The Iowa Straw Poll says Romney is the man. I still think Ron Paul has a chance, as he was very close and he is positioning himself to actually win in Iowa when it counts.
From Business Insider:
Ron Paul may have officially come in third tonight, but if the campaign's caucus strategy went off as planned, then Paul may actually be the real winner of the first Republican voting contest.
That's because Paul's massive organizational push in Iowa focused on both winning votes, and also on making sure that Paul supporters stuck around after the vote to make sure they were selected as county delegates — the first step towards being elected as a delegate to the Republican National Convention.
That's because Iowa's Republican caucuses are non-binding — they are technically just a straw poll, so once selected, delegates are free to vote for whichever presidential candidate they choose.
"Part of what we've been training the Ron Paul people to do is not to leave after the vote," Dan Godzich, a senior campaign advisor, told BI. "Stay and get elected to the conventions and get us those delegates."
Godzich and Sydney Hay, another Paul advisor, crisscrossed Iowa in the weeks leading up to the caucuses, making sure precinct leaders knew what to do and organizing slates of delegates that would ensure Paul walked away with a strong majority, even if he lost the caucus' straw poll vote.
Read more: http://www.businessinsider.com/ron-paul-winner-iowa-caucuses-strategy-
201201#ixzz1iV09WTLT
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Greenspan says we are in for a "True Revolution"
The United States faces a "true revolution" in the choices it will have to make to secure its fiscal future now that the welfare state has run up against a "brick wall of economic reality", former Federal Reserve Chairman Alan Greenspan said on Wednesday.
In an opinion piece for the Financial Times, Greenspan argued that the political landscape in the United States was more divided than ever, resulting in political paralysis as the Tea Party’s influence had created "an effective veto of new legislation before the current heavily Republican House of Representatives".
The failure last year of the Super Committee — a congressional committee tasked with finding spending cuts to cut the United States’ ballooning budget deficit — to reach a deal underscores this shift in U.S. politics, Greenspan said.
"A political tsunami has emerged out of our past in the form of the Tea Party, with its ethos reminiscent of rugged individualism and self-reliance," Greenspan wrote.
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Here is Bill Gross' January Letter to Clients.
Towards The Paranormal
How many ways can you say “it’s different this time?” There’s “abnormal,” “subnormal,” “paranormal” and of course “new normal.” Mohamed El-Erian’s awakening phrase of several years past has virtually been adopted into the lexicon these days, but now it has an almost antiquated vapor to it that reflected calmer seas in 2011 as opposed to the possibility of a perfect storm in 2012. The New Normal as PIMCO and other economists would describe it was a world of muted western growth, high unemployment and relatively orderly delevering. Now we appear to be morphing into a world with much fatter tails, bordering on bimodal. It’s as if the Earth now has two moons instead of one and both are growing in size like a cancerous tumor that may threaten the financial tides, oceans and economic life as we have known it for the past half century. Welcome to 2012.
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For those of us who can't stand the thought of Barry in the White House for another 4 years, there is good news. The Mexican Grand Warlock predicts he will lose...
Mexico's Grand Warlock predicted US President Barack Obama would fail to win re-election and two more Latin American leaders would be diagnosed with cancer, in a traditional New Year's forecast Tuesday.
The Grand Warlock, or "Brujo Mayor" in Spanish, leads a Mexican tradition of "brujeria" or sorcery centered in the southeastern city of Catemaco.
The Grand Warlock, also known as Antonio Vazquez, said that Venezuelan President Hugo Chavez, who claims to have beaten an unspecified cancer, would have a "terrible relapse."
Argentina's President Cristina Kirchner, Brazilian President Dilma Rousseff, former Brazilian leader Luiz Inacio Lula da Silva and Paraguay's Fernando Lugo have been diagnosed with cancer in recent years.
Chavez suggested last month that the spate of cancer among leftist leaders could be a US plot.
Vazquez, who sports a long grey beard, put the cancer cases down to "witchcraft" against Latin American leaders, during a Mexico City news conference giving his 25th annual predictions.
Mexico's Institutional Revolutionary Party (PRI), which ruled for more than 70 years to 2000, would return to power with its candidate Enrique Pena Nieto winning the presidency in July, according to Vazquez, who bases his predictions on tarot card readings and observations of the stars.
Vazquez, who claims to have a 75-80 percent accuracy rate, last year said the euro would weaken and recession would return to developed economies but he also predicted, incorrectly, that a Latin American leader would be assassinated.
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Nothing going on here, no need to look. Can someone pass the toner?
While not news to Zero Hedge readers who knew about the final debt settlement of US debt about 10 days ahead of schedule, it is now official: according to the US Treasury, America has closed the books on 2011 with debt at an all time record $15,222,940,045,451.09. And, as was observed here first in all of the press, US debt to GDP is now officially over 100%, or 100.3% to be specific, a fact which the US government decided to delay exposing until the very end of the calendar year. We wonder, rhetorically, just how prominent of a talking point this historic event will be in any upcoming GOP primary debates. And yes, technically this number is greater than the debt ceiling but it excludes various accounting gimmicks. When accounting for those, the US has a debt ceiling buffer of... $14 billion, or one third the size of a typical bond auction.
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It looks like this cat has 7 lives left...
WEST VALLEY CITY, Utah (AP) -- A stray cat that survived two trips to a Utah animal shelter's gas chamber now has a new home.
Officials at West Valley City's animal shelter in Utah say the cat named Andrea hadn't been adopted for 30 days when shelter officials tried to put her to death in October. She survived, so they gassed her again.
Shelter officials detected no vital signs and presumed she was dead after the second try, so they put her in a plastic bag in a cooler. But when they checked the bag, they saw she had vomited on herself and had hypothermia but was alive.
The shelter then decided to stop trying to kill her.
"It was just one of those things where they thought this cat obviously really wants to live," West Valley City spokesman Aaron Crim told the Salt Lake Tribune
This is my personal blog. The views and opinions expressed here are only mine. This is my way of showing everyone the events and topics you won't see on CNBC or other Mainstream Media. Warning: If you are allergic to AWESOME, don't read this blog.
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