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This was not the platform of a liberal Democrat, but rather the agenda of Republican Newt Gingrich when he ran for Congress in west Georgia in the mid-to-late 1970s.
Now as a presidential candidate, Gingrich calls himself a true conservative and derides former Massachusetts Gov. Mitt Romney, a main rival, as a "Massachusetts moderate." Long before Gingrich reached the national spotlight, he embraced many moderate and even liberal policy positions that would be anathema in this year's White House race.
"The Republican Party has to be the conservative party if it is to mobilize the 61 percent of the country which calls itself more conservative than liberal," Gingrich wrote in a paper kept by his former press secretary, Lee Howell, that examined the prospects for the 1976 election. "However this conservatism has to be moderate if the party is not to be isolated from the bulk of the population which rejects either extreme."
Howell eventually split with Gingrich and has been critical of him over the years. Local newspaper stories about Gingrich's early races include remarks from the candidate that match or are very similar to language in the speeches, news releases and memos from Howell.
Gingrich's early runs for Congress show the beginning of threads that would develop throughout his career. Despite living in Georgia, then a Deep South bastion for Democrats, Gingrich believed that Republicans could assemble a majority in Congress. He also was willing to get mean on the campaign trail, a trait that continued throughout his career.
Gingrich ran as a moderate for several reasons. First, he was challenging a deeply conservative pro-segregation Dixie Democrat. The Republican Party itself was different, too.
"I think it's a different world," said Bill Loughrey, a Gingrich supporter who met the candidate while working in a research office for House Republicans in the late 1970s. He answered questions about Gingrich's old policy positions on behalf of the campaign. "There were a lot of liberal Republican and conservative Democrats back then. You had a very large segment of the Republican Party that was moderate to liberal."
Ever since the end of Reconstruction after the Civil War, Georgia had been solidly Democratic. While national Democrats such as President Lyndon Johnson backed civil rights legislation in Congress, Georgia Democrats supported racial segregation. That included U.S. Rep. John Flynt Jr., a signer of the 1956 "Southern Manifesto" condemning the U.S. Supreme Court ruling that led to racial integration in schools.
"Jack Flynt was the most conservative congressman in Georgia, and you didn't run against Flynt on the right," said Howell, a student at West Georgia College who handled press relations for Gingrich's campaign. "You had to be more moderate than Flynt. You couldn't get to his right."
Gingrich's first two campaigns against Flynt muddled party lines.
Flynt, the Democrat, publicly accused Gingrich of being a supporter of the 1972 Democratic presidential candidate Georgia McGovern, a liberal anti-war Northerner who lost badly in Georgia. Gingrich quickly gave interviews denying that accusation, saying he worked instead for Republican Richard Nixon's campaign.
Gingrich ran the campus's environmental studies program and during his first campaign condemned a plan to build a dam on the Flint River. He had harsh words for corporate polluters while simultaneously showing contempt for environmental regulators.
"Greedy economic giants are raping the environment, polluting the water we drink and the air we breathe ? yet all too often the reformers offer solutions that will lead to unemployment and economic chaos," Gingrich said, according to a copy of his 1974 campaign kickoff speech kept by Howell.
Gingrich never uses such harsh language now to describe business interests on the campaign trail. His criticism of the regulators has remained strident. He has more recently called the Environmental Protection Agency a "job killer" that must be replaced.
Local newspaper coverage from the time shows that Gingrich was endorsed in 1976 by the state affiliate of the National Education Association and, his former supporters say, the Communication Workers of America. The relationship with teachers did not last long. By 1985, Gingrich was denouncing the NEA as part of a "left-wing alliance" in a speech he gave to school board officials, according to papers from Gingrich's archive at the University of West Georgia.
At times, Gingrich made statements that might be cheered today by Occupy Wall Street protesters. For example, he denounced the corporate profits accrued by oil companies and said the companies needed to open their records for inspection. He was running in the aftermath of an oil embargo imposed by Arab states to punish the United States for giving military support to Israel. The embargo caused gas prices to skyrocket and led to shortages at the pumps.
"Today, the American oil industry is receiving windfall profits while the American people are paying through their noses for home heating oil and gasoline," Gingrich said, according to a copy of an Oct. 26, 1974, speech that he gave in Carrollton.
He was also skeptical of proposals to deregulate natural gas prices and the airline industry, positions contrary to his free-market stances today.
Gingrich's pronouncements on oil companies caused a mini-crisis with Arizona Sen. Barry Goldwater, a champion of the GOP's conservative wing who endorsed Gingrich and appeared in Georgia on the candidate's behalf in 1976. Howell said Goldwater threatened to pull his support after reading about Gingrich's tough talk on oil companies.
"He was so livid he was ready to come down to the Georgia and withdraw his endorsement and condemn Gingrich," Howell said. "It took some saner heads at the Republican National Committee and some other the guys in Washington to calm him down, let him know that was something Newt had to do in order to get some attention."
