Saturday, September 15, 2012

Ryan: New Fed policy a "bailout" of failed Obama policies, Credit Rating drops AGAIN to AA- now


RyanNew Fed policy a "bailoutof failed Obama policies - The Hill'sBlog Briefing Room 

Rep. Ryan: New Fed policy a ‘bailout’ for Obama economy

By Peter Schroeder 09/15/12 01:36 PM ET
Rep. Paul Ryan (R-Wis.) said the Federal Reserve's latest policy shift amounts to a "bailout" of the economy under President Obama.
Speaking at a campaign event in Oldsmar, Fla., Mitt Romney's vice presidential candidate lambasted the Fed's recent decision to try and do more to boost the economy as "sugar high economics."
"We don't need synthetic money creation. We need economic growth. We want wealth creation," he said. "We don't want to print money. We want opportunity and growth.”