Bob Schieffer: A source told me Mitt Romney might run again if Jeb Bush doesn’t

posted at 4:01 pm on April 28, 2014 by Allahpundit

Well, at least Ann Coulter will be happy.

Second Third look at Mitt Romney?

Mitt Romney has said time and time again that he has no interest in running for president a third time.

But, on Sunday morning, CBS’ Bob Schieffer said not to write off the idea of a 2016 campaign by Romney so quickly.

“I have a source that told me that if Jeb Bush decides not to run, that Mitt Romney may actually try it again,” Schieffer said…

Several major Romney donors told The Washington Post earlier this year that Bush would be their preferred Republican candidate in 2016.

Serious (well, not too serious) question: Where’s Romney right now on the 2016 RINO depth chart? Jeb is the first-stringer but there’s a legit chance that he doesn’t run, whether because he doesn’t want the aggravation of climbing a mountain with the Bush ball-and-chain around his ankle or because his wife simply refuses to allow it. Christie’s the second-stringer but a Bridgegate smoking gun could emerge to finish him off. And even if it doesn’t, he might blow up on the launch pad. Between his ideological heresies and the possibility that his persona simply doesn’t wear well outside New Jersey, he might now win a single primary even with establishment money behind him. Could be that some significant number of Republican donors will conclude that he’s a lost cause and pass on him.

That leaves us at third-string. I think that’s Rubio, but there’s a chance that he won’t run either. If he looks at 2016 and concludes that he has no chance of winning the general election, whether because Hillary’s too formidable or because he hasn’t rehabbed sufficiently on immigration yet, he might decide to pass. Remember, if he runs for president, he can’t run for Senate again in Florida. He’d be gambling his political future if he took the plunge. If he’s also out, then who’s the fourth-stringer? I’d say Scott Walker (or maybe Walker’s third-string and Rubio’s fourth-string), but of course he’s facing reelection in Wisconsin this year. If something happens to trip him up, whether scandal-related or otherwise, and he loses the race for governor, then he’s done too.

Which leaves us at the establishment fifth-string. Who’s that? Jindal? I think the donor class would be nervous about riding into battle with him against tea-party heroes as formidable as Paul or Cruz. They want a known quantity whom they can trust to consolidate “somewhat conservative” voters behind him and raise the boatloads of cash needed to squash the tea-party champion in key states. At some point, out of sheer desperation, they would approach Romney and beg him to save them from the CruzPaulpocalypse, whatever it might mean for the general election. What I’m asking is, how far down the chain do you need to go to get to the guy who lost, fairly badly, two years ago? Is he above or below Mitch Daniels? John Thune? Others?


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Romney’s ten times the conservative that Jeb is and he’s one of the most decent honest men to ever run for the office.

Alberta_Patriot on April 28, 2014 at 5:55 PM

How did he win in Mass? Same place that elected Ted Kennedy?

People who are paying attention will never mistake Romney for a conservative.

Bigbullets on April 28, 2014 at 10:39 PM

NO MORE ROMNEY!

Bigbullets on April 28, 2014 at 10:45 PM

Is there a rule against multiple posts?

I’d like to fill up the comments to send a message to Romney.

Just because you can run for President, doesn’t mean you should.

Bigbullets on April 28, 2014 at 10:46 PM

Romney’s ten times the conservative that Jeb is and he’s one of the most decent honest men to ever run for the office.

Alberta_Patriot on April 28, 2014 at 5:55 PM

Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha

Get real!

Romney is one of the most despicable cretins on the face of the earth.

Jayrae on April 28, 2014 at 11:15 PM

*clears throat*

NOOOOOOOOOOOOOOOO!

alchemist19 on April 28, 2014 at 11:16 PM

We’ve entered the Twilight Zone in America. Romney again? Amnesty? Get me out of here.

rrpjr on April 28, 2014 at 11:26 PM

Hell no.

