BREAKING: Another Republican Presidential Canidate Just Dropped Out Of The Race

Former Virginia Gov. Jim Gilmore ended his bid for the presidency Friday, having failed to garner significant support in the Iowa caucuses or the New Hampshire primary.

“My campaign was intended to offer the gubernatorial experience, with the track record of a true conservative, experienced in national security, to unite the party,” Gilmore said in a statement. “I will continue to do everything I can to ensure that our next President is a free enterprise Republican who will restore our nation to greatness and keep our citizens safe.”

Gilmore received just 133 votes in New Hampshire and only garnered 12 votes in the Iowa caucuses a week earlier, the Washington Post reported.

The former chairman of the Republican National Committee successfully ran for governor of Virginia in 1997, serving until 2002. The state constitution bars governors from serving consecutive terms.

Gilmore next ran for the U.S. Senate six years later against Democrat Mark R. Warner, who had replaced him as governor. Gilmore lost by nearly a two-to-one margin.

“His quixotic bid [for the presidency] became something of a social media curiosity. The hashtag #Gilmentum was regularly seen on Twitter, and Gilmore himself even seemed to embrace his long-shot status, tweeting after the departures of Rand Paul and Rick Santorum from the GOP field after Iowa: ‘Started out as 1 of 17 GOP Candidates, now with Rand Paul & Rick Santorum out, 1 of 9. #StillStanding,‘” USA Today reported.  

Gilmore and Former Texas Gov. Rick Perry were the only military veterans in the 2016 GOP presidential field.

Obama Promises “Job-Killing Tax Increases” After 2012, Says Job Losses Prove Stimulus Worked (Videos)

Ben Johnson, The White House Watch

If you were regularly described as one of the most “brilliant” leaders in our nation’s history and were poised to launch a 16-month-long crusade to convince the nation to re-elect you, how would you sell your dismal economic record? Barack Obama gave his answer in a press conference yesterday, when he promised to deliver “massive, job-killing tax increases” and claimed a 9.2 percent unemployment rate proves he was right all along and Americans should be grateful.

Obama’s plans for the nation include more redistribution of (borrowed, Chinese) wealth, financed by $1 trillion in tax increases. Even Obama understands the likely impact of this move. In 2009, he told MSNBC’s Chuck Todd, “You don’t raise taxes in a recession,” and during the lame duck session of Congress he called extending the Bush tax cuts “an essential step on the road to recovery.” In Monday’s press conference, he admitted:

So, when you hear folks saying, “Well, the president shouldn’t want massive job killing tax increases when the economy is this weak.” Nobody’s looking to raise taxes right now. We’re talking about potentially 2013 and the out years.

In other words, he promised he will wait until he is safely re-elected and beyond the reach of the people (except for impeachment), then destroy the economy. Obama ’12!

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Only the most naive believe these tax hikes will only touch the “millionaires and billionaires” Obama constantly inveighs against. The Associated Press noted yesterday, “Proposals under consideration include raising taxes on small business owners and potentially low- and middle-income families.” After all, the wealthiest Americans are already paying a disproportionate percentage of income taxes. Patrick Tyrrell of the Foundry blog writes that the IRS estimated as of “2008, the top 25 percent of income earners—those earning $67,280 or more—pay 86.34 percent of the income taxes, yet earn only 67.38 percent of all income in the U.S.” If Obama is re-elected, he has told American you can expect unemployment to skyrocket.

Obama then added an odd claim: that the discouraging job reports of Recovery Summer 2.0 prove his stimulus plan worked. He said….

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