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Look for a 1980-Style Romney Win, says Mary Matalin

The veteran GOP strategist visits Chicago and touts Romney • Will Illinois Democrats make income tax hike permanent in lame-duck session? • Teachers Retirement System may "bleed out".

Republican political strategist Mary Matalin predicts a 1980 redux on Election Day, with Mitt Romney emerging victorious by 7 percentage points in the popular vote.

Matalin, 59, spoke Thursday evening at St. Xavier University in the Mount Greenwood community of Chicago alongside Democratic strategist Donna Brazile, who believes the race will be much, much closer.

"Just 2 to 3 points, favoring the president," Brazile said.

Matalin and Brazile — who are close friends — went back and forth in a discussion of presidential politics and campaign war stories in SXU's Shannon Center before a crowd of 1,000 people. 

Matalin, a Calumet City native who says she may never have left Chicago had the steel mills survived, allowed that she might be kidding herself. Still, she's thinking "landslide" because she believes Romney's ground game is just better than Barack Obama's, even though the Democrats are micro targeting people via their friends on Twitter and Facebook.

Brazile stood in for Arianna Huffington, founder and editor of the Huffington Post, who was co-headliner of the evening but had to back out due to hip surgery. Brazile said she believes Romney already has lost Ohio.

State Tax Hike Fear: Scott Reeder, reporting in the advance email newsletter for his Reeder Report, writes that that Illinois Senate Republican Leader Christine Radogno, R-Lemont, believes the Democrats in the General Assembly may make the temporary 67 percent income tax hike permanent in the lame duck session that starts Jan. 9.

Radogno told the Reeder Report:

“It would be absolutely in character for the Democratic majority to call something like this up for a vote.” 

Radogno said the ruling Democrats are spending money in a manner that would suggest they plan to make the tax hike permanent. She added she would not vote for an extension of the income tax increase either now or at the time it is set to partially expire at the end of 2014. 

Senate President John Cullerton, D-Chicago, said via a spokeswoman that any notion of extending the tax-hike is "a flat-out lie."

Teachers Retirement System Could Bleed Out: IllinoisWatchdog.org is reporting that the financial prospects for the state's teachers retirement system are looking worse. The Teachers’ Retirement System is seeking $3.4 billion from the state for its portion of the pension costs for fiscal year 2014. That’s about $500 million more than the system sought from the state for the previous fiscal year.

Reports Illinois Watchdog's Jayette Bolinski:

TRS announced last week that it earned a mere .76-percent return on its investments, primarily because of a negative 11.71-percent rate of return on international stocks. Other investments, including real estate, bonds, private equity and hedge funds, had positive investment returns.

A year ago TRS reported a 23.6 percent return on its investments. TRS officials say long-term returns are what matters most, not year-to-year returns. They noted that TRS’ 20-year return on investment is 7.73 percent — a figure that is not nearly sufficient to make a dent in the debt, critics say.

During the summer, TRS revised downward its expected rate of return from 8.5 percent to 8 percent, under pressure from government accountability groups that say anticipated rates of return were unrealistic and too exaggerated.

This Patch on Politics post appears on the Patch network throughout Chicago and the suburbs.

Comments on this article are now closed.

