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Visit NBCNews.com for breaking news, world news, and news about the economy CEDAR RAPIDS, Iowa — Presidential elections start in Iowa. On Friday, Sen. Rand Paul put his stake in the ground for a possible run in 2016 by mocking the Obama administration and delivering a blistering critique of former Secretary of State Hillary Clinton’s handling of [...] The New York Times calls Sen. Rand Paul (Ky.) one of the Republican Party’s “rising stars.” The Daily Beast says he’s “a smoother, more pragmatic political operator” than his father, former congressman and presidential candidate Ron Paul (R-Tex.). All that seems true. So riddle me this: What’s the upside for Paul to put his name on e-mails like this one, which landed in my inbox this morning? It’s one thing for no-name pols to work [...] LOS ANGELES – A wildfire fanned by gusty Santa Ana winds raged along the fringes of Southern California communities on Thursday, forcing the evacuation of homes and a university while setting recreational vehicles ablaze. Don’t mind the headlines. Crippling sanctions, starving soldiers, and an antiquated, rickety military collectively push the idea of a concerted North Korean strike to the fringes of credibility. Planners in Washington envision a more insidious threat: the untimely collapse of Kim Jong-un’s government. Paul McLeary of Defense News posted today about a classified military wargame that played out the sudden collapse of North Korea and the immediate actions of the U.S. Military. McLeary writes: The Unified Quest war game conducted this [...] An under-reported development of this campaign season is the Republican Party’s decision this week to send Gov. Mitt Romney into the presidential race on a platform effectively calling for a new gold commission. The realization that America’s system of fiat money is part of its economic problem is moving from the fringes of political discussion to the center. This is a sharp contrast from the last time a gold commission was [...] From The Slog: You may have believed all that Brussels bollocks about the ECB’s eurozone bond buying programme being at an end. Well…it isn’t. After Portugal’s 10- year bonds fell to less than half their face value, I can reveal that SuperMario dived in to stop things turning into a rout. And if necessary, the Italian Stallion will do so again. Meanwhile, the banks described constantly by Brussels as ultra-safe stole a record [...] When back in August, Europe declared a short selling ban of any financials (here we are willing to channel Romney, and make a $10,000 bet with anyone that said ban will never be lifted), and which as we predicted has had no favorable impact on bank stocks which have since tumbled, we suggested that the next step will also be the final one: the passage of laws prohibiting sales of any kind. [...] Texas Gov. Rick Perry may be surging in polls of Republican primary voters, but his party’s Insiders aren’t convinced he’d be the best general election candidate. More than two-thirds of Republican Insiders say Mitt Romney has a better chance than Perry of defeating President Obama in 2012, according to this week’s National Journal Political Insiders Poll. Who has a better chance of beating President Obama in 2012, Mitt [...] |
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