Paul Ryan urges Ron Paul supporters to fall into line

[Turner Coates]

http://blog.chron.com/txpotomac/2012/09 ... e-elected/

Last night, while attending a town hall event in Lima, Ohio, the Republican vice presidential nominee was asked why Ron Paul supporters should vote Romney-Ryan ticket. He bluntly responded: “Do you want Barack Obama to be re-elected? Then don’t vote for Ron Paul.”

(The question, however, wasn’t about voting for Ron Paul, who is not running for president anymore. It was why Ron Paul supporters should vote for Romney and Ryan. Whatever…)

According to Ryan, the Republican ticket and Ron Paul actually see eye to eye on many issues.

“There are many things that Ron has championed that I am a big believer in, especially liberty and sound money,” said Ryan before launching into a criticism of the Federal Reserve and its third round of quantitative easing (QE3), which he described as “money printing.”

Paul previously criticized QE3, saying, “The Fed’s only solution for every problem is to print more money and provide more liquidity. Mr. Bernanke and Fed governors appear not to understand that our current economic malaise resulted directly because of the excessive credit the Fed already pumped into the system.”

While Ron Paul has yet to endorse the Romney-Ryan ticket, his son Sen. Rand Paul is campaigning for the Republican nominee and will be joining both Mitt Romney and Paul Ryan at an event in Ohio tonight, the Washington Post reported reported.

[SeminiferousButtNoid]

Last night, while attending a town hall event in Lima, Ohio, the Republican vice presidential nominee was asked why Ron Paul supporters should vote Romney-Ryan ticket. He bluntly responded: “Do you want Barack Obama to be re-elected? Then don’t vote for Ron Paul.”

That's a real effective overture to people of principle. He doesn't seem to realize that Ron Paul supporters and even Ron Paul sympathizers are comprised of conservatives, libertarians, and progressives, and that economics isn't the only thing or even the most important thing about this election. Paul Ryan's mentality is exactly what will re-elect President Obama.

[DEATH ROW JOE]

“The Fed’s only solution for every problem is to print more money and provide more liquidity.

Federal reserve doesn't fight inflation by printing money dumb ass. Ryan is as dumb as Romney on this topic.

Mr. Bernanke and Fed governors appear not to understand that our current economic malaise resulted directly because of the excessive credit the Fed already pumped into the system.

Another debunked right wing talking point. Home prices tracked the money supply perfectly until 2003 when Bush told the regulators to back off Wall Street. Bush told the regulators to back off to turn around crashing private sector employment and improve re-election chances.

The housing bubble was inflated by lax regulation, same policies Ryan is proposing.

National Composite Home Price Index for the United States & Money Supply
http://research.stlouisfed.org/fred2/graph/?g=b44

3 million private sector jobs lost from Jan 2001 to Jan 2003:
http://research.stlouisfed.org/fred2/graph/?g=b45

In the summer of 2003, leaders of the four federal agencies that oversee the banking industry gathered to highlight the Bush administration's commitment to reducing regulation. They posed for photographers behind a stack of papers wrapped in red tape. The others held garden shears. Gilleran ... hefted a chain saw.

http://www.calculatedriskblog.com/2008/ ... ce-of.html

Bush said his policies inflated the housing bubble during the 2004 GOP convention.

"Thanks to our policies, home ownership in America is at an all- time high.

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."

Hear for yourself in this clip:

http://www.youtube.com/watch?v=w1ag29b_-lg

Federal reserve actually raised interest rates substantially after Bush's housing bubble took off in 2003.

Fed funds rate and housing bubble in phoenix.
http://research.stlouisfed.org/fred2/graph/?g=b47

Bush did it. He said so himself.