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Christine Lagarde Imf

Osborne backs French finance minister Christine Lagarde to take … VN:F [1.9.8_1114]. please wait… Rating: 0.0/5 (0 votes cast). VN:F [1.9.8_1114]. Rating: 0 (from 0 votes). Read More: http://www.guardian.co.uk/business/2011/may/22/osborne-supports- christine-lagarde-imf … VIDEO: Britain backs Lagarde for IMF job – Financing Blog www.financingblog.info Team. Posted in: Financing Blog News. Tagged: BACKS · Britain · Christine Lagarde · Imf · International Monetary Fund · Lagarde · New Job · video. ← Rules of Croquet Autistic kids get into swing at Nassau CC → … Osborne backs French finance minister Christine Lagarde to take … … David Cameron had let it be know that he did not consider the former prime minister an “appropriate person” for the post. Article source: http://www.guardian.co.uk/business/2011/may/22/osborne-supports- christine-lagarde-imf … finance » Blog Archive » Osborne backs French finance minister … Article source: http://www.guardian.co.uk/business/2011/may/22/osborne-supports- christine-lagarde-imf . Related content: German financial apportion backs France’s Lagarde to conduct IMF · French Finance Minster, Former Baker & McKenzie … VIDEO: Britain backs Lagarde for IMF job « Newspapers Today Christine Lagarde, Imf , International Monetary Fund, Job. This entry was posted on May 22, 2011, 12:00 am and is filed under Business, Economy and Finance. You can follow any responses to this entry through RSS 2.0. … ShadeMyRegion2 says: RT @guardiannews : Osborne backs French finance minister Christine Lagarde to take over at IMF http://gu.com/p/2p94d/tf

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Republicans looking to Mitch Daniels to jump into the 2012 race and be their rock star have their answer: No thanks. “I will not be a candidate,” Daniels said in a statement given to the Indianapolis Star late last night that said his wife and daughters nixed a run. “On…

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The Protect IP Act: Google’s Eric Schmidt squares off against RIAA and MPAA

Protecting intellectual property sounds like such a noble cause that you’d have to be a anarchistic free-market extremist to be against the idea, right? Actually, we don’t think Google CEO Eric Schmidt is particularly extreme in any definable way, yet this past week he spoke with gusto, railing against the proposed Protect IP Act, which is was designed to “prevent online threats to economic creativity and theft of intellectual property.” If passed into law, it would give the government the right to shut down any “Internet site dedicated to infringing activities” — “infringing activities” largely being of the sort that allows dude A to download copyrighted item B from dude C when it’s unclear whether dude C has legal rights to be distributing B in the first place. So, you know, it’s targeting the Pirate Bay and its ilk, giving government officials greater power to sweep in and snag the domains of such sites. Schmidt calls this approach a set of “arbitrarily simple solutions to complex problems” that “sets a very bad precedent.” The precedent? That it’s okay for democratic governments to go and kill any site they doesn’t like, something Schmidt says would only encourage restrictive policies in countries like China. While we don’t think China really needs any sort of encouragement at all to keep on building up its Great Firewall , we tend to agree that this is a much more complicated problem than the Act makes it out to be. That said, one must admit that Schmidt’s opinions are necessarily somewhat swayed by the knowledge that any such law would also have a negative impact on the business of search engines in general. But of course no such volley of words could go unanswered from the two shining knights of copyright protection, the MPAA and RIAA, which mounted up their corporate blogs, rode down from twin castles full of lawyers, and collectively told Schmidt he’s full of it. The MPAA spun Schmidt’s comments into some sort of act of civil disobedience, saying that “Google seems to think it’s above America’s laws.” Meanwhile, the RIAA called the statement “a confusing step backwards by one of the most influential internet companies.” Obviously it’s only going to get nastier from here, so buckle your seatbelts, place your bets, and hang on to your BitTorrent clients. The Protect IP Act: Google’s Eric Schmidt squares off against RIAA and MPAA originally appeared on Engadget on Sun, 22 May 2011 12:00:00 EDT. Please see our terms for use of feeds . Permalink

