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 Greetings The deep freeze of the news cycle set in late last week as the payroll tax cut was extended. And now the tiniest cracks are starting to show. THE REPUBLICAN RACE: The Ron Paul newsletter story, which breaks out whenever Paul becomes electorally relevant are not hurting the Paul campaign in Iowa. Though they have significantly changed the media perception of the Paul campaign and will change the tenor of the coverage should Paul prevail in the Iowa caucuses. Is Ron Paul Losing The Expectations Game? Ron Paul and Mitt Romney are the two candidates who (for now) seem poised to contest for the top spot in Iowa. Even though Paul finished in single digits in 2008 and limped to the finish, while Romney seriously challenged for the nomination, the expectations game has changed the stakes. Anything less than a Paul win, after the amount of investment of time, money, and resources will be seen as disappointing. A strong second place showing for Romney, who has only truly entered the Iowa contest in earnest recently will be seen as a big win, even though Romney-aligned Super-PACs are spending lots of money in the state. These expectations can change within the next week.
THIS DAY IN POLITICS: On December 28th, 1832 John C. Calhoun became the first vice-President to resign the office. FROM THIS MORNING: Ross Douthat on the deficiencies of the Republican field.
Ashley Parker on how Romney tries to appear human.
TWEET OF THE DAY:
The New York Times' Nate Silver tweaks an old piece of political wisdom. 
WHAT'S NEXT: The Iowa Caucuses are less than a week away. Prepare for Newt Gingrich and Ron Paul to slug it out until the end. Please follow Politics on Twitter and Facebook. | | | | | | | |
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