John Iwaszkiewicz November 09, 2012 at 05:23 AM
Here is a game for you. Fill in the blank. Chicago Democrats control and bankrupt Chicago. Chicago Democrats control and bankrupt Illinois. Chicago Democrats control and ____________ the U.S.
Stones November 09, 2012 at 01:44 PM
Silence Dogood, you make perfect sense. Let's get down to business and get back on track. Partisan BS is killing us.
Bob November 25, 2012 at 05:29 PM
G. Ryan, so far you have repeated every stock Fox/Rush/GOP catch phrase. No one but you guys believes that crap. And for the record, the guy you try to tie to PRESIDENT Obama was Saul Alinsky and he died in 1972 when Obama was 11. I kind of doubt they were pals. Before you open your mouth, you really should read more and stop taking right wing media's word for anything without verifying it yourself through independent sources.. Here's a quote for you pal. "This campaign won't be run by fact checkers" Mitt
Bob November 25, 2012 at 05:31 PM
Umm, Lou, before you quote facts, learn some first. Mike Fangman owned you
Bob November 25, 2012 at 05:47 PM
Here is a game for you. What party tries to blame the debt that started growing exponentially in 1981 with the Reagan tax cuts and increases in defense spending and blame the world wide economic ruin and near depression that started in 2007-2008 on the party and President that took over in 2009? Get a clue
G.Ryan November 25, 2012 at 06:03 PM
Bob, I don't watch Fox news. But get your facts right..Oh! that's right Demorats don't understand the concept of truth because all they do is lie. After Oblamer attended Occidental College and Columbia University where he had foreign Muslim room mates, Oblamer moved to Chgo to work for the Industrial Areas Foundation, an organization FOUNDED by Marxist and radical agitator "The Red" Saul Alinsky author of Rules for Radicals, who just happened to be the topic of Hitlery Rotten Clinton's thesis at Wellesley College. Did not say he meet Saul Alinsky but he was definitely influenced by him as he worked directly for his foundation. Keep googling.
Bob November 25, 2012 at 06:57 PM
My God, you found foreign students at a College? You allege that Obama read a book written by a socialist and got his marching orders from it? By stating those opinions, which have been heard plenty on every right wing talk show for years, you have just absolutely nothing except you are slow minded and will believe anything that you are told as long as it fits with your hatred of President Obama.
Bob November 25, 2012 at 07:04 PM
The Industrial Areas Foundation legal authority rests in a Board of Trustees, which recently includied such notables the late Monsignor John Joseph Egan. IAF's first Board of Trustees included Catholic bishop Bernard James Sheil, Kathryn Lewis (daughter of coal miners union leader John L. Lewis), and philanthropist Marshall Field III. IAF claims responsibility for the success of the first living wage law in Baltimore in 1994, followed by New York City in 1996. Advocating for good jobs, fair pay, and workers rights I could see where the corporate owners who control the disinformation they feed parrots like you would want to call that communism. If you think anyone is going to think you're smart for buying into that, keep wishing. You have about as much chance as 3 weeks ago when you thought we'd elect a vulture capitalist to run the country.
lou November 26, 2012 at 10:09 PM
bob,heres some facts u libs wont admit,our problems were caused mostly from housing. the community reinvestment act put forth by your hero clinton,forced banks into giving people loans that they couldnt afford .pres bush warned congress of this problem many times only to have your other hero barney fag frank convince them everything was fine. things caught up with us and here we are. and now its happening again with gm cars.soon gm will b losing millions from repos from all the rats they financed cars for. thank GOD goverment here to save us
lou November 26, 2012 at 10:15 PM
youve come to the battle of wits unarmed,bob thanks for playing
G.Ryan November 26, 2012 at 10:30 PM
Vulture capitalist? Sounds like you have been brainwashed from the Master. Obummer ran on negative campaigning and once again 4 years will go by with nothing accomplished but further destruction to our economy. But keep googling to educate yourself. I take it you are a 20 yr old naive idiot like your King Obama.
Bob November 27, 2012 at 06:09 PM
Lou, you are an uniformed Republican who thinks he knows something because right wing media tells him it's true. You get your news and "facts" from liars. The housing bubble and later crisis was not caused by the CRA, but it made a nice scapegoat for the GOP and you fell for their bs again, like you guys always do. The real problem was deregulation, lack of oversight, and greed, which just happen to be the platform of the GOP. Was it the CRA who let Wall St. package up the debt from that housing bubble and leverage it at 30-1 odds? Let's see if you can do basic math which most of you conservatives can't. If you make a 30-1 bet on a mortgage, how much does the value have to drop to bankrupt you? If you guessed 3%, you can do math. That is what Bush's Sec let Wall St. do with an overheated mortgage market. http://www.businessweek.com/investing/insights/blog/archives/2008/09/community_reinv.html http://www.theatlantic.com/magazine/archive/2012/06/how-we-got-the-crash-wrong/308984/
Bob November 27, 2012 at 06:09 PM
If you think that a few low income mortgages crashed the ENTIRE world economy, you are walking blind without a cane. Bush warned congress. Are you kidding? He had all 3 branches of govt until 2006. He could've and did do anything he wanted. He was the decider. Are you really that slow that you fell for that? Go back to school and stop thinking that you are smart and can win a debate with anyone repeating GOP talking points. You're not, and you can't.
Bob November 27, 2012 at 06:16 PM
