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.
Oh yes they could care less about the common man
TERM LIMITS ARE NEEDED TO ELIMINATE THE CORRUPTION…IT WILL PUT AN END TO CAREER POLITICIANS!!!!!!!!!!!
POWER CORRUPTS AND ABSOLUTE POWER, ABSOLUTELY CORRUPTS!!!!!!!!!!!!!!!!!
seeing this woman makes me want to throwup what a witch
Sorry people being a millionaire is not what it used to be. What did they use for info pn this
A school teacher on long island with a nice Home and a good 401 and a nice Lexus for wife and a caddy for him could easily be worth a million. & there are plenty of other middle class places like this.
this woman makes my skin crawl!!
BOO!!! …and then they’re telling us X and Y while we suffer under their dictatorial rule and Constitutional violations;etc. It’s time for a change per the Gettysburg Address, because this government is NOT of, by, or for the people anymore.
YA THINK!
I knew they would be!! How else could that freak of president get away with all these horrible things!! Horrible people to stand back & allow!!! ALL SICKOS!!!
You mean millionaire theves…