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The Cheat Sheet, September 28: Elections? What Elections?

NJ Gov Chris Christie is in the race for 2012, no wait, he’s out. It seems to depend on whom you ask. Judging from his remarks at the Reagan Library, he does enjoy being asked, if nothing else. Speculation continues to swirl around Palin, as well. If nothing else, it all means that different factions of the GOP base aren’t yet convinced they like what they see when it comes to those actually in the race. At this rate, and barring any new entries, that likely benefits Romney most at this point.



Did N.C. Democrat Governor Bev Perdue really suggest suspending elections until the economy improves? The seriousness of her statement seems to be being debated, as well.

For now, it seems, Perdue was only talking about Congressional elections. If Obama’s poll number continue to tank, however, Dems may soon talk about suspending all elections. A new IBD/TIPP poll finds that only 38% of Independents think Obama deserves re-election. 53% definitely want someone new.

Surprise: Its seems Solyndra violated the terms of its government loan:

Solyndra LLC had such steep financial problems in late 2010 that the company violated terms of its loan-guarantee agreement with the Department of Energy and technically defaulted on its $535 million loan, according to people familiar with the matter.

Defaulted and, yet, they were still able to draw down federal cash. Green energy is just the new term for good, old-fashioned corporate welfare.

Florida Republicans are poised to move up their presidential primary to January 31st. Colorado, Arizona and a handful of other states are also looking at moving their election dates, to try and have a greater influence in the nominating process. Of course, that will just spark the “official” early states (Iowa, New Hampshire, South Carolina and Nevada) to push up their elections.

Tax Hikes Don’t Work: Illinois hiked its income tax by 66%, but its still going deeper into debt because of overspending.

The Nikkei made some gains but optimism seems to be fading in Europe.

The US market is opening higher this morning, largely because of developments in Finland. (Yeah, that’s a sentence we never thought we’d write either.) The Finnish parliament approved boosting the EU’s bailout fund.

Which may not matter much, as the Germans are pouring cold beer all over the idea of increasing the fund. German Finance Minister Wolfgang Schauble was pretty blunt:

I don’t understand how anyone in the European Commission can have such a stupid idea. The result would be to endanger the AAA sovereign debt ratings of other member states. It makes no sense.

Not sure how this is supposed to calm the markets, but Europe is charging ahead with levying a new tax on financial transactions. Question: Are there any bad ideas out there that AREN’T being tried?

DOOM: That old voodoo economics has me in its spell…

The UAW is set to approve its new contract with GM. The contract will pay workers a bonus of $11,500 over the next four years. Wonder if a portion of that bonus is subject to union dues? Could be a nice windfall for the UAW.

Australian commentator Andrew Bolt has been under siege for sometime given his political views. Now, he seems to have lost a round in court.

CANBERRA, Australia (AP) – A popular right-wing commentator was found guilty Wednesday of breaking Australian discrimination law by implying that fair-skinned Aborigines chose to identify as indigenous for profit and career advancement.

Keep your eyes peeled for killer Cantaloupes.

WASHINGTON — Cantaloupes grown in the US state of Colorado have been linked to a outbreak of listeria monocytogenes that has killed 13 people and infected dozens more, according to US health authorities.

Still, life on the farm is looking just a bit safer, than in a city like Philadephia today. His mistake was being a neighborly guy.

‘We got you, you white mother——-!’ ” LaVelle said he heard someone yell in the “mob” of black and Hispanic youths. Inside his house, LaVelle, 37, called to his wife, Kim, 30, to go to their bedroom with their twin 13-month-old boys, Mark and Mason, and to call police. He also ordered his two other sons, 11 and 17, and his nephew, 7, to stay upstairs.

Meanwhile, life where Wall Street meets politics goes on as usual, or not, depending on one’s party and point of view.

Republican presidential hopeful Mitt Romney has raised more than twice as much money from Wall Street as President Obama – an edge gained in part by luring away at least 100 donors, mostly investors, who backed Obama in 2008, according to a Bloomberg News analysis.

Finally, in the place where Washington meets politics, life goes on as usual. The super-duper Supercommittee (!) is holding talks on spending cuts in secret. Sen. John Kerry:

I don’t want to discuss what we discussed


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