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Newt Gingrich ended his campaign against Mitt Romney in Florida with the same message strategy that Romney??s senior advisers had used in another Republican primary two years earlier: Attack Goldman Sachs.chanel handbags for sale There was a good reason. Amid the orange groves and senior centers, the successful investment bank served as Gingrich??s red meat for the right. ??You look at Goldman Sachs, which was the number one funder of Obama; now they??re the number one funder of Romney,?? he told CBS News, just a day before the polls closed. ??I think it??s pretty easy to make the case Romney is the guy who will manage the decay.louis vuitton replica?? The echoes were unmistakable. In 2010, Romney??s current pollster, Neil Newhouse, and top ad man, Stuart Stevens, had employed a nearly identical strategy when attacking a Republican frontrunner, Meg Whitman, in the California gubernatorial primary. ??Goldman executives donated over $100,000 to Whitman,?? ran one of the ads, for Steve Poizner, called ??Vulture.?? ??Meg Whitman: Bad judgment.replica gucci shoes Wrong values.?? The reasons for the matching strategies speak to a central shift that has occurred in the national electorate, and the Republican Party, since the 2008 economic collapse. Economic populism??the idea that the many have been fleeced by the rich few–is no longer just a Democratic argument, which can be used to attract blue collar independents in the Midwest. It now works deep in the Republican ranks, having been first adopted by the no-bailout, Washington corruption message of the Tea Party in 2009.louis vuitton replica (MORE:?Fickle Florida: What Romney??s Victory Says About the Bellwether State??s Mood ?? and the Nation??s) Shortly before the New Hampshire primary took place, leaders of Priorities USA, the pro-Obama super PAC, tested messages among Republicans in South Carolina to explore the best way to attack Romney. What they found surprised them. Among Republicans with only a high school diploma, 67% admitted to greater doubts about Romney when read a statement about layoffs at Romney??s former firm, Bain Capital. When read a statement about Romney paying lower taxes because of his investment income, 62% of high school graduates said they had greater doubts about Romney.louis vuitton replica College graduates, by contrast, were less impressed, saying they were swayed by the messages by 42% and 41%, respectively. Those same trends have been seen nationally. In a December NBC/Wall Street Journal poll, voters were asked to respond to a statement that read, ??The current economic structure of the country is out of balance and favors a very small proportion of the rich. America needs to reduce the power of major banks and corporations and demand greater accountability and transparency.louis vuitton replica The government should not provide financial aid to corporations and should not provide tax breaks to the rich.” Among Republican primary voters, 60% agreed, and 40% agreed strongly. The same proportions agreed among self-described Tea Party supporters. Among Independents, 79% agreed, and 62% agreed strongly.fake gucci shoes A more recent Pew Poll found that 66% of Americans see a ??very strong?? or ??strong?? conflict in this country between the rich and poor. When asked by Pew if the wealthy pay their ??fair share?? in taxes, 38% of Republicans and 57% of independents say the answer is no. (MORE: Occupy Mitt: Protesters Come Face-to-Face with the 1% in Florida) It is in this context that the Obama campaign has debuted a master campaign message that plays right into this class-based sense of injustice now roiling all sides of the ideological spectrum. This is the reason Obama has focused on the so-called Buffett Rule, which would raise taxes on some millionaires while having a minimum impact on the poor.chanel handbags for sale It is why the President can hardly pass a microphone these days without calling on the rich to ??pay their fair share.?? It is why Obama has refurbished an old Bill Clinton line from 1992. ??Let??s never forget,?? he said in the State of the Union address. ??Millions of Americans who work hard and play by the rules every day deserve a government and a financial system that do the same.replica chanel shoes?? Just how the Romney campaign responds, beyond decrying such comments as ??class warfare?? and ??attacks on free enterprise,?? is still an open question. But some Republican strategists and pollsters doubt that simply blaming Obama will be enough. Henry Olson, a conservative scholar at the American Enterprise Institute, argues that Republicans face a real challenge, that goes beyond the perceptions of Romney’s wealth and past. Working class white voters, he argues, have become increasingly alienated from the conservative policy agenda of spending cuts and continuing low taxes, just as they have been turned off by President Obama’s performance.louis vuitton shoes replica ??You are gambling that they will dislike Obama more than they disagree with you,?? Olson said of the current Republican playbook. But that is a question for another day. First the Republican primary will have to be resolved, and the early signs are that the economic populist attacks, from both Gingrich and Obama’s allies, are already taking its toll. A recent Washington Post poll found Romney dropping to 23% favorability rating among independents, from levels in the mid-40s last fall.fake ugg boots Romney still has time to respond, but there is no doubt that he will have to forcefully.
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Rick Santorum released his tax returns to Politico’s Maggie Haberman on Wednesday night.fake ugg boots Santorum is the third of the four remaining Republican presidential candidates to unveil a peek into his family’s finances, following Mitt Romney and Newt Gingrich. But he’s pulled back the curtain to a greater degree by providing four years’ worth, dating back to 2007. They provide a snapshot of a candidate whose personal wealth has blossomed since he was ousted from the Senate.? Santorum’s income climbed from $659,000 in 2007 to a peak of $1.louis vuitton shoes replica1 million in 2009 before dipping back to $923,000 in 2010. He’s paid between 25% and 28.5% in taxes during those years, topping out at $310,000 in 2009. That rate is sharply higher than Mitt Romney’s, because the latter reaped his income primarily from capital gains on investments.louis vuitton speedy (MORE: The Saga of Rick Santorum’s Second Surge) Two aspects of Santorum’s tax return have attracted much of the media’s scrutiny. First, the returns show that Santorum is a wealthy guy who has profited from his Capitol Hill connections, a fact Romney’s campaign has sought to drive home by cutting ads that cast Santorum as a “Washington insider.” And he is. The former Pennsylvania Senator?likes to accentuate his blue-collar family background on the campaign trail, telling stories about his coal-mining grandfather and his public-employee parents.louis vuitton handbags for sale His campaign believes that Romney’s bearing — frequently described as “presidential” by supporters — is a hindrance in a primary whose backdrop is the economic hardship that has ravaged voters over the past few years. On the trail