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Archive for January 17th, 2008

Who doesn’t love to get some great info from Drudge?

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Ann’s wit and wisdom abound – she astoundingly puts it all together in one basket for Romney.

The elephant in the room

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“Republicans haven’t had much national electoral success of late, and for that they have only themselves to blame. In the 14 years since the Gingrich revolution, too many Republicans have embraced the beltway culture and abandoned the very principles upon which their success with voters depended — smaller government, low taxes, free markets and personal liberty.

 “Nevada Republicans on Saturday should examine their choices through precisely such a filter. Each GOP candidate can make — and has made — a reasonable case that he’s best suited to ensure the party again embraces the ideas and concepts that made this nation a beacon of freedom and economic opportunity. But in our opinion, the viable candidate most likely to lead Republicans in such a direction is Mitt Romney, the former governor of Massachusetts.”

The full editorial follows:

 http://www.lvrj.com/opinion/13860907.html

 Romney best pick for state Republicans

 LAS VEGAS REVIEW JOURNAL

Editorial

 You might not know it, but there’s also a Republican caucus in Nevada on Saturday.

 While the Democratic candidates have been showering attention on the Silver State in order to sway voters in preparation for their Saturday event, Republican hopefuls have been largely absent, preferring to campaign in Michigan and South Carolina.

 Thus the GOP caucus here hasn’t garnered nearly the attention of the Democratic one.

 As it stands now, there is no clear Republican front-runner nationally. Mike Huckabee won Iowa, John McCain took New Hampshire and Mitt Romney picked up Michigan. The race in South Carolina looks to be close. Meanwhile, Rudy Giuliani is banking that he’ll grab a big win in Florida and gain momentum for Super Tuesday, when 22 states will hold primaries.

 The fight for the nomination “is going to be like the Bataan Death March,” said Ron Kaufman, a top adviser to Mr. Romney.

 Well then, perhaps even little old Nevada could provide a slight boost for the winning GOP candidate.

 Republicans haven’t had much national electoral success of late, and for that they have only themselves to blame. In the 14 years since the Gingrich revolution, too many Republicans have embraced the beltway culture and abandoned the very principles upon which their success with voters depended — smaller government, low taxes, free markets and personal liberty.

 Nevada Republicans on Saturday should examine their choices through precisely such a filter. Each GOP candidate can make — and has made — a reasonable case that he’s best suited to ensure the party again embraces the ideas and concepts that made this nation a beacon of freedom and economic opportunity. But in our opinion, the viable candidate most likely to lead Republicans in such a direction is Mitt Romney, the former governor of Massachusetts.

 Mr. Romney’s economic agenda includes several pro-growth policies, including a plan to eliminate taxes on capital gains, interest and dividends for any household earning less than $200,000 a year. He backs a line-item veto, favors making the Bush tax cuts permanent and understands that imposing higher taxes as a means of fixing Social Security will only make the problem worse.

 He’s supportive of free trade, rejects protectionism, backs tort reform, supports school choice and accountability, and while governor was even able to successfully push a handful of spending reforms through Massachusetts’ overwhelmingly Democratic legislature. Mr. Romney vows to exercise his veto power if Congress doesn’t embrace spending restraint and understands the drag that excessive federal regulation imposes on the innovation and the economy.

 Mr. Romney did push a measure to ensure universal health insurance in Massachusetts, but says as president he’d offer incentives for states to experiment with their own solutions, rather than embrace a top-down, national single-payer system. He also understands that a sensible energy policy will require developing more of America’s domestic resources.

 Mr. Romney has extensive experience in the private sector, which is unusual for far too many politicians. Before becoming governor of Massachusetts, he was the president and CEO of the Salt Lake City Olympic Organizing Committee. He is a former vice president and CEO of Bain & Company Inc., a Boston management consulting firm, and also a founder of Bain Capital, a private equity firm.

 In a speech earlier this month to the Economic Club of Detroit, Mr. Romney articulated a concise understanding of what made this country great.

