A New Low, Even for Mitt

What do you do when your campaign is caught in a shameless lie?  Turn it into an ad in Ohio, a state you must win and obviously don’t care how you do it.

From “F-you Dishonesty:  Romney and Jeep,” Michael Tomasky, The Daily Beast:

“There’s basic dishonesty and then there’s f-you dishonesty–dishonesty so blatant, so consciously abusive of facts that everyone knows, that it deserves a category of its own.

“Romney’s new ad about Jeeps and Italy is f-you dishonest. You probably know the background. Bloomberg News moved a confusingly worded article last week suggesting, if you didn’t read it closely, that Jeep (under Chrysler, owned by Fiat) was sending all its production to China. Romney said this on the trail.

“I originally cut Romney a break here–some aide handed him a news article that was sloppily or strangely written, he read it on the fly, he decided to throw it in there.

“But then Chrysler ripped Romney and said no way, this is not true. Chrysler is thinking about putting plants in China down the road to try to increase market share there. But as for the here and now and the U.S. market, Chrysler is not only not cutting back domestic Jeep production but expanding it, investing $500 million in the Toledo, Ohio Jeep plant.

“At that point, even most political campaigns would have just dropped it. They wouldn’t apologize, because campaigns don’t do that, but a normal campaign would just drop it and try to move on.

“So what did Romney’s campaign do? It cut a TV ad doubling down on the claim, cleverly worded so as to suggest that the Obama administration sold out America (and Ohio) by selling Chrysler to the Italians who are moving production to China.”


Talk About a Perfect Storm!

“Forecasters said Sandy was a rare, hybrid ‘super storm’ created by an Arctic jet stream wrapping itself around a tropical storm.

“The combination of those two storms would have been bad enough, but meteorologists said there was a third storm at play – a system coming down from Canada that would effectively trap the hurricane-nor’easter combo and hold it in place, amplifying the inland flooding effects.

“Moreover, the storm was coming ashore at high tide, which was pulled even higher by a full moon.”

From “Sandy strengthens as it nears East Cost; Wall Street shut,” Daniel Trotta and Tom Hals, Reuters

 

Newtie’s Back!

“Moderate Mitt” needs to keep the crazies locked away till November 7, but serial adulterer and hypocrite Newtie, who loathes Mitt, is not cooperating.

Newtie weighed in today on Indiana Senate candidate Richard Mourdock’s statement that God intends pregnancies from rape.

He thinks the whole brouhaha is “nonsense,” calls President Obama the “radical” on abortion rights, and advises the Obama campaign (and, by extension, all of us who are outraged) to “get over it.”

Newtie implicitly criticized Mitt for criticizing Mourdock.  Newt at least knows a fellow hypocrite when he sees one.  Mitt can’t criticize Mourdock or Missouri’s Todd Akin without criticizing Paul Ryan, who believes the government should treat rape victims as criminals if they choose abortion.

With about a week to go, Mitt definitely doesn’t need Newtie reminding us how extreme the GOP has become.  But all of us need to listen.

A Little Bedtime Comfort from Nate

“There are no precedents in the FiveThirtyEight database for a candidate losing with a two- or three-point lead in a state — President Obama’s lead in Ohio — when the polling volume was as rich as it is there.”

Nate Silver, FiveThirtyEight blog, NYT

I have my money on Nate, and he has his money on O.

FL Insiders — Mitt Gets FL, O Gets White House

The Tampa Bay Times has a Florida Insiders Poll, where they poll political insiders like fundraisers, lobbyists, and consultants.  The latest one, of 120 such people,  shows 73% think Mitt will win Florida and just 27% think Obama will.

But the big picture is better — 60% of them think Obama will win the White House.

November 6 — Slow Job or Snow Job?

From “Pointing Toward Prosperity?,” Paul Krugman, NYT:

“The point is that America is still suffering from an overall lack of demand, the result of the severe debt and financial crisis that broke out before Mr. Obama took office.  In a better world, the president would be proposing bold short-term moves to move us rapidly back to full employment.  But he isn’t.

“O.K., we all understand why.  Voters have been told over and over again that the 2009 stimulus didn’t work (actually it did, but it wasn’t big enough), and a few days before a national election is no time to try to change that big a false belief.  So all that the administration feels able to offer are measures that would, one hopes, modestly accelerate the recovery already under way.

“It’s disappointing, to be sure.  But a slow job is better than a snow job.  Mr. Obama may not be as bold as we’d like, but he isn’t actively misleading voters the way Mr. Romney is.  Furthermore, if we ask what Mr. Romney would probably do in practice, including sharp cuts in programs that aid the less well-off and the imposition of hard-money orthodoxy on the Federal Reserve, it looks like a program that might well derail the recovery and send us back  into recession.

“Mr. Obama may not have an exciting plan, but if he is re-elected, he will get to implement a health reform that is the biggest improvement in America’s safety net since Medicare.  Mr. Romney doesn’t have an economic plan at all, but he is determined not just to repeal Obamacare but to impose savage cuts in Medicaid.  … Think instead about the 45 million Americans who either will or won’t receive essential health care, depending on who wins on Nov. 6.”  Emphasis added.

And think about who will or won’t be appointed to the Supreme Court depending on who wins.

 

 

Mitt’s Testimony in Stemberg Case

As expected, Mitt’s unsealed testimony on behalf of Tom Stemberg, the co-founder of Staples, in a suit by his ex-wife Maureen to amend the financial settlement of their divorce, was that Maureen had gotten good prices when she sold Staples stock in 1988 for $2.25 a share and for $2.48 a share.

A year after those sales,  on April 28, 1989, Staples had an IPO at $19 a share and closed its first day at $22.50.

Mitt testified in 1991.

More on Gloria Allred Case and Mitt

Most of the coverage of this story has described it as about Mitt’s testimony in the divorce proceedings between Staples co-founder Tom Stemberg and his first wife Maureen.

Actually, Mitt testified in post-divorce proceedings, when Maureen tried to get her financial settlement amended.  The couple divorced in 1988, and Staples went public in 1989, at which time it was trading at ten times what she got in the divorce.

Gloria Allred, who now represents Maureen, produced three volumes of testimony involving Mitt, testimony that can now be made public.  She intends to pursue the denial of the motion to lift the gag order that prohibits Maureen from talking about the case.  Tick tock, people, it won’t matter if the order is lifted on November 7.

Mitt’s Bain Capital invested $2.5 million in Staples and got a $13 million profit when the company went public.