Skip to main content


Reposted from RJDixon74135 by MKSinSA

In this diary, I will present a walking tour through “Believe in American – Mitt Romney’s Plan for Jobs and Economic Growth.” I hope it’s relatively painless. If you’ve been thinking you should have read the Romney plan by now and wondering what’s really in it given the sometimes conflicting claims, but just haven’t had the time or stomach to do it, this is for you.

Actually, tackling his document on your own is somewhat easier than you may have thought. Although you’ve probably heard it described as 159 pages, Adobe counts the pdf version at 87 pages, owing mainly to the smaller than 8.5 x 11” format of the original. So, for those who do have the time and inclination, or those like me who simply have to see it to believe it, here’s the link to the Romney plan (pdf).

Before I start, I need to note a couple of general things about budgets:

1.    Almost invariably, budgets have numbers, you know, estimated amounts of revenue and expense. Romney’s document does not.  Hence, rather than a budget, Romney’s document is more like a rambling philosophical treatise. At most, it’s a set of some of the policies he advocates.  (In contrast, Paul Ryan seems to have turned over his own philosophical treatise and policy recommendations to the Congressional Budget Office for conversion to into a very short approximation of what an actual budget might look like if his proposals were all accepted by both houses of Congress, but Ryan’s plan is not the topic of this diary.)

2.    The hardest part of “balancing” a budget for an entity like a government is estimating the correct amount of revenue that will be collected.  Expenses can be more-or-less calculated based on quotes provided by suppliers and decisions that can be made about how much money to spend and how to spend it.  Revenue, on the other hand, depends on variable factors such as the number of people who will be working and paying taxes at a given rate, i.e., unknowns.  In such cases, a useful budget should include not only the dollar amounts estimated for the future period, but also a side-by-side comparison to the actual amounts recorded in the most recent previous period. Deviations should be explained. Without this, virtually any budget can be made to “balance” merely by adjusting the revenue  projections.  Mitt Romney has promised to create 12 million new jobs. I hope someone will pin him down with questions about how much estimated tax revenue is associated with all these hypothetical new workers and what will happen to the expense side of his budget if these jobs fail to appear.

And, a couple of general things about the document:

1.    The copyright notice

Copyright © 2011 Romney for President, Inc. All rights reserved. Brief excerpts or quotations from this publication accompanied by proper acknowledgement may be used in blog posts, news reports, articles, or reviews. Permission to reprint or post longer sections or entire chapters must be obtained in writing from Romney for President, Inc.
I will respect that restriction, in accordance with my understanding of fair use, so as not to cause any financial damage to Mr. Romney or his publisher, to the extent that such damage is possible in that document that is available for free online.  

2.    Authorship

No attempt was made to disguise the fact that almost none of Mitt Romney’s plan was written by Mitt Romney which might explain why he sounds so vague when asked about it. Note that the title itself is expressed in the third person as is almost all the text .  The author of the majority of the text is, at least to me, unknown.

In fact, the tiny amount (nine paragraphs) of writing by Mr. Romney included in his plan (beyond the almost 4-page “Introduction/ letter” in which Mr. Romney recaps his own “success” and President Obama’s “failure”), is actually excerpted from his book published last year, No Apology, The Case for American Greatness, still available at Amazon, list price $15.99, now discounted to $6.40 or free for Kindle.

On the other hand, the various segments of the plan include sidebars contributed by other conservatives who are identified.  Generally, their contributions are a little bit campaign speech, a little bit sermonette. These contributors include:  Scott McNealy,  founder and former CEO of Sun Microsystems; Andy Puzder, CEO of CKE Restaurants, Inc., which operates the Hardee’s and Carl’s Jr. restaurant brands; Dave Heineman, governor of Nebraska; Jim Talent, former U.S. Senator from Missouri; Peter Schaumber,  former chairman of the National Labor Relations Board; Jim Risch, U.S. Senator from Idaho; and, of course, Meg Whitman, former CEO of eBay, and in 2010, the Republican nominee for governor of California. Even if you decide to read the document for yourself, I’d say you could comfortably skip those.

