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BigAppleBucky wrote:

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No one can doubt that reckless investments by financial institutions brought on the crisis, but there were too many individuals too leveraged and too many shady low level mortgage writers as well.  If the economy as a whole had been strong, the financial crisis would have been a blip instead of a disaster.

Indicative of the way Washington works that the bankers have been bailed out and are now being allowed to resume the practices that caused the crisis while former home owners are out on the streets with little to no help and Paul Ryan trying to take anything they do get away from them.

BigAppleBucky wrote:

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LumpyWideAss wrote:

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BigAppleBucky wrote:

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 Paul Ryan trying to take anything they do get away from them.

You're going to have to explain that one to me.

http://www.foxnews.com/politics/2012/04/25/gop-ryan-set-for-georgetown-speech-says-budget-addresses-poor-needs/

“However, we would be remiss … if we did not challenge your continuing misuse of Catholic teaching to defend a budget plan that decimates food programs for struggling families, radically weakens protections for the elderly and sick and gives more tax breaks to the wealthiest few.”

Yep, less money to the government is good.   It takes too much already and allocates what it has very poorly.   We shouldn't subsidize more than 10-15% of society.

http://technorati.com/politics/article/paul-ryans-budget-plan-rob-poor/

Ryan plan would increase eligibility age for Medicare from 65 to 67 and destroy Medicaid as we know it. It would cut food stamps, and set a deadline for the recipients to find work and get off the subsistence, and while it does that it increases the defense budget allocation. How much do we really spend on food stamps? The total welfare programs as of 2010 was 11 percent of the U.S. budget, food stamps was just a part of that expense under the broad umbrella of welfare, where as military budget accounts for 54 percent of the federal funds.

This is really good....and duh to the bolded point.  I do not agree with more money to defense, however.   It should be cut equally to medicare, SS and other entitlements.

   http://www.washingtonpost.com/opinions/paul-ryans-budget-hurts-the-poor/2012/03/20/gIQAX73LQS_story.html

Ryan’s budget outline omits specifics about how much he would take from programs. Instead, it provided a string of Orwellian euphemisms. The budget “repairs the safety net” by allowing the states to award public assistance to fewer people — “those who need it most.” Financial aid for college would be slashed — er, “put on a sustainable funding path.” And the Ryan plan would give workers “the tools to thrive in the 21st century” — by killing off various job-training programs.

This is good

Ryan would cut Medicaid by a third and ship the remnants to state governments to handle. Or, as the congressman described it: “We also propose to strengthen Medicaid by empowering our states.”