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EDITOR OF REDSTATE

Is Karl Rove Afraid of Being Marginalized?

Last night Karl Rove started buzzing about Paul Ryan, Chris Christie, and others getting into the 2012 race.

This morning, around 10:30, Karl took a shot at Rick Perry on Stuart Varney’s show on Fox.

Karl Rove’s political director for American Crossroads is now working for Mitt Romney. And the word among several reporter friends is that the reason Mitt Romney came out of the Mittness Protection Program when he did was because Rove and friends wanted him to start raising his profile in anticipation of a Perry entry.

So I’m wondering if Karl is worried about staying relevant should Perry gain too much momentum.

If so, Perry better watch out The attacks will come fast and furious.

COMMENTS

  • Repair_Man_Jack

    This seems to me like a positive indicator.

  • izoneguy

    Rove cannot slam Perry like he did Christine O’Donnel or Sharron Angle.

    Rove will be walking a tightrope between his support for Romney and his non-support for Perry.

    I think we are looking at an early retirement for Rove.

  • Doc Holliday

    .

  • luvnthebigsites

    Is after Rove gets done dumpster diving with the drive-bys looking for dirt on Perry he will then get on FNC and wag his finger at the TEA partiers for “splitting” up the party.

    The guys a hypocrite.

  • BigRedConservative

    There is no place for Machiavellian establishment dinosaurs like him in modern conservative politics. He feels threatened by the grassroots, and says inflammatory things just to keep the limelight on him. The sooner we start ignoring his opinion the better.

  • http://teapartisan.wordpress.com Loren Heal

    I don’t know how deep the supposed rift is, but I think there is one.

    Or this could just be Rove generating ad revenue.

  • carolynr

    I don’t know if any of you read my blogs…but I said a long, long time ago that Rove would come out against Perry. In fact…my words were…”Karl Rove…shut your mouth”. So…here’s my take. I believe that Romney is an inside the beltway boy that believes in big government, big spending…as did Bush. I liked GWB until he started on his spending spree. Bigger programs…remember..he started Homeland Security and look where that is now…ugh.

    Then another interesting thing happened on Fox. Huckabee came out in defense to Romney and also dissed Perry as not knowing when to get into the race. So…the Huck is running blocker for the GOP quarterback Romney. WE CAN’T AFFORD ROMNEY AND WE CAN’T AFFORD ANY REPUBLICAN THAT WANTS TO SPEND MORE THAN WE TAKE IN.

    The Bushies backed Kay Baily Hutchinson in her bid for governor of Texas. As the time goes by…you will see the same old GOP stalwarts come out against Perry…Why…they want the Power. So…watch as Huckabee, Romney, Rove…and yes…possibly Krauthammer try to ruin the success of Perry’s run. WE DON’T NEED THEM TO THINK FOR US…That was our problem.

    Folks…the veil is coming off…not just for the Marxists…but also the power hungry old guard Republicans that like you money to maintain their status.

  • izoneguy


    Explaining the Rick Perry-Bush Clan Divide


    Cheney takes it on the chin


    TEXAS GOVERNOR MAKES POINTED REMARKS AT A PARTY FANNING SUPPORT FOR GIULIANI.

    Perry, responding to a party guest’s suggestion that federal spending could kill candidates with voters, said that as governor, Bush consistently signed into law budget increases.
    “Let me tell you something,” Perry said: “George Bush was never a fiscal conservative. Never was. … Wasn’t when he was in Texas. … I mean, ’95, ’97, ’99, George Bush was spending money.”
    Perry turned to his press secretary, Robert Black, who had joined him at the Iowa stop.
    “Do you agree?” the governor asked.
    Black nodded.


    Rick Perry – Time Interview

    Just can I put to rest this notion that there?s tension between, if not you and President Bush, the Perry political family and Bush. Is there?

    Not from my perspective, and certainly not between George W. Bush and I. And frankly, his dad, I mean, I got great respect for them. And the President 43 and I have a very good personal warm relationship. If there are people that were on his team [in] the past that haven?t agreed on policy or picked a different horse in a political race?you look back over my political career, and if I chastised and removed everyone who?s been on the other side of me in a political race I wouldn?t have any friends or helpers.

  • izoneguy


    TEXAS GOVERNOR MAKES POINTED REMARKS AT A PARTY FANNING SUPPORT FOR GIULIANI.

    Friday, December 14, 2007

    Perry also revealed in his Iowa appearance that GOP presidential candidate Mike Huckabee, the former Arkansas governor, had asked Perry to chair his campaign earlier this year.

    “It was a hard conversation to call him and tell him I was for Rudy,” Perry said. “He was disappointed, a bit frustrated. I still love him, and he still loves me.”

  • cwfoster

    Of the neocon, RINO, politics-as-usual, GOP ‘leadership’ we have in Washington.

