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You are here: Home / Elections / Election 2012 / B-b-b-but teh deficits!

B-b-b-but teh deficits!

by Freddie deBoer|  August 11, 201211:32 am| 103 Comments

This post is in: Election 2012, Daydream Believers

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Sorry to continue with the deluge of Paul Ryan posts, but– when your idiot cousin inevitably talks about how serious Paul Ryan is, thanks to being such a deficit warrior, please refer him to this handy chart. It was prepared by the indispensable MSNBC show, Up with Chris Hayes. Click the photo for the source.

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Reader Interactions

103Comments

  1. 1.

    MikeJ

    August 11, 2012 at 11:35 am

    I thought all the TARP funds were paid back. How did they increase the deficit?

  2. 2.

    Mark S.

    August 11, 2012 at 11:38 am

    It’s really unfair to bring up how Ryan has voted in Congress. These are private matters that distract the conversation away from the economy.

  3. 3.

    Robin G.

    August 11, 2012 at 11:42 am

    My most distinct association with Ryan was that health care summit thing, where he and Bohner kept repeating how they needed to chuck Obamacare and start over with a “clean sheet of paper.” Over and over and over, including, IIRC, holding up literal blank papers. Then the expressions of befuddled dismay when they realized that the patented GOP approach of repeating a catchphrase a million times wasn’t working.

    I look forward to seeing that expression again.

  4. 4.

    Violet

    August 11, 2012 at 11:43 am

    Paul Ryan’s voting history is off limits! We should be focusing on the issues.

  5. 5.

    Brian R.

    August 11, 2012 at 11:43 am

    If you point out Ryan’s record, he’ll get a big sad.

    Also, please don’t check his math.

  6. 6.

    Baud

    August 11, 2012 at 11:44 am

    @MikeJ:

    I don’t understand that chart. Deficits are annual numbers; the debt is cumulative. Obviously, Ryan supported policies that increased the deficit for certain years, but it’s not clear how that all breaks down.

  7. 7.

    Brian R.

    August 11, 2012 at 11:45 am

    On a related note, this old piece on the Ryan budget needs to be spread far and wide.

  8. 8.

    Violet

    August 11, 2012 at 11:45 am

    @Robin G.: That was a lot of fun to watch. I look forward to watching them try more ridiculous catchphrases and watch them also fail.

  9. 9.

    geg6

    August 11, 2012 at 11:47 am

    And that’s just his votes. Wait until someone picks apart his very serious budget plan and realizes it blows up the deficit to proportions making W look like the very soul of fiscal responsibility.

  10. 10.

    schrodinger's cat

    August 11, 2012 at 11:47 am

    Deficits don’t matter, if they are due the actions of Presidents who represent “real” Americans.

  11. 11.

    MikeJ

    August 11, 2012 at 11:48 am

    @Baud: Yeah, it’s not a good chart. When you’ve got someone who is such an obvious disaster to focus on you should be able to do better than that.

  12. 12.

    Rhoda

    August 11, 2012 at 11:50 am

    What I love is the effect this will have on house and senate races; the fact that democrats across the board will be running the same message is going to be so powerful despite the money Rove & Co. will spend trying to muddy the waters.

  13. 13.

    Horrendo Slapp (formerly Jimperson Zibb, Duncan Dönitz, Otto Graf von Pfmidtnöchtler-Pízsmőgy, Mumphrey, et al.)

    August 11, 2012 at 11:52 am

    I feel sick whenever I hear Republicans moaning about the “immoral” deficits an the “immoral” debt we’re handing down to “our children”. If these assholes had said anything about this when Bush was running up the tab, then I might give them a little leeway, but they never said anything. They were actualy even worried, when Bush came into ffice, that we were paying off the debt too fast. Oh, yeah, but then the black guy came into office, and all of a sudden, deficits and the debt are the worst things that ever happened.

  14. 14.