Theophile on April 28, 2014 at 11:55 PM

I would enthusiastically support Scott Walker and I would gladly get my butt up and go vote for Bobby Jindal, Rand Paul, Ted Cruz or Marco Rubio. I would even vote for Mitt. If Jeb get’s the nomination, I won’t waste my time. Instead, I’ll take whatever odds are given and bet on his opponent and then take my winnings and get them out os US$

sixchickensleft on April 29, 2014 at 12:29 AM

And you thought the conservative turn out was poor in 2012?

rrpjr on April 29, 2014 at 12:33 AM

Does anyone think John McCain is a conservative?

Mitt Romney, while not a right wing hero, seemed willing to embrace a more conservative stance than he had as a governor. Certainly, he was no worse than John McCain and without a doubt a better choice than Obama.

Now consider this. If as many people who voted for McCain in 2008 came out and voted for Mitt in 2012, Barry would be unemployed right now.

sixchickensleft on April 29, 2014 at 12:35 AM

sixchickensleft on April 29, 2014 at 12:35 AM

I would suggest that the Republicans stop insulting their base and then that won’t be a problem.

Cindy Munford on April 29, 2014 at 1:20 AM

And here I thought running Jeb Bush for president was a bad idea.

There Goes the Neighborhood on April 29, 2014 at 1:32 AM

There Goes the Neighborhood on April 29, 2014 at 1:32 AM

And you would be right. I don’t think there is a lack of bad ideas.

Cindy Munford on April 29, 2014 at 1:33 AM

If the mittens fit…
Romney! Forever!

Gymistokles on April 29, 2014 at 2:21 AM

That’s what we need – Mitt (That’s the House, I’m running for the Senate) Romney showing us all how NOT to do it once again.

jaydee_007 on April 29, 2014 at 2:41 AM

_____________________________________________________

Mitt Romney • Being Successful in America

_____________________________________________________

Gov. Mitt Romney: In this country

we want someone who can

help other people become successful.

……………………………………………………

“The economy is what I do, it’s what I know, it’s what I’ve done,”

Romney said. I’ve actually done it –

started businesses, run businesses. I know how to do it.”

……………………………………………………

I’ve been extraordinarily successful and

I want to use that success and

that know-how to help the American people.

……………………………………………………

Romney’s private-sector success is also

critical to his appeal. He understands

how businesses and investors make decisions.

_____________________________________________________

Two of Mitt Romney’s MENTORS:

_____________________________________________________

I must plan things to a standard of excellence

if I want to succeed.

The greater the challenge, the higher the standard must be.

_____________________________________________________

TO REACH MY POTENTIAL

will require work and displine.

It will require

a deliberate and determined effort at self-improvement.

It will require

the setting of high goals and

a consistent effert to achieve them.

And underlying all these, it will require

Purity, Clarity, and Precision in Thought.

_____________________________________________________

Global HAWK on April 29, 2014 at 2:52 AM

__________________________________________

Ascendant Mitt Romney

__________________________________________

Today America need leadership attuned to

the revitalization of USA companies and opportunities.

.

Back in the 1980s, Bain Capital under Mitt Romney was

a spearhead of a massive national movement of

corporate restructuring. The high tax rates of the

inflationary 1970s had forced a deadening siege of

conglomeration and corporate bloat and resulted in a

catastrophic 60 percent decline in the real value of corporate equity.

.

This was the era of palatial new Corporate headquarters, jet fleets,

and lavish entertainment budgets all serving incoherent jumbles of

unrelated companies that had equity worth less than the sum of their parts.

.

Corporations often had either to splurge or merge

to avoid a suffocating confiscation of profits through

the interplay of inflation with exalted tax gouges, which

could rise to effective rates above 100 percent of real returns.

.

Conglomerates artfully combined companies nursing losses

with companies harvesting profits,

thereby muting the impact of the deadly tax regime.