Finally, take a look at the tour map while you’re slipping into your walking shoes:

The Table of Contents

01 Foreword

02 Introduction: Letter from Mitt Romney

06 Day One, Job One

09 Part I: America in Economic Crisis

21 Part II: President Obama’s Failure

31 Part III: Mitt Romney’s Plan

37 Tax Policy

53 Regulatory Policy

69 Trade Policy

85 Energy Policy

101 Labor Policy

119 Human Capital Policy

135 Fiscal Policy

151 Conclusion

You may feel you already know what Mitt Romney (or his surrogate on his behalf) would say about each of the segments named in the TOC.  If you want to know a little more about what has been committed to writing in Mitt’s name regarding how he would save our country, head down below the fold for more including some quotes and some comments.
Continue Reading
Reposted from Joan McCarter by MKSinSA
Paul Ryan
Paul Ryan, fraud
Paul Ryan is showing his stripes as just another typical, hypocritical Republican. From abortion to stimulus funding to the Medicare cuts in his budget, to now, defense spending. Big surprise here: He was for cutting defense spending before he was against it.

Ryan voted for the Budget Control Act, the law that sets up an automatic trigger, or sequester, to cut spending on defense and other domestic programs. The cuts were included in the act to try to force Congress to come up with alternative cuts through a bipartisan supercommittee. But House Republicans, including those on the supercommittee, have been so focused on abortion, repealing Obamacare, and naming post offices, they didn't actually succeed in coming up with those alternatives.

Even though Ryan voted for the BCA, and thus for the sequester, he's slamming President Obama for the cuts. The cuts he voted for. And in doing so, he's embracing something he says he doesn't believe in—jobs created by federal spending.

It’s either lose defense-related jobs in Pennsylvania or put small businesses further at a competitive disadvantage,” Ryan said on Tuesday at a helicopter museum in West Chester, Pa. “I got a good idea—why don’t we take away President Obama’s job and create jobs for everybody no matter what industry they are in?”
Ryan said that “almost 44,000 jobs” are at stake if the cuts go through, breaking with his usual small-government argument that federal spending does not spur employment.
Paul Ryan is as much of a fraud as his running mate.
Discuss
Reposted from UnapologeticObamaDem by MKSinSA

There are archives of Paul Ryan for Congress available at hisCampaign Website Archive.  These include archives of his issues page, although that has been scrubbed after 2006 (apparently).  

Still, there are a few gems to be found (some below the jump) that give an interesting perspective on what Congressman Ryan has actually campaigned on (and give us a few unfortunate photos).  

Please feel free to mine this - as I have only given it about an hour - and post some nuggets in the comments or in a new diary, as appropriate.  This has been peddled to some of the usual suspects, and the press has not drawn attention to it.

Continue Reading
Reposted from ProgressiveLiberal by MKSinSA

Original Post HERE

imageThe Romney-Ryan campaign is trying to position these two politicians as the champions of America's middle class and budget reformers, in the face of all evidence to the contrary. It is imperative that they are not allowed to do this. Their success will have a negative material impact on the middle class.

In America, our leaders are supposed to work for all of us, not just the wealthiest few. Mitt Romney and Paul Ryan are planning a massive transfer of wealth from working families to the already-rich.

As I See It(Check It Out)Their top-down class warfare would make the entire middle class pay more taxes, end guaranteed Medicare, and cut Social Security -- all to pay for more wasteful tax breaks for the already-rich.

It's no wonder Romney picked Ryan to be his running mate -- Ryan's plan would let Romney pay a tax rate lower than 1% and end Medicare's guarantee of coverage that he'll never need. How out of touch can they get? Listening to them you'd think they really believe the middle class has it too easy and the already-rich have it too hard.

