VoyForums Notice -- Quick Contributions:
Donate $10 to the Red Cross: Text the word REDCROSS to 90999
Donate $10 to the Salvation Army: Text the word STORM to 80888
* The charge will appear on your cellphone bill.
Date Posted:16:20:28 11/02/10 Tue Author: Don Author Host/IP: 68.46.148.115 Subject: Damn those rich Democrats. n/t In reply to:
Tom May from Indiana
's message, "Millionaires" on 15:10:53 11/02/10 Tue
>Most U.S. Senators Are Millionaires
>
>More than half of the current members of the U.S.
>Senate are worth at least $1 million — and seven of
>the 10 richest members of Congress are Democrats.
>
>Those are two of the disclosures from the Washington,
>D.C.-based newspaper Roll Call’s analysis of Congress
>based on financial disclosure forms filed in 2010.
>
>Of the 100 senators, 54 are millionaires, topped by
>Sen. John Kerry, whose worth is estimated at $188.7
>million thanks to the ketchup fortune of his wife,
>Teresa Heinz Kerry.
>
>As the economy stagnated in 2009, more than half of
>the Senate’s membership saw their fortunes grow last
>year, the period covered by the most recent disclosure
>reports.
>
>The combined minimum wealth of the Senate was about
>$680 million in 2009, more than 4 percent higher than
>the previous year, Roll Call disclosed.
>
>Members of Congress must reveal their investments and
>liabilities, but only in broad ranges rather than in
>exact amounts. Roll Call takes the minimum value of
>total assets and subtracts the minimum amount of
>liabilities, so an asset valued at from $5 million to
>$25 million is counted as $5 million.
>
>Rounding out the 10 richest members of Congress, after
>Kerry, are:
>
>2. Rep. Darrell Issa, R-Calif., $160 million. Issa
>founded Directed Electronics, which makes car alarms.
>
>3. Rep. Jane Harman, D-Calif., $152.6 million. Her
>husband, Sidney Harman, owns an audio products company
>whose brand names include Harman Kardon and JBL; he
>bought Newsweek magazine in August.
>
>4. Sen. Jay Rockefeller, D-W.Va., $81.5 million. He is
>a descendant of oil tycoon John D. Rockefeller.
>
>5. Rep. Michael McCaul, R-Texas, $73.7 million. His
>wife owns stakes in companies worth at least $50
>million.
>
>6. Sen. Mark Warner, D-Va., $70.1 million. Warner was
>a telecom mogul before running for office.
>
>7. Rep. Jared Polis, D-Colo., $56.4 million. Internet
>entrepreneur Polis sold two companies for more than $1
>billion.
>
>8. Rep. Vern Buchanan, R-Fla., $55.4 million. His
>empire includes auto dealerships and real estate.
>
>9. Sen. Frank Lautenberg, D-N.J., $49.7 million. He
>founded the data-processing company ADP.
>
>10. Sen. Dianne Feinstein, D-Calif., $46 million. Her
>husband’s assets include holdings in Carlton Hotel
>Properties.
>
>The “poorest” entry on Roll Call’s list of the “50
>Richest Members of Congress” is Sen. Ron Wyden,
>D-Ore., who is worth “only” $5.34 million.
