much change because of it was…

Mitt Romney.  Romney was once again the big punching bag, and once again hit back.  He continued to defend his healthcare program as a state program and did pretty well.  But here Newt hit him hard on the big government aspect of it.    Romney kept his cool when being shouted down by Rick Santorum and talked over by Rick Perry.  Romney screwed up on Cain’s 999 plan trying to argue that Cain’s plan would add federal taxes to state taxes.  Excuse me, Mr. Romney, but you already pay bushels of apples and oranges.  Don’t feel bad, every candidate but Cain and Newt seemed to forget that 999 would eliminate our current tax code.  In the end, especially with no Huntsman, Romney’s got his support base solidified and did nothing to hurt that. Unfortunately, this is the last good report on a candidate performance in this review.  Although, it wasn’t terrible for everyone, especially…

Michele Bachmann.  Michele, Michele, Michele.  First, Obama took us to Libya, THEN, he took us into Africa!  Oops, Libya is in Africa.  But again, if Joe Biden can be VP, we shouldn’t be too hard on Bachmann for her frequent misspeaks.  Aside from that, she did well in another forgettable performance/turned stump speech.   As a tax litigation attorney though, I am disappointed in her evaluation of Cain’s 999 plan.  A VAT because every corporation in the manufacturing process pays 9%?  What does our current corporate tax do?  Same thing.  Shame on you Michele.  But most people won’t figure that out, so you’re good.  We will see if the media picks up on Bachmann’s idea of a $1 poor tax.  Bachmann won’t see any uptick from this debate.  Another candidate with no uptick or downtick…

Ron Paul. Paul is good on state’s rights.  The other candidates would do well to learn some things from him.  On the other hand, we heard a lot of the same platitudes and fuzzy one liners that leave us scratching our heads about if Paul actually has a viable plan.  Get rid of the income tax?  Oh, ok.  Is that like repealing Medicare part D?  Would be nice, but not a priority?  Paul came out with a new economic plan that cuts a trillion in spending.  Worth taking a look at, but didn’t get much play last night.  He will maintain his small support base, but with his vagueness and legend over substance approach this debate won’t give him a bump.  But at least he won’t lose support, like…

Herman Cain.  Cain gave the media some pretty good quotes last night.  Would he shut down Guantanamo to negotiate with terrorists?  Kinda sounded like it.  Apples and Oranges?  Cain, that is simply not Washington speak.  Cain looked amateurish.    He is an amateur though, so he may get a pass for the inability to articulate his 999 plan in a way that Americans can understand and latch on to.  Fortunately, his opponents weren’t much better.  In fact, only Newt seemed to have a clue how 999 works, but he wasn’t about to throw Cain a bone.  Cain right now is riding on populism, but poor debate performances can sink that ship (Bachmann, Perry).  In fact, I think it did sink two ships last night, starting with…

Rick Santorum.  Rick continues to be an advocate for the family.  He continues to present strong conservatism.  But his discussion with Romney early on just set a bad tone.  He reminded me of an angry teenager.  It was unprofessional and amateurish.  It’s been good to have Santorum in these debates for the most part, but after last night he needs to drop out and endorse a social conservative who can still beat Romney.  You’re not going to win, Rick Santorum.  At this point you are hurting more than helping.  But at least Santorum did better than…

Rick Perry.  Geez.  I don’t want to sound politically incorrect, but Perry seemed…slow.  Can we still use that term?  When Romney was answering and Perry was slowly drawling over him and droning on, I couldn’t help but laugh.  But it got worse as the night went on.  Perry, who gave instate tuition to illegals and opposes a full border fence, went after Romney for hiring a landscaping company that hired illegal aliens.  And that wasn’t the only 2008 unfair attack that Perry dug up.  Even when Perry made a good point (We need to uh, look at, uh the…darn, which amendment was it again?  Oh yeah, tenth amendment for uh…issues) it was lost in translation.  Perry was put in his place over and over.  It was a complete dud.  Even his distancing from Pastor Jeffers was not believable.  The best we got from Perry was a promise that next week he will have a tax plan. The good news is that even Rick Perry had a better week than…

Barack Obama.  Rumor has it, after a bunch of his tour supplies were stolen, that his teleprompter is currently being interrogated by Iranian sponsored Al Qaida terrorists in Mexico.  Although, there have also been alleged sightings of his teleprompter in Zuccoti park, smoking a joint and displaying a message about being overworked and underpaid.