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ABC News’ Jonathan Karl sat down this week for this gimmicky “Subway Series” interview with Sen. Tom Coburnof Oklahoma. Coburn opined on Grover Norquist, the tax structure (where to his credit, he was surprisingly honest, admitting that our taxes are at a 100 year low) the deficit, leaving the Gang of 6, effectively killing it, and the debt ceiling. But note what wasn’t mentioned: Coburn’s role in the Ensign sex scandal : Contained in the 67-page report {written by the Senate Ethics Committee investigating John Ensign’s conduct}, however, is troubling evidence of the central role that current Sen. Tom Coburn (R-OK) played in trying to keep Ensign’s mistress and her husband quiet — evidence that contradicts Coburn’s previous public statements on the matter. In July 2009, Coburn said he was consulting with Ensign “as a physician and as an ordained deacon” and he considered it a “privileged communication that I will never reveal to anybody.” Asked about the claim from Doug Hampton, the husband of Ensign’s mistress, that he “urged Ensign to pay the Hamptons millions of dollars,” Coburn said, “ I categorically deny everything he said .”[..] Coburn eventually agreed to cooperate with the Ethics Committee; their findings on the level of his involvement are startling. According to the committees report, Coburn actively assisted in the discussions of a hush money package, negotiating a proposed package from $8 million down to $2.8 million. Not to put too fine a point on it, but that sounds like some seriously ethically-challenged behavior to me. Ensign left office the day before the report came out and had the unbelievable luck to do so just before Osama bin Laden was killed, so the entire event flew under the radar of the media. But Coburn continues his luck that no one in the media bothers to ask him about his role whatsoever. So what will it take? What will make the media wake up and do their job? Or is it just okay to be brokering hush money to your colleagues mistress if you’re a Republican?

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HE’S IN!… Herman Cain Announces His Candidacy for President (Video)

Atlanta businessman Herman Cain announced his candidacy for President of the United States today in Atlanta, Georgia. This video was posted by one of the thousands who joined the Hermanator today in Atlanta: The Christian Post reported: Cain has the … Continue reading → Broadcasting platform : YouTube Source : Gateway Pundit Discovery Date : 22/05/2011 04:22 Number of articles : 4

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Americans take a gamble with the Mississippi floods

