TPM News

Herman Cain on CNN just now said he doesn’t have any plans to run for another political office. He has an “internal clock” like everyone else, he said, and promised himself he will only work for nine more years. But, he hedged a bit, saying “never say never.”

Just hours after he joined Twitter on New Year's Eve 2012, arch-conservative Australian media mogul Rupert Murdoch found himself embroiled in a typically flighty Twitter controversy over a tweet he sent and quickly deleted, disparaging the British for taking "too many holidays."

But now, that's been overshadowed by a controversy with much wider, more serious implications involving his wife Wendi Deng's Twitter account -- or rather, a "Verified Account" attributed to his wife that was on Tuesday revealed to actually belong to an impostor.

Several media outlets reported that the Twitter accounts were real, encouraged by what appeared to be marital banter between the couple, with @Wendi_Deng playfully chastising Murdoch for his insensitive British-on-holidays tweet. But that all came to an abrupt end on Tuesday.

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In an interview with the Huffington Post, Jon Huntsman said Mitt Romney would be beholden Wall Street, and therefore not willing to break up big banks or allow them to fail if such a situation came about:

It is the fact that he has raised so much money from the large banks, the banks that need to be right-sized. If you are the largest recipient of funds from Wall Street, and in particular the large banks, you are not going to be inclined to want to change that model. Because those who run those banks want no change, they profit off the status quo and clearly they are not going to be inclined to want to bring about any change.

Huntsman is trying to boost his own campaign in New Hampshire by drawing a sharp line between his own position on big banks and the idea of ‘too big to fail’ and Romney’s position.

The ads are everywhere in Iowa: on cable, on network television -- during shows like "Dr. Phil," "Wheel of Fortune" and "The Tonight Show" -- and across the dial on talk radio (where it's gotten to the point that callers on talk radio shows are complaining about the onslaught). They walk, talk and act like campaign ads, but for the most part, they're not coming from candidates.

Welcome to the presidential campaign, post-Citizens United.

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CNN reports:

Rick Perry vowed to carry on campaigning if he finishes poorly in Iowa Tuesday, saying on CNN that results from the first-in-the-nation caucus weren't the be-all end-all in the presidential election.

"I'm headed to South Carolina, the plane will be warmed up in the morning and we'll be heading to Aiken, South Carolina to continue on," Perry said on CNN's "John King, USA."

"I mean the idea that one or two states is going to decide who the next nominee for the Republican Party is, is just, you know, that's not reality. This is a 50 state campaign and it's about the future of America," Perry said.

After missing an opportunity Tuesday afternoon to recess appoint Richard Cordray as the head of the new Consumer Financial Protection Bureau, the White House has concluded it can go ahead and make the appointment, the Wall Street Journal reports. The appointment could come as early as Wednesday.

Rick Perry this afternoon began buying up ad time in South Carolina, Politico is reporting:

It's a signal Perry is planning to stay in the race through the state's primary later this month, and that he'll treat Iowa as what one source called "the starting gun," as opposed to the finish line.

Before George Allen faces off against Tim Kaine for the open Virginia Senate seat next November, he may have to ward off a primary challenger, reports the Washington Examiner. Bob Marshall, who narrowly missed his party’s nomination for the job in 2008, says he is seriously considering jumping into the race. “Bottom line, am I serious about this prospect? Yes. Definitely.” But, he still has some things to sort out before he “trip[s] the wire.”

Hours after the Iowa caucuses Tuesday night, Rick Santorum on Wednesday heads to New Hampshire. He’s scheduled to speak Wednesday evening at a nursing home in Brentwood, New Hampshire.

Via Des Moines Register.

Newt has already had to walk back optimistic comments that he will be the nominee. Now, on the eve of the Iowa caucuses where he’s likely headed for a disappointing finish, Newt is talking up his chances in South Carolina, via the Des Moines Register:

“I think it’s a state we very much want to win and I think we probably will win,” Gingrich told reporters here after an event at The Drake restaurant.

But he declined to say it must be a win.

“I’m not going to answer a hypothetical. I think we’ll win it. I think the choice will be very big and very clear,” Gingrich said.