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Regarding the S&P downgrade of our nations credit rating...

Posted by on Aug. 7, 2011 at 7:51 PM
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 Regarding the S&P downgrade of our nations credit rating...
 
Of course, as soon as the announcement was released, Democrats blamed Republicans for not accepting tax hikes that would have decreased the deficit, and Republicans blamed Obama and the Democrats for their deficit spending practices and poor management of the economy.
But the person who might just benefit the most from this news, politically speaking, is Mitt Romney. When Romney took office as Governor of Massachusetts, the S&P was threatening to downgrade the state’s debt. Romney met with them in their offices in New York, invited them up to Boston and met with them in his office, and laid out a debt reduction plan that instilled so much confidence in the S&P folks that they not only relented on the downgrade, they upgraded Massachusetts debt. Yet another tailor-made issue for a Romney candidacy, and one I expect to become a major topic on the campaign trail. Romney has the personal experience of not only dealing with this exact same issue, but getting a more-favorable-than-expected outcome from it as well.
It says something about Obama and his administration that they had nothing of worth – no plan, no anything – that could convince the S&P to at least hold off on the historical downgrade. In fact, there is no indication that the Obama administration even made any attempts to contact S&P until the S&P called them this afternoon.
This highlights a complete and utter failure of leadership by Obama, laying out one of the starkest contrasts of the 2012 election.
by Matt Coulter -Race42012.com
 
 
And by Mark B. Lowe. also at Race42012.com
 
If things remained the same, Mitt’s path to the nomination is clear. Everyone else’s path, however, depends upon Mitt imploding. In other words, Mitt controls his own destiny. Nobody else can say that.
Many people like to draw the analogy between Rudy Giuliani in 2008 and Mitt Romney in 2012. Rudy led the polls for most of 2007. Mitt has led most of this year. Rudy led in numbers of endorsements. Mitt leads in numbers of endorsements so far this time around. Rudy led in money raised for the campaign. Mitt currently holds a commanding lead in money raised for 2012. (Did you know that back in 2007-2008 Rudy actually raised more money for his campaign than Mitt did for his? Well, it’s true. If you discount Mitt’s own money, Rudy Giuliani actually received more funds for his campaign than Mitt did.)
This is all true. However, where the analogy breaks down is in work ethic. Rudy pretty much coasted until the winter of 2007. He would give an occasional speech now and again, and would show-up for the debates. But for the most part he never really did any serious campaigning until the snow started to fly. By the time he did, however, hard charging John McCain and Mitt Romney had left him in their dust. He never recovered.
Does anybody here seriously predict that Mitt will sit back passively as Rudy did in 2007? I think not. It’s just not in his nature.
Mitt will continue as he is now, working his tail off for the nomination, taking nothing for granted. He is not an over-confident hare who will be tempted to take a nap before the finish line because he thinks he has the race won. He is in an all-out race for the finish line. If someone wishes to take the nomination away from him, they are going to have to fight him for it. They are going to have to run hard, catch him, pass him, and then never let him back in the race until it is over.
Anyone who can do that deserves the nomination.
 
I also saw where Romney is the only candidate that as of Friday was sending representatives to the RNC meeting in Tampa FL where they're  meeting to discuss the Rep Natl Convention there next year.    He's not leaving any stone unturned.   Doing his part.  

Posted by on Aug. 7, 2011 at 7:51 PM
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