Archive for Friday, August 10, 2012

AP source: Romney picks Ryan for running mate

August 10, 2012, 11:56 p.m. Updated August 11, 2012, 12:30 a.m.


— Republican presidential candidate Mitt Romney has picked Wisconsin congressman Paul Ryan to be his running mate, according to a Republican with knowledge of the development. The newly minted GOP ticket will appear together Saturday in Norfolk, Va., at the start of a four-state bus tour to introduce the GOP ticket to the nation.

The official spoke to The Associated Press on condition of anonymity because this person was not authorized to disclose the decision.

In a statement issued Friday night, Romney’s campaign would say only that the running mate would be revealed at 9 a.m. EDT at the Nauticus Museum. Berthed at the museum is the USS Wisconsin — which offered a hint about Romney’s choice.

In the final hours before Romney’s team issued the statement, all signs seemed to point to Ryan, the seven-term Wisconsin congressman whose nomination could help assuage the conservative base of the party that has been reluctant to fully embrace Romney.

In recent days, conservative pundits have been urging Romney to choose Ryan in large part because of his authorship of a House-backed budget plan that seeks to curb overall entitlement spending and changes Medicaid into a voucher-like system to save costs.

On Thursday, Romney fueled the buzz around Ryan, telling NBC that he wants a vice president with “a vision for the country, that adds something to the political discourse about the direction of the country.”

Several Republicans took that as an indication that Ryan had shot to the top of a shortlist said to include Ohio Sen. Rob Portman and former Minnesota Gov. Tim Pawlenty. Neither of those Republicans had plans to be in Virginia on Saturday.

Romney’s completion of the GOP ticket comes as he tries to repair an image damaged by negative Democratic advertising and shift the trajectory of a campaign that’s seen him lose ground to President Barack Obama. The vice presidential selection will dominate headlines, and Romney’s team has been relentlessly teasing the announcement for weeks.

Ryan, 42, is viewed by some in the Republican Party as a bridge between the buttoned-up GOP establishment and a riled-up tea party movement that has never warmed to Romney.

As the chairman of the House Budget Committee, Ryan could help Romney make the argument that only the GOP ticket knows how to turn around a nation in the midst of a sluggish economic recovery. As talk about Ryan swirled this week, Democrats have been castigating Romney for embracing the Ryan-sponsored budget proposal that critics say is painful to the poor and elderly. It was a sign of the line of attack to come.

The move also now links Romney directly with House Republicans, including no-compromise tea partyers who have pressed for deep spending cuts. Obama has been casting House Republicans as an impediment to progress in the often-gridlocked Washington.

At the same time, Ryan on the ticket could help Romney become more competitive in Wisconsin, a state Obama won handily four years ago but that could be much tighter this November.

Adding fuel to the speculation, Romney’s son Tagg also joined Ryan at a funeral for victims of the Wisconsin Sikh temple shooting with Ryan on Friday, though the younger Romney said he is planning to campaign in New Hampshire over the weekend and is not attending the bus tour. And a plane was tracked Friday on a flight from Boston to Janesville, Wis., where Ryan lives.

The Wall Street Journal, in an editorial on Thursday, praised Ryan as a strong choice for Romney: “The case for Mr. Ryan is that he best exemplifies the nature and stakes of this election. More than any other politician, the House budget chairman has defined those stakes well as a generational choice about the role of government and whether America will once again become a growth economy or sink into interest-group dominated decline.”

Party officials say Republican National Committee Chairman Reince Priebus has been convinced for days that Romney had settled on Ryan, according to multiple people who spoke with the chairman. Priebus, who, like Ryan, is from Wisconsin, was expected to attend Saturday morning’s announcement.

Outside Ryan’s home in Janesville, there were no cars in the vicinity with government plates. An Associated Press reporter knocked on the door to his home three times and go no answer just before midnight local time. There was a light on in a first-floor room of the two-story brick home atop a hill.

Earlier this week, a Ryan adviser said the family, including the congressman, was preparing for a weeklong vacation to Colorado that was to begin Saturday.

Pawlenty was maintaining his Saturday schedule campaigning for Romney in New Hampshire, an official close to Pawlenty’s political team said. The person spoke on the condition of anonymity because the person was not authorized to speak ahead of the formal announcement.

Most of Romney’s staff learned of the looming announcement during a 10 p.m. EDT conference call Friday about an hour before the campaign issued a statement. The identity of Romney’s pick was not disclosed during the call.

There were signs of a potential announcement as most of Romney’s senior staff joined him on the flight from Boston, and the campaign added a last-minute rally to their Virginia itinerary on Saturday.

Earlier in the day, Romney’s campaign briefed reporters on the bus tour, making no mention of the impending vice presidential announcement.

“The governor keeps very close counsel on that, and I have no guidance,” adviser Eric Fehrnstrom said of any potential event.

Romney’s bus tour was expected to include appearances with Portman, as well as two others who had been talked about as possible contenders for running mate: Virginia Gov. Bob McDonnell and Florida Sen. Marco Rubio.

The tour will take Romney through four must-win states in as many days: North Carolina, Virginia, Florida and Ohio. All are battlegrounds where Obama won in 2008. While Obama could afford to lose in one or more of them and still reach the 270 electoral votes needed for another term, Romney almost certainly needs all four to beat him.


parrothead8 3 years, 2 months ago

Paul Ryan has been working for the government since he graduated from college. I hope they're not expecting him to lend credibility to their "smaller government, lower taxes" platform, because our tax dollars have been paying him for his entire adult life.

Satirical 3 years, 1 month ago

Many members of the military have also been dependent on tax dollars for their entire adult life. So does that automatically mean servicemembers want big government?

jafs 3 years, 1 month ago

Well, they probably don't want us to cut defense spending.

Leslie Swearingen 3 years, 1 month ago

Tell you what we could do. We could have our soldiers in Afghanistan tooling around in Toyotas, wearing orange hunters vests and carrying a cap pistol. Now that would really cut down on defense spending. That's the good news. The bad news?

jafs 3 years, 1 month ago

You really think there isn't a significant amount of waste and abuse in defense spending?

We're even building things the Pentagon says they don't want or need, from what I've read.

