Monday, November 9, 2009

Millionaires in Congress

A new report finds that of the 535 members of Congress, 237 of them 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.

I find it hopelessly ironic that the 5 4 of the 5 richest people in Congress are Democrats. I guess I shouldn't be surprised.

It's funny how the people most able to directly help the poor refuse to do so, and instead wish to pass the check to taxpayers. Hey Kerry, instead of supporting this draconian health reform, why not use a few thousand dollars and buy insurance for a poor family?

But that's not even the best part:

Some lawmakers have profited from investments in companies that have received federal bailouts; dozens of lawmakers are invested in Wells Fargo, Citigroup, Goldman Sachs and Bank of America.

I'm sorry, but HOW THE FUCK IS THIS LEGAL? This country is being bankrupted so our "representatives" can profit on their investments? This is torch and pitchfork stuff here.

This only reaffirms my belief that government debt is bad, and government involvement in the marketplace is worse.

[Politico via rastian77]

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