Well, I know you’re waiting with bated breath to watch tonight’s economics-only debate between the GOP candidates for President.

For those who will be watching, please join us here for a live blog on the debate which starts at 5:00pm PDT/8:00 pm EDT.

For those who won’t be able to watch, here’s a pre-broadcast summary of the entire evening:

“Cut taxes and regulations.”

Though we’re not likely to hear any meaningful details because the GOP has no plans or desire to increase employment, there should be some interesting drama as Romney has retaken the lead and will be the main target of attacks.

And Herman Cain will count to 9, which should be a real nail biter.

You can watch it online here:

http://www.washingtonpost.com/wp-dyn/content/video/2005/04/12/VI2005041201139.html#

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bito
Member

The Bloomberg GOP debate in 100 seconds

Can you say “repeal?”


http://www.rawstory.com/rs/2011/10/12/the-bloomberg-gop-debate-in-100-seconds/

MurphTheSurf3
Editor

LESSONS FROM LAST NIGHT’S DEBATE Part i

1. THE LOVE AFFAIR WITH HERMAN CAIN DID NOT LAST LONG
As a 3rd Tier, out of nowhere, charismati­c candidate he was interestin­g but now we learn his high powered economic adviser is a small town Wells Fargo personal finance adviser and that all he really knows about his own 9-9-9 Plan is that it WILL WORK (but not why).

Ron Paul ripped him for his time with the Kansas City Federal Reserve, his opposition to auditing the Fed, and for praising former Fed Chair Alan Greenspan. Rick Santorum said Cain’s “9-9-9” plan would “give the federal government­, Nancy Pelosi, a new pipeline, a 9 percent sales tax for consumers to get hammered by the federal government­.”

2. PERRY NEEDS MORE PRACTICE (AND LIKELY A QUICKER WIT)

Despite pre-debate promises from Team Perry that their candidate would be well-reste­d and ready to rock, Perry did not deliver…­AGAIN.. His answers were still confusing jumbles, lacked specfics and in followups he got lost. His energy level fell off as the debate went on. AND Perry does not know how to make (or select if others made it up) a good strategic questions for an opponent. Romney took Perry’s Massachuse­tts Health Care question and turned it into a referendum on how poor Texas Health Care is.

3. MITT IS SO EAGER TO GET TEA PARTY CRED…HE WAS NICE TO MICHELLE
When it came time for the candidates to ask each other a question near the middle of the debate, Romney ignored Cain and Perry and tossed her a very soft ball. “Michelle, dear, darling of the TP, how would you help Americans make ends meet?” Cue her stump speech. AND IF THE TP DON’T LIKE HIM ANY BETTER FOR THAT, HE MIGHT HELP KEEP HER IN THE GAME LONG ENOUGH TO SPLIT THE TP VOTE BETWEEN HERSELF AND PERRY IN A COUPLE OF KEY STATES.

4. TARP AND THE STIMULUS ARE BACK (CAUSE KEY GOPers BACKED/USE­D THEM) Remember TARP, the bailout plan that is the thing that goes bump in the night for tea partiers? Turns out the two men at the top of the GOP field (Romney and Cain) were for it. Cain and Romney had the unenviable job of laying out their reasoning for publicly backing the program that is pure poison to a large part of their base. Both men basically said it was a good idea badly managed. Bachmann and Perry both got flak for their use of TARP money.

5. NEWT WILL SAY ANYTHING JUST TO BE NOTICED He attacks debate hosts. He dismisses his fellow candidates as light weights, though he says any of them would be better than Obama. On Tuesday, he turned his guns on his former colleagues in Congress, calling for the imprisonme­nt of Rep. Barney Frank (D-MA) and ex-Sen. Chris Dodd (D-CT).

with thanks for the inspiration to….. http://201­2.talkingp­ointsmemo.­com/2011/1­0/the-five­-take-home­-lessons-f­rom-the-ne­w-hampshir­e-economic­s-debate.p­hp”

KillgoreTrout
Member

http://news.yahoo.com/blogs/ticket/night-9-9-9-plan-022011966.html

Bachman: “You turn the 9-9-9 plan upside down, and the devil’s in the details,” referring to the number “666”–the mark of the beast described in Revelation.”

Oh crap, I made that same joke yesterday! I hope I’m not thinking like Bachman these days. I’d like to think she stole that joke.

Kalima
Admin

Michael Tomasky gives his take on last night’s GOP debate/debacle.

—-

The Race for the Worst

http://www.thedailybeast.com/articles/2011/10/11/michael-tomasky-on-the-gop-debate-s-race-for-the-worst.html

MurphTheSurf3
Editor

http://www­.spencerda­ilyreporte­r.com/stor­y/1752241.­html
http://www­.linkedin.­com/pub/ri­ch-lowrie/­a/74b/805

MYSTERY SOLVED: Who is the Mystery Man Economist Advising Cain

Rich Lowrie. First….n­ot an economist. He has a master’s degree. He is a financial adviser from Cleveland Ohio. He is on the board of the American Conservati­ve Union. Officially­- Managing Director-I­nvestments at Lowrie/Car­ney/String­/Smith Wealth Management Group of Wells Fargo. No wonder he loves 9-9-9.

SOOOOOO…­..not very impressive­.

And Cain is misreprese­nting him and his credential­s.

My next hunt: what company did the study on the 999 plan and pronounced it a great idea?

KillgoreTrout
Member

That financial firm is really called, Dewey Cheatum and Howe!