    All you need to know about Rove can be summed up in the 2010 midterms, He backed the ‘establishment’ candidates over the Tea Party candidates, and then made sure that when they DID win the primaries, instead of closing ranks and fighting against the Democrats, he actually worked AGAINST Christine O?Donnel and Sharron Angle. So next time he says something negative about Harry Reid on FNC the commentator should remind him that HE helped Reid make it back! He’s a party HACK! Who has no principles other than “Our side needs to be in power, and the classic politicians need to be running our side!”

  • gekster

    There is a ton of stuff out there.

  • izoneguy

    Rove, Huck, Gringrich are always on Hannity.

    Hannity did not appear to be very excited about Perry’s announcement.

    Hannity claims to be a conservative first and Republican 2nd.
    I don’t believe that anymore.

    Hannity still loves to suck up to the establishment guys.
    The DC – New York connection is alive and well.

    Now Rush was very excited about the Perry announcement……

  • cwfoster

    Karl! After making it plain that you were more comfortable with Democrats being elected than Tea Party Republicans you showed your own stripes and you were ALREADY marginalized!

    Romney is the man that the MSM says has the best chance against Obama. The SAME MSM that said the SAME thing about McCain. The SAME MSM that told us in 2008 that Romney was ‘unelectable’ because he was a Mormon.

    When oh WHEN will we stop allowing the Alinskyite neocons and the MSM DNC mouthpieces to pick OUR candidates?

  • silentcal2012

    As an analyst, he was right about O’Donnell and Angle. He was not paid to be a cheerleader or partisan.

    He is right about Paul Ryan too. Weekly Standard has the scoop:

    http://www.weeklystandard.com/blogs/ryan-president_590273.html

    He is strongly considering a run.

  • anjinconsulting

    His pompous, bloviating articles in the WSJ are his only means of staying in view of the chattering class.

    Bring it! It will be well worth the effort expended in the engagment to personify him and Romney as the parasitic RINOs that they are.

  • gekster

    His only accomplishment was running the Bush campaign.
    Now all he does is run his mouth.
    And he does that very badly.

  • red_oakster

    What are you suggesting/implying here?

    I don’t like Rove’s remarks in this instance, but dislike your neocon/conspiracy nonsense even more.

  • clarioncaller

    How can he be an impartial commentator now? If he wants to back another RINO…great. Just don’t hide behind the pundit facade.

  • izoneguy
  • red_oakster

    he’s aware of some kind of oppo research that will sink Perry. Otherwise, I chalk this up to longstanding ill will between Rove and some of the Perry team. If it is an old grudge, it’s dumb because it undercuts the great efforts American Crossroads is undertaking.

    That said, I think Rove is a very bright guy who is on the right side much of the time. As for Huckabee, the guy is running for veep and a Perry nomination eliminates that possibility.

  • JSobieski

    “Ryan met with two different Republican strategists to game out what a late-starting run would require, making clear that he was truly just asking questions and not yet planning.”

    http://www.weeklystandard.com/blogs/ryan-president_590273.html?page=2

    The word “yet” is interesting.

    I suspect that Ryan will run for President for the same reason why Bolton may run for President—a run for President gives Ryan a bigger microphone for talking about entitlement reform. It would force other candidates to put forth serious proposals.

    If the R wins the Presidency in 2012 without a specific plan for Medicare reform, Medicare reform won’t happen.

  • edintexas

    I don’t think he was “implying” anything, he flat out stated what most of us knew before, that Rove stabbed Republican nominees in the back during the 2010 midterm campaigns. Whether he is allied with the “Neocons” (a valid political description), or the “Republican establishment” is immaterial. In my opinion he’s a political prostitute, available for hire to the highest bidder. When he isn’t being paid to advise/represent a particular candidate, he’s out trashing Conservatives and Tea Party candidates. As far as I’m concerned he should have been put out to pasture in January, 2009.

    Is that sufficiently succinct for you? No conspiracy at all. No nonsense, just my opinion. Oh, and I toned down my rhetoric.

  • Doc Holliday

    at least to anti-Perry articles on the site right now, check it out.

  • red_oakster

    Read the Weekly Standard article; the guy clearly is thinking about it. And he can afford to wait. Gingrich, Santorum, Cain, maybe Huntsman, will be gone soon. Ryan can wait to see Perry does in the early going. If Perry is less than stellar in debates, Ryan will have an opening. If Perry surges, Ryan will stay as the quarterback for congressional economic legislation. Ryan and Palin are the two remaining wild cards in this little poker game.

  • earlgrey

    I’d love to see him run, but he his mild temperament may not catch on. I just think having him debate Obama would be awesome. I am not sure Obama would have the guts to show up for the debates.