Trunkline 2012: Friday’s Campaign Trail News – 10/14/11

Romney, raises more moolah than expected, conservative think about how to stop Romney, Pawlenty wants a refund from the South Carolina primary conmtest he won’t be in, Perry tries get his footing with an energy based jobs plan that Michele Bachmann takes credit for, President Obama uses bailout money in his reelection, MSNBC host calls for violence in order to give the Occupy Wall Street protests some momentum, and more, is all a part of today’s news form the campaign trail.Bookmark and Share

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Poll Proves President Obama to Be Weak Where He Should Be Strong

Bookmark and Share    A new Quinnipiac Poll shows that 52% of New Jersey voters disapprove of the job that President Obama is doing and 43% approve of his job performance.  It is his lowest approval rating in the Garden State yet.  A breakdown of the polls shows that  Democrats approve of his job performance 77% to 19% percent. Disapproval is 88% – 10%  among Republicans, and the most important and lethal number is his 60% – 34% disapproval rating among independent voters.

Quinnipiac also notes that there is a large gender gap as women have a 50% to 45% approval rating of the Presidents job performance, while men disapprove  60%  to 36%.

Still though, the poll finds that voters are split 47% to 48% on whether President Obama deserves reelection.

However; one should take note of the polling history pertaining to New Jersey’s 2009 gubernatorial election.

At this same point in that election, almost a year before it took place,  a similar Quinnipiac Poll found that New Jersey voters disapproved of Governor Jon Corzine’s job performance by 51% to  40%.  It was his fourth negative score that year. Democrats approved of the Governor 60% to  31, while Republicans disapproved 75% to 19%,  and independent voters gave him a thumbs down by 52% – 38%.

Those numbers are better than President Obama’s number are and Jon Corzine went on to be  soundly defeated by Chris Christie.

The only difference is that President Obama’s job approval among Democrats is higher than Jon Corzine’s approval was at this same point in his election.  That shows that New Jersey Democrats are still more enthusiastic about Obama than they were of Corzine.  But aside form that, President Obama’s disapproval among New Jersey Republicans, and more importantly, New Jersey Independent voters, is substantially higher than Corzine’s were.

All of this simply confirms that at the moment, President Obama is indeed in trouble.

These poll numbers come from a very blue state that is in the bluest region of the nation for…….. the Northeast.  If the majority of voters  in a state like New Jersey disapprove of the job that the President  is doing, than you can rest assured that similar sentiments exist throughout the region.  So it only follows that President Obama will have to actually spend time and money campaigning in state’s like, New Jersey, Rhode Island, Massachusetts, and even New York.  That will give the President less time and resources to dedicate to winning battleground, or swing states, like Pennsylvania, Ohio, and Florida.

The last time a Republican presidential candidate won New Jersey was in 1988, when George H. W. Bush defeated Michael Dukakis.

With 14 electoral votes, if New Jersey does not soon be safely in President Obama’s column, it will dramatically increase the number of electoral college equations needed for Republicans to reach the 270 electoral votes needed to win the presidency.  Following conventional wisdom, giving Democrats and Republicans the state’s they traditionally win and leaving states like Ohio, Pennsylvania and several others undecided, if New Jersey is a tossup,  President Obama will have 15 different ways to reach a winning combination of electoral votes.  Republicans would have 45 winning combinations available to them.  And for those who really like suspense, there would be 7 scenarios whereby there could be a tie in the electoral college.

