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National Polling Assessment
October 25 2012
Just over half of voters believe we’re on the wrong track…
     Do you think things in this country are generally going in the right direction or do
     you feel things have gotten pretty seriously off on the wrong track?                   Right Direction/
                                                                                             Wrong Track:




                                                                                            53%
                                                                                            Wrong Track


           CBS News poll, conducted October 17-20, 2012 n=1383 LVs, MoE = ± 3%




 Mercury. 2
…and Obama’s approval rating is at or near 50%...
     How would you rate the job Barack Obama has been doing as president: Do you
     approve or disapprove of the job he is doing?                                 Obama Job Approval




                                                                                    49%
                                                                                      Approve


         NBC/WSJ poll, conducted October 17-20, 2012 n=1,000 RVs, MoE = ± 3.1%




 Mercury. 3
…while his favorability edge over Romney…
     Is your overall opinion of Barack Obama very favorable, mostly favorable, mostly
     unfavorable, or very unfavorable?
                                                                                        Obama Favorable




                                                                                         52%
                                                                                          Favorable
                                                                                            (net +6)



       ABC/Washington Post poll, conducted October 18-21, 2012 n=1376 LVs, MoE = ± 3%




 Mercury. 4
…has disappeared in the last month of the campaign.
    Is your overall opinion of Mitt Romney very favorable, mostly favorable, mostly
    unfavorable, or very unfavorable?
                                                                                       Romney Favorable




                                                                                        50%
                                                                                         Favorable
                                                                                            (net +3)



      ABC/Washington Post poll, conducted October 18-21, 2012 n=1376 LVs, MoE = ± 3%




 Mercury. 5
Mitt Romney has a narrow lead in national polling…

              Recent Polls                       RCP Average



                                                47.1 - 47.7
                Source: RealClearPolitics.com




                                                   Source: RealClearPolitics.com




                   Source: Gallup.com


 Mercury. 6
…though markets still favor Obama. Why the disparity?

                                         Intrade:
                                     Obama Re-Election




                                     59.7%
                                         October 25




 Mercury. 7
Because Romney faces tough odds if he cannot win Ohio.

              Electoral College Outlook
                   270 Needed to Win | Swing States in Purple

                                                                       Obama

                                                                      196 EVs
                                                                            +
                                                                  New Mexico (5)
                                                                            +
                                                                    Michigan (16)
                                                                            +
                                                                 Pennsylvania (20)
                                                                -------------------------
                                                                            -
                                                                       237 EVs


                                                                      Romney

                                                                       159 EVs
                                                                            +
                                                                    Arizona (11)
                                                                            +
                                                                    Missouri (10)
                                                                            +
                                                                     Indiana (11)
                                                                            +
                                                                North Carolina (15)
                                                                -------------------------
                                                                            -
                                                                       206 EVs


 Mercury. 8
Key Ohio Numbers at a Glance

  RCP Average - OH
                                            Intrade
    47.9 - 45.8
                                      60.0%
                                       Obama Victory

                         18 EVs
                                         RCP Average
                                           (Senate)
        2008 Results
                                  47.4 - 42.2
    52% - 47%
                               Sherrod Brown (inc.)   Josh Mandel
 Mercury. 9
Romney has closed the favorability gap in Ohio…

               Ohio                    Obama Favorable


                                              50%    Favorable
                                                           (net +4)




                                      Romney Favorable


                                              50%    Favorable
                                                           (net +5)


                                         Suffolk University poll, conducted October 18-21, 2012
                                                        n=600 LVs, MoE = ± 4%


 Mercury. 10
…but not yet enough to overtake Obama.

               Ohio

                                          2012 Ballot

                                    47% - 47%



                                         Suffolk University poll, conducted October 18-21, 2012
                                                        n=600 LVs, MoE = ± 4%




 Mercury. 11
Key Virginia Numbers at a Glance

   RCP Average - VA
                                          Intrade
    48.0 - 48.0
                                    54.1%
                                     Romney Victory
                            13
                            EVs        RCP Average
                                         (Senate)
         2008 Results
                                   47.0 - 46.0
     53% - 46%
                                   Tim Kaine   George Allen

 Mercury. 12
Virginia is a similar story…

               Virginia        Obama Favorable


                                       50%   Favorable
                                                   (net +2)




                               Romney Favorable


                                       50%   Favorable
                                                   (net +3)


                                  Mellman Group poll for Americans United for Change,
                                conducted October 18-21, 2012 n=800 LVs, MoE = ± 3.5%


 Mercury. 13
…though Obama trails in only few polls.