This year’s floods have brought more hardship along the Mississippi, but have efforts to control the river made matters worse? The Riverwalk Casino in Vicksburg was one of the last gambling establishments operating on the Mississippi during these historic floods, and the management lined the drive with insistent signs. “Still open”, they said, “Still happy”. Another sign, an electric one, bragged about the new decor. Workers had stuck pink plastic flamingos on the 4ft sand wall. The river had swallowed up the lawn and trees and was lapping at the parking lot. But a few people were still placing bets inside. After all, Americans have been taking their chances with the Mississippi for centuries. It has been more than 250 years since European settlers began building earthen embankments, or levees, on the Mississippi. It has been more than 80 years since America established a flood control system on the river that was supposed to prevent future catastrophes. It has been 40 years since Congress moved to compel local authorities to relocate people from flood-prone areas, or protect them through insurance. And it has been more than 15 years since Bill Clinton ordered a White House study to determine what could be done to reduce flood damage. So why has this year’s flooding of the Mississippi brought so much hardship to so many people? After Illinois, Kentucky, Arkansas and Tennessee, the swollen river is expected to reach its high water mark in southern Louisiana this week before emptying in the Gulf of Mexico. The authorities say they are confident their preparations will keep New Orleans above water. But small communities in Louisiana will face their worst flooding over the next week, and the waters are likely to stay until mid-June. Seen one way, the floods are an act of nature, beyond human control – and America got off relatively lightly. Despite extensive property damage, with predictions that more than a million acres of land would go underwater, only four deaths due to flooding have been recorded so far, in Arkansas and Mississippi. Industries, population centres and shipping in the Mississippi have been protected. Unlike in Hurricane Katrina, the Army Corps of Engineers, which is in charge of flood control, has had no levee failures. Looked at another way, the flooding was entirely predictable. Damage to homes and fields in the Mississippi’s way should have been avoidable. For all the effort over the years put into controlling the Mississippi, for many individuals – and even entire towns – there is only the illusion of safety. John Scroggins, 79, thought he knew all there was to know about floods. He spent 32 years as a civilian technician in the Army Corps of Engineers fighting floods. When he moved to the Magnolia Road are of Vicksburg in 1960, he knew it was a flood-prone area, but thought the possibility was relatively remote. His home, south of the city, is in what is known as a 100-year flood area. That does not mean it will flood only once every 100 years, but that there is a 1% chance of flooding each year. That is more than it seems at first. A house in a 100-year flood area has a one in four chance of getting flooded in the life of a standard 30-year mortgage. Scroggins decided that was an acceptable risk. He also believed he could outwit the Mississippi by building a foot higher than recorded flood levels. The extra foot would save him from having to buy flood insurance, he said, which he thought would be two or three times the cost of a homeowners’ policy. “The flood has never, never been here before, even in 1927,” which is the worst flood on record, he said. “It was always down there in the weeds. This is the grand-daddy of all floods, right up there beside Noah’s. If it hadn’t been for that we would never have seen water here. It’s always been down yonder.” Scroggins found himself paddling around to his next-door neighbour’s house in a flat-bottomed boat. His own property remains above water for now – but only because of a Herculean effort. Scroggins brought in 23 truckloads of sand and built a 5ft wall around it. Now he and his wife are virtual prisoners. Most of the neighbours have left. Scroggins worries that his wife, Wanda, 77, will break a hip if she clambers over the barrier. And if his homemade levee breaks, it will all be a wasted effort. On the opposite side of town, Shirley Burns watched her rented house in the Kings area fill up with people. Like other areas north of Vicksburg, Kings is mainly African-American, low-lying and flood-prone. Mira Jean Gordon arrived after the water in her house reached knee-level and the city turned the electricity off. Loretta Bunch turned up to report that the Waterville Estates, built to replace the old flood-prone housing, was taking on water. The basketball court and playground were inundated. Burns stayed glued to the large flatscreen TV. The waters had risen above the windows on two rows of houses on the other side of the tracks. Burns’s house sat a few inches higher. “It hasn’t affected us. It’s not in our yard yet,” she said. She would pack up and leave when the time came. But where to? “It’s not like you can just pick up and go. There are expenses involved and there is no storage facility available anyway,” she said. Floods are to be expected, she said, at least in these low-lying areas. “It’s a recurring thing. It skipped last year, but it’s been flooding for years.” There is complacency and resignation. Flood experts argue that America’s flood protection standards are lax compared with those in other countries. Authorities have hesitated to relocate people to safer ground, or to enforce laws that compel local authorities to provide flood protection and require homeowners to get flood insurance. “We have been very good at letting people continue to live in harm’s way,” said George Galloway, who was commander of the Army Corps at Vicksburg in the 1970s. “But how much longer can we continue to do that since we know with climate change we are going to have more floods than in the past?” In the 1990s, Galloway led a White House study into improving flood protection. It concluded that most people living in flood areas – up to 7 million across the country – did not fully understand the risks they faced. Most do not insure their homes or belongings against floods. Some might not even realise they are living in a flood-prone area. Others might think they are safe because they are living behind a levee, even though the standards for levees are relatively loose. “We have deceived ourselves into believing we are safe from floods, and that is not the case,” said Galloway. In the Louisiana town of Vidalia, it was getting harder to maintain that illusion as the town worked desperately to protect its prime real estate from floods. A development was planned to rival the grander town of Natchez across the river, with a convention centre, a 102-room hotel, a beauty salon, a surgery centre, a 40-bed hospital offering specialised care for patients on respirators, and a mobile home park. But it was entirely