OK

This is only a Preview!

You must Publish this diary to make this visible to the public,
or click 'Edit Diary' to make further changes first.

Posting a Diary Entry

Daily Kos welcomes blog articles from readers, known as diaries. The Intro section to a diary should be about three paragraphs long, and is required. The body section is optional, as is the poll, which can have 1 to 15 choices. Descriptive tags are also required to help others find your diary by subject; please don't use "cute" tags.

When you're ready, scroll down below the tags and click Save & Preview. You can edit your diary after it's published by clicking Edit Diary. Polls cannot be edited once they are published.

If this is your first time creating a Diary since the Ajax upgrade, before you enter any text below, please press Ctrl-F5 and then hold down the Shift Key and press your browser's Reload button to refresh its cache with the new script files.

ATTENTION: READ THE RULES.

  1. One diary daily maximum.
  2. Substantive diaries only. If you don't have at least three solid, original paragraphs, you should probably post a comment in an Open Thread.
  3. No repetitive diaries. Take a moment to ensure your topic hasn't been blogged (you can search for Stories and Diaries that already cover this topic), though fresh original analysis is always welcome.
  4. Use the "Body" textbox if your diary entry is longer than three paragraphs.
  5. Any images in your posts must be hosted by an approved image hosting service (one of: imageshack.us, photobucket.com, flickr.com, smugmug.com, allyoucanupload.com, picturetrail.com, mac.com, webshots.com, editgrid.com).
  6. Copying and pasting entire copyrighted works is prohibited. If you do quote something, keep it brief, always provide a link to the original source, and use the <blockquote> tags to clearly identify the quoted material. Violating this rule is grounds for immediate banning.
  7. Be civil. Do not "call out" other users by name in diary titles. Do not use profanity in diary titles. Don't write diaries whose main purpose is to deliberately inflame.
For the complete list of DailyKos diary guidelines, please click here.

Please begin with an informative title:

U.S. Congressman Paul Ryan (R-WI) speaks after being introduced by Republican U.S. presidential candidate Mitt Romney as his vice-presidential running mate during a campaign event at the retired battleship USS Wisconsin in Norfolk, Virginia &nbsp;August 11, 20
How can you tell Paul Ryan is lying? The open mouth.
Paul Ryan's speech last night was a veritable lollapalooza of lies, mostly about what President Obama has done and what his own policies and proposals will do.

But there's one lie that he's been using since he got the veep nod from Mitt Romney that is different. It's different because it's about an action that had the potential to do real damage to the U.S. and because Ryan is personally responsible for it. That's the Standard & Poors downgrading of the nation's credit rating as a result of the House Republicans' taking the debt ceiling hostage.

Last night, Ryan said that the Obama presidency "began with a perfect Triple-A credit rating for the United States; it ends with a downgraded America."

And here are the facts, from the actual statement from S&P at the time:

Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act. Key macroeconomic assumptions in the base case scenario include trend real GDP growth of 3% and consumer price inflation near 2% annually over the decade.
Ryan and his crew of nihilists in the House, with their absolute refusal to raise revenue, their absolute refusal to negotiate in good faith, caused the downgrade. S&P assumed that there was no way that the Bush tax cuts would be allowed to expire because of Ryan and his cohorts, and slammed them and the nation's credit rating for it, probably in hopes that it would wake them up to the danger they were posing to the economy. Those warnings certainly fell on deaf ears. The fact that Ryan was openly flirting with the idea of actually letting the country default for “a day or two or three or four" demonstrates just how futile that effort was.

Ryan isn't just a liar, he's a dangerous ideologue, and in this case the lie exposes the true nature of the man who speaks it.

Intro

You must enter an Intro for your Diary Entry between 300 and 1150 characters long (that's approximately 50-175 words without any html or formatting markup).

Extended (Optional)

Originally posted to Joan McCarter on Thu Aug 30, 2012 at 09:46 AM PDT.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.