Daniel Kennamore 3 years, 2 months ago

Well with Ryan's attacks on medicare/social security...this isn't going to help Romney's numbers in Florida, Nevada or New Mexico.

Actually, I can't even think of a swing state in which this will HELP Romney's numbers. This will help him with the uber-right wing base but I don't think it will be enough to sway the election.

Matthew Herbert 3 years, 1 month ago

How about Wisconsin, the state that has elected Ryan 7 consecutive times. That's 10 electoral votes Obama had in 08 that he will lose for '12.

just_another_bozo_on_this_bus 3 years, 1 month ago

Wisconsin is still a very purple state, and while Ryan may be popular with the Republican base, there's at least an equal number of voters who recognize that his real constituency is wealthy elites, and he's facing a serious challenge in his bid for re-election.

I wonder if he'll pull out of the his bid for re-election.

chootspa 3 years, 1 month ago

The only way veep picks have influenced elections in recent years is to the negative.

Orwell 3 years, 1 month ago

Only one-tenth of Wisconsin has ever elected Ryan to any position. Portman might have swung Ohio, but now that possibility's gone. Good chance Wisconsin will be blue in November. On substance, the election will now be all about the Ryan budget with its privatization of Medicare and Social Security.

just_another_bozo_on_this_bus 3 years, 1 month ago

"the Ryan budget with its privatization of Medicare and Social Security."

Which for large numbers of retirees will be tantamount to their elimination, as they will be turned primarily into cash cows for private insurance and investment firms.

Katara 3 years, 1 month ago

It also alienates anyone under 55 as the younger generations will not receive the same type of benefit the previous generations have yet they will be expected to pay more for less.

Mixolydian 3 years, 1 month ago

Ryan's budget doesn't have any impact on current senior's medicare, or on anyone 55 and older for that matter. What it does is ensure the solvency of medicare for our children and grandchildren. How could that have any negative impact on a senior's vote? Even Obama's budget man states that medicare will be insovent in 12 years on the current path.

Cait McKnelly 3 years, 1 month ago

Only because the Government can't pay it's bills to SS anymore than they can pay them to anyone else. If the Government didn't default on it's bonds to SS it would be a very healthy system. If SS goes down in flames it's because our own government robbed it. So tell me again, who set that situation up?

chootspa 3 years, 1 month ago

Ryan's budget increases the deficit. Balloons it like road kill in the hot sun. He slashes taxes for the rich - he'd put the capital gains tax at zero. Zero. That he does so while simultaneously slashing funding for medicare and everyone in the next generation is not "ensuring the solvency of medicare." It's wholesale Robin Hood in reverse.

Mike Wasikowski 3 years, 2 months ago

This is a Hail Mary play that is almost certainly going to bite Mitt Romney in the ass. Obama is going to air ads saying his opponent wants to destroy Medicare non-stop now. They will weigh him down like an anvil.

chootspa 3 years, 1 month ago

You did link to the Onion on purpose, right?

ksjayhawk74 3 years, 1 month ago

I'm guessing that with a name like "Satirical", they're being satirical.

chootspa 3 years, 1 month ago

One would hope, but his/her/its other posts don't seem to hold much in the way of satire.

Shelley Bock 3 years, 1 month ago

As if the Romney campaign won't air ads on outright distortions and made up facts, which they have been doing.

beatrice 3 years, 1 month ago

Now that is funny!

I don't read The Onion often enough.

progressive_thinker 3 years, 1 month ago

Have you got a link to the actual ad? I have not been able to find it.

Shelley Bock 3 years, 2 months ago

I see Ryan failing to bring anything additional to the ticket. Those already impressed by his budget plans would have never voted for Obama. What foreign policy experience does Ryan (and in reality, even Romney) have? Once information about Ryan's proposals becomes widely known, there will be diminishing support for him and Romney.

If there is a Vice-Presidential candidate debate, Ryan will be much more active than Biden. If the plan is to have Ryan be the "attack dog" while Romney is above such, it might be a positive for Romney. This appears to be a selection of desperation. I don't think it will work.

jafs 3 years, 1 month ago

It's clearly an attempt to win over more conservative folks, I think.

Romney, in reality, is rather middle of the road in many ways, and not conservative enough for the right.

We'll see how it pans out.

jafs 3 years, 1 month ago

Really conservative folks find Romney not conservative enough.

He's in a bit of a jam, and has to appeal to both moderate and conservatives, which isn't easy to do.

Satirical 3 years, 1 month ago

I think with so few undecideds left in this country, the goal at this point is to get your side enthusiastic and get out the vote. That is not saying that Ryan doesn't and can't appeal to swing voters. Ryan is super smart and most people agree with his idea of fiscal responsibility in Government.

jafs 3 years, 1 month ago


I think "getting the base out" is important, but appealing to independents is also important.

Most people don't agree with Ryan's ideas.

chootspa 3 years, 1 month ago

I doubt most people agree with Ayn Rand. I think there are plenty of people who like the idea but will balk at the specifics once they're brought to light.

just_another_bozo_on_this_bus 3 years, 1 month ago

I haven't read it yet, but there's a recently released book (a parody?) called Atlas Drugged. Sounds like a fun read.

chootspa 3 years, 1 month ago

Ha! I'm going to have to check that out.

beatrice 3 years, 1 month ago

Nice to see the Republicans trying the "super smart" card this time around.

chootspa 3 years, 1 month ago

Completely true. Which is why he should have picked a moderate running mate.

just_another_bozo_on_this_bus 3 years, 1 month ago

He'll make an excellent candidate for the new GOP (Grand Old Plutocracy.)

cowboy 3 years, 1 month ago

Besides being a whack job budget "exspurt" he is an absolutely disloyal #2 man , ask Boehner how he likes Ryan who has stabbed him in the back repeatedly.

just_another_bozo_on_this_bus 3 years, 1 month ago

Paul Ryan? Seriously? by John Nichols


"The hyper-ambitious political careerist—who has spent his entire adult life as a Congressional aide, think-tank hanger-on and House member—is looking for a road up. And he is sly enough to recognize that, like Dick Cheney with George Bush, he could be more than just a vice president in the administration of so bumbling a character as Romney.


Vice presidential nominees are supposed to help tickets, not hurt them.

