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malaise

(269,067 posts)
Tue Jul 16, 2013, 09:01 AM Jul 2013

Grand Theft Auto Issa is the richest Congressperson - worth $195 million and $700 million

http://www.nytimes.com/2011/12/27/us/politics/economic-slide-took-a-detour-at-capitol-hill.html?_r=2&pagewanted=all&
<snip>
The wealth gap may go largely unnoticed in good times. “But with the American public feeling all this economic pain, people just resent it more,” said Alan J. Ziobrowski, a professor at Georgia State who studied lawmakers’ stock investments.

What is clear is that members of Congress are getting richer compared not only with the average American worker, but also with other very rich Americans.

Going back further, the median wealth of House members grew some two and a half times between 1984 and 2009 in inflation-adjusted dollars, while the wealth of the average American family has actually declined slightly in that same time period, according to data cited by The Washington Post in an article published Monday on its Web site.

With millionaire status now the norm, the rarefied air in the Capitol these days is $100 million. That lofty level appears to have been surpassed by at least 10 members, led by Representative Darrell Issa, a California Republican and former auto alarm magnate who is worth somewhere between $195 million and $700 million. (Because federal law requires lawmakers to disclose their assets only in broad dollar ranges, more precise estimates are impossible.)
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Fucking thieves!!!
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