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Newt Gingrich Politics

Sunshine State Recap: Mitt In A Walk

At least it was quick and fairly painless. Not for Newt, but for the rest of us who need to move on to something important like Friday’s jobs numbers or the Super Bowl.

How’d I do? Again, not bad. My prediction is first, then the actual.

Romney    43%              46%

Gingrich    31%              32%

Santorum  14%              13%

Paul           11%                7%

I thought Paul would do better, but at this point we’re beyond the possible phase of the race and have entered the Nomination Zone. Boutique candidates need not apply

The other issue is this continued talk of the motivated Republican voter. Florida GOP officials had said that they were looking for north of 2 million primary voters, and it looks as though they fell a bit short. So much for the enthusiasm gap. Democrats are becoming more energized and could match Republican participation in the fall.

Newt says he’s staying in the race. We’ll see.

Will conservatives flock to Santorum as the conservative du jour? I’m thinking not. Mitt is in a commanding position and will be the nominee. The rest of the campaign will measure how much he’s been damaged by the infighting and how much that will affect his chances against Obama.

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Categories
Politics

Romney’s Swiss Bank Account was Betting Against the U.S Dollar

So, lemme get this straight — Mitt Romney set up a Swiss Bank account in hopes that the United States dollar fails, that way he could bet against the dollar to make a profit? And now, he wants to be President of the United States?

According to the manager of his trust, Mitt Romney’s Swiss bank account wasn’t an exercise in tax avoidance—rather, it was a hedge against a decline in the dollar. I’m not qualified to say whether or not his explanation is the full truth, but it certainly doesn’t provide evidence that Mitt Romney hates America. Obviously, an investment that bets on the decline of the dollar might not sound good, but when you have as much money as he does, you’re going to end up placing bets that might not be great soundbites for a campaign. In substantive terms, Romney is going to have a much bigger problem explaining why Bain profited from destroying companies than he will have explaining this.

Wow!

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Politics sex

Why Are Republicans So Easily Prone To Ethic Violations?

We all know that politics breeds corruption, there’s no two ways about that. And there’s really no exception to the rule, as both Democrats and Republicans have been exposed in the past for their fraudulent deeds.

But why are Republican politicians more overwhelmingly attracted to corruption? Its almost as if Capital Hill is a magnetic field that, once they’re there, Republicans get sucked into the world of insider trading, unscrupulous behavior and greed, with special interests padding their campaign and personal bank accounts. And its all done in the name of The American People!

An increasing number of House Republicans are getting wrapped up in allegations of ethics violations ahead of the November elections, handing Democrats easy campaign fodder and putting the GOP in an unexpected bind.

Republican leaders in the lower chamber pledged to run an ethically sound ship when they took control last year. But as the second session gets under way, nearly a dozen GOP lawmakers are being questions on a wide array of their financial dealings, and House Speaker John Boehner (R-Ohio) has not publicly admonished them.

By next Monday the House Ethics Committee is slated to decide whether to formally investigate Rep. Vern Buchanan (R-Fla.). Moreover, allegations arose over this past weekend that Rep. Michael Grimm (R-N.Y.) might have accepted illegal campaign donations, according to The New York Times.

Additionally, there are the three Republicans — Reps. Pete Sessions (Texas), Buck McKeon (Calif.) and Elton Gallegly (Calif.) — who earlier this month were referred to the House Ethics Committee for taking part in Countrywide’s VIP mortgage program, aimed at gaining special favor from lawmakers.

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