Paul Ryan Talks To His Fellow Americans

pbs??

It was a great speech an inspiring speech actually. Enough with the class war-fare and stupid, idiotic attack ads at a man's integrity and character but more to the actual solutions. We don't need demagoguery of the nation we need combination and results. The great O promised it but didn't have the ability to every provide it. Enough said. Let's move on to this new administration as I've grown tired of the old one.

http://www.youtube.com/watch?v=3zTW6Ekqn-4

Celina, it was the highest resolution version I could find. Who cares what station it came from. To the best of my knowledge, it's the same video feed on all channels.

I was able to listen to most of Paul Ryan's speech and have to agree with Charles Krauthammer's assessment that Ryan's point which I heard were clear, sharp and to the point.

I also thought Condi Rice's speech was great. I would like to see her have a government portfolio again.

All I hear is TARP.

In fact, I can see it from my house.

It'll be quite the contrast between the death abortion cult fest the democrats have planned. This evening's speeches were on fire and Paul Ryan knocked it out of the park. All I can see or hear from my front porch is Moochelle crying about giving up the jet.

Posted by: langmann at August 30, 2012 12:26 AM

You are aware that all TARP money has been paid back with interest to the US Treasury.

Since you bring it up, it must be a talking point somewhere.

A relative of mine brought TARP up two weeks ago and did not believe all money has been paid back. No apologies once the research was done though. Typical.

Government Motors, on the other hand, is a big loser. Shares bought for the Big Unions with taxpayers dollars are now worth one-third what was paid for them.

Look that one up, langman.

It was an inspiring,down-to-earth and pithy speech, actually. He said what needed to be said- that the current administration has had plenty of time to repair and make things better but has not done so. He had his one-two punches but nothing incredibly biting (at least not for the thin-skinned tastes of the Democrats). THERE is an intelligent, well-spoken running mate.

Paul Ryan may have energised the attendees but the real meat will be in the debates. I hope it's him versus Obama because Biden would lose a debate with one of those wind-up duck bath toys for children.

Robert, thank you. That was neat. :-)

Indeed, thank you Robert for this well put together post.

You too PabloNH for your contribution.

SYF....links to your claim,please.And not guberment motors,but that all the bucks have been re-paid.

AT set you free:

Um. No. Go to CAO.gov. Much is still outstanding. Moreover look up the significant number of fraud charges laid involving TARP, the the use of small business finance loans from government to repay TARP loans, the number of increasing repayment misses, the fact that money went to campaign donations in a style that makes Quebec look innocent, and the dubious nature of it being overall beneficial.

Even Ryan himself has second thoughts on TARP. Still no where near the money Obama has wasted.

I want real action on deficits and debt. Not milquetoast.

The tarp money is still about 200 billion in the red.

http://projects.propublica.org/bailout/main/summary

After watching Ryan's speech (and Condi's earlier) on FNC, I switched to the children's storybook hour on MSNBC. Just for kicks.

America, you have much bigger problems than the economy if you allow such loonies as appear on MSNBC to masquerade as journalists or thoughtful analysts. The vitriol and hate, willingness to lie & determination to instigate class warfare amongst citizenry at all costs might indeed lead to the end of days.

He didn't write that....

:-)

OK, here goes.

peterj has the correct general link.

Here's today's numbers.

http://projects.propublica.org/bailout/list

Of the $197 billion net loss on the $603.8 billion advanced, the bulk of the losses are not with the private sector banks.

Fannie Mae 90.6 billion
Freddie Mac 51.2 billion
General Motors 27 billion
GMAC 10.7 billion
Chrysler 1.3 billion

AIG, with their $22.8 billion, technically is an insurer and not a bank, but just to cut y'all some slack, I'll allow that.

According to my math-challenged calculations, that adds up to 180.4 billion for institutions and businesses that are not private banks.

That leaves about 17 billion less than the total loss or about 2.8% of the total advanced.

I'm guessing the 87.5 billion in dividends, interests and other fees that have already been collected will continue and that the 2.8% loss to the private sector will be fully repaid.

If you take AIG (an insurer, not a private sector bank) out of the mix, on balance all the money advance to private sector banks has been paid in full, with interest with $5.8 billion on the plus side.

Call me a liar for 2.8% (without AIG) if you'd like, but in my books, that's close enough for me, especially since the chances of even more repayment continues and looks pretty good.

