Remember last year after the Republicans big victory in the congressional races? Remember those poor deluded fools who thought that victory might actually change something in Washington? David Stockman at davidstockmanscontracorner.com dispels all illusions:
That didn’t take long. Recall that just two months ago Speaker John Boehner announced he would abruptly resign right in the middle of his term. He said he was tired of taking gaff from conservative backbenchers on account of his serial sell-outs of even tepid House GOP efforts at fiscal discipline.
We greeted Boehner’s announcement with a Bronx cheer: Good riddance to Johnny Lawnchair, the fastest fold on the Potomac!
Supposedly a new era was dawning under his successor Paul Ryan, but not so. The lawnchair is back—-its just got a new occupant.
Now after just 51 days in office Ryan has forced the GOP to walk the plank on what under any honest form of fiscal accounting is a $2.5 trillion addition to the national debt.
Well, make that any form of accounting at all. This whole stinking pile of backroom deals was pushed through so fast that even CBO has not had a chance to fully analyze and score the bill.
In that regard, for the first time in his life, Harry Reid told the truth after this Ryan-Obama midnight special was whisked through the House and Senate. Said the man of legendary forked tongue,
“Sometime in the darkness, the bill was finalized……..no legislation is perfect, but this is good legislation.”
I have said all along the Paul Ryan is a complete fiscal fake. After all, he has spent years braying about the national debt, but never saw a defense program he didn’t want to fund or a bailout that would help his Wisconsin district that he failed to rationalize.
Fiscal conservative? The man voted for the TARP bailout of Wall Street and the bailout of the GM/UAW thieves, too.
To continue reading: The GOP’s Favorite Fiscal Fake Folds Fast
