“[Paul Ryan's] entire life, and the history of his entire family, makes a lie out of everything the man has said in his political career, and a sham out of every policy position he purports to hold. It seems to be there used to be a word for that. What I do know is that, in 20 years, a lot of people in the Beltway who are in my business today are going to look at what they’ve written and said about this faker, and drink themselves into early graves.” — Charles P. Pierce
Charles P. Pierce lays out the ugly facts:
- Born wealthy — has “amassed a fortune of “between three and $7.7 million” without having held a more lucrative job than “Congressman” at any point in his adult life.”
- His family owes their wealth to government highway construction: “The Ryan workload from 1910 until the rural interstate Highway System was completed 60 years later, was mostly Highway construction,” and who said on Saturday morning, alongside the King of Bain,”I’m proud to stand with a man who understands what it takes to foster job creation in our economy, someone who knows from experience, that if you have a small business — you did build that.”
- Bought a mansion which is cared for by a federal agency, the National Park Service, because it’s listed on National Register of Historic Places.
- Mr. Ryan reported two tax-deferred college savings plans, with a combined value of between $150,000 and $300,000. He also reported two investment partnerships worth, in total, between $350,000 and $750,000, mostly containing shares of stock in well-known companies, including Apple, Goodrich, Kraft Foods, Visa and Whole Foods. Both partnerships were formed by Mr. Ryan and other family members to manage assets left by his grandparents and an aunt.
- Mrs. Ryan has reported receiving a trust after her mother died in 2010 that is valued between $1 million and $5 million, according to a letter Mr. Ryan filed with his latest financial disclosure. Mrs. Ryan also has longstanding interests in several mining and oil exploration investments in Oklahoma and Texas managed by her father, Dan Little, a lawyer in Oklahoma whose clients include oil and gas companies. Those investments generated as much as $150,000 in income last year.
- My small addition: The financial disclosure report [Rep. Paul] Ryan filed with Congress [in May] …shows he and his wife, Janna, own stakes in four family companies that lease land in Texas and Oklahoma to the very energy companies that benefit from the tax subsidies in Ryan’s budget plan… Some of these firms would be eligible for portions of the $45 billion in energy tax breaks and subsidies over 10 years protected in the Wisconsin lawmaker’s proposed budget.
- Received Social Security survivor benefits which he banked for college.
- And just look at all the important work he’s actually done as a public servant for 13 years on the taxpayer’s dime…
Just follow the money, any of it, to where Romney-Ryan have already or would like to redistribute it from the bottom to the top for their own personal gain. Less government though. You built that though. The deficit though. Too much spending (on the poors) though. Go tea party.