The real scandal with TARP are in the non-private sector entities, such as Fanny Mae, Freddy Mac and Government Motors. I'm sure the Canadian taxpayer is still on the hook for their part in the GM fiasco.

Accuse me of playing with stats if you'd like, but I still maintain that, on balance, all the money advanced to private sector banks has been paid in full.

WOW
I am worried that he is the anti-Christ, because he has made me a believer,Capital W WOW. We as Canadians need strong leaders, but this guy is too good to be true. As Canadians we must realize that we are dependent on America to stand for our freedoms as the NDP , nor the Liberals and unfortunately the conservatives will not stand for our values

@ Mike Kennedy: If you're looking for a leader. You'll end up with a master and you'll f'ing deserve it.

I wouldn't put much hope in this guy. His economic masterplan takes 27 years to break even under the best of circumstances. Same big government BS, different wrapping. A vote for Obromney and Ryden is like driving over the cliff at an 85 degree angle rather than straight over

http://www.youtube.com/watch?v=qxsQ7jJJcEA

SYF, I looked through the numbers you referenced at Propublica, and generally I agree with you on this. What's not indicated by Propublica is, of those banks which haven't paid back, how many still exist. There have been a large number of bank failures over the past four years, most of them small banks. And most of the money not paid back by banks are in small amounts.

I think a large distinction needs to be made between Government Motors and all the rest of the TARP layouts. Nearly all of the TARP program was providing liquidity during the credit crisis, but not Government Motors. That was the outright acquisition of equity. We won't know what the actual gain or loss is until government sells its shares back into the market. It's sold some, but not most of it, I believe. And given the general decline in Government Motors market prospects over the past few years, that's unlikely any time soon.

So yes, I agree with you. The losses in the TARP program are essentially concentrated in the five entities you mention. And that's pretty cheap given that we were staring at the complete failure of the entire American banking system in 2008, a failure which would have seen losses orders of magnitude greater than this if allowed to proceed unchecked.

By contrast with TARP which had essentially a $200 billion cost and declining, Obama's economic stimulus package spent about $800 billion and has largely been wasted.

Thanks for the link. It's always helpful to have hard data to look at.

I liked this remark from Dennis Miller even better:

"After Ryan's speech, Biden's sphincter is twitchier than a college kid who drank tap water in Mexico on spring break."

The CBC radio World News (what a misnomer!)report this morning carried this story, and as usual it was a bias piece of lousy yellow journalism so typical of the free loading CBC. The reporter, a man whose name I refuse to commit to memory and whose voice has the tone of an arrogant and insecure metro sexual lecturing school yard vice principal with a slight nasal twang to ensure that it grates on every nerve, was as he always is, a leftist bias shrill. Lord but I hate the CBC. They do not report the news they preach the message - and that message is - socialism is good, liberty and freedom is bad.
Ryan's speech was excellent and our intrepid CBC missed the whole friggin point.

"... whose voice has the tone of an arrogant and insecure metro sexual lecturing school yard vice principal with a slight nasal twang to ensure that it grates on every nerve..."

You just described every NDPee'er I've ever heard.

Hey, why are you picking on those poor NDP'ers? If their zippers are puled up and their shoes are tied, they're doing the best they can! :-)

On the subject of TARP funds, its been noted during the debt/deficit comparisons for Bush/Obama that the payout of TARP funds during what was left of Bush's administration were counted in his debt column, whereas the payback of the TARP funds during Obama's time were counted in his plus column.

I saw a competent speaker with a clear message that was well received. The left will try and destroy the messenger, as usual, but it will not work this time. It's over before it began. Mitt has $180M to just show this speech over and over again. Bye bye Obama, I can't wait to watch you live out the rest of your days in obscurity.

PBS: I've been watching PBS -- very few commercials -- and what a leftard fest, with Gwen Ifil leading the nasty put-downs. Mark Shields, licking his lips nervously, Judy Woodward, looking increasingly alarmed, and David Brooks, the sell-out "conservative," fill out the PBS interrogators.

I'm loving watching their deer-in-the-headlights reactions to the intelligent and mature responses of their Republican guests, every one of them offering considered and common-sense solutions to America's almost unprecedented unemployment rate and soaring debt.

HUGE beef, however: They cut off Chris Christie's speech and Paul Ryan's before they had finished -- and put on pro-PBS, anti-GOP ads. Very uncouth, very not cool. PBS shows its leftie bias at every turn -- but the GOP are showing their class and why so many states with Republican Governors are turning economic disaster around, with balanced budgets and surpluses after a few years in power.

