LJWorld.com weblogs BoydaBloc: The Pro-Rep. Nancy Boyda Blog
Posted
by Boydabloc
April 4, 2008 at 10:20 a.m.
Ryun Advocates Fiscal Suicide: Let Banks Fail & Explode the Deficit
We kind of thought he was just being tongue-in-cheek yesterday on the Raubin & Megan radio show when Jim Ryun said the stimulus package passed by Congress should have been increased by ten fold.We thought it was sarcasm, because how in the world could a self-described "fiscal conservative" advocate for a $12,000 payout to every single American taxpayer? How could a self-described "fiscal conservative" advocate a $1.5 TRILLION jump in the deficit?He wasn't being tongue-in-cheek and he wasn't being sarcastic, because former Congressman Jim Ryun just said again, this time on the Jim Cates Show on KMAJ 1440, that he wishes the Congress would have passed a stimulus package that would have given American taxpayers a $12,000 check.Here's the exact quote from yesterday:
Ryun: Let me just say this- if the amount of money coming back, lets say to the to the typical average family, if $1,200 was good, why not $12,000? You know, let's really stimulate the economy and make it go forward.Sure, Jim, but how do you suggest we pay for that? New taxes? Borrowing from China? After blathering on about the weak dollar and how flimsy the economy is, Jim Ryun thinks the best way to fix it is to saddle feature generations with trillions of dollars in new debt.This on top of Ryun's off the wall comment yesterday, also on Raubin & Megan, that the Fed should have allowed Bear Sterns to fail- he actually said he would have liked to see that.It's ridiculous statements like these that made Americans know Republicans couldn't handle money, and another reason Democrats like Nancy Boyda will find themselves still in Congress in 2009.
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