November 2011

Nov 30, 2011

Dog-Whistling on Immigration Through Endorsements

By Beth Reinhard, National Journal

For a fascinating study in contrasts, consider the dueling endorsements trotted out today by Republican presidential candidates Mitt Romney and Rick Perry. Romney, who has taken a hardline position on immigration that emphasizes border security above all else, campaigned this morning in Miami with three current and former Cuban-American members of Congress who have all championed legislation that would offer a illegal immigrants a pathway to cititzenship. It's a coup for Romney to bring on board Mario Diaz-Balart, Lincoln Diaz-Balart and Ileana Ros-Lehtinen, all of whom endorsed John McCain in the last election. Their support sends a message to the Hispanic community: We may not agree with him on immigration, but he's not a hater like Tom Tancredo, either.

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Central Banks Swing Into Action; Encouraging, Terrifying

By Jim Tankersley, National Journal

Central bankers around the world are very, very worried about Europe, and they’re starting to do something about it. This is equal parts terrifying and encouraging. That’s the critical takeaway from the liquidity injection – a fancy way of saying, turning up the spigot on global lending – embarked upon on Wednesday by the Federal Reserve, the European Central Bank, and four other central banks from around the globe. The coordinated effort will make it cheaper for foreign banks to borrow U.S. dollars from their central banks, which is important, because those banks have found it increasingly expensive to borrow dollars elsewhere to maintain cash flows.

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Congress’s Year-End Alphabet Soup

By Major Garrett, National Journal

It’s time for jargon and acronyms, that classic end-of-the-year game on Capitol Hill where serious policy is treated as farce. Here’s an example: The fate of the SGR “fix” might or might not be tied to the timing of the AMT “patch,” and both could influence the fate of UI. Get all that? Of course you didn’t. And neither will anyone else, not until the final days of this year of daggers-drawn legislative brawling.

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2012 analysis: Cain's campaign "reassessment"

With John Dickerson, CBS

CBS News political director John Dickerson speaks to the "Early Show" anchors about Herman Cain's campaign "reassessment" and the new South Carolina poll that shows Newt Gingrich ahead of Mitt Romney.

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Cain, Support Eroding, Weighs Dropping Bid

By Jeff Zeleny and Susan Saulny, New York Times

The leading conservative voices who have come to Herman Cain’s defense began backing away on Tuesday as he acknowledged that he was reassessing his Republican presidential bid, uncertain that he could withstand a report of an extramarital affair after accusations of sexual harassment and stumbling foreign policy responses.

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Barney Frank: Parting Shots

By Janet Hook and Alan Zibel, Wall Street Journal

Rep. Barney Frank (D., Mass.), Tuesday tried to knock down suggestions that his impending departure from Congress will make it easier to repeal the 2010 financial overhaul law named after him and Sen. Christopher Dodd (D., Conn.). “Financial reform is popular,” Mr. Frank said Tuesday at a press conference on Capitol Hill, the day after he announced he would retire at the end of next year.

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Herman Cain reassessing presidential candidacy

By Chris Cillizza and Karen Tumulty, Washington Post

Businessman Herman Cain told senior members of his campaign on a conference call this morning that he is reassessing whether or not to remain in the Republican presidential race. On the conference call, which National Review listened to and transcribed, Cain denies the allegation of an affair with an Atlanta woman named Ginger White, which came to light on Monday, but acknowledged that the “firestorm” had caused a rethinking.

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After 2008, Romney works a very different campaign

By Dan Balz, Washington Post

Four years ago, Mitt Romney was done in when he ended up fighting a multi-front battle against different opponents. This year, it has been his lucky fate to escape any real battles from any specific opponent. That will soon change. Romney’s 2008 strategy, built on the assumption that someone not nationally known could take the nomination only by winning early and often, was based on some sound assumptions. What he didn’t anticipate was how the campaign would unfold against him.

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Herman Cain's campaign crumbling after affair allegation

By John Whitesides and Sam Youngman, Reuters

Republican presidential contender Herman Cain told aides on Tuesday he would reassess the viability of his struggling campaign after an Atlanta woman accused him of conducting a 13-year extramarital affair. The allegations could be the end of the political line for Cain, who led the Republican White House race barely more than a month ago but has nosedived in polls after a series of sexual harassment charges and campaign missteps.

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Nov 29, 2011

Romney campaign hits back after Dem 'flip' charges

By Charles Babington, Associated Press

Mitt Romney confronted double-barreled allegations Monday that he has flip-flopped on key issues, the first time the 2012 presidential campaign has focused squarely on what many see as the Republican contender's biggest political liability. The former Massachusetts governor hastily arranged for supporters to hold conference calls with reporters to combat a new Democratic ad that highlights his changed positions on abortion, immigration, guns and other issues.

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States face bleak economic forecast, report says

By Michael A. Fletcher, Washington Post

States are caught in a fiscal vise as weak economic growth, dwindling federal help and increasing appeals from hard-pressed local governments squeeze their budgets. Things have improved since the worst of the recession, but states still face a dire fiscal situation, according to a report to be released Tuesday by the National Governors Association (NGA) and the National Association of State Budget Officers (NASBO).

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Barney Frank Exits, Stage Left

With Eamon Javers, CNBC

WNBC's Jonathan Dienst reports on liberal Massachusetts democratic congressman, Barney Frank leaving Capitol Hill, with CNBC's Eamon Javers.

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