If Mitt Romney gets in, he's got a lot of talent to call on to fill out his Cabinet.

God bless America! The Romney/Ryan ticket is a hopeful sign for the turnaround of Obama's runaway, brigand ship of state.

Ok, I watched the whole thing. It was hard, but I did it. Half an hour to say three things:
1) Obamacare will be repealed so we can save your Medicare entitlement.
2) Our Bureau of Central Planning will work on getting y'all a job instead of jacking the deficit up.
3) Mit Romney is a nicer guy than that commie saboteur Barry, and we promise not to throw our wooden shoes in the gears on purpose like Barry does.

Huzzah!

Maybe I'm just cranky, but that's some mighty thin gruel right there.

Somehow I get the feeling Phantom is a Ron Paul supporter.

All I can say is, remember the Alberta election results. Nothing will change unless they get the voters out.

The saddest comment I heard was that one voter did not vote because he thought that the Wild Rose Party already won, and no need for him to vote. Now Alberta is stuck with a UN/Climate Change policy outlook, who is shutting down projects in the Wild Rose ridings.

I thought it was an incredible speech; a hard critique, not a personal attack as is carried out by the Democrats versus Romney and Ryan, but a critique, of Obama's policies. Very mature, very disciplined. Indeed, the whole focus of the conference so far has been this critique of Obama's policies.

Essentially saying that, 'yes, Obama inherited problems and they aren't all his fault but it's been four years and rather than solving them he's made it worse. We've given him his chance, now we must, together, move on'.

That is, Ryan was critiquing Obama and enabling the American electorate to feel free to reject..not Obama, which would make the electorate feel both stupid and guilty..but to reject Obama's attempts. And for the sake of America and its people, to move on.

That tired dusty old poster of Obama - that's the past. Now, lets all, Democrats and GOP, move on. Ryan was constantly referring to a bipartisan approach.

I thought the refusal to villify Obama (I'll do that nicely and constantly on my own) and yet the insistence on criticizing his attempts, focusing on a lack of leadership, throughout the conference and by Ryan, was excellent.

The focus on small business has been a major theme of the Conference, the focus on 'you DID build it', the focus on the debt - all vital.

And someone mentioned that, if Obama is claiming that he meant that 'you didn't build the roads', that's quite the red herring. After all, the roads couldn't have been built without that private business that made the wealth..to pay the taxes..to build that road.

A nice line: 'a country where everything is free but us". heh.
Phantom, the policies are to be outlined by Romney not Ryan. So Romney's speech is important; he's the leader and is being defined as the serious leader rather than the populist messiah.

Having Rice as the image of the way the US foreign affairs ought to be - another great tactic.

Now, we must wonder about the Democrat conference in a week. How will they deal with this? What will they offer as their definition of themselves?
They've been set up as deficient in the economy, jobs, medicare, foreign affairs, small business. How will they define themselves? Will it be ethnic divisions, class warfare and personal attacks?

Chris Matthews called the speech "mean spirited".

This from a guy who calls people "garbage" because they have different politics than him.

I just can't see Matthews carrying on TV for much longer. He's losing it so badly that MSNBC management felt the need to make a statement in support of him - never a good sign.

Paul Ryan kept coughing as people were applauding. He should have stepped from the microphone when he did that. The microphone is at throat level.

I'm guessing the campaigning is stressing his voice.

Posted by: rabbit at August 30, 2012 10:40 AM

WTF does that have to do with the price of eggs in China?

Mike Kennedy @ 4:05, not sure about your meaning in your first sentence, but I agree with the rest. Unfortunately western societies have been wooed by the false utopia of free entitlements and with those entitlements come a loss of freedom with regulation and a bloated bureaucracy in all areas of our lives. Our "conservative" governments have been complicit in this.

@ Hasse, the mess can not be fixed overnight without massive social upheaval.

ET, "After all, the roads couldn't have been built without that private business that made the wealth..to pay the taxes..to build that road."

That sentence goes a long way toward briefly explaining a liberal democratic capitalist society.

And another thing. Many of us here, including me, have sometimes railed against Harper for going too slow, but the evil that is Marxism has infected every area of our society, especially education, and the minds of the people have to be turned around. This takes time and the leadership that has the will.

