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Mitt Romney's Selection Of Paul Ryan Is A Sign Of Desperation (Excellent Libertarian Analysis)
Zero Hedge ^ | August 12, 2012 | Tyler Durden

Posted on 08/12/2012 8:43:00 PM PDT by Zakeet

Mitt Romney's Selection Of Paul Ryan Is A Sign Of Desperation

Many folks were surprised last night as rumors began leaking that Romney tapped Paul Ryan of Wisconsin, for the prestigious VP slot. The surprise came largely because many were expecting a more mundane pick like Tim Pawlenty or Rob Portman. The reactions from the GOP base is positive overall, although the story is still fresh and drawing conclusions is difficult. The reactions from the Democrat/Liberal base are predictable and I am guessing that the Obama campaign is licking its lips over the prospect of skewering Ryan like a kabob. I have a slightly different take, my feeling is that this pick is an indication that the Romney team is struggling and sees the prospect of winning in November diminishing with each passing day. People like Pawlenty and Portman is the equivalent of swinging for a base hit - the selection of Ryan is swinging for the fences. It is desperation and an attempt to shake things up substantially in the hopes of energizing a splintered and unimpressed Conservative base.

However I prefer to focus on the economics of politics, not the politics of politics - so lets take a look at what exactly makes Ryan such a risk.

Paul Ryan, to be sure, is an impressive politician. He has a perfect pedigree, is good looking and probably considered to be the premier fiscal wonk of the Republican party. His budget is considered by many to be the boldest and most courageous attempt at tackling America's most pressing issues, entitlements. Of course there is always more than the shiny facade pimped by party loyalists and for those that have bothered to investigate Ryan's record the picture becomes a bit murkier.

For starters there is the very pressing and disturbing votes of the Bush legacy. Specifically Ryan's support of: TARP, Medicare Part D and No Child Left Behind (NCLB). All three are wonderful examples of how the Republican party only fights for fiscal sanity when they are a minority party, the second they become the majority they expand Government programs at an alarming rate. NCLB is a monstrosity that gave the Department of Education teeth, Medicare Part D tacked on hundreds of billions (half a trillion as of today per year) to the debt and was passed in the House in a manner very reminiscent to ObamaCare and TARP is an egregious disregard of the free market system and should make any citizen sick to their stomach. While Ryan may be able to justify all these votes, there are Republicans in the House who did *not* vote for these programs and quite a handful.

Then of course there is the famous Ryan budget. A budget that reminds of me the great Oz. It is daunting and impressive, but if you look behind the curtain there is a tiny little man pulling a whole lot of levers. This very budget (despite being all bark and no bite) was used to galvanize Obama and the liberal base. Remember how Ryan's policies inspired the idea that he would throw grandma off the cliff? Yet despite the proven record of the Left to make a mountain of a molehill team Romney decided to go all-in and select Paul Ryan. More importantly, for what?

In order to understand that Ryan's budget is nothing more than smoke and mirrors we turn to a detailed analysis of the budget. This interactive analysis lets you compare and contrast the Ryan and Obama budgets side by side and examine the projects for spending. Below is a series of images I selected, but I encourage to explore the interactive tool yourself.

Let us take a look:

First we got Medicaid. Clearly the difference is notable and appreciable. In fact based on this image alone it would almost invalidate all my criticism of the Ryan budget. Medicaid is pure welfare, as opposed to Medicare that is at least partially funded by FICA. Medicaid was always intended to take care of the downtrodden and unfortunate and has now ballooned into health care for all. ObamaCare functions and survives primarily on expanding the Medicaid rolls by shoving more people onto the public dime. Medicaid alone is now responsible for a quarter of many State budgets and continues to financially drain the Federal and State coffers at an alarming rate. Worst of all, it badly distorts the insurance market driving medical prices up for every single individual. So it is nice to see Paul Ryan tackle this egregious and disgusting program that does far more harm than good, but the courage and bravery amount to a spending freeze. By 2021 will be spending more on Medicaid again. Perhaps Ryan tackles the other entitlement programs better?