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Welcome to the top, Herman Cain

The most recent debate is over, and Herman Cain is discovering what Rick Perry felt like when he was the front runner.  The way the debate went, there was clear recognition of Cain, Romney and Perry as front runners.  The other candidates almost seemed to be helping in the vetting process as though they were seeking to help Americans choose from one of those top three.   So here goes, the latest debate in retrospect.  And the winner is…

Romney back in the driver seat

Mitt Romney.  Mitt Romney had some good news today.  He picked up an endorsement from Chris Christie, which is huge.  He also had some bad news.  Rush Limbaugh questioned Romney’s conservatism compared to other candidates and gave the death knell that took down Mitch Daniels, Tim Pawlenty and Jon Huntsman.  Rush called him the Republican establishment candidate.  Still, Romney was his usual comfortable self.  His adopting the Trump doctrine on China will help build that portion of his base.  Cain did Romney a huge favor by asking him about his 59 point plan and giving him the chance to explain it and expound on it.  In fact, the questioning session turned into an opportunity for the other candidates to seem to vet the apparent front runner candidate.  Romney’s own question to Michele Bachmann was very gracious and showed the kind of class that simply makes Romney likeable.  Romney’s answer on Dodd Frank was pure gold.  He was polished and Presidential.  Romney still has to get a little bit stronger on his conservative stances and lose a bit of that obvious shine in order to pick up more of the anti-politician minded rightwing, especially the TEA party.  But for this debate, Romney managed to edge out…

Newt Gingrich.  Newt Gingrich is the best debater.  As the best debater, Newt spewed pure common sense.  His best was when he bluntly spoke about how absolutely stupid the debt commission is.  His answers put him above the fray and he maintained his mantra that any candidate on that stage would be better than Obama.  However, Newt did not get enough face time.  He took no arrows, shot no arrows at the other candidates, but simply did not have enough chances to speak to make a difference.  Newt has won several of these debates, but winning these debates is not enough for him at this point.  He must so completely knock each debate out of the park that everytime a front runner falls he is there to pick up the pieces.  In this case, he did not even mention his campaign’s new contract with America.  It was a lost opportunity.   So far he has not accomplished what he needs to do in these debates.  I can’t give him first, no matter how well deserved.  But as a representative of the Social Conservative flavor of this party, he did outperform…

Cain has his work cut out for him

Herman Cain.  Cain’s 9 9 9 plan finally got the inspection it deserved.  A striking moment was when Rick Santorum polled the audience on who wanted a new 9% sales tax, and who thought a 9% flat income tax would stay at 9%.  Not a single hand in the audience was visible.  Santorum hit the nail on the head.  The result is Cain will be in trouble after this debate.  He must now find a way to explain his plan in a way that resonates with Americans.  He made a good start when he talked about how the 9% sales tax would replace a 15% payroll tax, which of course we all pay.  If he can hit that point and solve the question of how to prevent future Presidents from turning his 9 9 9 plan into a 35 35 35 plan, he can salvage his front runner (by my calculations) status.  Cain took a huge hit on the federal reserve when Paul questioned him too.  Later when he spoke about fixing the Fed, Paul made easy work out of Cain.  Still, his likeability level and pure down home realness will keep him afloat for at least one more round.  At this point, if Cain falters I predict voters will finally give Newt Gingrich a second look.  Another candidate they might be looking at is…

Rick Santorum.  Rick Santorum did very well.  He made a key point when he said he did not support the bailout.  He called out Cain’s 9 9 9 plan and struck a very strong blow on it.  He exposed Cain’s naivete beautifully.  But that was the extent of Santorum’s stunning performance.  Like Gingrich, he simply did not get enough other face time to make a huge difference.  No one is afraid of him becoming the front runner any time soon, so there wasn’t much interest in him among the debate moderators.  While Santorum did not make a strong case for himself as President, he certainly gave voters a lot to think about with the latest rising star in Herman Cain.  That may be his purpose at this point.  There is very little chance of his campaign being successful.  Almost as little chance as…