It is certainly a contrast to the abortion-fest that the Democrats plan to hold.

Someone has to tell these people to stop staring straight into the teleprompter. When they are looking directly at the TV audience it is clearly obvious that they are reading a text. I am still astonished that people who have risen to such a level of power are incapable of making a speech without having the words scrolled in front of them at eye level.

It was a good, safe speech, pressed the right buttons. We will see what Romney does.

I thought the speech was excellent, I agree with ET's salient points. Then this morning, I had the misfortune to read some of the "comentary" by the Canadian media - worse yet was to click on the comments in the Globe. The mainstream media in the U.S. is no better!

Eskimo said: "Somehow I get the feeling Phantom is a Ron Paul supporter."

You must have missed me dissing Ronny and the Paulbots yesterday. Langmann was all mad at me. ~:D

ET said: "Phantom, the policies are to be outlined by Romney not Ryan."

I really hope so ET.

Its just that I'd like, for ONCE, to see somebody stand up and swear they're going to back this government beast into a cage, slam the door and STARVE it. "Elect me and I'll make 'em stop stealing all your time and money!" A road map and a timeline would be nice too.

Don't get me wrong, having -any- American President that isn't trying as hard as he can to bankrupt the USA will be an improvement. But I don't want better, more well managed, fairer government with Great Leadership. That's what Bush did, and it wasn't awesome was it?

Great Leaders make my teeth ache. I want LESS government. That speech did not scream less government, IMHO. So hopefully Romney throws some red meat to us hungry wolves out here in the wilderness.

Mikewa, yes, I agree; the comments section of the Globe is filled with the most rabid, frothing, anti-Harper, anti-conservative, pro-socialist, pro-Obama mindless rants I've ever seen.

It's incredible the vitriol that one reads. Harper is always described as a 'fascist', as depriving people of their rights, their freedom, their whatever. There's never a fact, never a logical or even illogical argument. Just rabid opinions.

The few who call these rabids out and ask for evidence are then turned on and viciously smeared just for the question.

Never fear, Phantom. Ryan's not going to be vice-president of the United States.

That's a good thing, at least for Ryan. He's headed for as grave a punishment as any politician, but in the meantime he at least gets to die in bed. By all indications Barack Obama will be re-elected in 2012. Obama's real problem will be finishing his second term without a coup d'etat.

But really, yes. DC comes closer every day to running out of other people's money and being forced to default on or hyperinflate away the welfare state. Nothing Ryan claims to want to do will do more than put that day off. The boomers can forget about Social Security and Medicare, never mind their blasted pensions, private or public. They're not getting them, no matter who they vote for.

The boomers' job was to see that their sons learned honest trades that provided them with disposable incomes, and that their daughters were married to men from good families in honest trades with disposable incomes. Their children would repay their debt of gratitude by caring for their parents in their old age. That's the only realistic "pension plan," and it worked fine for thousands of years.

With very few exceptions, the boomers didn't bother keeping their end of the bargain, with their parents or their children. They neglected the children in favour of their careers and their latest fornication partners. They left their parents to rot in nursing homes (muttering as they did so that it would be "more humane," that is cheaper, to put them down like dogs), and squandered their inheritance on huge houses they didn't need and a new car every five years because they were too lazy or proud to maintain their old ones.

So, their children are under no obligation to keep theirs. When Social Security and Medicare go up the spout, precious few of the boomers will have children willing and able to keep them in style in their golden years or pay for their oxygen tanks and organ transplants and wheelchairs. Even fewer will deserve more than a door slammed firmly in their faces and a loud, pithy reminder that they've had their reward.

Ryan's plan is to frighten old boomers by reminding them that without Medicare their date in the court of the Almighty will come sooner rather than later---and they know exactly what the verdict will be.

As a member of the Church of Rome, Ryan professes to believe that if you recount your sins to a pedophile in a clerical costume on your death bed and tell God you're really very, very sorry---whether or not you lifted a finger to make amends for it when it was likely to matter much---the priest will cheerfully cast a magic spell that will keep you from eternal damnation. Of course, Ryan knows better---so do most of the Roman clergy, I suspect---but he's hoping his empty promise of being able to keep them out of hell for a little while longer will get old men and women to vote Republican.

Ryan's not going to be vice-president. He'd have made a fine parish priest, though.