               Virginia

                                             2012 Ballot

                                          46% - 45%



                                            Mellman Group poll for Americans United for Change,
                                          conducted October 18-21, 2012 n=800 LVs, MoE = ± 3.5%




 Mercury. 14
Key Florida Numbers at a Glance

   RCP Average - FL
                                              Intrade
    47.0 - 48.7
                                       70.2%
                                        Romney Victory


                       28 EVs              RCP Average
                                             (Senate)
         2008 Results
                                  47.0 - 41.5
     51% - 48%
                                  Bill Nelson (inc.)   Connie Mack IV

 Mercury. 15
Romney is starting to run away with Florida…

               Florida                 Obama Favorable


                                             51%   Favorable
                                                         (net +6)




                                      Romney Favorable


                                             55%   Favorable
                                                        (net +15)


                                           FOX News poll, conducted October 17-18, 2012
                                                   n=1130 LVs, MoE = ± 3.1%


 Mercury. 16
…allowing the campaign to focus resources elsewhere.

               Florida

                                         2012 Ballot

                                     45% - 48%



                                          FOX News poll, conducted October 17-18, 2012
                                                  n=1130 LVs, MoE = ± 3.1%




 Mercury. 17
Key Wisconsin Numbers at a Glance

   RCP Average - WI
                                             Intrade
    49.5 - 46.8
                                        71.0%
                                         Obama Victory
                           10
                           EVs
                                          RCP Average
                                            (Senate)
         2008 Results
                                    46.8 - 46.0
     56% - 42%
                                    Tammy Baldwin   Tommy Thompson
 Mercury. 18
However, Wisconsin remains an uphill battle for Romney…

               Wisconsin              Obama Favorable


                                             53%   Favorable
                                                         (net +9)




                                     Romney Favorable


                                             47%   Favorable
                                                         (net +0)


                                        NBC/WSJ/Marist poll, conducted October 15-17, 2012
                                                  n=1013 LVs, MoE = ± 3.1%


 Mercury. 19
…as Obama continues to lead despite Paul Ryan on the ticket.

               Wisconsin

                                           2012 Ballot

                                      51% - 45%



                                          NBC/WSJ/Marist poll, conducted October 15-17, 2012
                                                    n=1013 LVs, MoE = ± 3.1%




 Mercury. 20
Key New Hampshire Numbers at a Glance

  RCP Average - NH
                                        Intrade
    48.2 - 47.4
                                   55.1%
                                    Obama Victory
                           4
                          EVs
                                    RCP Average
                                      (Senate)
         2008 Results

     54% - 44%                          None

 Mercury. 21
Key Nevada Numbers at a Glance

   RCP Average - NV
                                            Intrade
    49.5 - 46.8
                                     75.1%
                                       Obama Victory
                         6 EVs
                                         RCP Average
                                           (Senate)
         2008 Results
                                 45.8 - 41.0
     55% - 43%
                                 Dean Heller (inc.)   Shelley Berkley
 Mercury. 22
Key Colorado Numbers at a Glance

  RCP Average - CO
                                     Intrade
    47.6 - 47.8
                                   53.4%
                                   Romney Victory

                          9 EVs
                                    RCP Average
                                      (Senate)
         2008 Results

     54% - 45%                        None

 Mercury. 23
Key Iowa Numbers at a Glance

    RCP Average - IA
                                   Intrade
    48.8 - 46.8
                                  63.0%
                                  Obama Victory

                          6 EVs
                                  RCP Average
                                    (Senate)
         2008 Results

     54% - 44%                       None

 Mercury. 24
Republicans can pick up one to three Senate seats…

                             State of the Senate
               Likely DEM     Lean DEM         Toss-Up       Lean GOP   Likely GOP
                 Hawaii       Connecticut    Massachusetts    Arizona    Nebraska
                  (Open)         (Open)         (Brown)       (Open)      (Open)
                 Maine          Florida        Montana        Indiana
                  (Open)        (Nelson)        (Tester)      (Open)
                Michigan       Missouri         Nevada
                (Stabenow)     (McCaskill)      (Heller)
               New Mexico        Ohio        North Dakota
                  (Open)        (Brown)         (Open)
                                                Virginia
                                                (Open)
                                               Wisconsin
                                                (Open)




 Mercury. 25
… though control of the chamber requires running the table.