Jon Huntsman.  Jon Huntsman did not do bad for the most part.  His answer on China will not connect with Americans and for a good reason.  Being nice to China does not sell when as Romney pointed out we are already losing to them because they are cheating.  Two debates ago I said Huntsman’s campaign is over.  Nothing changed with the debate tonight.  Feeling our pain because he helped run the family business and was a good governor is so cliche at this point, it’s really forgettable.  But not as forgettable as…

Michele Bachmann.  Michele Bachmann did well.  She spoke on Obama’s failures and conservatism.  But mostly she was forgettable.  At one point, it sounded like she said she raised 28 children, 22 foster and 5 biological.  I could understand, with that many kids, how easy it would be to get the math wrong.  But it’s not good when that’s what sticks out in my mind.  No highlights, no major gaffes, and in fact her role in Congress became even more forgettable when Gingrich asked why the House has not made any move to repeal Dodd Frank or Sarbanes Oxley.  I was left wondering where her actual leadership has manifested itself.  The exchange with Romney was her one saving grace, proving that at least she is not one dimensional unlike…

Popularity off the debate stage won't save these candidates from earning low marks in this debate.

Ron Paul.  Ron Paul did ok.  He made it pretty clear he isn’t a fan of the fed.  But on the fed, especially Bernanke, Newt stole his thunder.  What else did Paul speak about?  Again, another forgettable candidate.  Paul fans, don’t hate me for saying that.  Step outside of the movement for a minute and ask yourself if he truly made a splash.  Did we hear anything new about Ron Paul that would make us want to make him in charge of everything the President of the United States is responsible for?  No, but I’d be happy to see him head up the Fed audit once we get a President who has that as a priority (which apparently is not Herman Cain).  But even Ron Paul did better than…

Rick Perry.  Rick Perry came across as a something between a walking cliche and a deer in the headlights.  He simply does not debate well.  He again was slow in his responses and his wording did not connect.  He came across as very unprepared once again.  His good answers were copies of other candidates, and his bad answers seemed to drag on with his drawl.  I’ve said before that I would love to see Newt Gingrich debate Obama.  I would not love to see Perry debate Obama.  I’m not sure I would be able to watch.  Can Perry turn things around?  Possibly.  I’m not ready to give him the Dead Candidate Walking title along with Huntsman just yet.

View Chris Christie Announcing His Endorsement of Mitt Romney for President

Bookmark and Share   In advance of tonight’s Washington Post-Bloomberg TV Republican presidential debate on economic issues, New Jersey Governor Chris Christie traveled to New Hampshire to appear with Governor Romney and announce that he was endorsing Romney for President. [See video and transcript below]

“I’m here in New Hampshire today for one simple reason: America cannot survive another four years of Barack Obama, and Mitt Romney is the man we need to lead American, and we need him now. So that’s why I’m here.

If you look at Governor Romney’s experience — his experience in the private sector, running businesses, turning them around, going in there and telling the people the truth about what needed to be done, and then coming up with a plan to get it done, and you look at his experience as an elected official, we know that he brings the best of both to what we need for America right now.

He brings that great, private sector experience and he brings the experience of governor of Massachusetts, knowing how government works. Not a legislator, trying to figure out how to use executive power, but an executive who’s used executive power and will use it to make Americans’ lives better.

That’s why I’m endorsing Mitt Romney for president of the United States.”

Click here for an analysis of what was behind Christie’s endorsement and what it will mean in the presidential election.

Meanwhile, less than hour after the endorsement was passed on to the public, Romney’s campaign organization did not miss beat as they promptly posted the following page on the Romney for President website;

Click on the image to see a larger version of it

It is a whopping request to join Chris Christie in supporting Mitt by making a donation to his campaign.  Clearly, as was indicated by WH12 in a previous post, Christie’s endorsement does more than just help firm up Romney’s frontrunner status, it is worth a ton of money too.