Romney clearly needs help. Just back from a disastrous trip to Europe and the Middle East, mired in controversies about the “vulture capitalism” he practiced at Bain Capital and his refusal to release tax returns that his dad—former Michigan governor and 1968 Republican presidential contender George Romney—said contenders for the Oval Office had a a responsibility to share with the voters, Romney could use a boost.

But Ryan would be a burden, not a booster, for a Romney-led ticket.

Like Romney, Ryan is a son of privilege who has little real-world experience or understanding. He presents well on Sunday morning talk shows and in the rarified confines of Washington think tanks and dinners with his constituents—the Masters of the Universe on Wall Street—but his record in Congress and the policies he now promotes are political albatrosses."

just_another_bozo_on_this_bus 3 years, 1 month ago

More from John Nichols, who lives in Madison, and has observed Ryan his entire political career.

"Ryan’s an ardent social conservative, arguably to the right of Romney on issues such as gay rights and a woman’s right to choose—making him more acceptable than prospects like former Secretary of State Condoleezza Rice. He’s never met a war or a military budget that he didn’t like, and he’s more than willing to mouth extreme talking points about “foreign” threats—which distinguishes him from the likes of former Ambassador Jon Huntsman and New Jersey Governor Chris Christie. And of course, Ryan is ever at the ready to promote the fiscal fantasies favored by the hedge fund managers, big bankers and insurance industry interests that fund the vast right-wing infrastructure."

Steve Jacob 3 years, 1 month ago

While I do respect the fact Ryan is the only Republican who put what budget cuts he will do on paper, there is a reason why Republicans are hiding facts. Social Security and Medicare is cut pretty good under is plan, and as we all know, the old people vote.

Romney's VP had to be a Tea Party favorite, but Rubio would have helped win Florida, and I thought that would be more important.

chootspa 3 years, 1 month ago

Word is that Romney is flip flopping on his earlier support of the Ryan budget. He's now got a "secret" budget plan he won't release unless elected. Sort of like McCain's plan for killing Osama Bin Laden, I guess.

just_another_bozo_on_this_bus 3 years, 1 month ago

"He's now got a "secret" budget plan he won't release unless elected. "

Wow, that's a relief. We certainly wouldn't want voters to be able to make an informed choice.

chootspa 3 years, 1 month ago

We'll be informed. He'll retroactively fill us in on the details.

just_another_bozo_on_this_bus 3 years, 1 month ago

Yea, once we get these (retro)reactionaries into office, we'll likely get all kinds of retro-action, (i.e., devolution.)

sleepy33 3 years, 1 month ago

Is that like a secret plan to fight inflation?

Thomas Bryce 3 years, 1 month ago

The GOP is counting on Voter ID Laws to disenfranchise all minorities. They could care less about Them. They don't need Rubio now. They only pretended they did.

grammaddy 3 years, 1 month ago

Obama's re-election just keeps getting easier and easier.Take a good look at your GOP, it may not be around next cycle.

Shelley Bock 3 years, 1 month ago

While I want Obama to be re-elected, I don't think it will be easy. The GOP will still be around, but in a much meaner, far right fashion. The biggest problem for the Republican moderates is to find a "home". Is this the beginning of a "three party" system or will there be a correction in the course. Democrats have swung away from the left, but is it a sufficiently big tent for the moderates?

Leslie Swearingen 3 years, 1 month ago

Excellent observation, right on the money.

Mike Ford 3 years, 1 month ago

thirteen comments against the butcher and one dumb one the rest of the circus setting this one out false?????

Clearly4Kansas 3 years, 1 month ago

I think the country needs an open debate on trillion $$ annual deficits and the nearly 17 trillion $$ debt. For this reason alone it's a great pick and a bold decision by Romney. I haven't been a Romney fan but this choice says he's the type of leader our country needs.

just_another_bozo_on_this_bus 3 years, 1 month ago

There is indeed a very stark choice ahead.

We can focus on reducing deficits, which will guarantee a dismantling of Medicare, Social Security and the rest of the social safety net, continue the massive transfer of wealth from the middle and working classes to the 0.1%, and make permanent unemployment rates of 15% or above.

Or, we can use deficit spending to stimulate the economy that helps the middle and working classes go to work creating an economy appropriate for the 21st century, rather than the grim world that Romney/Ryan would bring of haves and have-nots that Charles Dickens would find familiar.

jafs 3 years, 1 month ago


There's no good choice in the ones you mention, as far as I can tell.

We want low unemployment, and a thriving economy, but also balanced budgets and paying down our debt, don't we?

just_another_bozo_on_this_bus 3 years, 1 month ago

We don't need balanced budgets-- even if you believe the household or business budget metaphor, almost no household or business is ever without debt.

In good times, the deficit can be small, but these are not good times. The economy needs to be stimulated to break the economic gridlock that currently exists. Balancing the budget right now will lead to continued and even worsening recession and even greater unemployment. It's that simple

jafs 3 years, 1 month ago

We have a huge debt already - balanced budgets would mean we're not adding to it every year, which would be a very good thing, in my view.

I might agree that we need some stimulus right now, but the problem is that when times are good, nobody talks about cutting spending either, so we never do it.

It's not that simple, really - we have both short and long term needs, and a complex situation. The private sector is sitting on lots of cash, which could and should be used and circulating in the economy.

I've just finished Krugman's book - End this Depression Now. It's interesting, and I think he does an excellent job of describing the problems, and some of the causes, but I think he misses a bit on the solution end.

Why not require banks who got bailouts to actually spend/lend the money? Or ones that get essentially zero interest money from the government? Why is the only way to embark on massive deficit spending by government when we've already made tons of money available at low cost to the private sector?

Also, I find he minimizes the negatives associated with inflation, devaluation of the dollar, etc.

He even claims that inflation is good for our debt situation, since you're paying back less valuable dollars over time. There may be some truth to that, but inflation is very hard on the average joe, who isn't getting raises and dealing with higher health care costs all the time.

And, devaluation of the dollar has negative effects as well - it raises costs to us of buying stuff from other countries, which we do a lot, and which will have the effect of raising prices, again hurting the average guy.

