Paul Ryan defended stimulus in 2002
Rep. Paul Ryan making a forceful, unapologetic case for stimulus to help the economy recovery in 2002 – when George W. Bush wanted it.
**The reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand. – Paul Ryan 2005
Is Paul Ryan stupid or crazy?
What kind of person reads Ayn Rand and gets inspired to go into public service or all things? Considering what she thought of public service, politics and politicians. Considering what she thought of the concept of The Public and Service in general.
I’m no fan of Rand. She was an objectively awful writer. Her philosophy is so comically bad to the point that it works better as a parody of philosophy. But I kind of understand someone reading Rand and being inspired to become an inventor or entrepreneur. She creates idealized images of an inventor/entrepreneur archetype and promotes this as man’s highest calling. Badly, but there is no accounting for taste.
Is there some public servant role model in her work that Ryan latched on to?
Mitt Romney Would Pay 0.82 Percent in Taxes Under Paul Ryan’s Plan
Romney would have paid an effective tax rate of around 0.82 percent under the Ryan plan, rather than the 13.9 percent he actually did. How would someone with more than $21 million in taxable income pay so little? Well, the vast majority of Romney’s income came from capital gains, interest, and dividends. And Ryan wants to eliminate all taxes on capital gains, interest and dividends. Romney, of course, criticized this idea when Newt Gingrich proposed it back in January by pointing out that zeroing out taxes on savings and investment would mean zeroing out his own taxes.
Basically, the Romney campaign is just the latest Romney tax avoidance scheme.
Paul Ryan used inside info to profit from the financial crisis
Ryan attended a closed meeting with congressional leaders, Bush’s Treasury Secretary Henry Paulson, and Federal Reserve Chairman Ben Bernanke on September 18, 2008. The purpose of the meeting was to disclose the coming economic meltdown and beg Congress to pass legislation to help collapsing banks. Instead of doing anything to help, Ryan left the meeting and on that very same day Paul Ryan sold shares of stock he owned in several troubled banks and reinvested the proceeds in Goldman Sachs, a bank that the meeting had disclosed was not in trouble.