in New Hampshire, Santorum would announce — apropos of nothing in particular — that he’d feel great pride if one of his sons eschewed college to devote himself to being the best auto mechanic around. There is no question Santorum’s advisers see the everyman image as a selling point and are actively working to play it up, though they insist it’s genuine. They stress that he is a regular guy, the kind who’s not so far removed from the quotidian details most of us worry about, such as the price of a gallon of gas or milk.louis vuitton handbags for sale (He self-prepared his tax returns, for example.) They love recalling a New York Times?infographic that revealed the contrast between the scope of the candidates’ campaigns: Romney, with a phalanx of aides and a chartered jet; Santorum with a Dodge pickup and no entourage. “There’s an authenticity he has. He’s not this West Wing-created character,” says John Brabender, a Santorum strategist.cheap gucci belts “We actually think that has long-term benefits, not just in the Republican primary but in the general election.” Fair enough. But the Dodge RAM and the sweater vest are icons designed to occlude the fact that Santorum is wealthy. He’s not in Romney’s stratosphere, but by no means middle-class.replica gucci shoes The revelation that’s drawn more animated discussion is the level of Santorum’s charitable donations. From 2007 to 2010, the family donated a little more than 2% of their income to charity. The charge critics are leveling against Santorum is hypocrisy: that for a devout Catholic who stresses the importance of following church teachings, and who has made faith-based charity a personal cause, he’s not “walking the walk,” as conservative blogger Jennifer Rubin of the Washington Post puts it.?CNNMoney, in a story titled “Santorum’s Charitable Donations Lag Rivals,” note that according to the IRS and CBO, people with incomes over $500,000 donate 3.louis vuitton backpack for sale4% of their wealth on average, and quotes an analyst saying, “When you put it in the context of people of faith, then it really is on the low side.” (MORE: Rick Santorum’s Unlucky Timing) A couple of points are worth noting. The?catechism?of Catholic church states that members are “obliged to assist with the material needs of the Church, each according to his own ability.” So Santorum hasn’t fallen short of any religious dictate.louis vuitton handbags for sale By contrast, Mitt Romney belongs to the Mormon Church, which requires members to tithe 10%. Romney met that requirement in 2010 plus some, donating 13.8% of his income. While Romney’s giving was exceptional, Santorum’s was relatively average.ugg boots outlet As the Chronicle of Philanthropy notes, in the $500k-$1 million bracket, the average charitable donation was 2.6% of total income. By contrast:?Newt Gingrich, who made $3.1 million in 2010, gave 3%.chanel outlet Barack Obama, who reported $1.8 million that year, gave 13.6%. Joe Biden, as conservatives gleefully pointed out, gave less than 1% in each of the 10 years of returns he provided after being tapped for the Democratic ticket in 2008.fake chanel shoes So Santorum’s level of giving is higher than some, lower than others, and relatively in line with the national norm. Consider also his personal situation. He has seven young children for whom he provides, including a toddler with a rare illness that requires special care. The cost of living in Northern Virginia is expensive.replica louis vuitton That’s not too say he’s a hard case. Nor does he claim to be. In a 2005 profile of Santorum, then fighting to keep his Senate seat, New York Times Magazine writer Michael Sokolove had an interesting section about the family’s financial health: [They] live in Leesburg, Va., about an hour from Washington and as close to Washington as they could afford a home big enough for their family…Santorum says he does not want his home-state voters to think he feels impoverished on his $162,100 Senate salary, but it is clear that money is a concern and that he is almost certainly one of the least well-off among the 100 senators.louis vuitton speedy ”We live paycheck to paycheck, absolutely,” he says. Does he have money set aside for college? ”No. None. I always tell my kids: ‘Work hard.loui vuitton We’ll take out loans. Whatever.’ ” He volunteers that his parents help out financially. ”They’re by no means wealthy — they’re two retired V.loui vuitton A. employees — but they’ll send a check every now and then. They realize things are a little tighter for us.” Santorum is far too competitive to want to lose his Senate seat, but he operates in Washington like a man who is not afraid of defeat and, on some level, would welcome its benefits.replica chanel shoes More than once in our conversations, he mentioned that losing would not be without a financial upside. ”Everyone says, ‘Senator, the worst thing that could happen to you is you could lose and spend more time with your kids and help pay for college,’ ” he told me. Indeed, losing had a financial upside. But charity is a personal choice.chanel outlet I would wager that plenty of the people publicly criticizing Santorum for being “stingy” privately donate less than he does. In any event, I’m not sure why it has any bearing on whether he would make a good President.
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Unemployment claims fell to pre-recession levels last week.fake uggs CNN cancels the season finale debate on March1. Romney says he won’t lose Michigan. The Obama campaign considers Santorum. What is Project Narwhal? The contraception debate’s effect on public opinion.louis vuitton backpack for sale Virginia moves toward “personhood,” mandatory ultrasound anti-abortion laws. CFPB plans to target credit report and debt collector companies. And weed plane wanders into Obama airspace.
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Sure it took a month to declare the actual winner of the Iowa caucuses, tallies from eight precincts were lost altogether and vote counting in Nevada dragged on for days, but you can’t really understand the depth of dysfunction in the caucus system until you behold the caricature of incompetence that is Maine.chanel outlet Here’s a rough timeline of what happened: –Last Saturday, Maine Republican Party chairman Charlie Webster announced that Mitt Romney had won his state’s caucuses. –Several localities, some delayed by weather others just following the schedule, hadn’t yet held their caucuses, so Ron Paul supporters, chafing at the loss, asked for some clarity. –The Maine GOP “re-canvass[ed] counties and municipalities to recount vote totals” on Thursday, according to Politico, which sounds fancy, but really consisted of Webster sending around an e-mail to local officials asking them to e-mail him their tallies. –On Friday, the recount turned out to be inaccurate because “there were clerical errors that did not significantly change the numbers.louis vuitton handbags for sale” What kind of clerical errors, you ask? In addition, Webster said ??about a half a dozen?? towns never added to the tally on election night and that, in a couple of cases, e-mails from municipalities reporting caucus results actually ??went to spam?? in the state party??s email system. Give it up for the world’s greatest democracy, folks.
