John Ransom

And the bad news just keeps coming for the Democrats and Obama.

After taking weeks of beat downs on jobs, class warfare and campaign cash from opponents and friends alike, Obama is starting argue publicly with himself even as new data shows that his campaign may be spiraling out of control in at least one battleground state. 

A day after reports that Romney and the Republicans raised more money than Obama and the Jets, a new poll of likely voters from a local Michigan polling firm shows Mitt Romney leading Barack Obama by one point in Michigan.

“[A]n EPIC-MRA poll of 600 likely Michigan voters,” writes the Detroit News, “showed Romney ahead of Obama 46 percent to 45 percent — within the 4 point margin of error. An April poll by the same firm showed Obama up by 4 percentage points, 47 percent to 43 percent. Romney has vowed to aggressively compete for Michigan, while Obama has visited the state 11 times and touted his rescue of General Motors Co. and Chrysler Group LLC as part of the $85 billion auto bailout.”

So the state that got more of the Obama federal funny money than any other agrees that it’s just not working.

“I saved GM”?

That’s not even working in Michigan, which is supposed to be the state most sympathetic to Obama’s economic policies.

But that’s not even the worst of it.

Things are so bad for Obama that Bill Clinton’s out working as a “surrogate” for Obama.

Memo to Obama: When you team up Bill Clinton with the word “surrogate,” someone in the end is getting screwed.

Afraid this time it’s you, buddy.  

“Last week, Clinton said GOP presidential challenger Mitt Romney,” reported FoxNews, “had a ‘sterling’ record at private equity firm Bain Capital, departing from efforts by Obama's campaign to criticize the Republican's experience there as having little to do with job creation.”

John Ransom

John Ransom is the Finance Editor for Townhall Finance, host of Ransom Notes Radio and you can catch more of the best money advice and monetary commentary by him daily 10am PT, 1pm ET at or on Comcast Cable


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