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“Loose Money”: Paul Ryan Just Twisted Himself Into A Knot Trying To Undermine Obama’s Economic Record

It is not surprising that House Speaker Paul Ryan is unimpressed with President Obama’s economic record. What is surprising is who Ryan thinks does deserve credit for helping the recovery: the Federal Reserve.

“I think the Federal Reserve has done more,” the speaker told reporters on Tuesday, after being asked if Obama “deserves any credit at all” for the recovery. “What’s happening is people at the high end are doing pretty darn well because of loose money from the Fed,” he said. This will be news to followers of Ryan’s career. He’s long railed against loose money from the Fed, claiming it will debase the dollar and lead to inflation. (It hasn’t.)

It’s not crazy to claim, as Ryan did, that the Fed’s policies amounts to “trickle down economics.” But there is nothing in Paul Ryan’s history to suggest he thinks monetary policy can help the economy at all, even if it’s just at the top. Plus, if that’s his critique, there are some progressive money-printing enthusiasts — and even some conservative ones — who would probably like to schedule a chat with the speaker.

To recap: Paul Ryan thinks loose money helped the economy. But Paul Ryan opposes loose money. He also thinks loose money favors the rich too much. But shows no indication of wanting to make loose money favor the poor.

 

By: Jeff Spross, The Week, January 13, 2016

January 15, 2016 Posted by | Economic Recovery, Economy, Paul Ryan | , , , , | 2 Comments

“Critical Role Of Diplomacy”: The GOP Presidential Candidates Really Embarrassed Themselves During The Iran Navy Incident

It was a foreign policy crisis: After an equipment failure rendered their vehicle inoperative, a group of American military personnel had fallen into the hands of an adversarial state far away. How would the president get them back? A daring rescue mission? Threats of military action? Diplomacy? Outright groveling? In the end, he felt he had no choice but to submit to the hostage-takers’ demands, and the government wrote a letter filled with apologetic language (“We are very sorry” for the incident, and “We appreciate” our adversary’s “efforts to see to the well-being of our crew” they held prisoner for 10 days).

You would think that Republicans, who are so committed to the singular importance of “strength” in foreign affairs, would have been outraged and appalled at the weakness shown by the president in this incident. But they weren’t. That’s because the president was George W. Bush, and this was April 2001, when an American spy plane had to make an emergency landing on a Chinese island after a mid-air collision with a Chinese fighter jet. Here’s the letter of apology.

It was hard not to be reminded of that incident 15 years ago when this week two small American naval boats apparently drifted into Iranian territorial waters in the Persian Gulf after engines failed, and the Iranian navy detained them. As soon as the capture of the vessels was reported, Republican politicians stiffened their spines, flexed their pecs, and condemned the wimpy and feckless Obama administration that was obviously going to grovel before the ayatollah, leaving our brave sailors at the mercy of the Iranians for who knows how many days, weeks, or months. “The fact that [the capture] happened is a direct consequence of the weakness of the Obama-Clinton foreign policy,” said Ted Cruz, no doubt thinking wistfully about how if he were in charge, once the boats came up on radar the Iranians would have said, “Let them go where they want — we don’t want to anger President Cruz, who is so strong and resolute.” Joe Scarborough, perhaps caught in the middle of a Charles Atlas workout, tweeted, “Hey Iran, you have exactly 300 days left to push a U.S. president around. Enjoy it while you can. After that, there will be hell to pay.” Jeb Bush, testosterone practically dripping off his iPhone, tweeted, “If our sailors aren’t coming home yet, they need to now. No more bargaining. Obama’s humiliatingly weak Iran policy is exposed again.”

But then something strange happened. Wednesday morning, after only 16 hours, Iran released the sailors back to the United States, along with their boats. And we didn’t even have to bomb anybody.

A few conservatives are currently expressing faux-outrage over photos taken by the Iranians showing the sailors with their hands on their heads during the capture, as though that were some epic humiliation. But what’s important is that the whole matter was settled through a series of phone calls between American and Iranian officials, in which they apparently agreed that nobody was trying to be provocative and it would be best not to blow this out of proportion. Secretary of State John Kerry explicitly made the case that the administration was able to resolve this incident the way it did because of the diplomatic contacts that had been built up during negotiations over Iran’s nuclear program. “We can all imagine how a similar situation might have played out three or four years ago,” he said. “Today, this kind of issue was able to be peacefully resolved and efficiently resolved, and that is a testament to the critical role that diplomacy plays in keeping our country safe, secure and strong.”