    Cargo

    August 11, 2012 at 11:56 am

    Silly chart! The only things that affect the deficit are greedy moochers, poors and olds, arts grants, NPR and PBS, and GM bailouts.

  15. 15.

    Zifnab

    August 11, 2012 at 11:57 am

    Remember when Republicans ran on “Saving Medicare” in 2010? I don’t know if they are going to manage that this time around.

  16. 16.

    burnspbesq

    August 11, 2012 at 12:00 pm

    @MikeJ:

    Even if they haven’t been, voting for TARP was the right thing to do. Like it or not, we would have been well and truly fucked if the banks had cratered to.

    Also too, Viva Mexico! Campeones Olimpicos!

  17. 17.

    MikeJ

    August 11, 2012 at 12:01 pm

    @Cargo: The teabaggers also hate TARP, so it is a good idea to hang that one on him. Just not in a way trying to claim that it ever cost the taxpayers any money since it, you know, didn’t.

  18. 18.

    Misterpuff

    August 11, 2012 at 12:02 pm

    That’s what I’m talking about.

    Catfood Pusher.

  19. 19.

    sloan

    August 11, 2012 at 12:02 pm

    Watching Fox News and is it just me or is the wingnut reaction reminiscent of the Palin nonsense in 2008? He is totally overshadowing Romney.

    Oh and Paul Ryan FTW because “Reagan Reagan Reagan!” Just heard that from Fox a few seconds ago. Can’t wait to see him in a cowboy hat eating jellybeans.

    And also, Reagan.

  20. 20.

    burnspbesq

    August 11, 2012 at 12:02 pm

    @Zifnab:

    They’ll be relying on the average voter’s inability to recognize semantic Calvinball when they see it.

  21. 21.

    Hal

    August 11, 2012 at 12:02 pm

    In my mind all the yea votes sounded like Ryan Lochte going jeah.

  22. 22.

    eyelessgame

    August 11, 2012 at 12:04 pm

    Deficits aren’t a problem when the president is white.

  23. 23.

    Violet

    August 11, 2012 at 12:05 pm

    Romney’s the gift that just keeps on giving:

    Mitt Romney has cancelled this weekend’s scheduled television interviews, following today’s announcement that Paul Ryan had been tapped as running mate.
    __
    PBS Newshour confirms that the Romney campaign has cancelled today’s interview with Gwen Ifill, which was to air on Monday. The Romney campaign also cancelled one-on-one interviews with local networks in the Virginia area, where Romney launched his bus tour.

    He’s so excited about Ryan as a running mate that he refuses to talk about him.

  24. 24.

    Haydnseek

    August 11, 2012 at 12:05 pm

    @Brian R.: Thanks for this. The information in the Time Magazine piece, and others like it, will appear in many forms, and it’s devastating. It’s all on the record, for all to see. Mittens can run, but he can’t hide.

  25. 25.

    Triassic Sands

    August 11, 2012 at 12:05 pm

    @Violet:

    Somehow I think the list of what is off the table is going to be pretty damn long. Mitt’s taxes? OTT. Ryan’s voting record? OTT. Responsible pet care? Off the table. And on and on and on and…

    Anyway, Paul sure was a cute kid —

    Paul Ryan Child Photo

  26. 26.

    amk

    August 11, 2012 at 12:06 pm

    gopolitico sez that mittbot cancels teevee interviews after announcing the pick.

    Why do I feel that mittbot was arm-twisted into picking the vouchercare boy ? His immediate distancing himself from the ryan’s plan curse, his faux paus in introducing him and not appearing with his own pick all add fuel to that fire.

  27. 27.

    eyelessgame

    August 11, 2012 at 12:07 pm

    Also, the chart sucks. Deficit and debt are not the same thing.

  28. 28.

    Misterpuff

    August 11, 2012 at 12:08 pm

    When is the Media going to point out that spending is OK during a Republican admin but verboten during a Dem administration. Time for the Media to call bullshit (if their balls weren’t in the corporation’s pockets)

  29. 29.

