mykeystrokes.com

"Do or Do not. There is no try."

“Blood Money Brothers”: Why Mitt Romney Is Embracing Birther Donald Trump

So Mitt Romney’s newest fundraising effort involves not only appearing with the world’s most famous birther, Donald Trump, but also dining with him and a lucky, raffle-winning supporter. OK, I give up: What exactly is Romney thinking?

My own snarky first reaction is that Donald Trump is the kind of rich guy that Mitt Romney imagines the common people can relate to. Romney, remember, has a habit of saying things like he doesn’t follow NASCAR “as closely as some of the most ardent fans, but I have some friends who are NASCAR team owners.” Maybe he thinks Trump—known far and wide for a decorating style that gives new meaning to the word vulgar—has the common touch in a way that stolid Romney doesn’t? That can’t be it, right?

Thinking I must be missing something here, I checked with a couple of top GOP operatives. “I got nothin’,” one says. Another offers the Godfather theory for dealing with Trump: “Yes, it reinforces the ‘I have wealthy friends’ stereotype,” the Republican strategist says. “And whenever Trump says something stupid it’s magnified 10-fold, so there are serious downsides to it. But in the end you would rather embrace it—like the Godfather line about keeping your enemies close.” It’s better to have Trump running amok inside the tent than causing trouble outside of it, in other words. Trump, remember, has floated the idea of a third-party candidacy, which could only serve to divide the anti-Obama vote (a December Public Policy Polling survey had Trump pulling 19 percent in a three-way race with Obama and Romney, with 7 in 10 of his supporters coming from Romney’s column). “We’d rather have Donald Trump saying ‘you’re hired’ than ‘you’re fired,” the strategist says.

Maybe so. But Trump has become inextricably linked to the birther movement, and he won’t shut up about it. Just this week, he spoke to the Daily Beast’s Lloyd Grove and after getting the preliminaries out of the way (saying he’s “honored” that Team Romney wants him and his Las Vegas hotel to help fundraise), then Trump “launched into a furious disquisition concerning Obama’s place of birth.” To be clear: Trump wasn’t unwillingly goaded into spouting his Obama-was-born-in-Kenya theories. He practically lead with them.

From the Beast:

“Look, it’s very simple,” said Trump, who has spent the past 13 months questioning Obama’s constitutional eligibility to occupy the White House (and only doubled down with his stubborn skepticism after Obama produced a long-form birth certificate, certifying he was born on Aug. 4, 1961, in Hawaii[)], … “A book publisher came out three days ago and said that in his written synopsis of his book,” Trump went on, “he said he was born in Kenya and raised in Indonesia. His mother never spent a day in the hospital.”

Actually, Obama’s literary agency at the time, two decades ago, published a recently discovered catalogue of clients and their projects that included erroneous information about Obama and a prospective book about race that he ended up not writing. An agency assistant back then, Miriam Goderich, said last week that she was mistaken when she wrote that Obama was born in Kenya.

But Trump isn’t buying it.

At what point does Romney throw up his hands and run screaming from this guy? Trump isn’t simply off-message, talking about something other than the economy, he’s dangerously off-message, reminding anyone who will listen that a nontrivial portion of the GOP has been taken over by conspiracy theorist weirdos.

Maybe Romney thinks Trump can help shore up his support with the conservative base? That seems dubious. The most recent poll numbers for Trump I could find were a year old, but after briefly leading the GOP field last year, the Apprentice host had cratered in opinion surveys. As of May 2011, 34 percent of GOPers viewed Trump favorably while 53 percent viewed him unfavorably. This was mere weeks after he was leading the field.

Nevertheless, the Romney campaign has invited supporters to contribute $3 for the chance to win dinner with the Mittster and the Donald. This is a copy of the Obama campaign’s $3 low dollar fundraising efforts where dinner with the president has been raffled off (such a small amount not only adds up, but also gives people buy-in, making them more likely to support the campaign financially and in other ways down the line).

While the GOP offers dinner with Trump and Romney, the Democrats are asking for $3 for a chance to dine with Obama and Bill Clinton. Honestly, while dinner with the current and former president would no doubt be more interesting and intellectually stimulating, there is a certain freak show appeal to watching Romney and Trump interact. And freak show does sell.

Maybe Trump really is Romney’s idea of a rich guy with the common touch.

 

By: Robert Schlesinger, U. S. News and World Report, May 25, 2012

May 26, 2012 Posted by | Birthers, Election 2012 | , , , , , , | 9 Comments

“A Conservative Neurosis”: The Right’s Fixation With “Vetting” President Obama

The Atlantic’s Conor Friedersdorf has a devastating vivisection today of Breitbart.com’s “The Vetting” series, which purports to give Barack Obama’s background the thorough scrubbing that conservatives feel the media failed to before the 2008 elections.

