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Friday, Feb 6, 2009 5:05 PM UTC2009-02-06T17:05:00Zl, M j, Y g:i A T

GOP quietly opposing executive pay limits

They're not rushing out to talk about it, but elected Republicans say they're against limiting compensation as a condition of bank bailouts.

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It’s not exactly great politics these days to say you favor Wall Street executives getting paid more, not less.

Still, given the GOP’s usual public stance on economic matters and government interference, it was a little surprising not to see them put up any fight whatsoever about President Obama’s decision to restrict the pay of executives at banks that have received TARP funding. They even let the amendments that added the proposal to the stimulus package pass by a voice vote.

And they’re still not rushing out to oppose the idea. But, as the Huffington Post’s Ryan Grim reported after going down to Capitol Hill and asking individual Republican members of Congress, there’s still plenty of hesitation over the plan in the GOP.

“What executives have done is troubling, but it’s equally troubling to have government telling shareholders how much they can pay the executives,” Florida Sen. Mel Martinez told Grim.

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Alex Koppelman is a staff writer for Salon.  More Alex Koppelman

Tuesday, Feb 21, 2012 4:19 PM UTC2012-02-21T16:19:00Zl, M j, Y g:i A T

The problem with too much red meat

By doubling down on culture war politics, Rick Santorum may be doing Mitt Romney a big favor

Rick Santorum

Rick Santorum  (Credit: Reuters/Brian Losness)

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When he unexpectedly emerged as Mitt Romney’s chief foe, Rick Santorum posed a unique challenge for the former Massachusetts governor, who had previously deflected one conservative insurgency after another.

Unlike Rick Perry, Herman Cain and Newt Gingrich, Santorum appeared to be an essentially competent candidate — no immediately disqualifying personal or ethical baggage, issue positions that put him in line with the party base, and solid communication skills. And Romney, because of the suspicion with which conservatives regard his own ideological credentials, was hardly in a position to make the most logical argument against Santorum: that his history of addressing hot-button social issues in indelicate ways would make him a ripe target for Democrats in the fall.

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Steve Kornacki

Steve Kornacki writes about politics for Salon. Reach him by email at SKornacki@salon.com and follow him on Twitter @SteveKornacki  More Steve Kornacki

Friday, Feb 17, 2012 6:10 PM UTC2012-02-17T18:10:00Zl, M j, Y g:i A T

Who is Newt’s sugar daddy really helping?

Sheldon Adelson will apparently plunk down another $10 million for the pro-Gingrich super PAC

Newt Gingrich

Republican presidential candidate, former House Speaker Newt Gingrich  (Credit: AP)

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CNN is reporting that Sheldon Adelson, the Las Vegas casino magnate who in the past decade has lavished $17 million on various Newt Gingrich political groups, will cut a $10 million check for Winning Our Future, the super PAC that’s aligned with the former Speaker, by the end of this month.

But the main beneficiary of his largesse will probably be a candidate other than Gingrich: Mitt Romney

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Steve Kornacki

Steve Kornacki writes about politics for Salon. Reach him by email at SKornacki@salon.com and follow him on Twitter @SteveKornacki  More Steve Kornacki

Thursday, Feb 16, 2012 8:44 PM UTC2012-02-16T20:44:00Zl, M j, Y g:i A T

Now Mitt’s refusing to debate

The calculation – and risk – behind his apparent decision to boycott the final pre-Super Tuesday debate

Mitt Romney

Republican presidential candidate, former Massachusetts Gov. Mitt Romney  (Credit: AP)

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(Updated)

Word is now breaking that Mitt Romney has decided not to participate in a long-scheduled debate on March 1, just days before the critical Super Tuesday primaries. Romney’s campaign has yet to confirm the news, but a spokesman for the Georgia Republican Party — which along with CNN is sponsoring the debate — is saying that “word was passed along to CNN this morning” by the campaign, while CBS News and National Journal report that Romney is blaming a scheduling conflict.

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Steve Kornacki

Steve Kornacki writes about politics for Salon. Reach him by email at SKornacki@salon.com and follow him on Twitter @SteveKornacki  More Steve Kornacki

Thursday, Feb 16, 2012 5:26 PM UTC2012-02-16T17:26:00Zl, M j, Y g:i A T

Mitt’s ticking Maine time bomb?

One tiny Down East county could cause some serious trouble this weekend

Mitt Romney

Republican presidential candidate, former Massachusetts Gov. Mitt Romney  (Credit: AP)

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The timing couldn’t have been worse for Mitt Romney when the Iowa Republican Party retracted its declaration that he’d won the state’s caucuses and instead awarded the win to Rick Santorum on Jan. 19. The reversal came just two days before the South Carolina primary, as Romney’s once commanding lead in the state was melting away and Newt Gingrich was overtaking him in the polls. The news, which nullified Romney’s impressive-sounding distinction as the only modern GOP candidate to win both Iowa and New Hampshire, meshed perfectly with the idea that he was melting down (even if it did nothing immediate to boost Santorum).

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Steve Kornacki

Steve Kornacki writes about politics for Salon. Reach him by email at SKornacki@salon.com and follow him on Twitter @SteveKornacki  More Steve Kornacki

Wednesday, Feb 15, 2012 5:50 PM UTC2012-02-15T17:50:00Zl, M j, Y g:i A T

The anti-Santorum onslaught begins

Will he be any more capable of fending off Mitt’s attacks than Newt was?

VIDEO
santorummud

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We’ve known it was coming from the moment Rick Santorum scored his surprise three-state sweep last week, and now it’s here: The first anti-Santorum attack ad from Restore Our Future, the Mitt Romney-aligned super PAC:

The spot is apparently running in Michigan (where the latest polls all show Santorum ahead of Romney), Ohio (where a poll today puts Santorum ahead by seven points), and Arizona (where Romney seems to be in better shape). Presumably, the number of attacks ads like this and the frequency with which they air in these states will increase in the days ahead.

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Steve Kornacki

Steve Kornacki writes about politics for Salon. Reach him by email at SKornacki@salon.com and follow him on Twitter @SteveKornacki  More Steve Kornacki

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