The only thing Paul Ryan seems to be good at is Insider Trading, double crossing veterans, and supporting the demon possessed Obama.
Posted on 05/19/2016 4:27:32 PM PDT by GilGil
...Paul Ryan has reached a tentative deal with the Treasury Department on a rescue package to ease Puerto Rico's debt crisis, according to House Natural Resources Chairman Rob Bishop, who has been leading negotiations.
“We are moving forward — there is a deal,” the Utah Republican said Wednesday afternoon, adding that legislative text of the deal would be released later on Wednesday.
Details of that deal were released by Bishop’s committee Wednesday night, when the bill was introduced.
The agreement represents a breakthrough on an issue that has been stuck in congressional limbo for months. Ryan (R-Wis.) said last year that helping Puerto Rico restructure its multi-billion-dollar debt would be a top priority for the first quarter of 2016.
But conservatives balked at Bishop’s initial proposal, following a series of ads that labeled the measure a “bailout.” Democrats also refused to support that earlier deal because of a minimum wage decrease included in the measure. Congressional leaders on both sides of the aisle have pushed back on the bailout label, and the bill expressly prohibits federal taxpayer funds from paying down Puerto Rico’s debt.
(Excerpt) Read more at politico.com ...
You can also be sure that the likes of Goldman Sachs are lurking in the weeds ready to line their pockets with more printed money on yet another bailout.
Ryan is making Trump's case in spades while showing himself as a useless useful idiot for the establishment class for all of America to see.
This will be Ryan implementing leftism for 0bama.
Just watch.
That’s all he ever does.
And why he needs defeating in the Primary.
BEHIND THE CURTAINS:
It is a PAYOFF for Romney, and therefore
is racketeering by Ryan, the Bishop’s little toad.
The only thing Paul Ryan seems to be good at is Insider Trading, double crossing veterans, and supporting the demon possessed Obama.
Yep this is why Romney has quit for the independent run against Trump...”you get this through and I will quit going against Trump’...Bain Capital is what it’s all about....
People in RINO RYAN’s State best primary him but quick and Trump should replace him at the Convention, no telling what he has up his other sleeve!!!
Wow.
I wonder if Trump will lay into Ryan for this.
As I said before, there’s a reason Ryan looks like Judas.
At the risk of getting flamed (I know Ryan is one the bette noirs on FR) I am going to reserve judgement until I get a chance to read the details of this. The Puerto Rican debt crisis is serious and if they go tits up it could send shock waves through the government bond market and might push the country back into recession. It’s an incredibly complicated situation. I am curious as to what they are actually proposing. It’s pretty clear that PR just doesn’t have enough money to cover their debt. Bankruptcy would seem to me to be the reasonable solution, but again this could have dangerous effects and it would require amending the US Bankruptcy Code.
This idea worked sooooooo well in Greece ...
Paul Ryan is a Utah Republican? When did that happen?
It’s not complicated at all.
L
Puerto Rican economics is what happens when a government runs out of other people’s money.
I’m sorry; this is just state sponsored robbery. The financial team that arranged the ‘bail out’ of PR’s debt charged through the nose, and investors demanded a very high rate of return due to default risk.
The DEFAULT has been priced in, PR should DEFAULT. Otherwise, all those guys can pull out their wallets and return the extra fees and interest that they collected.
Did I say this was just one robbery? It was multiple. Let it fail, pick up the pieces.
Don’t tell me let me guess. He’s just going to take it out of Social Security and Medicare and the VA and send it to PR.
At the risk of getting flamed (I know Ryan is one the bette noirs on FR) I am going to reserve judgement until I get a chance to read the details of this. The Puerto Rican debt crisis is serious and if they go tits up it could send shock waves through the government bond market and might push the country back into recession. It’s an incredibly complicated situation. I am curious as to what they are actually proposing. It’s pretty clear that PR just doesn’t have enough money to cover their debt. Bankruptcy would seem to me to be the reasonable solution, but again this could have dangerous effects and it would require amending the US Bankruptcy Code.
________________________________
If this deal goes through every state that is on the edge will line up and demand their own bailout.
And you can be 100% sure that if Obama is for this, it is really, really bad.
This deal needs to be killed.
Paul Ryan is a Utah Republican? When did that happen?
__________
I noticed that until I carefully read it and realized the writer was referring to the chairman of some committee referenced poorly.
When did we get out?
And according to who?
Yikes, egad!! I hope President Trump will have a new intelligent, principled Speaker with which to work next year!!
Republicans are stooges always carrying water for the Democrats. They’re service animals, mules for the donkeys.
IMO it is also preferable, for good policy reasons, to give Puerto Rico the same options as any state.
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