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Chris Christie Endorses Mitt Romney for President

Bookmark and Share Former Massachusetts Governor Mitt Romney has just landed the first jewel in the Quadruple Crown of Republican endorsements.

One week after declaring that he is definitely not running for President in 2012, it has been revealed that New Jersey Governor Chris Christie will be endorsing Mitt later today at an event in New Hampshire.

This announcement comes a day after Romney received the endorsements of former senators Judd Gregg Of New Hampshire and Mel Martinez of Florida.  Both men have significant influence with different critical voting blocs within the respective states.  But Chris Christie’s endorsement goes far beyond any one state.  In fact, it may ironically have little bearing on the nomination in Christie’s own state of New Jersey, where the Republican presidential primary is held in June and is one of the very last primaries contests to be held.  But Christie’s endorsement is likely to have a big effect in the Northeast and beyond.

Many Republicans have become enamored with Christie because of his relatively fiscal conservative policies, willingness to take on unions, and most of all, because of his refreshingly open, honest, and blunt political dialogue.  That bluntness has allowed many Republicans and Independents to trust Christie as a political leader who says what he means and means what he says.  Such a perception will go quite far with many voters if they hear Christie offering high praise of Romney and see him committing himself to Romney’s candidacy.

Christie’s endorsement will not only give Romney an overall image boost, it will also open up a new channel of money that will flow right into his campaign treasury.  Many big donors who have had been urging Christie to run for President have been keeping their powder dry, but now with their man behind Romney, their money will also soon back him.

The most surprising thing  about this announcement is not that Christie endorsed Romney.

Romney provided Christie with a great deal of support during his 2009 race for Governor.  On top of that, the next Republican U.S. Senate nominee from New Jersey is likely to be a state senator named Jope Kyrillos.  Kyrillos is a good friend of Christie’s and was his 2009 campaign chairman.  In 2008, Kyrillos was also the New Jersey state chairman of  Mitt Romney’spresidential campaign.  So the ties to Romney and Chrsitie are many and tight.  The really surprise here was that the announcement came so soon.  While it took Christie many, many months to be sure about his own presidential candidacy,  he apparently did not find it hard to decide that Romney was the right man for job.  But the decision to make the endorsement public now, was probably more Romney’s than Christie’s.  It signals Romney’s awareness of the fact that if he does not consolidate his support early and rack up early victories, he risks losing the Republican nomination if it remains too competitive for too long.

With Christie’s endorsement in hand, the next important jewel in the Republican Quadruple Crown of endorsements will come from South Carolina Governor Nikki Haley, who’s early state primary is a critical prelude to Florida and the South.  A win in South Carolina,be fatal to some candidates and  would expedite Romney’s road to the White House.  Haley has recently gone out of her way to state that she will be endorsing a businessman for President.  That could mean Mitt Romney or Herman Cain.  But it’s important to remember that as he was for Christie, Mitt was a big help to Nikki Haley in her run for Governor last year.

Then there is Florida’s Marco Rubio.

Like Nikki Haley, Rubio is a darling of the TEA movement, but he is considered everyone’s number one choice for Vice President.  If possible, President Obama would even dump ol’ Joe and put Rubio on the ticket as his number two man.  Rubio is seen as a bright, level headed political leader, with solid conservative credentials and with his Cuban background, has the ability to open doors for the Republican Party to the Hispanic community.  And Florida is also an important, delegate rich state that by winning, would make Romney a clear early frontrunner for the G.o.P. presidential nomination.

The fourth and in may ways one of the most important jewels in this endorsement crown is Sarah Palin.

Her endorsement will force anti-establishment and Tea movement activists to at least reconsider their support of Romney.  Many have been unwilling to do so because of his Massachusetts healthcare plan.  But with Sarah Palin’s seal of approval, many of those skeptical of Romney will at least have some cover when it comes to voting for Romney.

Other important endorsements of note for various specific reasons,  include Jeb Bush, Haley Barbour, Mitch Daniels, and Haley Barbour.Bookmark and Share

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