Ryan's Speech a litany of Big Lies

[Bill USA]

Factcheck.org went through Ryans' speech and showed it was pretty much composed entirely of blatant, bald-faced Big Lies. I take exception to what Factcheck said re S&P's downgrade of the U.S. credit rating. Factcheck said S&P blamed both parties. That is a crock of shit itself. All you have to do is read the S&P report on the downgrade and if you can read you will see they called out the Republicans for brinksmanship and irresponsible brinksmanship (see below).

(emphases my own)

http://factcheck.org/2012/08/ryans-vp-spin/

■Accused President Obama’s health care law of funneling money away from Medicare “at the expense of the elderly.” In fact, Medicare’s chief actuary says the law “substantially improves” the system’s finances, and Ryan himself has embraced the same savings.

■Accused Obama of doing “exactly nothing” about recommendations of a bipartisan deficit commission — which Ryan himself helped scuttle.

■Claimed the American people were “cut out” of stimulus spending. Actually, more than a quarter of all stimulus dollars went for tax relief for workers.

■Faulted Obama for failing to deliver a 2008 campaign promise to keep a Wisconsin plant open. It closed less than a month before Obama took office.
<more>

factcheck.org also noted that Ryan - in Classic Big Lie style - said the downgrade of the United States' Credit Rating by S&P was Obama's fault (Josef Goebbels is snickering in his grave). But factcheck.org said S&P blamed both parties for the down-grade. that's certainly an interesting interpretation of S&P's report. Here is how the S&P report reads:

(emphases my own)
United States of America Long-Term Rating Lowered
[div class="excerpt" id="SP" name="SP"]
"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act ."

and... "The political brinksmanship of recent months highlights what we see as
America's governance and policymaking becoming less stable, less effective,
and less predictable than what we previously believed. The statutory debt
ceiling and the threat of default have become political bargaining chips in
the debate over fiscal policy."
They are talking here about the Republicans tying their voting for the debt ceiling increase to draconian spending cuts
(Boehner Demands Spending Cuts for Any Debt Limit Increase - Bloomberg).