  • edintexas

    A deaf and blind person could have figured those two out – Delaware was almost impossible, and Reid would have stolen the election any way the unions could. But what would have happened if the Party hadn’t spend $10 million on the losing California race and instead put it to work in some of the other races? Rove didn’t oppose the spending in CA, did he?

  • acat

    Ryan has already had a significant impact – the existence of “the roadmap” hamstrings candidates who seek to maintain and increase the scope of D.C. power. (i.e. Romney) No wonder Rove wants Ryan marginalized!

    I’d think that, rather than entering the race, Ryan is signalling that he’d like a promotion. Something with budget authority.

    Mew

  • acat

    Allahpundit and Captain Ed have left Hot Air.

    Its’ conversion to Town Hall 2.0 is nearly complete… and it will soon be just as worthless to actual conservatives.

    Mew

  • red_oakster

    When neocon is used in this context, it’s odd and out of place.

    And last week, several leading neoconservatives, including Douglas Feith, were chosen by Perry to brief him on foreign policy. So factually the statement was off as well. A valid political description used to misrepresent isn’t valid.

    So the mention of neocon was material, used in an ad hominem attack, and in my view disturbing.

    I offered my criticism of Rove below, fwiw.

  • earlgrey

    Although sometimes I can’t figure out how they think. The bloggers position on various subjects is hard to figure out. I guess I dont’ find them consistent.

  • izoneguy

    They don’t like me – they provolked my posting privilege, awhile back.

  • sta46

    that the goal here is to beat the socialist at 1600 and that Mitt isn’t going to make that happen.
    Please make use of the following:

    American Crossroads
    PO Box 34413
    Washington, DC 20013

    (202) 559-6428

    Info@americancrossroads.org

  • gekster

    I don’t think we are going to the middle anytime soon.

  • izoneguy
  • Doc Holliday

    the site has sucked since Michelle sold it.

  • Doc Holliday

    and every link called “dude” i never click, they all suck.

  • Tbone

    Whores are like that.

  • Doc Holliday

    but i don’t.

  • weyland

    …making veiled threats (“we would treat him pretty ugly”) against the chairman of the Fed is about as ham-fisted as it gets.

  • acat

    but not Hot Air. I can still post at Hot Air, I just .. don’t.

    ‘s hard to have a conversation in a non-threaded forum, but .. worse .. it had gotten quite difficult to find people interested in conversations. Too many were just interested in tagging posts with “conservative graffiti”*…

    Mew

    (*hat tip to ‘knives, who I’m stealing from)

  • Darin_H

    is ugly, that’s about what I’d like to see Helicopter Ben and half of DC covered in.

  • luvnthebigsites

    Did Knives beat me to it? :(

  • Darin_H

    to whores I mean….. :D

  • acat

    (this space for rent, inquire within)

  • luvnthebigsites

    occasion that I do have an original thought I try to post it for electronic record purposes.

    You can use anytime ya like, no H/T required. ;)

  • spainishirish

    I have yet to see anything Rove won’t do to advance himself.

  • spainishirish

    Eventually there will be a network challenge FOX from the Right, and that day is coming faster than I expected. If you list all of Rove’s parades of horribles, it is difficult to see much daylight between him and FOX as a whole.

  • Doc Holliday

    many moons ago. Still can post at Hot Air and DK, but don’t. Once in a very blue moon i might take down a Kossack when they say somethign to make me puke, but mainly i avoid the place. I am pretty much a one political site man, RS for good or ill.

  • littlehouse18

    are still engaging in wishful thinking and trying to pressure Ryan with this speculation. They take things out of context and color them to support their wishes.

    I’ve wanted Ryan to run, but at this point he’s made so many denials that I don’t know how I would feel if he really got in.

    If he does get in, like JS said above,I think it will only be to promote his ideas in a more open forum so voters can hear them from the source. So far they’ve been constantly demagogued in the media. I don’t think he’d be in it to actually get the nomination, as strange as that may sound.

    Looking optimistically toward the future, I see Somebody/Ryan 2012, Ryan/Rubio 2020, and Rubio/Somebody 2028.

  • http://www.usdebateboard.com usdebateboard

    and I did not speak out, because I had no care for Christine O’Donnell…

  • runner12

    I listen to Hannity on the radio fairly often and he has had Cain and Bachman on as much as the others you mentioned. He has also recently been having Rep. Mack on to explain the Mack-Penny plan.

    Hannity was solidly behind the CCB plan and openly criticized Boehner et al for caving. He did not win any establishment points on this one and he is not a big Mittens fan.

    I think what you are hearing is that he wants every GOP candidate to have equal time on his show to discuss their platforms.

    BTW He was defending Perry today on the radio against the Left’s media
    attacks.

  • runner12

    become a threat? That is ridiculous. The phrase ” treating someone ugly” sounds more like something any Pre-K teacher would say to a child misbehaving.

