Romney and Ryan want to take us back to the failed, top-down economic ideas of the past. Obama/Biden 2012!
[The information you should know before casting your ballet this November 2012, see below:]
Paul Ryan and Mitt Romney both support trillions in budget-busting tax cuts for millionaires that will result in tax hikes on the middle class and deep cuts in education and other investments we need to grow. Ryan’s extreme budget plan, which Mitt Romney has embraced, would make deep spending cuts now to pay for tax cuts for the wealthy, which would weaken the recovery and cost the economy jobs.
According to Harvard economist Jeffrey Liebman, based on Mitt Romney’s own projections on the impact of deep spending cuts on the economy, Paul Ryan’s budget plan could cost the U.S. more than 1 million jobs.
Ryan’s extreme budget plan would benefit the wealthy while raising taxes on middle-class families, slowing our economic recovery and hurting seniors and the middle class.
Deep tax giveaways for the wealthy:
Paul Ryan’s extreme budget includes a tax “reform” plan that would make the Bush tax cuts for the wealthy permanent, and give millionaires an additional tax cut worth over $250,000 a year. Paying for these tax cuts for the most fortunate families would require higher taxes on the middle class, gutting investments in our future, and ending Medicare as we know it.
Raise taxes on the middle class:
Just like Mitt Romney’s tax plan, middle-class families could pay thousands of dollars more a year in taxes to help fund tax cuts for millionaires. Ryan would cut or eliminate middle-class tax deductions like mortgage interest, charitable contributions, and health premiums.
To pay for tax cuts for the wealthiest, Paul Ryan would gut investments critical to middle-class security.
This includes cutting Pell Grant scholarships for nearly 10 million students, cutting clean energy investments by 19%, and slowing scientific and medical research by eliminating tens of thousands of grants.
Paul Ryan’s extreme budget would end Medicare as we know it, turning it into a voucher program which would increase seniors’ health costs by $6,350 a year. Ryan has also proposed a plan that would have privatized Social Security, subjecting seniors’ retirement security to the whims of the stock market.
Like Mitt Romney, Ryan’s severely conservative positions are out of touch with most Americans’ values. He would take us backward on women’s health and equal rights.
Paul Ryan would take us backward on women’s health:
Ryan cosponsored a bill that could ban in-vitro fertilization, as well as many common forms of birth control, including the pill. It could also ban all abortions, even in cases of rape or incest. He supported letting states prosecute women who have abortions and doctors who perform them.
Paul Ryan would take us backward on equal rights:
Ryan voted against the Lilly Ledbetter Fair Pay Act, which helps women fight for equal pay for equal work. He voted against repealing the discriminatory policy of “Don’t Ask, Don’t Tell,” and supports writing discrimination into the Constitution by amending it to ban gay marriage.
Published on Aug 11, 2012 by BarackObamadotcom
Learn more about Romney and Ryan: http://OFA.BO/hunUfC
Paul Ryan is the mastermind behind the extreme GOP budget plan. It’s a plan Mitt Romney endorses.
But what does that budget mean for America? The GOP budget plan hurts seniors, it hurts middle-class families, and it hurts students. All to pay for tax cuts for those at the top..
Mitt Romney and Paul Ryan: back to the failed top-down policies that crashed our economy.
Learn more: http://OFA.BO/hunUfC
>by Igor Volsky on Aug 11, 2012 at 8:27 am
Mitt Romney has picked as his running mate 42 year-old Republican Congressman Paul Ryan (R-WI), the architect of the GOP budget, which the
New York Times has described as “the most extreme budget plan passed by a house of Congress in modern times.” Below are 12 things you should know about Ryan and his policies:1. Embraces extreme individualism. Ryan heaped praise on Ayn Rand, a 20th-century libertarian novelist best known for her philosophy that centered on the idea that selfishness is “virtue.” Rand described altruism as “evil,” condemned Christianity for advocating compassion for the poor, viewed the feminist movement as “phony,” and called Arabs “almost totally primitive savages. Though he publicly rejected “her philosophy” in 2012, Ryan had professed himself a strong devotee. “The reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand,” he said at a D.C. gathering honoring the author of “Atlas Shrugged” and “The Fountainhead.” “I give out ‘Atlas Shrugged’ as Christmas presents, and I make all my interns read it. Well… I try to make my interns read it.” Learn more about Ryan’s muse:
2. Raises taxes on the middle class, cuts them for millionaires. Paul Ryan’s infamous budget — which Romney embraced — replaces “the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.” Federal tax collections would fall “by about $4.5 trillion over the next decade” as a result and to avoid increasing the national debt, the budget proposes massive cuts in social programs and “special-interest loopholes and tax shelters that litter the code.” But 62 percent of the savings would come from programs that benefit the lower- and middle-classes, who would also experience a tax increase. That’s because while Ryan “would extend the Bush tax cuts, which are due to expire at the end of this year, he would not extend President Obama’s tax cuts for those with the lowest incomes, which will expire at the same time.” Households “earning more than $1 million a year, meanwhile, could see a net tax cut of about $300,000 annually .” Audiences have booed Ryan for the unfair distribution!