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For the past several weeks, few people have been enjoying the Republican presidential campaign quite as much as Foster Friess.louis vuitton speedy The 71-year-old mutual fund millionaire from Wyoming, who has emerged as the key backer of Rick Santorum’s super PAC, has taken advantage of the access his largesse affords by joining the candidate on the campaign trail. While a Santorum surge began stirring in the Iowa cornfields, Friess was a passenger in the gunmetal Dodge RAM — nicknamed the “Chuck Truck,” because it belonged to local supporter Chuck Laudner — that schlepped Santorum around the Hawkeye State. On Election Night, he bounded into the Stoney Creek Inn in Johnston, Iowa, to regale reporters with tales from the caucus site he’d visited. Asked if he was enjoying himself, Friess beamed, “If I was any better I’d be an astronaut.replica gucci shoes It’s one of the most incredible experiences of America I’ve ever had.” On Feb. 7, he was back standing over Santorum’s right shoulder as the candidate addressed a suburban St. Louis ballroom on the night Santorum’s three-state sweep vaulted him back into the thick of the GOP nomination fight.gucci handbag for sale Three days later, he was tapped to introduce Santorum for the candidate’s address at CPAC. “Life is just so much fun and so filled with humor,” began the snowy-haired financier, clad in a sweater vest of his own. “There’s a little bar a couple doors down and recently a conservative, a liberal and a moderate walked into the bar.” Pause a beat.louis vuitton backpack for sale “The bartender says, ‘Hi Mitt!’” As the crowd cheered, Friess busted out into laughter at his own joke. (PHOTOS: Political Buttons from the Button Museum) Now Friess’s sense of humor has gotten him into hot water. During an interview Thursday with MSNBC’s Andrea Mitchell, Friess was asked about Santorum’s stance on social issues, including comments he’s made about contraception. His reply: “We maybe need a massive therapy session so we can concentrate on what the real issues are.loui vuitton And this contraceptive thing, my gosh, it’s such inexpensive. Back in my days, they used Bayer Aspirin for contraceptives. The gals put it between their knees and it wasn’t that costly.” Within minutes, the remark ricocheted around the Internet.louis vuitton handbags for sale Friess quickly arranged a nighttime appearance to quash the hubbub. And Santorum was forced to distance himself from his biggest patron. “I’m not responsible for every comment that a supporter of mine makes,” the former Senator told Charlie Rose. “It was a bad joke.loui vuitton It was a stupid joke. It’s not reflective of me or my record.” The kerfuffle may dull the enthusiasm Friess has thus far evinced on the campaign trail. But it’s not likely to affect Friess’s relationship with Santorum.louis vuitton backpack for sale In an email to TIME this week, Friess said he had gained an appreciation for Santorum’s empathy and bearing while traveling with the candidate on the campaign trail. “There is a deep-seated kindness and love for other people, particularly the blue-collar, non-elitist folks that he so identifies with,” Friess says. “People gravitate to him because of his authenticity and the way he answers questions directly…People like him, believe he’s honest, and share his core values about what makes America great.” Friess shares many of those core values, including Santorum’s emphasis on the importance of his faith.fake louis vuitton shoes In 1978, when he was nearing 40, and struggling to balance his business success with his fraying family relationships, Friess became a Christian. “I did one of those ??born again?? things and invited Jesus to become the ??Chairman of the Board,’” he writes on his website, titled “Man Atop the Horse.” (LIST: Rick Santorum’s Vests and the Top 10 Political Fashion Statements) Friess has deep ties to conservative Christian causes, and invokes their shared faith as one of the things that underpin his support of Santorum. “What strikes me about Rick is that he truly embraces the Corinthians 13 admonition,” he says.loui vuitton “He has absolutely no hate toward [people who protest his views.] He actually prays for those who persecute him.” Though he’s only now vaulting to national prominence, the cowboy-hatted investor has been a renowned donor in conservative circles for some time. According to FEC records, he’s ponied up well more than $1 million to conservative politicians.gucci outlet online He’s also given millions to the Daily Caller, a Washington-based conservative website, as well as to charities. The Guardian reported that Friess and his wife forked over $5 million to aid relief efforts after Hurricane Katrina, the Haitian earthquake and the Asian tsunami. Friess’s financial support for Santorum dates back at least to 1997. But in recent months he’s emerged as the single most influential figure in sustaining Santorum’s shoestring campaign through lean times.louis vuitton backpack for sale According to FEC records, as of Dec. 31, he had given $331,000 to the Red, White and Blue Fund, a Santorum-allied super PAC, and he’s indicated that more will likely be on the way. “My contribution level will be revealed soon, but even if it’s a million dollars, that’s really not much of a sacrifice when you think of these young 18- and 19-year-olds strapping a gun on their back and going off to Afghanistan and Iraq to protect the freedoms we cherish,” he says.
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Election Day 2008 will always be remembered for Americans’ voting the first?African-American President of the United States into office.replica gucci shoes But it?was also historic for another reason: an estimated 22 million young?Americans under the age of 30 showed up at the polls, the third?highest turnout rate for young voters in the nation??s history. Four years later, as?Barack Obama addresses the Democratic National Convention in Charlotte, much of that enthusiasm is gone. According to a July?Gallup survey, only 58% of registered voters ages 18 to 29 said they?will ??definitely vote?? this fall. That’s well below the 78% of young?voters who said the same in the months before the 2008 election.fake louis vuitton?Obama, who won voters under 30 by 34 points in?2008, needs to recapture some of that youthful energy to win his tough?re-election battle. (PHOTOS:?The Obama Brand) The President still has an advantage among young voters. A recent?poll found that 18-to-29-year-olds prefer Obama to Mitt Romney by a?55%??42% margin. But turnout will be key to making that advantage a significant electoral asset.louis vuitton outlet online In hopes of energizing young voters as he did four years ago, Obama set out on Road to Charlotte, a two-day tour, last Tuesday. The President stopped at college campuses in the battleground states of Iowa, Colorado and Virginia. And his team has been working directly with organizers on college campuses to gear up their efforts for November. But the Obama campaign isn’t the only organization working to turn out?young voters.loui vuitton Groups like Rock the Vote, which kicked off the largest nonpartisan voter-registration campaign in the?country on May 2, are trying to re-create the energy of 2008 too. (PHOTOS:?The Democratic National Convention) With an ambitious goal of registering 1.5 million new voters, Rock?the Vote hopes to modernize the election system for a young,?technology-savvy generation. ??We have an election process that was?built for a 19th century voter,?? says Heather Smith, the group’s?president.cheap gucci belts Rock the Vote is now able to register voters from?computers and mobile devices. It’s partnering with Microsoft’s?Xbox and Virgin Atlantic to register people everywhere from?their living rooms to 35,000 feet in the air. There’s even a Facebook app. ??The Facebook tool allows us to not just?register our friends and our connections, but it allows them to become?the organizer, the ambassador,?? Smith says.fake ugg boots ??We used to work in?neighborhoods where you knocked on doors. Now we work in networks.???Despite the technological advances, young voters may face obstacles in?2012. Several states have passed controversial laws requiring people?to show a photo ID before they vote.chanel outlet Democrats worry that many voters?from their traditional constituencies, including the youth bloc, will?be turned away at the polls. The Center for Information and Research?on Civic Learning and Engagement recently found that 68% of?young people don??t know whether their state requires a photo ID to?vote. Rock the Vote has planned a September concert in Pennsylvania?featuring Hawaii rocker Jack Johnson to educate young people about the?laws. ??Our goal is not to tell people what to do but to give them the tools?to make up their mind,?? Smith says.gucci handbag for sale ??Our collective power, if we?participate, can change the direction of our country. Young people?understand that.?? The Obama campaign understands it too.
