Monthly Archives: July 2012

Romney’s Olympic Moment

Reprinted from

One thing we know for certain is that the British can’t handle the truth, especially coming from an American.

Mitt Romney repeated what has been widely reported in the news, even to folks who haven’t been paying much attention, and you would think he said that Queen Elizabeth wears Army boots.

We will see how this Olympics turns out.

Private security couldn’t handle the security, so David Cameron had to mobilize his troops to provide back-up. There were questions if the Immigration Service was going to go on strike.

And let’s face it. London is very crowded and very expensive and pretty broke.

Romney didn’t sugar-coat things. And that caused quite a stir amongst the British tabloids. Continue reading

Obama “You Didn’t Do That’ Speech Defines Him


There has been much written about President Obama’s speech in Roanoke, VA, on July 13. What drew so much attention was this: “If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business—you didn’t build that. Somebody else made that happen.  The Internet didn’t get invented on its own. Government research created the Internet…”

There is some discussion as to what “that” refers, whether it is the small business or the “unbelievable American system”. But semantics is a distraction.

The debate should be over the speech itself, not its sentence construction. Continue reading

Hating Business Not Good Business

Reprinted from Loose Change (

“Therefore I hated life; because the work that is wrought under the sun is grievous to me, for all is vanity and vexation of the spirit.”—Ecclesiastes 2:17

“Corporations: an ingenious device for obtaining profit without individual responsibility.” Though Ambrose Bierce, a sensationalist writer working for William Randolph Hearst, said it a century ago, it could easily have shown up on any number of signs at rallies across the United States and Europe this year. If 2011 was the year of the Rabbit, 2012 is the year of Business Haters.

Jack Welch, outspoken and legendary former CEO of General Electric, is touring the country with his wife, which is nice. She’s Suzy, an author and former Harvard Business Review editor. Though General Electric has mostly abandoned Welch’s Continue reading

Capitalism on Trial

Reprinted from

The Obama campaign has decided to concentrate all of its fire on Mitt Romney’s years at Bain Capital. As a result, it manufactured story after story about decisions made by Romney and his partners that led to greater profitability at the company, but also the heartache that often comes with that profitability.

For the Obama campaign, this isn’t just about Bain Capital, which most acknowledge was a well-run and ethical company. This is a bigger argument about the nature of capitalism in society today. Continue reading

Romney Reality Differs from Perception

Reprinted from

From Cleveland, Ohio
Midwestern Legislative Conference

Donna Brazile and I did our very popular “He said; She said” act in Cleveland for legislators from the Midwest. We will take the act somewhat further on the road next week when we reprise it in Edmonton, Alberta for the Western Legislative Conference.

The buzz among the political cognoscenti is how much damage the Romney campaign has suffered from the attacks on his time at Bain Capital. The problem is, there is no evidence – thus far – that the attacks have had any effect. Continue reading

Running Mate Good Cop, Bad Cop

Reprinted from

The best bad cop in American political history was Spiro T. Agnew.

He was the one who said that the media were “nattering nabobs of negativity,” called liberal intellectuals “an effete corps of impudent snobs”, and said of the Democrats, “They have formed their own 4-H club – the hopeless, hysterical hypochondriacs of history.”

Agnew played the role to the hilt. He helped his running mate, Richard Nixon, looked moderate (which, of course, he was, on the domestic policy side of the equation). And because his comments were so exquisitely crafted, the press couldn’t help but print them.

The problem for Agnew is that he ended up actually being worse than a bad cop. He became a felon, and he had to resign his office so that he could spend some quality time in jail on corruption charges.

Agnew helped to define a new role for the Vice President. And that role was attack dog.

Continue reading

By The Numbers

Reprinted from

We did this a couple of months ago, and I decided, as we are now within four months of election day, to take another look at the polling numbers of former Presidents in their first terms.

As of Sunday afternoon, President Obama’s job approval, according to Gallup, was 46%. His disapproval was also 46%. In the past half-century only George W. Bush has won re-election with an approval score of under 50%.

Let’s go to the chart.

Here’s the list of Presidential approval ratings at approximately the same point in their first terms going back to Lyndon Johnson: Continue reading

Regulations Wipe-Out U.S. Productivity

Reprinted from

Americans produce more regulatory paperwork than manufacturered goods. You heard that ‘torectly as they say (sometimes) in the South.

Americans spent enough time and effort complying with government regulations to total $1.8 trillion of our roughly $15 trillion national GDP. (Source: Small Business Administration)

During the same year, the entire American manufacturing industry made $1.7 trillion worth of: airplanes, cars, furniture, clothes, upholstery, widgets, gadgets, wingnuts, and Sidewinder missiles. (Source: U.S. Bureau of Economic Analysis, Industry Economic Accounts (2009))

This is why the current ‘debate’ (mud-slinging) by the Obama Administration over ‘out-sourcing’ and ‘Bain Capital’ is so maddening, mind-numbing and quite honestly, ‘dishonest’. Continue reading

Bain Gambit Takes Campaign to Gutter


A United States Senator who enjoys wide respect for his legislative skill and political insight predicted privately the other day that the 2012 Presidential campaign may become one of the most negative and brutal in our nation’s history, rivaling the 1800 Adams-Jefferson campaign.

His prediction was ever so prescient because the very next day a spokeswoman for President Obama accused Mitt Romney of being either a liar or a felon.

The American people need to put a stop to this nonsense before it gets any worse. The Republican mudslinging in the primary was disgusting, and now it is a cancer in the general election campaign.

Continue reading

Danger of Closed Circles

Reprinted from

The coverage of former FBI director Louis Freeh’s report on the 14-year cover-up of the child abuse scandal associated with Penn State’s football program gives us a peek into an issue I’ve thought about for a long time: Closed circles.

Closed circles are like black holes in physics: An actual, physical force. The gravity they generate is so great, not even light can escape; and anything that ventures near the event horizon will be sucked in and will (essentially) disappear.

It is clear from even the most cursory reading that paramount in the minds of Joe Paterno and the university leadership was protecting the football program. Penn State football was Joe Paterno. Paterno was PSU football. Period. Continue reading