Obama Crowd Boos Paul Ryan

GOP Vice Presidential nominee Rep. Paul Ryan (R-WI) was booed today at President Barack Obama’s second inauguration.

Ryan congratulated Obama on winning another four years in the White House:

"I congratulate President Obama on his inauguration, and I join the country in celebrating this American tradition.

"The president and I were political opponents. We had strong disagreements over the direction of the country—as we still do now. But today, we put those disagreements aside. Today, we remember what we share in common.

"We serve the same country, one that is still in need of repair—and is still the freest on earth. We serve alongside men and women from both parties, who govern in good faith and good will. Finally, we serve the same people, who have honored us with their charge.

This is not the first time Republicans have been booed at an Obama inauguration.  In 2009, President George W. Bush was booed, entering Obama’s first inauguration to chants of ““Nah nah nah nah, hey hey, good-bye.”


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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