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Muammar Gaddafi once asked Joe Biden why Libya was on the U.louis vuitton handbags for saleS. list of terrorist nations. ??Because you??re a terrorist!?? Biden replied to his face. On a trip to an Indiana battery factory, Biden was shown an electric vehicle called the Think.loui vuitton ??Who the f— names their car Think??? he asked. I got to sit in on a Cabinet meeting Biden hosted about the Obama stimulus. ??The Recovery Act has been the most successful government program in history!?? he blurted as he rushed in the door. As one of his aides told me, you never have to wonder what Vice President Biden is thinking, because he just said it.ugg boots outlet He??ll be on a tight leash on Thursday night at the Democratic National Convention in Charlotte, providing campaign-approved puffery about the magnificence of President Obama. And he believes it, mostly. But as I explain in my book The New New Deal, where all those Bidenisms appear, the exuberant 69-year-old Irish Catholic pol from Scranton, Pa., has complex feelings about his younger, calmer, more polished, more introverted boss.fake louis vuitton Biden views Obama with a strange mixture of condescension and awe. Biden is in many ways Obama??s polar opposite, the fire to his ice, the id to his superego, the insider to his outsider. He loves the same tactile side of politics that Obama hates: the schmoozing, the glad-handing, the dealmaking. The tensions in their shotgun marriage surfaced publicly the day after the Inauguration, when Biden teased Chief Justice John Roberts for flubbing the oath, and Obama shot him a stop-it glance that could have frozen lava.replica chanel shoes In private, Biden mocks the President??s people skills and chilliness, and even his ability to curse properly. And he still sees himself as the Washington wise man showing his young ingenue how politics works. When talking about policies, he often says the President ??gets it,?? a patronizing Bidenism for ??agrees with me.?? To illustrate his own importance to the President as a Capitol Hill liaison, he told me, rather indiscreetly, that Obama once said to him, ??Look, you were a Senator.cheap gucci belts I was never a Senator.?? (PHOTOS:?The Obama Brand) Biden thinks the White House has fumbled the politics of the past four years, getting trapped in an unwinnable short-term debate over numbering jobs instead of explaining how the Administration has been driving long-term change. When we spoke about the stimulus, he made several dismissive comments about the brilliant young Ivy Leaguers around the West Wing who seemed to think their Keynesian heroics in preventing a second Great Depression would be obvious to everyone. ??I have some sense of human nature,?? he told me with a smirk.louis vuitton speedy And when he contrasts his hey-man, working-class, gut-instinct approach to politics with the hyper-rational pointy heads down the hall, it??s pretty clear who he has in mind. That said, Biden also talks about Obama in tones of genuine amazement: a steel backbone, a brain bigger than his skull, a heart in the right place, a guy who gets the facts and makes the call and never looks back. After watching Obama??s crisp decisionmaking during the transition, he told his chief of staff, ??They got the order of this ticket right.?? He also sees the President as a man of his word, which means something to the guy who??s always pledging his ??word as a Biden.fake uggs?? Obama promised to include Biden in important meetings and listen to his unvarnished advice, and he has. ??He wanted me to be the bastard at the family picnic, which, politely, I am,?? Biden says. Obama doesn??t always take Biden??s advice ?? the Vice President was skeptical of the push for health reform, the raid on Osama bin Laden and the surge in Afghanistan ?? but Biden backs the party line in public. He did get out a bit in front of the President on gay marriage, but that was so unusual, it makes me wonder how accidental it really was.ugg boots outlet (PHOTOS:?The Democratic National Convention) Obama views Biden with a mix of condescension and respect too. When they served together in the Senate, Obama saw Biden as a gasbag, a classic example of the dangers of Senatoritis. During the 2008 campaign, he was infuriated by Biden??s lack of discipline, a mortal sin in Obamaworld. And he??s still a bit bewildered by Biden??s goofy side; like everyone else in Washington, he sometimes rolls his eyes at Joe-being-Joe stories.replica chanel shoes But he gave Biden two areas of responsibility ?? Iraq and the Recovery Act ?? and he thinks Biden handled them well. There is also a grudging feeling throughout the White House that while Biden??s man-of-the-people shtick can be annoying ?? the economists get sick of him asking them to explain what things mean to the ordinary family ?? the Vice President does have some political and personal insights that the pointy heads lack. Today Gaddafi and the Think are no more, while the Recovery Act has been pretty damn successful, if not the most successful government program in history. Biden may be a Republican laugh line, and his speech on Thursday won??t rival Michelle Obama??s or Bill Clinton??s.fake louis vuitton But after 40 years in Washington, sometimes he knows what he??s talking about.
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On Wednesday night at the DNC, Massachusetts Senate candidate Elizabeth Warren drew attention to a New Testament passage that has had increasing significance for the Democratic Party: the Gospel of Matthew, Chapter 25.louis vuitton neverfull ?? ??In as much as ye have done it unto one of the least of these my brethren, ye have done it unto me,?? ?? she said, quoting Jesus. ??The passage teaches about God in each of us,” she continued, “that we are bound to each other, and we are called to act ?? not to sit, not to wait ?? but to act, all of us together.?? The Bible passage became popular among Democrats in 2008, when strategist Mara Vanderslice founded the Matthew 25 Network, a grassroots PAC designed to organize the Christian left for Obama. Since then, Democrats have used Jesus?? message of caring for the poor to connect with evangelicals on issues ranging from environmentalism to the economy.replica gucci shoes (PHOTOS:?The Obama Brand) ??Ms. Warren, like Democrats throughout the week, embodied the faith of the Democratic Party for the nation to see and hear,?? explains Democratic consultant Burns Strider. ??She showcased the compassion, authenticity and comfort of articulating the shared American values Democrats largely derive from a faith in God.?? (PHOTOS:?The Democratic National Convention) Warren’s speech also aligned with efforts of the Democratic National Committee??s faith-outreach team.gucci outlet online At a convention panel earlier on Wednesday, speakers stressed that the Affordable Care Act exemplifies the President??s concern for the poor. ??Elizabeth Warren??s terrific speech last night reaffirmed the vision she shares with President Obama that every American deserves the opportunity to reach our fullest God-given potential,???DNC deputy director of faith outreach Joshua Dickson says. ??Her inclusion of Matthew 25: 40 was another reminder of the important role people of faith and faith traditions continue to play in the Democratic Party and reflects the core value that she and the President share.
