comMITTed to Romney!

As a free market conservative, I never thought I would be among the first to raise a hue and cry for re-regulation, but that is exactly what I’m advocating. The monumental failures of former Wall St. titans Merrill Lynch and Lehman Bros., along with mortgage giants Fannie Mae and Freddie Mac, have demonstrated
beyond any reasonable doubt, that these institutions had virtually no internal controls. That being the case and considering the devastation they leave behind them when they fail, I feel that we must come to the conclusion that external controls are now necessary.

Even for those who don’t accept re-regulation with out stretched arms, considering the massive bailouts that have already been made and keeping in mind the much rumored commercial banks that may need to be rescued by the FDIC, what alternative do we have? As big as the Federal government is, it’s resources aren’t infinite. Unless someone just happens to have an extra trillion dollars just laying around, I don’t know what else we can do, but craft new legislation that will re-institute the kind of risk management that sophisticated money management firms are expected to employ on their own.

I read an article yesterday that came to the conclusion that “moral hazard” ( usually an insurance term ) has been re-introduced to the players of Wall Street. If you take big risks and the trades go south, you are on your own. The days of coming to the U.S. Treasury or lining up the limos outside the New York Fed are over.

~~John Cronin~~

By GLEN JOHNSON
Associated Press
September 15, 2008

JACKSONVILLE, Fla. (AP) – Wall Street turmoil underscores the need to overhaul “the outdated and ineffective patchwork quilt of regulatory oversight in Washington,” Republican presidential contender John McCain said Monday.

In a statement issued in advance of market openings, the Arizona senator said he agreed there should be no taxpayer-financed bailout of Lehman Brothers even as the investment banking giant faced the specter of liquidation. Meanwhile, Merrill Lynch was selling itself to Bank of America for less than half of the iconic brokerage firm’s recent value.

“It is essential for us to make sure that the U.S. remains the pre-eminent financial market of the world. This will be a highest priority of my administration. In order to do this, major reform must be made in Washington and on Wall Street,” McCain said in his statement.

He added: “The McCain-Palin administration will replace the outdated and ineffective patchwork quilt of regulatory oversight in Washington and bring transparency and accountability to Wall Street. We will rebuild confidence in our markets and restore our leadership in the financial world.”

Over the weekend, advisers both to McCain and Democratic rival Barack Obama said they did not favor a government bailout of Lehman Brothers like that previously provided to Fannie Mae and Freddie Mac. The government also help engineer the recent sale of Bear Stearns Cos. to J.P. Morgan & Co.

“I am glad to see that the Federal Reserve and the Treasury Department have said no to using taxpayer money to bailout Lehman Brothers, a position I have spoken about throughout this campaign,” said McCain. “We are carefully monitoring the financial markets, including the duress at Lehman Brothers that is the latest reminder of ineffective regulation and management. Efforts must also be focused on ensuring that the deposits of hardworking Americans are protected.”

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I just can not stop crying about this, being a politico it just hurts like hell. Here is all of the coverage of today from NBC News.

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I just happened to be in my SUV when Laura’s radio show was on. It’s been a long time since I’ve had the chance to hear her show.

Jed Babbin was quest hosting this morning and he was talking about the story that is on the minds of political junkies all across the country. The anticipation that HRC will throw in the towel tonight in a speech (my understanding from her home in New York state) being crafted by her with help from her husband, Bill.

Then a news flash came from Jed that a major news outlet is allegedly in possession of a blockbuster Michelle Obama video that supposedly could wreck Obama’s chances in the general election. I saw the same story on NYForMitt.COM a couple of days ago. I looked for the story on Drudge before I posted this and couldn’t find anything. Does anybody know if this story has legs? If it is a legitimate story, I would think it would be all over the ‘net by now, so I’m hesitant to say too much more about it.

If any Mittheads have more information, please post it in the comments section.

This could roil the election and throw everybody’s calculations out the window. Grab the popcorn and turn on the TV to your favorite news station, this promises to be a very interesting night!

