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Paul Ryan fumbled the hand off

Paul Ryan was sent into the friendly confines of Fox News and he fumbled the hand off. This one was easy. He simply screwed up a simple question, a question which a ninth-grade debate student would have been ready for. Paul Ryan is the Republican financial guru on Capitol Hill. He developed the last two Republican budgets. Yet, when he was asked by Brit Hume about when his budget balances, he couldn’t answer the question.

Watch it:

Now, he should have planned for this question. It should have been obvious to everyone that he would get the question. He could have said, “The problem is that we are in such a huge deficit hole that we can’t balance the budget in the next five to seven years without huge cuts to social services which would devastate the elderly and poor and that is just not realistic at this time. Our plan is a nice step in the direction of fiscal health.” That would have been pretty good, but he didn’t say that.

By |2012-08-18T23:19:30-04:00August 17th, 2012|Economy|4 Comments

What's Going On – News Roundup

Sunday Afternoon News Roundup

  • Although Israel’s Prime Minister Ehud Olmert has stated that his country is close to achieving its objective, it is hard for me to imagine what that objective is. If the objective is chaos, starvation and causing more Palestinians to hate you intensely, then perhaps he is right. The intensity of the fighting appears to be increasing.
  • New York Times columnist Bob Herbert agrees with me. In his column yesterday he discusses the horrible jobs picture. He emphasizes the need to throw out the Republican safety blanket, tax cuts for all, as the answer to all problems. Tax cuts are not going to fix this problem. We’re going to need to invest, as I said yesterday. Nobel Prize-winning economist Paul Krugman gave us all some information to ponder on Friday. He suggests that the $775 billion stimulus package may not be large enough to stimulate our economy. Personally, I don’t think Obama and his economic team will get a second bite at that apple. It is critical for them to get the economic stimulus package correct the first time.
  • George Bush admitted today in an interview with Brit Hume that he authorized the torture of Khalid Sheikh Mohammed. So does that mean that he has admitted to a war crime?
  • One of the most interesting stories that came out yesterday was that Israel asked the Bush administration for permission to bomb Iran. They also asked for special bunker-busting bombs. The Bush administration said no. The Bush administration said no to Israel. It just doesn’t seem right. The neoconservatives have gone out of their way to push a pro-Israeli agenda, especially in foreign policy. Look for more reporting on this issue.
  • Look for Obama’s economic team to overhaul what is left of the $700 billion bailout package. Thank goodness. This is clearly in need of some significant overhauling.
  • Frank Rich wrote an excellent column yesterday comparing the Bernie Madoff Ponzi scheme to the cronyism and corruption seen in the Bush administration. Basically, he states that over the last eight years we, the American people, have been victims of the Bush administration’s Ponzi scheme. No, it was not literally a Ponzi scheme but it was our money getting thrown to an endless supply of Republican insiders.
  • Finally, I was on a Maureen Dowd bandwagon for many years. Then, over the last two years, she has criticized Barack Obama relentlessly. The man couldn’t put on socks and shoes without a long column describing his inadequacies in putting on socks and shoes. In yesterday’s column, she discusses the victory laps that VP Cheney and President Bush have been taking. I think she is correct in mentioning when Fred Barnes and Bill Kristol, the neoconservatives’ conservative, can point only to President Bush’s attempt to privatize Social Security as his biggest (almost) accomplishment. This president’s legacy is in serious jeopardy. Just consider where we would be if we’d have allowed the privatization of Social Security.
By |2009-01-11T15:54:53-04:00January 11th, 2009|Al Qaeda, Bush Administration, Economy, Torture|Comments Off on What's Going On – News Roundup
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