“The Vetting” represents a peculiar species of conservative neurosis, which I discussed last week in the context of the Rev. Jeremiah Wright. Many conservatives are convinced that somewhere hidden in Obama’s past is a magical key which will unmask him to American voters as the villain which heretofore only the fringe right has seen him to be.

This theory, while ostensibly an attack on the media for failing to do its civic duty is actually pretty insulting toward U.S. voters. Despite what conservatives seem to think, there hasn’t been a media conspiracy to avoid talking about Jeremiah Wright. I ran a Nexis-Lexis search for the phrase “Obama and Jeremiah Wright,” for both the period before the 2008 election and for all available dates. In each case, it returned more than 3,000 results—the limit at which Nexis requires you to cut down your search. Similarly I ran a Google News search for “Obama and Jeremiah Wright” and it returned 17,600 results, including 9,400 from before November 4, 2008. There was plenty of information available about Obama and Wright, the public just didn’t think it was all that important. That’s not a failing of the media or even of the public—it’s a failing of the unhinged right.

And as Friedersdorf persuasively argues, it’s an obsession that is holding back the right.

For Breitbart.com, the decision to commit substantial editorial resources to the president’s past had an immediate opportunity cost: there’d be fewer pieces on his first term in office and less opportunity to present arguments about why conservative policies would better serve the country. The decision seemed strange to me. Conservative media was around during the 2008 election. Was there really relevant information that they’d failed to uncover at the time? And while President Obama surprised civil libertarians with his governing choices, weren’t the things conservatives hated about him—the health-care bill, the Keynesian stimulus, the “green jobs” program—basically exactly what you’d expect from the campaign he ran, or from any liberal Democrat?

He then runs through the “The Vetting” series citing example after weak example of what Breitbart.com has, umm, found. I won’t recount the whole thing here—the piece is worth a full read—except to note that as he points out much of what they deduce about Obama is hardly secret or surprising. One example: “Charles C. Johnson broke the news that as a community organizer, President Obama worked with leftist Catholics to undermine conservative Catholics. This might’ve prepared us for Obama’s position on the Catholic Church and birth control … except his position itself was already clear!”

What’s the point after four years of Obama governing of trying to deduce from his distant past how he would govern? It’s a natural extension of this neurosis: If you’re convinced that the president is a secretive figure with a hidden past who must be unmasked before a duped public, it then becomes logical to think that he must be readying really, really, really sinister plans for his second term when he will no longer have to worry about facing voters.

And no doubt four years from now we’ll be treated to a raft of stories from the far right regions of the blogosphere frantically warning of how Obama’s hidden past foretells the ominous, secretive plans he has for his presidential library.

 

By: Robert Schlesinger, U. S. News and World Report, May 24, 2012

May 25, 2012 Posted by | Election 2012 | , , , , , , , , | Leave a comment

“Why Bain Questions Matter”: Free Markets Should Serve All The People

Who are the dastardly enemies of free enterprise who decided to make an issue of Mitt Romney’s tenure at the private-equity firm Bain Capital? Er, those would be his fellow Republicans.

Listen to what Newt Gingrich said in January: “The Bain model is to go in at a very low price, borrow an immense amount of money, pay Bain an immense amount of money and leave. I’ll let you decide if that’s really good capitalism. I think that’s exploitation.”

Or what Rick Perry said that same month: “There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business. I happen to think that that is indefensible.”

When Democrats say things like that, they’re accused of being Bolsheviks who want to destroy capitalism. But even in the context of the GOP primary battle, where “moderate” was the ultimate epithet, Romney’s actions at Bain were seen as raising a legitimate and important question: Shouldn’t free markets serve the American people, rather than the other way around?

President Obama is right to raise this issue now. I wish he had done so during the debate on financial regulatory reform — only now is he posing the kind of fundamental questions that needed to be asked — but better late than never. In his defense, a tough reelection campaign does tend to focus the mind.

There’s nothing inherently wrong with private equity, which plays an important role in the economy. And, of course, there’s nothing wrong with wealth; those who risk their capital in private-equity ventures should be rewarded when those deals pay off. No one begrudges Romney his offshore investment accounts, his mansions or his wife’s Cadillacs.

But as Romney himself acknowledges, free markets need rules and regulations in order to function. Some kinds of dealings are prohibited or even criminalized — insider trading, for example, because of the way it benefits a select few at the expense of other investors.

It is reasonable to ask whether some highly leveraged buyout deals, of the kind that Bain and other private-equity firms often conduct, should fall into the same thumb-on-the-scale category as insider trading.

Suppose a company is failing and appears beyond rescue. Suppose a private-equity firm buys the company with borrowed money, burdens it with more debt, and then spends the next few years firing workers, selling assets, eliminating pension plans — all while collecting handsome “management fees.” Then the company fails anyway, as it was fated to do.

