MITT V. NEWT: THE HEAD V. THE HEART! – DICK MORRIS TV: LUNCH ALERT!

By Dick Morris on December 15, 2011

Dear Friend,

In this video commentary, I discuss Mitt v. Newt. Though I am uncommitted between the two, I dispassionately analyze them, their strengths and their weaknesses. Tune in!

Click Here to give me your thoughts and continue the discussion.

This Dick Morris Lunch Alert! sponsored by Ultimate Results. Check out their practical advice – Go Here.

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Dick

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Please leave a comment below - I would love to hear what you think! Thanks, Dick
wt because they think him bellicose and unlikable (this opinion – fair or not – developed over the last 20+ years,) and no amount of talking issues and philosophy to them will dissuade them from refusing to vote for Newt under any circumstances. They may not vote for ‘bama again, but they won’t vote Republican either if Newt is the nominee – thus also hurting Republican Congressional candidates in the process.

I am, therefore, very frightened right now (whereas, before Newt’s surge, I was very confident for ’12) that Newt might be the nominee. If so, I fear that it will then be another ’64 – where Republicans will prefer to go down in defeat, guns blazing, with a “real Conservative” at the helm, rather than choosing a nominee who may be only 90% Conservative – but who can win.

If Mitt is the nominee there is an excellent chance that the election will be about ‘bama and his disastrous policies (no matter how hard the lamestream media tries to make it otherwise.) But if Newt is the nominee, the election will be all about Newt, 24/7, and ‘bama will then misrule America for another four years of disaster.

I fear the hard right of the Republican Party is on the cusp of snatching defeat from the jaws of electoral victory by nominating a man who (fairly or unfairly) is disliked by a majority of moderate/independent American voters – exactly the voters that are needed to send ‘bama to the ash heap of history.

The thought of this happening sickens me, for if ‘bama is allowed to get in for another four years, it will likely be the end of the strong, Capitalist America we have long known – especially if he can appoint another radical Socialist Justice to the Supreme Court, replacing Kenndy or one of the Conservatives now serving. If that happens, America will then be on its way to becoming Oceania.

  • Patriot2060 on December 15, 2011 5:09 pm

    Oh so you admit Romney lied. Well because it is about being a life long hunter. He stated this to make conservatives feel better about him not wanting to put more gun regulations and restricting gun ownership on american citizens. So in that regard he is no better then Hillary.

    Romney’s wildly lucrative business career continues to draw fire from opponents who seek to paint him as a heartless financier. So did Romney wreck companies as Gingrich says he did? Under Romney’s leadership at Bain, which spanned from 1997 to 1985 and from 1992 to 2000, at least five companies eventually filed for bankruptcy after being acquired by the private equity firm. In some of those cases, investors still made a profit as workers lost their jobs.
    Even more troubling to some, Bain arguably drove some companies to the ground by taking on more debt to give investors dividends earlier.

    Doesn’t sound like a businessman that comes from the heartland. Read for yourself and decide if you would have been the one who profited or the one who lost their job with Romney.

    The business of private equity depends on debt for its profitability. A company like Bain Capital raises money from big investors, such as pension funds or university endowments, to form a fund. The firm then goes looking for companies to acquire, using money from the fund, plus much more borrowed from lenders.
    The private equity firm holds onto the company until it can be sold for a profit, perhaps paying out shareholder dividends in the meantime. No matter what, the firm collects fees from investors. It’s not unusual for companies to go bankrupt after being acquired by private equity firms. But that track record has also made the industry controversial because the financiers can make money on fees and dividends even if the businesses they buy go bust.

    Evaluating Romney’s time at Bain depends on how you define success. He consistently delivered for investors, producing as much as 173 percent in annualized returns, according to a prospectus obtained by the Los Angeles Times. But the businesses under his firm’s care did not always fare as well — and their names are less well-known than the ones the Romney campaign prefers to tout, such as Domino’s Pizza, Sports Authority and Staples.

