The coolest place on the internet, according to this tagline. Ask • Archive • FAQ
January 18, 2012
ABC is flat wrong. The Romneys’ investments in funds established in the Cayman Islands are taxed in the very same way they would be if those funds were established in the United States. These are not tax havens and it is false to say so.
Romney campaign spokeswoman Andrea Saul • Trying to quell the swirls of criticism that have emerged over Mitt Romney’s tax information. This all came to a head, in a way, during Monday night’s presidential debate in South Carolina, when Mitt Romney gave an extremely uncomfortable, unprepared seeming answer on whether or not he’d release his tax information, which all but forced them start letting some information out. The fact that Romney only pays (legal though it is) 15% in taxes has caused a stir, but not as much as subsequent reports by ABC News might; they report that Romney maintains millions in investments held in the Cayman Islands, notorious as an offshore tax haven, allowing him to pay an even lower rate. source(via • follow)
Jon Huntsman’s campaign was a better idea than it was a reality, and the idea was John Weaver’s.
Weaver, a rangy, 52-year old Texan has a storied and controversial career in Republican politics, and now an uncertain future. And the Huntsman campaign is the latest and purest version of a strategy that he’s been pressing since he was at John McCain’s right hand in 2000: A Republican campaign that embraces the mainstream media, sets itself against elements of conservative dogma, and builds a coalition of moderate Republicans and independents that – if it could only survive the primary – would be formidable in a general election. The campaign’s birth in baroque intrigue and its high-level infighting are also Weaver signatures.
Weaver also spearheaded a much-more-successful (but not a winning) candidate in John McCain, and Huntsman’s failure to get off the ground led to much criticism from pundits on the right. Read more here.
Jon Huntsman’s campaign was never going to work. He finally realized that and will drop out to give Mitt Romney, for whom he exhibited no small amount of animosity during the debates, his support. In New Hampshire he preposterously told supporters that a weak third place finish, in a state in which he had campaigned almost exclusively, was his “ticket to ride” to South Carolina. But it wasn’t, just as his campaign wasn’t based on any natural constituency or rationale.
The Washington Post’s Jennifer Rubin • Offering up her harshly-worded take on why Jon Huntsman’s leaving the race. “If it was the GOP presidential nomination he sought,” she continued, “it was of a GOP in some parallel universe created by the press in which the darn Tea Party never arose, Rep. Nancy Pelosi (D-Calif.) was still speaker of the House and Republicans yearned for an isolationist foreign policy even to the left of President Obama’s.” While the conservative Rubin clearly has her opinions, there is a grain of truth here. Huntsman’s a likable guy, but this was not a campaign that worked in his favor.
Breaking News of the Day: In one of the closest candidate-selection races in US history, Rick Santorum and Mitt Romney switched places several times during the night, but a down-to-the-wire photo finish put the former Governor of Massachusetts ahead by a virtual-tie margin of 8 votes in Iowa’s first-in-the-nation caucus.
To put that in perspective, over 122,000 people turned out to vote.
Among the other candidates, Ron Paul’s all-in campaign landed him in third place ahead of Newt Gingrich, Rick Perry, and Michele Bachmann, respectively. John Huntsman, who is putting all his eggs in New Hampshire, was absent from the caucuses, and subsequently came in last.
Though none of the candidates behind Santorum and Romney officially stepped down, Perry said he would be returning to Texas to reassess his campaign, and Michele Bachmann’s campaign manager Keith Nahigian told the AP his boss may quit.
In other news, Marcus Bachmann spent yesterday buying doggie sunglasses:
Instead of seizing the moment and making an aggressive case for why the contest was now a two-man race between a movement conservative and flip-flopping moderate — a unique opportunity afforded by the endorsement’s implicit-but-unmistakable critique of Mitt Romney in his firewall state — Gingrich fell back to his familiar habits, a routine marked by too much self-assurance and not enough discipline.
Let’s not jump ahead of ourselves with the “how –––—- blew it” stories yet. We have no clue how these voters are going to handle Iowa, nor what’s going to happen in the rest of the country.
My theory … is that there has been a rarely-admitted fatigue with the Republican House, and its inability to get anything done unless there’s last-minute stop-the-clock brinkmanship. Yes, Republican voters blame Barack Obama for most of this. But if being a Tea Party candidate in November 2010 meant taking Barack Obama’s power away, in 2011, it started to mean that you were part of Washington machinery that was creaking and belching acrid smoke. Bachmann, a very good local politician, never strayed from her “record” of “leading the fight” against various Obama evils. But the evils passed. And “leading” didn’t seem to improve anything in 2011.
Key part of the commentary in italics. Fact of the matter is, she’s part of the least-popular part of the federal government, and as one of the most-vocal members, that rubs off on her. Weigel also points out what Politico’s Maggie Haberman had to say on the matter, which is that incompetence showed very quickly after she won the straw poll in Iowa.
For some Paul is seen as a homophobe and a racist. So for her fans, that may be sending them a message that she concurs with his homophobic and racist ideals. This is a problem since she does have a wide variety of die hard fans which include gays and a wide range of ethnicities who are offended by her endorsement.
Cooper Lawrence, author of the book “Cult of Celebrity” • Discussing why Kelly Clarkson’s endorsement of Ron Paul struck such a raw nerve with many of her fans yesterday. Part of it, perhaps, was the timing of Clarkson’s endorsement — Paul’s long-dormant newsletters, racially-tinged tomes which he’s long claimed he didn’t write but has never fully resolved honestly and openly, resurfaced just a week ago. (The Economist has a smartly-written piece on Paul that’s worth considering for these sentences: “In the end, Mr Paul’s obsession with the Fed is an anti-government conspiracy theory. And in America, anti-government conspiracy theories attract a lot of wingnuts, some of whom have never read Hayek or von Mises.”) For us, though, the real question is whether this whole affair will cause a big enough decline in Clarkson’s career to force a movie sequel: “From Kelly Back To Justin Again”? Justin Guarini’s floppy, Muppet-like hair is waiting for your call, Kelly. source(via • follow)
Hey all! Welcome to ShortFormBlog, a news site that's known for short blurbs, quick wit, and crazy styles. In case you'd never heard of us, we're pretty well-known around Tumblr-ville. We've even been mentioned in both Time and Newsweek. Pretty cool, huh? Anyway, follow us for more: