Wednesday, August 8, 2012

Election Stuff

There’s been a good deal of election related news in the past few days. Let’s cover it all. . . every last single item. Or not.

The Polls: Dick Morris, who is often correct, made an interesting statement about the polls the other day. He noticed that the MSM is presenting the picture of Obama having momentum and they are doing it through polling that purports to show Obama gaining support. Newsweek apparently even speculated about an Obama landslide. Morris says not to believe any of this.

Morris has seen state-by-state polling of the thirteen key states. He says this polling shows Romney gaining momentum in nine of those states and Obama gaining momentum in four. From this, Morris claims that Romney is ahead in Indiana, New Hampshire, Wisconsin, Nevada, North Carolina and Colorado. He is basically tied in Virginia, Florida and Ohio, though Obama importantly remains stuck below 50% in each. Moreover, while Obama is still ahead in Iowa, New Mexico, Michigan, Minnesota, Pennsylvania and New Jersey, he is stuck below 50%, which presents a significant pick up opportunity for Romney -- Obama needs to win each of those states to win the election.

All told, Morris thinks that Romney may end up with around 350 electoral votes, which would be a landslide. I’m leaning in that direction as well.

The Trumpster: According to reports, Romney plans to unleash Trump to win over swing-state whites in Ohio, Indiana, Iowa, Wisconsin and Michigan. Trump huh? Well, before you scoff, consider this. According to Zogby, Trump appeals to whites who earn less that $35,000. These people make up the bulk of the undecideds. They apparently see Trump favorably based on “his celebrity, personal magnetism, and the positive aspiration brand he offers, [which] seems to gel with this group of voters.” He’s also a fearless campaigner who won’t shy away from blasting Obama on any issue. This could get interesting.

The Money: I’m not a believer that money decides elections, but a lot of people are. To me money is more an indication of which way people think the election will go. Thus, it’s fascinating that Romney continues to out raise Obama by huge margins. In May, Romney raised $77 million compared to $60 million for Obama. In June, Romney took in $106 million compared to Obama’s $71 million. Now we learn that in July, Romney took in $101 million compared to Obama’s $75 million.

The General: According to an Obama donor, Obama thinks Romney is looking to pick Gen. David Petraeus for his Vice President. Obama promptly denied saying that. On the one hand, this pick would probably electrify the public. I bet this would add 3-5% to Romney’s poll numbers everywhere. On the other hand, I’m leery of Petraeus. Generals rarely make good politicians and Petraeus is a known moderate. Given that Romney is still viewed with suspicion by the right, I think this would be a bad move. I still prefer Rubio.

The Shameless: Obama keeps hitting new lows in his political ads. Last week, one of his ads called Romney a felon for his SEC filings. This week, he’s got some guy whining how he lost his healthcare when Romney closed a plant which led to his wife dying of cancer, i.e. Romney killed his wife (LINK). For the record, she died four years after Romney left Bain. Also, anyone who has dealt with our healthcare system knows this is crap. But that never stops the Democrats. PLUS, it turns out that she actually had insurance through her own job even after Bain closed the plant (LINK).

Romney, by the way, has hired a new advisor whose job will be to start pushing back on the Bain attacks. That shouldn’t be too hard, just point out the companies Bain saved.

The Spending Cuts: Finally, do you recall the $1.2 trillion in automatic cuts that are supposed to kick in? Under a new law signed Tuesday, Obama will need to begin detailing where those cuts will happen as early as next month. This isn’t going to sit well with his voters when he tells them that if he’s re-elected, he will cut their jobs or benefits. Of course, that assumes he does what the law requires. Obama has already delayed Medicare cuts until November, even though those were supposed to kick in already, and he’s apparently been leaning on Big Business not to fire people before the election.

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