Wall Street

Republican Front Runner In Iowa Is Mitt Romney? Is This The Best The Party Offers?

Ronald 2 Comments

A poll in Iowa, which will hold the first votes of the 2016 Presidential campaign when it has its caucus in early January 2016 shows former Massachusetts Governor and 2012 Republican Presidential loser Mitt Romney far in the lead, an absolutely amazing development!

With all of the multitude of names bandied about, the true chameleon, the “flip flopper” par excellence, the man who will say anything to get your vote, and then change his story tomorrow, is seen as a viable candidate, when it is absolutely clear that he has ZERO chance of winning the Presidency, and had the least government experience of any nominee of either major political party since Wendell Willkie was the GOP nominee in 1940!

Romney seems to be warming up to running again, although he had said he was not interested, but his ego has been stroked, and clearly, he finds the attention hard to resist.

There are those who would say that, after all, Bob Dole ran three times for the nomination, and Ronald Reagan ran three times, but let it be made clear, no matter what their faults and shortcomings, Mitt Romney is not the experience of Bob Dole, or the charisma and two term gubernatorial experience of Ronald Reagan.

The reality is that Mitt Romney has no principles, except his own aggrandizement, first in financial manipulation on Wall Street, and then his belief that he can lie, deceive, manipulate, with the best, and somehow, the American people are suckers enough to believe anything he says.

Mitt Romney would be nearing 70 if he ran in 2016, and while Joe Biden will be five years older, and Hillary Clinton will be seven months younger but nearly 70 as with Romney, the reality is that Mitt Romney is no Hillary Clinton or Joe Biden in background and experience!

So do not put betting money on Mitt Romney, either to be the GOP nominee, or the 45th President of the United States! It is NOT going to happen!

Senator Elizabeth Warren’s Rousing Speech On “Eleven Commandments Of Progressivism”!

Ronald 2 Comments

Senator Elizabeth Warren of Massachusetts, on a book tour for her recent publication, but also rousing progressives with her inspiring ideas, gave a speech last week at Netroots Nation, the progressive gathering often seen as the alternative to the Conservative Political Action Conference (CPAC) held annually.

Warren summarized the views of those who are progressives and liberals, including:

The need for regulation of Wall Street.

The belief in science, and its role in preserving our environment.

Neutrality on the internet, not favoring powerful corporations.

Raising the minimum wage, therefore allowing a full time worker to avoid living in poverty.

A livable wage for fast food workers, with public support for them being demonstrated.

The avoidance of crushing college loan debt for students, by arranging realistic debt payments.

Protection of Social Security, Medicare, and pensions, so that retired workers can live in dignity.

Equal pay for equal work for men and women.

Promotion of equality in marriage, including gay marriage.

The need for immigration reform, as immigration is part of the story of American history.

The belief that women should control their own bodies, and corporations should not control the private lives and medical care of any of their workforce.

Also, her conclusion about conservatives is so appropriate, that they will do whatever they need to do to protect their own interests, and would say to all of the rest of us that you are on your own!

Left In Democratic Party Not Comfortable With Hillary Clinton, Looking Elsewhere For Primary Challenge!

Ronald 5 Comments

Hillary Clinton may be the runaway favorite in most polls for the Democratic Presidential nomination for 2016, but we have never seen a non-incumbent to compete without an opponent in their party’s battle for the Presidential nomination.

So we are starting to feel, see, and sense that there will be challengers to Hillary, and the speculation has become wide and deep that any or some of the following will, indeed, challenge the former Secretary of State, Senator, and First Lady:

Vice President Joe Biden of Delaware
Senator Elizabeth Warren of Massachusetts
Senator Bernie Sanders of Vermont
Governor Martin O’Malley of Maryland
Governor Andrew Cuomo of New York
Senator Kirsten Gillibrand of New York
Senator Amy Klobuchar of Minnesota
Senator Mark Warner of Virginia
Governor Jerry Brown of California
Former Governor Howard Dean of Vermont
Governor Jay Nixon of Missouri (totally new to any speculation)
Governor John Hickenlooper of Colorado

There is discontent with Hillary Clinton’s ties to Wall Street; her gaining as much as $275,000 a speech before wealthy donors and groups; and the image of her as a “hawk” in foreign policy. She is seen as part of the “Establishment”, and as not sufficiently understanding of the plight of the middle class and the poor. Her husband worked against the left, sticking to a centrist viewpoint in his years in the White House, and while there are salutes for him as a former President, the Left is looking for someone more in the line of doing more for the poor and middle class, and staying out of foreign wars, and regulating Wall Street.

