When you think about the Republicans' businessman-candidates, Mitt Romney and Herman Cain are the ones who come to mind. But credit has to be given to the man who managed to build a unique family of enterprises I like to call GloboNewtCorp. There may be no politician in recent years, not even Sarah Palin, who has turned his or her political celebrity into as lucrative a money machine as Newt Gingrich. Politico has some details:
During his decade on the political sidelines, Newt Gingrich got rich by building a network of companies and think tanks that pulled in more than $115 million in contributions and fees from powerful corporations and individuals...
Noted Republican apostate David Frum has a long essay in New York magazine entitled "When Did the GOP Lose Touch With Reality?" that liberals will nod their heads at vigorously, but this one point is worthy of note:
When the 2012 Republican nominating contest was getting underway earlier this year, it was widely predicted (I predicted it myself) that the race would eventually come down to a contest between an establishment candidate like Mitt Romney or Tim Pawlenty, and a Tea Party candidate more appealing to the party's base. It seemed perfectly reasonable at the time; after all, the Tea Party had energized the GOP and propelled it to the historic 2010 congressional election victory. With its anti-Obama fervor, the Tea Party was the focus of all the GOP's grassroots energy, to such a degree that nearly every Republican felt compelled to proclaim him or herself a Tea Partier.
Every four years, many people decide to run for president. You don't hear about most of them, because the news media decide, and reasonably so, to ignore folks like the immortal Charles Doty. Even among those who have held major political office, however, some are deemed serious and some are not. For instance, Buddy Roemer — a former member of Congress and governor of Louisiana — is considered not serious, as is Gary Johnson, the former governor of New Mexico. Both are running for the Republican nomination, but neither gets invited to debates or has journalists reporting on their campaigns. Yet Michele Bachmann is considered one of the "real" candidates, even as she languishes in the mid-single-digits in polls.