___________________________________________

But Ronald Reagan’s counter-inflationary supply-side tax policies,

coupled with Paul Volcker’s monetary contraction,

made these morbid combines dysfunctional.

.

They had to be dismantled and reorganized for a low-tax,

low-inflation regime, kicking and screaming all the way,

and Mitt Romney was a key leader on the case.

This restructuring campaign radically increased the value of

the assets of USA business.

.

The economic effects of a general restructuring that

releases capital for better uses, more jobs, and

higher valuations all across the economy.

.

Bain Capital successfully invest in entire companies,

which resulted in sharp increases in capital expenditures,

R & D, employment, and share value.

.

The American Spectator

____________________________

Global HAWK on April 29, 2014 at 2:54 AM

Anyone to the right of Hillary or Biden is fine with me. “But we could do better!” And that’s what got us Obama, TWICE.

hurricane567 on April 29, 2014 at 3:59 AM

I am not surprised.

The Big $$$ Republicans want someone they can trust on both party tickets. I could see them easily funding and drafting Romney if Jeb, Rubio, and Christie should falter. If an outsider gets the GOP nomination, they’ll help Hillary become POTUS.

http://www.politico.com/story/2014/04/wall-street-republicans-hillary-clinton-2016-106070_Page2.html

Punchenko on April 29, 2014 at 4:25 AM

And here I thought running Jeb Bush for president was a bad idea.

There Goes the Neighborhood on April 29, 2014 at 1:32 AM

If I had to choose a What’s Best for Wall Street and K Street Candidate, I’d take Romney over Jeb in a heartbeat.

Punchenko on April 29, 2014 at 4:28 AM

Romney-Bush 2016

Bradky on April 29, 2014 at 4:30 AM

What a complete goofball this guy is.

If he ran again he would be utterly eviscerated by the close to 50% of Republican voters that totally despise the smirking, issue-skirting vacuous double talking “non-partisan, progressive” “severe conservative.”

anotherJoe on April 29, 2014 at 4:56 AM

Nooooo. Havent we learned anything in 2012?

Brock Robamney on April 29, 2014 at 5:42 AM

Romney would not win a general but he would win a primary if he ran again.

uatu1878 on April 29, 2014 at 5:52 AM

If the choice boiled down to Romney, Jeb Bush, Chris Christie, Mike Huckabee, or Rick Santorum, I’ll take Romney every time.

At this point, I might even prefer Romney to Rand Paul, who seems infected with a case of RINO virus.

That said, I’d prefer someone else: Perry, Cruz, Walker, Pence…

DRayRaven on April 29, 2014 at 6:09 AM

Mitt you know how to run a company.

You know how to run a campaign for Gov. in MA.

You know how to run an Olympics spectacle.

You don’t know how to do door to door retail politics at the national level. Even worse, after being in primaries the time before that, you still didn’t figure that out and yet that has to be game plan A-1: how to run a ground game against an all-air opponent.

You’re a nice guy and all.

But you need to go back and do some door-to-door interaction via your religion and remember what it is all about. As it is the JWs now have the best ground game going, and that really needs to be addressed. Wear out some shoe leather. It is good for the heart and soul, though not so much for the soles.

ajacksonian on April 29, 2014 at 6:40 AM

AMNESTY AMNESTY AMNESTY……….

The gop elite party leadership supports it.

They are traitorous.

NOT ONE FREAKING DIME to them !!!

And who is one of the leaders on it?…….Paul Ryan (and you can bet the Chamber of Commerce whore Mitt Romney does too).

PappyD61 on April 29, 2014 at 7:02 AM

Now consider this. If as many people who voted for McCain in 2008 came out and voted for Mitt in 2012, Barry would be unemployed right now.

sixchickensleft on April 29, 2014 at 12:35 AM

Romney got about a million more votes than McCain did.

