CNN Improves Debate Rules; Fiorina the Big Winner

 

When facing a 17-person GOP field, cable networks had a debate dilemma: limit the number of participants or install bleachers. They chose the former, but their process is deeply flawed. Serious candidates like Perry and Jindal are shouting to an empty auditorium while vanity projects like Huckabee use the debate to hawk his book. (Buy Giblets, Gullets & Grifters, available now at your local Bass Pro Shop!)

In theory, if someone did well in the first B-list debate, they would advance to the main stage the next time around. Carly Fiorina was the obvious standout of the Fox News forum, so most observers assumed she would appear at the adults’ table for CNN’s round two. Not so fast…

CNN based its top ten on the average ranking in “approved national polls” between July 16 and September 10. However, following the first debate on August 6, just three new polls have been released. This strongly skewed the decision to the status quo, leaving the ascendant Fiorina on the sidelines once again.

Hearing the hue and cry of conservative activists, the RNC, and even other candidates, CNN wisely changed their formula:

CNN is amending the criteria for its Republican presidential debate on September 16, possibly opening the door for Carly Fiorina to join the other top-tier candidates on the stage.

The cause: a lack of national public polling following the August 6 debate has so far provided only three new polls to determine the lineup for the Reagan Presidential Debate, according to a CNN statement.

As a result, CNN reevaluated its criteria and decided to add a provision that better reflects the state of the race since the first Republican presidential debate in August, the network announced Tuesday.

Now, any candidate who ranks in the top 10 in polling between August 7 and September 10 will be included.

The adjustment may result in additional candidates joining the top-tier debate, but the final podium placements will not be known until the eligibility window closes on September 10.

CNN can’t say that Fiorina’s in for sure since two new polls are expected before the deadline. But if the eligibility window closed today, the line-up would include the former Hewlett-Packard CEO. Her Twitter-happy deputy campaign manager celebrated the move:

CNN offered no speculation on whose place Fiorina will be taking. I’m hoping to see all 11 candidates show up and Reince Priebus walk over to, say, Chris Christie, and extinguish his torch. Or, since the front-runner is a reality show host, perhaps Trump can shout “you’re fired” at Rand while handing a rose to Carly.

UPDATE: Alert commenter Rico notes that, despite CNN’s confusing commentary about limiting the debate to the top ten, they will not be booting anyone from the stage. Expect 11 candidates and no reality show moment.

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  1. Marion Evans Inactive
    Marion Evans
    @MarionEvans

    Johnny Dubya:“[S]he strong armed some banks into backing it, with threat of withholding other business from them.”

    Oh, for goodness sake, this is what CEOs do. Business ain’t tiddlywinks. Trust me, I work for a corporate and investment bank.

    Her experience as a CEO and her vision for the country now are far more important than whether she was a perfect CEO. There is no such thing, anyway. And, to use what is now a well-worn cliche, our current president apparently hadn’t even run a lemonade stand prior to his ascendance. Seriously, someone should ask him whether he did, and I’d bet you lemons to ice cubes the answer is no. Though I suppose he might have supplied the Choom Gang with product.

    I haven’t yet heard anything from Fiorina that would disqualify her in my mind. At this point, I would be happy to see her as the candidate for the top spot. I suspect that she will be a frontrunner for the VP spot if she does not get the nom, particularly if Hillary Rodham’s candidacy does not blow up. In that case, identity politics would dictate that there be a woman somewhere on the Republican ticket.

    Thanks for the reality check but I know how things are done. The question is: other than talk, where is the track record? and what have you heard that does qualify her?

    • #31
  2. Marion Evans Inactive
    Marion Evans
    @MarionEvans

    Johnny Dubya:“[S]he strong armed some banks into backing it, with threat of withholding other business from them.”

    Oh, for goodness sake, this is what CEOs do. Business ain’t tiddlywinks. Trust me, I work for a corporate and investment bank.

    Then you should know that a bank’s asset management arm has a fiduciary legally binding responsibility to do what is best for investors, right? Not what corporate finance or M&A i-bankers tell them what to do. Right?

    • #32
  3. Ball Diamond Ball Member
    Ball Diamond Ball
    @BallDiamondBall

    Even if she dorked up the merger — I don’t want America merged.  Ya-a-ay Carly!

