This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

How Perot '92 Will Affect Election 2012

It's made more difficult since Perot because the parties have been very good at inoculating themselves since Perot. They've come up with a vaccine against effective third-party runs. They've made some of the state rules for third parties require earlier deadlines if you're going to be on the ballot. In some cases they've made it so you can't change the candidate that you put on the ballot. They've changed the minimum numbers for the national debates so you have to poll a certain amount -- because Perot scored so well in the first debate that he moved up in the polls.

The two parties have changed the rules so that you have to show your hand early in the election so that they have a chance to beat you up along the way.

Getting on all 50 state ballots is an arcane procedure. You have to spend some money and you have to get a certain amount of signatures to get your name on the ballot in certain states. If you do that, you're going to be on everybody's radar. If [Steve] Forbes had not run as a Republican and was seen as an independent or if [New York City Mayor Michael] Bloomberg was out there today saying he had no intention of running but wanted to keep his name on the ballot just in case the country fell into a calamitous situation, he'd be talked about daily.

It's hard to be a self-candidate.

Portions of Perot's economic platform, especially his focus on the deficit, are still very much in vogue in 2012. Did Perot's ideas have any impact at all?

Barta: It's back with us, the deficit he called "the crazy aunt in the basement." It went away with Clinton as a result of Perot's campaign. He impacted the Clinton's presidency and Congress as well, because there was an effort to eliminate the deficit. Now it's returned.

From that standpoint, he was successful in achieving that goal even though he wasn't the one to do it. It resulted, I think, from his presidential campaign. He put it on the table, and that's what third-party candidates do: They put issues on the table that the mainstream candidate or whoever's elected picks up because they've identified those issues.

5 of 9

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,945.22 -138.58 -0.81%
S&P 500 1,977.45 -10.53 -0.53%
NASDAQ 4,446.3050 -25.8030 -0.58%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs