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Monday, September 17, 2012

Romney's rough day; OWS anniversary arrests; Paul Ryan's body fat; and more from the Slatest PM.

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Monday, September 17, 2012

Your daily PM briefing from the Slatest (@slatest), your trusty news companion.

By Josh Voorhees (@JoshVoorhees)

DETAILS! (OR AT LEAST THE PROMISE OF THEM): Team Romney vowed today to get more specific on the campaign trail, a move that comes as many GOP powerbrokers have lamented the lack of policy details they have seen from their presidential candidate.

"We know that [voters] know he has a plan, which is a good thing, but we also know they would like to know a little bit more about the specifics, and we're going to meet the demand," senior adviser Ed Gillespie told reporters on a conference call, stressing that the new game plan wasn't a pivot or change in direction, but instead a "natural progression" of the campaign.

"We are not rolling out new policy," Gillespie said, "so much as we are making sure people understand that when we say we can do these things, here’s how we are going to get them done and these are the specifics."

WHAT ELSE ROMNEY'S STAFF WAS SAYING: The conference call came less than a day after Politico went live with a blistering off-the-record attack on Romney's chief strategist, Stuart Stevens, courtesy of unnamed "Romney aides, advisers and friends" who blame him for pretty much any and all of the campaign's recent missteps—from Clint Eastwood's performance-art-meets-stump-speech to the candidate's own controversial late-night statement in the wake of the attack on the U.S. consulate in Libya.

COLLATERAL DAMAGE: Stevens is the one left bruised and battered by the end of the nearly 3,000-word piece, but his boss doesn't escape unscathed. From the story: "But whatever Stevens’s shortcomings, presidential candidates get the campaigns they want. And Romney ... has taken a very active role running his own campaign. In a way, that’s the problem. Romney associates are baffled that such a successful corporate leader has created a team with so few lines of authority or accountability."

THE TAKEAWAY: The Politico story is noteworthy for its inside-baseball details, of course, but perhaps more so because it paints a picture of a campaign willing to air its internal disputes in the press with less than two months left in a tightly contested presidential election. This is the type of finger-pointing one expects to see from a campaign only after it loses.

A CLOSER READING: Dave Weigel, meanwhile, spots a familiar character in the Politico story: Republican speechwriter Matthew Scully, who has a history of throwing his fair share of stones: "In Scullyworld, every Republican has the makings of greatness until he's undone by bad staffers who—in his one, telling character flaw—he's unwilling to sack."

Happy Monday, and welcome to the Slatest PM. Follow the entire @slatest team and @JoshVoorhees on Twitter, or fill your host's inbox with whatever is on your mind at josh.voorhees@slate.com.

'MY JOB IS NOT TO WORRY ABOUT THOSE PEOPLE' : "There are 47 percent of the people who will vote for the president no matter what," Romney told donors at private fundraiser earlier this year, which was captured in a video that was obtained by Mother Jones. "All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that's an entitlement. And the government should give it to them. And they will vote for this president no matter what …These are people who pay no income tax. ... [M]y job is not to worry about those people. I'll never convince them they should take personal responsibility and care for their lives."

PAUL RYAN, UBERMENSCH: Bill Gifford explains why the VP hopeful—who has already caught some flak for his marathon and mountain climbing claims—is probably lying about having 6 percent body fat, too. Or, at best, wildly exaggerating.

OCCUPY ANNIVERSARY: NYT: "More than 100 arrests were reported on Monday, the first anniversary of the Occupy Wall Street movement, as protesters converged near the New York Stock Exchange and tried to block access to the exchange. Demonstrators had planned to converge from several directions to form a 'human wall' around the stock exchange to protest what they said was an unfair economic system that benefited the rich and corporations at the expense of ordinary citizens."

MEASURING SUCCESS: It's too early to tell if OWS's birthday push will recapture any of last year's momentum. But protesters appear to be succeeding in the short-term when it comes to two possible metrics: arrests and press coverage.

SURPRISE PARTY: Zookeepers at the National Zoo in D.C. were stunned last night when the zoo's female panda gave birth. The news caught pretty much everyone off-guard, in large part because it is apparently more or less impossible to tell for sure whether a giant panda is pregnant ahead of time. Making things that much more of a shock in this case was Mei Xiang's past history with false pregnancies dating back five years.

EVERYONE LOVES PANDA'S RIGHT? Nope.