Here are verifiable facts that you should read and you must share. Our fellow Americans constantly vote against their own interest mostly because they choose to trust our Plutocracy’s media, the mainstream media. We know your friends and family trust you more however. Study all the objective data below and share with your circle of influence, your friends, family, acquaintances, & co-workers.

LIKE My Facebook Page


Does Obamacare rob Medicare by $700 billion?

  • The real threat to Medicare is the Romney-Ryan plan to end Medicare as we know it, which replaces the Medicare guarantee of coverage with privatized vouchers. They want to stick your parents with a coupon to hand over to the insurance companies.
  • Actually, that $700 billion in savings is just waste and abuse we're getting out of Medicare, to make sure seniors and taxpayers aren't getting ripped off. If that's so bad, why does the Romney-Ryan plan have the EXACT SAME $700 billion in savings?
  • The only difference is that Ryan and Romney want to use that money to pay for more tax cuts for the already-rich. Obamacare puts the money back into Medicare to expand benefits and strengthen the trust fund.
  • In fact, Obamacare does not cut Medicare benefits for seniors at all. In contrast, Romney's plan cuts $2 trillion from Medicare.

Does Romney/Ryan policies reduce taxes on the rich as middle class pay more?

  • Nonpartisan experts show that their tax plan would raise taxes on the entire middle class while giving massive tax cuts to a tiny number of the already-rich -- no matter how the blanks in their plan are filled in.
  • Any way you look at their plans, independent study after study confirms that Romney and Ryan's plans would make working families pay more so they pay less.
  • Let's remember who Romney's asking you to believe: a politician who's hiding something that's worse than voters believing he didn’t pay income taxes for a decade.

Is President waging class warfare?

  • As Warren Buffett says, the only class warfare in America is being waged by his class, and they're winning.
  • Just look at Romney-Ryan's top-down class warfare -- it would be Robin Hood in reverse, expected to produce the largest redistribution of income from the rest of us to the richest few in modern U.S. history.
  • Romney isn't just the first politician who may be running to be president on the advice of his accountant. He's apparently running to be the country's first Class Warrior in Chief.

Verifiable Information You Must Know

TAXES

  • Mitt Romney's income tax rate would be less than 1% under the Romney-Ryan budget.
  • TPC & Brookings: Romney's tax plan would raise taxes on 95% of Americans, including the entire middle class, making the average middle class family pay $2,000 more -- while giving a millionaire another tax cut of nearly $100,000 on top of the Bush tax cuts (separately worth about $150,000).
  • TPC, CAP: Romney's plan would raise taxes on 18 million families to help pay for massive tax cuts for himself, including $4.5 million in income taxes and $112 million in estate taxes.
  • NEC: As a House Republican, Congressman Ryan pushed to raise taxes on 25 million working families by an average of $1,000 apiece, while giving a tax cut of $160,000 to those making over a million.
  • NEC: In fact, as a Republican in Congress, he's threatening to raise taxes on 98% of Americans, or almost 120 million working families, by an average of $1,600 unless the richest 2% get $1 trillion more in tax cuts.
  • JEC: The Romney-Ryan budget would give a household making more than a million dollars a tax cut of almost $300,000, but raise taxes for a typical middle class family by $1,400.
  • Contrary to claims of Congressman Ryan being a deficit hawk, he voted for the Bush policies driving today's deficits -- including the wasteful Bush tax cuts for the richest 2%. (In contrast, the Congressional Progressive Caucus's People’s Budget would eliminate the deficit and balance the budget within ten years.)

SENIORS

  • The Romney-Ryan budget would end the Medicare guarantee of coverage and replace it with privatized vouchers or coupons -- increasing out-of-pocket costs and pushing many seniors into the poorhouse. And despite GOP claims, their plan would force current seniors to pay more now.
  • The Romney-Ryan budget creates a fast track to cut Social Security, as well as the Social Security Administration.
  • Congressman Ryan authored a plan to privatize Social Security and turn it over to Wall Street, which would have required $2.4 trillion in additional costs in just the first 10 years.

