Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

1 Bump

Conflict of interest?

Exclusive: 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.

http://www.thedailybeast.com/articles/2011/06/17/paul-ryan-s-shrewd-budget-payday-congressman-could-benefit-from-tax-breaks-he-proposes.html?om_rid=I7WrsG&om_mid=_BN$0xzB8by7dGP

Ryan’s office says the congressman wasn’t thinking about himself or the oil companies that lease his land when he drafted the budget blueprint that extended the energy tax breaks. “These are properties that Congressman Ryan married into,” spokesman Kevin Seifert said. “It’s not something he has a lot of control over.”

Nonetheless, the properties have been a lucrative investment for Ryan and his wife, earning them as much as $117,000 last year, and $60,000 the year before, his personal financial disclosure reports show. Overall, Ryan, 41, listed assets worth between $590,000 and $2.5 million, putting him in the top third of the richest members of the House.

Answer Question
 
Anonymous

Asked by Anonymous at 5:28 PM on Jun. 17, 2011 in Politics & Current Events

Answers (14)
  • Of course he was thinking of himself. And anyone that believes him - they probably voted for him.
    twinsplus2more

    Answer by twinsplus2more at 5:48 PM on Jun. 17, 2011

  • So that's why he thinks Medicare is expendable, he's got enough money to fund his own healthcare. Oh, that's right, I forgot, Congress gets healthcare for free!

    They are all crooks. We get the government we deserve. Register to vote.
    dwmom2008

    Answer by dwmom2008 at 5:53 PM on Jun. 17, 2011

  • So of course, his wife should have to divest herself of any and all land deals that she had before they were married.... Bull. Why don't you come out from behind your disgusting anonymous moniker and tell us why you are really hating this man?
    itsmesteph11

    Answer by itsmesteph11 at 6:22 PM on Jun. 17, 2011

  • Rigghhht - in my best sarcastic voice ~
    tasches

    Answer by tasches at 6:24 PM on Jun. 17, 2011

  • This was the best they could come up with? He must be pretty clean.
    yourspecialkid

    Answer by yourspecialkid at 7:04 PM on Jun. 17, 2011

  • http://thehill.com/blogs/on-the-money/801-economy/166599-pelosis-net-worth-rises-62-percent-


    This article was posted earlier this week,  I agree with YSK, they are really having to dig!  Although,176K is nothing to frown about, Ryan's possible 2.5mill is small potatoes compared to Nancy's windfall, she must be grinning like the joker, with her increase in worth to 43.4 mill...  


    "House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.  Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 milion in liabilities."

    agentwanda

    Answer by agentwanda at 8:10 PM on Jun. 17, 2011

  • And No, I don't think it is a conflict of interest for Ryan, however, imo, there IS plenty of conflict of interest with Barney Frank, his bf and Fannie and Freddie but that's old news and another subject...
    agentwanda

    Answer by agentwanda at 8:13 PM on Jun. 17, 2011

  • Ryan is just a hypocrite . So what's new ? Cuts for everyone else but not for him and his oil patch friends .
    janet116

    Answer by janet116 at 8:42 PM on Jun. 17, 2011

  • Looks like the left is getting desperate.
    Carpy

    Answer by Carpy at 10:01 PM on Jun. 17, 2011

  • Looks like the left is getting desperate.

    Extremely desperate and I have a feeling it's only going to get worse....WAY WORSE
    DSamuels

    Answer by DSamuels at 10:23 PM on Jun. 17, 2011

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.
close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN