Trump Discloses Finances

Fox News obtained a copy of Donald Trump’s forthcoming book, Time To Get Tough, in which he writes he was so close to running for president that he had already prepared to disclose his finances, something many suggested he would never do.

In an afterword section, Trump claims a net worth of just over $7 billion, of which $3 billion he calls “brand value.”


Ailes Furious at Palin

Sarah Palin infuriated Fox News chief Roger Ailes because she didn’t make the announcement she wouldn’t run for president on Fox News, Gabriel Sherman reports.

Instead, she made the October 5 announcement on Mark Levin’s radio program with Fox getting a follow-up interview on Greta Van Susteren’s 10 p.m. show.

Said Ailes: “I paid her for two years to make this announcement on my network.”


Gingrich Calls the CBO a “Reactionary Socialist Institution”

Newt Gingrich had some tough words for the Congressional Budget Office, CNN reports.

Said Gingrich: “The CBO is a reactionary socialist institution which does not believe in economic growth, does not believe in innovation and does not believe in data that it has not internally generated.”

Former CBO director Douglas Holtz-Eakin, a Republican, called the allegation “ludicrous.”

Said Holtz-Eakin: “I think if you parse that phrase carefully, he got one out of three right. I do agree it is an institution. If you’re playing baseball, that’s a decent batting average.”


Cain Will Give Interview After All

Herman Cain reversed himself and will sit down for a taped interview with the editorial board of the New Hampshire Union Leader, caving to pressure after skipping his previous interview.

Politico: “Just last week, Cain backed out of a Union Leader interview because the paper insisted on a 60-minute interview, as opposed to the 20-minute, camera-free conversation Cain hoped for. The newspaper blistered Cain in a Monday missive titled, ‘Recording Cain: What’s he afraid of?‘”


Extra Bonus Quote of the Day

“The biggest single threat to our economy is not Europe’s instability or China’s monetary policy or anything else. It is this partisan paralysis and political cowardice that I think is defining Washington and we just cannot afford to have that continue.”

— New York City Michael Bloomberg, quoted by the New York Daily News, on the failure of the congressional supercommittee.


Supercommittee Fails

As expected, the congressional deficit-reduction committee said it had “failed to reach an agreement on slashing the U.S. budget gap, a move that triggers mandatory cuts to military spending and some social programs starting in 2013,” the Wall Street Journalreports.

According to National Journal, President Obama “warned that he will veto any attempt to eliminate the automatic spending cuts that go into effect with that failure.”

He added: “There will be no easy off-ramps on this one.”

Marc Ambinder: “President Obama would have preferred the super committee produce a bipartisan deal, but what remains is not so bad: the prospect of up to $6 trillion in debt reduction if Congress does nothing, and the certainty of sharply defined election-year contrasts with Republicans.”


Gingrich Leads the GOP Field

A new CNN/Opinion Research poll confirms what many other recent national polls have found: Newt Gingrich is the new GOP presidential frontrunner.

Gingrich leads with 24%, followed by Mitt Romney at 20%, Herman Cain at 17%, Rick Perry at 11%, Ron Paul at 9%, Michele Bachmann at 5%, Rick Santorum at 4% and Jon Hunstman at 3%.

Said pollster Keating Holland: “But don’t think that Gingrich has risen in the polls simply because other alternatives to Romney have fizzled. The number of Republicans who would be pleased or enthusiastic if he won the party’s nomination has grown from 51% in May to 70% now — not the kind of numbers you would expect if voters were ‘settling’ for Gingrich.”


Bonus Quote of the Day

“I tasted a beer and tried a cigarette once, as a wayward teenager, and never did it again.”

— Mitt Romney, in a forthcoming People magazine interview.


Romney Admits Deleting Records

Mitt Romney told the Nashua Telegraph that his staff wiped electronic records at the end of his term as governor because they didn’t want “opposition research teams” to have access to them.

Said Romney: “Well, I think in government we should follow the law. And there has never been an administration that has provided to the opposition research team, or to the public, electronic communications. So ours would have been the first.”

See more…


In Service of Themselves

David Gergen: “It’s difficult to remember a Congress that has put the nation so much at risk in the service of ideology and to hold onto office. Partisans on both sides are grievously failing the country.”


Some News Makes You Know Less

A new Fairleigh Dickinson PublicMind Poll finds that the Sunday morning political shows on television “do the most to help people learn about current events, while some outlets, especially Fox News, lead people to be even less informed than those who they don’t watch any news at all.”

“For example, people who watch Fox News, the most popular of the 24-hour cable news networks, are 18-points less likely to know that Egyptians overthrew their government than those who watch no news at all (after controlling for other news sources, partisanship, education and other demographic factors). Fox News watchers are also 6-points less likely to know that Syrians have not yet overthrown their government than those who watch no news.”

These results mirror a University of Maryland study published last year.


Romney Still Leads in New Hampshire

A new American Research Group poll in New Hampshire finds Mitt Romney leading the Republican presidential field with 33%, followed by Newt Gingrich at 22% and Ron Paul at 12%.

Support for Romney has remained steady for months. In April, support for Romney was at 32%. Romney was at 29% in June and 30% in September.


What’s Next for Bloomberg?

Former Mike Bloomberg aide Kevin Sheekey hints to Newsweek that big things are planned for the New York mayor once he leaves office.

Said Sheekey: “City Hall holds him back. He stands to become something much larger after he leaves office. Mike Bloomberg has the ability to be the best parts of Bill Clinton, Rupert Murdoch, and Bill Gates all rolled up into one.”

Sheekey, of course, was behind the effort to quietly explore a Bloomberg independent bid for president in 2008.


