Mitt Romney Out

So now that Romney is out, McCain is the presumptive heir. Word is Romney plans to run in 2012. I believe Romney has now realized what many have been predicting regarding the country both politically and economically. Economically, we are headed for a serious recession that is likely to last for a few years. This is the cumulative effect of our monetary policies (the Fed, the tax code, inflation, devaluation, take your pick...). Whoever becomes our next president will preside over an economy worse than he one under Carter's administration. It will, through no fault of their own, make the next president and one termer and confine them to being one of the worst presidents in American history.

I think Romney is also reading the writing on the walls with regard to the voting numbers. A look a Missouri, the supposed bellwether of the country, the Democrats are showing up in numbers by a 3/2 margin over Republican voters. This does not bode will for the eventual nominee since the two leading democrats are virtually identical in the campaign platforms. In the meantime, Republicans have a fairly wide range of choices, but they don't care. They are sick of the establishment and will not likely show up in the fall or, quite possible, may vote for the democrat. The number of voters though is just one indication. The other is the amount of money that is being generated by small donations. That money is going overwhelmingly to Obama, somewhat to Clinton, and, on the GOP side, the media-marginalized Ron Paul candidacy. Small money donations are otherwise not going to the GOP. This is a sign that no one really believes in the GOP in any significant numbers to put their money behind it.

In short, the democrat cannot help but win this fall. I still think it will be Hillary, but Obama has a lot going for him now. Either way, the media will make McCain and his platform look old and tired. I can see a slogan like the "3rd term of the Bush Administration" being used derisively by democrats. GHWB campaigned as Reagan's 3rd term. Many republicans, most independents, and every democrat do not want a 3rd term. The funniest part is that if they use that slogan, McCain will probably adamantly argue against it since he despises Bush. He will have to both align himself with and distance himself from the Bush administration to get elected since the only remaining loyal Republicans are the one's who think that nothing has gone wrong in the last eight years with conservatism in the GOP. The rest of us woke up to reality a long time ago.