exposed, built between the Mississippi and the levee that protected much of the town. By last week, each building was a mini-fortress ringed with Hesco barriers. But it was the convention centre, the town’s pride, that was in most danger. Water was shooting up out of the grounds like a geyser, spewing chunks of earth and undermining the flood defences. Guy Murray, the town’s project manager, went nearly 48 hours without sleep overseeing the effort to plug the cantaloupe-sized hole, known as a sand boil, bringing in 250,000 tonnes of sand to stabilise the situation. Asked why the town chose to build on the wrong side of flood protections, Murray got a strange look on his face. The development was the pet project of his grandfather, the former mayor. “This was just a freak thing out of everybody’s control,” Murray said. “Every building is two feet above the 100-year flood line. This is just a God-given event. Nobody could have ever seen a river this high, ever.” Sheri Rabb, the spokeswoman for the town, laughed at the idea that the flood would force a rethink of development plans. Vidalia is counting on another chain hotel moving in, and was busy wooing other businesses. She said the town, which is relatively dilapidated, had not set a budget for fighting the flood. There was no need to rethink development plans. “This was just a fluke,” she said. “The water did come up in 2008 but this flood was unpredictable, like a tornado.” Why would a town bet so much on an unsafe proposition? America has been in training for a great flood since 1927, when the Mississippi rose so furiously it washed over or broke through more than 140 earthen embankments. About 500 people were killed and half a million left homeless. In the aftermath, Congress undertook to build a flood control system that would span the entire river. It was the most ambitious public works project in US history. It would be unthinkable in today’s budget-cutting times. The Army Corps of Engineers took up its mission in a red-brick building on a high, dry bluff in the centre of Vicksburg. As these floods got under way, military officials and civilian bureaucrats from the corps reviewed the latest data from the Mississippi: how high was the water rising, how much strain was the river exerting on the levees? Their mission, as it has been for 80 years, was to control the oil refineries and other industries that line the banks of the Mississippi from Baton Rouge to New Orleans. Essentially, the plan has operated as a federal subsidy for the refineries along the river and for the rich farmland inside the flood plain, said Craig Colten, an environmental geographer at Louisiana State University in Baton Rouge. “It has protected those industries. There has been no major flooding of those industries on the lower stretch of the river since 1927.” The Army Corps of Engineers established a system of 3,500 miles of levees and giant spillways. They would refine a protocol for triggering flood defences. Under orders laid out in acts of Congress from 1928, once water reaches a certain height or pressure, the corps commander is committed to certain responses – blowing up levees in Missouri, or opening up giant floodways in Louisiana – to reduce strain on levees around strategic areas. But some flood experts blame the corps for the very crisis it is facing now. They say it has lulled the public into a false sense of security about its ability to manage the Mississippi. Over the years, individuals and communities moved increasingly into flood-prone areas around the Mississippi because land is cheap, and because they were persuaded the risk of floods is low. It is becoming evident that the Army Corps of Engineers and other forecasters have underestimated the frequency of severe flooding along the Mississippi. “We had a 500-year flood in 1993, a 70-year flood in 2001, and a 200-year flood in 2008. What blows my mind is that I just published this paper in 2008 and every year since then we have had another 10-year flood,” said Robert Criss, a hydrologist at Washington University in St Louis. “The observed frequency of flooding is completely incompatible with the Army Corps estimates.” The forecasts at the time were based on a relatively short historic record. Snow and rainfall patterns change over time, altering the frequency and magnitude of floods. Climate change is also increasing the intensity of storms. Last April saw six times as much rain in the Ohio valley, which drains into the Mississippi, as in a normal year. Criss argues the Army Corps of Engineers forecasts have played down the flood risk, encouraging individuals and corporations to move into flood-prone areas where they are not safe. The corps’s levee-building strategy was also flawed because it did not give the rivers chance to move, Criss said. “We have actually made the flooding worse. Their homes are getting flooded all the time now,” Criss said. “We have got to start moving people and business out of the flood plain.” By the time General Michael Walsh, the commander of the Army Corps of Engineers, began fighting these floods, his mission was refined to its essence – do not let more than 35,000 cubic metres per second of water rush down the Mississippi towards New Orleans. But it came at a cost. The only way to keep flood waters out of New Orleans was to redirect them. The plan called for flooding the Atchafalaya basin, keeping New Orleans safe but condemning scattered hamlets to drowning. “He held off on that decision as long as he could. He hovered at the tipping point for three or four days,” said Charles Camillo, the corps’s official historian. “We might not have operated had it not been for that last rainstorm. That broke our backs. The rain came in, and we could not hold any more water back.” Once the giant steel gates were lifted on the Morganza spillway, the forests and scattered settlements of Louisiana’s Cajun country began to fill with water. According to initial predictions, Butte La Rose, which has about 800 year-round and part-time residents, would be under more than 20ft of water. Days after the first gates were opened, there was no sign of flooding. Officials said the water was moving slowly because the ground was so parched because of a recent drought. In the past few days, Butte La Rose has seen a procession of moving vans as people hurriedly load up their belongings before the mandatory evacuation order goes into effect on Monday. Most of the homes are flimsy affairs – hunting shacks or trailers – but it was a wrench for their owners to leave them. “Come time I will move out,” said Earl Quebedeaux, sitting on a dock at the back of his trailer eating stewed tomatoes out of a tin. “But I don’t believe the water is going to get that high. Last night it only came up a couple of inches, same thing the night before.” And if it does get that high? “Even if it destroys my trailer I’m going to come back. I’ll just build me a house boat.” United States Flooding Louisiana Mississippi Natural disasters and extreme weather Suzanne Goldenberg guardian.co.uk