    In 1992, Bain bought American Pad & Paper for $5 million. The company turned a profit of $100 million for investors but later filed for bankruptcy in 2000. Layoffs at the company dogged Romney during his 1994 Senate race against Sen. Ted Kennedy, D-Mass., who ran political ads showing Ampad factory workers who had lost their jobs as Bain cut costs. The Romney campaign argued that those job cuts came when he was on leave from the firm.

    A year after the Ampad deal, Bain acquired steel firm GS Industries. In 2001, the company filed for bankruptcy.

    In yet another bad outcome, Bain bought the electronics company DDi, based in Anaheim, Calif., in 1997. Six years later, it declared bankruptcy. Another example: Stage Stores, which Bain bought in 1988 and later filed for bankruptcy in 2000.

    In the case of medical diagnostics firm Dade Behring, more than 1,000 jobs were cut as Bain and other investors tried to make the company more profitable through acquisitions and consolidation.
    Investors tried to extract money from the firm. In June 1999, Bain and its co-investor, Goldman Sachs, sold back shares worth $365.4 million to Dade, but to do this, the private equity firms had to borrow more money.

    With huge amounts of taxer payer money that Romney got through government subsidies allowed him to be more successful with some companies but ultimately he isn’t any better at finances then any other of his liberal buddy’s.

  • Patriot2060 on December 15, 2011 5:17 pm

    Romney’s healthcare verses Obama’s
    When then-Massachusetts governor Mitt Romney signed into law the nation’s most far-reaching state health care reform proposal, it was widely expected to be a centerpiece of his presidential campaign. In fact Governor Romney bragged that he would “steal” the traditionally Democratic issue of health care. “Issues which have long been the province of the Democratic Party to claim as their own will increasingly move to the Republican side of the aisle,” he told Bloomberg News Service shortly after signing the bill. He told other reporters that the biggest difference between his health care plan and Hillary Clinton’s was “mine got passed and hers didn’t.”

    Outside observers on both the Right and Left praised the program. Edmund Haislmaier of the Heritage Foundation hailed it as “one of the most promising strategies out there.” And Hillary Clinton adviser Stuart Altman said, ‘‘The Massachusetts plan could become a catalyst and a galvanizing event at the national level, and a catalyst for other states.”

    Before RomneyCare was enacted, estimates of the number of uninsured in Massachusetts ranged from 372,000 to 618,000. Under the new program, about 219,000 previously uninsured residents have signed up for insurance. Of these, 133,000 are receiving subsidized coverage, proving once again that people are all too happy to accept something “for free,” and let others pay the bill.

    The Massachusetts plan might not have achieved universal coverage, but it has cost taxpayers a great deal of money. Originally, the plan was projected to cost $1.8 billion this year. Now it is expected to exceed those estimates by $150 million. Over the next 10 years, projections suggest that Romney- Care will cost about $2 billion more than was budgeted. And the cost to Massachusetts taxpayers could be even higher because new federal rules could deprive the state of $100 million per year in Medicaid money that the state planned to use to help finance the program.

    Given that the state is already facing a projected budget deficit this year, the pressure to raise taxes, cut reimbursements to health care providers, or cap insurance premiums will likely be intense. Romney likes to brag that he accomplished his health care plan “without raising taxes.” Unless something turns around, that is not likely to be the case much longer.

    mperoni101 your right Romney didn’t raise taxes instead he destroyed the states ability to meet it’s obligations. Why doesn’t Romney go back to Mass. and fix the problems he created or is he not able too.

  • Abigail Adams on December 15, 2011 11:52 pm

    I will take heat and passion to cool and collected every time. Newt is experienced and is for America. Is he right all of the time? Of course not; is anybody? Newt is brilliant, and he is a thinker. It is essential that we choose a Conservative who is for the American people– the country class. We must lower taxes, get rid of useless and oppressive government regulation, and repeal Obamacare. I believe that Newt is our man.

  • steve.shoenbrun on December 19, 2011 6:46 am

    Heat and passion is great if you want to be a professor or party ideologue or even a close presidential advisor. But a president, especially in this era of terror and nuclear threats, has to be a cool-headed and competent manager of people. Of course he has to be on the ideological right side of the issues, but he has to be emotionally balanced and level-headed as well.