Cenk Uygur’s Con Job June 17, 2011: more money in Paul Ryan’s pocket from his budget plan. Richard Hanna trashed stimulus plan, but is front and centered for photo ops celebrating the stimulus plan: of course! Cenk Uygur MSNBC TV Live Con Job and Of Course features June 17, 2011 video transcript

All right, fun Friday, so we will squeeze in an “of course” segment and a “con job” segment in the last seconds of the show tonight. Let’s start with the “of course” segment.

We have front and center for a photo op celebrating a stimulus project, New York Congressman Richard Hannah, who didn’t like the stimulus when he was on the campaign trail.

“Seems that everyday, Congress finds new ways to spend and tax. A failed stimulus plan.”

Failed stimulus, right? But Hannah was more than happy to show up for ribbon cutting after building was renovated with? Stimulus money. And he joins a group of Republicans who have nothing good to say about the stimulus unless there a giant check and huge pair of scissors involved back in their home districts. More republicans talking out of both sides of their mouths on stimulus? Say it with me. Of course.

Now our “con job”. Paul Ryan claims his budget plan would help the American people but what it really helps is his bank account. That’s our con job of the day. The Daily Beast is reporting that Ryan would make a pretty penny if his proposal becomes law. He and his wife own four businesses that lease land. Ryan’s plan includes $45 billion in energy tax breaks and subsidies. What a wonderful coincidence. It turns out this government welfare could be used by the very companies leasing Ryan’s land.

Ryan’s office says he wasn’t thinking about his business when he crafted those tax breaks. Of course not. No, no, no. Financial records show Ryan made up to $177,000 from these leasing properties last year. The year before, he made up to $60,000. Of course we know it is not about profit for Ryan. It is about serious decisions.

“We need to make responsible choices today so our children don’t have to make really painful choices tomorrow.”

What he really means is we need to make responsible choices so he and his friends can go about his business as usual. So he just has to take away Medicare from you. He has to slash spending on the poor and middle class so his family can make a ton for money. He had to do it. The only responsible thing to do. Ryan possibly padding his own pockets while devastating families across the country with cuts is our con job of the day.

Thank you.

Transcribed by the Barefoot Accountant of Accountants CPA Hartford, Connecticut, LLC

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About William Brighenti

William Brighenti is a Certified Public Accountant, Certified QuickBooks ProAdvisor, and Certified Business Valuation Analyst. Bill began his career in public accounting in 1979. Since then he has worked at various public accounting firms throughout Connecticut. Bill received a Master of Science in Professional Accounting degree from the University of Hartford, after attending the University of Connecticut and Central Connecticut State University for his Bachelor of Arts and Master of Arts degrees. He subsequently attended Purdue University for doctoral studies in Accounting and Quantitative Methods in Business. Bill has instructed graduate and undergraduate courses in Accounting, Auditing, and other subjects at the University of Hartford, Central Connecticut State University, Hartford State Technical College, and Purdue University. He also taught GMAT and CPA Exam Review Classes at the Stanley H. Kaplan Educational Center and at Person-Wolinsky, and is certified to teach trade-related subjects at Connecticut Vocational Technical Schools. His articles on tax and accounting have been published in several professional journals throughout the country as well as on several accounting websites. William was born and raised in New Britain, Connecticut, and served on the City's Board of Finance and Taxation as well as its City Plan Commission. In addition to the blog, Accounting and Taxes Simplified, Bill writes a blog, "The Barefoot Accountant", for the Accounting Web, a Sift Media publication.
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