- One of Cain’s sexual harassment accusers is asking the National Restaurant Association to waive their non-disclosure agreement so she can tell her story.
- The NRA payout was a year’s salary, another fact in conflict with the Cain’s account.
- He’s worried that China might be developing nuclear capability 47 years after the nation tested its first nuclear weapon.
- He’s still on top of national polls.
- Why MF Global matters.
- Mike Bloomberg thinks Congress created the mortgage crisis.
- Bank of America backs down on debit fees.
- More questions for Bernanke, but the Fed will likely stay the course.
- And Romney’s dream in Massachusetts was to be a hotdog vendor/construction worker:
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The Phony War: Obama and Romney Are Debating Character, Not Policy
More than five months from Election Day, the back-and-forth about Mitt Romney’s record at Bain already feels played out. Unfortunately, there’s good reason to expect the campaign continues in this vein indefinitely. Neither Barack Obama nor Mitt Romney are terribly interested in dwelling on policy platforms. Romney’s plan to slash spending and keep taxes low on the wealthy isn’t especially popular, at least not at any level of detail beyond a blithe promise to shrink the deficit. Meanwhile, Obama’s signature first-term achievements, like health care, the stimulus and Wall Street reform, are all unpopular or tricky to sell. (The Dodd-Frank bill is the most popular of these, but hyping it means offending wealthy donors.) So what we’re getting instead is a superficial duel about character–and, worse, one that’s based on the largely false premise that the better man can better “manage” the economy back to health.
