The trouble with my uncle, Rick Santorum  —  If you want another big-government politician who supports the status quo to run our country, you should vote for my uncle, Rick Santorum.  America is based on a strong belief in individual liberty.  My uncle's interventionist policies …

Workers of the World, Unite!  —  The Republican Party is the party of the white working class.  This group — whites with high school degrees and maybe some college — is still the largest block in the electorate.  They overwhelmingly favor Republicans.  —  It's a diverse group, obviously …

Gingrich: Mitt Romney is a liar  —  PLAY CBS NEWS VIDEO  —  Former House Speaker Newt Gingrich, whose support in Iowa has withered after riding on top of the polls, today called former Massachusetts Gov. Mitt Romney a liar who would lie to the American people if elected to the White House …

Santorum: States Should Have The Right To Outlaw Birth Control  —  Rick Santorum reiterated his belief that states should have the right to outlaw contraception during an interview with ABC News yesterday, saying, “The state has a right to do that, I have never questioned that the state has a right to do that.

God Tells Robertson that ‘Radical’ Obama will Bring Down America  —  Last year, Robertson claimed God told him that America's future will be bleak because of debt and divisions, and today on The 700 Club said that God again communicated to him that financial problems and partisan politics are going to bring America into decline.

Release deal for Taliban leaders at Guantánamo  —  US agrees in principle to releasing top officials from Afghanistan insurgent group in exchange for starting process of negotiations  —  The US has agreed in principle to release high-ranking Taliban officials from Guantánamo Bay …

Michelle Obama's backside is your business how?  —  Can you imagine how the incident would play out if an African American congressman made a crude remark about First Lady Laura Bush's body?  It certainly would have taken more than an insincere apology to wash that sin away.

Bad-Faith Journalism  —  PolitiFact tacks right, further illustrating why its approach is wrong.  —  It's not as eagerly awaited as Time's “Man of the Year” was back when people paid attention to Time, but PolitiFact's “Lie of the Year” nonetheless manages to generate a lot of chatter, aimed as it is at those who chatter for a living.

Krugman's response to Alex  —  You'll read it here, see also various (mostly weak) responses in the comments to Alex's original post.  Most of you, including Krugman, are missing Alex's point.  The issue is not that Krugman changed his mind (I've done that plenty, Alex too).

Meteor shower to kick off 2012  —  If you snooze you'll lose Wednesday morning, when a little known but active meteor shower will start 2012 for people stalwart enough to brave the chilly hours before dawn.  —  The Quadrantids, named for a now-extinct constellation, will be visible …

Iran warns U.S. carrier not to return to Persian Gulf  —  Handout/Reuters - Iranian naval ships take part in a naval parade on the last day of the Velayat-90 war game in the Sea of Oman near the Strait of Hormuz on Tuesday.  Iran's army chief has warned an American aircraft carrier not to return to the Persian Gulf.

RNC: Five states to lose half their delegates  —  The five states that bucked national Republican Party rules by moving up their primary or caucus dates have been penalized with the loss of half their delegates to the August nominating convention in Tampa, Fla. — and there is no chance they're getting them back.

New York City Police Arrest Suspect in String of Firebomb Attacks  —  Police arrested a suspect Tuesday in connection with the firebombing of an Islamic cultural center and four other New York City area sites.  —  The suspect confessed to five incidents in total, including the attack …

Wonkbook: How Keynes would explain Iowa  —  John Maynard Keynes famously likened playing the stock market to judging a beauty contest where, rather than choosing the most beautiful girl, you had to choose the girl you thought everyone else would choose as most beautiful.

Why Iowa gets to go first, and other facts about tonight's caucus  —  (Jessica Reilly) David Redlawsk is a political scientist at Rutgers University and co-author of “Why Iowa?  How Caucuses and Sequential Elections improve the Nominating Process.”  We spoke earlier today …

Huckabee: Rs more interested in defeating Obama than in rebuilding USA (audio)  —  Former Arkansas Governor Mike Huckabee, victor in the 2008 Iowa Caucuses, called into the Radio Iowa newsroom this morning for a chat.  I'll be posted snippets over the next few hours.

Romney Gets More Tart on Newt with Sean  —  On Hannity's radio show Tuesday afternoon, Bay Stater says, “Newt's obviously a very angry person.”  —  Ex-MA Guv: “I'm glad that Newt is no longer relentlessly positive.  Now apparently he's going to try the relentlessly negative.

Perry: ‘This is Omaha Beach’  —  WEST DES MOINES, Iowa — With a sense of history on the biggest political day — to date — of the 2012 cycle, Texas Gov. Rick Perry today compared the GOP's quest to defeat President Barack Obama to one of the deadliest battles of the D-Day landings in Normandy in 1944.

TPMDC  —  Obama Misses Key Window For Empowering Top Consumer Watchdog  —  Today was the day that legal experts and many aides in both parties thought President Obama would provide a recess appointment to Richard Cordray, his nominee to administer the new Consumer Financial Protection Bureau.

Wasserman Schultz: Clinton ‘absolutely’ won't be on 2012 ticket  —  Rep. Debbie Wasserman Schultz (D-Fla.), in no uncertain terms, shot down the possibility that Secretary of State Hillary Clinton would be on the 2012 Democratic presidential ticket alongside President Obama.

Gingrich: I 'Wouldn't Make Exceptions' For Abortions In Cases Of Rape Or Incest  —  Newt Gingrich explicitly told a voter in Iowa this afternoon that he opposes all abortions, even in cases of rape and incest, joining fellow GOP presidential candidates Rick Santorum, Michele Bachmann …

US Closes 2011 With Record $15.22 Trillion In Debt, Officially At 100.3% Debt/GDP, $14 Billion From Breaching Debt Ceiling  —  While not news to Zero Hedge readers who knew about the final debt settlement of US debt about 10 days ahead of schedule, it is now official: according to the US Treasury …