 “The 20th century saw two economic systems pitted against each other,” he said. “Ours, built on free enterprise and the primacy of the consumer. The Soviets’, built on government command and control, and the primacy of the state.

 “Ours produced the most powerful economy in the world that has given its citizens a standard of living our grandparents never dreamed possible; theirs produced a downward spiraling standard of living and eventual collapse.

 “The 20th century history lesson is that America’s economy is strong because we put our trust in the American people, and in the free enterprises they create.”

 We urge Nevada Republicans on Saturday to support Mitt Romney.

 

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GOVERNOR MITT ROMNEY:  “I keep hearing the same thing, that Washington is broken.

“I hear the people say they think we deserve health care for all our citizens, but not government health care and that hasn’t been done.

“They say we ought to be able to get a reduction in the burden on the middle class, and that hasn’t been done.

“They say we ought to solve the immigration problem in this country.  It hasn’t been done. 

“If you send the same people back to Washington just to sit in different chairs, nothing will happen. 

“I will change Washington.  I will take it apart and put it back together.  I know how to bring change.

“I’m Mitt Romney and I approved this message.”

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Well it’s no surprise to anyone. From Drudge:

Higher costs for energy and food last year pushed inflation up by the largest amount in 17 years, even though prices generally remained tame outside of those two areas.

I know that Rush is really having a hard time with this. He just doesn’t want to have to escort us down the dreary road of a recession. Glenn Beck on the other hand is convinced this is the next Armageddon – or at least pretty close. I kinda think that Glenn is more on target. If you haven’t had a chance to check out Shadow Stats to get the real truth on the economy, now is a good time. Basically the bunk you hear about from most politicians and the MSM are spewing stats that the government decided to inflate to make things look more hunky dory. They actually leave out energy and food from their ratings. So what actually going on is much worse. Compounded is the worthless dollar. Gold has soared to $800 or so in the last few weeks.

Americans are in massive debt and America itself is in massive debt. The cranks and levers to fix it are maxed out. ABC news reports that the Fed may be dropping interest rates another .05% but that the effects may not be “felt for months.” The dollar is sinking fast and at any point in time, China or someone else, could dump dollars into our economy shifting London to become the new Wall street. What was even more pathetic is that our President was begging for more oil from the Saudi’s this week and was refused. Can you say that we are d-e-s-e-p-e-r-a-t-e?

One argument Rush uses, and I don’t know which report it is, says that the middle class is shrinking presumably because the middle class are “moving up” in the world. Maybe, but the stats are listing by “household”. I have yet to hear anyone say this out loud but it is simply because our whole economy is based on at least two people per household are bringing in money.

So what about those of us who are living on one income, doing all the right stuff, home schooling, and all the other duties and responsibilities of being a CFO (Chief Family Officer) living under the 100K black line. This is THE segment of the population that IS hurting. We don’t admit it because we are boldly going where few people dare to tread. Living on one income to stay home and actually raise children ourselves is now one of those rare oddities. I look at it as the fine art of nurturing souls. And it seems to be paying off one of mine (10 years old) studies Real Clear Politics every day (PS2 on the weekends) but at this rate he’s either going to become a statistician like his uncle or he’s going to run for president.

So what would be a more accurate description is that the real families of America are biting the bullet of unbelievable financial sacrifice to raise their own children to be the future of America. Financially we all know the death grip is only going to squeeze tighter. But I can tell you that the people who have chosen to staunchly fight against what feels like every effort in the world to destroy the family are willing to pay that price.

So Rush, there might be one factor you might be missing is that there are many noble families stalwartly living the American Dream of Dad off to work and the boys wrestling in living rooms, chasing the dog around the house who’s stealing toilet paper and turn on talk radio every second they can to listen to you and Glenn and Sean, and of course, whine about getting their school work done. And mom doesn’t make a dime in all of it.

Here’s some more things to take a look at:

Can Your Personal Finances Survive a Recession?

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