Emerald1943
Member

KT, 🙂 🙂 🙂

Now that is funny!!

KillgoreTrout
Member

😉 😉

foodchain
Member
foodchain

I know we are doing this, and that this is an Off Topic, but the attempted assassination –2two asses in one word is already remarkable–of a Saudi embassardor s a big thing for US policy, for the middle east posturing. Maybe more than a bunch of lying,thieving GOPS.

bito
Member

I wish I would have read this before the debate, it does put a new light on Mitt’s answers.

Does Mitt Romney Have Something To Hide?

Part of Romney’s problem in opposing the Buffett rule is that it likely applies to him. An analysis of publicly available data by Citizens for Tax Justice found that Romney’s tax rate is likely 14 percent, far below the statutory rate for someone who earns as much as he does…..

The financial disclosure forms Romney filed during his 2008 presidential run showed the former Massachusetts governor was worth as much $250 million at the time. But Romney has never released any tax returns — neither during his campaigns for president and Senate nor during his time as governor — and would not commit to doing so this time around.

http://thinkprogress.org/progress-report/

bito
Member

Did I miss it, but did this attack ad by the Perry campaign come up in the debate? I’m sure Perry couldn’t articulate it, but….

MurphTheSurf3
Editor

F YOU MISSED THE DEBATE….HERE IT IS!

1) Romney: Please ignore that my job experience is killing them; my RomneyCare was the basis for ObamaCare; I hated TARP unless we really need it; despite being a near-billionaire I am one with the middle class.

2) Cain: 999. A well developed and research plan…except he won’t tell you who did the research and how it was developed….he has a panel…but their identity is secret. Shhhhhh. Oh, by the way, Bloomberg’s financiers and economists are incorrect but his mystery men are not.

3) Gingrich: Put Dodd and Frank in jail. I wonder if Gingrich should have gone to jail when he voted down Glass Stengall and Wall Street Deregulation.

4) Perry: DRILL….DRILL…..DRILL….DRILL…..please don’t ask me any hard questions cause I really don’t know much about anything. He wants to make the U.S. like Texas….in the bottom 5 in category after category. Oh….and government should not spend money in creating business unless it is the state government and then it is ok. Like the Texas Enterprise Fund.

5) Santorum: Bring back the Nuclear Family. Leave it to Beaver for the Model First Family. Mythology as history and ecoomics.

6) Bachmann: I had 23 Foster Kids (none of whom has endorse me, drat!). Oh, and I was a tax attorney working for the IRS that was in charge in raking in your tax dollars (oh, never mind).

7) Gingrich: Lots of words, lots more words….nothing much else.

8) Ron Paul: Consistent, honest, direct, and clear. I do not regard a lot of his thinking as good for most people but he is a straightforward libertarian and does not hide it.

Liked the format and the audience tonight.

Emerald1943
Member

Murph, spot on!

At least we can give Ron Paul a little credit for consistency..he’s been preaching the very same stuff for years!

But what? No Huntsman? IMO, the repubs really missed the boat. If there is one person in that bunch of fruitcakes that could genuinely hold his own in a debate against the President, I believe Huntsman is it. I know…he’s not fanatical enough, and he also wears magic underwear! Certainly those are good reasons not to nominate him! 🙂

SueInCa
Member

NOT A BAD ANOLOGY BUT I WOULD ADD ONE MORE THING. None of them are trying to single themselves from the pack. They are tip toeing around each other, I guess the gloves will come off when the primaries actually start.

MurphTheSurf3
Editor

I think they are still being tactical but desperation will breed greater risk taking.

SueInCa
Member

Cain wore a flag pin. But he still is a Martha’s Vineyard black man. Not appealing to many black people.

Did he just say his Chilean tax plan? Republicans don’t like south American politics, he better watch it.

bito
Member

Your Flag Decal Won’t Get You Into Heaven Anymore

SueInCa
Member

Great pick Bito.

bito
Member

Define “dynamic analysis” and how is that any better than actually showing your whole plan Mr.Cain?

SueInCa
Member

Well dynamic analysis is when you analyze in a dynamic way. Why on earth would you want to know the details? just keep watching that shiny object and you cannot lose.

bito
Member

Gotcha Sue!

Well dynamic analysis is when you analyze in a dynamic way.

😆 😆
I think I was the straight man for that one and you jumped on it!

SueInCa
Member

I can be funny when I want. Too much bad stuff to be funny all the time. I might be mistaken for a Republican or Ron Paul follower.

bito
Member

Cain was the winner because no one watching will bother to crunch his numbers.
Perry was weak, weak, weak and Mitt was Mitt.

choicelady
Member

Who wins if no one watched? I forgot it entirely – had a glass of wine and made dinner. On the whole, a vastly more satisfying activity.

So as with a tree falling in the woods – if no one watched, was anything said?

And YOU guys had to go and spoil it as a philosophical question by actually WATCHING!

bito
Member

C’Lady, actually I was watching a rerun of “The Men who Stare at Goats.” Wait, maybe I was watching the debate. 😉

SueInCa
Member

People in New Hampshire are well behaved and considerate even if they are republicans

Weirdwriter
Member
Weirdwriter

Gee, Mitt, aren’t we already the strongest nation on Earth? Did some other country pass us by and I missed it?

bito
Member

A “Bingo!” for you WW! We spend more than the next 10 countries combined now. He said he was going to stop the PBO cuts on Dod. HUH? They have been increasing under PBO.