The Commentariat -- January 5, 2012
My column in the New York Times eXaminer is on Mitt Romney, the New York Times' favorite presidential candidate. The NYTX front page is here. And you can contribute to the online paper here.
President Obama appointed Richard Cordray to direct the new Consumer Financial Protection Bureau yesterday. It is a recess appointment, bypassing the Senate, where Republicans refused to allow Cordray an up-or-down vote:
... David Dayen of Firedoglake: "There’s plenty of reason to believe that the whole pro forma session strategy is a sham.... For all the posturing and posing on the right, I’m not seeing any legitimate threats of court action over this. One problem with suing the White House over recess appointments would be standing. It’s unclear whether the courts would want to get involved in this at any level. And that may be why you just hear people like Mitch McConnell and John Boehner yelling about this being 'unprecedented' without saying that the lawyers have been called or anything like that.” ...
... Greg Sargent: "Here’s a pretty clear sign of which way the politics are moving in the fight over Obama’s decision to employ a recess appointment to install Richard Cordray as head of the Consumer Financial Protection Bureau. Senator Scott Brown — who’s facing a stiff populist challenge from Elizabeth Warren, the creator of the agency — has now come out in support of the move." ...
... Adam Serwer of Mother Jones: "Few presidents have seen their appointments subject to as much obstruction as Obama, and few have been so timid about taking advantage of recess appointments.... during their time in office President Ronald Reagan made 240 recess appointments, President George H. W. Bush made 77 recess appointments, President Bill Clinton made 140 recess appointments, and George W. Bush made 171. Obama's first term has seen a paltry 28."
Amanda Bronstad of the National Law Journal: "Rejecting a landmark U.S. Supreme Court decision giving corporations the right to make independent campaign expenditures, the Montana Supreme Court has ruled that banning such spending is justified given Montana's long history of businesses corrupting the state's political process. The state high court ruled on Dec. 30 that the U.S. Supreme Court's decision last year in Citizens United v. Federal Election Commission did not apply to Montana's Corrupt Practices Law, which prohibits corporations from using general funds to make political contributions." Thanks to a reader for the link.
More from Lynn Sherr in the New York Times on "America the Beautiful" Sherr literally wrote the book on it. See also yesterday's Commentariat.
Right Wing World
Natalie Wolchover of Live Science: "Presidential candidate Mitt Romney received eight more votes than candidate Rick Santorum last night in the Iowa caucus, 'eking out a victory' on the path to winning the Republican nomination for president — or so officials and the media are saying. But according to academics, Romney and Santorum actually tied. 'From a statistical point of view, you can't say Romney won anymore than you can say Santorum won,' said Charles Seife, a professor of journalism at New York University who studies election error." ...
... Derek Thompson of The Atlantic posts this handy chart of what the GOP candidates spent for each caucus vote they got in Iowa:
Peter Wallsten & Philip Rucker of the Washington Post: "... Mitt Romney landed [in Manchester, New Hampshire] Wednesday and immediately faced intense attacks from Republican presidential rivals who vowed to challenge him more aggressively. Newt Gingrich held a news conference in Concord to say that Romney is a liberal and a political chameleon, willing to change positions to suit his needs. Jon Huntsman Jr. dismissed Romney’s newfound support from Sen. John McCain (Ariz.), saying that 'nobody cares' about his backing.... And Rick Santorum ... said in an e-mail to supporters that Romney is a 'bland, boring career politician who will lose to Barack Obama.'”
Dave Weigel of Slate: Rick Santorum wants the Senate to sue President Obama over his recess appointments. And everything else pisses him off, too.
Matthew Mosk & Brian Ross of ABC News: "Rick Santorum's powerful finish in the Iowa caucus is bringing fresh attention to his tenure in Congress, including ethics questions that dogged him about a preferred mortgage he received from a bank run by campaign donors, and federal funds that went to a real estate developer who backed his charity. One of the top donors to Santorum's charity was also the beneficiary of an $8 million Santorum-sponsored federal earmark...."
Romney's 25 Percent Solution. Massimo Calabresi of Time: "An eight-vote, 25% victory may look weak, but Mitt Romney’s narrow win in the Iowa caucuses Tuesday has his campaign charting a plan for ultimate victory by the time Florida Republicans hold their primary on Jan. 31. The strategy: use a dominating win in New Hampshire to cast weak victories in Iowa and South Carolina as a sign of Romney’s inevitable nomination."
Helene Cooper & Mark Landler of the New York Times: "The day after Mr. Romney squeezed out a razor-thin victory in the Iowa caucuses, Mr. Obama’s political brain-trust trained most of its fire on him, painting him as both a Wall Street 1 percent type and an unprincipled flip-flopper. How long the Obama campaign can condemn Mr. Romney ... on both counts is not clear, given that independent voters may view his protean tendencies as evidence of pragmatism." CW: This is Frank Bruni's argument. I don't buy it.
Holly Bailey of Yahoo! News: "While [Sen. John] McCain and [Mitt] Rommey never became close friends, their relationship has gradually become less chilly over the years — enough so that McCain backed off his pledge to stay neutral in this year's Republican presidential race and endorsed Romney on Wednesday." ...
... Dana Milbank: Romney isn't enjoying his victory in Iowa. "The day after his impossibly thin eight-vote victory, the front-runner for the Republican presidential nomination flew here [to Manchester, New Hampshire] for a town hall meeting at Manchester High School Central, where he was to bask in the endorsement of his 2008 arch rival, John McCain. But the senator grimaced when he was introduced, and as Romney delivered his own stump speech, an increasingly impatient McCain pulled up his sleeve and checked his watch." Then some Occupy reps asked questions. ...
... How to Win in Vegas. Or Anyplace. Always. Paul Krugman and others are looking for some straight talk from the Romney camp on what figures he used to make his claim that he was a jobs creator and Obama was a jobs destroyer. No luck on the 2nd, but on the first, the Romney campaign produced figures for Bain Capital from the periods during and after Romney worked there. Krugman sums up the Romney rationale: "So if something good happens, even if it’s long after Romney was at Bain, it’s Romney’s achievement. If something bad happens, even if it’s in a company that Bain took over when Romney was there, never mind. By that standard, everyone who’s spent a lot of time with slot machines is a big winner, since only the pluses count." ...
... Jeremy Holden of Media Matters: Wait, wait. It was 100,000 jobs Romney created, as he claimed. It was 150,000, according to Fox "News." They are not, however, showing their homework.
News Ledes
President Obama spoke on the Defense Strategic Review today:
... The New York Times story is here.
Bloomberg News: "Companies added more workers than forecast in December, a sign that the U.S. labor market was gaining momentum heading into 2012, according to a private report based on payrolls." ...
Bloomberg: "Fewer Americans filed claims for unemployment insurance payments last week, showing the labor market is starting 2012 on better footing than a year earlier."
New York Times: "Insurgents unleashed a fierce string of bombings against Iraq’s Shiites on Thursday, attacking pilgrims marching through the desert and neighborhoods in Baghdad in an attempt to stir sectarian violence amid a political crisis that has brought the government to a halt. At least 60 people died and at least 138 were wounded, security officials said, in the second devastating and apparently coordinated attack in Iraq in less than a month." Al Jazeera story here.
Haaretz: "Former Prime Minister Ehud Olmert and 17 others were indicted on Thursday in the so-called Holyland case, for allegedly giving or receiving bribes to advance various real estate ventures. Almost two years after one of the largest corruption scandals in Israel's history first erupted, indictments in the case are due to be filed on Thursday."
Guardian liveblog: the euro hits a 15-month low against the dollar.