McCain 2008: 59,948,323
Romney 2012: 60,933,500

lymond on April 29, 2014 at 7:11 AM

Mitt Romney might run again if Jeb Bush doesn’t

Oh…geez…lucky us…

zoyclem on April 29, 2014 at 7:14 AM

@lymond:

eligible voter pool increased by 8.5 million people from 2008. On a percentage basis (votes/eligible voters) romney did worse than mccain.

uatu1878 on April 29, 2014 at 7:25 AM

Because this time for sure the real TruCon® candidate is going to lead us from this Pumpkin Patch. We don’t know who he or she is or where they’ll get the money to run but we believe so no, nobody is any good.

rhombus on April 29, 2014 at 7:37 AM

If the choice boiled down to Romney, Jeb Bush, Chris Christie, Mike Huckabee, or Rick Santorum, I’ll take Romney every time.

At this point, I might even prefer Romney to Rand Paul, who seems infected with a case of RINO virus.

That said, I’d prefer someone else: Perry, Cruz, Walker, Pence…

DRayRaven on April 29, 2014 at 6:09 AM

I agree with most of what you said however, I cannot understand how you could vote for Etch-A-Sketch.

Insanity is having the same behavior and expecting a different outcome.

Romney has no intestinal fortitude! Romney does not know how to lead.

“NO INTESTINAL FORTITUDE” IS the problem with the corrupt crony capitalist wing of the GOP.

If you are a leader you don’t give a damn what the media thinks.

The corrupt crony capitalists do no know “how to lead.” All they know how to do is follow. They are perfectly content to be the minority party, let the Democrats do their dirty work for them, and get their turn at managing Big Government from time to time.

Any conservative who shows them “how to lead” will be crucified.

You only get a large return on your investment when you take risk.

The corrupt crony capitalist wing of the GOP refuses to lead and take risks.

You can’t win being a paler version of the opposition.

Why would anybody choose a RINO when they can have the entire jackass?

Romney should have run his election campaign like he runs his investment portfolio.

Memo to the corrupt crony capitalist wing of the GOP

No panty-waists need apply.

Jayrae on April 29, 2014 at 7:42 AM

THere’s something, in the back of my mind, that says Democrats have something to do with this. I honestly believe Romney was the man for 2012, I’m not convinced he’s the man for 2016. That being said, by 2016, the voters will have such buyers remorse for the Obama debacle, Romney could win in a landslide.

bflat879 on April 29, 2014 at 8:19 AM

I respect his personal character and family life immensely, but I don’t want to see him run again, because I believe he would lose. He’s too milquetoast and anemic in his views, in essence kowtowing to GOP establishment positions, to excite the base to get out and vote.

xNavigator on April 29, 2014 at 8:44 AM

eligible voter pool increased by 8.5 million people from 2008. On a percentage basis (votes/eligible voters) romney did worse than mccain.

uatu1878 on April 29, 2014 at 7:25 AM

Incumbency is a huge advantage. Obama took office in the thick of the worst financial calamity since the Great Depression. The Voters weren’t inclined to kick out the First Black President during an improving economy and after only 3.75 years in office.

fadetogray on April 29, 2014 at 9:11 AM

Romney is our best hope for saving this country. He is smart, hardworking, competent and experienced. These back benchers like Cruz and Rand don’t stand a chance of winning a general election against the likes of HC. Romney has been vetted and believe me, there is buyers remorse out there. The media has thrown everything they could at Romney so no more can be done by the wolfpack.

I love Romney, he will make a great president. I do not want another cycle of Santorums, Ginriches and Cains making a mockery of our party. Social Cons can either get on board or take responsibility for the further destruction of our country. I hope those who sat out 2012 are suffering more than the rest of us. They deserve all they get.

fishstick on April 29, 2014 at 10:56 AM

I worked in project ORCA for the Romney campaign, as well as, made phone calls in Ohio. The campaign was terribly run. On election day we called in who voted and who did not. They had the information but had never established the other half of the issue – getting people to the polls who had not voted. What a waste. And at least 10% of Ohio republican voters stayed home because of the Romney/RNC behavior at the Tampa convention.