    This is simply political correctness mixed with Obama political theater run amuck. There was absolutely nothing threatening regarding what Gov. Perry said.

  • carolina

    I know the behind-the-scene power brokers (from the Nixon administration) have selected every GOP presidential candidate for years (including grooming them for years in advance).
    It is tough to defeat their ‘connected’ candidate. This will be a very ‘interesting’ primary.
    Romney has been groomed by these guys for at least 15 years (and I suspect it has been much longer than that.
    Yep – the NY/San Fran mafia is still in control. We’ll see if Perry can beat the odds.
    I think these power-brokers may recruit other candidate(s) just to diffuse the Perry path to the nomination.

  • gekster

    How do these “old bulls” get the people to vote for “thier” picks.

  • carolina

    Follow the money…….
    Too many voters don’t follow politics closely. BO won in 2008. Scary!

  • gekster

    How do they get to all the voters to get thier selected candidate through the primary.
    I vote in primaries.
    No one gives me money to vote.

  • carolina

    Why Bush 41?
    Why Bush 43?
    Why McCain?
    These were all establishment picks.
    Did you support all of them during the primaries?
    Romney is their guy now, but times have changed.
    In the past the GOP Party faithful (down throughout the State GOP structures) would get on-board with the establishment. [and they sure did it for McCain]
    There will still be some of that (trading favors & connections) during this primary.
    We’ll see how much the tea party has changed the GOP. Coldwarrior is exactly right about what it is going to take to change the GOP.
    I, personally, prefer anyone BUT Romney (because he IS the establishment pick).
    I think it would be very interesting to see a list of the big Romney vs the big Perry donators Unfortunately Rove’s org (and others like it) make that impossible.

  • gekster

    just how did this group get all the voters to vote for the groups pick in the primaries.
    I can’t make it any more simpler than that.

  • carolina

    Just like I said above.
    Did you support Dole in the primary? McCain?
    Times are different now……. a little. Money still matters.

  • runner12

    The more I like him. It seems they fear him because they cannot control him.

    Interesting.

  • conservative_dan

    just trying to be fair. He has consistently been on the “right” side regarding Tea Party issues such as CCB. But don’t forget, he has shows to run and can’t go around making everyone his enemy. Just because Rove, Huckabee, and Gingrich are on his show doesn’t mean he agrees with them anymore than he agrees with Beckel.

  • conservative_dan

    up-and-comer, but I don’t think he’s ready this go-round. He ought to run for Governor or Senator before making Presidential plans. Hey, what does anybody think about Ohio Governor John Kasich for President??

  • davesinsanantonio

    Lets hope he continues to refuse to knuckle under to them.

  • peg_c

    He has such a lineup of big gov. RINOs and lefties that it’s virtually impossible to watch his show. As for Rove, the night of the 2010 election he revealed himself to be nothing more than an old-school, big government, statist Republican who hates and fears the TP. I hope the TP runs right over him in 2012.

  • qualityguy

    can’t happen soon enough! Maybe he can draw that out on one of his little chalkboards. He’s a Rino in a conservative ascendency! Time to go fishin” Karl.

  • mickeydpekinil

    When O’Donnell won the primary in Delaware Rove said on Bill O’reily she only made $6,000 while he raised $30 mil. and nobody in Washington would even talk to her even if she did win. Remember that?
    Maybe Mit is the only one with enough money to be part of Rove’s clan.
    If Rove is for it I’m against it, because I don’t make $30 mil. a year either, which also makes me a dirtbag.
    Mick

  • http://moelane.com/ Moe Lane

    …the Bush Circle V. Perry. W himself seems to be largely done with that… stuff: I don’t know if he’s keeping track of what the folks in his faction are doing, and I don’t know if W would even care if he did. W did his eight years in the snakepit, and I just can’t see him wanting to wade back in.

    But I may be wrong.

  • arthurmanger17

    And so it seems that every pundit and talking head, talking about the Republican primary contest, being only between Romney v Perry. Just like they talked about the possible results of the 2010 mid term elections, it?s not that they could not foresee what was about to happen. No, they meant to dampen the results. They reported in poll after poll that said the movement to the right would not be that great. It did not work! Americans voted and the Washington class and all their information sector heard. What now?, what can we do?, they ask. We must make sure we get the ?right? candidate to run against Obama? Their right is not our right. A limited federal government diminishes them, and the money they get as a ?national? reporter/annalist. So it is in their interest to sway public opinion, ?This is whom the freedom movement will be able to elect, at this time?. Sure the conservative talking heads gave us support before the midterms, but they had no idea what it really meant. Now they do.
    This movement is not over, it has just begun. We are not looking for people that will only stop the growth of the federal government, but begin to dismantle it?s scope and power. This puts us at odds with the Washington class and talking heads, no matter what their political stripe. It?s why they fear Bachmann, Cain and Gingrich. The longer they last and are heard, the less the Washington class can control the agenda. I think Rick Perry gets it. So the attacks begin. They want Romney as the nominee.

