Looks can be deceiving. But in the end this is only fodder for the voters. We all know that politics is a just like a soap opera and a popularity contest with no real substance. He could be mistaken for a Wall Street banker. Or perhaps a hedge fund manager. Or even a managing director at a private equity firm, like Bain Capital.
Paul Ryan, with his clean-cut Brooks Brothers looks and wonky obsession with spreadsheets, could be just the archetype of a Wall Streeter.
Mitt Romney’s new running mate even trades stocks in his spare time. He’s a fan of the nation’s blue chips: among the stocks he owns are Apple, Exxon Mobil, General Electric, I.B.M., Procter & Gamble, Wells Fargo, Google, McDonald’s, Nike andBerkshire Hathaway, according to his latest disclosure filing.
Mr. Ryan is a disciple of Ayn Rand and Milton Friedman, two figures long associated with free markets.
And he has the support of some powerful backers in finance: his top donors include employees of Wells Fargo, UBS, Goldman Sachs and Bank of America. For his 2012 Congressional race, he raised about $179,000 from securities professionals (not a large sum, but certainly thesingle largest sector that donated money to his campaign).
- Paul Ryan: Finally someone gets tough on Old People (wethefeeble.org)
- Frank Luntz Messaging Ordered by NRCC For Medicare Lies (crooksandliars.com)
- Paul Ryan’s Commitment to the Presidential Race (jemstones.wordpress.com)
- Wall Street’s Big Concern: Can Ryan Help Romney Win? (cnbc.com)
- Rachel totally called it (maddowblog.msnbc.com)