~~John Cronin~~

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http://www.becketfund.org/index.php/article/379.html

The Becket Fund
Cordially Invites You to
Its Twelfth Annual Dinner
Awarding the Canterbury Medal to
Governor and Mrs. Mitt Romney
Thursday, May 8, 2008
The Metropolitan Club
One East 60th Street
New York City
Reception at 6:30pm, Dinner to Follow
Black Tie

This year the Becket Fund is honored to bestow Governor and Mrs. Mitt Romney with its highest honor, the Canterbury Medal, for their role in expanding the free expression of religious faith in the public square. Each year the Becket Fund awards the Canterbury Medal to someone who has “resolutely refused to render unto Caesar that which is God’s.”

The governor’s extraordinary speech on the role of religion in political life was an important contribution to religious liberty and the national political discourse during this election season. Both Governor and Mrs. Romney have demonstrated exemplary poise and dignity in the face of all manner of provocations aimed at their faith. For these reasons and more, The Becket Fund is delighted to present the Romneys with the Canterbury Medal at this year’s dinner.

See coverage of the award in the U.S. News and World Report.

To purchase a table or tickets, contact Ashley Samelson at asamelson@becketfund.org.

Or purchase online:

Clicking on one of the boxes below will take you to a secure VeriSign site to provide your information. You will receive an e-mail confirmation of your donation.

I’d like to make a tax deductible contribution to the dinner at the following level:

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Per MSNBC, New York Governor Eliot Spitzer will resign the office of Governor of New York at 11:30PM EDT today. Just another in a long line of politicians.

For your enjoyment, you can watch the video of the name of the title in this post…

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Before you pull the lever for John McCain on Super Tuesday, please consider the following information first. As a Mitt Romney supporter, I would prefer to convince people why they should vote for my candidate, rather than against John McCain. However, I’ve tried this approach for the past 18 months, but people haven’t been able to get past his religion or the false impression that he’s a flip-flopper. As governor, Romney never contradicted a position he campaigned for in 2002 and while he did change his stance on abortion, he upheld his campaign promises throughout the end of his term. You can trust that the stances he is taking for America (which are decidedly different than the needs of Massachusetts in 2002), will be consistently adhered to while he is in office.

McCain on the other hand consistently changes positions, or blatantly lies about his record and the records of others. As accounts continue to surface about his private dealings with fellow legislators, staffers, and other private individuals, it is abundantly clear that John McCain is concerned about the one thing he’s always been concerned about—himself.

Perhaps you’ve resigned yourself to the “electability” argument, and believe that John McCain is the only Republican who could win in November. McCain will be the first one to tell you not to trust polls that come out 6 months before an election (just look at last July’s polling data for McCain). Additionally, you give the Democrats too much credit. As the economy and budget woes worsen, neither Hillary Clinton nor Barak Obama has any credibility to solve this impending crisis. On this issue alone, John McCain would be much easier to beat than Romney since he can’t run effectively on the economy. If we nominate John McCain, it will be like nominating Bob Dole all over again (and he was supposed to be the most electable at the time).

For all you know, everything I have just said could simply be made up charges for political reasons. So I ask you to take a look at the whole picture of John McCain’s life and his accelerated advancement through the naval ranks—in spite of his poor record and actions unbecoming of a Naval officer. As you read the following story of McCain’s Naval record, compare this with Mitt Romney and answer the following questions:

· Both had influential fathers, what did this give them in life?
· Both were accepted to prestigious universities, what did they do with that opportunity?
· Both had careers that ended in high-profile positions. How did they get there?
· How do their personal and family lives compare?
· What kind of people do they associate themselves with?
· What have these two candidate shown that they are good at?

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…most wanted corrupt politicians.

Here’s what they say:

Former New York Mayor Rudy Giuliani (R-NY): Giuliani came under fire in late 2007 after it was discovered the former New York mayor’s office “billed obscure city agencies for tens of thousands of dollars in security expenses amassed during the time when he was beginning an extramarital relationship with future wife Judith Nathan in the Hamptons…” ABC News also reported that Giuliani provided Nathan with a police vehicle and a city driver at taxpayer expense. All of this news came on the heels of the federal indictment on corruption charges of Giuliani’s former Police Chief and business partner Bernard Kerik, who pleaded guilty in 2006 to accepting a $165,000 bribe in the form of renovations to his Bronx apartment from a construction company attempting to land city contracts.

