POLITICO.com – Two-hundred-and-thirty-seven members of Congress are millionaires. That’s 44 percent of the body – compared to about 1 percent of Americans overall.
CRP says California Republican Rep. Darrell Issa is the richest lawmaker on Capitol Hill, with a net worth estimated at about $251 million. Next in line: Rep. Jane Harman (D-Calif.), worth about $244.7 million; Sen. Herb Kohl (D-Wis.), worth about $214.5 million; Sen. Mark Warner (D-Va.), worth about $209.7 million; and Sen. John Kerry (D-Mass.), worth about $208.8 million.
#19, represent ALL of the the people they are there to represent
And how do they do that when there are two sides to a problem?
# 17 ethanol said, on November 10th, 2009 at 7:19 am
@Mr. Diesel @FRAGaLOT,
When did Darrel Issa (#1 on the list) become a Democrat?!? The article itself states he is a Republican.
Holy cow! I stand corrected. Speed reading strikes again.
Wow, what a surprise… people that are successful enough to succeed in reaching higher office also are successful in their finances.
I have a million dollars.. big deal.. 30 years at $50,000 / year, invested smartly will put you in that club.
If someone has not amassed a million dollars in net worth, just through regular investments and salary, by the time they reach congress they probably shouldn’t be elected to office, because they are probably failures in life overall. I would hope that they would have at least $10 million to their name by the time they get elected… and of course they should be able to explain it.
Bobbo, compound interest would be a separate investment. The gain here was in commodities trading, and was reported as 100,000 out of 1,000, in 10 months.
http://dumptheincumbent.com How about posting a list of these greedy fat cat swine, so I’ll know who NOT to vote for. Our founding fathers are no doubt spinning in their graves!
http://opensecrets.org/pfds/overview.php?type=W&year=2008
this is the list and the site.
A person that has nothing to loose, doesnt consider those that have EVERYTHING to loose.
You voted them into OFFICE.
very little personal history, just a picture in a manual.
the link I posted, also shows the POOREST..
Golly. Look at all those (D)s after their names.
Of course they represent the little guy.
.
@#25 The founding fathers were all wealthy as well. Thousand acre plantations with slaves didn’t come cheap, even back in 1776.
I find it comical that the people debating Health Care reform in Washington have NEVER gone without good health care. They’re all rich, the one that aren’t on the list are just hiding it better. Money = power, that is why the corporations have all the power in the United States. We are run by the dollar and for the dollar, people be damned. This is why a decent, single payer healthcare system will never come to the United States. The insurance companies are simply too wealthy for average Americans to compete against.
First off, how is this supposed to be a surprise? The government is run by wealthy elites that look out for the interests of other wealthy elites. Even a retard should be able to figure this one out. Anyone thinking that government is looking out for the interests of the public is LESS than a retard.
Secondly, being a millionaire in today’s America means that you are in a group that is slowly becoming the middle class.
23,
and if all your money goes out to pay bills, AS IT SHOULD BE, as IT HAS BEEN MADE to happen?? you would be as poor as the rest of us.
$50k per year??
-33% for tax.
$33500 per year.
-12000 for rent.
$21500
-7200 utilities
$14,300
-2400 food
$11,900
-2400 insurance(min)
$9500
Lets figure you carry $10k per year to invest.
not to bad.
And in the USA you cant survive very well with less then $18 per hour/40 hours per week.
Min wage is $7.50?? 2 persons working is $15 per hour..and STILL they cant make it.
Poor the people. Buy the people.
#31 ECA
I’m 50 years old. Never held a job that made 6 figures. Worth well over a million right now.
Some real estate profits here, some investment returns there, and 1 million real net worth after 30 years of work.
The key? Financial responsibility. Things like realizing that the stupid iPhone will cost you about $5000 just for 2 years of phone service when all is included, not buying the latest and greatest expensive fad product, buying cars as transportation and not as power symbols.
Anyone can do it…. actually if you don’t have at least 1/2 million in net worth at 50 years old, you have pretty much failed financially in your life.
Did anyone else happen to notice what party the top dogs belonged too. I’d tell you but it’s better if you go back and look for yourself.
# 5 According to the story at the time the fact that she made a lot of money in the futures market isn’t the surprise. A great many people did that. The shock is that she sold out just before the bottom dropped out of the market and got to keep it. Most people lost their investments. According to her she just lost her nerve which is all that saved her.
#17 Ethanol
Actually it is not facist. We have, since it was created in 1789, been an oligarchical republic, like most countries.
The elite class, as is true in most nations since the barter system, is the plutocrat. The rich rule.
In fascism it is a far right wing ideology that centers on class struggle in a law of the jungle principle. The strong survive and the weak don’t.
Our current ideology in largely centrist with socialist reforms to prop up those that cannot live by the law of the jungle. (Corporations and low income people)
If we did live by the “make or break” ideal that fascism believes in, then we would NOT had a bail out of any corporations. They would have fell and other small groups would have moved in to take their place as in customary in the jungle.
The fascists in the 30′s and 40′s did not even live by that ideal as they too propped up companies and gave stipends to low income people to build national unity and make a tidy profit for themselves.
There is really only one system that works on paper equally as in reality. The Oligarchy.
All the rest will gravitate towards that model no matter how much they like to try otherwise.
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#21 Easy. You choose what is best for the common good.
That does not mean sucking up to religious wackos.