Caffeinated Thoughts

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• 2012 Presidential GOP Primary: Ready for the Big Splash?
• Cato: Five Rules for Going to War
• President Obama’s Call to Cut Oil Imports
• DeMar DeRozan’s “Show Stopper” in the 2011 NBA Slam Dunk Contest

2012 Presidential GOP Primary: Ready for the Big Splash? Posted: 30 Mar 2011 04:10 PM PDT Many potential Republican candidates have been testing the water over the last year, but it appears as though they may all jump into the pool at once. Although we have seen several candidates repeatedly push back their time-lines, it appears that late April may be the “all in” time frame for many of them. A summary of where we stand now: Top Tier Candidates[1]: Mike Huckabee: Former (2.5 term) Governor of Arkansas (96-07) Mitt Romeny: Former (1 term) Governor of Massachusetts (03-07) Sarah Palin: Former (half term) Governor of Alaska (06-09) and 2008 Vice Presidential nominee, television reality star. Newt Gingrich: Former (10 term) Georgia Congressman (79-99) and Former Speaker of the House (95-99) Ron Paul[2]: Current (11 term) Texas Congressman (76-77, 78-85, 97-current) Second Tier Candidates: Tim Pawlenty: Former (2 term) Governor of Minnesota (03-11) Michele Bachmann: Current (3 term) Minnesota Congresswoman (07-current) Mitch Daniels: Current (2nd term) Governor of Indiana (05-current) Rick Santorum: Former (2 term) Pennsylvania Senator (95-07) Haley Barbour: Current (2 term) Governor of Mississippi (04-current) Jon Huntsman: Current Ambassador to China under Obama (09-current), Former (1 term) Governor of Utah (05-09) Gary Johnson: Former (2 term) Governor of New Mexico (95-03) Herman Cain: Radio Talk Show host, Former CEO/Chairman of Godfather’s Pizza, former chairman of the Federal Reserve Bank of Kansas City Buddy Roemer: Former (1 term) Governor of Louisiana (88-92) Roy Moore: Former Chief Justice of Alabama Supreme Court (01-03) John Bolton: Former Ambassodor to UN Rand Paul: Current(1st term)  Kentucky Senator (11-current) Donald Trump [3]: Businessman and television reality star. Fred Karger: gay rights advocate and political consultant for 9 republican presidential campaigns including Reagan, Ford and HW Bush. Bold: has filed official paperwork with FEC and is a declared candidate Italics: Has formed exploratory committee. Wow, that is 19 potential candidates (really 18 since Rand and Ron won’t both run).  If you thought 2008 was a crowded field with 11 candidates at it’s peak, this year could be even more crowded. By this time in 2007 10 of the 11 candidates had declared their intention to run, Fred Thompson being the odd man out, not forming an exploratory committee until June 1.  At this point only Fred Karger has filed official FEC paper work, while 4 others have formed exploratory committees. With several mainstream debates right around the corner in early May, candidates may start feeling the pressure to become more committed to their run.  Here is a rundown of planned debates: May 2, 2011 – Simi Valley, California. NBC, Politico, Ronald Reagan Library May 5, 2011 – Greenville, South Carolina. Fox News, South Carolina GOP June 7, 2011 – Manchester, New Hampshire. CNN, WMUR-TV, New Hampshire Union Leader August 11, 2011 – An Iowa debate, hosted by the Iowa Republican Party and FOX News. So what are candidate’s latest timelines (in order of announcement or rumored announcement)? Newt Gingrich, Tim Pawlenty, Herman Cain, Buddy Roemer, and Fred Karger are already in. Mitt Romney laid out his plans to rich donors at Manhattan's venerated Harvard Club which include announcing a committee in early April.  He also plans to have $50 million raised by the April 15th filing deadline, in an effort to tell any potiential candidates that are on the fence “maybe next time, I’m buying 2012″.  It is unclear how close to that goal he already is, but at the end of 2010 hea had 1.4Million cash on hand in his PACs. Roy Moore has “announced his announcement“: he will anounce the formation of an exploritory committee middle of April Gary Johnson’s aid has “announced his announcement” : he will be skipping an expolritory committee and officially filing with FEC as a candidate in late April (likely 21st). Haley Barbour plans to make his decision by the end of April. Mike Huckabee has said he will decide this summer. Note, summer officially starts June 21st, if that is the case, that would put his timeline later than Fed Thompson in 2008.  But in fairness, everyone is getting a later start this year, so a June decision may not be as devistating for Huckabee as it was for indecicive Fred, and Huckabee already has a fairly strong fanbase in Iowa, which he won in 2008.  The question becomes, how many of those supporters will throw their support behind some of the more early announcers, once committeed, it can be difficult to woo supporters. Michele Bachmann also has early June for her timeline, but leaves open the possibility of announcing earlier.  She was recently in Iowa speaking at a Steve King conservative conference where she said “Are you in for taking our country back in 2012? I’m in, You’re in“, sounding much like an pseudo-announcement, which I’m sure it was suposed to. Donald Trump has indicated that he would make an announcement by June, and plans to make his first visit to first in the nation caucus state Iowa on June 10th for the GOP’s Lincoln dinner. Jon Huntsman: has increased his PAC staff and is anticipated to announce campaign staff in key states.  His brother has also said he will be running for president, but maybe not in 2012. Sarah Palin was rumored to be making an announcement this friday (April 1st), but turns out it was just an April Fools joke.  When asked for her current timeline, she says she is in no rush. Rand Paul says either he or his father Ron Paul will be running, but no official announcement of which it will be or when an announcement will be made. Ron Paul has not yet made any announcements of pending announcements but is calling himself a major potential presidential candidate. Rick Santorum has not yet indicated a timeline recently, but was suspended from Fox News with Gingrich because they were showing interest in a 2012 run. John Bolton has not indicated a timeline recently and seems to have fallen off many people’s radar.  He along with Palin and Huckabee are also a Fox News contributers and was not suspended with Gingrich and Santorum, which may be telling of their intentions. Mitch Daniels has not indicated a timeline recently and also seems to have fallen off many people’s radar. My feeling is that announcements will come in farily rapid succession over the comming month.  All in all, looks like we may be in for a busy April. [1]Although too early for polls to mean a whole lot, this is based on an average of many polls which should give slightly more validity than any individual poll. [2]The line between top tier and second tier is a bit arbitrary, but there is a clear drop off between Gingrich and those listed as second tier above, with Ron Paul falling about midway between the two levels.  I will fully admit that my bias plays into placing him with the top tier rather than the lower tier. [3] Donald Trump is someone who is difficult to place on a list like this, he has not been included on many polls.  Of those polls that have included Trump, some have placed him in the top tier and others have placed him in the lower tier.  There is also wide speculation that he is flerting with a run simply for plublicity for his TV reality show. Share and Enjoy:

