Ryan launches Wisconsin back-up plan

This is not a plan?

http://www.mittromney.com/sites/default ... rd_1_1.pdf

http://www.mittromney.com/blogs/mitts-v ... ontent=wmr

Nope. Doesn't say what he would cut to balance the budget or reduce the deficit. You are no doubt aware he has refused to give specifics.

Even in the non-budget areas "Give every student access to a great school and quality teachers"... how does he propose to do that?

"Give states responsibility for programs they can implement more effectively" Didn't he slam Obama for doing that regarding welfare?

Do you have a copy of Obama's plan so I can compare? Not sarcastic, serious.

Raees wrote: Nope. Doesn't say what he would cut to balance the budget or reduce the deficit. You are no doubt aware he has refused to give specifics.

Even in the non-budget areas "Give every student access to a great school and quality teachers"... how does he propose to do that?

"Give states responsibility for programs they can implement more effectively" Didn't he slam Obama for doing that regarding welfare?

I've seen quite a few specifics on the "Path to prosperity", but he isn't the president, so they will have to go with Romney's plans.

The "Give every student" is easy. Vouchers and performance pay. We've tried it the democrat's way. It is time to let the reps try vouchers, and see which model works better.

States responsibility is not the same as the welfare rollback. Now if the feds block granted welfare $$ to states, THEN let them do as they please, that would be fine, but that isn't what is happening. Ryan (and other conservatives) want to do just that. Block grant $$. Then states can actually make substantially better decisions than the feds.

Get ready for some inflation, fed just decided to start pumping 40 billion a month into the economy.
I don't see people getting into new homes because we just don't know that they are investments anymore.
Fed took away the safety net of lowering interest rates to falsely prop up the economy now they had to resort to nuclear bombing with actually paying the market to get out of it.


0% percent interest until 2015.

The Federal Reserve announced it would spend $40 billion a month on bond purchases in an effort to stimulate the economy and drive the the unemployment rate down.

http://www.npr.org/blogs/thetwo-way/201 ... w-stimulus

"The new purchases will mark the first time in more than two years that the Fed has expanded its holdings of mortgage bonds. That decision reflects the Fed's view that the housing market still needs help, and that lower rates on mortgage loans could provide significant benefits for the broader economy."

Interesting how this part got left out:

Bernanke said the Fed's spending is not the same as government spending because the Fed buys financial assets and not goods and services. He said that earnings from the securities it buys are remitted to the Treasury and ultimately will help reduce rather than increase the deficit.

Wow... REDUCE RATHER THAN INCREASE the deficit... Amazing...

Probably won't mean much to the 'baggers...If the middle class doesn't get hurt, or something gets cut, then it can't possible be a good thing...

40 billion of printing money is reducing the deficit? LOL Yeah we will see.

Yeah, we will.... Like the $1.5 Billion IN INTEREST AIG just repaid; and the Billions IN INTEREST just paid by GM...

Of course, I realize that unless programs can be cut to hurt the poor and middle classes, it will disappoint some people... But just maybe, it will help create some jobs, since the GOP is hell-bent on making sure the jobs-bills don't pass.

But, hey, with that "laser-like focus on jobs", I notice that GOP Senators are falling all over themselves to make sure that marriage-equality is kept off of military bases...Now, THAT'S IMPORTANT...

Whatever, another bottomless pit conversation. Someday someone is going to wake up with a bunch of debt to deal with. The problem? Certain people are making and taking money and the government is trying to make up for it. That can't last forever and I don't think the the government should be involved in making money off the market. This is like you about to overdraft on your bank account and you are out writing checks at other places and putting it in your account before the check clears to keep it from actually overdrafting but someday you won't be able to do it anymore and will get caught. The fact is the market should be propping itself up. It is a pad. This is going to hurt the dollar and inflation and the government is going to try and make money so that it can go out AGAIN and spend it on what they think is right. Let the market do it.


People and businesses should be the ones to prop this up. To me it is still about the underlying 'you can't do anything unless the government tells how' approach. I don't agree with it so don't go into the republicans did this and hate that. My statement speaks for itself and I want prosperity for ALL. Just in more direct approach.

Wasn't it mortgage backed securities backed by the implicit guarantee of the federal government that led to the problem to begin with? The Federal Reserve is now going to be printing $40 Billion a month in currency to buy mortgage backed securities? So, let me figure this one out here. The Federal Reserve is printing up a bunch of money to purchase everyone's mortgage, which in essence means that it will be the entity owning all of our homes until such time as we pay off the notes, and I am supposed to find security in this new knowledge? You folks can't be serious, can you? What is happening right before your very eyes is a consolidation of physical assets into a very few hands.