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Well, everyone was feeling really bummed about the 2012 presidential campaign–BC.chanel handbags for sale (Before Clinton.) And while a gust of great oratory always lifts my spirits, we still have a gridlocked political system and a fiscal cliff looming. In the two days since I wrote this column, I’ve done some reporting–the fiscal cliff seems to be Topic A among the Democratic Party’s Wall Street contingent–and had some second thoughts about my most depressing conclusion: that Mitt Romney may be better positioned to make the grand budget/deficit deal than President Obama. Here are some additional cogitations.louis vuitton handbags for sale It’s All About John Boehner.?If Obama wins, will Boehner make a deal? One close friend of the President’s told me that it was “90%” certain that Boehner would make deals on both the Fiscal Cliff and Immigration, since rationality will have dictated to the Republican Party that they’re on the wrong side of history on both these crucial issues. But Wait A Minute…Since When Did Rationality Matter??Well, maybe, another finance guy proposed to me, if the Tea Party suffers some serious losses in the coming election, Boehner will acquire the, well, brass–in the immortal words of Bill Clinton–to stand up to the wingnuts. I doubt it, especially if the most serious loss–the presidency–is the result of having nominated an unloved moderate named Romney for the job.louis vuitton neverfull In that case, the wingers will be all the more convinced that they only way they win is with a true believer, and without compromise of any sort. (Although it is possible, as the financial guy argued back, that enough non-wingnut Republicans will decide not to Thelma and Louise with the wingers to sneak a Grand Bargain through the House.)(To which I could only say, name me ten of them.) But Klein, Do You Really Believe Romney would make that deal if he wins??Uh…got me.louis vuitton speedy There is absolutely no evidence that Mitt Romney will have the…brass?to stand up to Boss Limbaugh. I can fantasize that under all the extremist crud he’s barnacled himself with during the campaign, a moderate Romnoid dealmaker still exists. But I have zero–or zee-row, in the immortal enunciation of Bill Clinton–evidence. And if he did, the right wing of his party would go berserk and start a half-dozen rebel primary candidacies in Iowa by Mother’s Day.gucci outlet online And so, here’s what is actually going to happen. Nothing. And I have it on good authority, from one of the smartest senior politicians in the Democratic Party, that the odds-on bet is that they’ll kick the can down the road. I don’t know about that.fake louis vuitton I’m not that cynical. Surely, the President, if reelected, will demand that we finally return to the modest, sane levels of taxation on higher income Americans that the immortal Bill Clinton imposed in the 199os, right? Surely, we can’t go on this way, paralyzed, right? To which my interlocutor replied, “Hey Klein, you wanna bet on that?” Actually, no. And so, thoroughly depressed once more, I await the President’s words tonight. By the way, Elaine Kamarck of Harvard’s Kennedy School–and the Democratic Party’s platform committee–has some important misgivings about the pre-Clinton tone of the convention.louis vuitton replica
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The President gave a fine speech Thursday night.fake ugg boots His vision of the country is much closer to the place where I live ?? and, I daresay, where most Americans live ?? than Mitt Romney’s. It is an America that includes truck drivers and teachers and autoworkers as well as Romney’s beloved entrepreneurs. Obama laid out the case against Romney’s constricted vision in a very effective way: “If you have a cold, they say take two tax cuts and roll back some regulations and see us in the morning.” He was, of course, defter, funnier, more profound than Romney.cheap gucci belts He told basic truths like “global warming is not a hoax.” He made no absurd promises. He recognized the difficulty of our situation. He acknowledged mistakes.fake ugg boots But he did not close the deal. The speech disappointed me, and I’m not quite sure why. (MORE: Full Text of the President’s Address) Perhaps it was the absence of detail. The only propositional statistic I remember is his calling for 100,000 more math and science teachers.louis vuitton outlet online I wanted him to say: Here’s what we did that worked; here’s where we need to work harder; here are a few things we’ve learned we have to do differently; here’s what I hope we can do. In a way, he was hamstrung ?? as Romney was ?? by his personal distaste for tooting his own horn. I actually liked the details in Joe Biden’s speech better, the stories of Obama saving the auto industry and making the decision to whack Osama bin Laden. But even there, Biden didn’t quite deliver: he did not, perhaps could not, say it was really ballsy to go into Pakistan without their permission, and that our generals were advising the President to bomb the compound rather than send in the SEALs who were able to retrieve all sorts of valuable information that has led to the death or capture of many more al-Qaeda leaders.gucci handbag for sale President Obama defied the generals and achieved a better result than they were willing to imagine. But I still wonder: What is he going to do with his second term? What are the next things we need to do as a nation? Why did he limit his defense of the Affordable Care Act to a sentence or two about a girl in Phoenix with a pre-existing condition? Why didn’t he say more about the revival in manufacturing that seems to just be beginning? Why didn’t he get more specific, and dreamy, about the whiz-bang new energy products that are being developed by basic-research government agencies like ARPA-E? He talked about goals; why did none of them seem big? Why can’t I remember any of them? Why didn’t he talk about the world’s largest solar farm, under way in Nevada? Why didn’t he envision an America ?? happening right now, by the way ?? where people can put solar tiles on their roofs, take care of their own electrical needs and sell the surplus to their local utilities? Or something else. Whatever. Something to hang on to and aim for.replica louis vuitton (MORE: A Tough Slog: Obama Asks America to Go on Hope) I suppose he was being realistic. I suppose that given the Republicans’ fanatic assault on government itself ?? the use of government as an epithet ?? it’s not too wise to dream big anymore. Is it possible to understand that and still be disappointed? Back in 1992, I remember George Stephanopoulos saying to me, “Specificity is a character issue this year.” He was speaking about Bill Clinton ?? and we saw Clinton’s native ?specificity, his ability to make facts come alive, on display last night.louis vuitton backpack for sale In terms of sheer candlepower, Clinton and Obama are the two smartest politicians I’ve ever covered. Given what I saw of Clinton’s handling of the military and foreign policy in the 1990s, though, I don’t think he could have made the crisp, subtle decisions that Obama made over the past four years. But I’m continually disappointed by Obama’s inability to make the domestic policy decisions he’s made come alive to the American people, to show us what sort of country we’re going to be living in when we emerge from this mess, to show how we are going to be different ?? necessarily ?? when we come out the other side. To be sure, he gave us more than Romney.louis vuitton replica Romney has given us practically nothing. And the expansive joy of the Democrats, in all their many wonderful hues, was far more bracing than the heavily narcotized and straitjacketed rage of the Republicans in tamped-down Tampa last week. The Republicans’ untoward anger, their illegitimate fantasies about Barack Obama, is an American disgrace. I like and admire the President; he’s smart and funny and exemplary.louis vuitton replica He’s made some very difficult decisions, correct decisions under impossible circumstances. He pulled us from the brink, from an economic disaster largely caused by the plutocrats now criticizing him so shamelessly and falsely. But I want more from him, more guidance, more leadership. Somehow ?? and this is still true for an electoral majority of Americans ?? we all do.fake louis vuitton
