Friday, January 11, 2013

Ryan Cost Romney the Election

How may that be when Mitt was such a woeful candidate?

"Ryan finds fault in $40b Fed plan

Republican Vice Presidential candidate Paul Ryan thinks the Federal Reserve is making a mistake in its new effort to prop up the economy.

Ryan spoke at a rally in Oldsmar, Fla., near Tampa on Saturday. He said the Fed’s plan to spend $40 billion a month to buy mortgage bonds in an effort to keep interest rates low won’t work.

RelatedFederal Reserve unveils $40 billion stimulus plan

He said it will help banks and Wall Street but not people. He called the idea ‘‘sugar-high economics.’’ Ryan’s comments came during a speech that often criticized President Obama’s economic policies....

Yeah, you can't do that. Cross banks in AmeriKa and your done. 

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UPDATE:  

"The central bank said at the time that it would buy securities at a rate of $40 billion a month. Under a separate program introduced last year, the Fed is also buying about $45 billion in long-term Treasury securities each month."

Not even sucking up to Israel could save him:

‘‘Look across that region today and what do we see?’’ Republican vice presidential nominee Paul Ryan asked at the Family Research Council’s annual Values Voter Summit. ‘‘The slaughter of brave dissidents in Syria. Mobs storming American embassies and consulates. Iran, four years closer to gaining a nuclear weapon. Israel, our best ally in the region, treated with indifference bordering on contempt by the Obama administration.’’