Next we have Medicare. What's this? Apparently Grandma is not going off a cliff, instead it would appear that she is being pushed up a hill! Ryan's plan spends MORE on Medicare than Obama. This is quite the shock considering that Ryan's plan is considered to be the most courageous entitlement reform evah! It is ironic that Obama and the Left are painting Ryan as the grim reaper chasing your granny, where instead he is slowing down Medicaid to HELP granny. Oh, you have to love politics - don't you?

Next up is Social Security. No, it is not a graphical glitch. Ryan's plan does absolutely nothing for Social Security. Yet conservative websites and pundits swoon over Ryan like he is the next coming of Barry Goldwater, more on that later.

Lastly, the national debt. This is probably not surprising, but after all the hoopla and all the bravado the end result is that the speed at which our fiscal apocalypse arrives is merely slowed down by a teeny weeny bit. Yet one would think that as grandma flies off the cliff with her belongings and rusty wheelchair bouncing off the jagged rocks that America is about to embark on the greatest age of austerity ever devised.

Not really. We have a budget from an individual who thought there was nothing wrong in forking over a blank check to Wall St, nothing wrong with expanding Medicare by half a trillion and nothing wrong with growing a department that Reagan's campaign promised to eliminate. We sure have come a long way, have we not?

Conclusion

So this of course begs the question, why did Romney do this? Why select a VP that will provide such easy ammunition for the Left with virtually no reward? The answer is quite simple. Romney and Ryan represent exactly the same problem even if one appears to be a moderate and the other appears to be an epic fiscal warrior. The Republican party fights for and pushes through the status-quo. The images you see up above and the Ryan record is the status-quo. No doubt about it.

Yet Romney is counting on the ignorance of Republican base to run with the facade of Ryan's conservatism. If that illusion holds then Ryan's image will invariably boost Romney's own image as many will view Romney's decision as courageous and bold despite Obama's willingness to distort Ryan's budget. In other words, you are witnessing a most fantastic and glamorous circus. A bad Hollywood movie, except that ending will be quite real and not something you can pause or turn off.

However we all know what happens when politicians threaten the sacred cows of entitlement spending. They get destroyed. Barry Goldwater was America's last libertarian-Republican candidate and he was obliterated because he dared to speak up against Social Security. Barry's loss paved the way for the great society and the invention of Medicare and Medicaid. How ironic. Poll after poll shows that Americans refuse to accept changes to entitlement programs, despite their clamoring for someone to fix our debt.

Romney and Ryan will lose in November and the image of the heartless Conservative killing granny will resonate with America, the tragedy of course is that neither Ryan or Romney are willing to actually cut anything! The tragedy will become even more amusing as we will witness a nasty and partisan fight further dividing Americans as they fight and defend differing policies with the exact same results.

Romney's campaign is ignoring the lessons of Barry Goldwater and going all-in on an individual that has consistently voted for awful legislation and whose budget is nothing more than smoke and mirrors. A move that can be summarized in one word: desperation.


TOPICS: Constitution/Conservatism; Editorial; News/Current Events; Politics/Elections
KEYWORDS: 2012veep; businessinsider; conservatism; election; losertarian; medicare; paulryan; romney; ryan; zerohedge
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To: Thorliveshere
Geez, it’s just never frickin’ good enough....

Indeed. And it will never be good enough for some.


61 posted on 08/12/2012 10:22:23 PM PDT by rdb3 (We need Ward Cleaver for President. We already have Eddie Haskell. (ATB))
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To: Kansas58

“The author is a cynical Libertarian, unwilling to ever give any credit to anyone who tries to make a difference for the Conservative cause.

Screw Libertarians, they don’t know how to win much of anything!”

Exactly ...


62 posted on 08/12/2012 10:23:02 PM PDT by WOSG (REPEAL AND REPLACE OBAMA. He stole AmericaÂ’s promise!)
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To: WOSG

“So, apparently the complaint is that the Ryan budget isnt this extreme right-wing budget that would get zero votes in Congress and play into the hands of the Democrats on election time.”