So, it's clear to me that his Keynesian theory tends to overlook some significant problems.

just_another_bozo_on_this_bus 3 years, 1 month ago

Yes, deficit spending comes with a negative side. But the simple fact is that those negatives pale in comparison to the negative effects of balancing the budget in the middle of a recession. Doing so will make that recession permanent-- the last few years are proof of that.

jafs 3 years, 1 month ago

If we only did it when we had to, and not all the time, it would be different.

But, we generally run large deficits and carry a large debt, which is a big problem for me.

Why again can't we make the private sector spend the money it's getting from the government?

just_another_bozo_on_this_bus 3 years, 1 month ago

Running large deficits when the economy is humming is a bad idea, I agree.

But even as large as the deficit is, it's still small relative to the size of the economy, and we can borrow (i.e., print and sell treasury bonds) for extremely low rates of interest. That's because buying US treasury bonds is still the most secure investment available anywhere in the world, for one simple reason--The US has never defaulted on its debts (although many Tea Partiers think we should) and the likelihood that we will is almost zero.

Bottom-line, deficit spending is a tool that's very much available to us, and if used responsibly, has very little downside. The key, of course, is using it responsibly. The Bush Administration failed miserably in that, giving tax breaks to people who didn't need them, and who are now sitting on all the money they saved rather than using it to create jobs. And they simultaneously started two unnecessary, unfunded wars.

But there are countless things that need doing badly, right here in this country, by people who badly need jobs. Using deficit spending would get those things done, put people back to work, and reinvigorate the economy all at once, and a new round of comprehensive stimulus spending is the way to jump start it. The only thing stopping us is adherence to an ideology of "fiscal conservatism" that on close analysis makes no sense for the vast majority of the population.

jafs 3 years, 1 month ago

Why can't we make the folks in the private sector getting money (at low or no cost) from the government spend it?

Our current national debt is at close to 100%, if not more, than GDP - historically that's quite high. Adding $1 trillion/year seems large to me.

If the way we pay back our debts is by printing more money, then we have inflation and the devaluation of the dollar.

Imagine a household that continually adds to their debt, rather than paying it down - is that really sustainable?

just_another_bozo_on_this_bus 3 years, 1 month ago

"Why can't we make the folks in the private sector getting money (at low or no cost) from the government spend it?"

That was certainly an example of misdirected stimulus spending-- They shouldn't have gotten the money in the first place, but there is likely no getting it back now.

But a well-targeted program of stimulus spending could eliminate the main reason that companies are sitting on all that cash-- there is no one out there to buy whatever their increased production might produce.

"Imagine a household that continually adds to their debt, rather than paying it down - is that really sustainable?"

Families (and businesses) borrow money, pay it off, and borrow more money in a continuous cycle, all the time. Government is the same, with one big difference. Families and businesses can't just print up more money when they need it. That tool is limited to governments who issue their own currency, and no government in the world can do that to better effect, and with less risk, than the US government. Like all tools, it must be used wisely (something we haven't done very well at.) But that doesn't mean we shouldn't use it at all, especially at times like this, when it's precisely the appropriate tool to get the economy humming again.

jafs 3 years, 1 month ago

They're still getting it - surely we could attach strings?

It is obviously not a good idea to continually increase debt at a personal, familial, or business level, right?

And, again, printing money leads to inflation and devaluation of currency - it's not without downsides.

If those like Krugman, and you, who advocate for a massive stimulus program in the short term, were also talking about fiscal soundness, balanced budgets, etc. in the long term, I'd be much happier. But, instead, they seem to continually downplay debt, deficits, inflation, etc. which makes me nervous.

just_another_bozo_on_this_bus 3 years, 1 month ago

Actually, I don't think that balanced budgets are a good idea. For one thing, it means that any increase in expenditures, even temporary ones, would require a tax increase. When the government needs money quick, to take care of an emergency, such as after a disaster like Katrina, would it be a good thing if nothing could happen until after Congress got done debating the tax increase necessary to pay for it (as one Congressman demanded after the Joplin tornado?)

There is also a need for the money supply to match the need for economic production, and deficit spending is one way to do that. Right now, companies are sitting on $trillions, severely limiting economic activity. Putting more money into circulation can solve that problem. Sure, it may cause some devaluation of currency that's already out there, but it also creates a good deal of wealth in the process-- a net gain for the vast majority of people.

"If those like Krugman, and you, who advocate for a massive stimulus program in the short term, were also talking about fiscal soundness, balanced budgets, etc. in the long term, I'd be much happier."

They look at it the same way a doctor looks at a patient with high blood pressure-- the medication they prescribe comes with some unpleasant side effects-- but those are much less unpleasant than the stroke that would come with failure to take that medication.

jafs 3 years, 1 month ago

There may be some scenarios, like the one you mention, that might call for temporary debt, but that hardly translates into the kind of deficit spending we've been engaged in for a long time.

I don't see any reason why banks, etc. that are getting essentially interest-free money from the government can't be required to circulate it.

And, if the "side effects" are troublesome enough, the patient is faced with no good choices, just bad and worse ones. I refuse to believe we can't do better than that.

jafs 3 years, 1 month ago

Also, balanced budgets could mean that we collect more in taxes than we spend, and build up a reserve fund, to use for emergencies and/or stimulus when absolutely necessary.

I know the idea seems incredible, given the preponderance of deficits, but it's possible.

jafs 3 years, 1 month ago

Also, Krugman seems to think that growth is the answer to debt issues.

Reminds me of folks who were sure that the housing market would continue to go up.

just_another_bozo_on_this_bus 3 years, 1 month ago

We have many legitimate needs that are currently unmet-- a sustainable energy system is at the very top of that list. We have the capacity to create that system, but those who control capital don't want to do what it takes to get there, primarily because it works against their current investments. They like the status quo because they're only concerned with the wealth it brings them in the here and now, and would rather deny the damage it's wrecking on the planet.

But investments in a sustainable energy system would definitely be "growth" as Krugman uses the term. Would an increase in oil and/or coal production and use be "growth?" Sure, but not all growth is the same, and neither is all deficit spending (i.e., tax breaks to the wealthy; unfunded, unnecessary wars, etc.)

jafs 3 years, 1 month ago

My point is that pinning one's hopes for sustainable debt on continual growth is a bad idea, just as it was a bad idea for people to buy houses speculating that the housing market would always go up.