    Misterpuff

    August 11, 2012 at 12:08 pm

    When is the Media going to point out that spending is OK during a Republican admin but verboten during a Dem administration. Time for the Media to call bullshit (if their balls weren’t in the corporation’s pockets)

  30. 30.

    burnspbesq

    August 11, 2012 at 12:08 pm

    @Violet:

    The Rombot is temporarily offline for a system update. Please try to log in later.

  31. 31.

    Villago Delenda Est

    August 11, 2012 at 12:09 pm

    @Mark S.:

    win!

  32. 32.

    spongeworthy

    August 11, 2012 at 12:09 pm

    This is what happens when you get your numbers from the CBPP–those that understand them find them dishonest. Take the Bush tax cuts: We get that the CBPP would take a look at national income and apply the pre-Bush tax rates and see what the revenue would have been. Subtract the actual revenue and that’s what the CBPP will tell you the Bush tax cuts cost us.

    People who actually understand economics would never try to pretend the tax cuts didn’t affect GDP and present a static number. Then the CBPP tells you this number over 7 years is what counts for today’s deficit. It’s blatantly dishonest. Some of you will swallow this, but not all.

  33. 33.

    arguingwithsignposts

    August 11, 2012 at 12:10 pm

    Sorry to continue with the deluge of Paul Ryan posts, but

    The last word belies your apology.

  34. 34.

    scav

    August 11, 2012 at 12:10 pm

    @Violet: help help help help help this hurts. i’m supposed to be doing things not watching a national campaign descend into some sort of post-zeitgheist dada interpretive dance.

  35. 35.

    Villago Delenda Est

    August 11, 2012 at 12:10 pm

    @Misterpuff:

    When is the Media going to point out

    Never

    SATSQ.

    They are totally owned by the corporate parasites.

  36. 36.

    Anoniminous

    August 11, 2012 at 12:10 pm

    @Violet:

    Jesus Christ!!

    They release the pick on a Saturday, during the Olympics, and then refuse to grab free publicity from the talkety-talk shows?

  37. 37.

    Hal

    August 11, 2012 at 12:11 pm

    This whole affair confuses the hell out of me. You announce your choice on Saturday with the Olympics going on, you cancel all TV appearances, you immediately distance yourself from the plan your pick is by far most famous for. Maybe Mitt’s dropping out and Ryan was the only one willing to take the job?

    I did say before that Romney’s flailing campaign and tax returns dodging was giving me serious Obama/Jack Ryan vibes, and now Romney picks Paul Ryan? Coincidence? I think not. Obviously I’m psychic.

  38. 38.

    sloan

    August 11, 2012 at 12:11 pm

    OT but WTF MSNBC? All they got is “Lockup: Raw” for the next 4 hours.

    Who watches that shit?

  39. 39.

    Baud

    August 11, 2012 at 12:11 pm

    @scav:

    i’m supposed to be doing things not watching a national campaign descend into some sort of post-zeitgheist dada interpretive dance.

    Haha. Me too! I had plans today. Damn you, Romney!

  40. 40.

    burnspbesq

    August 11, 2012 at 12:12 pm

    @spongeworthy:

    Just don’t even start with the bullshit about dynamic scoring. Your credibility is already shaky enough without going there.

  41. 41.

    Villago Delenda Est

    August 11, 2012 at 12:13 pm

    @eyelessgame:

    Deficits aren’t a problem when the president is white a Democrat.

    “Ronald Reagan proved that deficits do not matter” – Dick Cheney.

  42. 42.

    Violet

    August 11, 2012 at 12:15 pm

    @amk: Family member of mine who has extensive experience and training in giving presentations, including how to stand, body language, etc. and what that communicates to the audience dissected Romney’s intro (the flub part) and subsequent “I made a mistake”. Analysis was that Romney is incredibly uncomfortable up there, doesn’t want to interact with regular people and does not want to be President. Ryan is comfortable, looks the more assured of the two, and comes across as someone comfortable with his role.

