Paul Ryan would financally benefit from his own legislation

Discussion in 'Politics' started by kiwiman127, Jun 17, 2011.

  1. kiwiman127
    Offline

    kiwiman127 Comfortably Moderate Supporting Member

    Joined:
    Oct 19, 2010
    Messages:
    8,423
    Thanks Received:
    2,581
    Trophy Points:
    315
    Location:
    4th Cleanest City in the World-Minneapolis
    Ratings:
    +3,848
    Paul Ryan could financially benefit from the legislation he wrote as part of "The Roadmap for America's Future."
    I guess you can't blame the guy as he has the capital means to expand his wealth so he can live the American Dream. Ryan is one of the wealthiest representatives in the House.

    Ryan's Shrewd Budget Payday


    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.
    <snip>
    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&apos;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&#8217;s proposed budget. &#8220;Those [energy developing companies] benefit a lot from these subsidies,&#8221; explained Russ Harding, an energy policy analyst with the Mackinac Center for Public Policy, when presented with the situation, without reference to Ryan. &#8220;Without those, they&#8217;re going to be less profitable.&#8221;

    <snip>

    &#8220;Sure, senior citizens should have to pay more for health care, but landholders like [Ryan] who lease property to big oil companies, well, their government subsidies must be protected at all costs,&#8221; says Melanie Sloan, the director of the nonpartisan Citizens for Responsibility and Ethics in Washington. &#8220;It smacks of hypocrisy.&#8221;

    <snip>

    Aside from the land-lease income, Ryan could also personally benefit from the package of subsidies and incentives he has fought to protect. According to a report from the Joint Committee on Taxation, Ryan himself would be eligible to recover money from the government for investments the four family companies might make in such things as machines and maintenance if they didn&#8217;t pan out on the properties and failed to generate revenue.

    Stephen Comstock, a tax analyst with the American Petroleum Institute, says the provision and several others like it would be protected under Ryan&#8217;s 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=NJowYu&om_mid=_BN$0xzB8by7dGP


    Is this act worse than letting the energy companies writing our country's energy policy? Is this ethical? How does this benefit Main Street America who has been asked to sacrifice under Ryan's blueprint?

    Feedback?
     
    • Thank You! Thank You! x 1
    Last edited: Jun 17, 2011
  2. California Girl
    Offline

    California Girl BANNED

    Joined:
    Oct 8, 2009
    Messages:
    50,337
    Thanks Received:
    8,960
    Trophy Points:
    0
    Ratings:
    +8,965
    Do you know the difference between 'could' and 'would'?

    Two completely difference meanings. Therefore, your title is bullshit.

    Could we keep things honest or would that be too fucking hard?
     
  3. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Benefiting from legislation you've written has been declared just fine, by the likes of Harry Reid, Chris Dodd and Dianne Frankenstein.

    Nothing to see here.
     
    • Thank You! Thank You! x 1
  4. traveler52
    Offline

    traveler52 Active Member

    Joined:
    Jan 6, 2010
    Messages:
    639
    Thanks Received:
    133
    Trophy Points:
    28
    Location:
    3.5 Miles From The North Tower of The Golden Gate
    Ratings:
    +134
    What's that you say.....a ConJob, Repug/Teabagger would benefit from Legislation he is the author of?????

    We already know that Ratso used SSI bennies to get through colleage, and now would deny those same bennies to others. We know that a "Coupon" is just another name for "Voucher" and we know that ConJobs, Repugs/Teabaggers are low life, scum sucking, belly crawling cowards. None of this comes as a great surprise.
     
  5. Big Fitz
    Offline

    Big Fitz User Quit *****

    Joined:
    Nov 23, 2009
    Messages:
    16,917
    Thanks Received:
    2,473
    Trophy Points:
    48
    Ratings:
    +2,475
    but we're talking a CONSERVATIVE who would benefit! Oh that just shouldn't be!
     
  6. kiwiman127
    Offline

    kiwiman127 Comfortably Moderate Supporting Member

    Joined:
    Oct 19, 2010
    Messages:
    8,423
    Thanks Received:
    2,581
    Trophy Points:
    315
    Location:
    4th Cleanest City in the World-Minneapolis
    Ratings:
    +3,848
    From the article: "Stephen Comstock, a tax analyst with the American Petroleum Institute, says the provision and several others like it would be protected under RyanÂ’s budget".
     
  7. kiwiman127
    Offline

    kiwiman127 Comfortably Moderate Supporting Member

    Joined:
    Oct 19, 2010
    Messages:
    8,423
    Thanks Received:
    2,581
    Trophy Points:
    315
    Location:
    4th Cleanest City in the World-Minneapolis
    Ratings:
    +3,848
    I just thought I'd use the above post because it reflects the response I expected from our far right posters (which proved to be a correct assumption).
    If one looks at my history, I was one of the first not-far right posters who called for Weiner's resignation and called him a loser and I have stated Obama isn't fit to be president. I feel a wrong is a wrong no matter who has committed the wrong or what party they ideology they subscribe to.
    I'm Main Street America, I see it wrong that this country has a huge debt as the result of fiscal irresponsibility by both parties. I see it morally wrong to try to correct this problem on just the backs of just Main Street America. I'm all for shared sacrifice for the good of the US.
    Because some are so married to their ideology, that their moral vision has been blurred by ideological talking points.
     
    • Thank You! Thank You! x 1
  8. Avatar4321
    Offline

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    70,548
    Thanks Received:
    8,163
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +12,165
    Everyone would financially benefit from Ryan's legislation. Improving the economy does that.
     
  9. xsited1
    Offline

    xsited1 Agent P

    Joined:
    Sep 15, 2008
    Messages:
    17,750
    Thanks Received:
    5,299
    Trophy Points:
    198
    Location:
    Little Rock, AR
    Ratings:
    +5,306
    If I were a member of Congress, the first thing I'd do is write legislation that would benefit me financially. The next thing I would do is send women a picture of my weiner.
     
    • Thank You! Thank You! x 2
  10. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Talking points schmalking points.

    The first thing any of the lamestream media hacks do when just about any legislation authored by anyone without that (D) by their name does is go on a fishing expedition, on how said legislation "may" benefit whomsoever wrote it.

    Yet, when we find proof positive of such chicanery in the here and now, perpetrated by someone who carries that (D) by their name, it gets buried faster than a turd in a cat box.

    This ain't my first time around the mulberry bush.

    So, get the fuck over yourself.
     

Share This Page