Raymond Ruddy

Raymond B. Ruddy

Governor at Texas

General Information

Experience

Chairman, Yahoo! Finance, Finance Home  - Yahoo! Inc.

Education

B.S.  - Economics , Holy Cross College

M.B.A.  - Wharton School of Business of the University of Pennsylvania

Affiliations

Vice Chairman  - MAXIMUS Inc

Vice Chairman  - Zoom Information, Inc.

Founder  - Life Prizes

Member  - The Compensation Committee

Recent News  

One of the chief cooks is a media-shy 63-year-old Catholic multimillionaire, welfare privatizer and Republican donor named Raymond Ruddy.
With close ties to the White House, federal health officials and Republican power brokers that date back to W.'s days as Texas governor, Ruddy has leveraged his generous wallet and insider muscle to push an ultraconservative social agenda, enrich a preferred network of abstinence-only and antiabortion groups, boost profits for his company and line the pockets of his cronies--all with taxpayer dollars.

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Raymond Ruddy, Vice Chairman, MAXIMUS Inc.
Raymond Ruddy Raymond Ruddy Barack Obama intensify, Raymond Ruddy, a multi-millionaire conservative Catholic who over the years has been more comfortable operating in the backrooms of conservative philanthropy, appears to be coming out of the closet. Despite being a longtime contributor to a host of conservative "culture war" causes - often relating to issues involving sexuality -- Ruddy hasn't made a lot of headlines. (As of Monday morning October 13, a simple Google search for "Raymond Ruddy" yielded only 4,660 results.) Ruddy has "close ties to the White House, federal health officials and Republican power brokers that date back to [President George W. Bush's] days as Texas governor," investigative reporter Mike Reynolds wrote in a May 2007 piece for The Nation titled "The Abstinence Gluttons. According to Reynolds, "Ruddy has leveraged his generous wallet and insider muscle to push an ultraconservative social agenda, enrich a preferred network of abstinence-only and antiabortion groups, boost profits for his company and line the pockets of his cronies--all with taxpayer dollars." In early January of this year, in another quasi-public intervention -- Ruddy got involved in a controversy over the use of condoms to prevent the spread of HIV/AIDS. Deal Hudson, a longtime well-connected Catholic Republican Party activist, reported that Ruddy had written a letter to Georgetown University President John J. DeGioia "asking him to disavow or retract a Georgetown report entitled `Faith Communities Engage the HIV/AIDS Crisis.'" According to Hudson, "The report, published in November [2007] Georgetown's Berkley Center for Religion, Peace, & World Affairs, criticizes faith-based approaches requiring changes in sexual behavior in fighting HIV/AIDS," and promotes the use of condoms, despite the teachings of the Catholic Church. "Ray [Ruddy] is a rare leader who puts his money where his heart is, and he did much to win George Bush his presidency," Manuel Miranda, the Chairman of the conservative Third Branch Conference, told me in asn e-mail interview. Although Miranda maintained that Ruddy's "small financial support to social conservative efforts is eclipsed by the applied wealth of George Soros and Hollywood," the former backer of former Massachusetts governor Mitt Romney also appears to be spearheading an effort - waged by a collection of Christian conservative organizations - aimed at putting Planned Parenthood out of business. According to a recent report by OneNewsNow, a news service sponsored by Donald Wildmon's American Family Association, Ruddy is one of those "leading the call" for a federal investigation of Planned Parenthood claiming that the organization "may have fraudulently charged the federal government millions of dollars." "Everybody, since Revolutionary times, has been billing the federal government at the cost -- that is the invoice cost to them, plus a fee," Ruddy explained. Ruddy retired as Chairman of the company in August 2001 in order to "devote more time to his personal interests," Business Wire reported at the time. Raymond Ruddy, Vice Chairman, MAXIMUS Inc.

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Barack Obama intensify, Raymond Ruddy, a multi-millionaire conservative Catholic who over the years has been more comfortable operating in the backrooms of conservative philanthropy, appears to be coming out of the closet.Despite being a longtime contributor to a host of conservative "culture war" causes -- often relating to issues involving sexuality -- Ruddy hasn't made a lot of headlines.However, his influence extends far beyond Google hits and press coverage.The president of the Boston-based Gerard Health Foundation and the vice chairman of the Board of Directors of Maximus, Inc. -- the giant services provider that pioneered welfare privatisation -- has committed himself big time to election year politics, turning up the heat on Obama.He is also fronting a project aimed at damaging the effectiveness of the Planned Parenthood Federation of America, a well-known national provider of sexual and reproductive health services -- especially for poor and uninsured women -- that is often the target of anti-abortion protesters.Ruddy has "close ties to the White House, federal health officials and Republican power brokers that date back to [President George W. Bush's] days as Texas governor," investigative reporter Mike Reynolds wrote in a May 2007 piece for The Nation titled "The Abstinence Gluttons".According to Reynolds, "Ruddy has leveraged his generous wallet and insider muscle to push an ultraconservative social agenda, enrich a preferred network of abstinence-only and antiabortion groups, boost profits for his company and line the pockets of his cronies -- all with taxpayer dollars.""Ray [Ruddy] is a rare leader who puts his money where his heart is, and he did much to win George Bush his presidency," Manuel Miranda, chairman of the conservative Third Branch Conference, told IPS.Although Miranda maintained that Ruddy's "small financial support to social conservative efforts is eclipsed by the applied wealth of [financier and philanthropist] George Soros and Hollywood," Ruddy now appears to be spearheading a campaign -- waged by a collection of Christian conservative organisations -- aimed at putting Planned Parenthood out of business.According to a recent report by OneNewsNow, a news service sponsored by Donald Wildmon's American Family Association, Ruddy is one of those "leading the call" for a federal investigation of Planned Parenthood claiming that the organisation "may have fraudulently charged the federal government millions of dollars"."Everybody, since Revolutionary times, has been billing the federal government at the cost -- that is the invoice cost to them, plus a fee," Ruddy explains.Ruddy has long had a cozy relationship with policy-makers in Washington.Ruddy retired as chairman of the company in August 2001 in order to "devote more time to his personal interests," Business Wire reported at the time.

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