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How Ron Paul used racist newsletters to wipe out debts, get rich

Texas Congressman Ron Paul left the House of Representatives at the end of 1984 deeply in debt, owing $765,000 to various creditors, some of whom threatened to take him to court. His ill-fated and unsuccessful run for the Senate in 1984 didn’t help his precarious financial situation.  He needed to make money and make it fast. So with the help of his former chief of staff, Lew Rockwell, Paul hit upon a quick money-making scheme:  A series of racially-provocative newsletters published under his name. Paul wrote the economic themes of the newsletters, capitalizing on fear of government, hatred of the
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Romney retakes lead in latest Florida polls

Former Massachusetts Gov. Mitt Romney, coming off a strong debate performance that left challenger Newt Gingrich off balance and muttering to himself, is up 9-10 points in two new polls of Republican voters for Tuesday’s crucial Florida primary. A Quinnipiac University Poll gives Romney a 1o point edge — 38 to 28 percent — over the former Speaker of the House while Voter Survey Service for Sunshine State News shows Romney at 40 percent with Gingrich at 31. Backbenchers Rick Santorum and Ron Paul both lag far behind.  Santorum, admitting he’s tired and almost out of campaign funds, headed home
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Romney, Gingrich square off in second Florida debate

GOP Presidential frontrunners Mitt Romney and Newt Gingrich sparred with each other in the second pre-Florida primary debate Thursday night with disputes over immigration, housing and their personal finances. Romney showed his anger openly when he chastised Gingrich for a Spanish language radio ad that called the former Massachusetts governor anti-immigrant. “The idea that I am anti-immigrant is repulsive. You should apologize,” Romney told Gingrich. The former speaker of the house, under fire from within GOP circles for the tone of the ad, pulled it. Romney went after Gingrich for his fat-cat consulting deal with housing giants Fannie Mae and
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Gingrich sugar daddy under investigation for corrupt practices

A casino mogul, under investigation for violations of the Foreign Corrupt Practices Act, is the largest single contributor to the Presidential hopes of former Speaker of the House Newt Gingrich and the one keeping the campaign afloat. Sheldon Adelson calls himself “the richest Jew in the world” and he used those riches to help Gingrich rise from the political ashes to become a frontrunner for the GOP Presidential nomination. Adelson, owner of Las Vegas Sands Corp., and his wife Miriam, have pumped more than $10 million into a shadow political action committee backing Gingrich, federal campaign disclosure records reveal. Campaign
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Obama’s State of the Disunion

President Barack Obama rewrote history in real time Tuesday night, telling the nation that most, if not all, the problems this country faces were inherited and everything would be OK if only the other side would always let him do things his way. Blaming a nation in chaos entirely on the Republican party, Obama’s State of the Union address was more political stump speech than a factual report on a nation divided by political strife, hobbled by weak leadership and stymied by a system that no longer works. Capitol Hill Blue asked a panel of speech watchers to pick the
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Romney’s tax bill: $6.2 million for two years

Former Massachusetts Gov. Mitt Romney, a millionaire several times over, paid 13.9 percent of his income in taxes last year and expects to shell out 15.4 percent this year. That comes to a total of $6.2 million in taxes on a two-year income of $42.5 million. Tax records released by the Romney campaign today show most of his income comes from capital gains, which is taxed at a lower rate than a salary.  The top income rate for capital gains is 15 percent while average wage earners pay 35 percent. Romney reluctantly and belatedly released the tax information after losing
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Romney goes after Gingrich

Wounded GOP presidential contender Mitt Romney went on the attack in the latest Republican debate Friday night, calling former Speaker of the House Newt Gingrich an influence peddler who resigned from Congress in disgrace after his peers censured him and forced him to pay a $300,000 fine for ethics violations. Gingrich, surprisingly muted while under attack, attempted to deflect the charges but appeared unusually ill at ease during the assault. “The Speaker was given the opportunity to be the leader of our party in 1994, and the end of our years, he had to resign in disgrace,” Romney told the
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Stopping Gingrich is job one

Republican presidential contender Mitt Romney went on the attack against former speaker of the house Newt Gingrich Sunday, telling a Florida rally that the man who beat him in South Carolina was a failure as speaker and left Congress in disgrace. Said Romney: I don’t know if you actually knew that. He resigned after four years in disgrace. He was investigated under an ethics panel and had to make a payment associated with that and then his fellow Republicans, 88 percent of Republicans voted to reprimand Speaker Gingrich. He has not had a record of successful leadership. Romney continued: Over
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Giffords leaving Congress

Arizona Democratic Congresswoman Gabrielle Giffords, shot in the head in Tucson last year, is leaving Congress to concentrate full time on recovering from her injuries. “I have more work to do on my recovery, so to do what is best for Arizona I will step down this week,” Giffords posted simultaneously on Facebook, Twitter and YouTube. She added: I’m getting better. Every day my spirit is high. I will return and we will work together for Arizona and this great country. Thank you very much. Giffords went down in a hail of bullets that left six dead and 12 wounded
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What now for Republicans?

Former Speaker of the House Newt Gingrich‘s thumping of pre-determined frontrunner Mitt Romney in South Carolina’s GOP primary Saturday has party leaders expressing concerns in conference calls and huddling to figure out how to salvage what has become a disaster in the party’s efforts to find a credible candidate to challenge President Barack Obama. With three different winners in the season’s first three primaries, leaders of the party that can’t seem to agree on a candidate can agree that the last person they want at the top of the GOP ticket is a scandal-scarred, morally-challenged Gingrich. “This is a disaster,
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