Governor Mike Huckabee (R-AR): Governor Huckabee enjoyed a meteoric rise in the polls in December 2007, which prompted a more thorough review of his ethics record. According to The Associated Press: “[Huckabee’s] career has also been colored by 14 ethics complaints and a volley of questions about his integrity, ranging from his management of campaign cash to his use of a nonprofit organization to subsidize his income to his destruction of state computer files on his way out of the governor’s office.” And what was Governor Huckabee’s response to these ethics allegations? Rather than cooperating with investigators, Huckabee sued the state ethics commission twice and attempted to shut the ethics process down.

I don’t know this group, but you can’t argue with what they’ve outlined above.

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Just yesterday I posted a brief article titled: “Heads to Roll at Hillary’s Campaign?” As of today I had to change the title of this post from a question to a declarative statement!

Hillary’s campaign has just “accepted the resignation” of Bill Shaheen, a national co-chairman for Clinton’s campaign.

In a Wednesday interview with the WASHINGTON POST, Mr. Shaheen talked about Barack Obama’s admitted drug use as a young man. In order to get the most mileage out of the statement, he expressed concern that Republican dirty tricksters would have a field day digging dirt on Obama.

Did you notice how altruistic and noble his purpose was? He didn’t bring the subject up in order to do anything to sabotage Obama’s campaign, he was just really concerned that if Obama won the Democratic nomination, he would be vulnerable to the “Republican Attack Machine.” With the strong implication that in order to take back the White House, the Democrats needed someone like, oh, Hillary, who could stay on her feet and successfully resist the coming onslaught!

If anyone out there believes that one, please contact me regarding a once-in-a-lifetime opportunity to buy a bridge in Brooklyn.

~~John Cronin~~

“Give me a newspaper and a bowl of chili and I’m happy.” Will Rodgers, American humorist

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Right about the time I was expecting to hear repeated the “teflon” label given Reagan, this news hits. I was driving home today and heard Hewitt break this news and callers saying RG will get over this little speed bump. I hurried home to post the story, parked the car, kissed my wife, ran to the computer, and SCOOPED! Ann Marie got it done! So at the ABC story, I decided to read the comments (150 now) and had to skip a bunch — there sure are a lot of vulgar people in this world! I copied over some of the more interesting of the comments below. First though, it appears (is alleged), that Giuliani,

1) Misappropriated NYC funds and resources for his personal use.
2) Provided significant city resources for his then publicly unknown mistress while at the same time providing the same services for the wife to whom he was married.
3) Used obscure city financial accounts to bury or divert the NYC Police expenses ostensibly to hide them.
4) Billed the city for hotel stays that had no official government purpose.

So what does all this mean? You decide. Does this revelation really matter to the race? Have we gotten to the point in America that with a nod and wink we can easily dismiss major moral and ethical indiscretions? To get you started, check out these comments from the ABC blog. What are your comments? Please leave one below:

It appears as if Mayor Rudy Giuliani finally found the perfect match for him, for now. He changes women like he changes his mind, constantly. Posted by: sue from texas

Anyone really surprised? He’s a natural for the presidency w/ the current state of affairs. I’m sickened that he calls himself a republican, much less an American. As higher forms of life go, I’d rate him at just under STD’s, and just above the amoeba. Posted by: VeteranD

In this corner weighing in as most adulterous the current champions Bradgelina…in the other corner the challengers Rudyjudy….. and the winner is RUDYJUDY!!!!….Posted by: GM

Unfortunately, after Slick Willie’s time in the White House, there is no behavior that would be bad enough to scandalize a President (or Presidential Candidate) short of murder. Everything that would have been a scandal in the past is simply dismissed as normal behavior from a politician…Posted by: Nathan

Simple Question for Giuliani: “Did Judi Nathan receive city-paid security or transportation in 2000, when you were still married to Donna Hanover?” Posted by: D

Bye bye Rudy!! We hardly knew ya!!!! Posted by: Mrzip

Clinton’s scandals seems positively silly compared to the flagrant abuse of power and contempt for the taxpayer on display here. Posted by: mk

How much did Bill Clinton’s mistress Monica cost the taxpayers? Bill Clinton set the moral standards for us. Who cares about Rudy’s escapades? Posted by: Caryl M

Wow, Romney comes under heat for his religion, yet Giuliani is leading a polygamist life with two “wives” under security, simultaneously. Posted by: bill henry

What happened to “America’s Mayor”? Isn’t he a man who prides himself on being on top of everything and in the know? If he can’t explain the accounting of his personal expenses on the city’s tab, how does he think that he’s equipped to be president? Posted by: Brooklynite

“America was stupid enought to elect Slick Willie - TWICE so what’s the fuss about? At least Rudy wasn’t caught in the White House or Mayors Office.”

No, he was not caught in the mayor’s office. That’s the whole point. He was taking his adultery on the road, at taxpayer expense. Posted by: Alvin

This is one CONSERVATIVE who’s totally disgusted by Rudy. I have been very disappointed in my party for supporting this man. He’s dishonest, obviously, and isn’t a conservative. Unethical behavior is bad no matter which side of the aisle you’re on! Posted by: Oink

When the Democratic New York State Controller was caught improperly having his wife chauffeured around at state expense he was forced from office. Do we have a double standard here? Posted by: evan500

If this was about Clinton, this would be the top story for, oh, about a year. Posted by: Clay

There IS a God. Posted by: LeeO

But…..but……Pat Robertson backed him. Let’s hear what Pat Robertson has to say now. [cue crickets] Posted by: Your Conscience

Rudy is a piece of dirt and he always was. Sure NYC was better but remember a vibrant economy and a crime bill that put 100,000 new cops on the street was as much a factor as his tough gestapo like tactics. Mayor Bloomberg has improved the city without treating minorities like dirt as Giuliani did. His own family doesn’t like them. That should tell you all you need to know. Posted by: Jeff

Remeber Dukakis in the tank? Wait until all the transvestite pics of Rudy appear. He’s toast - time to start looking for a different serial adulterer. Posted by: Larry

Rudy: Against-publicly funded health care For- publicly funded adultery. Posted by: weelzup

LET ME GET THIS STRAIGHT….WHEN MOST PEOPLE DIAL 9-1-1 THEY HAVE THE OPTION OF AN AMBULANCE. WHEN “SHE” DIALS 9-1-1 SHE GETS A TAXI !!!!! DOES RUDY KNOW HOW TO IMPRESS HIS MISTRESS OR WHAT? Posted by: tomcat27834

so tell me………….when will Rudy REFUND the taxpayers of New York for his sexual escapades? Mr. 9/11 should donate every dime of the TENS-OF-MILLIONS made on speaking engagments off the backs of grieving New Yorkers………….This guy has no shame. Posted by: tomcat27834

Rudy had a duty not to squander NYC’s scarce public resources. It is shameful; among other destinations his creative bookkeepers found for these expenses were an agency that provides legal services to the indigent. He is very unpopular in NYC and I’ve no doubt that sources within the government will unearth other venal revelations. Posted by: AG

Apparently she was shopping for clothing for the cross-dressing Rudy Julie Annie. Posted by: Bill Hicks

and of course the new voice for the christian right supports him. pat (I never saw a corrupt person I didnt like) Roberston. Posted by: gary

Mud slinging? Anyone that cheats with someone and cheats on someone will more than likely be a cheat in general. Posted by: London

Giuliani is done. Posted by: mikeVA

Giuliani is the typical New York politician. A crook. And he says he will cut the waste in Washington. Well, what’s going to happen when he gets bored with wife #3? Does mistress #4 get a secret service escort and a bullet proof car that comes with a police motorcade? You know, with the security concerns surrounding Giuliani, it might be a necessary expense!! Security concerns! I’m sick of these pols wasting my tax money. Romney, you have my vote!! Posted by: Spencer

Rudy believes we are all stupid and he can shrug this stuff off with an “I didn’t know anything about it”. If he didn’t know he is too careless and clueless to be President. And Kerik is only another part of this iceberg wreck. Follow the money and look at Rudik’s partner’s, lawsuits [Google], and you’ll fine more, more, more. He is patently dishonest and secretive and would continue to damage our country on every level possible. His dishonesty is spectacularly obvious. Posted by: morris1030

He needs to be confined in a room with a view. You know! JAIL Posted by: joe

I have tremendous and abiding faith in our form of government. America truly is the example in all the world of liberty, freedom, and hope. Corruption has always existed in various ways in this nation, hence the reason our founding parents devised checks and balances that work. One of those “checks” is a free press. Why a free press? For no other reason than to simply expose and reveal corruption among the powerful. It is that basic. Mr. Giuliani was granted power by the citizens of his city and he crossed the line many times in his abuse of power. Character does matter. This has nothing to do with mistakes or being too busy to see details or any of that. This is all about character and judgment. As I have said in this blog before, once Giuliani begins to spend his money to catch Governor Romney in the early states, it would be the beginning of the end of his campaign. That spending started this week. What was revealed today will only hasten the end for this man. There is still more to reveal. Name recognition will only carry you so far.

