Polling Update


NATIONAL (Gallup Tracking): Romney 51% vs. Obama 45%
NATIONAL (Rasmussen Tracking): Romney 50% vs. Obama 46%
NATIONAL (American Research Group): Romney 49% vs. Obama 47%
NATIONAL (GWU/Politico): Romney 49% vs. Obama 47%
NATIONAL (Reuters Tracking): Obama 46% vs. Romney 46%
NATIONAL (Monmouth University): Romney 48% vs. Obama 45%
NATIONAL (NBC News/Wall Street Journal): Obama 47% vs. Romney 47%
NATIONAL (PPP Tracking): Obama 48% vs. Romney 48%
NATIONAL (ABC/Washington Post Tracking): Obama 49% vs. Romney 48%
NATIONAL (UPI): Romney 48% vs. Obama 47%
NATIONAL (CBS News): Obama 48% vs. Romney 46%
COLORADO (Rasmussen): Romney 50% vs. Obama 46%
FLORIDA (Angus Reid): Romney 51% vs. Obama 46%
FLORIDA (PPP): Romney 48% vs. Obama 47%
FLORIDA (SurveyUSA): Obama 47% vs. Romney 46%
IOWA (PPP): Obama 49% vs. Romney 48%
IOWA (Rasmussen): Obama 48% vs. Romney 48%
MISSOURI (PPP): Romney 52% vs. Obama 46%
NORTH DAKOTA (Rasmussen): Romney 54% vs. Obama 40%
NORTH DAKOTA (Fargo Forum): Romney 57% vs. Obama 32%
OHIO (Angus Reid): Obama 48% vs. Romney 48%
OHIO (Gravis): Obama 47% vs. Romney 47%
OHIO (PPP): Obama 49% vs. Romney 48%
OHIO (Pulse Opinion Research): Romney 47% vs. Obama 46%
OHIO (Suffolk University): Obama 47% vs. Romney 47%
PENNSYLVANIA (Pulse Opinion Research): Obama 48% vs. Romney 44%
PENNSYLVANIA (Gravis): Obama 48% vs. Romney 45%
VIRGINIA (PPP): Obama 49% vs. Romney 47%
VIRGINIA (Pulse Opinion Research): Obama 47% vs. Romney 46%
VIRGINIA (Wenzel Strategies): Romney 49% vs. Obama 47%
WISCONSIN (Grove Insight): Obama 47% vs. Romney 44%
WISCONSIN (Pulse Opinion Research): Obama 50% vs. Romney 47%

George McGovern’s Good Deed by Gregg Hilton


Former Sen. George McGovern (D-SD) died this morning. You are supposed to speak kindly of the departed, and McGovern did have an admirable record in World War II. However, during his 18 years in the Senate he represented the worst of the radical left, and always advocated unilateral disarmament.

He does deserve credit for admitting some of his mistakes. His Stratford Inn in Connecticut went bankrupt in 1991 primarily because of excessive government regulations.
McGovern said he understood why people did not like him, and wished he had run a business before he began legislating on things that affected them. He wrote: “After two and a half years with the loss of all my earnings from nearly a decade of post-Senate lecture tours, I gave up on the Stratford Inn. But not before learning some painful and valuable lessons.
“I learned first of all that over the past 20 years America has become the most litigious society in the world. Today Americans sue one another at the drop of a hat — almost on the spur of the moment.”
He said we need to “cut down vastly on the incredible paperwork, the complicated tax forms, the number of minute regulations, and the seemingly endless reporting requirements that afflict American business. Many businesses, especially small independents such as the Stratford Inn, simply can’t pass such costs on to their customers and remain competitive or profitable.
“If I were back in the U.S. Senate or in the White House, I would ask a lot of questions before I voted for any more burdens on the thousands of struggling businesses across the nation.”
Three years ago McGovern again broke with the left when he came out in opposition to the union card check legislation.