HOME FRONT FUNDING

  • The Romney-Ryan budget would cost us up to 4 million jobs or more in the next two years alone.
  • The Romney-Ryan budget would deeply cut our investments in our home front funding, including education by 20%, and let the child tax credit expire, pushing many children back into poverty.
  • In fact, the Romney-Ryan budget puts America on the Path To Poverty -- throwing vulnerable kids off Medicaid, laying off teachers, and eventually ending all federal law enforcement, air traffic safety, and protection of our food and water.
Discuss
Reposted from Joan McCarter by MKSinSA
Paul Ryan with a Pinocchio nose
Who else could be Mitt Romney's running mate?
Earlier this week the Boston Globe detailed Paul Ryan's efforts to get funding for his district from President Obama's stimulus program. He voted against the stimulus, and called it a "wasteful spending spree," but ended up getting millions for Wisconsin organizations and businesses after sending multiple letters to the administration appealing for the money.

But it gets so much better. Just months after he sent all those letters and secured that funding, Ryan said it never happened.

On October 28, 2010, after the Wisconsin Republican penned at least five letters to two federal departments seeking grants under the Obama administration’s economic recovery package, Ryan responded to a caller on WBZ’s Nightside with Dan Rea who asked if he sought any of the money. Ryan said that he would not vote against something “then write to the government to ask them to send us money.” [...]

“I assume you voted against the stimulus,” caller began. “I’m just curious if you accepted any money in your district.”

“No, I'm not gonna vote [against] something then write letters to the government to send us money,” Ryan responded. “I did not request any stimulus money.”

It was destiny. Mitt Romney has found the perfect match for his Etch A Sketch campaign.
Discuss

Thu Aug 16, 2012 at 05:45 AM PDT

TV Ad Barrage Against Ryan Begins

by AZDem

Reposted from AZDem by MKSinSA

It's from the DCCC:

DCCC Opens TV Ad Barrage Against Ryan

Continue Reading
Reposted from The Richmonder by MKSinSA Editor's Note: Ryan's insider trading story ... a case study in media acceptance of political spin vs actual research -- MKSinSA

I am J.C. Wilmore, and I am the Richmonder.

When I posted early Saturday afternoon about the possibility that Paul Ryan may have traded on insider information on September 18, 2008, the day key members of Congress were warned about the impending bank crisis, I had no idea what I'd touched off.  That first day, traffic to my site was up significantly, I got perhaps a week's worth of traffic in a day.  On Sunday, traffic was up even more and then on Monday the story exploded and I received a year's traffic in 24 hours.  I was blown away.

Continue Reading
Reposted from lowkell by MKSinSA

Cross posted from Blue Virginia

This past Saturday, The Richmonder posted a fascinating story providing evidence of possible insider trading by Willard Romney's running mate, Rep. Paul Ryan, just prior to the 2008 stock market crash. As The Richmonder explained:

... 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.

On Monday, The Richmonder's story "went viral," as they say in social media lingo, with blogs and newspapers all over the world picking it up. But then...(cue ominous music)...the story was (supposedly) "debunked" by Benjy Sarlin of Talking Points Memo (TPM). The supposed "debunking" was based on one key fact, that "the meeting with Bernanke took place in the evening after trading hours, meaning Ryan wouldn’t have had time to execute the move if he wanted to." In addition, not that we should care what pathological liar Willard's campaign has to say about anything, but they claimed "Ryan had nothing to do with the trades in the first place." Whatever.

So, based on this TPM "debunking," The Richmonder's story died. Except now it's apparently un-"debunked," thanks to great work by Lynn Parramore of AlterNET:

Continue Reading
Reposted from FiredUpInCA by MKSinSA Editor's Note: Ryan takes friendly fire. Ouch. -- MKSinSA

Paul Ryan went on Fox in his first solo interview as GOP veep nominee and like his boss, spent most of his time running from his accomplishments. Shockingly, Brit Hume allowed him to run but not hide.