So that is the appeal of Warren, Sanders and O’Malley in particular, but the idea of Brown coming back, mentioned in an earlier blog entry, is fascinating, and Dean trying again after 12 years is also intriguing! And imagine a “Nixon”, not related to the former President, running from the “heartland”, the state of Missouri, which was always on the winning side of every election from 1900 to the present, except 1956, 2008, and 2012, but close in the first two years!

And of course, Hillary could decide, ultimately, NOT to run, and then it is a true donnybrook in the making for the Democrats in 2016!

Could there be a surprise in the Democratic Presidential sweepstakes? After 2008, who can say?

Senator Elizabeth Warren And Senator Rand Paul Gaining Attention In 2016 Presidential Race!

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Massachusetts Senator Elizabeth Warren and Kentucky Senator Rand Paul are gaining a lot of attention for the 2016 Presidential race with their recent speeches and campaigning.

Warren, a freshman Senator, who gained fame from her campaign for the Consumer Financial Protection Bureau, has stirred the imagination of left wing Democrats, who are unhappy with the comparatively centrist campaign of Hillary Clinton.

Warren has made issues of unemployment compensation, raising the minimum wage, attacking Wall Street, and calling for revising the college student loan system, which has effectively enslaved millions of students in unending college loan debt, due to high interest rates.

She comes across as folksy, not bad for a former Harvard professor, and has gained large audiences in red states such as Kentucky and West Virginia, where she has campaigned for candidates Alison Lungergan Grimes and Natalie Tennant for Senate seats. Remember, however, that she was born and lived for years in Oklahoma.

She is a new face, in the sense of national exposure, but only two years younger than Hillary Clinton.

Paul, the son of former Congressman Ron Paul of Texas, has gained attention by his attack on Texas Governor Rick Perry and former Vice President Dick Cheney, who have both called for returning troops to Iraq. Paul makes it clear that America should not return to involvement in Iraq, and he seems to have the American people on his side, based on public opinion polls. He comes across as principled, while neocons attack him as isolationist, which he denies.

It is still hard to imagine either Warren or Paul gaining the nominations of their parties for 2016, but anything is possible, and they are certainly adding a lot of interest into the race!

Quinnipiac Poll On Worst President Since WW II Is Sign Of Total Ignorance And Stupidity!

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A new Quinnipiac poll for July 4th rates Presidents since World War II, and comes to the asinine conclusion that Barack Obama, engaged in the typical “sixth year” doldrums, is the worst President since 1945!

Really? Give all of us a break! This demonstrates total ignorance and stupidity of American history, and how quickly people forget past Presidents and the records they have in office.

How could Barack Obama be the worst President since 1945, with:

The highest stock market in history, up 150 percent.
Gaining back of all the millions of jobs lost in the Great Recession, plus more jobs created despite GOP obstructionism.
The deficit falling faster than at any time since Eisenhower.
Hunting down and killing of Osama Bin Laden.
The capture of the perpetrator of the Benghazi deaths in Libya.
The passage of the Affordable Care Act, giving more Americans health care coverage than at any time in American history.
The passage of the Consumer Protection Financial Bureau despite opposition from Wall Street, corporations and Republicans.
The appointment of Sonia Sotomayor and Elena Kagan to the Supreme Court.
The advancement of environmental protection on the road to the level of Jimmy Carter and Richard Nixon and Theodore Roosevelt.
The promotion of the interests of the middle class against the Republican aim to destroy the middle class by lack of action.

Of course, any person could make a list of programs and policies of Barack Obama which have not worked out to their or our satisfaction, including this author.

But come on, compare Obama to George W. Bush:

Two wars in Iraq and Afghanistan, both causing trillions of dollars in the national debt, and not accomplishing their goals, and the war in Iraq totally unnecessary, a war of choice.
The poor handling of Hurricane Katrina in New Orleans, and Mississippi and Alabama.
The failed Social Security privatization plan, which would have destroyed the program in 2008.
The Great Recession of 2007-2009, worst since the Great Depression under Herbert Hoover.