                                    Latest Senate Polling
                                                                                                              Massachusetts:

                                                                                     Wisconsin:                Brown (R): 44%
                                                                                                               Warren (D): 50%
                                                                                  Baldwin (D): 47%          (WBUR/MassINC, 10/21-22,
        Montana:                                                                 Thomspon (R): 45%                 n=516 LV)
     Tester (D): 48%                                                              (Mason-Dixon, 10/15-17,
                                                                                        n=625 LV)
    Rehberg (R): 48%
 (Rasmussen, 10/14, n=500 LV)




                                                                                                               Connecticut:
                                                                                                             Murphy (D): 49%
                                            North Dakota:                                                   McMahon (R): 43%
                                                                                                              (Quinnipiac, 10/9-22,
                                          Heitkamp (D): 40%                                                        n=1412 LV)
                                            Berg (R): 50%
                                     (Forum/Essman, 10/12-15, n=500 LV)



                                                                                                               Virginia:
                                                                                                            Kaine (D): 49%
           Nevada:                                                                                          Allen (R): 48%
        Heller (R): 46%                                                                                     (Rasmussen, 10/18,
                                                                                                                n=500LV)
       Berkley (D): 40%
  (SurveyUSA, 10/11-15, n=806 LV)

                                                        Missouri:
                                                                                     Florida:
                                                    McCaskill (D): 51%
                                                      Akin (R): 45%              Nelson (D): 45%
                                                  (Rasmussen, 9/2, n=500 LV)      Mack (R): 41%
                                                                               (PPP, 10/17-18, n=800 LV)

 Mercury. 26
National Polling Assessment
                                                  October 25 2012

                            Kieran Mahoney                                Kirill Goncharenko
                                  CEO                                           President
                     New York, NY | kmahoney@mercuryllc.com        New York, NY | kgoncharenko@mercuryllc.com


     Senator James Talent                     Hon. Fernando Ferrer                        Hon. Fabian Nunez
        Co-Chairman                              Co-Chairman                                   Partner
  Washington, DC| jtalent@mercuryllc.com    New York, NY | fferrer@mercuryllc.com     Sacramento, CA| fnunez@mercuryllc.com


       Hon. Max Sandlin                          Thomas Doherty                             Michael McKeon
         Co-Chairman                                Partner                                     Partner
 Washington, DC | msandlin@mercuryllc.com    Albany, NY | tdoherty@mercuryllc.com     New York, NY | mmckeon@mercuryllc.com


      Adam Mendelsohn                           Michael DuHaime                              Hon. Vin Weber
          Partner                                   Partner                                     Partner
Sacramento, CA| amendelsohn@mercuryllc.com Westfield, NJ| mduhaime@mercuryllc.com         Washington, DC | vin@cwdc.com
  Mercury. 27

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Mcw national assessment october 25 2012