~ Vic

Please Help Mitt Get His Message Out —-> MAKE A DIFFERENCE!

“The true test of civilization is not the census, nor the size of cities, nor the crops – no, but the kind of man the country turns out.”

— Ralph Waldo Emerson, American essayist, philosopher and poet (1803-1882)

“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, vision cleared, ambition inspired, and success achieved.”

— Helen Keller, American social activist, public speaker and author (1880-1968)

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POLITICO.COM Ben Smith

According to the POLITICO, they have obtained billing records through New York’s Freedom Of Information Act, that they say shows tens of thousands of dollars in highly questionable bills sent to obscure New York City agencies, bills that relate to trips that RG allegedly took to visit Judith Nathan at her condominium in the Hamptons.

These bills were submitted when RG was Mayor of NYC and still married to Donna Hanover. The bills were discovered during a routine audit of a tiny agency in NYC, the agency that regulated loft apartments.

You never know what story will catch fire and explode across the nation’s headlines. Maybe people will shrug their shoulders and say, “So what. He’s a politician, that’s what politicians do. Besides, a few thousand bucks is peanuts.”

On the other hand, RG already has a full count on him with social conservatives, meaning his multiple marriages, pro-abortion position, Bernie Kerick, etc. This might prove to be the scandal that causes him to foul ball the presidency.

~~John Cronin~~

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Ben Shapiro TOWNHALL.COM

Fine article by Ben Shapiro highlighting the “richly experienced” candidates on the Republican side versus the green beans on the Democratic side.

I don’t like Obama’s politics, but ya gotta love him for the way he is responding to Hillary’s attacks.

Here’s a sample.

“The fact of the matter is that Sen. Clinton is claiming basically the entire eight years of the Clinton presidency as her own, except for the stuff that didn’t work out”, Obama said.

“There is no doubt that Bill Clinton had faith in Hillary and consulted with her on issues, in the same way that I would consult with Michelle, [Obama's wife] if there were issues. I don’t think Michelle would claim that she is the best qualified person to be a United States Senator by virtue of me talking to her.”

Three years ago Barack Obama was a state Senator from Illinois. Now he wants to lead the world’s largest enterprise. He has not run a corner drugstore.

Hillary Clinton is the junior Senator from New York. Now she wants to lead the world’s largest enterprise. She has not run a corner drugstore.

John Edward’s served one term in the U.S. Senate before joining John Kerry’s losing presidential campaign. Now he wants to lead the world’s largest enterprise. He has not run a corner drugstore.

Mitt Romney turned Bain & Co. around and molded it into a highly successful business. He founded Bain Capital and his success there is legendary. He turned the Winter Olympics around and converted a $400,000,000 deficit into a $100,000,000 surplus. He rescued the state of Massachusetts from a $3 billion deficit and left office with a surplus.

The “Experience Gap” is overwhelming. While nobody can predict the future, I do believe that “what is past is prologue.”

That being said, I have to conclude that the “Performance Gap” between Mitt Romney and the Democratic light weights will be so enormous, that for the good of the country, the only viable option we have is to work for a Romney win in the primaries and then win the general election.

~~John Cronin~~

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Some people ask us why we spend time talking about the competitors on this blog. That what they come to this site for is information about Mitt, not negatives on the competitors.

I can understand that sentiment, but I’m going to do another Giuliani post anyway. I believe that an important role of this blog is not only to give information about Mitt, but also to arm Mitt supporters with the information they need to refute the charges coming from the other camps.

Hopefully all of us are talking with our family, friends, and co-workers about why we like Mitt. An important part of being credible in that conversation is being knowledgeable on the other candidates, and convincing about why we don’t support them.

So, click through here to go to the Romney campaign’s latest press release describing how Rudy and Hillary share Liberal values and a “New York State of Mind” in common. (full text after the jump).