And if we are to rate the worst Presidents, how about Richard Nixon and Ronald Reagan, who both did so much harm in office, even while admitting certain positives for both?

And to rate Mitt Romney a better choice, 45 percent, to be President now, after the failed campaign of 2012–face the facts, the American people made the right choice in rejecting Romney, arguably the worst candidate of the Republican Party since Barry Goldwater in 1964. This was a man who lied, lied, lied, constantly, more than any Presidential nominee in American history!

The fact that the poll participants showed no real knowledge of American history is troubling, as to come to such a ridiculous conclusion demonstrates total lack of understanding of what has gone on in this nation in recent years! All they react to is charisma, so that Reagan, John F. Kennedy, and Bill Clinton rank the highest, simply based on image!

What do these involved in the poll know about Harry Truman, Dwight D. Eisenhower, Lyndon B. Johnson, Gerald Ford, Jimmy Carter, and George H. W. Bush, as well as the Presidents that are rated high, and those rated low in the poll? Clearly, NOTHING!

Jeb Bush Suddenly Emerges As GOP Front Runner For 2016!

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Former Florida Governor Jeb Bush has suddenly emerged as the theoretical front runner for the Republican Presidential nomination in 2016, after a visit to Las Vegas and kissing the ring of billionaire Sheldon Adelson.

Other present time Governors–Chris Christie, Scott Walker, John Kasich—also saw Adelson, who is willing to spend tens of millions of dollars to back a Republican who will support his causes, including strong support of Israel, and working to overcome the Barack Obama Administration initiatives in many areas of domestic policy.

Jeb Bush has the advantage that he might draw support from a portion of the Hispanic-Latino community, as well as African Americans, and women. He is a favorite of the Establishment Republicans on Wall Street, who are terrified at the horrible Tea Party activists, such as Rand Paul, Ted Cruz, and Marco Rubio.

But the fact that his brother was unpopular, and in many ways, disastrous, works against Bush, and really, many might say, three Bushes is a bit much!

Once he would actually announce, his record as Florida Governor will be dissected, and while there are some good points one can make about Jeb, he was not universally popular when governor of the Sunshine State!

His own mother, Barbara Bush, has advised against running, and Bush has been out of office for ten years by 2016, making him longer out of office than any Presidential nominee who held an elective office, since Abraham Lincoln, who was out of office for twelve years, when he ran for President in 1860.

Much more could be said about the pluses and minuses of Jeb Bush as a Presidential candidate, and particularly against Hillary Clinton. There is time for that if Jeb actually announces. Could he, for instance, really win the caucuses and primaries in a party that is so right wing now? Does the nation really want a Bush and a Clinton in the same election, with Bushes going back to the 1980s, and Clintons to the 1990s, when now we are in the mid 2010’s?

That discussion can wait until he decides to run, and do not bet on that occurring!

Other Than Hillary Clinton, What Woman Could Be A Viable Presidential Nominee In 2016?

Ronald 4 Comments

Hillary Clinton is considered highly likely to be the Democratic Presidential nominee in 2016, and most think she will, ultimately, decide to run, although there are those who have doubts.

But if Hillary chose not to run, is there any other woman who could be seen as a viable candidate for the White House in 2016?

On the Republican side, really no one is ready and able to mount a serious race, as members of the House of Representatives have never been the nominee of a major political party, other than President James A. Garfield in 1880, and he was, tragically, assassinated in 1881, after serving only a few months in the Presidency.

Yes, there are a few Republicans women governors, but to believe that South Carolina Governor Nikki Haley or New Mexico Governor Susana Martinez or Kansas Governor Mary Fallin can be considered serious Presidential candidates is to be delusional.

As far as women Senators in the Republican Party, there are the highly qualified Susan Collins of Maine, and Lisa Murkowski of Alaska, but neither seems interested or, really viable, as a Presidential nominee. New Hampshire Senator Kelly Ayotte might be interested, but is not seen by many as a heavyweight in the party apparatus, but rather a person who hangs around Arizona Senator John McCain and South Carolina Senator Lindsey Graham more than is wise to do.