    We were even stopping the DVR to discuss the relative arm positions of the two, and at one point my family member pointed out that Romney’s arm communicated “stay back” to the audience, where as Ryan was waving. It’s subtle stuff, but part of why Romney is so off-putting to a lot of people.

  43. 43.

    Mark S.

    August 11, 2012 at 12:15 pm

    @Violet:

    Wouldn’t you want to be doing interviews right now when the attention is off your tax returns for once?

  44. 44.

    Jim, Foolish Literalist

    August 11, 2012 at 12:15 pm

    @amk:

    Why do I feel that mittbot was arm-twisted into picking the vouchercare boy ? His immediate distancing himself from the ryan’s plan curse,

    Sounds like a last minute change of plans and there are lots and lots of questions and contradictions that Fernstrom hasn’t come up with word-salad to answer with. I don’t think this is as bad as Palin, but Romney is not smooth or agile with this kind of thing. OTOH, the media is head over heels in love with Ryan, and by labor day “Ryan Budget” will replace simpsonbowles as the new totem of Seriousness on MTP and whatever the hell the Sam and Cokie Show (and George Will, as The Beaver) is called now, and they’ll know just as much about the details as they do about SB

  45. 45.

    schrodinger's cat

    August 11, 2012 at 12:16 pm

    @Violet: Which begs the question, why is he running, when it is clear that his heart isn’t really in it.

  46. 46.

    Nick

    August 11, 2012 at 12:17 pm

    Not particularly surprising, considering their track record, but it is amazing how quickly the Slate front page has been filled with Paul Ryan puff pieces….

    A Brad DeLong sez, why can’t we have a better press corps?

  47. 47.

    Mark S.

    August 11, 2012 at 12:17 pm

    @Violet:

    Romney’s afraid of catching poor (as in worth less than $10 million) people germs.

  48. 48.

    Violet

    August 11, 2012 at 12:19 pm

    @scav:

    help help help help help this hurts. i’m supposed to be doing things not watching a national campaign descend into some sort of post-zeitgheist dada interpretive dance.

    Ha! I’d say you owe me a new keyboard, but I just finished my tea. I think this sums up the Romney campaign very well.

  49. 49.

    Martin

    August 11, 2012 at 12:20 pm

    Here’s the real problem with Ryan. Aside from getting elected to the House (which is a minimum prerequisite to being selected to be a VP candidate), what are his accomplishments?

    The Ryan Budget never passed. He’s had no other legislation passed.

    He’s a conservative Dennis Kucinich.

  50. 50.

    Mark S.

    August 11, 2012 at 12:21 pm

    @schrodinger’s cat:

    Daddy issues? That seems to be the only reason W. ran.

  51. 51.

    Violet

    August 11, 2012 at 12:22 pm

    @Mark S.: You’d think. But maybe they’re afraid Romney will get asked about Ryan’s taxes? You know, like how many returns did he ask Ryan to submit?

  52. 52.

    amk

    August 11, 2012 at 12:22 pm

    @Martin: Good question.

  53. 53.

    Dennis SGMM

    August 11, 2012 at 12:24 pm

    @schrodinger’s cat:
    Romney wants to prove to himself that he really can buy anything he wants.

  54. 54.

    Violet

    August 11, 2012 at 12:24 pm

    @schrodinger’s cat: It’s definitely a question. I think it’s Daddy issues again, just like the last several GOP candidates–McCain, Bush II, Bush I. I am not sure what it is with GOP candidates and their Daddy issues, but it’s definitely a thing.

  55. 55.

    Jay in Oregon

    August 11, 2012 at 12:25 pm

    Hopefully we can spend the next couple of months tying every single Republican and teabagger running for office to Ryan’s plan as well.

    “If Mitt Romney and Paul Ryan get elected, will you vote for Ryan budget plan, even though it will slash services for the poor and elderly and drive up the federal debt?”