Dick Slater, that's quite the hysterial rant. Not one fact, not one validation of your opinions, no logic used, no analysis. Just a rant within your very obvious prejudices. Cheers.

No right-of-centre politician is perfect. Harper isn't. Romney isn't. Ryan isn't.

America is facing an enormous financial crisis. If some substantial changes aren't made then things are going to get very, VERY bad there. Yet, do you think the average American consciously realizes how bad things are? I would suggest that at least 50%, and possibly even 60%, do not.

If Romney/Ryan were to propose radical (and likely necessary) changes, do you think that will help or hurt their chances at getting elected? Before answering that question, please remember that 95%+ of the Media Party DEEPLY supports Obama and will say anything to help him and hurt his opponents.

Stephen Harper has, so far, not been anywhere near as fiscally responsible as I would like. Does that mean that I should vote Liberal or NDP or just not vote at all, thus indirectly helping those two left-of-centre parties?

The GOP is far from the dream party of most American conservatives but not voting for Romney is not a very logical choice to get America back on the road to financial prosperity.

@ Quebecois NDP separatiste

If conservatives committed mass suicide it may make you, and other free loading leftist trash, very happy. But only for the short term. Without conservatives, who mostly work for a living and have careers that aren't provided by the government, there would be far less people paying taxes to support parasitic provinces like Quebec and keeping NDP supporting morons awash in welfare payments.

Not to mention, who would work those tough jobs like police, paramedics, and soldiers to create a safe and secure nation for you to live off of? Weak and worthless lefties won't work in dangerous careers protecting others since that would be considered "beneath" them. People like you are kept free and safe because better people than you work to keep you that way.

So before you wish death on others consider that those people provide you with something that you are unable and unwilling to provide for yourself. If anything, your death would contribute more to society because we would no longer have to support your lazy ass. So do Canada a favour and follow your leader, Hand Job Jack, to the great hereafter. Thanks.

Rush is fired up this morning. He and Levin were quite worried about this convention after day 1 but now that's faded away completely. Seriously Ryan killed Obama last night. The whole night was just a 100% complete disaster for Obama.

Well, we'll have Romney's very important speech tonight. So far, the Conference has gone very well and I hope tonight will be the same.

My question is, what are the Democrats going to do? They've reduced themselves, particularly in Obama's reign, to dividing the electorate into special interest groups, making them all dependent on government largesse. In return for votes.

So, the Democrats first set up the unions, the seniors, and the black community as all dependent on government funding. This of course has destroyed the black family; and driven manufacturing overseas to escape the union parasitic greed.

They've added the public service and have vastly increased the size of this 'client group'. Obama's Stimulus was geared to their loyalty.

Then, Obama has added hispanics, with his refusal to enforce the borders, his lawsuits against States trying to enforce immigration rules, his exorting them to 'fight the enemy' and his current Dream Act amnesty.

He's focused on women with his insistence that churchs pay for contraceptives. He's focused on gays with his gay marriage. He's focused on the poor with his 'no fault mortgages', his encouragement and explosion of food stamp dependency and his class warfare.

The Obama realm has effectively ignored the blue collar worker, the small businessman, the basic Christian family - as all irrelevant, because they can't be balkanized into an identifiable group and made dependent on government largesse.

To fund these varied sets of a dependent electorate, the Democrats and in particular, Obama, have moved into massive debts. And have increased taxation on all means of wealth production, both capital and income. The result of this is an imploding no-growth economy.

So, what will the Democrats offer at their conference and during this campaign? Just smears and personal attacks?

MobyDick Slater said: "Never fear, Phantom. Ryan's not going to be vice-president of the United States."

Yeah he is. By a -landslide-. No apocalypse this year, oh well. Disappointing I know, but try to bear up eh?

Rice has to be part of this campaign. As a brilliant and self-made black woman,she is the antidote to the affirmative action President.

She also has an IQ about fifty points above Barack the Poser,and has a ready answer for any of the left-wing shills of the MSM.

The lady needs NO teleprompter, unlike some politicians I know.

rabbit- You hit on a detail, that could have serious repercussions. Ryan really seemed to be nursing tired vocal chords. He may have been on the verge of laryngitis. I suspect he rehearsed a little too much. No different than an athlete who warms up too strenuously. I wouldn't call it a game changer, but he'd better come off with a stronger voice, from here on.

Posted by: coach at August 30, 2012 12:50 PM

Yeah, he better. Or else .... what?