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I??m not on President Obama??s payroll, no matter what Stephen Colbert says, so I can say this without fear of being fired: I didn??t get that speech.replica chanel shoes It felt subdued and clich辿d. It felt like it was a few speeches stitched together. It felt like, after overpromising in 2008, he was determined to underpromise in 2012. And it all led up to a final ask that seemed baffling: ??If you share that faith with me ?? if you share that hope with me ?? I ask tonight for your vote.louis vuitton speedy?? You??ve been President for four years! Is mere hope still the best reason to support you? I don??t want to say too much more before I reread the speech, because as always there were nice moments ?? about the reality of global warming, about the Republican obsession with tax cuts, about the little girl from Phoenix whose insurance company is going to have to pay for her heart surgery. It??s no secret that I think Obama has a powerful story to tell about the change that??s happened over the past four years, so I was happy to hear him brag about saving the auto industry, doubling renewable energy, raising educational standards, ending the war in Iraq and killing Osama bin Laden. I even liked his notion that ??you did it.?? Maybe I??m just sick of convention speeches.ugg boots outlet I actually liked this one better on the page, which is pretty unusual for a Barack Obama gig. I could see how it made him look serious and presidential. But it still seemed to be a compromise between White House factions who couldn??t agree on how much to brag about Obama??s record and how much to focus on the future, how much to bash Republicans and how much to reach for a more uplifting tone. ??If you buy into the cynicism that the change we fought for isn??t possible, well, change will not happen,?? Obama said.louis vuitton belts ??If you give up on the idea that your voice will make a difference, then other voices will fill the void.?? But wait: I thought change did happen. Why would we want to give up? I don??t entirely trust my snap judgments about these things, but the speech felt like a downer, hope and all. Joe Biden made a better case for his boss, and Bill Clinton and Michelle Obama made much better cases.replica louis vuitton Obama made a persuasive argument that returning power to Republicans could be a disaster for the country ?? it??s not a hard argument to make ?? but he didn??t make four more years of Obama sound like much fun. ??Yes, our road is longer, but we??ll travel it together,?? he warned us. ??We don??t turn back. We leave no one behind.loui vuitton?? Sounds like a tough slog.
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4:40 p.handbags louis vuittonm. Tonight was supposed to be big, 60,000 voices screaming in unison, the Super Bowl of entitlement policy and Romney-bashing. But instead, under the threat of lightning, something like 20,000 gather indoors where James Taylor sits onstage, singing songs other than “Fire and Rain.” ??I’m an old white guy, and I love Barack Obama,?? he says instead.gucci handbag for sale 5:38 p.m. The usual convention formalities ?? colors, anthem, benediction ?? introduce Massachusetts Congressman Barney Frank, who goes off prompter and over his time talking about ??Myth Romney,?? the political superstar that Mitt Romney will never be. Then comes Georgia Representative John Lewis, one of the original freedom riders, who tells his story of coming through Charlotte in 1961, the year that Obama was born.fake ugg boots He explains the current campaign as a natural extension of Civil Rights, right down to the voting-access struggles. “I’ve seen this before,?? he warns. ??I’ve lived this before.” 6:13 p.fake ugg bootsm. Vocalist Mary J. Blige sings in front of a giant picture of the Constitution. ??Let’s get it?crunk for President Obama for four more years,?? she says.gucci outlet online But don??t get excited. Political conventions, like the Home Shopping Network, are not designed to be watched in their entirety. So the repetition begins. Once again, Los Angeles Mayor Antonio Villaraigosa says the Democrats are ??honest?? and ??the truth is hard to find?? near Republicans.replica gucci shoes Tammy Baldwin does the ??more tax cuts for the very top?? thing. Michael Nutter repeats the corporations-aren??t-people thing. 6:51 p.m.gucci outlet online More grab bag. Zach Walls, who has two mothers, says he is ??awesome at putting the seat down?? and that Romney is wrong to say the best families for children are the ones with a mother and a father. ??Every family deserves a family as loving as mine.?? Campaign manager Jim Messina explains how everyone can donate to the campaign by text message.replica chanel shoes Videos play. Joe Biden is nominated as Vice President by his son. He tears up. The Foo Fighters bring the foo.replica gucci shoes South Carolina Representative James Clyburn does not. (PHOTOS: Democratic National Convention) 7:43 p.m. Two pretty actresses take their turns.cheap gucci belts Kerry Washington says, ??The other side wants to take our voices away and render us invisible,?? even though this is not really a concern for her. Scarlett Johansson tries to get young people to the voting booth. She says, ??I remember that excitement I felt in that secret box.?? 7:57 p.louis vuitton speedym. A touching moment. Former Arizona Representative Gabby Giffords, still recovering from a madman??s bullet to her head, limps onto the stage and recites the Pledge of Allegiance. The crowd chants her name, some cry.replica chanel shoes Then, hall is filled with repetitions of ??fired up, ready to go.?? 8:00 p.m.?Caroline Kennedy sounds like she just woke up from a nap.chanel handbags for sale Representative Xavier Becerra calls Ryan’s entitlement plan ??Couponcare.?? The repetitiveness of the speakers is bad enough, but the drowsy deliveries have put the crowd in a stupor. So former Michigan governor Jennifer Granholm saves the day. ??In Romney’s world, cars get the elevator and workers get the shaft,?? she says.louis vuitton speedy Then she lists how many automaker jobs were saved in each swing state. She slices the air with her hands, as the noise builds. By Ohio, she’s bright red and the audience is too loud to continue, so she just leans on lectern and furiously pumps her fist for a while. The Internet’s GIF makers rejoice.replica gucci shoes 8:19 p.m.?Another hour, another gorgeous multimillionaire actress. This one cops to being extraordinary.fake louis vuitton “The Eva Longoria who worked at Wendy’s flipping burgers ?? she needed a tax break,?? she says. ??But the Eva Longoria who works on movie sets does not.” Montana Governor Brian Schweitzer comes out in blue jeans and a bolo tie and drops the phrase ??git???er done.?? ??Mitt’s a good family man and a loyal American,?? Schweitzer says.fake uggs Then he explains why everything else about Romney is bad and wrong. 