    Hmmm, needs work… Too bad “death panels” have already been used…

  56. 56.

    Violet

    August 11, 2012 at 12:26 pm

    I forgot to add, my family member who does the presentations also commented that the whole thing looked like a high school play–a good idea, poor execution and nobody knew their lines. Even the set looked cheaply thrown together.

  57. 57.

    Alison

    August 11, 2012 at 12:26 pm

    @Martin: And he doesn’t even have the 7-foot-tall hot Elf Queen wife to keep him interesting.

  58. 58.

    Jewish Steel

    August 11, 2012 at 12:27 pm

    NYT:

    Mr. Ryan is relatively unknown to American voters. A CNN/ORC poll conducted this week found 27 percent of Americans view him favorably…

  59. 59.

    lol

    August 11, 2012 at 12:28 pm

    @MikeJ:

    The TARP funds aren’t all paid back yet, some will never be paid back, the majority has been paid back with interest. When all is said and done, we’ll probably break even or make a very small amount of money. But we’re not there yet.

  60. 60.

    sloan

    August 11, 2012 at 12:29 pm

    @Martin: Well for one thing, he’s a gym rat, and does the P-90X workout (from the late night infomercials). I’ve heard that one 27 times in the last 12 hours.

    Also, he has a SUNNY DISPOSITION like a certain Republican 80s President who shall remain nameless. Hint: Not Bush Sr.

    And I was reliably informed by Luke Russert last night that Paul Ryan is one cool dude. He walks around the Hill with his headphones on, listening to Nirvana. Not making that up.

    So yeah, he’s like a cross between Alex P. Keaton and Ferris Bueller. Good times.

  61. 61.

    Violet

    August 11, 2012 at 12:29 pm

    Somewhere, John McCain is thanking the political gods. Sarah Palin doesn’t look quite as bad a pick as she used to.

  62. 62.

    Jewish Steel

    August 11, 2012 at 12:29 pm

    Also plus: ORC poll!

    Do you approve or disapprove of the way Sauron is handling the economy?

  63. 63.

    spongeworthy

    August 11, 2012 at 12:29 pm

    @burnspbesq: By “credibility” you mean “lockstep truth avoidance”, right?

    So fine, forget dynamic scoring–if you want to pretend tax rates don’t affect activity, you’re free to do so.

    Can you defend using 7 years of deficit numbers to explain this years deficit, as the CBPP has done in the chart? Is Chris Hayes too stupid or too dishonest to catch their “error”? Has to be one of the two.

  64. 64.

    Violet

    August 11, 2012 at 12:30 pm

    @Jewish Steel: Ha! Excellent.

  65. 65.

    Redshift

    August 11, 2012 at 12:32 pm

    @Violet:

    He’s so excited about Ryan as a running mate that he refuses to talk about him.

    My guess is that they had the interviews lined up as the latest attempt to distract from the tax/Bain issues, and now they have a better distraction, so they’re not risking Romney taking actual questions because he’s likely to say something incredibly damaging again.

  66. 66.

    Martin

    August 11, 2012 at 12:32 pm

    And nobody can accuse the GOP of not being the party of diversity. This time they’re going to have a Mormon and a Catholic sucking up to the Jews.

  67. 67.

    wrb

    August 11, 2012 at 12:32 pm

    Ryan and Romney are so similar I think he might have the unintended effect of narrowing Romney’s appeal by making more vivid his least appealing chacteristics and with whom he is and isn’t comfortable.

    White, rich, obnoxious country-club frat boys.

    Everybody loves ’em.

    Just the thing to pull the Hispanic and blue-collar votes.

    They are clones, they are Stepford wives.

  68. 68.

    Amir Khalid

    August 11, 2012 at 12:33 pm

    So Mitt names his running mate on a Saturday morning, disavows the running mate’s signature policy proposal, and hides from the media when he should be out there milking the announcement for every percentage point he can gain in the polls. I too find myself tending to the theory that Paul Ryan, a rising star who threatens to upstage Mitt, was forced upon him.

