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The Big Story, By Joe Conason Mitt Romney's convincing victory erased his earlier defeats and perhaps any serious obstacle to his nomination. The question that still troubles party leaders, however, is the damage he will sustain before returning to Tampa in September for their convention. Triumph could cost Romney much more than the million dollars or so that bought each point of his 47-32 margin over Gingrich. Already the former Speaker has shaped the plutocratic image of Romney now visible in national polls. Now a furious, wounded Gingrich could go still further -- demanding, for instance, that Romney release many more years of tax returns. But the electorate can also learn much about Romney from Ron Paul, if the Texan ever summons the courage to articulate their profound differences on war, national security, and defense spending. READ MORE | ||||||
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Featured Column: Gene Lyons To the extent that he ever believed much, if any, of his own soaring rhetoric about a transformative, post-partisan presidency during the 2008 campaign, President Obama would have to be judged a failure. Even after the election, his Inaugural Address called for "an end to the petty grievances and false promises, the recriminations and worn out dogmas that for far too long have strangled our politics." Was it really possible, I wondered, that Obama had mistaken the U.S. government for the Harvard Law Review, where the emollient balm of his personality persuaded rival factions to reason together? Did he actually believe that the political battles of the Clinton and Bush years could be laughed off as "the psychodrama of the Baby Boom generation," easily transcended by an Ivy League raisonneur like him? READ MORE | ||||||
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Featured Column: Michael Grabell One success the Obama administration can duly claim is the rebirth of the electric-car industry in the United States. Automakers have unveiled a number of mass-market electric cars, which have seen small but rising sales. Battery and parts manufacturers are building 30 factories, creating thousands of new jobs. If it weren't for the stimulus, the companies say, they would have built these plants overseas. READ MORE | ||||||
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Featured Column: David Cay Johnston Reuters emailed the Romney campaign spokeswoman to ask how much the Romneys paid in gift taxes on assets put into the sons' trust over the last 17 years. The spokeswoman, citing Brad Malt, the Romney family tax lawyer, answered: none. The idea that someone could pay zero gift taxes on contributions to a $100 million trust fund may surprise people who have heard arguments that the wealthy are overburdened by gift and estate taxes. But the Romneys' gift-tax avoidance strategy is perfectly legal. READ MORE | ||||||
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Super PACs Stephen Colbert triumphantly reclaimed his Super PAC from Jon Stewart -- who had been watching over it while he flirted with a run for president -- on Monday night. Just a few hours later, he released his financial disclosure to the FEC, showing over $1 million raised. Noteworthy contributors include former President Jimmy Carter, California Lt. Governor Gavin Newsom, and more. READ MORE | ||||||
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Law & Order Finally, an actual case of the election violations that supposedly worry right-wing pundits. Indiana's top elections official -- a Republican -- committed multiple counts of vote fraud to preserve his political clout and protect his finances, a special prosecutor said Tuesday during opening arguments of a trial that will determine whether Secretary of State Charlie White keeps his office and his freedom. READ MORE | ||||||
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