Quote Of The Day - Josh Barro

"You can mark my prediction now: A secret recording from a closed-door Mitt Romney fundraiser, released today by David Corn at Mother Jones, has killed Mitt Romney's campaign for president. On the tape, Romney explains that his electoral strategy involves writing off nearly half the country as unmoveable Obama voters. As Romney explains, 47 percent of Americans 'believe that they are victims.' He laments: 'I'll never convince them they should take personal responsibility and care for their lives.'

"So what's the upshot? 'My job is not to worry about those people,' he says. He also notes, describing President Obama's base, 'These are people who pay no income tax. Forty-seven percent of Americans pay no income tax.' This is an utter disaster for Romney. Romney already has trouble relating to the public and convincing people he cares about them. Now, he's been caught on video saying that nearly half the country consists of hopeless losers." - Josh Barro, writing for Bloomberg.com.

Read the full essay.