    • #33
  4. Eeyore Member
    Eeyore
    @Eeyore

    One of my main criteria for the next President is that America’s enemies feel a little loose in the bowels when the President responds to threats. Currently, America’s enemies stomachs do hurt hearing from Obama, but that’s because they ache from laughter.

    I may be able to be convinced of other more important downsides, but, for the moment, she’s still on my list of possibles.

    • #34
  5. She Member
    She
    @She

    Marion Evans:

    She:

    No matter what anyone thinks of Fiorina’s HP tenure, describing it as ‘ineffective’ is a bit of a stretch. It seems to me she was extraordinarily effective, with consequences to her actions that are still being felt today

    Some people just don’t like what she did, or the way she did it, is all.

    There’s a great deal of data to be found on both sides of this debate, information which has accumulated over the years and is readily available.

    Since they fired her, I’m not sure what Fiorina would have to ‘show’ for her time at HP.

    HP is still in business, though, and many technology companies, both large and small, of that era are not, and I think that is the point of many of her ‘carefully crafted sound bites.’

    What is your definition of effective? HP stock halved during her tenure, while the S&P 500 fell 15%, the Nasdaq fell 20%, and HP’s closest comp Dell rose 9%. Yes, she was ‘extraordinarily effective’ at implementing a strategy which was flawed.

    Which comp of HP is no longer in business? Dell is still in business. So are IBM, Lenovo, Canon, Sony, Acer…

    My definition of ‘effective’ is that she effected something.  If you believe that what she did during her stint as HP CEO had such an effect on their stock and their fortunes, then I think you’ll have to agree.

    In my book, “effective” may or may not mean “successful” or “good.”  We can debate about whether the effects she had were successful or good (either in the short-term or long-term), but not that she had them, I think.

    As to your other question, we can start with, umm . . . Compaq?  All the companies you mention have had their ups and downs, their stock splits, buy-ins and buy-outs.  I wouldn’t consider most of them to have been serious HP competition at the time we’re talking about.  If you read my comment, you’ll see I was talking about ‘technology companies, both large and small.’  I think there’s enough data out there to support what I’m saying if you Google around a bit, but I can think of Gateway and AST Reasearch to begin with.  3Com did not actually go out of business, but went from being a behemoth in the server market to almost nothing, and was bought by–HP–in 2009.

    As for Carly Fiorina, as I ‘ve said before, if she started her tenure as President by firing 30,000 federal employees, like she’s supposed to have done before, I think that would be a very good start.

    And perhaps effective.

    • #35
  6. Man With the Axe Inactive
    Man With the Axe
    @ManWiththeAxe

    Johnny Dubya: our current president apparently hadn’t even run a lemonade stand prior to his ascendance.

    It is my understanding that he tried to open up a lemonade stand but then his own regulators shut it down.

    • #36
  7. Marion Evans Inactive
    Marion Evans
    @MarionEvans

    She:

    Marion Evans:

    She:

    My definition of ‘effective’ is that she effected something. If you believe that what she did during her stint as HP CEO had such an effect on their stock and their fortunes, then I think you’ll have to agree.

    In my book, “effective” may or may not mean “successful” or “good.” We can debate about whether the effects she had were successful or good (either in the short-term or long-term), but not that she had them, I think.

    As to your other question, we can start with, umm . . . Compaq? All the companies you mention have had their ups and downs, their stock splits, buy-ins and buy-outs. I wouldn’t consider most of them to have been serious HP competition at the time we’re talking about. If you read my comment, you’ll see I was talking about ‘technology companies, both large and small.’ I think there’s enough data out there to support what I’m saying if you Google around a bit, but I can think of Gateway and AST Reasearch to begin with. 3Com did not actually go out of business, but went from being a behemoth in the server market to almost nothing, and was bought by–HP–in 2009.

    That is very amusing. Similarly, I am going to start calling myself effective at not doing something that I am expected to do, mainly because I have no clue how to do it.

    • #37
  8. Eeyore Member
    Eeyore
    @Eeyore

    Man With the Axe:

    Johnny Dubya: our current president apparently hadn’t even run a lemonade stand prior to his ascendance.