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Remembering that a vote for Mike, Fred, John, or Rudy…is a vote for Rudy, here is a glimpse of what we are setting ourselves up for with a Rudy candidacy (and ultimately Presidency).

First, here is a sobering story of Giuliani’s history of cronyism, elevating corrupt and incompetent loyalists to positions of power over his time as NYC mayor.

Second, here is an eye opening account of how Giuliani exploited the court system and activist judges to attack the 2nd amendment, defend sanctuary cities, keep taxes in place, and fight the line item veto.

Finally, here is the link to a couple videos which detail the sordid story of Alan Placa. Alan is a former priest and known child molester who also happens to be one of Giuliani’s best friends. Giuliani has protected Alan along the way and has even employed him at his firm Giuliani Partners.

If you are a Romney supporter, now is the time to act! there are only about two weeks before the first absentee ballots are potentially cast in New Hampshire, and the Iowa Caucuses will be upon us in less than six weeks! Donate, volunteer, talk with your family, friends, and co-workers. If we all get involved and work toward Mitt’s election it will definitely happen! (If you would like to help out but don’t know how to get involved, leave a comment and we’ll try to point you in the right direction).

If you are supporting anyone beside Romney, recognize that is de-facto support for Rudy. This primary is going to be won by either Rudy or Romney. If you have problems with Rudy’s liberal views on abortion, marriage, immigration, 2nd amendment, and taxation, please take another look at Mitt Romney and consider giving him your support. Any questions? Leave a comment and we’ll do our best to address it!

Articles and videos after the jump.

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Recently, Rudy sent out direct mail and ran TV ads, specifically broadcasting his 9/11 credibility.

Others, including the fire chief in this video, vehemently debate Rudy’s version of the story.

By continuing to define himself as Mr. 9/11, Rudy has set himself up to be toppled by those who oppose his history of that day. He may yet be “swift-boated” by these people.

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EXAMINER.COM

ST. LOUIS, MO.

BY BILL SAMMON

Good points made in a recent article regarding the ongoing debate about whether or not we should artificially create upwards of 20 million new citizens who: (a) mostly don’t speak English and have no immediate plans to learn the language (b) have little or no interest in becoming acculturated in American civil customs or history (c) are at the mercy of employers of dubious ethics (d) may well become the recipients of massive entitlement programs if we slip into a serious recession and their lower level jobs dry up and (e) in all probability will hasten the possible insolvency of the Social Security system.

Washington, D.C. (Map, News) –“ The re-emergence of illegal immigration in the last two Democratic presidential debates could hurt the party in the general election and might even imperil some Republicans in the primaries.”

Witness Hillary Clinton’s torturous flip-flop on Gov. Spitzer’s (D-NY) plan to reward illegal activity with New York state driver’s licenses.

“Democrats have to find a way to make it sound like they’re not opening up the gates and [giving] away things to people who don’t have legal standing in this country,” Benedetto said.”

‘”If Hillary Clinton thinks she fixed her problem on the driver’s license issue with one debate question response, then she is quite mistaken,”’ said Kevin Madden, press secretary for Republican candidate Mitt Romney.”

“Romney and Fred Thompson have been playing up the immigration issue not just against Democrats, but also against fellow Republican candidates who are viewed as vulnerable on the issue. These include Rudy Giuliani, who welcomed illegal immigration to New York when he was mayor, and Mike Huckabee, who advocated in-state tuition rates for the children of immigrants when he was governor of Arkansas.”

The Romney campaign has rightly held Huckabee’s feet to the fire on the issue of in-state tuition for the children of the illegal immigrants. Huckabee said that we shouldn’t penalize the children for the actions of their parents, but as Gov. Romney pointed out, neither should we reward the parents with a tuition break that our own citizens would not get.

“Rudy and Huckabee don’t want immigration at the forefront of any issues debate,” Madden said. “With the issue front and center, both have a great deal to lose.”

Amen to that. Let’s not let the schmooze artists con us into thinking that they are immigration hawks.

As Mitt Romney has repeatedly said. “ We welcome legal immigrants”.

We need their skills and their dedication and, of course, with the exception of Native Americans, we are all descended from immigrants.

It is the breaking of American law by employers and the illegal aliens and the security breaches of our borders that must come to an end.

~~John Cronin~~

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