    I think it’s dawning upon Mitt that this is how it will be throughout his candidacy and any term he serves as President: the party will be the boss of him, not the other way around as he’d been expecting. So now he’s now basically sulking.

  69. 69.

    amk

    August 11, 2012 at 12:33 pm

    Anyone on for a 10000 dollar bet that mittbot sez ‘fuck it all, you nosey peasants. I quit’ next week ?

    Just throwing in my marker there in case it happens.

  70. 70.

    Jim, Foolish Literalist

    August 11, 2012 at 12:33 pm

    @Violet: Not just GOP candidates, but a disturbingly large part of the Bigfoot media: Russert, Tweety, Brokaw, Wiliams to a less obvious extent, the whole Vietnam guilt/WWII obsession is how/why those first three created The McCain Myth. Russert is the fantasy daddy to Williams. I once saw Brokaw interviewing Pumpkinhead and his father, and after Pumpkinhead got done with his goggle-eyed, awestruck recounting of how his father single-handedly saved the world from Hitler and then came home and built the US economy, Brokaw turned to the decidedly non-plussed “Big Russ”, a nickname his son invented when he wrote a book late in both their lives, which I always thought was really fucking weird, and the old man kinda shrugged and said pretty much, “yeah, I got drafted then I came home and got a job”

  71. 71.

    Keith

    August 11, 2012 at 12:34 pm

    I missed the speech. Did Mitt call out to Obama to say it would help his campaign if Team Obama only talked about Ryan’s blue eyes and seriousness?

  72. 72.

    sloan

    August 11, 2012 at 12:36 pm

    @wrb:

    They are clones

    Not true. Romney parts his hair on the left, Ryan parts it on the right.

  73. 73.

    Violet

    August 11, 2012 at 12:37 pm

    @sloan: I expect the early reports on Ryan to be fluffy and pleasant. It’s what happens next week and the week after that’s more interesting. This is just the “getting to know you” stage. The more the Obama campaign can define Ryan right now, the better it will be.

    I also suspect that Palin may have some impact on what the media does with Ryan. More than just a few members of the media were embarrassed by how poorly they did their job re: Palin. I suspect a few of those are not going to let that happen again with Ryan. Only a few, of course. Most won’t care. But those few can make a difference.

  74. 74.

    Jamey

    August 11, 2012 at 12:37 pm

    @Violet: Besides, Ryan was against those things before he was for them…

    I still say it’s going to be a close race, thanks to the Luke Russerts and Chris Cilizza’s of the world. But having Ryan as the never-had-a-job-in-his-life champion of the working and middle classes is at least going to make Election ’12 more fun to follow.

  75. 75.

    wrb

    August 11, 2012 at 12:42 pm

    @Amir Khalid:

    I too find myself tending to the theory that Paul Ryan, a rising star who threatens to upstage Mitt, was forced upon him.

    A Gen-u-ine profile in courage, that there.

    I think this prevents an open rebellion on Tampa at the expense of losing a bunch of fence-sitters.

    I think it might help the downticket races as Twit/Ryan(aka twit2)/Ryan Plan come to define the GOP,

  76. 76.

    Jewish Steel

    August 11, 2012 at 12:42 pm

    @amk: My cousin thinks the same thing.

  77. 77.

    Dennis SGMM

    August 11, 2012 at 12:42 pm

    @Amir Khalid:
    Romney likely called off those appearances because he has to figure out a way to walk back the more odious aspects of the Ryan plan without pissing off the tea baggers. Inasmuch as Romney is unable to pour piss out of a boot even if the instructions are printed on the heel we are in for some world-class floundering.

  78. 78.

    gogol's wife

    August 11, 2012 at 12:42 pm

    @Baud:

    Me too! My husband went out to the store so I could stay home and “write.”

  79. 79.

    wrb

    August 11, 2012 at 12:43 pm

    @Jamey:

    Ryan as the never-had-a-job-in-his-life

    Liar! He drove a wiener mobile.