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Libya: Britain’s £1bn war

Libya conflict could cost UK taxpayers £1bn over six months as Gaddafi clings on and cost of involvement soars Britain’s involvement in the Libya conflict will cost the taxpayer as much as £1bn if it continues into the autumn as expected, according to expert analysis and data gathered by the Guardian. Two months after western powers began bombing Libyan targets to protect civilians in Operation Unified Protector, the cost to Britain so far in the dozens of bombs dropped, hundreds of sorties flown and more than 1,000 service personnel deployed is estimated at more than £100m, according to British defence officials. But defence economists have told the Guardian the costings are conservative. Francis Tusa, editor of the Defence Analysis newsletter, estimates that by the end of April, Libyan operations had already cost the UK about £300m and that the bill was increasing by up to £38m a week. Military chiefs have acknowledged that the air campaign would last six months. At this rate, the MoD’s own estimates will put the cost of war at about £400m, but the expert view is that the figure will top £1bn by September. Another defence analyst told the Guardian that £1bn was probably at the top end of the scale, but that it wouldn’t be a complete surprise in Whitehall if this was the final bill for six months of operations. “A lot of what they are doing out there is a substitute for training that would have cost anyway,” he said. “The final cost will depend on whether the Treasury is prepared to pay for replacements for all the bombs and missiles that have been used so far.” British warplanes are increasingly involved along with the French and Italians. According to data collected by the Guardian for the six weeks of aerial operations up to 5 May, the British have flown 25% of nearly 6,000 sorties over Libyan skies – second only to the Americans. The US total was inflated by an early surge, since when it has scaled back its operations. For the five weeks to 5 May , Britain flew more sorties than any other country. But British planes have been dropping far fewer bombs relative to the number of flights than their allies. So far, they have attacked about 300 targets, perhaps only 10% of the few thousands destroyed by Nato aircraft. Norway and Denmark have by some distance the highest ratio of bombs dropped in relation to population. The true cost of the operation will not be announced for weeks, according to defence officials. It is certain to be significantly more than the “tens of millions” stated in parliament by the chancellor, George Osborne, shortly after the bombing started. One other thing is certain: the cost of the bombs have been significantly more than the targets they have destroyed. The Nato operation was designed to implement a UN security council resolution authorising force to defend civilians. But after stopping Muammar Gaddafi’s forces wresting back chunks of the east of the country the campaign has had little discernible impact in recent weeks on Gaddafi’s stronghold in the capital. Tripoli has been heavily bombed for the past 10 days, with all Libyan fighting ships either sunk or damaged and many command posts and bunker complexes also hit. However, demonstrations in support of Gaddafi are still common and dissident groups are unwilling to engage his loyalist army, which still controls the west of the country. It is not only the cost that is worrying the Ministry of Defence, and, indeed, defence chiefs in the Pentagon. The reluctance of most countries to commit their air forces to action – Norway, which has dropped about 300 bombs, is to pull out at the end of June – is causing serious concern among military commanders throughout the alliance about whether Nato countries have the political will and military capability to continue operations that now have the stated aim of removing power from Gaddafi, his sons, and closet advisers. For Britain, the Libyan conflict has also presented military commanders and ministers alike with an uncomfortable reminder of the perilous state of the defence budget. As Paul Cornish, head of the international security programme at the thinktank Chatham House, has observed, many of the military capabilities used in and around Libya – HMS Cumberland, the Nimrod R1 eavesdropping plane, the Sentinental surveillance aircraft, and Tornado jets – are among the first casualties to be scrapped or their numbers reduced (in the case of Tornados) as a result of last year’s strategic defence and security review. “The obvious question to ask,” Cornish writes in the latest issue of The World Today, “is whether Britain could have made a contribution to the intervention in Libya had the crisis developed later in 2011 when most of the decommissionings, disbandments, and retirements would otherwise have taken place.” The US led the assault, during the first week flying more than 800 sorties in Libya, of which over 300 were strike sorties. It fired more than 200 Tomahawk cruise missiles from its ships. Britain has fired fewer than 20 Tomahawks, costing an estimated £1m each, from the submarine HMS Triumph. Britain, which has accounted for some 25% of all sorties, was so worried about the gap left by the US when it ceded command to Nato, and stood down its aircraft – including low-flying A10 tankbusting “Warthogs” and C130 gunships – that it urged Washington to think again. The Obama administration agreed only to deploy Predator drones. Libya Middle East Africa Defence policy Foreign policy Muammar Gaddafi Richard Norton-Taylor Nick Hopkins guardian.co.uk