8:34 p.m. It’s time for the token party turncoat, former Republican governor Charlie Crist of Florida.louis vuitton outlet online He looks like a younger George Hamilton, with eyebrows that dance every time he makes a point. Republicans are ??beholden to ??my way or the highway?? bullies, indebted to billionaires who bankroll ads and allergic to the idea of compromise,?? he says, so now he likes Obama. He has a portable fan placed at his feet to cool him as he talks. (MORE: What You Missed While Not Watching the Second Night of the Democratic Convention) 8:42 p.replica gucci shoesm. Craggy-faced Senator John Kerry reporting for duty. The mission: audition for Secretary of State. ??Ask Osama bin Laden if he is better off now than he was four years ago,?? Kerry says.fake louis vuitton Republicans called him a hapless flip-flopper when he ran for President, so Kerry relishes turning the charge on someone else. ??For Mitt Romney, an overseas trip is what you call it when you trip all over yourself overseas.?? Most of the digs are good humored and he even razzes himself. ??Talk about being for it before you were against it,?? he says of Romney’s position on Libya.gucci handbag for sale 9:29 p.m. After some video walk-up, Joe Biden works the stage, waving to this person and that. The crowd holds ??Fired Up?? and ??Ready for Joe?? signs.louis vuitton speedy ??I want to take you inside the White House to see the President as I see him every day.?? But the inside story sounds a lot like the official story, with heavy emphasis on character. ??He always asks the same critical question, ??How is this going to affect the average American … That is what??s inside this man. That??s what makes him tick.louis vuitton shoes replica That??s who he is.?? 9:45 p.m. Biden tells a contrast story wrapped around a bumper sticker: ??Osama bin Laden is dead.handbags louis vuitton And General Motors is alive.?? Biden doesn??t think Romney is ??a bad guy.?? But Biden thinks Romney would have let Detroit fail, and he would not have killed bin Laden. 9:59 p.louis vuitton backpack for salem. Now he has pivoted to the Republicans. Biden thinks they are betting against the American people, which is a mistake. He shouts, then whispers, then shouts again.gucci handbag for sale As the networks cut in to live coverage, he is talking about those who have been killed and wounded in recent wars. Then he is shouting again. ??Re-elect President Barack Obama.?? Crowd roars.replica gucci shoes His wife Jill comes onstage. They hug. Biden leaves victorious. 10:09 p.ugg boots outletm. Illinois Senator Dick Durbin gives the network anchors a chance to be pundits, or cut to commercial. Then there is a video, which allows American flags to be distributed to the crowd. Then Michelle is back.chanel handbags for sale She introduces ??the love of my life, the father of our two girls and the President of the United States,?? which is probably a fun thing to be able to say. They embrace. ??You??re good,?? her lips seem to say to him as they part. (PHOTOS: Tight Security Ahead of Obama’s DNC Debut) 10:25 p.louis vuitton beltsm. Here it is. The big moment. After two rousing nights, with speeches that made the hall wild, the President has his chance.louis vuitton shoes replica But from the beginning it’s clear that this will be prose, not poetry. He has a job to get done, a need to explain his plans for the next four years. The inspiration part of the week has been outsourced. ??I won??t pretend the path we are on is quick or easy.louis vuitton belts I never have,?? he says. ??But know this America, our problems can be solved, our challenges can be met. The path we offer may be harder but it leads to a better place.?? This is not Obama the savior.louis vuitton handbags for sale This is Obama the public servant. 10:39 p.m. Obama??s refrain is ??You can choose.louis vuitton speedy?? He repeats it as he lays out his priorities, which are predictable: more manufacturing jobs, better education, tax reform, greater energy independence. ??In this election, you can do something about it,?? he says. It is a speech written mostly in the second person. 10:55 p.louis vuitton shoes replicam. After some restrained Romney and Republican bashing, the President extends the second person into another tense. You are not just the future. You were the past.ugg boots outlet ??You see, the election four years ago wasn??t about me,?? he says. ??It was about you. My fellow citizens, you were the change.?? 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Democrats are reveling in the damage the GOP base has done to Mitt Romney’s chances to defeat President Obama in November.louis vuitton handbags for sale Between Todd Akin’s malapropist contribution to the political lexicon (“legitimate rape”) and Romney’s high-stakes embrace of his party’s latter-day Ayn Randians, Republicans seem undeterred by the Democratic caricature of the GOP as a mass of science-denying fundamentalists in service of a few greedy plutocrats. But with two months until Election Day, Obama is deeply engaged in his own effort to persuade Americans to put faith ahead of facts in what? was once the central battleground of the election: the economy. Over the past two weeks, even as the Democrats rallied to patriotic themes at their convention in Charlotte, several dismal economic reports have shown everything from slow job growth and manufacturing losses to flagging construction and faltering consumer confidence. (PHOTOS: Democratic National Convention 2012) As a result, Obama is not just unable to argue that he has fixed the broken economy he inherited but also is hard pressed to argue that the country is moving in the right direction.ugg boots outlet Which leaves him trying to convince Americans they’re better off with the sputtering economic recovery they know than the program Romney is offering. The economic news is grim. August jobs data from the Bureau of Labor Statistics show an anemic 96,000 new jobs created and a continuing exodus of people from the workforce. Manufacturing activity is at its lowest level in three years.fake louis vuitton shoes Construction spending fell for the first time since March. And in late August, a widely watched consumer-confidence index dropped to its lowest level since November. (MORE: Is U.S.chanel outlet Economic Growth a Thing of the Past?) How bad is it? Just months ago, as hopes of a rebounding economy grew, Federal Reserve Chairman Ben Bernanke tempered expectations for further central-bank intervention in the bond market. Now the Fed seems poised to launch a new round of quantitative easing in hopes of goosing the economy. (PHOTOS:?Political Pictures of the Week, Sept. 7-14) For all that, the political consequences for Obama appear to be mixed.gucci handbag for sale Democrats are touting the jobs gains over his tenure and have latched onto the auto bailout as the best evidence that his approach to the recovery can work if given time. That line of attack was distilled into its purest form by former Michigan governor Jennifer Granholm at the Charlotte convention. In theory, Romney should be able to use the recent bad economic numbers to fight back hard against such attacks. But the Republican nominee seems unable to turn his business success into political capital.cheap gucci belts If the latest poll numbers are right, Romney’s failings are somehow making reluctant Obama supporters out of voters in swing states, despite the dismal economic facts.