FLASHBACK: Laredo, Texas


FLASHBACK – Laredo, Texas in 1961: The city is unique for having the distinction of flying seven flags. They include the Six Flags of Texas plus the flag of the brief Republic of the Rio Grande (Laredo was its capital). In 1836, when Texas revolted, there were less than 2,000 citizens in Laredo.
The army of Mexican General Santa Ana marched through Laredo, the “gateway to Mexico,” on their way to the Alamo. Today the population is over 250,000.
From 1965 to 1967, NBC aired a western television series called Laredo, which was a spinoff of The Virginian. The song “The Streets of Laredo” has been recorded by Johnny Cash, Waylon Jennings and Roy Rogers.

State Representative Doreen Marie Costa: A Conservative Leader


Congratulations to State Rep. Doreen Costa (R-RI) who is on the front page of today’s Providence Journal for being one of the few lawmakers to have a perfect 100% attendance score. Also, Politifact’s “Truth-O-Meter” ranked her claim as “true,” when she said “This is the only state in the country that bypassed the General Assembly to authorize in-state tuition for undocumented and illegal immigrants.”
She is sponsoring legislation to repeal the decision, and says “There is a process that should have been followed but the Governor chose not to do it.” She says this is a decision for the legislature to make, not a board handpicked by the liberal Governor.
Rhode Island and Hawaii are the most Democratic states in the nation, but Costa has been able to gather support from 19 of the 38 state senators and 26 of the 75 state representatives to repeal the decision.
The policy has already been repealed in Wisconsin.

Our First Republican President


April 22nd 1865: The funeral procession for President Abraham Lincoln at Sixth and Chestnut streets in Philadelphia. The catafalque is followed by a crowd of mourners congesting the street and sidewalk. Soldiers are seen holding back the crowd. A recruitment poster advertising enlistment salaries for “Maj. Gen. Hancock’s Army Corps,” adorns a storefront.
Secretary of War Edwin Stanton was at Lincoln’s deathbed in the Petersen house at 7:22 am on April 15th when the doctor said “He is gone.” A minister said a prayer and Stanton was the first to reply, “Now he belongs to the ages,” and lamented “There lies the most perfect ruler of men the world has ever seen.”

Black Monday – 25th Anniversary


Today is the 25th anniversary of the stock market crash of 1987. The Dow fell 23% in one session and lost over $500 billion. It remains the largest one-day percentage-point drop ever.
Markets in nearly every country around the world plunged in a similar fashion. Many economists predicted we were heading for a second great depression. The losses continued through that week, and by the end of the month most markets had suffered huge falls.
It began in Hong Kong which dropped 41% by the end of the month. The Federal Reserve immediately intervened to prevent an even greater crisis. Short-term interest rates were instantly lowered and the markets recovered fairly quickly.
There was even a post-crash bull market driven by companies that bought back their stocks which they considered undervalued after the market meltdown.
There could be another crash, but it will not have the same driver as 1987. The derivatives which contributed to Black Monday no longer exist.
The prophets of doom were wrong in 1987 and the long-term turnaround was remarkable. A decade after Black Monday, Bill Clinton finally agreed to sign legislation passed by the GOP Congress to significantly cut capital gains rates. Along with the Reagan recovery, it ranks as the greatest economic expansion in American history.

RIP Newsweek 1933-2012.

This morning it was announced that Newsweek is ending its print version, and in 2013 will be all digital. After 80 years in print, the magazine will finally be off the newsstands. Its decline has been obvious, and we are not sorry to see them go.
Two years ago Tina Brown bought the magazine and made it a unit of her upstart online Daily Beast news service. The magazine changed from a streamlined format to a dumbed-down picture book, and despite this cover, its liberal bias was worse than ever.
Chris Harper says “As a former Newsweek reporter when it was a good magazine, I wish Tina Brown and Barry Diller would simply move on without the Newsweek brand.”