Of course, former Alaska Governor Sarah Palin is loved by the Tea Party Movement, but it is laughable to imagine her running, and she has absolutely no chance to win the nomination.

Condoleezza Rice is well qualified, but the former National Security Adviser and Secretary of State under George W. Bush, has always turned down any pressure to run for high office!

So, realistically, if there is to be a woman President, and other than Hillary Clinton, it will have to be a Democrat–and realistically it would be a Senator–one of three, including Massachusetts Senator Elizabeth Warren, New York Senator Kirsten Gillibrand, or Minnesota Senator Amy Klobuchar.

Warren would be popular with the leftist base in the Democratic Party, but has been in the Senate only one year, and would be 67 in 2016, just two years younger than Hillary Clinton. She inspires many people, including this author, and would fight Wall Street, which few others would.

Gillibrand has been in the Senate since 2010, and is very active and inspiring, but she comes from a state where Hillary Clinton and Andrew Cuomo compete for support, and it is hard to imagine her at age 50 in 2016, being able to mount a campaign for President in 2016. She has made the fight against sexual abuse in the military a major issue, which has been under the radar for much too long.

So that leaves Klobuchar, who has served in the Senate since 2007, and is regarded very highly for her state government experience as Hennepin County (Minneapolis) Attorney for eight years, and can appeal to the heartland of the nation in a way that neither Warren nor Gillibrand could do. Her personality and communication ability is just as good, if not better, than Warren or Gillbrand, and at age 56 in 2016, she is closer to the ideal age to run for President. She is someone with a great progressive record, who has been too often overlooked by news media and others who follow politics.

But one thing is clear: No one is as qualified or outstanding among women politicians as Hillary Rodham Clinton! She has her faults and shortcomings, but no one matches her credentials!

“Establishment” Republicans In Crisis For Presidential Nominee In 2016

Ronald 78 Comments

The “Establishment” Republicans are in a crisis, trying to find a Presidential nominee who Wall Street likes, and they thought they had New Jersey Governor Chris Christie, until his campaign collapsed, due to “Bridgegate”.

But then they thought they had a good alternative in Wisconsin Governor Scott Walker, who gained establishment backing by working against labor unions in his state, and surviving a recall election. However, violation of campaign finance laws and conflicts of interest by the governor’s aides is now creating troubles for Walker, and making his possible candidacy problematical.

Add in other governors who have had ethics violations, or have faced major controversies in the way they govern, including South Carolina Governor Nikki Haley; Florida Governor Rick Scott: Texas Governor Rick Perry; Louisiana Governor Bobby Jindal; Michigan Governor Rick Snyder; and New Mexico Governor Susana Martinez, among others.

Suddenly, looking to state governors as the solution for the “Establishment” Republicans to back against Tea Party types such as Senator Ted Cruz of Texas, Senator Rand Paul of Kentucky, Senator Marco Rubio of Florida, and Congressman Paul Ryan of Wisconsin seems unlikely to be a productive alternative!

Again, the best choices seem to be former Florida Governor Jeb Bush and former Utah Governor and Ambassador to China Jon Huntsman, but the likelihood of either seeking or winning the GOP nomination for President seems highly unlikely!

Instead, some are looking to Governor John Kasich of Ohio and Governor Mike Pence of Indiana as possible choices, and this blogger will write about them more at a later time!

Jeb Bush: Can He Do What Only Abraham Lincoln, Richard Nixon, And Ronald Reagan Did?

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Former Florida Governor Jeb Bush, the son and brother of two Presidents, is again having his name bandied about for President of the United States, despite his mother, Barbara Bush, saying there have been enough Bushes in the White House, and that more than three or four families have talent for the Presidency. While saying that repeatedly, she always adds that her son is best qualified to be President, so it is an odd statement, to say the least!

But Speaker of the House John Boehner went out of his way to suggest Jeb Bush would be a great nominee, and certainly, the “Establishment” Republicans on Wall Street see him as more likely now than ever before, as their front line of defense against the Tea Party Movement and Ted Cruz et al, and the libertarians and Rand Paul.