SO MUCH FOR THE 'DISAPPOINTING' NEW IPHONE: WSJ: "Apple Inc. said customers placed more than 2 million preorders for the iPhone 5 on the first day it was available, doubling previous results and exceeding initial supply of the smartphone. ... The Cupertino, Calif., company said that while the majority of preorders will be delivered to customers on Friday—when the phone becomes available in stores—many are scheduled to be delivered in October."

ANOTHER BOMB SCARE: AP/CBS: "Louisiana State University's main campus in Baton Rouge was evacuated on Monday after a bomb threat, LSU police said. The evacuation was prompted by a threat phoned into 911 about 10:32 a.m., university spokeswoman Kristine Calongne said. Calongne said the caller didn't direct the threat to any specific area of the campus."

CHECKING THE TRAPS—

AP: "Hezbollah's leader has made a rare public appearance at a rally in Beirut denouncing an anti-Islam film that has provoked a week of unrest in Muslim countries worldwide. Hassan Nasrallah does not usually appear in public for fear of assassination. He called for Monday's protests in Beirut, saying the U.S. must be held accountable for the film because it was produced in America."

Reuters: "An amateur video appears to show Libyans trying to rescue U.S. ambassador Christopher Stevens from a room filled with smoke at the U.S. mission where he was found unconscious after last week's attack by a mob protesting against a film that denigrates the Prophet Mohammad."

NYT: "President Obama, under renewed fire from Mitt Romney for not standing up to China on behalf of American workers, used a rally in [Ohio] on Monday to announce a new trade case against Beijing. He said it was Mr. Romney who had sent jobs to China through his zealous practice of outsourcing at Bain Capital."

WSJ: "Reeling from anti-Japan protests that struck parts of China over the weekend, some of Japan's largest companies shut down their factories on Monday, advised their employees to stay home and closed their shops, in a move that has raised broader questions about the ties between the world's second and third-biggest economies."

See you back here tomorrow. Until then, tell your friends to subscribe here or simply forward the newsletter on and let them make up their own minds.

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Business Today: Wall Street falls on weak energy prices

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09/17/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wall Street falls on weak energy prices
NEW YORK (Reuters) - Stocks fell on Monday in light trading after a rally that drove the S&P 500 last week to its highest level in nearly five years and as falling oil prices hit energy shares.
U.S. launches auto case against China, Beijing fires back
CINCINNATI/GENEVA (Reuters) - President Barack Obama on Monday said the United States was challenging Chinese auto and auto-parts subsidies that threatened American jobs as he campaigned in Ohio, an auto manufacturing state that could be decisive in the November presidential election.
Apple sells 2 million new phones, sets early order record
(Reuters) - Demand for Apple Inc's new iPhone 5 has exceeded initial supply as the company booked 2 million orders in one day and pushed the delivery date for some preorders to next month.
Court told of UBS "rogue trader" spread-betting losses
(Advisory: Please note the story contains strong language in paragraph 28.)
Analysis: Fidelity's Abby Johnson faces challenges on many fronts
BOSTON (Reuters) - As Abigail Johnson takes control of Fidelity Investments' most important businesses, she will have to deal with some of the biggest threats to the fund group's franchise and profitability in its 66-year history.
Google buys Instagram rival Nik Software
(Reuters) - Google Inc said it bought Instagram rival Nik Software, which makes award-winning photo editing application Snapseed, for an undisclosed amount.
IMF challenged by lending to euro zone countries
WASHINGTON (Reuters) - The International Monetary Fund acknowledged on Monday it faced "serious challenges" in designing bailout programs for troubled euro zone countries mainly because it was restricted by the rules of the 17-member currency zone.
No more big cash infusions for F-35 cost overruns: Air Force
WASHINGTON (Reuters) - The Defense Department has no flexibility or interest in any additional restructuring of the Lockheed Martin Corp F-35 programs that would lead to the transfer of billions of dollars into the program, Air Force Secretary Michael Donley told reporters on Monday.
Peregrine CEO pleads guilty to embezzlement, other crimes
CEDAR RAPIDS, Iowa (Reuters) - Peregrine Financial Group Chief Executive Russell Wasendorf Sr. pleaded guilty in an Iowa courtroom on Monday to embezzling more than $100 million from customers of his futures brokerage, lying to regulators to cover his tracks, and mail fraud.
IKEA set to boost expansion with new CEO
STOCKHOLM (Reuters) - IKEA, the world's largest furniture retailer, is set to speed up its store expansion pace as part of a bid to further boost growth after another year with record turnover.
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