Democrats Pray for Newt

Paul Begala: “Republicans, apparently, will date anyone before they’ll marry Mitt. Remember their brief fling with Donald Trump? Then, after he decided not to throw his hair into the ring, they fell for Michele Bachmann, the Zoya Kosmodemyanskaya of the far right. Then it was Rick Perry — the guy who claims he jogs with a loaded gun (without a safety) tucked into his shorts. And now that they’ve tired of Herman Cain’s, umm, hands-on style of leadership, it’s Newt’s turn.”

“And so, like MacArthur, Newt has returned. I, for one, could not be happier–but then again, I’m a Democrat, so I have to take my political pleasures where I can find them. I seriously doubt Newt will be the GOP nominee. But a guy can dream, can’t he?”


Endorsements Start Breaking Towards Romney

Sen. Kelly Ayotte (R-NH) and Rep. Charlie Bass (R-NH) endorsed Mitt Romney for the Republican presidential nomination, the Nasua Telegraph reports.

Jonathan Bernstein: “The political science literature tells us that high-profile endorsements are important indicators for at least two reasons. One is that these endorsements probably have a direct effect, as primary voters with little way of choosing from among similar-sounding candidates may turn to opinion leaders to sort things out. The other, and perhaps more important, factor is that high-profile endorsements are the most visible ways of seeing the co-ordination of party actors as they compete over the nomination and eventually settle on a candidate.”


Why the Supercommittee Failed

Greg Sargent, in one sentence: “Democrats wanted the rich to pay more in taxes towards deficit reduction, and Republicans wanted the rich to pay less in taxes towards deficit reduction.”


Can Liberals Ever Be Happy?

Jonathan Chait: “Liberals are dissatisfied with Obama because liberals, on the whole, are incapable of feeling satisfied with a Democratic president. They can be happy with the idea of a Democratic president — indeed, dancing-in-the-streets delirious — but not with the real thing.”

“For almost all of the past 60 years, liberals have been in a near-constant emotional state of despair, punctuated only by brief moments of euphoria and occasional rage. When they’re not in charge, things are so bleak they threaten to move to Canada; it’s almost more excruciating when they do win elections, and their presidents fail in essentially the same ways: He is too accommodating, too timid, too unwilling or unable to inspire the populace. (Except for Johnson, who was a bloodthirsty warmonger.)”


How Did the GOP Lose its Way?

David Frum: “When I entered Republican politics during an earlier period of malaise, in the late seventies and early eighties, the movement got most of the big questions — crime, inflation, the Cold War — right. This time, the party is getting the big questions disastrously wrong.”

“In the aftershock of 2008, large numbers of Americans feel exploited and abused. Rather than workable solutions, my party is offering low taxes for the currently rich and high spending for the currently old, to be followed by who-knows-what and who-the-hell-cares. This isn’t conservatism; it’s a going-out-of-business sale for the baby-boom generation.”


The Blame Game

First Read looks at the finger-pointing in the wake of the debt supercommittee’s failure to agree on a required $1.2 trillion in spending cuts.

“Republicans — as well as GOP presidential contenders like Mitt Romney — are blaming President Obama for not doing more (even though House Speaker John Boehner and the GOP walked away from the president’s grand-bargain offer last summer). Democrats are blaming Republicans for not making a serious effort to place higher taxes and more tax revenue on the table. And Republicans are blaming Democrats for not making a serious effort to reform entitlement spending. But the institution of Congress needs to take a deep look into the mirror. Because of how it works — legislation has to pass both chambers to get to the president’s desk, and 60 votes are now needed to get almost anything through the Senate — both sides have to come together to get anything done. And right now, that’s not happening. Make no mistake: This likely will hurt ALL incumbents; Congress’ job rating will get lower (who knew that was possible?); and will make running against Washington all the more appealing.”


The Case for Doing Nothing

First Read: “The Super Committee’s inability to reach a deal triggers $1.2 trillion in cuts over 10 years in military and civilian spending. That’s on top of the nearly $1 trillion Congress cut to raise the debt ceiling in the summer. And consider this: If Congress and Obama let the Bush tax cuts expire — all of them — that would produce another $4 trillion in deficit reduction over 10 years. So if Congress ends up doing NOTHING, you could see $6 trillion in deficit reduction. That said, efforts are already underway to restore military spending cuts, as well as those Bush tax cuts.”


Quote of the Day

“I waste less energy. I do fewer dumb things.”

— Newt Gingrich, in an interview with David Brody, on why he’s a better candidate today than years ago.


GOP Presidential Field to Start Spending Big

As the Republican presidential primary enters its final leg, the candidates are set to “unleash a torrent of spending — finally hitting the airwaves with television ads, putting out a steady flood of campaign mail and revving up their paid organizing efforts,” according toPolitico.

“The 2012 field will never catch up with last cycle’s primary spending, but they’re about to pick up the pace. While it’s impossible to say exactly how much money the candidates have stockpiled, at least four appear to have sizable seven-figure sums on hand: Romney, Rick Perry, Herman Cain and Ron Paul. Both Romney and Perry reported having about $15 million in the bank at the end of September, while Paul announced $3.7 million on hand. Cain had a more modest $1.3 million, but his campaign has claimed to have raised some $9 million from supporters incensed over the spate of sexual harassment allegations recently made against him.”


Perry’s Frustrated New Hampshire Supporters

Rick Perry’s campaign manager Rob Johnson “met with a small group of supporters in New Hampshire last Monday” to play damage control as the campaign struggles to regain its footing, reports CNN.

“One said the event felt like ‘an apology tour’ for Perry, who entered the race to much fanfare but has struggled to gain traction in New Hampshire. A woman in attendance complained about a lack of communication from the campaign. Others at the meeting chimed in that they, too had not been receiving campaign e-mails. Some in the audience also complained that Perry had not spent enough time campaigning in the state.”

Explore posts in the same categories: Candidates, National, Politics

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