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DiabloViejo
08-17-2012, 09:22 PM
<span style='font-size: 17pt'>Paul Ryan Slams Obama For Not Saving Auto Plant That Closed Under Bush</span>
BENJY SARLIN AUGUST 17, 2012, 11:45 AM
TPM.com (http://2012.talkingpointsmemo.com/2012/08/paul-ryan-slams-obama-for-not-saving-auto-plant----in-2008.php)

http://talkingpointsmemo.com/assets_c/2012/08/Ryan-Paul-8-16-12-cropped-proto-custom_28.jpg

Paul Ryan slammed President Obama on Thursday for failing to rescue an auto factory in his Wisconsin district — one that closed in 2008, under President George W. Bush.

The latest attack highlights the complicated politics of the auto rescue for Ryan, who was one of only a handful of Republicans to vote in favor of the 2008 bailout that President Bush signed as a stopgap measure to prevent the industry from going under.

“I remember President Obama visiting it when he was first running, saying he’ll keep that plant open,” Ryan said in Ohio Thursday, describing the shuttered GM factory in Janesville, Wis. “One more broken promise.”

Ryan blamed rising gas prices under Obama for the closing. He echoed the complaint in an interview with a local ABC affiliate, suggesting it showed that Obama’s auto rescue was a sham.

“It didn’t help Janesville,” he said. “They shut our plant down. It didn’t help Kenosha. I represent there; they shut down the Chrysler plant.”

The Detroit News noted that Obama said during a visit in early 2008 that government help and some restructuring could keep the plant open. But after the financial crisis and a collapse in demand for the SUVs the factory produced, it shut down in December 2008 in the waning days of Bush’s second term. It’s still owned by GM, but has been closed ever since.

That factory’s demise, as well as other subsequent closings, were a major economic blow to the region even as the broader national industry bounced back. Wisconsin’s federal lawmakers and the local auto workers pushed the administration in 2009 to divert funds and work with Chrysler and GM to save the area’s plants.

Both Ryan and Romney have unconventional positions on the auto bailout, although they reached them from different directions. In 2008, Ryan supported the Bush loans that Romney famously opposed in an editorial titled “Let Detroit Go Bankrupt.”

“What I voted for was to prevent a worse bailout,” Ryan told ABC9, claiming that he was afraid the president would use TARP money to go through with the plan if Congress didn’t direct funding itself. It was a view that few of his fellow Republicans in districts that didn’t include auto plants shared at the time — 150 Republicans voted against the bill, while 32 Republicans, mostly in similar auto-dependent districts, voted in favor of it.

Obama used the time bought by the bill to craft his own 2009 rescue plan, which industry leaders have hailed as the start of their successful turnaround. The president has since made their return to profitability a central theme of his re-election campaign.

But if Ryan’s newest take seems to be that the rescue failed, Romney has offered vague hints that he’d have acted similarly to rescue car companies from liquidation if necessary. He has also attacked Obama for not going far enough in aiding car dealerships.

This post has been updated.

Gayle in MD
08-18-2012, 12:08 AM
Does this Ryan MORON ever tell the truth?

Ryan and Romney are the best dance team around!

They are so good at synchronized spinning they should go on Dancing With The Stars!

G.

Soflasnapper
08-18-2012, 01:26 PM
He reminds me of another past Republican Chairman of the House Budget Committee, John Kasich.

I used to think Kasich was ok, and maybe a good public servant. Perhaps wrong on some things, but an honorable man struggling in good faith to get it right.

He later dashed my hopes for him with a totally lie-filled presentation on MTP, where Alice Rivlin revealed his mendacity to the nation and the scales fell from my eyes concerning him.

Ryan is of that kind as well. His honor and decency bona fides do not live up to his carefully cultivated image.

Sadly for him, in this white hot spotlight of national attention, it is all coming out, to his eternal disgrace.

Gayle in MD
08-18-2012, 01:32 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">He reminds me of another past Republican Chairman of the House Budget Committee, John Kasich.

I used to think Kasich was ok, and maybe a good public servant. Perhaps wrong on some things, but an honorable man struggling in good faith to get it right.

He later dashed my hopes for him with a totally lie-filled presentation on MTP, where Alice Rivlin revealed his mendacity to the nation and the scales fell from my eyes concerning him.

<span style="color: #990000">I remember that! </span>

Ryan is of that kind as well. His honor and decency bona fides do not live up to his carefully cultivated image.

Sadly for him, in this white hot spotlight of national attention, it is all coming out, to his eternal disgrace. </div></div>

<span style="color: #990000">One is as bad as the other!

G. </span>

Gayle in MD
08-18-2012, 08:30 PM
From 2011:



<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> Dean Baker
Co-Director of the Center for Economic and Policy Research

Representative Ryan Puts the Republicans on the Record




For years people have accused the Republican Party of being the servants of the rich and powerful at the expense of the broader public. In the past, they would deny this charge and claim that they just had a different view of how the economy works.

Republican House Budget Committee Chairman Paul Ryan sought to eliminate any confusion on this point. He proposed, and last week the Republican House approved, a budget bill that will transfer tens of trillions (yes, that is "trillions" with a "T") of dollars from ordinary working people to the insurance industry, the pharmaceutical industry and generic rich people from any industry. This money will come in the form of higher payments by seniors in their old age for health insurance and another round of tax breaks for the country's richest people.