What higher economic purpose has been served? Why is this not what Perry memorably called “vulture capitalism”?

The discussion we should be having goes far beyond the relatively small world of private equity. Look at the mounting losses at the nation’s largest and supposedly best-run bank, JPMorgan Chase — at least $2 billion and perhaps much more.

The transactions that produced the losses are numbingly complex, but essentially they involved betting both ways on the direction of various economic and business indicators. The idea was to balance the bets so that if the bank’s predictions were right it would make a lot of money; if the predictions were wrong, it would lose money, but not so much.

The bank got on a winning streak, so it made bigger and bigger bets. Then the bank’s luck turned, and Chairman Jamie Dimon discovered that the betting positions were unbalanced — instead of losing a little money, the bank was set up to lose a lot. Sharp-eyed traders at hedge funds noticed what was happening and jumped in to take advantage of a big spender on the skids.

That’s a classic Las Vegas story, but why should it be a Wall Street story? Should a bank whose deposits are federally insured — a bank big enough to crash the financial system — be standing at a craps table in the middle of the night yelling, “Baby needs a new pair of shoes”?

This is what Rick Santorum said in March: “I heard Governor Romney here called me an economic lightweight because I wasn’t a Wall Street financier like he was. Do you really believe this country wants to elect a Wall Street financier as the president of the United States? Do you think that’s the kind of experience we need? Someone who’s going to take and look after, as he did, his friends on Wall Street and bail them out at the expense of Main Street America?”

Good question. I’d like to hear Romney’s answer.

 

By: Eugene Robinson, Opinion Writer, The Washington Post, May 24, 2012

May 25, 2012 Posted by | Election 2012 | , , , , , , , , | Leave a comment

“It’s Not An Attack On Capitalism When Done By Republicans”: Mitt Romney’s GOP Primary Opponents On Bain Capital

 Romney has placed his record at Bain at the center of his campaign. In April for example, Romney said, “You might have heard that I was successful in business. And that rumor is true…And after 25 years, I know how to lead us out of this stagnant Obama economy and into a job-creating recovery!” (Multiple independent fact checkershave concluded that Romney’s claims on job creation at Bain are simply false.)

On Monday, President Obama took Romney at his word and noted that the former Massachusetts governor’s record at Bain Capital is “not a distraction” but “what this campaign is going to be about.” Romney’s Republican primary opponents agreed, and in the last six months offered criticism of his tenure at Bain that make Obama’s remarks sound tame by comparison.

Here are the top 10 comments about Bain from Romney’s Republican rivals:

1. “The idea that you’ve got private equity companies that come in and take companies apart so they can make profits and have people lose their jobs, that’s not what the Republican Party’s about.” — Rick Perry [New York Times, 1/12/12]

2. “The Bain model is to go in at a very low price, borrow an immense amount of money, pay Bain an immense amount of money and leave. I’ll let you decide if that’s really good capitalism. I think that’s exploitation.” — Newt Gingrich [New York Times, 1/17/12]

3. “Instead of trying to work with them to try to find a way to keep the jobs and to get them back on their feet, it’s all about how much money can we make, how quick can we make it, and then get out of town and find the next carcass to feed upon” — Rick Perry [National Journal, 1/10/12]

4. “We find it pretty hard to justify rich people figuring out clever legal ways to loot a company, leaving behind 1,700 families without a job.” — Newt Gingrich [Globe and Mail, 1/9/12]

5. “Now, I have no doubt Mitt Romney was worried about pink slips — whether he was going to have enough of them to hand out because his company, Bain Capital, of all the jobs that they killed” — Rick Perry [New York Times, 1/9/12]

6) “He claims he created 100,000 jobs. The Washington Post, two days ago, reported in their fact check column that he gets three Pinocchios. Now, a Pinocchio is what you get from The Post if you’re not telling the truth.” — Newt Gingrich [1/13/12, NBC News]

7. “There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business, and I happen to think that’s indefensible” — Rick Perry [National Journal, 1/10/12]

8. “If Governor Romney would like to give back all the money he’s earned from bankrupting companies and laying off employees over his years, then I would be glad to then listen to him” — Newt Gingrich [Mediaite, 12/14/11]

9. “If you’re a victim of Bain Capital’s downsizing, it’s the ultimate insult for Mitt Romney to come to South Carolina and tell you he feels your pain, because he caused it.” — Rick Perry [New York Times, 1/8/12]

10. “They’re vultures that sitting out there on the tree limb waiting for the company to get sick and then they swoop in, they eat the carcass. They leave with that and they leave the skeleton” — Rick Perry [National Journal, 1/10/12]

Just last night, Newt Gingrich defended his attacks, saying “I think there are things you can legitimately look at in Bain Capital. I think there are things you can legitimately look at in anybody’s record, including Mitt Romney’s record.”

