Is Newt dropping out? UPDATE: He’s staying in….Politics

Instead of the customary “victory” party, Newt Gingrich has scheduled a press conference for 11:00 tonight, after he is expected to get trounced by Romney (again) in the Nevada Caucuses.  Speculation is that he might be dropping out of the race….

UPDATE:  Newt’s big announcement tonight is not that he’s getting out of the race, as some have speculated.  His announcement is that he’s going to “lay out a delegate-based strategy that will allow him to make good on his promise to stay in the race until the Republican National Convention this summer.”

  • Matt

    I doubt this has he just added a finance director in Colorado yesterday.

  • Freddie

    If so, he’s not going to get a full paycheck.

  • MD Russ

    I’d be seriously disappointed Newt dropped out and deprived us of entertaining debate dialogues like this.

    :)

  • Brian Kirwin

    Speculation by whom?

  • Darrell — Chesapeake

    Romney supporters, of course!

  • http://www.bearingdrift.com Brian Schoeneman

    Nope. Newt’s not going anywhere.

  • http://bearingdrift.com Ken Falkenstein

    MD Russ – Loved the video – thanks for sharing!

    Brians (both of you) – I’ve seen speculation in the National Journal http://nationaljournal.com/2012-presidential-campaign/gingrich-to-hold-post-caucus-press-conference-20120204?mrefid=election2012 and Race41012 http://race42012.com/2012/02/04/gingrich-surprise/

  • http://bearingdrift.com Brian Schoeneman

    I know. I saw it too. Also in Politico.

    I just don’t buy it.

    If anything, he’s being cryptic to play the press like Trump did and steal some of Romney’s limelight after he wins in Nevada.

    Newt has gone on and on about how he’s in this to the convention. I don’t see him quitting tonight.

  • http://bearingdrift.com Ken Falkenstein

    They ALL say that they’re in to the end until they get out. Whether or not he gets out tonight, I’ll bet you $100 that Newt does not stay in through the convention.

  • http://bearingdrift.com J.R. Hoeft

    Oh, c’mon, Ken. That bet is at least worth $10k.

  • Craig Kilby

    Certainly quirky. Press conferences usually mean an announcement. But of what? Maybe it is just to steal the limelight.

  • Brian Kirwin

    Nobody but the nominee stays in “through the convention”

  • http://bearingdrift.com Ken Falkenstein

    Jim- I came *that* close to offering a $10K bet….

  • Matt

    Well Ken looks like you are wrong.

  • MD Russ

    The question is how long he will be able to stay in the race, and it won’t be until the convention at this rate. The Washington Post’s analysis in this morning’s paper is that the next step for Gingrich is to look at the remaining states where he is on the ballot, consider the delegate allocation process in each state (allocated or winner-take-all), and estimate how many delegates he could have by the time of the convention. I suspect that Newt’s financial backers are already doing that calculus and will pull the plug on his money when they figure out how much money it is going to cost to win a handful of delegates.

  • http://www.advrider.com James “turbo” Cohen

    MD, he is staying in to dilute Paul candidates.. No other reason.. Newt is not favored by DC establishment but he is helping a fellow rino just the same. Not to worry though, Romney is pretty much like Hillary but without pms.

  • MD Russ

    Turbo,

    The problem with that theory is that it would require Newt to have a selfless, low ego, altruistic devotion to a certain political philosophy rather than to himself. Does that sound like Newt Gingrich?

  • MD Russ

    Turbo,

    BTW, I’m sure that you are aware of the role that Sheldon Adelson has played in reviving Newt’s campaign when it was financially brain dead. For those not familiar with Adelson, he is a multi-billionaire hotel and casino owner in Las Vegas. To date, he and his wife have donated over $11M to Newt’s super PAC. They were also the ones who bank-rolled the millions of dollars of attack ads on Romney in South Carolina. His motivation is apparently that he is strongly pro-Israel and anti-Mormon. He wants to stop Romney and see a pro-Israel Christian conservative as President. However, he made his billions as a gambler and as soon as he sees that the odds of Newt stopping Romney are too low he will cut his losses and quit the game.

  • http://www.advrider.com James “turbo” Cohen

    As a pro Israel Paul supporter I respect Adelsons right to choose who to support. If I can find verifiable evidence that Adleson is anti Mormon I will talk some smack right here.. can’t find it yet..

  • MD Russ

    Turbo,

    No evidence, just a hunch. Most of the Las Vegas crowd doesn’t care much for observant Mormons–their strictures are not good for the Las Vegas business. However, according the New York Times, Adleson has indicated that he would support Romney if Gingrich fell out of the race. Apparently, he hates Obama more than he dislikes Mormons. As I said he is a gambler. If the odds are against Gingrich, he will stop supporting someone who could prevent Obama’s defeat.

  • http://www.advrider.com James “turbo” Cohen

    MD, I think you got some liberal spin on Adelson.. I find nothing whatsoever from any credible source indicating Adelson has been or is antimormon.. Someone made it up.. I welcome you to walk it back..

    Looky here.. http://m.lvsun.com/news/2003/apr/25/columnist-jeff-german-adelson-mormons-join-hands/

  • Craig Kilby

    It was interesting watching the “special caucus” last night on CNN. First, the crowd (they only showed RP people) and the tally, which RP walked away with. Now, they could just finish up county the rest of Clark County, we’d have some numbers to work with.

  • MD Russ

    Turbo,

    I’m not walking back anything. You citation of the Las Vegas Sun article is disingenuous, at best. Did you even read the article or just the headline? First, the reporter notes that any alliance between Mormons and Jews is remarkable and newsworthy. Second, he goes on to explain how Adelson’s support of the Mormons in a legal dispute is based on the fact that such support weakens the Culinary Union in its attempt to organize Adelson’s resorts. “The enemy of my enemy is my friend.” Which leads us back to my original premise that Adelson doesn’t like Mormons, but he will support one for President if that is the only way to stop Barack Obama from being re-elected.

    Since you like news links so much, here’s one for you from the Museum of Jewish Heritage. It documents how Mormons allegedly baptize dead Jews to save them, over the objections of the Jews. Notice that it is a single article from a larger body of work titled, “A Chronicle of the Mormon/Jewish Controversy.”

    http://www.jewishgen.org/infofiles/ldsagree.html

    Now, I welcome you to walk back your claim that Jews are not anti-Mormon.

  • http://www.advrider.com James “turbo” Cohen

    MD, I have a very close friend who was raised as a mormon. Together we are laughing at you. I know a lot of jews.. Not once have I ever heard any jew I know personally make any bigoted remark I could interpret as anti mormon. Silly fact is I hear more jew jokes and insults and such about jews from jews. I had a business partner who is a mormon.. pure coincidence but he is one of the best damn cfo’s you will ever meet..

  • MD Russ

    Turbo,

    LOL. Try this. “I have a very close friend who is black. Together we are laughing at you. I know a lot of whites. Not once have I heard any white I know personally make any bigoted remark I could interpret as racist. I had a business partner who is black…pure coincidence but he is a credit to his race.”

  • MD Russ

    Turbo,

    BTW, I notice that you didn’t take issue with my statement that, “He wants to stop Romney and see a pro-Israel Christian conservative as President.” Don’t you believe that Mormons are Christians?