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Republicans need not panic about recent grim national tracking polling numbers that have shown President Obama opening up a lead of three to five points, writes Romney pollster Neil Newhouse in a state-of-the-race memo sent out Monday morning.fake ugg boots “While some voters will feel a bit of a sugar-high from the conventions, the basic structure of the race has not changed significantly,” the missive reads. “The reality of the Obama economy will reassert itself as the ultimate downfall of the Obama Presidency, and Mitt Romney will win this race.” Never mind that a senior Romney adviser predicted an 11-point Republican convention bounce just a few weeks ago. This argument is paper thin on its own.loui vuitton The economy is bad and that alone means Obama will lose, Newhouse argues. This is a pretty good theory–and still quite plausible, I’d say–except for the fact that it’s clearly not one that the Romney campaign believes any longer. In early August, when Romney gambled on Congressman Paul Ryan as his running mate, his campaign began making the case that this election is a choice between two different governing philosophies, not just a referendum on Obama’s economic stewardship. The most likely explanation for this shift was that all things being equal, Romney believed he would lose a referendum on Obama.fake ugg boots The economy is undoubtedly the President’s greatest weakness and he’s not going to get much help on that front in the closing weeks of the race. But if Romney doesn’t believe that will be enough to topple Obama, why should anyone else? Polls that show Obama ahead also show that he’s not ahead by very much, “virtually guaranteeing a tight race,” the memo points out. OK. Since no one has ever said this race would be anything but tight, I’m not sure where Newhouse is going with this, but let’s translate it into a tired football metaphor: We’re only down by one score in the fourth quarter.louis vuitton handbags for sale Is that supposed to cheer Republicans up? This section also points to several states where Obama’s lead is “only seven points.” Now that’s a glass half full view if I ever heard one! Conspicuously absent from the memo is any mention of internal campaign polling that’s more favorable to Romney than recent public surveys, which is usually what campaign polling memos supply. Reasonable inference: Optimistic internal polling doesn’t exist. Jimmy Carter led Ronald Reagan at one point in 1980 and then he lost, Newhouse writes.replica gucci shoes This Ronald Reagan character sounds great, but the memo barely tries to mush these apples and oranges together. The economy was important then, too, it says before moving on to other non-sequiturs ?? without mentioning that Reagan’s big surge started with a double digit bounce out of the GOP convention. “The Romney-Ryan campaign is running deeply local and targeted efforts in each of the states focusing on the voter groups that will make the difference on Election Day,” the memo reads. “Anyone asserting a ‘one-size-fits-all-campaign’ effort is being put forward is simply misinformed.chanel handbags for sale” This may quiet the unnamed critics, but the Obama campaign also has a vast voter targeting operation. The memo brags about Republicans’ ground game and turnout operations too, another area where they can claim success all they like, but can’t credibly say their organization is better than Democrats’. These things are not evidence that the polls underestimate Romney. Republicans raised more than $111 million in August, Newhouse writes.louis vuitton handbags for sale This is his best point: Romney does have a financial advantage, outside groups only widen the gap and there is a massive flood of GOP advertising coming. But the August figures aren’t really the best to tout since Democrats narrowly?outraised them last month. And fundraising is not an explanation for bad poll numbers. Really, nothing in this memo is.fake ugg boots
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A while back I wrote about the opacity of Romney’s views on monetary policy, so it’s worth circling back around given that he touched on the issue briefly in his interview on Meet the Press.replica gucci shoes Here’s the relevant portion of the transcript: MR. ROMNEY: ?I mean, this– this is– this is really saying that people are having a hard time finding work.?It??s very, very troubling.? And of course the stock market does well in part because the indication by the Fed that they’re going to print more money, pour more money into the system, says we’re likely to have down the road high inflation.handbags louis vuitton ?And where else are you going to go? ?If interest rates are going to be near zero investors have to go somewhere to protect against inflation.? The stock market’s the only place to go. GREGORY:? You don’t think the Fed ought to be any more involved at this point? MR. ROMNEY:? Well, I don’t think that– that easing monetary policy is going to make a significant difference in the job market right now.louis vuitton shoes replica ?I– I think what the– the nation needs is a change in fiscal policy. ?A– a different structure to our economic positions. ?And if we take the right course I believe you’re going to see this economy come roaring back, because I do believe, as you began by saying, that– that there are– many, many entrepreneurs as well as major corporations that are ready to jump, but they’re hoping to see the kind of conditions on the ground in this country, the economic conditions, the pro-business, pro-jobs conditions, that suggest it’s a good idea to invest in America again. There are a few things worth pointing out here.replica louis vuitton One is Romney’s continued ability to talk about monetary policy without offering any hint of his guiding philosophy. ?His statement that easing is not ??going to make a significant difference in the job market right now?? is not particularly telling. Depending on how you define ??significant,?? I think you??d be hard-pressed to find someone who thinks that another bond-buying program from the Fed can turn the economy on a dime. Beside, he’s?said before that he does think easing can work.replica chanel shoes (He called it ??effective to a certain?degree?? in 2009.) More notable is what Romney isn??t saying:?that the Fed has no business trying to affect employment,?a view that his running mate holds. But he also hasn’t ruled it out. Second, Romney??s point that fiscal policy is more useful right now is something that Ben Bernanke and Barack Obama totally agree with.chanel handbags for sale Romney won??t call it ??stimulus?? or finger congressional Republicans as the primary obstacle to its passage, but some form of federal spending and/or tax cuts a la the Recovery Act and the?December?2010 Bush tax cut deal are basically the sort of policy he??s talking about. It??s safe to assume Romney leans more toward the tax cut side of things, but if you doubt his belief in stimulus, you need only go back to 2008, when he proposed a $250 billion package, more than any other presidential candidate,?and criticized John McCain for proposing austerity. (He also warned about the dangers of cutting too quickly this year.) The U.replica chanel shoesS. has been operating without deliberate fiscal policy since the end of 2010, and Bernanke does not enjoy the fact that he??s basically steering the economy alone. “I??d?be much more comfortable in fact if?Congress would?take some of this?burden?from us and address those issues,?? he said this year. Romney apparently agrees.loui vuitton Finally, there??s this sentence to unpack:????And of course the stock market does well in part because the indication by the Fed that they??re going to print more money, pour more money into the system, says we??re likely to have down the road high inflation.?? I can??t tell whether he??s stating his opinion that high inflation is on its way if the Fed engages in further easing or whether he thinks that the Fed has already signaled to the markets to expect high inflation. If it??s the latter, Romney is wrong. As the Federal Open Market Committee put it in its Aug.louis vuitton shoes replica 1 statement, ??Inflation has declined since earlier this year? and longer-term inflation expectations have remained stable.??? But either way, Romney??s flashing the kind of monetary hawkishness that??s in vogue these days on the right. The question remains whether that??s lip service or whether it would inform his pick to head the Federal Reserve should he be elected President.
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