  • snappy101

    Did I hear right on Fox News? Bill Kristol is moving to persuade Paul Ryan to run? Paul Ryan, whose resume is weinermobile driver (not kidding check Wikipedia), consultant, congressman, who has zero experience running anything except a committee and and who shares a 13 percent approval rating with other members of Congress? Paul Ryan who starred, unfairly maybe but still starred, in push granny off the cliff ads. These guys like Kristol, Rove and Morris just want an inside the beltway guy for president because it makes their job easier to have someone they’ve seen at their DC parties, have dealt with regularly and will appoint other people they know and deal with regularly giving them a whiff of power and more access than they’d have with some governor, especially a southern one. I like Paul Ryan, really I do, but his experience for an executive job is non-existant just like some other candidates. When are we going to stop treating the Presidency like a first line managerial job?

  • Repair_Man_Jack

    the only Federal Budget law that passed this year, he’s a wee bit more qualified than 434 other members of Congress. As for a White House run, probably not. House members fair poorly in winning the nomination. If Paul Ryan scares you that much, Sparky, you could breathe deply and slowly into a paper bag.

  • Donald Ayotte

    marginalized Rove when he actively did not support our senatorial candidate against an admitted Marxist (Chris Coons) for the US Senate.
    Not only did he not support O’Donnell, he outright spoke against her on Foxnews.
    We’ve never listened to his opinion since and he not welcome here to speak at any functions unless he likes being pelted with rotten eggs and tomatos

  • travis690

    Without regard to my personal feelings for Mr. Rove, I am hopeful for the demise of the political consultants. As a group, they are lobbyists for the status quo. And nobody represents the status quo wing of the Republican Party more than Mitt Romney.

    I would also hope that if Mr. Rove wants to remain loyal to the Republican Party, that he would not enter the race until after the Party chooses its nominee, as he indicated he would do in the same interview.

  • gunslingr45

    one seeing the 2010 McCain rerun? Its on now. I swear I will never vote for Mitt/Rove or any other RINO.
    I swear I will turn in my “R” card if they do it to us again.

    Know Liberals/RINO?S, Know Despair.
    No Liberals/RINO?S, No Despair.

  • Scope

    has already predicted that it wouldn’t take long for the talking heads such as Kristol and Krauthammer to come out against Perry. On the panel last night they didn’t attack Perry, but they were far less than enthused. Kristol has long been a very vocal Palin supporter. I guess he is looking at the very real possibility that she probably won’t run.

  • carolynr

    I noticed that Rove was a little less critical of Perry on that show…like he walked it back a little. Once we knew that his former Manager of Crossroads was working for Mitt….the gig was up. He’s for Romney and that is it.

    He went on to criticize Perry on the Fed. Excuse me…but I will say it…the Fed’s action are treasonous …not “almost” treasonous. While we thought we we bailing out the banks to the tune of $800 billion…in the back rooms of the FED offices they bailed out to the tune of $16 trillion….WITH A ‘T’ FOLKS. So…here it is..links and all:

    Audit of the Federal Reserve Reveals $16 Trillion in Secret Bail Outs
    July 21st, 2011

    The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out. Ben Bernanke (pictured to the left), Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve?s nearly 100 year history was posted on Senator Sanders webpage earlier this morning.

    What was revealed in the audit was startling: $16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world?s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious? the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

    To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is $14.5 trillion. The budget that is being debated so heavily in Congress and the Senate is only $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.

    In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.

    This is a clear case of socialism for the rich and rugged, you?re-on-your-own individualism for everyone else.? Bernie Sanders(I-VT)

    When you have conservative Republican stalwarts like Jim DeMint(R-SC) and Ron Paul(R-TX) as well as self-identified Democratic socialists like Bernie Sanders all fighting against the Federal Reserve, you know that it is no longer an issue of Right versus Left. When you have every single member of the Republican Party in Congress and progressive Congressmen like Dennis Kucinich sponsoring a bill to audit the Federal Reserve, you realize that the Federal Reserve is an entity onto itself, which has no oversight and no accountability.

    Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and super-corporations like Halloween candy. If the Federal Reserve and the bankers who control it believe that they can continue to devalue the savings of Americans and continue to destroy the US economy, they will have to face the realization that their trillion dollar printing presses can be stopped with five dollars-worth of bullets.

    The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..

