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2012’s First Presidential Debate: What Do We Deserve to Know?

Oct 2, 2012, 2:35 pm EDT
2012’s First Presidential Debate: What Do We Deserve to Know?

President Barack Obama arrives in Denver as the frontrunner for the first debate with Mitt Romney, set for Wednesday night. Obama has a slight lead in the polls nationally and an even larger lead in the swing states. Most Americans (54%) are expecting the president to win the first debate, vs. 28% expecting Romney to win.

No candidate wants the public to have high expectations for his performance. Simply put, it is much easier to exceed expectations if the expectations are low. (However, New Jersey Gov. Chris Christie did not get this memo.)

Fortunately for Obama, the first debate is supposed to focus on domestic policy. Mitt Romney recently has made headway undermining Obama’s foreign policy in the wake of the Libya disaster in which four Americans, including the ambassador, were killed in what appears to have been a well-planned terrorist attack. The Romney campaign has been seizing on the recent unrest in the Middle East as evidence of failed Obama policies. Read 

Obama or Romney: Who’s Best for Investors and the Economy?

Oct 2, 2012, 12:26 pm EDT
Obama or Romney: Who’s Best for Investors and the Economy?

America has roughly a month and change before the presidential election, and one thing’s for certain: Whoever is elected will save America.

Or ruin it.

Pretty much depends on whose side you’re on. Read 

Forget the Debate, Whose Wife Makes the Better Cookie?

Oct 2, 2012, 11:39 am EDT

Tomorrow marks the first of three presidential debates (as well as one vice-presidential debate) for the 2012 election season. And while it remains to be seen whether or not anything of substance is said during those debates, two people very near and dear to the president and his Republican challenger have already faced off — in a baking contest.

Since 1992, Family Circle magazine has held a cookie baking contest between the two wives of the major parties’ candidates for president. This year’s contest pitted First Lady Michelle Obama against Mitt Romney’s wife Ann.

This year, the contest, between Obama’s White and Dark Chocolate Chip Cookies and Romney’s M&M’s Cookies, was the closest ever. In the end, though, Obama edged out Romney by a 51.5%-48.5% margin. Just 287 votes separated the two. Over 9,000 magazine readers voted in the contest. Read 

Poll Predicts Winner in Key Swing State

Oct 1, 2012, 4:19 pm EDT

New polls are in, and they do not look good for Republican presidential candidate Mitt Romney.

According to a poll released yesterday by the Columbus Dispatch, Mitt Romney trails President Barack Obama in Ohio by 9%, 51% to 42%.

The Dispatch‘s polls echo results from other recently released polls that put Obama ahead by varying amounts — anywhere from 8% by theWashington Post to4% by Public Policy Polling to 7% by Fox News. Read 

How Wall St. Is Prepping for an Obama Victory

Oct 1, 2012, 11:34 am EDT
How Wall St. Is Prepping for an Obama Victory

As more and more polls tip further and further in Barack Obama’s favor, many on Wall Street are already starting to advise their clients about how to prepare for an Obama victory.

The biggest thing worrying investment firms and hedge funds isn’t the fact that Obama might raise taxes on the highest earners in the aftermath of his re-election. They’re more worried about the fiscal cliff.

If nothing is done by Congress, on January 1, $600 billion in painful across-the-board spending cuts and the expiration of Bush-era tax breaks could do some serious damage to an already ailing economy. Read 

Ross Perot Is Back and Endorsing … No One

Oct 1, 2012, 9:43 am EDT
Ross Perot Is Back and Endorsing … No One

Former third party candidate Ross Perot declined to endorse either Mitt Romney or Barack Obama in a recent interview given to promote his new autobiography.

The interview, which will run tonight on C-SPAN, was conducted by USA Today‘s Richard Wolf. Despite the fact that his family has given money almost exclusively to Republican candidates recently, Perot was not impressed with either candidates’ national debt strategies.

“We’re on the edge of the cliff, and we have got to start fixing it now. Otherwise, we’re leaving a disaster to our children’s and our grandchildren’s future.” Read 

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