presidential hopefuls

Newt Gingrich talks his way into trouble


Former Speaker of the House Newt Gingrich spea...

Image via Wikipedia

Former disgraced Speaker of the HouseNewt Gingrich is back in the saddle after falling off his horse at the starting line. At least according to one poll (Public Policy Polling), Gingrich is actually the GOP front-runner. But this sudden surge in his popularity may not last. He was caught lying  about his involvement with mortgage giant, FREDDIE MAC.

Mr. Gingrich has been relentless in his criticism against FANNIE and FREDDIE–in public. But secretly he was a lobbyist for FREDDIE MAC.

According to Bloomberg News: “Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar with the arrangement.

The total amount is much larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during a Republican presidential debate on Nov. 9 sponsored byCNBC, and more than was disclosed in the middle of congressional investigations into the housing industry collapse.

Gingrich’s business relationship with Freddie Mac spanned  eight years. When asked at the debate what he did to earn a $300,000 payment in 2006, the former speaker said he “offered them advice on precisely what they didn’t do,” and warned the company that its lending practices were “insane.” But former Freddie Mac executives who worked with Gingrich dispute that account.”

Rick Perry’s embarrassing political debate blunder


Perry Event 2/1/2010

Image via Wikipedia

The big political story of the week was a political blunder in the CNBC debate last Wednesday night by GOP nominee hopeful, and Governor of Texas, Rick Perry. He could not remember one of the three federal agencies he would like to eliminate, if he is elected  president.

“Turning to Texas Rep. Ron Paul to boast, Perry said: “I’ll tell you: it’s three agencies of government, when I get there, that are gone: Commerce, education and, the –uh — what’s the third one there? … Commerce, education and the uh, the uh…” before being interrupted by a question. “The third agency of government I would do away with — education, the, uh, commerce, and let’s see — I can’t. The third one, I can’t. Sorry. Oops”

About 15 minutes later in the debate, Perry said he meant to say that the Department of Energy is the third agency he wanted to eliminate.

It was an embarrassing and excruciating moment for Perry, whose poor debate performances have defined his campaign. His poll numbers have declined steadily since his first debate. Critics have noted that his stamina in the two-hour-long debates seems to wane.

PERRY: I will tell you, it is three agencies of government when I get there that are gone. Commerce, Education, and the — What’s the third one there? Let’s see.

(LAUGHTER)

PAUL: Five.

PERRY: Five. Okay. Commerce, Education, and the —

[UNKNOWN]: EPA?

PERRY: EPA. There you go.

Q: Seriously — is EPA one you are talking about?

PERRY: No, sir, no, sir. We are talking about the — agencies of government — EPA needs to be rebuilt.

Q: You can’t — you can’t name the third one?

PERRY: The third agency of government I would — I would do away with Education, the —

Q: Commerce.

PERRY: Commerce and, let’s see. I can’t. The third one, I can’t. Sorry. Oops.

According to Peter Hamby of CNN, Perry showed up at the spin room after the debate and told reporters, “I’m sure glad I had my boots on because I sure stepped in it out there.”

Flip-Flopper Romney Can’t Close Sale On Conservatives


Mitt Romney in 2007 in Washington, DC at the V...

Image via Wikipedia

It is no secret that Republicans in the country cannot wait to see Obama go, but they are doubtful that Mitt Romney is the guy to make that happen. Over the past decade Mitt has branded himself as a who continually changes his views (flip-flopper) and that, among his many other faults does not sit well with conservatives.

The presumed GOP nominee/presidential candidate is polling behind freshman, Mr. 999, Herman Cain. This of course, is shocking, and seems unreal by many, including the Romney camp. But if I were Mitt Romney, I would be worried because the evidence indicates that–even if he were to win the nomination he may have trouble energizing the all-important Tea Party/independent vote that will play a substantial role in the 2012 Presidential race.

Romney’s problem is best described as his inability to attract and convince real conservatives that he is a worthy candidate for them to galvanize their support behind. He should do well among Northeast conservatives. However, as far as most conservatives around the country are concerned, Mitt Romney is no different that Obama. Hence is difficulty in winning them over.

Make no mistake, the central reason for Mitt Romney’s problems among conservatives is: They accurately perceive that he is not one of them, and having properly recognized this, they become justifiably annoyed at his insistence that he is conservative. While he’s not about to join McCain in calling the Tea Party ‘Hobbits,’ the truth is that there’s no love in the Romney camp for either the Tea Party segment, or the staunchly conservative base of the party. Part of this grows from the fact that he won’t sign on to various Tea Party pledges, but his more enduring problem is that he simply isn’t a conservative and he has too. too many opinions on too many important issues affecting voters.