Lawmakers Well-Off Despite Economy

[EV_Ares]

WASHINGTON) — House leaders are doing well financially during this economic slump. Their lucrative investments and, in many cases, well-compensated spouses supplement their House salaries.

Speaker Nancy Pelosi, D-Calif., one of the wealthiest members of Congress, and her real estate-magnate husband Paul Pelosi spent between $1 million and $5 million to buy the home they'd been living in on San Francisco's Broadway. They also own a vineyard in St. Helena, Calif., worth between $5 million and $25 million and a town house in Norden, Calif., valued between $1 million and $5 million, according to annual financial disclosures released Monday.

The Pelosis also took in rental income of as much as $5 million on five separate commercial properties in the San Francisco Bay area.

As speaker, Pelosi's government salary is $212,100, about $47,000 higher than virtually everyone else in the House.

Other senior lawmakers reported hundreds of thousands in retirement savings, stock and mutual fund investments — and no major liabilities.

rest of the article @ the link: http://www.time.com/time/politics/article/0,8599,1815116,00.html

[WannaJumpMyScooter]

1. well, duh

they will always do well

[bean fidhleir]

2. Not exactly a news flash (nt)

[bdamomma]

3. no surprise.

this is class war.

[DJ13]

4. And we wonder why we no longer have representation for the common guy in Congress

:shrug:

[lib2DaBone]

5. Take The Money And Run

....Billy Mac, in Congress down in Texas
And though he knows just exactly what the fact is
He ain't gonna let those two escape justice
He makes his livin' off of other people's taxes
Bobbie Sue, oh, she slipped away
Billy Joe, caught up with the her the very next day
They got the money,hey, you know they got away
They headed down south and they're still runnin' today, singin'
Go on, take the money and run (4x)

slight edit..apology to Steve Miller Band