Posted on 02/02/2012 9:37:14 AM PST by Hunton Peck
Thanks for the hot links.
It is truly baffling to me why it has taken Ryan 3 YEARS to say that there is a problem.
It is also baffling to me why Ryan does not insist on Bernanke’s immediate resignation.
BTW, could it possibly be that the Ryan brain freeze is proof that he is really a RINO?
We, in Wisconsin, have been trying to get Paul Ryan to run for higher office for years. He won’t budge. He has a wife and small children, and I believe that his life has been threatened. He also feels that he is in his proper niche as chair of the budget committee in the House. Maybe in the future.
If the problem in question is quantitative easing, he addressed that at least as early as 2010, after the last round of it, in this column: Refocus The Fed On Price Stability Instead Of Bailing Out Fiscal Policy. The round currently under discussion is, I believe, the first since Ryan assumed the chairmanship of the budget committee.
As to why he hasn't called for Bernanke's resignation, I can't say. Maybe he doesn't think that just changing the name on the Chairman's door would help get the Fed out of the fiscal policy arena.
Some problems are obvious by inspection. Others take some degree of fact-finding investigation. Ryan has chosen to simply jawbone for THREE YEARS! That is the problem: all talk and no action!
For example, after Porky Pelosi’s Pork-Barrel Bill in early 2009, the 6 month data available revealed that it was a failure. TARP money was never spent on what Congress mandated it be used for. Trillions and Trillions of Dollars later Ryan is still chattering away, scolding and caving-in to every “deal” the Democrats dream up.
Ryan has not been silent, he just is all talk and no action. A RINO to the core!
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