Mitt Romney’s Game Changer: Paul Ryan Forces the Fall Campaign to Be about Big Ideas – Daily Beast  “In his remarks (Saturday) following the announcement, Ryan spoke with his signature sincerity of ‘turning ideas into action, and action into solutions.’  ‘Politicians from both parties have made empty promises,’ he said, ‘which will soon become broken promises—with painful consequences—if we fail to act now…We have a critical decision to make as a nation. We are on an unsustainable path that is robbing America of our freedom and security. It doesn’t have to be this way. … The 2012 race just got real, and the focus will be where it needs to be.’”

In a Presidential Election About the Economy, Paul Ryan Was the Only Choice – Forbes  “He was the safest because in an election all about the U.S. economy, Ryan is the most suited among the names floated to make a strong case for removing the barriers to economic growth erected by Republican (George W. Bush) and Democratic administrations over the last 12 years. … Ryan certainly isn’t perfect, but for an election about a sagging economy, no one is better suited than Ryan when it comes to simplifying what is really quite simple: economic growth. Ryan knows intimately that economic growth is an incredibly basic function of removing the tax, trade, regulatory and monetary barriers to production.”

Treasury’s Secretive $2.4 Trillion Fund Guarantee – CNBC  “Acting without any explicit Congressional authority, the U.S. Treasury guaranteed in excess of $2.4 trillion of money market funds after the giant Reserve Primary Fund ‘broke the buck’ following the bankruptcy of Lehman Brothers. The program, which ended on Sept. 18, 2009, seems to have successfully prevented a panicked run by money-market fund investors. But until now the Treasury has kept the identities of the funds that received government backing and the amounts guaranteed secret. It was not clear how many funds obtained backing or for how much taxpayers were on the hook during the program’s duration.”

E-mails about Clean-Energy Loans Provide New Details on White House Involvement – Washington Post  “President Obama’s staff arranged for him to be personally briefed last summer on a loan program to help clean-energy companies, two months before the program was thrust into headlines by the collapse of its flagship, the solar company Solyndra, records show. … The documents, a series of e-mails among Energy Department staff members involved in managing the program, provide new details about the level of White House involvement in the controversial initiative. White House officials have said in the past that final decisions about which companies would receive the loan guarantees were made by career staff members at the Energy Department, not political appointees.”

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