Ryan repeatedly tried to deflect attention from his own highly controversial budget proposal in an interview with Fox News’s Brit Hume Tuesday.[...]

Hume didn’t buy the suggestion that the Romney-Ryan ticket wasn’t running on Ryan’s budget plan, and the interview focused largely on Ryan’s budget package. In one exchange on balancing the budget, Hume objected when Ryan tried to talk about Romney’s plan — which has drawn fire for being vague at best. Hume insisted Ryan talk about his own economic vision, which doesn’t bring the budget into balance for decades.

Ryan couldn’t predict when Romney’s plan would balance the budget.

Hume: The budget plan you’re now supporting would get to balance when?

Ryan: Well, there are different — the budget plan that Mitt Romney is supporting gets us down to 20 percent of GDP government spending by 2016. That means get the size of government back to where it historically has been. What President Obama has done is he brought the size of government to as high as it hasn’t been since World War II. We want to reduce the size of government to have more economic freedom.

Hume: I get that. What about balance?

Ryan: I don’t know exactly what the balance is. I don’t want to get wonky on you but we haven’t run the numbers on that specific plan. The plan we offer in the House balances the budget. I’d put a contrast. President Obama, never once, ever, has offered a plan to ever balance the budget. The United States Senate, they haven’t even balanced, they haven’t passed a budget in three years.

Hume: I understand that. But your own budget, that you —

Ryan: You are talking about the House budget?

Hume: I’m talking about the House budget. Your budget will be a political issue in this campaign.

Ryan: The House budget doesn’t balance until the 2030s under the current measurement of the CBO baseline.

http://2012.talkingpointsmemo.com/...

Here is a different TPM article watching Wonder Boy wriggle from a different angle:

Rep. Paul Ryan (R-WI), Mitt Romney's newly selected vice presidential running mate, on Tuesday night struggled to explain why his budget, which has been embraced by both Romney and the GOP, sustains the same Medicare cuts of which his campaign is now attacking President Obama.

"Doesn't your budget also cut Medicare for the same amount?" Fox News' Brit Hume asked in an evening interview.

"Only President Obama raids $716 billion from the Medicare program," Ryan responded. "He cut $716 billion from the Medicare program to pay for Obamacare. We don't do that."

"You're not saying you don't contemplate in the budget planning significant savings of $500 billion in Medicare, though, are you?" pressed Hume.

"No. We can get in the complicated baseline issues but that is the current law," Ryan returned. "So what we do is we keep with the current law in our budget."

"But it's the case that in the budget you passed through the House of Representatives, significant savings of upward of $500 million in Medicare," Hume continued.

"We do not add cuts to the Medicare program in the House budget," Ryan said. "We have don't take more cuts to Medicare. We simply prevent the raid of Medicare so those dollars go to set up the life of Medicare."

http://livewire.talkingpointsmemo.com/...

So now we have a glimpse of what Wonder Boy's role will be and what this entire campaign is going to sound like.

Whenever Ryan is pressed to offer specific details he's going to say 'I don't want to get to wonky or get into the base line issues. Just trust me and my fawning press about how serious of of a budgeter I am.'

Like his boss, Ryan is going to repeatedly disavow his signature achievement--his budget--and make outrageous claims about the President spending more money than every President ever.

Paul Ryan is their best and brightest? He can't make a case for his greatest accomplishment in 13 years of public service?

Bring it on Bainman and Robin. Watching your imminent, well-earned defeat is going to be a delight.

