TPM News

Jon Huntsman thanked Herman Cain for teaching America to fear its tax code in his statement following Cain’s decision to leave the presidential race.



“Herman Cain offered a unique and valuable voice to the debate over how to reform our country’s uncompetitive tax code and turn around the economy. I understand his decision and wish him and his family the best.”

On its surface, Happy Feet Two is a cutesy sequel about a young penguin who is reluctant to dance. But could there be a radical left-wing agenda lurking below the arctic ice?

Some conservatives think so, The Hollywood Reporter reports, suggesting that the movie's politics might be a reason why the film has been off to a sluggish start at the box office.

Read More →

Jon Hunstman is very conservative. This is news to no one, save for conservative commentators.

But they're coming around. As they continue their desperate quest to find an alternative candidate to Mitt Romney, conservatives are starting to come around to Huntsman, the former governor of Utah and Obama ambassador to China who kicked off his campaign with a full-throated endorsement of the Ryan Budget.

Read More →

Current GOP frontrunner — and the man most likely to benefit from Herman Cain’s departure — Newt Gingrich tweeted the following after Cain’s announcement.



I am proud to know Herman Cain and consider him a friend and I know he will continue to be a powerful voice for years to come.

Herman Cain was supposed to tip big donors off to what he’ll announce this afternoon about the future of his campaign. According to CBS, donors were told he’s staying in. But not by Cain.

“Five different people coming out of meeting w Cain tell @bkappcbs and me he’s in,” CBS' Jan Crawford tweeted. “But Cain didn’t speak—-just photos. So they don’t know!”

Influential Iowa Rep. Steve King ®, a prominent voice in the tea party wing of the GOP that helped propel Herman Cain to fronrunner status, tweeted Saturday Cain’s campaign for the White House is done.

Cain is expected to say later today whether or not he’s still running, but King says the die is cast no matter what Cain says.

“Virtuous or not, declaring in or out, however we feel for him, Herman Cain’s campaign is over,” King tweeted. “I thank him as a friend and wish him well.”

Will embattled GOP presidential candidate Herman Cain end his campaign today?

Cain is holding an event — still officially advertised as the unveiling a new campaign headquarters — in Atlanta, GA.

The event begins around 12pm eastern and Mr. Cain is expected to speak around 1pm eastern.

Watch live here:





Visit msnbc.com for breaking news, world news, and news about the economy

No one really knows what Herman Cain is going to do today with his flagging campaign, but respondents to the generally GOP-leaning Rasmussen survey have weighed in.



A new Rasmussen Reports national telephone survey finds that 51% of Likely U.S. Voters believe Cain should end his bid for the GOP nomination. Twenty-eight percent (28%) disagree, and 21% are not sure.

Unfortunate as the bankruptcy of California solar panel company Solyndra was, considering it defaulted on a $535 million loan guarantee from the Department of Energy, it isn't reflective of the overall performance of the Energy Department's loan guarantee program.

In fact, aside from Solyndra, the loan guarantee program is actually extremely sound, supporting low-risk investments and maintaining a reserve of funding to draw upon, and ending it -- as Republicans have tried to do -- wouldn't help balance the budget. Instead, it would probably sacrifice advances in clean energy.

That's at least the conclusion of a new independent report from Bloomberg Government analyzing the $16.1 billion Department of Energy's loan program, which appears to further vindicate Energy Secretary Chu and the rest of the Department of Energy, who have said all along that they did due-diligence on Solyndra and all other energy companies that received loan guarantees.

Read More →

LiveWire