And for the record. CRA loans were screened unlike the subprime anyone can have a no money down mortgage that Countrywide and other fraudulent lenders gave out. . Less than 5% of the CRA loans defaulted. It’s a nice story that tries to shift the blame, but like most conservative blame games, it has no basis in fact. The Blame-CRA theme is a classic rhetoric of conservative reaction. The evidence strongly suggests the latter. First, consider timing. CRA was enacted in 1977. The sub-prime lending at the heart of the current crisis exploded a full quarter century later. In the mid-1990s, new CRA regulations and a wave of mergers led to a flurry of CRA activity, but, as noted by the New America Foundation's Ellen Seidman (and by Harvard's Joint Center), that activity "largely came to an end by 2001." In late 2004, the Bush administration announced plans to sharply weaken CRA regulations, pulling small and mid-sized banks out from under the law's toughest standards. Yet sub-prime lending continued, and even intensified -- at the very time when activity under CRA had slowed and the law had weakened.
Bob November 27, 2012 at 06:16 PM
Second, it is hard to blame CRA for the mortgage meltdown when CRA doesn't even apply to most of the loans that are behind it. As the University of Michigan's Michael Barr points out, half of sub-prime loans came from those mortgage companies beyond the reach of CRA. A further 25 to 30 percent came from bank subsidiaries and affiliates, Perhaps one in four sub-prime loans were made by the institutions fully governed by CRA. Conservatives needed to blame something other than the deregulation they love so much, so they have claimed that the housing crisis is "the direct result of thirty years of government policy that has forced banks to make bad loans to un-creditworthy borrowers." According to them, the culprit is the 1977 Community Reinvestment Act, which requires banks to lend throughout the communities they serve.
Bob November 27, 2012 at 06:17 PM
youve come to the battle of wits knowing less than nothing. Don't worry, that's normal for you Fox/Rush lovers. thanks for playing
KB November 27, 2012 at 06:49 PM
"...our intentions were good. If we could help people become invested as property owners, stability and pride of ownership would follow. Not to mention a boon to the economy resulting form all the new housing starts, In order to write these mortgages, we had to relax the lending standards, of course. It all went very well for awhile, with the new influx of buyers in the market, everyone's property values went up, up, up. And the mortgagees that were having trouble making payments could refi, free up cash from their appreciated home values and be okay. For awhile. Well, eventually, supply caught up with demand...prices stopped escalating and our subprime borrowers couldn't tap into their ever-rising home values. The defaults started slowly and picked up steam as the artificial real-estate bubble that we created crashed. There is something called 'the law of unintended consequences' that we all need to be aware of before we try to skew the playing field." -Anonymous
H.I. McDunnough November 27, 2012 at 07:10 PM
America needs more people like Saul Alinsky!!
lou November 27, 2012 at 09:50 PM
bob,its hopeless to have an intelligent conversation with a bleeding heart lib. i give up. maybe you should do your own research instead of listening to rachel maddow and big ed.you say bush had all control, but never seem to mention all the control obama had his first two years and did NOTHING but the biggest government power in recent history by ruining health care
Stones November 27, 2012 at 10:41 PM
Lou, What makes Bob a "bleeding heart lib"? It sounds like he's done some research and has a clear understanding of what he's written, including quotes from those in the know. As opposed to your intelligent "barney fag frank" garbage and G. Ryan, still going with the "Obummer" and "Oblamer" nonsense. The two of you have no sense of reality, only your hatred for President Obama. Which is based on what? How about an honest answer? My guess is neither of you would ever do that.
Ralph November 27, 2012 at 10:42 PM
http://www.youtube.com/watch?v=NQXbT5ZMYaY I know, I know, Libs hate the truth and love to do as they are told.
lou November 28, 2012 at 01:51 AM
i must b a racist, i hate most of his policies. is that what u want to hear stones? what the hell are u people in mokena drinking?why arent u guys more like the kennedy democrats when the party made more sense ? they wanted americans to get off their butts and live the american dream and not depend on goverment.now days if your making money and rich your evil.thats what obama breeds. thats where he gets most of his votes.and why u in mokena voted for him, i can only guess your in a union or your just a liberal loon
Stones November 28, 2012 at 03:41 AM
Lou, I never said you were a racist, just that you hate the President. That is a possibility, though because I know plenty of people who hate just for that reason. You may hate him because he's a Democrat, partisan politics is having that effect on many Americans. A lot of the hate is based on flat out lies that some people take for gospel. You're off the mark on a few things, I'm not in Mokena, I'm not in a union, I'm not a liberal or a Democrat. This is the first time I have ever voted for a Democratic presidential candidate. For me, he was the better option this time. Mitt Romney just wasn't the answer. He is out of touch with most of the country and never really laid out any of his plan. And fact of the matter, the President is doing a good job. Not perfect but slowly things are getting better and hopefully both Parties work together to get us where we need to be.
lou November 28, 2012 at 12:41 PM
stones, i agree both parties work for us.they should come to an agreement that serves ALL of us. just like regan did. i havent seen that in a while. but i would like to know what u think obama has done well.and who u think is lying and about what.just curious
