Is millionaire Paul Ryan is angry at his parents, grand parents
and his in-laws? Or, just all old people?
Paul Ryan, 42, was born into one of the most prominent families in Janesville, Wis. The son of a successful attorney and the grandson of the top federal prosecutor for the western region of the state.
Ryan grew up in a expansive Colonial house on a large wooded lot, and his extended clan includes investment managers, corporate executives and owners of major construction companies.
He lived a very comfortable life.
In the year after his father’s death, Ryan’s grandmother set up the Ryan-Hutter Investment Partnership, with assets of up to half a million dollars, according to the congressman’s 2011 financial disclosure. Ryan continues as the general partner running the entity for the family.
By the time Ryan had entered Congress in 1999 at the age of 28 and filed his first disclosure statement, he reported assets between $167,000 and $1.3 million, owned a home and had three rental units.
* articles.latimes.com › Collections › Paul Ryan
Mr. Ryan reported two tax-deferred college savings plans, with a combined value of between $150,000 and $300,000. He also reported two investment partnerships worth, in total, between $350,000 and $750,000, mostly containing shares of stock in well-known companies, including Apple, Goodrich, Kraft Foods, Visa and Whole Foods.
Both partnerships were formed by Mr. Ryan and other family members to manage assets left by his grandparents and an aunt. Mrs. Ryan has reported receiving a trust after her mother died in 2010 that is valued between $1 million and $5 million, according to a letter Mr. Ryan filed with his latest financial disclosure.
Mrs. Ryan also has longstanding interests in several mining and oil exploration investments in Oklahoma and Texas managed by her father, Dan Little, a lawyer in Oklahoma whose clients include oil and gas companies.
Those investments generated as much as $150,000 in income last year.
Of the Ryans’ maximum estimated assets of $7.6 million,
Janna’s holdings account for about $6.5 million. She is the daughter of Dan and Prudence Little, two lawyers in Madill, Okla., who over the years have overseen a vast network of land and oil and gas mineral rights in the Red River area straddling southern Oklahoma and northern Texas.
Seniors Retired after 50 yr careers Living on Social Security / Medicare…
Why is he so vindictive? Does he have a long list of “his parents didn’t buy him the bike he wanted, he got punished for bad grades, or he caught caught cheating and stealing from the collection basket?”
Paul Ryan is so out of touch.
He wants to delete Medicare.
Ryan can drop the altar boy facade. He is a classic “Thou doth protest too much” attack dog politician with ulterior motives.