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Octafish

(55,745 posts)
Sat Aug 11, 2012, 12:38 PM Aug 2012

Paul Ryan is a CROOK.

The Ryan budget is proof. The guy weaseled into the package big breaks for Big Oil cough Koch Bros and his own immediate family.



Ryan's Shrewd Budget Payday

The congressman stands to make money from his stakes in four businesses that lease land to energy companies which would benefit from $45 billion in tax breaks and subsidies in his proposed budget. Daniel Stone reports.

by Daniel Stone
The Daily Beast
Jun 17, 2011 12:09 AM EDT Exclusive:

When House Budget Committee Chairman Paul Ryan unveiled the GOP blueprint for cutting government spending, he asked Americans to make sacrifices on everything from Medicare to education, while preserving lucrative tax subsidies for the booming oil, mining and energy industries.

It turns out a constituency within his own personal investments stood to benefit from those tax breaks, Newsweek and The Daily Beast have learned.

The financial disclosure report Ryan filed with Congress last month and made public this week 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.

Ryan's father-in-law, Daniel Little, who runs the companies, told Newsweek and The Daily Beast that the family companies are currently leasing the land for mining and drilling to energy giants such as Chesapeake Energy, Devon, and XTO Energy, a recently acquired subsidiary of ExxonMobil.

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. “Those (energy developing companies) benefit a lot from these subsidies,” explained Russ Harding, an energy policy analyst with the Mackinac Center for Public Policy, when presented with the situation, without reference to Ryan. “Without those, they’re going to be less profitable.”

CONTINUED...

http://www.thedailybeast.com/articles/2011/06/17/paul-ryan-s-shrewd-budget-payday-congressman-could-benefit-from-tax-breaks-he-proposes.html



The guy's a warmonger, too.

24 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Paul Ryan is a CROOK. (Original Post) Octafish Aug 2012 OP
K&R Cleita Aug 2012 #1
The Real Agenda Behind Paul Ryan’s Deficit-Slashing Mania Octafish Aug 2012 #19
Every teabagger does these things. Restoring Honor? Lost that long before those pancakes. freshwest Aug 2012 #2
Restoring honor ! russspeakeasy Aug 2012 #14
Good stuff! Lone_Star_Dem Aug 2012 #3
Perfect analogy!...nt tex-wyo-dem Aug 2012 #13
that's not all... dtom67 Aug 2012 #4
To dredge up an old cliche, "Is the Pope Catholic?" He's LibDemAlways Aug 2012 #5
Wow, they aren't always so blatant about it. StrictlyRockers Aug 2012 #6
This info amuse bouche Aug 2012 #7
Done... IthinkThereforeIAM Aug 2012 #9
Just wowwee. The GOP is one fucked up party full of scandals, scoundrels and hypocrites. nt nc4bo Aug 2012 #8
Yep. But he's not as big a crook as Romney. Avalux Aug 2012 #10
Tell me about it. Octafish Aug 2012 #11
K&R. I didn't realize he was this clearly a crook. Glad to hear it. Overseas Aug 2012 #12
K&R nt raouldukelives Aug 2012 #15
That he is crook Jakes Progress Aug 2012 #16
Dear Octafish!.. You forget NOTHING! annabanana Aug 2012 #17
Romney Hood and the Sherriff LiberalAndProud Aug 2012 #18
I would never call any US Congressman a fu*k-head, but were I ever to do so, indepat Aug 2012 #20
Wow. Mooselini Aug 2012 #21
The Obama campaign needs to get this information out there. WI_DEM Aug 2012 #22
kick samsingh Aug 2012 #23
Repukes are so consistent lark Aug 2012 #24

Octafish

(55,745 posts)
19. The Real Agenda Behind Paul Ryan’s Deficit-Slashing Mania
Sat Aug 11, 2012, 07:23 PM
Aug 2012

A man I know asked his nephew about keeping unused campaign contributions after the nephew left state office due to term limits: "How much do you have in your war chest? $100,000? $150,000?" he asked. "Uncle, keep going," the former state senator told him. "What do you do with it? Give it to the (GOP) party?" "No, uncle, I'm going to keep it." "Isn't that illegal?" my friend asked. "Illegal?" his nephew replied. "No, uncle, it's legal. Remember, we make the laws."

