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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsfrom faux news.....'Paul Ryan well-off but not megarich, financial forms show'
Republican presidential candidate Mitt Romney found a running mate wealthier than most of us. Although not nearly as rich as Romney, Rep. Paul Ryan has a net worth of about $4.5 million and earned at least $344,000 last year, putting him in the top 5 percent of income earners. Most of his money comes from his marriage and inheritances.
At a glance, Ryan's finances reflect an upper middle-class family: Ryan mortgages his home -- six bedrooms with 5,700 square feet on less than one acre -- though it's no gilded mansion. He and his wife, Janna, support three children, and she's now a stay-at-home mom.
But a review of Ryan's financial statements by The Associated Press shows he is in the wealthiest percentiles of Americans. His income is between $344,000 and $1.4 million. Much of his money comes from a trust fund set up following his mother-in-law's death, as well as investments in natural resources. He also earns an annual salary as a member of Congress of $174,000.
Romney's choice of Ryan could be a lightning rod for Democrats who have criticized Ryan for his proposed cuts to federal programs for the poor and sick. Ryan's supporters said his budget plan is a serious discussion about government's relationship with Americans and tough medicine for a Washington that for years has spent more than it collects. The Romney campaign declined to discuss Ryan's assets, saying his financial statements speak for themselves.
Read more: http://www.foxnews.com/politics/2012/08/16/paul-ryan-well-off-but-not-megarich-financial-forms-show/#ixzz23w9HuHEp
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from faux news.....'Paul Ryan well-off but not megarich, financial forms show' (Original Post)
spanone
Aug 2012
OP
Warpy
(111,245 posts)1. He's in the top 2%
and that, my dimwitted Pox News friends, is mega rich.
By the way, am I the only person who thinks he looks like the Enzyte guy, Smilin' Bob?
Politicalboi
(15,189 posts)2. It's how he got that money
That should be investigated.
tularetom
(23,664 posts)3. Yep he made his dough the ol' fashioned way
He inherited some of it and married the rest.
How the fuck does he know anything about how hard a small bidnessman has to work to get ahead?
Empty words from an empty suit.
yourout
(7,527 posts)4. More than a little insider trading helped build his fortune.
GP6971
(31,141 posts)5. "empty words from an empty suit"
I always liked something equivalent that one of my early mentors said when the decision was made to send a young lieutenant on a trip to a popular city to "fix a problem"........"You might as well send a uniform on a hanger for all the good it will do"