  • 2. Just over half of voters believe we’re on the wrong track… Do you think things in this country are generally going in the right direction or do you feel things have gotten pretty seriously off on the wrong track? Right Direction/ Wrong Track: 53% Wrong Track CBS News poll, conducted October 17-20, 2012 n=1383 LVs, MoE = ± 3% Mercury. 2
  • 3. …and Obama’s approval rating is at or near 50%... How would you rate the job Barack Obama has been doing as president: Do you approve or disapprove of the job he is doing? Obama Job Approval 49% Approve NBC/WSJ poll, conducted October 17-20, 2012 n=1,000 RVs, MoE = ± 3.1% Mercury. 3
  • 4. …while his favorability edge over Romney… Is your overall opinion of Barack Obama very favorable, mostly favorable, mostly unfavorable, or very unfavorable? Obama Favorable 52% Favorable (net +6) ABC/Washington Post poll, conducted October 18-21, 2012 n=1376 LVs, MoE = ± 3% Mercury. 4
  • 5. …has disappeared in the last month of the campaign. Is your overall opinion of Mitt Romney very favorable, mostly favorable, mostly unfavorable, or very unfavorable? Romney Favorable 50% Favorable (net +3) ABC/Washington Post poll, conducted October 18-21, 2012 n=1376 LVs, MoE = ± 3% Mercury. 5
  • 6. Mitt Romney has a narrow lead in national polling… Recent Polls RCP Average 47.1 - 47.7 Source: RealClearPolitics.com Source: RealClearPolitics.com Source: Gallup.com Mercury. 6
  • 7. …though markets still favor Obama. Why the disparity? Intrade: Obama Re-Election 59.7% October 25 Mercury. 7
  • 8. Because Romney faces tough odds if he cannot win Ohio. Electoral College Outlook 270 Needed to Win | Swing States in Purple Obama 196 EVs + New Mexico (5) + Michigan (16) + Pennsylvania (20) ------------------------- - 237 EVs Romney 159 EVs + Arizona (11) + Missouri (10) + Indiana (11) + North Carolina (15) ------------------------- - 206 EVs Mercury. 8
  • 9. Key Ohio Numbers at a Glance RCP Average - OH Intrade 47.9 - 45.8 60.0% Obama Victory 18 EVs RCP Average (Senate) 2008 Results 47.4 - 42.2 52% - 47% Sherrod Brown (inc.) Josh Mandel Mercury. 9
  • 10. Romney has closed the favorability gap in Ohio… Ohio Obama Favorable 50% Favorable (net +4) Romney Favorable 50% Favorable (net +5) Suffolk University poll, conducted October 18-21, 2012 n=600 LVs, MoE = ± 4% Mercury. 10
  • 11. …but not yet enough to overtake Obama. Ohio 2012 Ballot 47% - 47% Suffolk University poll, conducted October 18-21, 2012 n=600 LVs, MoE = ± 4% Mercury. 11
  • 12. Key Virginia Numbers at a Glance RCP Average - VA Intrade 48.0 - 48.0 54.1% Romney Victory 13 EVs RCP Average (Senate) 2008 Results 47.0 - 46.0 53% - 46% Tim Kaine George Allen Mercury. 12
  • 13. Virginia is a similar story… Virginia Obama Favorable 50% Favorable (net +2) Romney Favorable 50% Favorable (net +3) Mellman Group poll for Americans United for Change, conducted October 18-21, 2012 n=800 LVs, MoE = ± 3.5% Mercury. 13
  • 14. …though Obama trails in only few polls. Virginia 2012 Ballot 46% - 45% Mellman Group poll for Americans United for Change, conducted October 18-21, 2012 n=800 LVs, MoE = ± 3.5% Mercury. 14
  • 15. Key Florida Numbers at a Glance RCP Average - FL Intrade 47.0 - 48.7 70.2% Romney Victory 28 EVs RCP Average (Senate) 2008 Results 47.0 - 41.5 51% - 48% Bill Nelson (inc.) Connie Mack IV Mercury. 15
  • 16. Romney is starting to run away with Florida… Florida Obama Favorable 51% Favorable (net +6) Romney Favorable 55% Favorable (net +15) FOX News poll, conducted October 17-18, 2012 n=1130 LVs, MoE = ± 3.1% Mercury. 16