Cato: Five Rules for Going to War Posted: 30 Mar 2011 06:30 AM PDT The Weinberger-Powell Doctrine served the United States well as a set of principles to guide the careful use of the military. Christopher A. Preble, director of foreign policy studies at the Cato Institute, argues that President Obama’s incursion into Libya means that this doctrine is officially dead. Share and Enjoy:

President Obama’s Call to Cut Oil Imports Posted: 30 Mar 2011 06:15 AM PDT The Washington Post reports this morning that President Barack Obama in a speech today will call for one-third cut in oil imports by 2020 as a way to become less dependent on foreign oil. He said in order to do this he will: He'll propose the wider use of natural gas and will offer incentives for its use with fleet vehicles. He will push for greater production of biofuels and will vow to establish four refineries for producing such fuels in two years. He'll push for higher fuel efficiency standards for heavy trucks like he did with passenger vehicles. The article notes that Obama will "urge oil companies to make greater use of the federal leases both onshore and offshore to prop up domestic oil output." While I laud the goal as a worthy one, I have some questions and concerns. Will he back drilling in ANWR where there is a huge natural gas reserve? Shouldn't we be looking for a free market approach rather than one the government drives?  Wouldn't that make this effort sustainable?  How much would ethanol really be used for instance without the subsidies behind it?  Fuel efficient cars and trucks are great, but they are also expensive.  How much of a market demand is there for those?  Will they be open to offshore drilling on the East Coast?  The U.S. Interior Department reports that over half of the current leases are idle, but they don't seem to take into consideration the preparation required before they can go online.  He also set back offshore drilling when he authorized a moratorium in the Gulf the industry took a big hit. I just don't believe the President is willing to do what it takes to reach his goal. Share and Enjoy:

DeMar DeRozan’s “Show Stopper” in the 2011 NBA Slam Dunk Contest Posted: 28 Mar 2011 02:30 PM PDT As March Madness is coming to its climax and the NBA Playoffs just around the corner, I thought I would share one of the best dunks ever performed in a NBA Slam Dunk Contest in this author’s opinion. He called it the “Show Stopper.” This dunk combines Vince Carter’s creativity and Michael Jordan’s finesse. It was an absolute travesty that DeRozan did not make it to the second round. You were my winner DeMar! Share and Enjoy:

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