3. Dramatically increases Medicare costs for seniors, increases eligibility age. Ryan’s latest budget transforms the existing version of Medicare, in which government provides seniors with a guaranteed benefit, into a “premium support” system. All future retirees would receive a government contribution to purchase insurance from an exchange of private plans or traditional fee-for-service Medicare. But since the premium support voucher does not keep up with increasing health care costs, the Congressional Budget Offices estimates that new beneficiaries could pay up to $1,200 more by 2030 and more than $5,900 more by 2050. A recent study also found that had the plan been implemented in 2009, 24 million beneficiares enrolled in the program would have paid higher premiums to maintain their choice of plan and doctors. Ryan would also raise Medicare’s age of eligibility to 67.
4. Leaves Social Security to the whims of Wall Street. In September of 2011, Ryan agreed with Rick Perry’s characterization of Social Security as a “Ponzi scheme” and since 2005 has advocated for privatizing the retirement benefit and investing it in stocks and bonds. Conservatives claim that this would “outperform the current formula based on wages earned and overall wage appreciation,” but the economic crisis of 2008 should serve as a wake-up call for policymakers who seek to hinge Americans’ retirement on the stock market. In fact, “a person with a private Social Security account similar to what President George W. Bush proposed in 2005″ would have lost much of their retirement savings.
5. Budget would result in 4.1 million lost jobs in 2 years. Ryan’s budget calls for massive reductions in government spending. He has proposed cutting discretionary programs by about $120 billion over the next two years and mandatory programs by $284 billion, which, the Economic Policy Institute estimates, would suck demand out of the economy and “reduce employment by 1.3 million jobs in fiscal 2013 and 2.8 million jobs in fiscal 2014, relative to current budget policies.”
6. Eliminates Pell Grants for more more than 1 million students. Ryan’s budget claims both that rising financial aid is driving college tuition costs upward, and that Pell Grants, which help cover tuition costs for low-income Americans, don’t go to the “truly needy.” So he cuts the Pell Grant program by $200 billion, which could “ultimately knock more than one million students off” the program over the next 10 years.
7. Keeps $40 billion in subsidies for Big Oil. In 2011, Ryan joined all House Republicans and 13 Democrats in his vote to keep Big Oil tax loopholes as part of the FY 2011 spending bill. His budget would retain a decade’s worth of oil tax breaks worth $40 billion, while cutting “billions of dollars from investments to develop alternative fuels and clean energy technologies that would serve as substitutes for oil.” For instance, it “calls for a $3 billion cut in energy programs in FY 2013 alone” and would spend only $150 million over five years — or 20 percent of what was invested in 2012 — on energy programs.
8. Family stands to benefit from oil subsidies. Ryan “and his wife, Janna, own stakes in four family companies that lease land in Texas and Oklahoma to the very energy companies that benefit from the tax subsidies in Ryan’s budget plan,” the Daily Beast reported in June of 2011. “Ryan’s father-in-law, Daniel Little, who runs the companies, told Newsweek and The Daily Beast that the family companies are currently leasing the land for mining and drilling to energy giants such as Chesapeake Energy, Devon, and XTO Energy, a recently acquired subsidiary of ExxonMobil.”
9. Claimed Romneycare has led to “rationing and benefit cuts.” “I’m not a fan of [Romney's health care reform] system,” Ryan told C-SPAN in 2010. He argued that government is rationing care in the state and claimed that people are “seeing the system bursting by the seams, they’re seeing premium increases, rationing and benefit cuts.” He called the system “a fatal conceit” and “unsustainable.” Watch it:
10. Believes that Romneycare is “not that dissimilar to Obamacare.” Though Romney has gone to great lengths to distinguish his Massachusetts health care law from Obamacare, Romney doesn’t see the difference. “It’s not that dissimilar to Obamacare, and you probably know I’m not a big fan of Obamacare,” Ryan said at a breakfast meeting sponsored by the American Spectator in March of 2011. “I just don’t think the mandates work … all the regulation they’ve put on it…I think it’s beginning to death spiral. They’re beginning to have to look at rationing decisions.”
11. Accused generals of lying about their support for Obama’s military budget. In March, Ryan couldn’t believe that Joint Chiefs of Staff chairman Gen. Martin Dempsey supports Obama’s Pentagon budget, which incorporates $487 billion in cuts over 10 years. “We don’t think the generals are giving us their true advice,” Ryan said at a policy summit hosted by the National Journal. “We don’t think the generals believe that their budget is really the right budget.” He later apologized for the implication. Watch it:
12. Co-sponsored a personhood amendment. Ryan joined 62 other Republicans in co-sponsoring the Sanctity of Human Life Act, which declares that a fertilized egg “shall have all the legal and constitutional attributes and privileges of personhood.” This would outlaw abortion, some forms of contraception and invitro fertilization.