The problem seems to be that the democrats have already successfully labeled Ryan and his “plan” as just that. If we are to support and go with Paul Ryan we are going to have to defend and define that plan aggressively before the Democrats do it.


63 posted on 08/12/2012 10:23:58 PM PDT by Monorprise
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To: Monorprise
The problem seems to be that the democrats have already successfully labeled Ryan and his “plan” as just that.

However that issue is not an issue of who the V.P. pick is or what our plans are at all. That is an issue of advertising, marketing, speeches, debates, interviews and grassroots campaigning. Getting the truth out is the biggest challenge for Republicans in every election. When we succeed at that, we win the election. But too often we don't succeed and the Democrat lies are bought into by the public. That is an issue we would be dealing with no matter what happened with the V.P. pick. We could have nominated Mother Teresa and the Dems would make it so the only thing the swing voters knew about her was that she's a religious extremist who will destroy women's rights.

64 posted on 08/12/2012 10:34:36 PM PDT by JediJones (From the makers of Romney, Bloomberg/Schwarzenegger 2016. Because the GOP can never go too far left.)
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To: Monorprise

“The problem seems to be that the democrats have already successfully labeled Ryan and his “plan” as just that.”

ROFL! ‘successfully’?!? you have a crystal ball for november?
The Democrats are maknig the attack but R+R and Team GOP have counter-attacked.

Advantage Romney.

” we are going to have to defend and define that plan aggressively before the Democrats do it.”

Which is why off-target articles like this are helpful only to Obama.


65 posted on 08/12/2012 10:49:10 PM PDT by WOSG (REPEAL AND REPLACE OBAMA. He stole AmericaÂ’s promise!)
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To: Zakeet
I think that the real point is that it barely matters who gets elected in November. The entire political and economic system is so broken that the Republicans cannot possibly fix it, and the Democrats are hell-bent to accelerate its downfall.

We're screwed no matter what and picking through the candidates is like rearranging the deck chairs on the Titanic.

66 posted on 08/12/2012 10:49:32 PM PDT by AZLiberty (No tag today.)
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To: Zakeet

Is Ryan perfect? No. Heck, he sucks on immigration. But the author is delusional here. I didn’t say “wrong”, I said “delusional”. It take a break from reality to assume that the American people would support a candidate willing and able to make all the cuts we want. We may as well imagine an America with no illegal immigrations and ersatz American anchor criminals, and with a GDP of 21 trillion. The simple fact is that our fiscal disaster was not created overnight, but incrementally and the solution will follow the same path.


67 posted on 08/12/2012 10:55:53 PM PDT by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers.")
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To: Thorliveshere

That’s because with the GOP it isn’t.

Haven’t you noticed by now?

Just look at the four Bush campaigns, Dole, McCain and now Romney.


68 posted on 08/12/2012 11:22:39 PM PDT by 9YearLurker
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To: kabar

It looks like we should be cutting defense spending too, but Ryan didn’t want to do that. We could cut costs of unemployment, food stamps and whatever other forms of relief by just putting people back to work and growing the market of good paying jobs. What R/R needs to do is to have a jobs plan, and right now, not after the election. This chart says that 41% of revenue comes from individual income tax. They’ll need that revenue to cut the deficit. Jobs!


69 posted on 08/12/2012 11:50:49 PM PDT by virgil
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To: Zakeet
If you believe this drivel from Tyler Durden, joke is on you. This is Tyler Durden:
70 posted on 08/13/2012 1:14:40 AM PDT by jonrick46 (Countdown to 11-06-2012)
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To: Zakeet

•Ryan’s supported: TARP, Medicare Part D and No Child Left Behind (NCLB). All three are wonderful examples of how the Republican party only fights for fiscal sanity when they are a minority party, the second they become the majority they expand Government programs at an alarming rate.

