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Every Member of Congress’ Wealth in one chart

Posted on 2/10/19 at 7:33 am
Posted by cajunangelle
Member since Oct 2012
146906 posts
Posted on 2/10/19 at 7:33 am
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45289 posts
Posted on 2/10/19 at 7:34 am to
Amazing how much massive wealth can be accumulated through “public service.”

Servicing themselves maybe.
Posted by 337Tiger19
Lake Charles, LA
Member since Feb 2014
2444 posts
Posted on 2/10/19 at 7:39 am to
A lot of these people were wealthy before they took office.
Posted by Revelator
Member since Nov 2008
58041 posts
Posted on 2/10/19 at 7:41 am to
quote:

Amazing how much massive wealth can be accumulated through “public service.”



The servant is greater than the master.
Posted by TigerDoc
Texas
Member since Apr 2004
9904 posts
Posted on 2/10/19 at 7:41 am to
quote:

Amazing how much massive wealth can be accumulated through “public service.”

Servicing themselves maybe.


A couple of MoC's (including one on the list above) facing charges for just that later this year.
This post was edited on 2/10/19 at 7:45 am
Posted by saint tiger225
San Diego
Member since Jan 2011
35541 posts
Posted on 2/10/19 at 7:42 am to
Yea, the name public service is such an outdated term for what politicians do. It's about money and power for them, they don't care about their constituents, meaning they don't really serve the public.

And I would hope this is something both sides can agree on. It shouldn't matter if their is an R or D by their name, no one should want these people building up massive amounts of wealth while in office. It only corrupts the soul.

It's ok if you built it before and manage it ok, but to build that amount of wealth while in office stinks of corruption, and both sides are guilty of it.
This post was edited on 2/10/19 at 7:45 am
Posted by MsState of mind
State of Denial
Member since Aug 2013
2641 posts
Posted on 2/10/19 at 7:42 am to
It’s amazing how all these spouses are getting sweetheart deals
Posted by wickowick
Head of Island
Member since Dec 2006
45814 posts
Posted on 2/10/19 at 7:44 am to
I see that most of the highlighted names listed are Republicans. Where are the ultra rich Dems, like Pelosi?
Posted by BRUNNIN4
DFW
Member since Mar 2010
3060 posts
Posted on 2/10/19 at 7:44 am to
The most interesting category to me is "in the black". How has 78 year old John Lewis, who has been in Congress since 1987, not accumulated any assets or liabilities? Does he live in box and gamble all his money away?
This post was edited on 2/10/19 at 7:47 am
Posted by TigerDoc
Texas
Member since Apr 2004
9904 posts
Posted on 2/10/19 at 7:52 am to
quote:

Where are the ultra rich Dems, like Pelosi?


She's listed in the linked piece at #30 (have to follow a link within the link.

Note: this is all as of 2018 - see the Chris Collins wealth spiel which doesn't mention his insider trading indictment on those biotech holdings.

quote:

In his third term representing the area between Buffalo and Rochester, Collins looks to be the Hill’s most successful corporate turnaround expert. He started at Westinghouse Electric after getting a mechanical engineering degree. When the company closed the industrial gear factory he was running, it sold him that business, which he named Nutall Gear Corp. He sold it in 1997 and, after an unsuccessful congressional run, started acquiring 22 distressed businesses in an array of industries. His holdings now include a biotech company that grows viruses for research, a ceramics manufacturer, and a New Zealand company working on therapies to combat multiple sclerosis. Biggest of all is his stake of at least $25 million in Innate Immunotherapeutics, an Australian biotech research business.
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39975 posts
Posted on 2/10/19 at 7:54 am to
Clay Higgins. Man of the people.

Oh and John McCains dead! Lol
Posted by Jake88
Member since Apr 2005
68301 posts
Posted on 2/10/19 at 7:54 am to
quote:


And I would hope this is something both sides can agree on. It shouldn't matter if their is an R or D by their name, no one should want these people building up massive amounts of wealth while in office.
This chart does not tell us where their money came from and when it was built up. This chart tells us nothing beyond there being about 123 dumb asses who are in debt trying to address the country's debt and spending habits.
This post was edited on 2/10/19 at 7:58 am
Posted by trinidadtiger
Member since Jun 2017
13407 posts
Posted on 2/10/19 at 7:54 am to
quote:

I see that most of the highlighted names listed are Republicans. Where are the ultra rich Dems, like Pelosi?


Paul and Nancy Pelosi Foundation, est. 1991 thats where the real money is, as it is with most politicians.

Foundations allow you to take "donations" from foreign entities, which are illegal to take directly. They should have never been allowed to be established for politicians.
They are solely set up to break the law "legally". It also allows you to take money from nefarious entities at arms length to avoid criticism.

hillary did not invent the foundation concept.....but she did take it to stratospheric levels.
Posted by Dawgfanman
Member since Jun 2015
22425 posts
Posted on 2/10/19 at 7:56 am to
quote:

The most interesting category to me is "in the black". How has 78 year old John Lewis, who has been in Congress since 1987, not accumulated any assets or liabilities? Does he live in box and gamble all his money away?


Probably hiding the money in some corrupt enterprise so it won’t be taken by inheritance taxes.
Posted by Hooligan's Ghost
Member since Jul 2013
5189 posts
Posted on 2/10/19 at 7:57 am to
I would like to see a ranking of their government pensions
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19528 posts
Posted on 2/10/19 at 7:59 am to
I’m the opposite of surprised that Maxine Waters has nearly as much debt as assets.
Posted by TigerDoc
Texas
Member since Apr 2004
9904 posts
Posted on 2/10/19 at 8:01 am to
quote:

This chart does not tell us where their money came from and when it was built up. This chart tells us nothing beyond there being about 123 dumb asses who are in debt trying to address the country's debt and spending habits.


The link below is gives more of the details you're looking for.

Roll Call - Wealth of Congress
Posted by John McClane
Member since Apr 2010
36695 posts
Posted on 2/10/19 at 8:01 am to
Shouldn’t Pelosi be in the first list?
Posted by TigerDoc
Texas
Member since Apr 2004
9904 posts
Posted on 2/10/19 at 8:15 am to
Nah, she's worth about $16M (or 0.05 Kushners) according their report.
Posted by roadGator
Member since Feb 2009
140552 posts
Posted on 2/10/19 at 8:18 am to
Kushner?

Damn. That TDS prescription isn't working at all.
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