Mixolydian 3 years, 1 month ago

I love this choice. Finally, an adult conversation about the fiscal cliff we're on. No sound bites, no sophomoric name calling. Real numbers and specific details.

just_another_bozo_on_this_bus 3 years, 1 month ago

Ryan proposes a stark world of haves and have-nots-- a race to the bottom for the vast majority of Americans. That's the reality of it.

independent_rebel 3 years, 1 month ago

The majority of the have-nots are there because of their own failings. That they chose a life of living off of the work of those that have was their choice. It's time they do-without and learn to stand on their own feet or suffer.

Richard Heckler 3 years, 1 month ago

Have voters forgotten who and what put 11 million out of work,out of medical insurance, killed retirement plans and in general wiped out the economy twice in the last 30 years? ?

This is what voters need to be thinking about:

If a BUSH thinking politician wins the white house best get on with putting another source of income in order.

These new repub folks wipe out jobs, home ownership,medical insurance and retirement accounts at the speed of light.

Republicans are simply too dangerous to be in charge of OUR money and OUR economy!

No jobs,no medical insurance,retirement plans up in smoke by the party that believes flippin burgers is a great alternative never mind that parents can no longer be home parenting.

Richard Heckler 3 years, 1 month ago

This is what I mean:

BAILOUT ENTITLEMENTS - The Reagan/ Bush Savings and Loan Heist( millions out of work)
Jeb Bush, George Bush Sr., and his son Neil Bush have all been implicated in the Savings and Loan Scandal, which cost American tax payers over $1.4 TRILLION dollars (note that this was about one quarter of our national debt").

The Reagan/Bush savings and loan heist was considered the largest theft in history at the time. George Herbert Walker Bush then took $1.4 trillion of taxpayers money to cover the theft.

Another BAILOUT ENTITLEMENT - The Bush/Cheney Wall Street Bank Fraud on Consumers(million out of work)
Yes, substantial fraud was involved. For example, mortgage companies and banks used deceit to get people to take on mortgages when there was no possibility that the borrowers would be able to meet the payments. Not only was this fraud, but this fraud depended on government authorities ignoring their regulatory responsibilities."

Yet another CRIMINAL BAILOUT ENTITLEMENT - Only 3 major Financial Institutions were at risk in spite of what we’re told ?
"There were just a handful of institutions that were terribly weakened. AIG the insurer, Bank of America and Citigroup, Those three were clearly in very weakened form. Many of the other big banks simply were not.

A WALL STREET ENTITLEMENT - Privatizing Social Security Would Place the Nations Economy at Risk
"Social Security privatization will raise the size of the government's deficit to nearly $700 billion per year for the next 20 years, almost tripling the size of the national debt.

Put simply, moving to a system of private accounts would not only put retirement income at risk--it would likely put the entire economy at risk."

How about a RECKLESS ENTITLEMENT - Still A Bad Idea – Bush Tax Cuts - (DO NOT create Jobs)

The ENTITLEMENT program for the wealthy at the expense of the middle class = tax increases for the middleclass.

Not to mention CRIMINAL ENTITLEMENTS such as Reagan/Bush Iran-Contra Illegal Sale of Weapons

And a Nixon CRIMINAL ENTITLEMENT The Nixon Watergate = Illegal wire tap of democratic headquarters

patkindle 3 years, 1 month ago

It is kinda of sad the republicans have hit rock bottom I am not sure why they are even offering a presidential candidate Now we have a candidate for vp, woo woo He isn’t black and he isn’t a woman. What a loser The repubs are clinging to mom, apple pie and Chevrolet And the new stream American voters are all about Their local drug dealer, what they can get for free Without working, and any car but one made in the usa When obama gets done with his next four years I can hardly wait to see who he chooses to replace him If there is anything left

Steve Jacob 3 years, 1 month ago

Personally, I think 2012 has been a good year due to Obama, the Fed, and Congress doing nothing. S&P 500 up double digits, GNP looks to be up a good not great 1.5-2%, unemployment at least not getting worse. All while the Eurozone is struggling and China slowing down.

Looking at the future, no interest rate hikes for at least another year, spending in check since the Dems lost the House, our still low 10 year bonds show the world have full faith in getting paid back.

Just saying, when one party runs everything, bad things happen, when it's split, they compromise or doing nothing, It's a win/win.

just_another_bozo_on_this_bus 3 years, 1 month ago

Did i just hear Romney introduce Ryan as the next "President of the US?" Freudian slip?

Mixolydian 3 years, 1 month ago

I caught that too. Too funny, but I remember Obama making the same mistake when introducing Biden as his VP pick. Must be a common brain freeze.

just_another_bozo_on_this_bus 3 years, 1 month ago

Yea, and I can imagine that all the while the presidential candidate is making the announcement they're thinking to themselves, "I hope this doesn't turn out to be a really bad choice." (as surely happened with McCain the last time around.)

cowboy 3 years, 1 month ago

The have nots as you call them are a direct by product of the 8 years of the Bush administration or in another words Republican Economic Policy.

The haves increased thier wealth dramatically thru the high end welfare giveaways enacted by the Bushies.

Us liberals though don't have a problem helping our less fortunate , its a christian thing to do , like the founding settlers did , you know the founders of our country.

just_another_bozo_on_this_bus 3 years, 1 month ago

Wanna know what kind of world Ryan/Romney will bring you-- almost certainly an accelerated version of what is described below.

"Right before the U.S. House of Representatives left for the summer to go home to campaign for your vote, they voted to extend the Bush-era tax cuts for the richest Americans millionaires and billionaires. For more than ten years the richest 1 percent have received $750 billion from these tax cuts. Income and wealth inequality have grown astronomically, threatening the very fabric of our democracy. The top 1 percent in our nation now possesses more net worth than the bottom 90 percent combined. In 2008, the 400 highest-income taxpayers earned as much as the combined tax revenue of 22 state governments with almost 42 million citizens. It’s way past time to reset our moral and economic compass, demand a more just tax system where those with the most pay their fair share, and stop the reverse Robin Hood policies that take from the poor and young to give to the rich and powerful."

tomatogrower 3 years, 1 month ago

"For more than ten years the richest 1 percent have received $750 billion from these tax cuts. Income and wealth inequality have grown astronomically, threatening the very fabric of our democracy."

