Business as Usual – Paul Ryan Pushes Through Multiple Wall Street Giveaways in the Highway Bill

Liberty Blitzkrigg ^ | 06 October 2015 | Michael Krieger

[Lorianne]

It was always going to be a seamless transition from John Boehner to Paul Ryan. These men are cut from the exact same cloth, which is worshipping at the altar of crony capitalism. They talk a good game about about “free markets” and “entrepreneurship,” but at the end of the day, are both staunch defenders of statist, centrally planned economies, as long as the subsidies go to mega-corporations.

David Dayan, who’s excellent work I’ve covered many times here at Liberty Blitzkrieg, just published an article at the Fiscal Times outlining the plethora or Wall Street giveaways recently added onto the “Highway Bill.” One of these relates to something I’ve covered previously, the 6% annual dividend paid by the Federal Reserve to its member banks. Here’s some background from a previous post, Banks Squirm as Congress Moves to Cut the 6% Dividend Paid to Them by the Federal Reserve:

[skeeter]

If the GOPe thinks foisting Paul Ryan and his slick delivery on us means the end of the insurrection, I think they’re wrong.

[ASOC]

You sound surprised.

The US has always had the best Government money can buy. It’s been that way since I was a kiddo - and applies to both parties.

(Shrug) Still beats living in Mexico....

[vpintheak]

Meet the new boss, same as the old boss.

[headstamp 2]

The money gets the favors.

[Dick Bachert]

Wait 'til this clown gets going on IMMIGRATION! Don't bother calling. It's too late for that!

Mr. Jefferson wrote that rule in the House allowing a member to call for the ouster of the Speaker TO PREVENT THE SPEAKER FROM BECOMING A DICTATOR. Why did Ryan DEMAND exemption from that rule??

[piasa]

Just so you know what sort this author is, here is how he feels:

“the barbaric “contras” against the Nicaraguan people in the 1980s”

Evidently he’s rather fond of the communist Sandinistas. Charming, in light of how the Sandinistas participated in armed hijackings alongside Palestinian terrorists.