  80. 80.

    Chyron HR

    August 11, 2012 at 12:47 pm

    @spongeworthy:

    It’s really quite telling that, 4 hours after the official Ryan announcement and half a day since the news first leaked, the only thing any of our resident Republicans have had to say is this generic babbling that, “Waaah, numbers are liberal lies.”

  81. 81.

    Jim, Foolish Literalist

    August 11, 2012 at 12:47 pm

    @Violet:

    I also suspect that Palin may have some impact on what the media does with Ryan. More than just a few members of the media were embarrassed by how poorly they did their job re: Palin.

    I doubt it. Have you ever seen an glimmer of a suggestion of introspection or responsibility in these people? The Iraq War just kinda happened, and it’s no big deal, really. Like Bush, Palin couldn’t hide the stupid no matter how much help they got. Ryan is like Cheney, Rumsfeld or Rice– poised, articulate and confident, Cokie, Dave and the rest never noticed the fact that they were stunningly incompetent. As @Jamey: said, Ryan’s audience is Luke Russert and Chris Cillizza; to Little Pumpkinhead, Ryan is just like the dudes he knew in his frat house; to Cillizza, he’s just like the dudes he wished had let him into their frat house.

  82. 82.

    Martin

    August 11, 2012 at 12:49 pm

    @sloan:

    The Hair Part Theory goes like this: A left hair part draws unconscious attention to the left side of the brain, which controls activities traditionally associated with masculinity. A right hair part draws unconscious attention to the right side of the brain, which controls activities traditionally associated with femininity.
    __
    The theory seems to apply more to men because they usually part their hair the same way their whole life. The theory also applies to women, but to a lesser degree, because women might change their hair styles many times.
    __
    A man who parts his hair on the right and wants acceptance in a traditionally male role is at risk, the theory goes, because he sends a mixed message when he emphasizes the right, or feminine, side of the brain.

    Clark Kent parted his hair on the right. Superman parted it on the left.
    Movie villains typically part on the right, heroes on the left. At least Hollywood has accepted the theory.

  83. 83.

    scav

    August 11, 2012 at 12:52 pm

    Seriously, like Rupert Murdoch chiming in as to the brilliance of the pick is going to help with his heady eau d’ Entitled Legally Dogdey Internationally Opportunistic Moneybag aroma.

    “Thank God!” Mr. Murdoch wrote. “Now we might have a real election on the great issues of the day. Paul Ryan almost perfect choice.”

    This isn’t the Preaching To, this is Pleading With the Choir moment.

  84. 84.

    Violet

    August 11, 2012 at 12:52 pm

    @Jim, Foolish Literalist: We’ll see. I think some of the media will do a better job with Ryan.

  85. 85.

    Bruce S

    August 11, 2012 at 12:53 pm

    Aside from his fealty to the sociopathic cult novelist Ayn Rand, the following is IMHO the single most salient fact attached to Paul Ryan:

    (B)ecause commercial insurers cost more to run than government plans, the Wisconsin Republican’s proposal to privatize Medicare starting in 2022 would actually spark a dramatic increase in how much the nation spends on healthcare for the elderly, according to an independent analysis by the nonpartisan Congressional Budget Office.

    There is not an ounce of “fiscal conservative” in this scheme – it’s privatization for the sake of ideology – Ayn Rand’s “moral foundation” for unbridled capitalism of the sort that makes sociopaths and parasites like Dick Cheney and Mitt Romney multi-millionaires many times over.

  86. 86.

    Omnes Omnibus

    August 11, 2012 at 12:53 pm

    @Martin: Listen, mate, I part my hair on the right. My dad parts his hair on the right. His dad parted his hair on the right. Of course, we are all movie villains, so you may have a point.

  87. 87.

    Argive

    August 11, 2012 at 12:56 pm

    @MikeJ:

    As I understand it, the TBTF banks repaid their TARP money, but AIG didn’t and the Treasury is projecting billions of dollars worth of losses there. Not sure about the smaller banks that received TARP funds.

