This promises to be very good: Where He Came From: The Story of Barack Obama by David Maraniss.
Bachmann Accuses Bush of Socialism
In her soon-to-be published book, Core of Conviction, Rep. Michele Bachmann accuses former President George W. Bush of “socialism” for his 2007 decision to bail out financial institutions that were near collapse, ABC News reports.
Writes Bachmann: “The Bush administration, which had always professed faith in the free-market system, was now reversing its course.”
She says Bush and then Treasury Secretary Hank Paulson were embracing a kind of “bailout socialism.”
Invoking the Mercy Rule
After Herman Cain’s bumbling answer on Libya yesterday, Daniel Drezner has had enough:
“There’s a mercy rule in Little League, and I’m applying it here — unless and until Herman Cain surges back in the polls again, or manages to muster something approaching cogency in his foreign policy statements, there’s no point in blogging about him anymore. I can only pick on an ignoramus so many times before it feels sadistic.”
Anything Could Happen in GOP Race
With Newt Gingrich the latest Republican presidential candidate to become a frontrunner, First Read notes this “leaves just Ron Paul and Rick Santorum as the only GOP presidential candidates who haven’t enjoyed being the GOP flavor of the month.”
“Good news for them: We have still have two months to go. Of course, all of this volatility underscores the extent to which GOP voters are undecided, the extent to which Mitt Romney hasn’t closed the deal with them (at least not yet), the extent to which the debates have come to matter in the modern TV era, and the extent to which things can still change before the contests begin in January. And Newt’s current rise underscores how much can change — and how much people can forget — in just a few months.”
Stu Rothenberg: “OK, I give up. I don’t know what the heck is going to happen in the Republican race.”
Romney Downplays Iowa
Mitt Romney “veered into some talk about the political chessboard” at a Florida fundraiser, the St. Petersburg Times reports.
“Romney said after airing ads in Iowa for nearly an entire year during the 2008 campaign, he has not run any spots to date. Romney told the crowd his campaign calculus was that he could spend nothing and come in fourth or spend a bit and finish second or third. He guessed that Republicans could split the first three events, which would make Florida particularly important.”
“Romney predicted a Tea Party favorite would win Iowa and that he would take New Hampshire, according to interviews with six people in the audience. Romney told the crowd he would seal the nomination by then winning Florida’s Republican contest.”
Four-Way Dead Heat in Iowa
A new Bloomberg News poll in Iowa shows Herman Cain at 20%, Ron Paul at 19%, Mitt Romney at 18% and Newt Gingrich at 17% among the likely attendees with the caucuses that start the Republican presidential nominating contests seven weeks away.
Key finding: 60% of respondents say they still could be persuaded to back someone other than their top choice and 10% are still undecided.
Said pollster Ann Selzer: “In Iowa, it’s long been a two-person race between Romney and someone else. It is now a four- person race between Romney and three someone elses.”
Quote of the Day
“If you’re not tough enough to withstand this kind of scrutiny, you’re sure not tough enough to be President of the United States.”
— Newt Gingrich, in a Fox News interview, saying his support “clicked” because Republicans “want someone who can debate Obama.”
Police Take Back Zuccotti Park
“Hundreds of New York City police officers cleared Zuccotti Park of the Occupy Wall Street protesters early Tuesday, arresting dozens of people there after warning them that the nearly two-month-old camp would be ‘cleared and restored’ before the morning and that any demonstrator who did not leave would be arrested,” the New York Times reports.
New York City Mayor Michael Bloomberg’s statement: “No right is absolute and with every right
comes responsibilities. The First Amendment gives every New Yorker the
right to speak out – but it does not give anyone the right to sleep in a
park or otherwise take it over to the exclusion of others – nor does it
permit anyone in our society to live outside the law. There is no
ambiguity in the law here – the First Amendment protects speech – it
does not protect the use of tents and sleeping bags to take over a
public space.”
Allegations Take Toll on Cain’s Favorability
A new Washington Post-ABC News poll finds Herman Cain’s unfavorable ratings have soared by 17 points in the face of allegations of past sexual harassment, including a sharp increase in negative views of Cain within his own party.
