September 12, 2012

Politico’s Ben White Attempts to Create an ‘All Hope Is Lost For Romney’ Meme

After reading Ben White’s “Morning Money” report at Politico this morning, I went back to Real Clear Politics to make sure that I was up to date on the current polling. Currently, RCP has Barack Obama up by 3.2 points over Mitt Romney in an average of the five most recent polls — and at least two of those polls are cooked.

But if we’re to believe White, “bankers and their lobbyists” are already talking “about what went wrong with the Romney campaign, as if there is no chance the GOP nominee will turn it around and eke out a close win over President Obama.”

As I noted yesterday, despite recent Gallup and Rasmussen polls showing party affiliation at +3 for Democrats and +3 for Republicans, respectively, the Washington Post-ABC poll included in RCPs most recent five was weighted +6 for Democrats and shows Obama with a one-point lead among likely voters. If equally weighted, Romney would have polled at aboout +4. Similarly, a CNN/Opinion Research poll (large PDF) showing Obama with a six-point lead among registered voters was weighted (with leaners) 50-45 in favor Dems; with equal Dem-GOP representation, the results would more than likely show a dead heat. Thus, it’s sheer fantasy to claim that either candidate has a tangible lead. That didn’t stop the “Morning Money” folks from trying to sow the seeds of an “it’s over” meme cloaked by total anonymity:

IS WALL STREET GIVING UP ON ROMNEY? – In numerous conversations recently, M.M. has noted the extent to which bankers and their lobbyists talk about what went wrong with the Romney campaign, as if there is no chance the GOP nominee will turn it around and eke out a close win over President Obama. Despite polls showing that among likely voters the race remains tight, many bankers who support Romney seem convinced that swing state polls, especially in Ohio, mean the race is essentially over. This does not mean the Wall Street checks will stop (at least for now).

But it does mean plans are now under way for dealing with a second Obama administration. Said one top executive: “All I hear now is ‘What will Washington be like under Obama for four more years?’ not ‘Who is going to be Mitt’s Treasury secretary?’” To be sure, part of this is bankers wanting to sound smart given recent coverage suggesting Romney is trailing. But it’s also people who make their money by anticipating likely outcomes deciding this one is moving decisively away from Romney.

Oh, the PPP poll in Ohio which forms the basis for much of the alleged pessimism is also cooked.

“Morning Money” then cites a CNBC report which was to go out at 7 a.m. today telling us that:

Per CNBC’s Steve Liesman on a report the network is releasing at 7 a.m.: “Wall Street appears to be planning for a victory by President Obama but hoping for one by Mitt Romney. In an unscientific poll, 46% of respondents to the September CNBC Fed Survey said they expect … Obama to win reelection.”

The more than unscientific sample size (seriously): 58. Give me a flippin’ break.

This is a made-up meme based on anecdotal and meaningless information apparently created for the purpose of demoralizing Obama opponents and Romney supporters who are relatively disengaged. Yet Politico, and for that matter CNBC, expect this stuff to be taken seriously. Not here, and hopefully not anywhere else — except as textbook example of media bias.

Cross-posted at



  1. [...] Tom Blumer’s Bizzy Blog notes that even after “reporters” were caught out collaborating on the questions that Governor Romney would be asked, they are still trying to pin a ‘loser’ label on Romney. [...]

    Pingback by Media Caught Cooking The Books On Romney Poll | Extrano's Alley, a gun blog — September 13, 2012 @ 7:12 am

  2. Righteous Indignation from Michelle Malkin:

    Words we should be saying as a mantra: Feckless and Incompetent.

    Why these words to describe Obama? Words have meaning.

    Feckless – describes people who lack purpose, intelligence, or organization and are unlikely to be successful–lazy, irresponsible, and unproductive

    Incompetent – someone or something not qualified, inadequate or insufficient for a given purpose.

    After 3 1/2 years of on the job training to be POTUS, this guy still hasn’t risen to the necessary skill level to handle the task of protecting America because he doesn’t actually know what his job is. On November 6th I vote to fire this feckless, incompetent person.

    Comment by dscott — September 13, 2012 @ 10:27 am

  3. Other embarrassing questions the MSM refuses to ask.


    Moreover, according to Wanis al-Sharef, a Libyan Interior Ministry official in Benghazi, there had been threats that Islamic militants in Libya might try to take revenge for the death of al Qaeda’s No. 2 commander Abu Yahya al-Lib. As the name suggests, al-Lib was a citizen of Libya and a member of the Libyan Islamic Fighting Group.

    Given these facts, our embassies in Egypt and Libya should have been prepared for the attacks of September 11, and prepared for a fire-fight of the kind that Pryce-Jones says (surely correctly) would have occurred in the event of an attack on the Israeli embassy in Cairo.

    So what happened? From all I can tell there was little (if any) preparation, and no real fire fight — just warning shots into the air by those protecting the embassy.

    Why? What orders had those guarding the embassies been given by our government?

    Comment by dscott — September 13, 2012 @ 10:41 am

  4. Libya assembly elects Mustafa Abu Shagur as prime minister

    Mr Shagur’s victory was in part due to the support of deputies from the Muslim Brotherhoods’ Justice and Construction Party, AFP news agency says.

    So the results of Obama’s community organizing in Libya have resulted in a terrorist affiliated country paid for by US tax dollars. So we traded a cowed dictator for an aggressive expansionist radical fundamentalist regime bent on creating a world wide caliphate. That’s two (Egypt & Libya) for three, when will Tunisia fall victim to the same fate? And will Syria end the same way when the dust settles?

    All of these events point to WWIII against Islam in the next four years. It’s going to get real ugly here and I hope that our energy independence comes sooner than 2016 or 2020 otherwise we are going to be in a world of hurt. Every generation has it’s evil to fight against world domination, this time it is a malignant form of Islam.

    Comment by dscott — September 13, 2012 @ 10:56 am

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