By Igor Volsky on Aug 11, 2012 at 8:27 am
Uploaded by ThinkProgress Video on Apr 18, 2011
A film adaptation of the 1957 novel Atlas Shrugged, by Ayn Rand, opened this past Friday. The release of the film has coincided with a resurgence of popularity for Rand on the American Right. The trailer for Atlas Shrugged had its world premier at this year’s CPAC conference, the Tea Party group FreedomWorks has rolled out a massive campaign to promote the film, and the story’s opening line — “Who is John Galt” — has appeared on numerous signs at Tea Party rallies.
At the same time, some of the right’s leading political and media lights have heaped praise upon Rand. The author of the Republicans’ new budget plan to gut Medicare and Medicaid, Rep. Paul Ryan (R-WI), has said Rand is the reason he entered politics. Sen. Rand Paul (R-KY) and Rep. Ron Paul (R-TX) have both declared themselves devotees of her writing. Conservative Supreme Court Justice Clarence Thomas has his law clerks watch the film adaptation of Rand’s book The Fountainhead. She’s also received accolades from right-wing pundits Sean Hannity, Rush Limbaugh, Glenn Beck, John Stossel, and Andrew Napolitano.
During her lifetime, Rand advocated “the virtue of selfishness,” declared altruism to be “evil,” opposed Medicare and all forms of government support for the middle-class and the poor, and condemned Christianity for advocating love and compassion for the less fortunate:
Rand also dismissed the feminist movement as a “false” and “phony” issue, said a female commander in chief would be “unspeakable,” characterized Arabs as “almost totally primitive savages,” and called government efforts to aid the handicapped and educate “subnormal children” an attempt to “bring everybody to the level of the handicapped.”
As for the new Atlas Shrugged film, it made $1.7 million in its first three days in theaters, reasonable but unspectacular numbers for a limited release on 299 screens. But box-office watchers looking to see if the Tea Party represents a discrete market would have been disappointed. The movie grossed just $5,608 per theater over that time period, hardly a sign that groups were buying out theaters or that the movie was a pop culture phenomenon. By contrast, An Inconvenient Truth took in $70,333 per theater during its first five days on screens. That number fell to $17,615 per theater in its second week, but that number is still higher than Atlas Shrugged’s more widely-available debut. And Atlas Shrugged’s numbers look positively puny next to another culture-war adaptation of a popular book, Mel Gibson’s The Passion of the Christ, which raked in $125,185,971 over its first five days in theaters.
Why are Republicans going against 50 million Americans -Al Sharpton asked? James Adelbert “Jim” McDermott is the U.S. Representative for Washington’s 7th congressional district, serving since 1989. He is a member of the Democratic Party, explains that the Republicans recognize that people need and want the security of knowing that if they’re sick or injured that they will be taking care of and they know that if the government would give that security to the American people … they will be returned to office again and again and again. They [the Republican Party] have no concern about the people or their security, they just want to have control and they have been trying to stop Medicare since it’s conception and they’ve repealed it since President Lyndon Johnson. Ronald Reagan was running around this country talking about Communism and scaring people with that talk like they are today!
“Barack Obama started Healthcare for everybody in this country and what they did for Medicare for Older people is done for the rest of the people…the Republicans will never get elected and the people should be listening because they are telling you exactly what they’re going to do after this election and if Romney were to win the Republicans would repeal Medicare as we know it and they will repeal the ACA. They simply do not want to give people security and they want to keep them on edge all the time. The talk about protecting senior from the Republican Party is just a talking point…they would force Senior to pay $6400 dollars more for Medicare and give millionaires $264,970 Average Tax Cuts… this is misleading in the worse way from the Republican Party and they are simple not bothered by the truth according to the numbers above. They continue to say whatever they think will convince people to vote for them and they give this blanket explanation that they don’t want to hurt anyone – nonsense! They are intending to shift the cost onto the senior and their families and not make it a national issue, but make it your individual responsibility again like it was before Medicare in the Reagan years before 1965! It is offal what they plan to do if they get elected this November! The Senior citizens 65+ years and older voting in the 2010 election was 61% and the younger population 18 to 24 years of age was 21%, the Republicans are hurting a major voting block for the 2012 election! Any Senior who votes for the Republican Party, really is not paying attention to their own best interest and they are being told what they’re going to do and when they do this and push Healthcare off [the Cliff] onto the families, it will be like before Medicare and when older family members were pushed-on to living relatives for the remainder of their lives,” Jim” McDermott is the U.S. Representative for Washington!
Watch the video:
So, my friends, my Senior friends…We know what to do this election of 2012…voting in numbers greater than in 2008…The Republican Party wants you to suffer in your glory years…without security and insurance…They got to go! Gbismarc!