Health Reform Gets Another Bump?
On the same day that the Supreme Court granted review of President
Obama’s health care reform law over the constitutionality of the mandate
that all Americans have health insurance, a new CNN/Opinion Research poll finds Americans approving of the provision, a marked improvement since June.
Key
findings: “According to the poll, 52% of Americans favor mandatory
health insurance, up from 44% in June. The survey indicates that 47%
oppose the health insurance mandate, down from 54% in early summer.”
Paul Krugman:
“Since that’s the core of health reform, this basically means that
proponents are slowly winning the argument. If we make it to actual full
implementation, this reform will be irreversible.”
Bonus Quote of the Day
“President Obama called for the removal of Gaddafi. Just want to make sure we’re talking about the same thing before I say, yes I agree, I know I didn’t agree. I do not agree with the way he handled it for the following reason — no, that’s a different one. I gotta go back to… Got all this stuff twirling around in my head. Specifically, what are you asking me, did I agree or not disagree with on what?”
— Herman Cain, struggling to collect his thoughts in an interview with the Milwaukee Journal-Sentinel, which was recorded on video.
Political Ad of the Day
Montana auditor hopeful Derek Skees (R) put out a rather bizarre campaign ad that he describes as “high energy,” the Missoula Independent reports.
Said Skees: “It has been historically difficult to make the State Auditor race something to get excited about, so we thought we could add a little energy to the fight against Obamacare.”
Walker Recall Effort Kicks Off Tonight
The effort to recall Wisconsin Gov. Scott Walker (R) will start at midnight, the Milwaukee Journal Sentinel reports.
Organizers have to gather more than 540,000 signatures to force a recall election against Walker but they hope “to gather 600,000 to 700,000 signatures to allow a cushion if some signatures are found not to properly count.”
Joshua Spivak notes the signature requirement “is not low: The 540,000 represents 25% of the vote for the governor’s office in the last election.”
Handouts for Millionaires
A new congressional analysis, put together by Sen. Tom Coburn (R-OK) and obtained by Newsweek, finds Americans earning more than $1 million a year “collect more than $30 billion in government largesse each year.”
“In all, millionaires receive hefty help from Uncle Sam. The $30 billion in handouts, to put it in perspective, amounts to twice as much as the government spends on NASA, and three times the budget of the Environmental Protection Agency. On the other hand, it would only cover the cost of fighting about three months in Iraq and Afghanistan. Still, eliminating them would help make a small dent in the $1.5 trillion congressional leaders are trying to find by Thanksgiving.”
Chance of Recession Next Year Tops 50%
New research from the Federal Reserve concludes that the European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to Reuters.
You Are Not So Smart
Just out: You Are Not So Smart by David McRaney.
One finding with particular relevance to politics: “Our brains resist new ideas, instead paying attention only to findings that reinforce our preconceived notions.”
Gingrich Soars as Cain Drops
A new CNN/Opinion Research poll finds Mitt Romney leading the GOP presidential field, but just barely.
Romney leads with 24%, followed by Newt Gingrich at 22%, Herman Cain at 14%, Rick Perry at 12%, Ron Paul at 8% and Michele Bachmann at 6%.
Key finding: While Romney’s support has pretty much stayed the same, Gingrich has seen his support jump 14 points since last month.
2012 Ad War: Crossroads GPS Previews the Fall Campaign
This post is part of our guest series from Inkwell Strategies analyzing the 2012 campaign ad war.
As the 2012 ad war heats up, political action committees are starting to get in on the action. Case in point, Karl Rove’s Crossroads GPS just announced a major ad buy targeting President Obama in several key battleground states.
Looking past the GOP primaries to a tough general election, the ad, entitled The Two Presidents, knocks Obama on tax policy. Unlike many of the campaign ads we’ve highlighted to date — which are produced primarily to garner free media coverage — this is a major buy. Crossroads is spending $2.6 million to run the ad in Florida, Pennsylvania, Ohio, North Carolina and Colorado — all states the president carried in 2008.