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No Go in 2012: Ind. GOP Gov. Daniels Not Running

Gov. Mitch Daniels, R-Ind., said Sunday he won’t run for president because of family concerns, narrowing the field but making a wide-open race even hazier. (May 22)

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What’s Really Driving The National Debt? Tax Cuts and Wars

From Chad Stone of the Center on Budget and Policy Priorities, a rather eye-popping chart: As we’ve noted , my colleagues Kathy Ruffing and Jim Horney have updated CBPP’s analysis showing that the economic downturn, President Bush’s tax cuts, and the wars in Afghanistan and Iraq explain virtually the entire federal budget deficit over the next ten years. So, what about the public debt, which is basically the sum of annual budget deficits, minus annual surpluses, over the nation’s entire history? The complementary chart, below, shows that the Bush-era tax cuts and the Iraq and Afghanistan wars — including their associated interest costs — account for almost half of the projected public debt in 2019 (measured as a share of the economy) if we continue current policies. enlarge Altogether, the economic downturn, the measures enacted to combat it (including the 2009 Recovery Act), and the financial rescue legislation play a smaller role in the projected debt increase over the next decade. Public debt due to all other factors fell from over 30 percent of GDP in 2001 to 20 percent of GDP in 2019. We focus here on debt held by the public, which reflects funds that the federal government borrows in credit markets to finance deficits and other cash needs. That’s the proper measure on which to focus because it’s what really affects the economy. We compare it to GDP because stabilizing the debt-to-GDP ratio is a key test of fiscal sustainability. As Kathy and Jim note, simply letting the Bush tax cuts expire on schedule (or paying for any portions that policymakers decide to extend) would stabilize the debt-to-GDP ratio for the next decade . While we’d have to do much more to keep the debt stable over the longer run, that would be a huge accomplishment.

