Wednesday, January 18, 2012

Mitt Romney is Pulling Away in South Carolina

There are still some in the Press that want you to believe there is still a contest going on in Republican primaries. Although most concede that Romney is the likely nominee. Romney is increasing his lead in South Carolina despite receiving the most criticism he's received at any point since the primaries began some 6 months ago. Even Romney's opponents in the race believe if he wins South's over:

 A new CBS News/New York Times poll shows Mitt Romney has opened up a statistically significant lead among Republican primary voters across the nation trying to decide who should represent their party in this year's presidential election, but it's still a fluid race.

Romney gets 28 percent support among a fractured field of candidates, with Newt Gingrich in second with 21 percent, and Rick Santorum and Ron Paul (each coming off a strong early-state showings) nearly tied for third place with 16 and 15 percent, respectively.
Let's talk about something more important - Romney's ridiculously low tax rate
Romney's taxes have emerged as an issue days before the South Carolina primary. He agreed in Monday night's debate to consider making his tax returns public, and then committed to releasing them on Tuesday. But the multi-millionaire candidate now is on the defensive after acknowledging that his effective tax rate is 15 percent, saying most of his income came from investments and speeches rather than earned income. Christie says he wants to remain as governor, but he wouldn't rule out joining a Romney ticket.
Gingrich has ridiculed Occupy Wall Street on several occasions. Now he's sounding like one of them. Welcome to the cause:
Gingrich was holding little back in his criticism of Romney, saying that, in at least some instances, the Bain model has meant "leverage the game, borrow the money, leave the debt behind and walk off with all the profits."

"Now, I'll let you decide if that's really good capitalism. I think it's exploitive. I think it's not defensible," he said.

Gingrich continued that what Romney engaged in "is not venture capital."

"Venture capital is when you go in and put in your capital and you stick it out," he said.

Gingrich has faced rebuke in some quarters as attacking the GOP bedrock of free enterprise in his criticism of Romney and Bain. But he argued Tuesday that raising questions about Romney's track record at Bain should not be confused with an attack on capitalism.

"I'm proud of real capitalists. I'm proud of guys who say to their workers I'm in it with you. If I lose money and you lose a job we lost together because we both tried," he said.

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