Romney wins Washington state
Article added on March 4, 2012 at 08:54 German time
On March 3, with 99% of
all precincts counted, the Republican caucuses in the State of Washington
in the Pacific Northwest of the United States ended with Mitt Romney winning 37.6% of the vote and an estimated 16
delegates. Both Ron Paul with 24.6% and Rick Santorum with 24.9% will
probably end up with 10 delegates each. Newt Gingrich finished a distanced fourth and last with 10.4% and some 4 delegates.
The Seattle win was psychologically important for Mitt Romney and his
potential Republican voters. You don't bet on a losing horse. With a series
of five wins behind him, Mitt Romney can look confidently towards Super Tuesday.
Mitt Romney gave the following spin to result in Washington state: “The
voters of Washington have send a signal that they do not want a Washington
insider in the White House.” What they want instead is according to Romney's
post-election statement “a conservative businessman who understands the
private sector and know how to get the federal government out of the way so
that the economy can once again grow vigorously.”
There is a lot to agree with, but where is the word about financial
regulation, with Glass-Steagall and the Volcker Rule as possible keywords?
Mitt Romney never addresses the financial crisis. No financial company is
too big to fail. If it is too big, it has to be split up into smaller
entities. It may not have been the right moment now, but if Mitt Romney
wants to win in November, the former Bain's Capital man will have to come up
with some ideas on the subject.
The Fed, the central bank of the United States, has flooded the banking
system with money. Already in August 2011
I wrote that the Fed had doubled the U.S. money supply since the
outbreak of the housing crisis. Doubled! If that money is still in the
system, it will have to go somewhere. Rising inflation and/or new bubbles
are possible “solutions”. Fasten your seat belt!
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More article on the GOP race and the US presidential election:
Romney wins Arizona and Michigan,
Romney wins Maine,
Santorum wins Colorado,
GOP Minnesota caucuses,
GOP Missouri Caucuses,
Romney wins Nevada,
Florida primary results,
Obama's State of the Union Address,
South Carolina primary,
Perry endorses Gingrich,
Huntsman endorses Romney,
Why President Obama has failed,
Romney wins in New Hampshire,
Romney after Iowa.