Opinion . . .

. . . worth noting . .  .



(from https://www.washingtonpost.com/opinions/vote-against-the-gop-this-november/2018/06/22/a6378306-7575-11e8-b4b7-308400242c2e_story.html?utm_term=.857ab8aeb4c8 by George Will, conservative, American political commentator who writes regular columns for The Washington Post and provides commentary for NBC News and MSNBC)
". . . Consider the melancholy example of House Speaker Paul D. Ryan (Wis.), who wagered his dignity on the patently false proposition that it is possible to have sustained transactions with today’s president, this Vesuvius of mendacities, without being degraded. In Robert Bolt’s play “A Man for All Seasons,” Thomas More, having angered Henry VIII, is on trial for his life. When Richard Rich, whom More had once mentored, commits perjury against More in exchange for the office of attorney general for Wales, More says: “Why, Richard, it profits a man nothing to give his soul for the whole world . . . But for Wales!” Ryan traded his political soul for . . . a tax cut. He who formerly spoke truths about the accelerating crisis of the entitlement system lost everything in the service of a president pledged to preserve the unsustainable status quo. . ."

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Let Us . . .

. . . bow our heads. . .

(. . . the prayer offered by Rev. Patrick Conroy on the House floor on Nov. 6, 2017, before tax legislation was passed and signed the into law by President Donald Trump. . .)


(https://www.nbcnews.com/politics/congress/speaker-ryan-forces-out-house-chaplain-n869421)
". . . "As legislation on taxes continues to be debated this week and next, may all members be mindful that the institutions and structures of our great nation guarantee the opportunities that have allowed some to achieve great success, while others continue to struggle," Conroy said. . . "May their efforts these days guarantee that there are not winners and losers under new tax laws, but benefits balanced and shared by all Americans," he added. . . "


(. . . then Paul Ryan FIRED him!)

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Lately. . .

. . . I find the most gratifying way to react to the antics of our elected officials, is to use profanity

Ignoring the sad idiot who thinks the word 'rape' requires qualifiers, how about our 'friends' of the 'right' persuasion who, in 'their daily greed', are at it again, or are still at it, or who appear to always be at it. . . (forever and ever amen). . .

(from AlterNet / By Lynn Parramore)
"Ever since the Richmonder blog  posted a story last weekend pointing to suspicious-looking stock trades made by Paul Ryan on September 18, 2008 – the day Ben Bernanke and Hank Paulson met with Congressional leaders to warn of an economic collapse and the need for a giant bailout – the press has been at sixes and sevens. Was it insider trading? Wasn't it? First the story circulated rapidly. Then, when the Romney/Ryan campaign quickly issued denials, some journalists, most notably Benjy Sarlin of Talking Points Memo , leapt to “debunk” the story. Matt Yglesias of Slate , who first credited the story, apologized and backed off.

Earlier this week, I posted an article challenging the denials made by the Romney/Ryan campaign.

John Carney, a senior editor at CNBC.com has responded to my piece on Paul Ryan’s insider stock trades in September 2008. Unlike the Romney campaign, he does not try to claim that Congressman Ryan did not have time to do the trades before markets closed at 4pm. (There is, of course, the possibility that Ryan traded afterhours; that was no part of my story.) Nor does he take refuge in the pathetic argument that some anonymous trustee did it. His objection is that Congressman Ryan’s trading that day followed a larger pattern evident in other transactions that year.

Carney writes:

    He did trade in and out of two financial names in 2008: Goldman Sachs and Citigroup. He sold shares in Citi in January, March, June, August, September and December. He bought Citi in February, April, July and October. In other words, Ryan was following a pattern of alternating between buying and selling shares of Citi throughout the year...

    Ryan sold shares in Goldman in February, August, October, November and December. He bought shares in Goldman in January, March, June and September.

    Notice a pattern here? Each of Ryan’s purchases of Goldman shares coincides with the sale of a share of Citi.

    Ryan follows this pattern of going long Goldman when he sold Citi on September 18. That day, Ryan also took part in a meeting where Hank Paulson and Ben Bernanke met with Congressional leaders to make their case that the situation in the financial sector had turned so dire as to threaten the entire economy.

Teasing out meaningful patterns from stock market data is a tricky business. It has a tendency to turn researchers into numerologists – they are constantly tempted to find all kinds of significance in some selection of numbers. But look closely at the qualification with which Carney introduced his discussion of the Goldman purchases:

    “The only breaks in this pattern were (a) when he neither bought nor sold any stocks in his portfolio in May, (b) skipping November’s sale of Citi and selling in December instead, and (c) selling shares in Citi in both August and September .” [emphasis added]

In other words, Congressman Ryan followed a pattern, except when he didn’t. And in what month does Ryan depart from the pattern? Why, by marvelous coincidence, September, of course.

Perhaps half a loaf is better than none, but Carney began his piece suggesting that those who credit the Ryan insider trading story have fallen under the influence of “liberal fantasies.” Yes, he bought Goldman while selling Citi, but the quick second Citi sale was anomalous.  Congressman Ryan, by Carney’s own admission, plainly broke from his routine on September 18, 2008. . . "

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