Both Cruz and Paul, and really EVERY other suggested nominee, has all kinds of issues with their extreme right wing tilt. That is why New Jersey Governor Chris Christie seemed so appealing to many, after his wide victory for a second term. But now the scandals that have erupted have besmirched his reputation, and in any case, Christie would have had great trouble winning in Iowa, South Carolina, and other states as he is from the Northeast, and seen as too much like John McCain and Mitt Romney, failed GOP Presidential candidates, who are disliked by right wing talk show hosts, conservative think tanks, and the Tea Party right wingers.

So who is left for the “Establishment”? Really, only former Utah Governor Jon Huntsman, who also was Ambassador to China, under President Obama, an excellent, and really the best choice, but with not a chance in hell of being able to compete, because he is too “moderate” by comparison, too smart, too intelligent, too interested in science and world affairs, too independent minded, and even not allowing his Mormon faith to dictate public policy views!

Huntsman would have the best chance to win of any Republican, but the party has a death wish, and he will not be the nominee. More likely, it would be one of a large group of horrible candidates, including, not only Cruz and Paul, but also Marco Rubio, Paul Ryan, Rick Santorum, Rick Perry, Scott Walker, Bobby Jindal, and other “nightmarish” candidates!

So the only place to turn for the “Establishment” is to another Bush, who is comparatively a moderate conservative, who has not come across as a “whacko” in office and in his public statements. He has shown tolerance on immigration issues, as with his brother, President George W. Bush, and he seems to have a comparatively open mind.

But his challenge, beyond overcoming the Bush name, after the damage his brother did in eight years in the Presidency, is that Jeb Bush has been out of public office for ten years by 2016, after eight years served as Governor of Florida. While a few military people, including retired ones, have become President, only three non military people have become President with extended periods out of public office.

Abraham Lincoln had 12 years since his one term in the House of Representatives, until his Presidential triumph in 1860.

Richard Nixon had eight years since his defeat for the Presidency in 1960, until his victory in 1968.

Ronald Reagan had six years since his Governorship of California until his victory in 1980.

Note Nixon and Reagan had a shorter number of years, than Jeb Bush has, and Nixon ran for Governor of California in 1962, and Reagan competed for the Presidential nomination in 1976, both two years after they left public office.

And Lincoln, while twelve years since his last time in public office, ran for and lost the Senate race in Illinois against Senator Stephen Douglas in 1858, ten years after his one term in the House of Representatives, and just two years before he won the Presidency.

So Jeb Bush really has no exact comparison to Nixon and Reagan, and comes closest to Lincoln.

The ultimate question is whether Jeb Bush can copy Lincoln, or even Nixon or Reagan. The betting odds on his nomination are less than 50 percent for now, and far less in a race against any Democrat in 2016, particularly Hillary Clinton!

Bill De Blasio, The Clintons, And The Shift To The Left In The Democratic Party

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The inauguration of New York City Mayor Bill De Blasio, sworn in on a Bible used by Franklin D. Roosevelt, with the oath being given by former President Bill Clinton, with Hillary Clinton also present, was a ceremony full of symbolism.

De Blasio, a Mayor in the tradition of Fiorello La Guardia and John Lindsay; a true liberal and progressive in the tradition of Franklin D. Roosevelt and the New Deal and Lyndon B. Johnson and the Great Society; a Clinton Administration Housing and Urban Development official; the campaign manager for Hillary Clinton’s Senate campaign in 2000; the head of an interracial family; and a man fully involved in the struggle of the poor in New York City, and fighting for the wealthy to pay more taxes for universal pre K education (as he said $943 a year or a small coffee cost every day)—this is a man to admire, to cheer, to be willing to go to bat for in any struggle that will occur over the next four years as he works to end the “Tale of Two Cities”, which allows the greed of Wall Street while a large percentage of the city cannot survive on a living wage!

Bill Clinton made the connection between Bill De Blasio and himself and his wife, and in so doing, made a clear shift to the left from the centrism Democratic image he cultivated during his eight year Presidency.

And that makes it very clear that Hillary Clinton has decided to run for President, and is embracing the leftward trend represented by Bill De Blasio, and is making clear to Senator Elizabeth Warren of Massachusetts, Senator Bernie Sanders of Vermont, and former Montana Governor Brian Schweitzer, and others on the populist left, that she is not willing to cede any turf on the Democratic Party to any of her rivals on the left, or to Joe Biden, Martin O’Malley, Mark Warner or anyone else thinking of running for President.