•The Ryan plan freezes ... but does not cut ... Medicaid

•The Ryan plan spends more on Medicare than Obama’s plan

•The Ryan plan does not touch Social Security

•The Ryan does not stop the growth in the national debt ... it merely slows it a little bit sometime in the future

•Ryan thought there was nothing wrong in forking over a blank check to Wall St, nothing wrong with expanding Medicare by half a trillion and nothing wrong with growing a department that Reagan’s campaign promised to eliminate.

Even if true, would Obama and crew be better on these issues? I don’t think so. They would keep the spigots flowing at an expansive rate and bankrupt the country in the process.


71 posted on 08/13/2012 1:18:41 AM PDT by Unam Sanctam
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To: Zakeet

For a liberal Demonrat, he the go-to guy! I can’t stand Mittens but I am not about to promote stinking lying liberals who call themselves “libertarians.”


72 posted on 08/13/2012 2:08:57 AM PDT by SaraJohnson
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To: Zakeet
LOL, sure Ryan's budget is smoke and mirrors while Obama and the dems budget is...oh wait they don't have one and haven't had one in over 1000 days.

It seems to me if Romney was “desperate” he would not take a strong figure like Ryan who is sure to draw the barbs but a super safe plain vanilla figure. Fear and desperation are part of the same mix and Romney appears anything but fearful with a pick which by the authors own admission has galvanized the Right.

Like many here on FR any choice made by Romney would have been slammed because they don't care for Romney. In the end the candidates which can offer a glimmer of hope for the future will win and at this time I'm betting on Romney because Obama has proved he is NOT up for the job and has failed at every turn.

I believe as much as voting for Romney people will be voting against Obama.

73 posted on 08/13/2012 2:45:59 AM PDT by beenaround
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To: sushiman

That would make an excellent ad against Reid, but you could make it about the NV voters with Reid coming after them next.


74 posted on 08/13/2012 2:59:30 AM PDT by 1010RD (First, Do No Harm)
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To: comebacknewt

Correct. Incrementalism is the way back.


75 posted on 08/13/2012 3:02:13 AM PDT by 1010RD (First, Do No Harm)
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To: Zakeet

What a joke. 3000 words and graphs? Voter please!


76 posted on 08/13/2012 3:06:32 AM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: rbmillerjr
“Excellent Analysis” and “Libertarian” rarely belong in the same sentence. This article is another case where they don't.
77 posted on 08/13/2012 3:12:16 AM PDT by gov_bean_ counter (Too many thinking Freepers have left the building...)
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To: Zakeet

The author of this editorial is FOS!!!


78 posted on 08/13/2012 3:15:18 AM PDT by Chief901 (Obama Septic Tank Campaign Ads, full of sh!t and smell like crap)
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To: jb729

Zero Hedge is basically a black helicopter website that caters to the Alex Jones styled mentality. It is speculated that Tyler Durden is just a pseudo-name that is used by a number of contributers at that website. It’s probably the Ron Paulista type folks, ad hoc nausem, etc.


79 posted on 08/13/2012 3:30:47 AM PDT by MachIV
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To: Zakeet; WhistlingPastTheGraveyard
No matter how many different persons may post as "Tyler Durden" on Zerohedge.com nothing was "debunked."

The website Zerohedge.com was founded by Bulgarian "immigrant" Daniel Ivandjiiski whose father, Krassimir Ivandjiiski, is a writer and editor of a propaganda rag in Bulgaria (Bulgaria Confidential).

The pseudonym "Tyler Durden" - that Zerohedge uses for either Ivandjiiski or those ghost writers he allows to publish on his site - is not merely a character in the movie Fight Club, but an anarchist who sabotages the companies he works for, and plots to blow up a capitalist skyscraper.

Despite the denials of Ivandjiiski and those anonymous person who Zerohedge offers up as its "real" founders, the details on Ivandjiiski revealed in Joe Hagan's piece on Zerohedge in "The Dow Zero Insurgency " remain unrefuted by actual facts. That includes the psuedofacts in wikipedia's agitprop article.

80 posted on 08/13/2012 5:32:45 AM PDT by drpix
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