Councilman
DP Veteran
- Joined
- Apr 25, 2009
- Messages
- 4,454
- Reaction score
- 1,657
- Location
- Riverside, County, CA.
- Gender
- Male
- Political Leaning
- Conservative
Talk about bad timing.
As Washington reels from the news of 10.2 percent unemployment, the Center for Responsive Politics is out with a new report describing the wealth of members of Congress.
Among the highlights: 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.
All told, at least seven lawmakers have net worths greater than $100 million, according to the Center’s 2008 figures.
“Many Americans probably have a sense that members of Congress aren’t hurting, even if their government salary alone is in the six figures, much more than most Americans make,” said CRP spokesman Dave Levinthal. “What we see through these figures is that many of them have riches well beyond that salary, supplemented with securities, stock holdings, property and other investments.”
No no ... they were elected to be there they can stay. But I say, these 237 should be exempt from any Congressional pay increases - they don't need it. Also, I'd suggest they take a pay cut, a la the the TARP CEO's.
Oh noo.... we're a Plutocracy... cannot believe it's true oh lord what will I do.
There's never been any suspicion that America isn't ruled by the wealthy. Its how it always has been and how it always will be.
Plutocracy? :O WHY, WHAT EVER IS THAT?
Plutocracy: The Having of 237 millionaires in your law-making government structure while the rest 90% of your countrymen are going to be feeding their children with food stamps.
So, you're saying the the people we entrust with spending our tax money are financially successful themselves?
The outrage!
:roll:
So, you're saying the the people we entrust with spending our tax money are financially successful themselves?
The outrage!
:roll:
Report: 237 millionaires in Congress - Erika Lovley - POLITICO.com
Anyone still wonder why they don't car what we want need or care about? Well here's your answer.
By ERIKA LOVLEY | 11/6/09 12:14 PM EST
Throwing at least 237 of them out on their asses won't hurt a bit. Big surprise.
A much more interesting statistic would be net worth before election to current net worth.
Call me cynical but I would be that most have seen their net worth balloon while in office. AKA Diane Fienstein, Barbra Boxer as two good examples.
Oh noo.... we're a Plutocracy... cannot believe it's true oh lord what will I do.
There's never been any suspicion that America isn't ruled by the wealthy. Its how it always has been and how it always will be.
It requires a high level of acumen to get paid 6 figures and do almost nothing.
It is kind of outrageous when they create and implement the laws that make them that rich.
I think that the question is here how'd they get that way? One word. Corruption. The demo's have taken over, and it's not like the repubs did any better for the past 8 years, but the bottom line is that in one short decade, due to "progressive" policies and spending, that corruption and greed is alive and well, but it ain't in big business totally. It's in your local congressman, and Senator. They have fattened themselves up while they say to the rest, 'let em eat cake'.......
Seems pretty reasonable to me. Does anyone think the country would be better off if our Representatives actually reflected the population?
I'd rather not be governed by a body comprised in no small part of high school drop outs and people chronically in debt.
While that may be, I think our biggest problem is that we are wanting the MINORITY of this country to do what is best for the MAJORITY.
It's like getting a group of M&M lovers together and finding a minority, which is those who like red M&Ms and getting them to decide what M&M color is the best; their personal preference is red.
That would make it a hybrid between a plutocracy and a republic, which sure if you want to look at it that way, it is. But it's not much of a republic... just do the math to see how many senators per electorates we have in the country-- It's not pretty.I'd say it's a mix between plutocracy and oligarchy. I mean, sure we elect them but do they really push the Will of the People? They're supposed to be our representatives to the Government, not the people who govern us.
Yeah that would be the correct idea of how to do things, but we've seen time and time again that OUR GOVERNMENT IS FINANCIALLY IRRESPONSIBLE.So, you're saying the the people we entrust with spending our tax money are financially successful themselves?
The outrage!
:roll:
I don't automatically see a problem with that. If 3/4 of Congress was made up of brilliant and altruistic individuals who were leaders in their respective fields, we would be ruled by a "minority" group, but I would argue that we'd be better off.
The way I look at it, an ideal Congressman is someone who is:
1) Highly intelligent
2) Ethical
3) Personable
4) Fiscally responsible
5) Educated
6) Experienced
7) Successful
If we looked at a group of people who had most or all of these characteristics, I wouldn't be surprised to find out that the average net wealth was over $1m.
I think we don't see this ideal as a reality because people under those circumstances either find better work doing something else, or they're not willing to sacrifice their reputations (which seems to happen to quite a bit of well-intentioned politicians) or put their family in such a position.
You know.. politicians aren't the most liked group of people in the world.
and looking under your criteria, RightNYC, Jesus would be barely fit as a Congresshuman (to steal Dave Barry's term)
I know it's not always the reality, I'm just saying that I don't necessarily have a problem with it because most Congressmen got wealthy before election because of the same characteristics that led them to be elected.
I don't know about that, I'd say he fits all of them.
Hell, even if he doesn't, he can pull a diebold and just call it a day. :2razz:
Only 4 years over the minimum age requirement.
I don't think he had enough wealth to understand how to spend it fiscally.
We'd be in a Welfare state if Jesus Christ was our Senator.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?