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Right Turn
Posted at 07:45 AM ET, 06/21/2012

Morning Bits

Being biased means never having to say you are sorry. “The media-wide obsession with video editing misplaces the unfairness visited upon the Romney people. The harm to the campaign wasn’t driven so much by MSNBC’s selective excerpting as it was by [Andrea] Mitchell’s introduction, which stated outright that the tape adds another exhibit to the docket for Romney as aloof rich guy. As explained here, expressing astonishment at the progress of Wawa in sandwich-ordering technology doesn’t signal out-of-touchness: Wawa is at the forefront of this industry — easily among the top 1 percent of convenience marts in the sando-kiosk category. Perhaps if Mitchell had been as familiar with Wawa’s offerings as she expected Romney to be, she wouldn’t have chided him for his enthusiasm. Those who don’t get Wawa are bound to make big mistakes in journalism, ones that entail red-faced mea culpas.”

Being smart, just like Right Turn suggested, means staying far away. “U.S. Rep. Mark Critz said on Tuesday he will skip the Democratic National Convention in favor of campaigning in Pennsylvania, much like top elected Democrats in neighboring West Virginia who are disgruntled with President Obama.”

Being Obama means ignoring Congress. House Republican leadership responds. “Despite being given multiple opportunities to provide the documents necessary for Congress’ investigation into Fast and Furious, Attorney General Holder continues to stonewall. Today, the Administration took the extraordinary step of exerting executive privilege over documents that the Attorney General had already agreed to provide to Congress. Fast and Furious was a reckless operation that led to the death of an American border agent, and the American people deserve to know the facts to ensure that nothing like this ever happens again. While we had hoped it would not come to this, unless the Attorney General reevaluates his choice and supplies the promised documents, the House will vote to hold him in contempt next week. If, however, Attorney General Holder produces these documents prior to the scheduled vote, we will give the Oversight Committee an opportunity to review in hopes of resolving this issue.”

Being realistic means lowering the forecasts: “So the best case forecast is 2.4% growth and 8.0% unemployment. Given what we’ve seen so far — and what’s happening in Europe — 1.9% GDP growth and 8.2% unemployment seems more likely. . . . Fed chairman Ben Bernanke admitted the Fed has continually been overly optimistic in its economic forecasts.”

Being the incumbent means the news is almost always stinks. “The Fed’s outlook on hiring also dimmed. It now sees the unemployment rate this year as coming in between 8.0% to 8.2%, from April’s projection of 7.8% to 8.0%. Next year the Fed sees the unemployment rate coming in between 7.5% to 8.0%, compared with April’s projection of 7.3% to 7.7%. The Fed’s 2014 unemployment forecast is 7.0% to 7.7%.”

Being Politico means scooping out speculative conventional wisdom. “Tim Pawlenty has jumped to the top of the vice presidential shortlist of several Mitt Romney advisers after emerging as the most effective — and well-liked — surrogate for the GOP nominee-to-be, according to several Republicans familiar with campaign deliberations.” Notice how none of these sorts of people will make the VP decision or likely even know what’s going on?

Being the president means not worrying about campaign promises. “Romney Press Secretary Andrea Saul attacked President Barack Obama’s decision to invoke executive privilege on documents pertaining to the Fast and Furious scandal requested by the House Committee on Oversight and Government Reform. ‘President Obama’s pledge to run the most open and transparent administration in history has turned out to be just another broken promise,’ she said in a statement to BuzzFeed.” I think he also promised to uphold the Constitution. Oh well, that was then.

Being in business means the regulatory environment is stifling. “Boeing CEO Jim McNerney on Wednesday said U.S. companies face more regulatory barriers to growth than at any time in his long career as a businessman. The 62-year-old McNerney, also chairman of the Business Roundtable, said regulatory agencies have crafted a host of new rules and enforced them more aggressively than prior administrations. He said regulators often take a hostile approach to business and that the prevailing attitude is companies ‘are guilty until proven innocent.’”

By  |  07:45 AM ET, 06/21/2012

Categories:  Morning Bits

 
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