The Medicare story is the bigger transfer here. Representative Ryan wants to replace the current Medicare system with a voucher system. The size of the voucher in Ryan's plan is held even with the overall rate of inflation. This means that it will not rise at anywhere near the rate of projected health care cost growth. As a result, a greater portion of the cost of health care will be shifted from the government to retirees.

However, this is the less important part of the story. The main reason that retiree health care costs will increase is that the private sector is less efficient at delivering care than the existing Medicare program. The Congressional Budget Office (CBO) projects that, under the Ryan plan, the increase in the cost of buying Medicare equivalent policies would be more than $30 trillion over Medicare's planning horizon.

This additional waste comes to almost $100,000 for every man, woman, and child in the country. It is approximately equal to six times the size of the projected Social Security shortfall. This waste is a direct transfer from retirees to the insurance industry and the health care industry.

This is not the only way that Representative Ryan and the Republicans dip into the pockets of ordinary workers for the benefit of the obscenely rich. He also wants to give an additional $2.9 trillion in tax breaks to the wealthy over the next decade. These tax breaks would be paid for with cuts to Medicaid, Food Stamps and other programs that middle-income and poor people depend upon.

The tax breaks would be real money for the people who get them. For example, Representative Ryan's tax breaks could give Lloyd Blankfein, the CEO of Goldman Sachs, another $3 million a year based on his $20 million annual paycheck. That's the equivalent of more than 2,600 monthly Social Security checks.

Representative Ryan and the Republicans in Congress are likely to justify their budget by saying that they believe that their health care plan will hold down costs and their tax cuts will spur economic growth. While we can never know what politicians believe, we do know that these are not plausible stories.

We have already tested expanding the role of private insurers in the Medicare system. We did this in the 90s when the Gingrich Congress pushed through their Medicare Plus Choice plan. We did it again more recently with the Medicare Advantage program that was promoted by President Bush. These plans did not lower costs; they raised them. That is the basis for the non-partisan CBO's projections that the Ryan plan will raise costs.

Similarly, Representative Ryan and the Republicans claim that tax cuts for the wealthy will spur growth. We have also twice tested this one. The first time was when President Reagan gave us big tax breaks beginning in 1981. The 80s were the worst decade of growth since the Great Depression, prior to the 00s, when President Bush tested his tax cuts for the wealthy. Certainly the economy's bad performance during these decades cannot be blamed solely on the tax breaks for the wealthy, but it is a bit hard to maintain tax cuts to the wealthy gave a big boost to growth in these years.

While Representative Ryan and the Republicans may actually believe that giving private insurers more control over health care lowers costs and that cutting taxes for the rich increases growth, who cares? These people may believe that the moon is made of green cheese, but this does not make the green cheese theory true or even plausible.

<span style='font-size: 14pt'>We have extensively tested both parts of the Ryan transfer program to the wealthy, and they don't work as he claims. They redistribute money to the rich: end of story. Thanks to Representative Ryan we have the Republican Party on record as supporting these massive transfers to the wealthy. We just have to hope that the Democratic Party takes a different position. </span></div></div>


<span style="color: #990000">And they did. </span>

<span style="color: #660000">Also:</span>

http://www.msnbc.msn.com/id/21134540/vp/42693475#42693475

<span style="color: #990000">Good thing Ryan and Romney keep plenty of thugs near by to deny people their right to speak out, or demonstrate against their policies.

Their Repiglican Florida cabal have gone to unprecedented protectionism for their Tampa Campaign Rally, after learning that hundreds of out of work American workers who were thrown out of their jobs, and deprived of their health care and pensions, by Bain Capital, are planning to demonstrate in Tampa!

Excerpt:</span>


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Although Romney left Bain around the turn of the century -- pinpointing the exact year is difficult, which has itself become a source of controversy -- he maintains financial ties to the company, receiving millions of dollars annually in profits from buyout and investment funds. Which means that Romney stands to gain if Bain's plan to cut costs at Sensata by eliminating U.S. jobs succeeds in increasing profitability.

Needless to say, such an arrangement strikes the company's current employees as deeply unjust. "I understand business needs to make a profit," Tom Gualrapp told The Guardian. "But this product has always made a ton of money. it's just that they think it is not enough money. They are greedy." Gaulrapp, 54, is a 33 year veteran of the plant, and says that homelessness "is a real possibility" in his near future.

Bain has already quadrupled its initial 2006 investment in Sensata, The Guardian says. The closing of the Freeport plant will cost the city 170 well-paying jobs, further damaging an already enfeebled economy. The process of transferring the machinery to China will be complete by the end of the year.

Still, the workers are keeping up the fight to save their livelihoods. Having already hand-delivered a letter asking for Romney's support to campaign headquarters in Madison, Wis., they're now planning to protest at the Republican National Convention, to be held in Tampa, Fla., at the end of the month.




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http://billiardsdigest.com/forums/ubbthreads.php?ubb=showflat&Number=395209#Post395209

<span style="color: #660000">G. </span>