And where are the jobs they promised? Since these tax cuts went into effect, during wartime no less, unemployment has risen. So the claim that cutting taxes will create jobs is a lie. Wake up, people. $750 billion dollars went to taking your jobs out of the country, so the 1% could get even more money. Now we are a nation that produces very little. What amazes me, is that the people who are most hurt by this policy continue to to vote for it. They all think they are going to be rich, like the people they see on TV one day. We saw this in the race to buy a McMansion they couldn't afford. Change your values. You should want to have enough to work and support your family, because the 1% only want to get richer by exploiting your fantasies. Do you really admire the Kardasians? Do you really think the bimbos in "Sex and the City" can dress and live that way on real salaries? The conservatives are going to wave these carrots in front of your nose and tell you that if you just cut their taxes, you too will be rich. What a crock.

Satirical 3 years, 1 month ago

This is a great choice for fiscal conservatives and those who want to do something about the deficit. Ryan will help shift the debate to a choice between two clear ideologies -- big government and borrowing endlessly, or responsible government and fiscal soundness.

just_another_bozo_on_this_bus 3 years, 1 month ago

"This is a great choice for fiscal conservatives and those who want to do something about the deficit."

That's the part A-- the Part B is "and make the recession and 15% unemployment permanent, and eliminate Medicare, Social Security and the rest of the social safety net."

Welcome to 1932!!

Satirical 3 years, 1 month ago

Part B is "and make the recession and 15% unemployment permanent, and eliminate Medicare, Social Security and the rest of the social safety net." - bozo

Your overreaching claims make you lose credibility. Despite the fear tactics you hear from Team Obama, the social safety nets are not going away if Romney/Ryan get elected.

By the is that Stimulus working for ya? I sure am glad all the government spending has kept the unemployment from getting to 8%. Obama keep referencing things like the Hoover Dam when talking about the accomplishments of Big government, but where is the new Hoover Dam from all the Stimulus money? Obama has failed even by liberal standards.

just_another_bozo_on_this_bus 3 years, 1 month ago

Sorry, but Romney/Ryan ain't Jesus-- they can't feed 300 million people with one loaf of bread. And they can't cut taxes and the deficit without somebody picking up the tab, and they clearly intend that that's gonna be pushed off on the poor, the elderly, kids and the disabled.

The stimulus, as far as it went, and as poorly as it was directed, worked. The state of the economy would be even worse right now if it hadn't happened. (this has been well-documented.) We're still in a recession because the stimulus was half-hearted, at best, and was directed too much towards Wall St., who bear primary responsible for causing the recession (with the Bush tax cuts for the wealthy and unfunded wars strongly in contention.)

Orwell 3 years, 1 month ago

Social Security will be replaced by an insufficient voucher, benefiting only the insurance companies that have left millions uninsured. Social Security will depend on a stock market even more deregulated than the one that crashed in 2008. Ryan and the republicans are entirely willing to destroy the safety net in order to "save" it - all for the benefit of their contributors who don't need a safety net in the first place.

jafs 3 years, 1 month ago

When have R actually brought fiscal soundness exactly?

Reagan tripled the national debt, and the only years in the last 40 or so with balanced budgets came with Clinton.

If Democrats are "tax and spend", Republicans seem to be "borrow and spend".

Mixolydian 3 years, 1 month ago

We'll take the Clinton tax rates if the republican budgets of the 90's are adopted as well.

jafs 3 years, 1 month ago

You say that, but the Norquist pledge folks are adamently opposed to any tax increases.

Satirical 3 years, 1 month ago

"I have never understood why it is 'greed' to want to keep the money you've earned, but not greed to want to take someone else's money." -- Thomas Sowell.

just_another_bozo_on_this_bus 3 years, 1 month ago

What's the second wrong are you referring to? The social safety net? The EPA?

jhawkinsf 3 years, 1 month ago

I think the two posts above suggested the two ends of the political spectrum. Vertigo stated his position clearly while Satirical implied his. As I frequently do, I implied a middle position.

just_another_bozo_on_this_bus 3 years, 1 month ago

And the middle position isn't always right simply because it's in the middle.

chootspa 3 years, 1 month ago

Ah yes. The fallacy of the golden mean. You do know it well.

Scott Tichenor 3 years, 1 month ago

Now, maybe in retrospect, it all becomes so much clearer how momma grizzly was probably the worst VP pick in the history of this country.

ThePilgrim 3 years, 1 month ago

The pick of Ryan is political suicide. While it does bridge the gap between buttoned-up, establishment Romney and the Tea Party, as the article says, I don't think that choosing Ryan will close the gap in a tight race. It will definitely not shore up the moderate and independent vote. This seems more of a move to get undecided Republicans, evangelical Christians and Tea Party folks, to vote for Romney.

There are also a lot of things that the Dems can use against this divisive pick: The Dems can point to the budget impasses, the perception that the House was holding the country hostage over the debt limit, and the Ryan budget's defunding of Medicaid. That last item is the true item against Obamacare, which pushes hundreds of thousands of people onto State Medicaid. By defunding it, the Repubs set the stage to cut off Obamacare at the knees through budget reconciliation, even if they don't win in November. Which is actually a weasel way of legislating, and completely un-Constitutional. I am not a fan of Obama or Obamacare. But I have never been more convinced that Obama will win in November.

just_another_bozo_on_this_bus 3 years, 1 month ago

"Ryan injects a sense of morality "

Yea, that morality goes like this "Screw everyone but me and my wealthy peers."

ThePilgrim 3 years, 1 month ago

"What you don't seem to get is that in terms of sheer numbers there are more republicans voting on any given day than dems." Oh I absolutely get that. And at least half the Repubs I know will not vote for a mormon, regardless of the pick of Ryan. And what you don't seem to get is that on any given day there are more independents voting than Repubs or Dems. And, as I said above, this choice will not win them over.

chootspa 3 years, 1 month ago

The Catholic vote, huh. Like those bishops that specifically called out Ryan for claiming his budget was informed by his Catholic faith?