Romney was not business savvy or a good manager of a business he built and ran in any thing close to the traditional sense. As David STockman notes in chapter 27 of his book, “The Great Deformation: The Corruption of Capitalism in America;”

Except Mitt Romney was not a businessman; he was a master financial speculator who bought, sold, flipped, and stripped businesses. He did not build enterprises the old-fashioned way—out of inspiration, perspiration, and a long slog in the free market fostering a new product, service, or process of production. Instead, he spent his 15 years raising debt in prodigious amounts on Wall Street so that Bain could purchase the pots and pans and castoffs of corporate America, leverage them to the hilt, gussy them up as reborn “roll-ups,” and then deliver them back to Wall Street for resale—the faster the better.

That is the modus operandi of the leveraged-buyout (LBO) business, and in an honest free-market economy, there wouldn’t be much scope for it because it creates little of economic value. But we have a rigged system—a regime of crony capitalism—where the tax code heavily favors debt and capital gains, and the central bank purposefully enables rampant speculation by propping up the price of financial assets and battering down the cost of leveraged finance.

So the vast outpouring of LBOs in recent decades has been the consequence of bad policy, not the product of capitalist enterprise. I know this from 17 years of experience doing leveraged buyouts at one of the pioneering private-equity houses, Blackstone, and then my own firm. I know the pitfalls of private equity. The whole business was about maximizing debt, extracting cash, cutting head counts, skimping on capital spending, outsourcing production, and dressing up the deal for the earliest, highest-profit exit possible. Occasionally, we did invest in genuine growth companies, but without cheap debt and deep tax subsidies, most deals would not make economic sense.

Accordingly, Bain’s returns on the overwhelming bulk of the deals—67 out of 77—were actually lower than what a passive S&P 500 indexer would have earned even without the risk of leverage or paying all the private-equity fees. Investor profits amounted to a prosaic 0.7X the original investment on these deals and, based on its average five-year holding period, the annual return would have computed to about 12 percent—well below the 17 percent average return on the S&P in this period.

By contrast, the 10 home runs generated profits of $1.8 billion on investments of only $250 million, yielding a spectacular return of 7X investment. Yet it is this handful of home runs that both make the Romney investment legend and also seal the indictment: they show that Bain Capital was a vehicle for leveraged speculation that was gifted immeasurably by the Greenspan bubble. It was a fortunate place where leverage got lucky, not a higher form of capitalist endeavor or training school for presidential aspirants.
.

When Rip Van Romney opened the doors to Bain Capital in 1984, the S&P 500 stood at 160. By the time he answered the call to duty in Salt Lake City in early 1999, it had gone parabolic and reached 1270. This meant that had a modern Rip Van Winkle bought the S&P 500 index and held it through the 15 years in question, the annual return (with dividends) would have been a spectacular 17 percent. Bain did considerably better, of course, but the reason wasn’t business acumen. The secret was leverage, luck, inside baseball, and the peculiar asymmetrical dynamics of the leveraged gambling carried on by private-equity shops. And the fact that the Federal Reserve was increasing the money supply at 6% or more when the economy was growing at only 4% with the excess going into financialization of the economy with LBOs/Bain-type companies.

Read the entire chapter before you Romney supporters get your pants in a wad. Romney was a lackluster campaigner in Ohio that offered little inspiration when he spoke. People like Rand Paul actually gave a better speech in Romney’s behalf.

Falcon46 on April 29, 2014 at 11:59 AM

And at least 10% of Ohio republican voters stayed home because of the Romney/RNC behavior at the Tampa convention.

You mean the anti-democratic stuff? John Boehner calling the result of a vote before the vote was held, the dirty tricks to stop the Tea Party speaking, and so on?

David Blue on April 30, 2014 at 1:09 AM

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