So what do we learn from this? First, diplomacy does work. It’s possible that even if we hadn’t spent a couple of years negotiating with Iran, we would have arrived at the same outcome, but it probably didn’t hurt that our officials and their officials have a better relationship today. And it’s hard to imagine that even the most bellicose of Republican candidates wouldn’t have done the same thing the Obama administration did.

Maybe we’re supposed to believe that if someone like Ted Cruz was president and a couple of small boats got captured, when his secretary of state said, “Mr. President, I’ll call their foreign minister and see if we can’t get this taken care of,” he’ll say, “No, Bob — I’m going to go on TV and tell those jerks that if they don’t release our sailors in 10 minutes, we’re letting the bombs fall!” But I doubt it. In the real world, Republicans do diplomacy when the situation demands it too, and I have trouble believing that any politician would be so reckless as to cause a confrontation when it would have been so unnecessary.

Second, it’s a reminder that reducing every foreign policy question to “strength” is idiotic. There are times when strength matters a lot, and times when you have to be smart and restrained. Complaining about the “weakness” of the Obama administration may play well during primary season, but in real foreign policy a nation doesn’t demonstrate strength by going around provoking everything it sees.

That’s how you act when you’re gripped by insecurity and you need to overcompensate. Candidates can live in their fantasy world, where they’re constantly causing dramatic showdowns they always win because of their steely glare. But fortunately for us (and for those 10 sailors), none of them had the chance to test their theory. At least not this time.

 

By: Paul Waldman, Senior Writer, The American Prospect; Contributor, The Week, January 14, 2016

January 15, 2016 Posted by | Diplomacy, GOP Presidential Candidates, Iran Navy Incident | , , , , , , , , | 1 Comment

“Ted Cruz: Flip-Flopper”: Supports Trade Agreements As Long As They Don’t Contain Anything Related To Immigration

It might surprise you to hear someone say that Ted Cruz is a flip-flopper. He’s built an entire reputation on being nothing if not consistently conservative. But when it comes to an issue that reporters like Scott Bland suggest are animating Trump supporters – trade – he did a huge flip-flop.

Back in April of last year, as Congress was preparing to vote on Trade Promotion Authority (so-called “Fast Track”), Senator Cruz wrote an op-ed in support of it with none other than Rep. Paul Ryan. As we all know, Ryan is now the Republican House Speaker – a position that places him at the center of what Cruz calls “the Washington cabal.” So he not only supported giving President Obama “fast track” authority on trade deals, he joined forces with the cabal to speak out it favor of it passing in Congress.

A short two months later, Sen. Cruz voted against TPA, citing “concerns over unrelated legislation and a separate trade deal, the Trade in Services Agreement, which he asserted could impact U.S. immigration law.”

As it stands right now, it would seem that Ted Cruz supports trade agreements as long as they don’t contain anything related to immigration. That might be an interesting question for a reporter to pose to the candidate on the campaign trail or at an upcoming debate.

On the one hand, Cruz might face criticism from the “job creators” if he changes his tune and comes out against trade deals. On the other, he could hurt his chances with Trump supporters if he embraced them.

Attempting to obscure and pander on the issue of trade agreements is not the first time Cruz has changed his tune on an issue. He did the same thing with his position about H-1B visas – he was for them before he was against them. What a flip-flopper!

 

By: Nancy LeTourneau, Political Animal Blog, The Washington Monthly, January 11, 2016

January 12, 2016 Posted by | Immigration, Ted Cruz, Trade Promotion Authority | , , , , , , , | 1 Comment

“This Moment Was Arresting”: President Obama’s Tear A Starkly Human Thing

He didn’t bawl.

His voice only roughened for a moment and he dabbed at a couple tears that straggled down his cheek. As displays of emotion go, it wasn’t all that much. But it was, of course, more than enough.

Inevitably, President Obama’s tears became the takeaway from last week’s White House speech on gun violence. They came as he recalled the 2012 massacre of six educators and 20 young children at Sandy Hook Elementary School in Newtown, Conn.

“Every time I think about those kids,” said the president, tears shining on his cheek, “it gets me mad.”

One grows used to thinking of politics as a craft practiced mostly by people who are only technically human. One grows used to their cynical manipulations and insincere triangulations, to their poll-tested smiles, and focus-grouped quips. Which is why this moment was arresting. The president wept and it was a starkly human thing.

Or at least, that’s surely how most of us saw it. It is a sign of how angry and hateful our politics have become that some conservatives refused to accept the moment at face value.