Gingrich's early races in Georgia show his comfort with rough-and-tumble campaign tactics. Former campaign treasurer L.H. "Kip" Carter said that Gingrich took out newspaper ads highlighting Gingrich's involvement in his Baptist church, while noting that his Democratic opponent, Virginia Shapard, was a "communicant" at an Episcopal church. Carter said the goal was to make Shapard seem like a Roman Catholic to rural and overwhelmingly Baptist voters.
Carter said that ad also told voters that Gingrich would take his family to Washington; Shapard would leave her children with a nanny.
"I look back on this and it's embarrassing," said Carter, now a fierce Gingrich critic. "In fact, I've apologized."
Gingrich long told Republicans that winning elections meant getting tough. Howell's files contained an unsigned memo on Gingrich campaign stationary intended for the upcoming 1976 election. It contains a fictionalized account of how Republicans win control of the U.S. House of Representatives and foreshadows several of the tactics that Gingrich used in 1994 when he led the Republicans to their first House majority in 40 years.
The memo urged GOP congressional candidates to run on a national platform. In 1994, Gingrich and other strategists did just that. They created "The Contract with America," a common set of promises endorsed by GOP candidates.
Gingrich's campaign also told Republicans to go negative on a national scale. It wanted to design a common TV ad telling viewers that their local Democratic incumbent was allied with other Democrats then caught up in political scandal.
"Democrats are willing to play ruthlessly hard ball," the memo said. "Note their grim, unfair exploitation of Watergate. Republicans usually hit too soft, too vaguely, and don't connect the issue, the voters' interest, and Democratic wrongdoing."
Source: http://catoosanews.com/bookmark/17661762
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This week the premier legal ethics blog, Legal Ethics Forum, is hosting a symposium on ?Legal Education?s Response to the Economic Realities Facing the Profession.? In this symposium, ?scholars on the legal profession from the United States and around the world will post contributions about the implications of economic pressures on the way we teach our students.? They have what looks like a fantastic line-up (including my colleague Cassandra Burke Robertson), so this will be a must read for those interested in how legal education and the legal profession are responding to broader economic changes.
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Life can easily slip into a continuous pattern of activities that have exhausted their level of thrill. If you are bored by such activities as ironing, tidying the house, mopping up the endless specks of food and dust, then rock climbing might be your new pick-me-up. If the thought of the sport seems unreachable, try to find some beginner classes in London.
Don?t attempt to be too overeager and try an advanced class, even if you consider yourself to be fit and active. Always ease yourself into a new physical activity, because there are always challenges-large or small-that you have never faced before. If you take a safe approach in the beginning, you are less likely to become injured. Once you have a firm grasp of the basics, then you can then test your limits.
More and more people from all walks of life are giving rock climbing a try, which is testament to how fun and exciting it can be. One thing?s for sure, it is never boring, and there are so many routes to climb (once you gain a little more experience!). You?ll see stunning views and beautiful scenery that only climbers (and birds!) have the pleasure of seeing, letting you see the world in a whole new way.
Rock climbing is physically challenging, which gives you the opportunity to improve your physical fitness, and push yourself further every time you climb. There are so many routes, with varying difficulties, and as your fitness and strength improves, you will be able to tackle the toughest climbs, which can be exhilarating!
Life can easily become dull and repetitive but there are many leisure activities in London that can help you break free from your tiresome daily routine. If you are just starting, be sure to search for beginner classes in London, since rock climbing is challenging and requires experience.
Thinking of new things to do in London? ?I?d Love To Do That? is a website that offers an incredible span of courses for women. Courses vary from rock climbing to cooking courses, so every woman should be able to find a course she likes. ?I?d Love To Do That? is a website that offers motivation, opinions, and guidance as well as an unparalleled array of the most unique, first-class courses.
Tags:?courses for women, evening classes, evening classes in london, leisure activities, part time courses, part time courses in london, rock climbing in london, short courses in london, Sports, things to do in London, training courses, what to do in LondonSource: http://www.articleseffect.com/break-free-from-the-pattern-and-try-rock-climbing.html
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Chipotle Mexican Grill (NYSE:CMG) reported its financial results for the fourth quarter and full year ended Dec. 31, 2011. During the quarter, revenues increased by?23.7% to $597 million while net income grew by 24% to $58 million. Diluted EPS for the quarter was $1.81. Analysts were expecting EPS of $1.83 in the quarter on revenues of $591 million.
Investopedia Markets: Explore the best one-stop source for financial news, quotes and insights.
No Surprises
The fact that Chipotle beat estimates on the revenue front and missed on the EPS estimate is really no surprise. The strong sales figures had to absorb higher food costs during the quarter, which came in at 32.2%, up 1.2 percentage points as a result of higher commodity costs. For the full year, food costs were up nearly 2 percentage points.