    Citigroup: $2.5 trillion ($2,500,000,000,000)
    Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
    Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
    Bank of America: $1.344 trillion ($1,344,000,000,000)
    Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
    Bear Sterns: $853 billion ($853,000,000,000)
    Goldman Sachs: $814 billion ($814,000,000,000)
    Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
    JP Morgan Chase: $391 billion ($391,000,000,000)
    Deutsche Bank (Germany): $354 billion ($354,000,000,000)
    UBS (Switzerland): $287 billion ($287,000,000,000)
    Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
    Lehman Brothers: $183 billion ($183,000,000,000)
    Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
    BNP Paribas (France): $175 billion ($175,000,000,000)
    and many more including banks in Belgium of all places

    View the 266-page GAO audit of the Federal Reserve(July 21st, 2011): http://www.scribd.com/doc/60553686/GAO-Fed-Investigation

    Source: http://www.gao.gov/products/GAO-11-696
    FULL PDF on GAO server: http://www.gao.gov/new.items/d11696.pdf
    Senator Sanders Article: http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

  • Scope

    funds approved and distributed during the end of Bush’s term? Rove, being Bush’s long time top aide and adviser probably has alot to hide. There is no way that then President Bush would not have known where those very large amounts of money were going. It sounds like Perry is serious about the Fed. problems, which Karl et al would rather see disappear. Romney, being a big government insider would turn a blind eye. Rove et al just have to get Romney in office, or their heads will roll, right beside the liberals heads.

  • rememberthealamo

    People need to stop contributing to Crossroads and tell them Rove’s the reason why. Apparently Rove is no fan of Reagan – he doesn’t follow Reagan’s conviction against tearing down fellow Republicans.

  • etheilen

    I realized this fact when Rove spouted such vitriol against Christine O’Donnell in the Delaware senate race which actually ended up helping elect the very liberal Chris Coons. I agree, Donald, I have not put any stock in any of his theories, analyses or musings since that time. And I used to pay money to go to luncheons as part of the Heritage Foundation to hear him speak. Now, when Hannity has him on his show, I turn off the radio/TV. I do not trust him and his other-than-conservative agenda.

  • etheilen

    If not, I don’t think you would still think he is not part of the Washington establishment. He is no longer helpful.

  • http://www.veronicaestrada.com Veronica

    .. in emerging markets while sitting on those cash hoards in case those ventures fail.

    Business and banking need to succeed overseas if they’re going to get their money back, hence nada for you and me and our fellow Americans.

    Our economy is going to be sick for a very long time.

    Thanks, Establishment.

    **This should be posted as a diary.**

  • http://www.veronicaestrada.com Veronica

    after divorcing his wife before the start of the coming election, Karl Rove has nothing left to lose, in my opinion.

    Everything’s about a paying job, especially in this economy. Especially when he’s gotta compete with citizen journalists and bloggy commentators.

    Then again, maybe he’s just jealous because Perry has better hair.

  • oldpedler

    In my view, Rove “marginalized” himslf by not backing O’Donnell and Angle. He has taken the position that only HE knows who is electable. I think the only reason he called them unelectable was because they had the backbone to not allow him to call the shots and hew to his way. He stood by Bush, or maybe advised Bush, when Bush was making all the mistakes on fiscal matters and national security. The things Obama has done is take the Bush mistakes and multiply by 10, while adding his own mistakes.

  • bk

    Predicting they would lose a general before the primary is one thing, but he more like actively campaigned against them throughout the entire campaign. So was he right, or was he actively involved in helping create a self-fulfilling prophecy? I say tomato, you say tomahto…

  • http://brennansbiz.intuitwebsites.com/index.html mayo_man

    Give me a break. This talking head assured GW he did not need to respond to the most vicious attacks on any President since Lincoln as I understand it [Rove on Hannity].

    Note to Conservative Republicans from a life long Adam Smith [invisible hand] Conservative: RINOs have always eaten their children.

  • mlowry

    After reading his book, talking with him at several Atlanta GOP events, and listening to his many appearances, I am convinved that he simply goes where he perceives the power to be. He has no core principles, only a very keen mind for numbers and analytics and winning strategy.

  • ihateliberals

    karl can take direct and absolute credit for Harry Reid being back in the Senate and also for Delaware losing the seat to a Democrat. He also can take credit for John McCain being back in the senate as well. When you consider that both of the Bushes and now Jeb Bush has been rumored they are all RINO’s. George H W Bush is the Biggest mistake that Ronald Reagan ever made. I can see how he needed him in the first election but he could have won the second election with me as his VP choice. At this point in History I can’t imagine that anyone would vote for another Bush within 100 years. Karl is viscous and vile when it comes to conservatives. No one in the GOP should give him any credence at all. If the GOP fails next fall to elect a Republican to the White House you can be sure it will be because of Karl Rove and his internal attacks on the Party. I shook his hand once and wanted to count my fingers when i got my hand back. I just can’t say enough about how big a J e r k he is.

  • donrsherwood

    Sadly, Rove was a key advisor to George Bush, that resulted in the many RINO policies that “W” supported.