  • 17. …allowing the campaign to focus resources elsewhere. Florida 2012 Ballot 45% - 48% FOX News poll, conducted October 17-18, 2012 n=1130 LVs, MoE = ± 3.1% Mercury. 17
  • 18. Key Wisconsin Numbers at a Glance RCP Average - WI Intrade 49.5 - 46.8 71.0% Obama Victory 10 EVs RCP Average (Senate) 2008 Results 46.8 - 46.0 56% - 42% Tammy Baldwin Tommy Thompson Mercury. 18
  • 19. However, Wisconsin remains an uphill battle for Romney… Wisconsin Obama Favorable 53% Favorable (net +9) Romney Favorable 47% Favorable (net +0) NBC/WSJ/Marist poll, conducted October 15-17, 2012 n=1013 LVs, MoE = ± 3.1% Mercury. 19
  • 20. …as Obama continues to lead despite Paul Ryan on the ticket. Wisconsin 2012 Ballot 51% - 45% NBC/WSJ/Marist poll, conducted October 15-17, 2012 n=1013 LVs, MoE = ± 3.1% Mercury. 20
  • 21. Key New Hampshire Numbers at a Glance RCP Average - NH Intrade 48.2 - 47.4 55.1% Obama Victory 4 EVs RCP Average (Senate) 2008 Results 54% - 44% None Mercury. 21
  • 22. Key Nevada Numbers at a Glance RCP Average - NV Intrade 49.5 - 46.8 75.1% Obama Victory 6 EVs RCP Average (Senate) 2008 Results 45.8 - 41.0 55% - 43% Dean Heller (inc.) Shelley Berkley Mercury. 22
  • 23. Key Colorado Numbers at a Glance RCP Average - CO Intrade 47.6 - 47.8 53.4% Romney Victory 9 EVs RCP Average (Senate) 2008 Results 54% - 45% None Mercury. 23
  • 24. Key Iowa Numbers at a Glance RCP Average - IA Intrade 48.8 - 46.8 63.0% Obama Victory 6 EVs RCP Average (Senate) 2008 Results 54% - 44% None Mercury. 24
  • 25. Republicans can pick up one to three Senate seats… State of the Senate Likely DEM Lean DEM Toss-Up Lean GOP Likely GOP Hawaii Connecticut Massachusetts Arizona Nebraska (Open) (Open) (Brown) (Open) (Open) Maine Florida Montana Indiana (Open) (Nelson) (Tester) (Open) Michigan Missouri Nevada (Stabenow) (McCaskill) (Heller) New Mexico Ohio North Dakota (Open) (Brown) (Open) Virginia (Open) Wisconsin (Open) Mercury. 25
  • 26. … though control of the chamber requires running the table. Latest Senate Polling Massachusetts: Wisconsin: Brown (R): 44% Warren (D): 50% Baldwin (D): 47% (WBUR/MassINC, 10/21-22, Montana: Thomspon (R): 45% n=516 LV) Tester (D): 48% (Mason-Dixon, 10/15-17, n=625 LV) Rehberg (R): 48% (Rasmussen, 10/14, n=500 LV) Connecticut: Murphy (D): 49% North Dakota: McMahon (R): 43% (Quinnipiac, 10/9-22, Heitkamp (D): 40% n=1412 LV) Berg (R): 50% (Forum/Essman, 10/12-15, n=500 LV) Virginia: Kaine (D): 49% Nevada: Allen (R): 48% Heller (R): 46% (Rasmussen, 10/18, n=500LV) Berkley (D): 40% (SurveyUSA, 10/11-15, n=806 LV) Missouri: Florida: McCaskill (D): 51% Akin (R): 45% Nelson (D): 45% (Rasmussen, 9/2, n=500 LV) Mack (R): 41% (PPP, 10/17-18, n=800 LV) Mercury. 26
  • 27. National Polling Assessment October 25 2012 Kieran Mahoney Kirill Goncharenko CEO President New York, NY | kmahoney@mercuryllc.com New York, NY | kgoncharenko@mercuryllc.com Senator James Talent Hon. Fernando Ferrer Hon. Fabian Nunez Co-Chairman Co-Chairman Partner Washington, DC| jtalent@mercuryllc.com New York, NY | fferrer@mercuryllc.com Sacramento, CA| fnunez@mercuryllc.com Hon. Max Sandlin Thomas Doherty Michael McKeon Co-Chairman Partner Partner Washington, DC | msandlin@mercuryllc.com Albany, NY | tdoherty@mercuryllc.com New York, NY | mmckeon@mercuryllc.com Adam Mendelsohn Michael DuHaime Hon. Vin Weber Partner Partner Partner Sacramento, CA| amendelsohn@mercuryllc.com Westfield, NJ| mduhaime@mercuryllc.com Washington, DC | vin@cwdc.com Mercury. 27