For the first time in history, the majority of members of Congress are millionaires.
We’re also witnessing the the most corrupt US government we’ve ever seen.
Gee, think there could be a connection?
For the first time in history, a majority of lawmakers in Congress are millionaires at a time when Americans feel that Congress and those in the “Boomtown” that is Washington, D.C. are becoming more removed from their everyday lives.
According to a Center for Responsive Politics’s analysis of “the personal financial disclosure data from 2012 of the 534 current members,” 268 lawmakers in Congress had an average net worth of at least $1 million. That was up from 257 from the year before.The Center for Responsive Politics found that the “median net worth for all House members was $896,000 (Democrats averaged $929,000 to Republicans’ $884,000) and, for Senators, $2.5 million.” In the Senate, “the median net worth for Senate Democrats was $1.7 million, down from $2.4 million in 2011; for Republicans: $2.9 million, up from $2.5 million in 2011.” According to the report, “the median for congressional Democrats was $1.04 million and, for Republicans, $1 million.”
Rep. Darrell Issa (R-CA) is the wealthiest lawmaker in Congress with a reported average net worth of $464 million in 2012 and the “least-wealthy member was Rep. David Valadao (R-Calif.), who reported an average net worth of negative $12.1 million.” According to the Center, Valadao is in debt “due to loans for his family’s dairy farm.”
To calculate the net worth of members of Congress, “the Center added together members’ significant assets, such as corporate bonds and stocks, then subtracted major liabilities such as loans, credit card debt and property mortgages.” The average net worth of each lawmaker in Congress can be found here.
TO BE EXPECTED, THEY GET RICH OFF THE OFFICE , TAXPAYERS, AND THE PEOPLE.
I can see why, for years been stealing our
so many crooks in a pile.
GRAVY TRAIN.
I’ll bet the majority of them are Democrats too.
this is all while the government is destroying middle class America. as we speak, the feds have raided Bundys ranch in Nevada again this morning. Bundy is a hard working tax paying, food producing rancher. his blm rights are being taken for a solar farm which will make harry reid and his son billions of dollars richer. this fing government was using sorry ass excuses, saving the turtles. we are being taken down by a bunch of liars, thieves, thugs. and we all just sit here wring our hands and watch. exactly when will we take action ?
Sounds like something in the making to me..just tax the middle class a little more..stop ranchers & small farmers..we will all starve for sure…:)
30 pieces of silver.
WE NEED TO FIRE THEM ALL AND CLOSE THE DOORS OF THE HOUSE NOW !!!!!!!
that so sad how they took the people over just doing what they want and not for the people