And you did know that Joe Biden is also Catholic, right? And that most Catholics don't think we should ban birth control pills?

Leslie Swearingen 3 years, 1 month ago

Did you know that the Pope has said that it is okay to use condoms if they are being used to prevent aids?

chootspa 3 years, 1 month ago

I base my presidential votes entirely on the vice presidential debates.

beatrice 3 years, 1 month ago

You all are missing the most important part of the entire announcement -- it was made by Romney using a TELEPROMPTER!!!! Oh the horror!!!!! Now all we will hear about is "teleprompter this" and "teleprompter that." What a shame he can't speak for himself. (I kid, of course)

I could almost believe Ryan in being serious about the defecit if his suggested budget cuts also included a serious re-evaluation of the defense budget. It does not, which indicates that his plan is as politically motivated as any other plan.

Ryan's views on Medicaire and Social Security likely will not play well in Florida, at the very least. Can Romney win without Florida? I don't believe so.

As a person, he is clearly intelligent and seems likeable, which is important to the electorate, but he is also young. Too young? Maybe not. However, I believe he will have a little more experience and a lot more name recognition when we see him running against Hillary Clinton in 2016.

beatrice 3 years, 1 month ago

R/R -- like railroad, like trainwreck waiting to happen?

headdoctor 3 years, 1 month ago

Now all we have to do is get the popcorn and watch the pseudo-Republicans kick up the bat guano crazy a few notches. After all, most of Romney's top ten guess who choices were really nothing more than the male versions of Michele Bachmann.

The Republicans may run into a brick wall when they try to dismantle Medicare or privatize Social Security. It doesn't matter if they realize it or not. The retired and soon to retire baby boomers who do vote are very much Socialist when it comes to those subjects. They might not like Obama but they will scream if their Government Nipple is threatened.

Cait McKnelly 3 years, 1 month ago

A "Government Nipple" they paid into their entire working lives. Believe me, "doctor", few will forget that.

patkindle 3 years, 1 month ago

. An Associated Press reporter knocked on the door to his home three times and go no answer just before midnight local time.

just before midnite? who does the reporter think he is? in some towns he would get shot pulling that stunt that is whats wrong with the usa , the media.

ThePilgrim 3 years, 1 month ago

Before so many of you follow Bozo's lead crowing about the 1% and the "have and have nots", remember that Obama has consistently considered anyone making greater than $75K to be rich and deserving of higher taxes. This was his stand back in 2008, and every so often his Marxist administration talking heads float this idea on the Sunday morning political news shows. First they will go for the wealthiest, then they will come for those making $75K, the middle class, which throws in a much higher percentage of Larryville residents. They have no choice - the policies enacted in the last four years, and new ones he will do in the next four years will require the middle class to suck it up also. Never forget - for the Marxist the folks in the middle class are still the bourgeoisie.

Flap Doodle 3 years, 1 month ago

Ryan's a light skinned American with no Negro dialect, unless he wanted to have one. At least Harry Reid should love him.

Katara 3 years, 1 month ago

You've made this attempt of a joke several times so far.

headdoctor 3 years, 1 month ago

Marxist...Really....Really. What does that make the modern pseudo-Republicans if Obama is a Marxist? Obama has been more of an actual Republican than anyone of the Republicans. Except for a couple of hiccups he continued Bush's policies and in some cases expanded them. Virtually everything the fear monger crowd said Obama would do hasn't been done. What the Republicans can't stand is he has beat them at their own game. In some cases did what they couldn't or wouldn't do. Of course he will never get any sort of credit for that from the so called conservative side. At least he is trying to do something instead of bible thumping, obstructing the process and kicking up the level of crazy.

Steve Jacob 3 years, 1 month ago

And I always knock Presidential and VP candidates that have never won a statewide election. State elections are much harder to win. And a Governor/Congressman combo brings no international affairs experience.

Jim Phillips 3 years, 1 month ago

We are less than 90 days away from finding out who is correct and who isn't. My money is on a landslide for Romney but, despite all of the "expert analysis" on this page, no one knows the outcome until the votes are counted.

I do find it amusing that the Libs are already claiming victory. In the meantime, I'll stock up on paper towels just in case you need something to cry into in November.

beatrice 3 years, 1 month ago

A landslide for Romney? I hope for your sake it isn't a lot of money.

Steve Jacob 3 years, 1 month ago

I think Romney having to show off his VP this early shows he is not winning by a landslide. Still says Rubio could have flipped Florida for him, that alone made him a better VP choice.

notaubermime 3 years, 1 month ago

I cannot for the life of me understand why, in a tight election, Romney would choose a candidate which is likely to isolate such large numbers of independents and seniors. Ryan's plan basically nullifies any advantage the Republicans had due to public resentment against Obama's economic policies. That was their best card, why throw it away like that?

james bush 3 years, 1 month ago

Ryan appeals to people who abhor free-loading parasites like OBAMA who's really good at organizing free-loaders and making speeches that betray his deceitfulness.....which is evident to people who scrutinize his rhetoric enough to see that he speaks out of both sides of his two faces.

Cait McKnelly 3 years, 1 month ago

Back up everything you just said. I want links, sources and quotes.

verity 3 years, 1 month ago

I think Romney may have just had his Sarah Palin moment. The far right was going to vote for him anyway because of the R factor and Ryun may scare away a lot of moderates.

Of course with Diebold and vote flipping, it may not matter who people actually vote for.

Katara 3 years, 1 month ago

" Romney called Ryan a "man who appeals to the better angels of America" and called today a "big day" for the country."

What exactly is this supposed to mean? At first I thought it was a typo and they meant to say "angles" but that doesn't make much sense either.

Flap Doodle 3 years, 1 month ago

Ryan is articulate and bright and clean and a nice-looking guy,...I mean, that's a storybook, man. (from a source)

beatrice 3 years, 1 month ago

But he speaks from a teleprompter, and I know you hate it when politicians speak from a teleprompter. So will you be noting his use of a teleprompter, won't you?

I mean, he spoke from a teleprompter AND we have not seen his birth certificate.

Those have been the things bothering you these past three years, after all.

