From The New York Times -- August 11, 2012:
EDITORIAL: Mr. Ryan’s Cramped Vision
Mitt Romney’s safe and squishy campaign just took on a much harder edge. A candidate of no details — I’ll cut the budget but no need to explain just how — has named a vice-presidential running mate, Paul Ryan, whose vision is filled with endless columns of minus signs. Voters will now be able to see with painful clarity just what the Republican Party has in store for them.
As House Budget Committee chairman, Mr. Ryan has drawn a blueprint of a government that will be absent when people need it the most. It will not be there when the unemployed need job training, or when a struggling student needs help to get into college. It will not be there when a miner needs more than a hardhat for protection, or when a city is unable to replace a crumbling bridge.
And it will be silent when the elderly cannot keep up with the costs of M.R.I.’s or prescription medicines, or when the poor and uninsured become increasingly sick through lack of preventive care.
More than three-fifths of the cuts proposed by Mr. Ryan, and eagerly accepted by the Tea Party-driven House, come from programs for low-income Americans. That means billions of dollars lost for job training for the displaced, Pell grants for students and food stamps for the hungry. These cuts are so severe that the nation’s Catholic bishops raised their voices in protest at the shredding of the nation’s moral obligations.
Mr. Ryan’s budget “will hurt hungry children, poor families, vulnerable seniors and workers who cannot find employment,” the bishops wrote in an April letter to the House. “These cuts are unjustified and wrong.”
Mr. Ryan responded that he was helping the poor by eliminating their dependence on the government. And yet he has failed to explain how he would make them self-sufficient — how, in fact, a radical transformation of government would magically turn around an economy that is starving for assistance. At a time when state and local government layoffs are the principal factor in unemployment, the Ryan budget would cut aid to desperate governments by at least 20 percent, far below historical levels, on top of other cuts to mass transit and highway spending.
Those are the kinds of reductions voters of all income levels would actually feel. People might nod their heads at Mr. Romney’s nostrums of smaller government, but they are likely to feel quite different when they realize Mr. Ryan plans to take away their new sewage treatment plant, the asphalt for their streets, and the replacements for retiring police officers and firefighters.
All of this will be accompanied, of course, by even greater tax giveaways to the rich, and extravagant benefits to powerful military contractors. Business leaders will be granted their wish for severely diminished watchdogs over the environment, mine safety and food quality.
Mr. Romney had already praised the Ryan budget as “excellent work,” but until Saturday the deliberate ambiguity of his own plans gave him a little room for distance, an opportunity to sketch out a more humane vision of government’s role. By putting Mr. Ryan’s callousness on his ticket, he may have lost that chance.
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http://www.the-richmonder.com/2012/08/paul-ryan-traded-on-insider-information.html
Paul Ryan traded on insider information to avoid 2008 crash
It should probably come as no surprise to anyone that someone like Paul Ryan would trade on inside information gained through his position as a congressman to line his pockets, but this particular instance is especially egregious. Ryan attended a closed meeting with congressional leaders, Bush's Treasury Secretary Henry Paulson, and Federal Reserve Chairman Ben Bernanke on September 18, 2008. The purpose of the meeting was to disclose the coming economic meltdown and beg Congress to pass legislation to help collapsing banks.
Instead of doing anything to help, Ryan left the meeting and on that very same day Paul Ryan sold shares of stock he owned in several troubled banks and reinvested the proceeds in Goldman Sachs, a bank that the meeting had disclosed was not in trouble. This is the guy Republicans want one heartbeat away from the presidency? He seems more than a little shady to me.
Have a look at Ryan's financial disclosure form for 2008--you can click on each page to enlarge them. The "Transactions" section begins on page 12--scroll through and look at all the trades Paul Ryan made on "9-18-08":
For the record, at the conservative "Defending the American Dream Summit" in Washington, Grover Norquist said the following:
"All we have to do is replace Obama. ... We are not auditioning for fearless leader. We don't need a president to tell us in what direction to go. We know what direction to go.... We just need a president to sign this stuff....Pick a Republican with enough working digits to handle a pen to become president of the United States.... His job is to be captain of the team, to sign the legislation that has already been prepared."
As for *honest* Mitty, he said that he pays at least 13% in taxes.
WHAT taxes Mitty? Property Taxes, State Taxes, Gas taxes???
See how he avoids saying *INCOME Taxes*??
Mitty, who will believe you except for these dumb baggers who will vote against their own interests?
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