    Not only is Rove a RINO, he is a POMPOUS RINO!

  • donrsherwood

    Karl Rove had a choice – a Tea Party Rep[ublican or a Communist. He chose the Communist (Coons in Delaware). That is simply unconscionable!

    It is claimed that Rove is “smart”. I hardly think so. He has behaved badly, repeatedly. We conservatives need Rove on our side like we need stage 4 cancer!

  • rkcon

    Rove slammed Sharron Angle, really? That’s not how I remember it and I should know. What I remember is that Rove and American Crossroads were by far the biggest boosters and supporters of Sharron Angle’s campaign versus corrupt Sen. Harry Reid (as they were for Marco Rubio and many other real tea party conservatives – not former big government bushies suddenly converted to tea party conservatism like many here).

    Just google Karl Rove + Sharron Angle instead of making yourself looking as an uniformed and bigoted fool. Just check how much money and resources American Crossroads spent on that campaign.

    And let’s see if your man enough to apologize for your slander. A good Christian would.

    As someone who worked very hard in Angle’s campaign and experienced first hand how so many “tea party conservatives” in DC abandoned her once things get though while Rove and American Crossroads stood with us, I find your claim disgusting.

    Again, I hope you’re man enough to back off as soon as possible.

  • izoneguy

    Sharron Angle, Karl Rove’s candidate

    So I guess we can thank Karl Rove for 6 more years of Harry Reid.
    I can’t wait to see what Rove does for Romney.

  • rkcon

    Maybe if the establishment hacks had supported Angle instead of running away when things get tough we wouldn’t have 6 more years of Harry Reid.

    Anyway, your turnaround was quite amusing. Rove goes from being responsible for Angle losing because he slammed her to being responsible for Angle losing because he supported her.

    You don’t care a bit about conservatism or America; it’s obvious your only point is to smash Rove, nothing else.

    It’s a bit disgusting for a regular folk like myself those type of petty fights you guys in DC love so much.

    Anyway, thanks for setting the record straight: at least Rove had the decency to support strong conservatives like Angle, Rubio and Lee. You, on the other hand, what did you do for them?

  • rkcon

    So electing Marco Rubio, Rand Paul, Mike Lee and all the rest of strong Tea Party conservatives wasnt’ helpful? Amazing. I though this was a conservative site. What’s up?

  • rkcon

    See posts below where even izoneguy recognized he was mistaken (even though he wasn’t humble enough to apologize for it).

    Rove was the biggest supporter of Tea Party conservatives in 2010 (except that woman in Connecticut, but I guess he was right about that one).

  • izoneguy

    r = Rove
    k = Karl
    con = man

  • rkcon

    In fact, I don’t even care for Rove and I used to dislike him pretty strongly. But I acknowledge that he was instrumental in our campaign in 2010 – as he was for so many real Tea Party conservatives. So I wanted to set the record straight. Unlike you, I believe that the Truth is important.

    I’m amused by the fact that calling out you on your lies upset you to such a great extent.

    The R stands for Russell and the K stands for Kirk, by the way. I doubt that means anything to a guy like you though.

  • Scope

    on how long this idiot is allowed to run roughshod over the site?

  • http://impudent.edublogs.org/ kyle8

    I suppose old Bush supporters who screwed up so bad they helped Obama into office need love to.

  • rkcon

    Old Bush supporters? You mean like most of this site? Oh the irony.

    I hold my nose to vote for Bush twice but that was all. Unlike some others here who have gone from Bush fanboys to “Tea Party conservatives” in a few months.

    Anyway, I was just setting the record straight here. Even Izoneguy admitted he was wrong.

    It seems you have a problem with the truth. Deal with it.

  • izoneguy

    Political Errors at the End of the Twentieth Century

    Now the Republican Party long boasted of its frugality. The Bush Administration, on the contrary, has stolen some of the Democrats’ old clothes while the sons of Jefferson and Jackson were out bathing. But those purloined garments are ragged; and Republicans look odd and unconvincing when clad in them.

    Just now I conclude my thoughts on Republican errors by suggesting that it would be ruinous for the Republicans to convert themselves into a party of high deeds in distant lands and higher taxes on the home front. Such a New World Order, like the Pax Romana, might create a wilderness and call it peace; at best, it would reduce the chocolate ration from thirty grams to twenty. And in the fullness of time, the angry peoples of the world would pull down the American Empire, despite its military ingenuity and its protestations of kindness and gentleness — even as the Soviet Empire is being pulled down today, thanks be to God.

    rkcon here is a website that might interest you

  • rkcon

    of Karl Rove, like I’ve already told you. You’re just using a strawman argument because I’ve caught you lying and exposed your ways. Some people will have a good laugh when I tell them some internet rinos called me a “rove supporter”.

