Poor Newt

Poor Newt. No, really, I mean, poor Newt.  Reuters is reporting that Newt’s network of intertwined lobbying consulting companies and associated book and DVD sales is mired in debt, alongside the $4.8 million in campaign debt.  Consequently, Newt’s empire is facing bankruptcy in Atlanta bankruptcy court.

Reading the reporting, one can’t help but wonder how much advantage Newt and his various wives have taken of the American legal system in order to build out the empire.  One also can’t help but wonder how much Newt will actually suffer as a result of his fast-and-loose wheeling and dealing.

Read the Reuter’s reporting:

Today’s Numbers

[column col=”1/3″]

The number of cents per gallon that gasoline has dropped since this time last month.[/column]

[column col=”1/3″]

The number of cents per gallon that gasoline has dropped since this date last year.[/column]

[column col=”1/3″]

The number of Republicans who previously blamed Barack Obama for rising gas prices who sent Barack Obama a note of congratulations or thanks for now lowering them.[/column]

 

* This number is not official, but it’s a pretty safe bet.

Mitt’s Business Acumen

Back in January, before Mitt Romney was the presumptive Republican nominee, I posted a tweet about the applicability of his business skills to the role of President:

I also published a more detailed (and only slightly less snarky) post on this blog on the same subject. While I was being just a tad sarcastic to make a point, my basic premise was deadly serious.

The Obama campaign today released a six-minute video that makes the same point a little more concretely, detailing the real-world consequences of Romney’s business philosophy while at Bain Capital:

There are lots of us in the middle class who are relieved (a) that Obama and his team are now campaigning in earnest, and (b) that they’re taking on this issue head-on.

Romney and his surrogates have been claiming that they don’t want to talk about social issues like women’s health and marriage equality (even though they’re usually the ones who are bring those subjects up). They keep claiming that their campaign forte is the economy.

Judging by today’s campaign video, it looks like Obama is welcoming that challenge.