 

By: Judd Legum, Think Progress, May 22, 2012

May 23, 2012 Posted by | Election 2012 | , , , , , , , | Leave a comment

“An Exceedingly Unlikely Proposition”: Can The Romney Campaign Co-Opt The Ron Paul Movement?

When Ron Paul released a statement earlier this week informing supporters that “moving forward … we will no longer spend resources campaigning in primary states that have not yet voted,” it was easy to imagine Mitt Romney’s campaign staff quietly rejoicing. The Congressman’s staff was quick to clarify that he was not officially suspending his efforts for the nomination, but it was hard to see this as anything other than the end of the Paul campaign—and, in turn, the beginning of Romney’s cooptation of it.

As Barack Obama’s campaign proved in 2008 after its bruising primary fight against Hillary Clinton, a party that’s been unified in time for the national convention is its own reward. But bringing Paul’s supporters into the fold would also seem to have a special attraction for the Romney campaign: The Massachusetts governor earned plenty of votes in the primary, but he never quite inspired the enthusiasm of the Paul movement, which has regularly attracted thousands of committed supporters to rallies. It’s only reasonable for Romney to hope he can transfer some of that fervor—especially from young people, a demographic President Obama himself seems to be targeting—to his own campaign.

Having spoken with a wide swathe of young Paul voters, however, I’ve learned that’s an exceedingly unlikely proposition. Paul may have been running for the Republican nomination, but what he produced was a movement whose identity revolves around his own personality and his professed libertarian ideology. It’s a movement with hardly any affinity for the GOP—and for a man like Romney least of all.

It’s telling that Paul supporters almost uniformly refer to Paul’s bid for the presidency as a “movement” or “revolution,” rather than a “campaign.” To ask about their allegiance to the party is, for many of them, to make a category mistake. “It’s not a matter of partisan politics,” says Casey Given, an organizer for the University of California Berkeley chapter of the Youth for Ron Paul group. “It’s more about the ideas than the party.” Indeed, a common refrain among Ron Paul supporters is that the Republican Party needs to be rebuilt from the ground up.

Generally, Paul’s supporters speak of his campaign as something more akin to a political science or philosophy seminar, than a campaign for public office. Paul’s message has always encouraged his supporters to believe there’s much more at stake than temporary occupancy of the Oval Office. “It’s not designed to win votes, it’s designed to illuminate the right path forward for both the U.S. and its role in the world and how we manage the economy,” says Jacob Arluck, an organizer for Cornell University’s Youth for Ron Paul chapter.

In the words of Cliff Maloney, the former Pennsylvania Campus Coordinator for the Paul campaign, who has since been hired by Paul’s congressional office, “They don’t want anybody that’s going to give them rhetoric, they want someone that will give them the truth.” And, having been given access to the “truth,” Paul’s supporters are refusing to abandon their candidate. “They will stick with him until he says he drops out of the race or when he wins the race,” Maloney says. “[Ron Paul supporters] would do anything for Dr. Paul’s message.”

But even if they’re reconciled to the fact that Paul won’t win this year, many young voters don’t think of their support for Paul as a lost cause. The college-aged students who comprise the Paul campaign’s base was attracted to him in part because they hoped even if he didn’t win him the election, his organization could at least shape the political discourse for years down the line. “Being the party of old white rich men will not be a winning strategy in the future,” says Given. But that’s a strategy that depends on their staying firm to their principles and not transferring their allegiance to another candidate this year. “After 2012 is over, the Republican Party is going to have no choice but to realize that the future of the party is in more of a classically conservative libertarian direction,” says Pinter. “That’s where the youth is voting.”

Unsurprisingly, then, when I asked Paul supporters whether they would be voting for Romney this year, every single one of them said definitely not, and they insisted other Paul supporters they know wouldn’t either. “I think it would be very difficult for Ron Paul supporters to sleep at night and support someone that represents a lot of the principles that they disagree with,” said Tyler Koteskey, who called Romney a “liberal in conservative sheepskin.” Indeed, for some, the very suggestion that they might vote for Romney was an insult. “Personally, I would not vote for Romney,” said Mike Pinter of UC Davis. “I have conservative principles that can, under no circumstances, rationalize a vote for Romney.”

Needless to say, Barack Obama faced nothing like these challenges when he wooed disaffected Hillary supporters in 2008. Paul’s fans, it seems, will insist on continuing to divide the GOP, unless, and until, they can take it over entirely.

 

By: Eric Wen, The New Republic, May 19, 2012

May 21, 2012 Posted by | Election 2012, Libertarians | , , , , , | Leave a comment