The Big Picture:



Tax Cuts for Corporations and the Super-Rich; Budget Cuts for Medicare and Medicaid

The Real Agenda Behind Paul Ryan’s Deficit-Slashing Mania

by DEAN BAKER
CounterPunch March 21, 2012

If you want to see House Budget Committee Chairman Paul Ryan sanctimoniously excuse himself and his friends for missing the most predictable economic crisis in the history of the world, you now have the opportunity: In a YouTube video produced by his staff, Ryan tells viewers that the crisis called by the collapse of the housing bubble caught “us” by surprise.

SNIP...

The bubble was driving the economy both directly by propelling a construction boom and indirectly through the impact of housing bubble wealth on consumption. When the bubble burst, there would be nothing to replace this bubble driven-demand. It would be necessary to run the sort of large government budget deficits that we have seen the last four years in order to sustain the economy and keep unemployment rate out of the double digits.

All of this was 100 percent predictable and predicted. However Representative Ryan wants to give himself the blanket “who could have known” amnesty because he and his Wall Street friends chose to ignore the people who were giving the warnings.

SNIP...

If we can skip the sanctimony let’s just say what every budget wonk knows to be true. We don’t have a budget problem; we have a health care cost problem. If per person health care costs in the United States were in line with those in any other wealthy country we would be looking at huge budget surpluses, not deficits.

CONTINUED...

http://www.counterpunch.org/2012/03/21/the-real-agenda-behind-paul-ryans-deficit-slashing-mania/



Hi, Cleita! Great to see you!

freshwest

(53,661 posts)
2. Every teabagger does these things. Restoring Honor? Lost that long before those pancakes.
Sat Aug 11, 2012, 01:32 PM
Aug 2012

Last edited Sat Aug 11, 2012, 02:59 PM - Edit history (1)

dtom67

(634 posts)
4. that's not all...
Sat Aug 11, 2012, 01:40 PM
Aug 2012

I suspect he profited on some insider trading before the 2008 crash. He attended a closed-door meeting on troubled banks with Bernanke ( and others ) then immediately turned around and sold all his bank shares and bought shares in Vampire-Squid ( Goldman Sachs ).

He also used to drive the Wiener-mobile for Oscar Meier .



IthinkThereforeIAM

(3,075 posts)
9. Done...
Sat Aug 11, 2012, 02:54 PM
Aug 2012

...liked and posted to my Facebook page, which is read by many clueless GOP supporters out here in South Dakota.

Avalux

(35,015 posts)
10. Yep. But he's not as big a crook as Romney.
Sat Aug 11, 2012, 02:57 PM
Aug 2012

I just hope people aren't so focused on Ryan's crap that they let Romney's slide....Marriott deal, tax returns, illegally structured IRA....need I go on?

Hopefully, both will receive the appropriate scrutiny but in order to belive they will, I'd need to have faith in our media.

Overseas

(12,121 posts)
12. K&R. I didn't realize he was this clearly a crook. Glad to hear it.
Sat Aug 11, 2012, 03:03 PM
Aug 2012

I look forward to some strong Democratic ads about the wonderful private benefits to the Ryan Clan from his cruelty to the rest of us.

Jakes Progress

(11,122 posts)
16. That he is crook
Sat Aug 11, 2012, 06:01 PM
Aug 2012

and a liar and a fraud will not hamper republicans for cheering him. He can shoot children and kick puppies and it won't make a difference.

We have become a us-vs-them nation without regard for principle. Unfortunately, our side displays a lot of the same blind faith. And we wonder why thinking people are shunning politics.

indepat

(20,899 posts)
20. I would never call any US Congressman a fu*k-head, but were I ever to do so,
Sat Aug 11, 2012, 08:09 PM
Aug 2012

surely Herr Ryan would be in the first tier to be so labeled.

Mooselini

(10 posts)
21. Wow.
Sun Aug 12, 2012, 12:36 AM
Aug 2012

Actually, not wow. It's not surprising at all. It's sad, if not outright pathetic, that people are fooled by such greedy bastards.

lark

(23,065 posts)
24. Repukes are so consistent
Sun Aug 12, 2012, 12:31 PM
Aug 2012

It's all about how can I get rich and steal money from others to further enrich myself and my cronies. That is 100% of their agenda. Even the stupid religious stuff is just window dressing to get the Christian conservatives to vote against their own economic best interests.

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