    Unless your claim is that telling the truth about Rove’s role in Angle’s campaign is being a Rove supporter. Is that what you’re saying izoneguy? C’mon, time to be clear on this, Is that what you’re saying? Because it just shows how mad and enraged you are because I exposed your lie.

    Anyway, time to stop with lies. Stop calling me a Rove suppoter just because you’re enraged with me exposing your lie. Is that okay? Can you do that?

  • gekster

    I will say you are mentally challenged.
    Now give the laptop back to Mommy and go out side and play.

  • rkcon

    you’re also a name-caller, hein?

    I bet you wouldn’t dare to say the same things in one’s face, would you? What a human being you are. Insulting 65 years old in the internet because you don’t have the fortitude to hold the line and want to run a RINO for president because “conservative entitlement reform can’t win”. What a shame.

  • rkcon

    Another internet tough guy. Yawn.

  • izoneguy

    It was a mistake – I corrected that.

    Do I sound enraged?
    I think you are the one who is enraged.

  • izoneguy

    rkcon – Who do you support?

  • gekster

    It is you who have been most insulting.
    And stating your age will gain you no favors.
    And you are looking like a leftwing llort with your posts
    You got anything nice to say.

  • rkcon

    It wasn’t known for that name, but all over the country some conservative patriots resisted to the Bush+Ted Kennedy reign, Sharron Angle was one of them. We never bought the “compassionate conservative” crap, unlike many here – some guy just called Bush “a viable conservative”! Hilarious.

    Who I support for President? Nobody yet. I’m open to supporting Bachmann or Romney but I’d rather see a principled conservative who isn’t afraid of addressing the upcoming entitlement disaster straight forward.

  • rkcon

    I just don’t understand why you’re calling me a Rove supporter just because I stated a basic truth about his staunch support for Tea Party candidates, including Sharron Angle, in 2010. I mean, I correct a fact in good faith and what I get back is juvenile name-calling and strawman arguments? Honest question, from man to man, do you think that’s correct?

    If you’re not enraged, can you explain that without any name-calling or deflecting tactics?

  • lineholder

    But you put yourself in a position of passing judgments on people that you call “Bushies”? Sorry, but for all his faults, Bush is by far more conservative than Romney ever has been. Plain and simple.

    Can I ask it of you to rein in the personal attacks a bit, please? It could be that you are simply very passionate about getting the best person elected into office in 2012, but the way you are responding to comments could very easily lead people to think that you are here for no other purpose than to divide conservatives.

    Just think about it, please. Thanks.

  • gekster

    but I play one on TV.

  • rkcon

    Perry fanboys have been all over my posts.

    I haven’t insulted anyone – if someone feels insulted, I apologize as I had no intention.

    I don’t have anything nice to say about RINOs who believe running on conservative messages is a loser and that a DC insider like George Allen (first elected to congress in 1991, lived on a public salary till 2006, voted for every single big government program as a Senator) is a conservative like Scope does. I’ll call BS on that every single time I see it, regardless of how you folks feel about it. Sorry. I have plenty of nice things to say about other things.

  • Scope

    who woulda thunk it.

  • gekster

    anything nice to say, you have yet to show it.

  • izoneguy
  • rkcon

    See the vitriol directed at me, the juvenile name-calling and the ad hominem attacks. I’m certainly not the one who needs to rein in.

    I’ll have to support someone. If Bachmann doesn’t stay viable, I’ll go for the lesser evil. As of now, that would be Romney, as I rate him a bit above Perry. The rest of the field is even worse.

    I disagree that Bush was more conservative than Romney. Optical illusion because one governed one of the most conservative states in the Union and the other one of the most liberal ones. It’s a lot easier to sound like a conservative in Texas – that’s why Bush was able to fool so many people. I like to analyse things deeper than that.

  • rkcon

    Maybe one day you’ll understand that kind of childish attacks say more about you than the person you’re trying to target. For the time being, I’ll just ignore them.

    What I have to say is that your claim that we can’t nominate a strong advocate of entitlement reforms is typical RINO crap and unacceptable for any true Tea Party conservative.

    Not to mention your support for establishment hack George Allen and your tendency to smear people who don’t agree with you, but that’s another issue.

  • lineholder

    You can continue to respond in the way that you have if you want to, but get used to being blasted by other posters, because that’s exactly what you’re going to get.

  • rkcon

    I’ve keep fighting folks like Scope who don’t want conservative entitlement reform to be part of the GOP platform because “it scares moderates” and support DC cronnies like George Allen without ever resorting to any sort of personal attacks even if I’m a victim of them (including goldies like “go back to your mum’s basement” – the kind of stuff I hope not even my 12 years old grandson would use in an internet argument).

    I fight for conservative ideas and I couldn’t care less what RINOs think about me.

  • gekster

    not in itself a personal atack.