  88. 88.

    burnspbesq

    August 11, 2012 at 12:57 pm

    @spongeworthy:

    That’s rich: the party that invented dishonest use of numbers complaining about being hoist by its own petard.

    The simple reality is that the last Republican administration presided over the largest unfunded spending binge in the history of mankind, and the presumptive Rublican nominees not only were complicit in that action, they think it’s the greatest thing since cold beer.

    Your self-proclaimed economic ideas guy is profoundly unserious and massively ignorant about economics, and he lies. Deal with it.

  89. 89.

    Jim, Foolish Literalist

    August 11, 2012 at 1:00 pm

    @Bruce S:

    – it’s privatization for the sake of ideology

    exactly– and our beloved SCLM will never get that, they really don’t understand what an ideologue is, and as Josh Marshall once observed, they find it odd and vaguely embarrassing that all those noisy, foul-mouthed, vituperative leftists think politics actually has some effect on people’s lives

    @Omnes Omnibus: drives me crazy how people are always prejudging me because I lurk in the shadows, my face half hidden by the hood of my cloak.

  90. 90.

    burnspbesq

    August 11, 2012 at 1:04 pm

    @Argive:

    Whatever else you may think about him, Geithner is doing an excellent job of managing the Government’s stake in AIG for maximum return. The only mistake he’s made so far is not getting the IRS logo on Manchester United’s kit.

  91. 91.

    MikeJ

    August 11, 2012 at 1:04 pm

    @Argive: It’s not as if the government got nothing out of AIG. We still own 53% of their stock after selling $5billion last week. Another tranche will go on sale in September.

  92. 92.

    schrodinger's cat

    August 11, 2012 at 1:15 pm

    @Martin: What about those who part their hair in middle or what if you have no hair to part?

  93. 93.

    The Ancient Randonneur

    August 11, 2012 at 1:16 pm

    Kathy Gill has a great takedown of Mitt’s new bestest little buddy.

  94. 94.

    Amir Khalid

    August 11, 2012 at 1:17 pm

    @schrodinger’s cat:
    And what if you’re left-handed, like I am? When I had hair long enough to part, I parted it on the left

  95. 95.

    burnspbesq

    August 11, 2012 at 1:20 pm

    @Amir Khalid:

    There’s a reason why the word “sinister” comes from the same Latin root as “sinistral,” the fancy word for left-handed.

  96. 96.

    Martin

    August 11, 2012 at 1:21 pm

    @Omnes Omnibus: And I part my hair on my left, as my father did, as my son does. Not a day goes by when we don’t pull children from burning buildings.

    But I really await the day we have a deliberately bald presidential candidate with a tattoo.

  97. 97.

    Martin

    August 11, 2012 at 1:22 pm

    @burnspbesq: Obama is left handed.

  98. 98.

    moonbat

    August 11, 2012 at 1:32 pm

    @Jewish Steel: You win!

  99. 99.

    schrodinger's cat

    August 11, 2012 at 1:34 pm

    @Martin: So was Clinton, not sure about Dubya.

  100. 100.

    Martin

    August 11, 2012 at 1:37 pm

    @schrodinger’s cat: Cool. There’s a wikipedia page about it.

    Obama, Clinton, HW Bush all left handed. Dubya was right handed. Reagan went both ways.

  101. 101.

    liberal

    August 11, 2012 at 2:18 pm

    @Argive:
    TARP was but one part of the overall program, and not necessarily even the biggest part.

    Fanny and Freddie alone are going to cost us $150B or more.

  102. 102.

    dianne

    August 11, 2012 at 2:19 pm

    They should add
    ObamaCare No Deficit Increase: 2.6 Trillion.

  103. 103.

    Argive

    August 11, 2012 at 2:32 pm

    @liberal:

    Yeah, that’s right. Fannie and Freddie slipped my mind.

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