Cait McKnelly 3 years, 1 month ago

Those are qualities for a prom date, not a VP.

shotgun 3 years, 1 month ago

Bye Bye Ohio, Nevada, Florida, Virginia, even quickly becoming progressive North Carolina! Thank you Mitt! Yes he has had his Sarah Palin moment!

Thomas Bryce 3 years, 1 month ago

After watching some of the coverage of Romney/Ryan rallies, I couldn't help but notice the crowd of supporters and the demographic make up. So, it is a given he has the white, GOP male vote wrapped up. How do you win an election with no minority support and very little support from women?

Cait McKnelly 3 years, 1 month ago

You rig the elections, suppress votes and spend lots and lots and lots of money.

Cait McKnelly 3 years, 1 month ago

"If there ever was a question about what this election is about, today's announcement answers it. Throughout this campaign, Mitt Romney has lacked a clear vision. Now he's embraced a radical ideologue with a dangerous one. This election is absolutely a choice between two visions for our country's future. Mitt Romney and Paul Ryan have solidified their roles as rubber stamps for the reckless and failed economic theories of the past."

— Donna Brazille

Paul Ryan on Ayn Rand.

That was in 2009. In face of opposition from the Catholic Church, Ryan has since back pedaled his Randian views.

To finish up, in one of the most telling videos of all, Ryan was at a 15$ a plate Rotary Club luncheon in West Allis, WI. It was his one and only appearance in his Congressional district during the August recess of 2011. During that luncheon, police took down and arrested a 71 year old retired plumber from Kenosha who DARED to confront Ryan about his plans to gut Social Security and Medicare. The elderly man had a broken arm and pleads with police over it who ignore him and his screams of pain. While the police take him down, Ryan cracks jokes about it to the rest of the room.

This is just a bit more than Sarah Palin saying she could see Russia from her back yard. Palin was a brainless ditz.. Ryan is a very cruel and dangerous man.

Cait McKnelly 3 years, 1 month ago

Palin had her caricature "Joe the (part time) plumber". Ryan has a very real, very non-caricature, "Tom the plumber".

verity 3 years, 1 month ago

"Ryan is a very cruel and dangerous man." True that. Palin is mean-spirited and stupid. Ryan is smart and that makes him even more dangerous.

I wasn't comparing the two, just saying that this may have lost Romney the election. Palin appealed to middle-aged to old men because she was hot. She also appealed to some conservative/reactionary women. I don't think Ryan has much of a hotness factor and his appeal to women will be limited.

verity 3 years, 1 month ago

If it wasn't already, the election is now Obama and the Democrats to lose. When Obama was running for president, he had the ability to inspire, although I kept waiting for his "what you can do for your country" moment and it never came. After he became president, he seemed to lose that ability. He needs that bright shining moment of which he has shown himself to be capable to inspire people to want to come out and vote.

In the long run, unfortunately, the election is more about inspiration than it is about policy. John F. Kennedy had that ability to inspire. During his presidency, we were willing to overlook differences to work for a common good. If we don't get that back (yes, I will say it), we are doomed. And I do think Obama is capable of that, if he just will.

Cait McKnelly 3 years, 1 month ago

‎"Ryan's real goal is to destroy the ladder of opportunity for the poor and the middle class. Look at his budget: Medicare would be shattered and replaced with a voucher system wherein seniors would be given a stipend and told to negotiate with the health insurance goliaths. According to the Congressional Budget Office, ten years after the Ryan plan was enacted, seniors would pay $6,400 per year more for the same health care, as the stipend would fail to keep up with projected cost increases.

"And that's just for starters. One out of every four dollars spent on transportation—which is already underfunded—would be cut. Veterans' benefits would be cut 13 percent from what President Obama says is needed. Young men Paul Ryan voted to send into combat would suffer once more on the home front. Education would be cut, food safety, air traffic control, environmental protection—almost everything that makes us safer, smarter or stronger—would get hammered.

"How can a budget so brutal not make a dent in the debt? If you have to ask you have not been paying attention. What is the holy grail for princelings like Mitt Romney and Paul Ryan? Of course: tax cuts for the rich. The Tax Policy Center crunched the numbers and found that under Romney's proposal, 95 percent of Americans would see their taxes go up by an average of $500, but millionaires would receive an extra $87,000 tax cut. The net result: an $86 billion annual shift in the tax burden away from those making over $200,000 a year and onto those making less.

"And so Romney Hood has his Friar Tuck. And somewhere in hell, Ayn Rand is cackling with glee."

— Paul Begala

Enlightenment 3 years, 1 month ago

I believe that the GOP is introducing Ryan to rest of the US so he can run for Presidential position in 4 yrs.

Cait McKnelly 3 years, 1 month ago

“Our rights come from nature and God, not from government. That’s who we are. That’s how we built this country. That’s who we are. That’s what made us great. That’s our founding. We promise equal opportunity, not equal outcomes.” - from Paul Ryan's acceptance speech.

This just makes me roll on the floor laughing. I had to wipe the coffee off of my monitor when I read it. A Randian invoking GOD??!!! Sure Paul has backed off of his Randian views, for political expediency and the threat of excommunication from the Church (which he could care less about but would probably break his poor mama's heart). But you, I and the dog in the neighbor's yard know it's all BS.

camper 3 years, 1 month ago

I want to see Ryan's birth certificate.

Armstrong 3 years, 1 month ago

Ahhh, liberals runniing ( posting ) scared, a beautiful sight. Keep telling yourselves "we will win". November will be a harsh awakening

Cait McKnelly 3 years, 1 month ago

Believe me, Armstrong, if Romney wins the election I'm joining the nearest Cumberland Primitive Baptist church because the Anti-Christ has surely come.

Cait McKnelly 3 years, 1 month ago

If Romney wins then William Hickman, through Ayn Rand, has achieved his wildest dreams. And if you don't get the reference, look it up.

yourworstnightmare 3 years, 1 month ago

Ayn Rand was an atheist and equated religion with socialism. "spirit mystics", she called them, next to "muscle mystic" socialists.

Rand was a elitist. She despised populists like Ryan and his tea party.

Mixolydian 3 years, 1 month ago

He's bright, attractive, articulate, charsimatic, catholic and wants to cut taxes.

I'm speaking, of course, about candidate Jack Kennedy.

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