what i call crony capitalism, when you take money from successful small businesses, spend it in washington, on favor industries, on favored individuals, picking winners and losers in the economy, that s cronyism. that s corporate welfare. it doesn t work, it s never worked. the president is still wedded to it. of course, phony political hack paul ryan has no problem with spending taxpayer money. and of course paul ryan has no problem with cronyism, as today s huffington post reports, veep pick paul ryan lobbied on behalf of companies who gave him campaign cash. the post reports that in one instance, ryan lobbied president bush s transportation secretary unsuccessfully to stop more regulation on the transportation of hazardous waste on behalf of a chemical company that was and has continued to be through this
worth of additional defense spending, all of which ripped the deficit wide open, wiped out the surplus left there by bill clinton, and paul ryan, who lobbied the obama administration for stimulus money for his district, while attacking the stimulus tonight just told sean what he wanted to hear. what i call crony capitalism, when you take money from successful small businesses, spend it in washington, on favor industries, on favored individuals, picking winners and losers in the economy, that s cronyism. that s corporate welfare. it doesn t work, it s never worked. the president is still wedded to it. of course, phony political hack paul ryan has no problem with spending taxpayer money. and of course paul ryan has no problem with cronyism, as today s huffington post reports, veep pick paul ryan
voters. it s one of the big challenges president obama has is getting key segments of his base talking about young voters and latino voters, to the polls in november. mark, when we talk about getting people encouraged, the current conversation that s going on for those that are just now tuning in and paying attention since mitt romney has announced paul ryan as his veep pick, will people get turned off by the conversation? it s very possible they might get turned off, thomas. but one thing to keep in mind, this is the middle of august. a lot of people, particularly those folks in that poll, aren t the people who are paying the day-to-day attention that you and i are to this race. let s look to where the race is right after the conventions. that s when people really start tuning in. all right. mark murray, nbc news senior political editor, good to see you. thank you. that s going to wrap things up for me today. see you back here tomorrow at 11:00 a.m. eastern time. don t go anyw
salon today where you said actually it should be flipped. that paul ryan should be the keynote and chris christie should have been the veep pick. explain yourself. purely from a strategic standpoint the way i look at it is this. i didn t think asking me two or three weeks ago he was going to pick ryan or christie. romney made a decision somewhere in late july, early august he wanted to be quote, unquote, bold with this pick. he felt the race on its current trajectory was not going to deliver him to a victory in november because even with the economy so bad he was still running behind obama. he decided he wanted to be bold. at that point, ryan became a live option for him. in my mind, christie was a better bold option for him. both ryan and both christie come with risks. we re seeing the real downside right now to the risk of paul ryan because the entire sort of campaign narrative now is being taken over by a discussion of medicare, of the paul ryan budget, things that republicans don
reforms that he s taken on in new jersey and that we ve seen republicans take on elsewhere. talk to me a little bit about on the hill, you know, there s a political piece out today about republican strategists anxious about the paul ryan pick. strategists have a way of being anxious about a lot of things. what s your feeling about the talk on the hill among republicans about paul ryan. i chatted with a couple of republicans today. in one they remind me that it s important to note the veep pick rarely ends up mattering at the end of the day. that these elections are always fought by the principals, the number ones, not necessarily the number twos. another republican actually admitted to me, said, look, this could actually go either way. if we win, this will be brilliant. if we lose, this will be a terrible decision by mitt romney. we have football season that s coming up. i almost kind of look at this. mitt romney was facing a third and five. by picking paul ryan he decided to actua