Stones November 28, 2012 at 02:15 PM
Lou, The whole birther movement is nothing but lies, or that he's a Socialist. Things like that or the Obamaphone nonsense. There are plenty of lies about the Affordable Care Act, aka ObamaCare, things like death panels and additional taxes on the sale of your home. It's funny how it was modeled after RomneyCare and based on principles pushed years ago by the conservative Heritage Foundation, yet now it's a terrible thing. As far as what he's done right, continuing the TARP program that President Bush started. That helped keep us out of a depression and helped keep GM and others alive. The economy is getting better, slow but growing. Slow may be better to avoid any of the types of "bubbles" that have burst in the past. The dow is about 4500 points higher than when he took office and that's with corporate America sitting on piles of cash. The decision to kill bin Laden was certainly a good thing as was winding down these wars we can't win because the politicians are making the decisions rather than the Pentagon. As I said earlier, he's not perfect but what President has been.
Colin C. November 28, 2012 at 03:40 PM
When do we finally wake up to reality and realize that, for the vast majority of elected officials, the most important priority is not the good of our Country but the need to get re-elected, and that takes a lot of money. Most get much of that money from people and institutions who have the resources and want something in return. They are the wealthy, the large financial and industrial corporations, and unions. And they are buying laws that favor them so that they can make and keep as much money as possible. As a result of their success in influencing the political process in the USA our distribution of wealth has changed dramatically in the last fifty years. The wealthy have gained much more, there are many more of us living below the poverty line; the middle class has probably lost the most, both in numbers and in wealth. Much of this is directly attributable to government policies that have been instituted in the last half century. It isn't the Republicans. It isn't the Democrats, it is our political system that has evolved to give great "behind the scenes" power to the wealthy. Neither of our two leading political parties have the interest of the American people at heart. They will simply do whatever they need to do, say whatever they need to say so that they can get elected and gain enough political power to pay back their donors. And we, who believe them, are the saps.
lou November 28, 2012 at 09:41 PM
well stones wether the birther thing is real or not we really dont know for sure,but one things for sure it dosent matter now.and when obama wants to level the playing field and redistribute wealth and have people dependent on government thats a form of socialism.obamaphones are real. it was a program for elderly to have 911 access on home phones,but some democrats decided they should expand the program to cell phones.and of course with any government program it is being abused.and who ends up paying for it, you and i. if u think it isnt real look at your most recent phone bill and u will see a charge u never seen before.i noticed it last month on my office bill.as far as obamacare goes theres some good things but the bad things weigh out the good.they wont call it death panels but if u think an elderly person is gonna get an organ he needs or an expensive operation under this plan your fooling your self.soon this program will get to b too expensive and they will find ways to cut costs. already the government is saying mammograms arent needed til your 50 when it was always 40. this kind of stuff will continue.as far as tarp goes and bailing out gm i didnt agree with it when bush did it and i still dont agree with it.government does not belong in private sector business.thats not what we elected them to do.all that was about was sucking up to the auto workers union.our gov shouldnt decide what companies are worth saving.the economy should b back to normal by now.
Stones November 28, 2012 at 11:19 PM
Lou, on some of these things, I guess we will have to wait and see. I don't believe any President will ever have the ability to change our way of government into socialism or anything else. As far as birthers, the birth certificates have long been released and certified by the Secretary of State for Hawaii. So we do know that answer, some jus prefer not to believe it. Obamacare won't change the way healthcare is provided, only access. It's healthcare insurance reform, not healthcare reform. It allows access to insurance to those that can't afford it and yes we are paying for it. But we already were through ER visits, public hospitals like Stroger and unpaid hospital bills which end up in our laps through higher costs. The mammogram change is based on research, not Obamacare. Too many unneccessary procedures performed with little or no benefit. Hopefully a better way is available to save all these women. I hate the thought of others suffering the way my mom did and several others I know. My true hope is the doom and gloom people have about the President is wrong and he turns out to be one of our greatest. That benefits all of us. The scary part is, if that were to happen, nearly half the country will still hate him.
lou November 29, 2012 at 02:16 AM
stones i didnt vote for him the first time,but when he got elected i too wanted him to b a great president.after all i love america. i thought now we have a black pres and there would b no reason for anyone to think they couldnt b what ever they wanted to b no matter what their skin color was.but,im sorry to say it seems like it had the opposite effect. instead of striving for a better life we have a lot more people wanting more hand outs.i too hope things will get better these next 4 years God bless us all. it dont look good
Deborah Horaz December 30, 2012 at 01:11 AM
M. M wrong

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