“I would check that podium for a raw onion,” sneered Andrea Tantaros of Fox “News.”

“He’s putting something in his eyes to create the fascist tears,” wrote John Nolte of Breitbart.

“(hashtag)Crocodile Tears” tweeted actor James Woods.

One hardly knows how to respond. There isn’t even anger. There is only embarrassment for them, only amazement that some people are so bad at being, well … people.

But the sense of disconnectedness, of the action being wholly at odds with some people’s interpretation thereof, went far beyond the president’s tears. To compare what Obama actually said as he seeks to rein in the nation’s runaway gun violence with the way it was afterward construed by his political opposites is to feel as if one has fallen down the rabbit hole into an alternate reality where people drink trees and smell music and the idea that words have fixed meaning is about as real as the Tooth Fairy.

“I believe in the Second Amendment … that guarantees the right to bear arms,” said the president.

Which House Speaker Paul Ryan interpreted as: “From day one, the president has never respected the right to safe and legal gun ownership that our nation has valued since its founding.”

Obama took a handful of modest actions, including: an executive order clarifying that anyone who makes a living selling guns is required to conduct background checks on buyers; hiring more personnel to process background checks; pushing for improved gun safety technology and tracking of stolen firearms.

Which Republican presidential candidate Donald Trump processed as: “Pretty soon, you won’t be able to get guns.”

One nation, two realities, one of them populated by the NRA and its GOP henchmen, by extremists who don’t just own guns or like guns, but who sanctify and worship guns and so regard even the most humble effort to check their destructive power as blasphemy against their god.

In the other reality live the rest of us, heartsick and frustrated that our country has come to this: Mass shootings are commonplace and we cannot muster the political will to do anything about it. So nothing happens; nothing changes. Bullets fly, the gun lobby prattles on, and in an endless loop, we mourn mothers, fathers, sisters and sons in San Bernardino, Aurora, Ft. Hood, Tucson, Charleston and, yes, Newtown, where 20 first-graders — little children — were gunned down, slaughtered.

And people are disbelieving that the president cried? It is not amazing that someone might ponder this carnage and want to weep. No, what’s amazing is that some of us ponder it and do not.

 

By: Leonard Pitts, Jr., Columnist for The Miami Herald; The National Memo, January 10, 2016

January 12, 2016 Posted by | Gun Deaths, Gun Violence, National Rifle Association, Sandy Hook, Ted Cruz | , , , , , , , , , | 1 Comment

“The House Lunatic Caucus”: You’ll Never Please Them Speaker Ryan

Just when Speaker Ryan was probably thinking he’d mollified them with another symbolic vote to repeal Obamacare and defund Planned Parenthood, the Republican lunatic caucus in the House speaks up to remind him that he’s on a short leash.

“It’s too early to judge the speakership of Paul Ryan and I think it is fundamentally unfair to try and judge the speakership of Paul Ryan over the last month or so. But, as I have also said, the honeymoon is over,” said Labrador, an Idaho Republican. “I think he needs to start putting up real conservative reform in the House and doing the things that are necessary to show the voters that he is a different speaker than John Boehner because frankly, everything he has done so far is no different than what John Boehner would have done.”…

He added, “The question is will Ryan be a good speech-maker or a good policy-maker…The question is not just can you deliver on the speech but can you deliver on the substance. The question is whether the Republican party is a conservative party or not. I’m afraid that so far we’ve shown that [the Republican Party] is not a conservative party.”

The implied threat contained in the statement, “everything he has done so far is no different than what John Boehner would have done,” is crystal clear. Labrador wants Ryan to know that unless they get what they want, they’ll do the same thing to him that they did to Boehner.

But if Ryan was actually paying attention for the last few years, what he’ll also know is that the lunatic caucus is famous for making unreasonable demands that no one in their right minds would ever go along with – and they don’t have a majority of votes in the House to get what they want. The only thing they DO have is the ability to threaten to blow shit up. Eventually Speaker Ryan will face the same thing Boehner did – you’ll never please them. And then what?

It’s too bad that a Republican Speaker can’t/won’t tell these lunatics to bugger off. But then, that’s exactly the same problem the Republican establishment is facing with the candidacy of Donald Trump, isn’t it? They created this monster as an alternative to actually governing after the 2008 election and it just keeps turning on them.

 

By: Nancy LeTourneau, Political Animal Blog, The Washington Monthly, January 8, 2016

January 11, 2016 Posted by | Establishment Republicans, House Republican Caucus, Paul Ryan | , , , , , , | 2 Comments