    It is my understanding that he tried to open up a lemonade stand but then his own regulators shut it down.

    The latest, however, is that he appointed one of his Chicago buddies as head of the FDA. Following that, he received a $500M minority green-energy grant for innovative lemon production techniques. It was all on-paper, however, and the company never actually produced anything before filing for bankruptcy due to “poor market conditions.”

    No-one has been able to find or account for any of the half-bil, however.

    • #38
  9. Johnny Dubya Inactive
    Johnny Dubya
    @JohnnyDubya

    The question is: other than talk, where is the track record? and what have you heard that does qualify her?

    With regard to track records, I suppose one could say the same about Carson or Trump.  We can all assess for ourselves whether we believe that attaining the highest levels of corporate leadership, becoming a respected and reknowned leader in the healthcare field, or inheriting one’s father’s real estate empire and becoming a reality TV star constitute achievement indicative of potential success in the top spot of the U.S. political arena.  With regard to Fiorina’s “talk”, I’ve seen her interviewed a number of times and I’m hard-pressed to recall anything she said that I disagreed with.  Therefore, by my own definition, she is brilliant.

    What if Ronald Reagan had not had a particularly successful governorship, or had not been governor at all?  Given his studies and beliefs, would he not have been just as successful a president?

    Then you should know that a bank’s asset management arm has a fiduciary legally binding responsibility to do what is best for investors, right? Not what corporate finance or M&A i-bankers tell them what to do. Right?

    As someone once said: “Thanks for the reality check but I know how things are done.”  Sometimes what is best for investors is for the bank to agree to do that which a customer has “strong-armed” the bank into doing.  Right?

    • #39
  10. Mr. Dart Inactive
    Mr. Dart
    @MrDart

    Mike H:Simple solution: Base who gets into the debate on Approval minus Disapproval ratings. One of the perks of this method is that Trump is relegated to where he belongs.

    Well, if you did that for the South Carolina Presidential Preference Primary using the latest SC polling you would eliminate: Christie, Graham, Paul, Pataki and Gilmore.

    Trump would be sitting pretty with a a +30 point favorable/ unfavorable. (+58/-28)

    But, if we threw out anyone who had a greater than 50% “no opinion” rating we could get rid of Kasich too!

    • #40
  11. She Member
    She
    @She

    Marion Evans:

    She:

    My definition of ‘effective’ is that she effected something. If you believe that what she did during her stint as HP CEO had such an effect on their stock and their fortunes, then I think you’ll have to agree.

    In my book, “effective” may or may not mean “successful” or “good.” We can debate about whether the effects she had were successful or good (either in the short-term or long-term), but not that she had them, I think.

    That is very amusing. Similarly, I am going to start calling myself effective at not doing something that I am expected to do, mainly because I have no clue how to do it.

    Glad to have provided you with a source of amusement.  I think you’re funny too.

    Time Magazine (who reads that anymore, anyway?) has used the same criteria I’m suggesting, for selecting its Man/Person/Thing of the Year for decades–“The M/P/T which most affected the events of the year, for better or worse.”  Because they believe in the effectiveness of the effect, no matter the affect, as well.

    Isn’t that hilarious??

    • #41
  12. Johnny Dubya Inactive
    Johnny Dubya
    @JohnnyDubya

    Regarding the allegation that Fiorina improperly pressured Deutsche Bank into voting in favor of the HP-Compaq merger, it is important to keep in mind that the Delaware Chancery Court judge who heard the case brought by Walter Hewlett found that he failed to prove that HP management improperly enticed or coerced the bank into supporting the deal.

    I have no doubt that Fiorina did exert pressure, but as I said before, it’s what CEOs do.  The Deutsche Bank decision-makers were big boys who considered the pros and cons and exercised their free will to reverse their decision.  No one had a gun to their heads.  They decided that the bank’s returns associated with supporting the transaction outweighed the risks.

    Whether or not you agree, with the benefit of hindsight, that Fiorina’s decisions were the right ones, it is clear that the woman has guts.  What happens when a U.S. president does not have the guts to stand up to the opposing side?  You get deals like the one with Iran.

    • #42
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