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Fox News Chief Roger Ailes Thinks Sarah Palin Is ‘Stupid’: New York Magazine

NEW YORK — Fox News still dominates the cable news ratings, but chairman Roger Ailes wants something more: to help elect the next president. That’s the takeaway from Gabriel Sherman’s New York magazine cover story hitting newsstands Monday. Sherman, who’s currently writing a book on Fox News for Random House, looks at how Ailes — who built up a stable of possible presidential contenders after the 2008 election, including Sarah Palin — isn’t so pleased with their chances at beating President Barack Obama in 2012. Ailes doesn’t speak on the record in the article, but several Republicans close to the Fox News chief describe his concerns going into an election year. “He thinks things are going in a bad direction,” another Republican close to Ailes told [Sherman]. “Roger is worried about the future of the country. He thinks the election of Obama is a disaster. He thinks Palin is an idiot. He thinks she’s stupid. He helped boost her up. People like Sarah Palin haven’t elevated the conservative movement.” Ailes, a television titan, has schooled past presidential candidates on how to handle the media. Before helping Rupert Murdoch launch Fox News in 1996, Ailes worked as a strategist for Republican presidents Richard Nixon, Ronald Reagan and George H.W. Bush (whom he still talks to regularly). But Palin, a former Alaska Governor and current Fox News contributor, hasn’t always listened to Ailes’ sage advice, as Sherman reported a couple months back. Although Ailes reportedly told Palin to lie low after the Tucson shooting of Rep. Gabrielle Giffords (D-Ariz.), she still went ahead with the infamous “blood libel” video. So far, Ailes’ other presidential hopefuls aren’t exactly on the road to the White House. Former Arkansas Governor Mike Huckabee recently decided to continue hosting a Saturday night show on the network rather than run again for president. Fox contributor John Bolton, the U.N. ambassador under George W. Bush, hasn’t ruled out running but also hasn’t built any significant campaign infrastructure. Former House speaker Newt Gingrich and former Sen. Rick Santorum (R-Pa.), both of whom recently left Fox News, have already hit some rough patches on the campaign trail. Gingrich, in a brutal first week rollout, angered the Republican establishment with a statement on “Meet the Press,” faced questions about a six-figure jewelry debt, and was even doused with glittery confetti in a straight-to-YouTube clip. And, of course, the statement! Meanwhile, Santorum ran into trouble this past week by claiming that Senator and former P.O.W. John McCain doesn’t understand “enhanced interrogation” techniques like waterboarding (which is widely considered a form of torture). Another GOP source told Sherman that “every single [Republican] candidate has consulted with Roger.” However, Ailes isn’t a big huge fan of any of them. Outside of running himself — a somewhat ridiculous idea floated in October 2009 — what’s Ailes left to do if he wants to elect a Republican in 2012? Paging Chris Christie! Sherman reports that Ailes called the New Jersey Governor a few months ago “and encouraged him to jump into the race.” That’s not the first time they’ve discussed the idea. Ailes brought Christie and talk show host Rush Limbaugh to his upstate New York home for dinner last summer. Despite Ailes’ courtship, Christie isn’t running. In the piece, Sherman also provides a behind-the-scenes look at Ailes’ split with Glenn Beck, network disputes over a Palin special, the 2009 feud with the White House, and how Fox News is trying to distance itself from the Tea Party movement — which it heavily promoted in 2009 — by now highlighting straight news stars like Bret Baier and Shepard Smith. (Disclosure: I previously worked with Sherman at the New York Observer). Fox News PR is notoriously aggressive in pushing back against any seemingly negative stories about the network. And even before the New York piece ran online, there was a bit of push-back from the network against the notion that Ailes and Palin are on the outs. Shortly after New York put out a press release Friday morning promoting the upcoming Fox News story, industry blog TVNewser published a response from Ailes in support of Palin. On Thursday, MSNBC host Chris Matthews blasted her recent appearance on Fox News — and Ailes for hiring her in the first place — as “pathetic.” Ailes, in his characteristically combative fashion, fired back: “People tell me all the time it was truly pathetic that I was the one who gave Chris Matthews his start on television.” So we’ll see how Ailes responds now after a Republican close to him anonymously claims he and Matthews may actually have the same opinion of Palin.

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