Don't think Ryan was in college seven years ago, but you're right, there's danger in interpreting Weiss's interpretation of Ryan's interpretation of Rand.
That being said, listen to the actual audio here from 2005 that received condemnation from the Catholic Church:
Paul Ryan and Ayn Rand's ideas: in the hot seat again | The Atlas Society
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(2:54) And so when you take a look at where we are today, ah, some would say we’re on offense, some would say we’re on defense, I’d say it’s a little bit of both. And when you look at the twentieth-century experiment with collectivism—that Ayn Rand, more than anybody else, did such a good job of articulating the pitfalls of statism and collectivism—you can’t find another thinker or writer who did a better job of describing and laying out the moral case for capitalism than Ayn Rand.
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If you're a Rand fan I'd say he articulates a very compelling position.
Then contrast with his statements in 2012 to the National Review:
Ryan Shrugged - Robert Costa - National Review Online
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“I reject her philosophy,” Ryan says firmly. “It’s an atheist philosophy. It reduces human interactions down to mere contracts and it is antithetical to my worldview. If somebody is going to try to paste a person’s view on epistemology to me, then give me Thomas Aquinas,” who believed that man needs divine help in the pursuit of knowledge. “Don’t give me Ayn Rand,” he says.
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A lot of my views have certainly evolved since college, but not like that in the past seven years. Is he guilty of hyper-pandering? Perhaps, but like the author says, you can't have it both ways. If Ryan really is the intellectual leader of the GOP in regards to money, I would think voters would want to know where he'll really get his inspiration in 2013.
Then again, perhaps he really is that smart. If he chose to side with the Ayn Rand caucus over the Vatican there would be even greater cause for concern
-spence