Discuss
Reposted from Joan McCarter by MKSinSA
U.S. representative (R-WI) Paul Ryan attends a vigil in Oak Creek, Wisconsin, August 7, 2012. The killings of six worshippers at a Sikh temple in Wisconsin has thrust attention on white power music, a thrashing, punk-metal genre that sees the white race u
Paul Ryan, deficit peacock.
Boy, that Paul Ryan sure is a serious deficit cutter. He "knows more about the debt crisis we’re about to face" than anyone, says Speaker John Boehner. When it comes to deficit cutting, Ryan's pure as the driven snow. Except:
JANESVILLE, Wisc.—In 2009, as Rep. Paul D. Ryan was railing against President Obama’s $787 billion stimulus package as a “wasteful spending spree,” he wrote at least four letters to Obama’s secretary of energy asking that millions of dollars from the program be granted to a pair of Wisconsin conservation groups, according to documents obtained by the Globe. [...]

The additional letters include his praise for the energy program’s aims, and clash with his own budget priorities, which call for curtailing many of the same Department of Energy investments that are designed to spur the growth of green technologies and reduce reliance on fossil fuels. [...]

[T]he biggest payoff came for the Wisconsin Energy Conservation Corporation. Ryan predicted the $20 million grant would be able to “create or retain approximately 7,600 new jobs over the three-year grant period and the subsequent three years.”
Yet in an interview with MSNBC two years later, Ryan again bashed the stimulus package.

“All this temporary booster shot stimulus didn’t work in the stimulus package, didn’t work when the last administration tried these things, so we don’t want to go with ideas that have proven to fail, we want ideas that have proven to succeed,” he said in an interview on MSNBC in September 2011. “I think tax reform is the key.”

Wisconsin apparently isn't capable of pulling itself up by its bootstraps. No going Galt in the Badger State. And who knew Paul Ryan is a closeted green energy fan? There's nothing inherently wrong with a member of Congress looking out for constituents and businesses back home. That's one of the things they're elected to do.

But what Ryan would do—did try to do—is secure the funding for his home state and then make sure that no other state could benefit, cutting the same programs that he credited for creating jobs back home. All of which basically makes him just another typical hypocritical Republican deficit peacock, perfect for the Romney team.

Discuss
Reposted from Brainwrap by MKSinSA

That's the headline from a story at Mother Jones this morning.

What isn't so well known about Ryan's record, though, is that one piece of legislation he supported is so extreme that it would have turned Romney's children into criminals.

The Sanctity of Human Life Act, which Ryan co-sponsored, would have enshrined the notion that life begins at fertilization in federal law, thus criminalizing in vitro fertilization—the process of creating an embryo outside of a woman's womb. In IVF, doctors typically create multiple embryos and then only implant the healthiest ones in the woman. Some of them stick and become babies, and some don't. The embryos that don't make it to the womb are either frozen for later use or destroyed. The Sanctity of Human Life Act, if passed, would make all those embryos "people" in the legal sense, so if they aren't used or don't become babies after being implanted, they would essentially become murder victims under the law.

Continue Reading
Reposted from jakewaters by MKSinSA

This is my first whack at a diary so bear with me.  

With the media and the Kososphere so pre-occupied with Ryan's economic slights of hand, fine gifts though they are to us all, methought to look into what might make him tick.

Unsuprisingly its money, dirty money.  Oil fracking money.  

It seems to me that it is his passion for this money that drives the love letters to himself that are his budget proposals for our fair nation.

Yesterday I read in WaPo that among his disclosed finacial interests he'd been involved with a company called Blondie and Brownie. This conjured too many images to pass up so I googled.

Well, I found me a fine lot of recipies for desert squares but it wasn't until I tossed 'Ryan' into the combo that I found gold. Black gold, Oklahoma T, as that other Jed (Clampett) would have said.

It was on this here site with the provocative title of 'Badger Democracy:Progressive Truth in Journalism.'  

http://bdgrdemocracy.wordpress.com/...

You may call me cynical but you may also call me Mayor Jake, proponent of small governments, and you can follow me below our beloved orange sideways orgy of ampersands for some progressive ranting and perhaps a sober thought or two.

http://bdgrdemocracy.wordpress.com/...

Continue Reading
You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.

RSS

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site