Yet thanks to strong customer traffic and stronger sales volume, overall restaurant operating margins were 26%, down only 70 basis points as higher food costs were somewhat mitigated by stronger restaurant sales. Chipotle ended the year with 1,230 restaurants, opening 150 new location in 2011, including one ShopHouse,?the company?s newest concept. (For related reading, see How To Analyze Restaurant Stocks.)
Still Sizzling
Looking ahead in 2012, Chipotle plans to open between 155-165 new restaurants. The company is forecasting mid-single-digit comparable restaurant sales growth. That compares with 11% comp sales in 2012. This forecast is likely a very conservative figure.
Unfortunately, while the business of Chipotle will likely do very well in 2012, an investment in Chipotle may not be as hot. After hours, shares declined 2% on the earnings news. Still, Chipotle remains one of the most expensive restaurant stocks trading at over 55 times 2011 earnings. While Chipotle?s amazing growth is deserving of a strong valuation, shares of Bread Company (Nasdaq:PNRA) trades for 33 times 2011 earnings.
Even Starbucks (Nasdaq:SBUX), which is enjoying a?great comeback thanks to the return of founder Schultz trades at?half the valuation of Chipotle.?It?s even hard to ignore McDonald?s (NYSE:MCD), Chipotle?s former parent, trading at about 19 times earnings and yielding 2.8%. McDonald?s is not growing like Chipotle, but Mickey D?s is thriving in this environment.
Chipotle is an excellent business thriving in a very tough industry. It?s doubtful that any restaurant or hospitality business can match Chipotle?s growth at the moment, and Wall Street has elevated the share price to new highs as a result. While even a slowdown in Chipotle?s growth would be viewed as excellent growth in the restaurant industry, Chipotle?s valuation may cool off if the company is entering the next phase of its growth cycle.
Use the Investopedia Stock Simulator to trade the stocks mentioned in this stock analysis, risk free!
At the time of writing, Sham Gad did not own shares in any of the companies mentioned in this article.
By Sham GadSham Gad is the Managing Partner of Gad Partners Fund?s, value inspired investment partnerships modeled after the Buffett Partnerships of the 1950?s. Previously, Gad ran the Gad Investment Group and delivered annualized returns of 22% from 2002 to 2005. Gad is also the author of ?The Business of Value Investing? which will be out in the fall of 2009. Gad earned his MBA at the University of Georgia in May of 2007. Gad runs a value investing blog. He can also be reached by visiting the Gad Partners Funds site. When not writing or analyzing businesses, Gad enjoys hanging out with his wife Maggie, reading, golf, and yoga
Source: http://avidinvestorgroup.com/2012/02/chipotle-still-sizzling-cmg-sbux-pnra-mcd/
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A select group of bloggers and I visited the Georgia World Conference Center in early September to watch Elizabeth Banks film one of her scenes from the movie.? Elizabeth Banks plays Wendy Cooper, a boutique owner who had dreamt about being a mother for a long time.? Her pregnancy isn?t as blissful as she had imagined it to be.? It is also further complicated by the fact that her younger mother in law is also expecting.? We were able to see her film a scene in which Wendy was addressing a crowd at the ABC Kids Expo and instead of promoting her boutique, ?The Breast Choice?? she let out all her frustrations about being pregnant.? Elizabeth Banks was hilarious as she listed all of the horrible things about pregnancy (all of which have seemed to happen to her character).? We watched her do over 20 takes before they took a break.? During the break she took time to meet with us bloggers to talk about her role in this movie as well as how motherhood has been treating her (her son Felix was born last March). Stay tuned next week for the interview with Elizabeth!
The story behind What to Expect When You?re Expecting isn?t really an informational film like the book is, it follows the pregnancies of 5 couples as they are expecting children.? The cast includes amazing actors such as Jennifer Lopez, Cameron Diaz, and Anna Kendrick.
What to Expect When You?re Expecting comes to theatres nationwide on May 11, 2012 just in time for Mother?s Day.
Be sure to check back next week for more coverage of my set visit.
Source: http://amomsimpression.com/2012/02/04/what-to-expect-when-youre-expecting-set-visit/
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Conditions for the long term unemployed were mixed in January. Comparatively, they're still epically distressed.?
Today's employment situation report showed that conditions for the long term unemployed were mixed in January and remained epically distressed by historic standards.
Skip to next paragraph SoldAtTheTop'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.
Workers unemployed 27 weeks or more declined to 5.518 million or 42.9% of all unemployed workers while the median number of weeks unemployed increased to 21.1 weeks and the average stay on unemployment declined to 40.1 weeks, the highest level ever recorded.
Looking at the chart above (click for super interactive version) you can see that today?s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.
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