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  1. #1
    I don't know barbaro's Avatar
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    Wealthiest Members of Congress



    Recently, the Center for Responsive Politics (CRP) analyzed the financial assets of US lawmakers based on required annual disclosures, and found that there are 237 millionaires in the US Congress.

    The CRP determines estimated net worth based on some 40 asset and liability categories. Each has a value range, such as $5 million to $25 million.

    Assets, for instance, include non-government income, asset transactions, spouse's income, gifts and more. Listing of Non-income generating property (including a primary residence) is not required under disclosure rules. Assets listed were held by members of Congress in 2008.

    So, who are the richest members of the US Congress? See below!





    15. Rep. Cynthia Lummis (R-Wyo.)

    Avg Net Worth: $48.29 million
    Range: $12.9 million to $83.6 million
    Ranks 7th in the House

    Biggest Reported Assets
    1. Lummis Livestock
    - $5 million to $25 million
    2. Old Horse Pasture Inc
    - $5 million to $25 million
    3. ArpeHammand Hardware
    - $5 million to $25 million






    14. Sen. Bob Corker (R-Tenn.)

    Avg Net Worth: $52.35 million
    Range: $8.3 million to $96.4 million
    Ranks 8th in the Senate

    Biggest Reported Assets
    1. Corker Properties X LP
    - $6 million to $27 million
    2. Corker Properties I Ltd
    - $5 million to $25 million
    3. Pointer QP LP
    - $5 million to $25 million






    13. Sen. James E Risch (R-Idaho)

    Avg Net Worth: $53.33 million
    Range: $19 million to $87.8 million
    Ranks 7th in the Senate

    Biggest Reported Assets
    1. 24+ Acres-Land/Canyon County, ID
    - $5 million to $25 million
    2. 40+ Acres-Land/Ada County, ID
    - $5 million to $25 million
    3. Farm & Ranch Land/40 Acres
    - $5 million to $25 million






    12. Rep. Alan Grayson (D-Fla.)

    Avg Net Worth: $54.45 million
    Range: $30.9 million to $77.9 million
    Ranks 6th in the House

    Biggest Reported Assets
    1. Derivion Claims
    - $25 million to $50 million
    2. AMG Trust
    - $5 million to $25 million
    3. Annaly Capital Management
    - $250,000 to $600,000






    11. Rep. Michael McCaul (R-Texas)

    Avg Net Worth: $69.62 million
    Range: $38 million to $101.2 million
    Ranks 5th in the House

    Biggest Reported Assets
    *Individual asset data not available from The Center for Responsive Politic







    10. Sen. Dianne Feinstein (D-Calif.)

    Avg Net Worth: $72.38 million
    Range: $42.9 million - $101.8 million
    Ranks 6th in the Senate

    Biggest Reported Assets
    1. Carlton Hotel Properties
    - $5 million to $25 million
    2. Federated Government Reserves*
    -$1 million to $5 million
    3. Princeville Condominium/Kauai, HI*
    - $1 million to $5 million

    *Feinstein has disclosed a total of 5 assets in the $1 million - $5 million range.






    9. Sen. Frank R. Lautenberg (D-NJ)

    Avg Net Worth: $74.74 million
    Range: $47.6 million to $101.9 million
    Ranks 5th in the Senate

    Biggest Reported Assets
    *Individual asset data not available from The Center for Responsive Politics







    8. Sen. Jay Rockefeller (D-WVa)



    Avg Net Worth: $94.31 million
    Range: $60.2 million to $128.4 million
    Ranks 4th in the Senate

    Biggest Reported Assets
    1. Wachovia Bank Trustee
    - $25 million to $50 million
    2. United National Bank
    - $5,000,001 to $25,000,000
    3. Rockefeller Financial Services
    - $1.5 million to $2 million






    7. Rep. Vernon Buchanan (R-Fla.)

    Avg Net Worth: $142.43 million
    Range: -$68.3 million to $353.2 million
    Ranks 4th in the House

    Biggest Reported Assets*
    1. VB Motor Yachts
    - $5 million to $25 million
    2. Jarrell Properties
    - $5 million to $25 million
    3. Aircraft ownership & leasing operation
    - $5 million to $25 million

    *Buchanan has disclosed a total of 8 assets in the $5 million - $25 million range.






    6. Rep. Jared Polis (D-Colo.)

    Avg Net Worth: $158.17 million
    Range: $50.7 million to $265.6 million
    Ranks 3rd in the House

    Biggest Reported Assets
    1. Goldman Sachs Bank Deposit
    - $25 million to $50 million
    2. Asia Investment Partners
    - $5 million to $25 million
    3. WCMA Money Fund
    - $5 million to $25 million






    5. Sen. John Kerry (D-Mass.)

    Avg Net Worth: $208.80 million
    Range: $158.6 million to $258.9 million
    Ranks 3rd in the Senate

    Biggest Reported Assets
    1. Dreyfus Treasury Prime Cash Mgmt.
    - $6.5 million to $9 million
    2. Pennsylvania State Bond
    - $4.1 million to $4.25 million
    3. Aberdeen Emerging Markets
    - $2 million to $3 million






    4. Sen. Mark Warner (D-Va.)

    Avg Net Worth: $209.70 million
    Range: $73.3 million - $346.1 million
    Ranks 2nd in the Senate

    Biggest Reported Assets*
    *Individual asset data not available from The Center for Responsive Politics







    3. Sen. Herb Kohl (D-Wisc.)

    Avg Net Worth: $214.57 million
    Range: $163.5 million - $265.6 million
    Ranks 1st in the Senate

    Biggest Reported Assets
    1. Ranch & Ranch Buildings/Horse Breeding
    - $5 million to $25 million
    2. Vacant Land (Includes Residential Lots)
    - $1 million to $5 million
    3. Northridge Co
    - $1 million to $5 million






    2. Rep. Jane Harman (D-Calif.)

    Avg Net Worth: $244.80 million
    Range: $112 million to $377.4 million
    Ranks 2nd in the House

    Biggest Reported Assets
    1. Harman International Industries
    - $32 million to $85.1 million
    2. UBS Select Prime Institutional Fund
    - $7.1 million to $35.3 million
    3. Sail Pacific Explorer Fund LLC
    - $1.5 million to $6 million






    1. Rep. Darrell Issa (R-Calif.)

    Avg Net Worth: $251.03 million
    Range: $164.7 million - $337.4 million
    Ranks 1st in the House

    Biggest Reported Assets
    1. Greene Properties
    - $25 million to $50 million
    2. California Various Purpose Bond
    - $7, million to $35 million
    3. BlackRock Summit Cash Reserves Fund
    - $5 million to $25 million
    ............

  2. #2
    I'm in Jail

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    Wonder how many more would be added if the spouse income was included? Pelosi? Anyway, these folks don't have to worry about healthcare costs or much of anything so they can vote without thinking of the hardship it could cause the people.

  3. #3
    Banned Muadib's Avatar
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    Kind of hard to win an election if your a pauper... You don't have any $$$ to pay off all the right people and attract campaign $$$...

  4. #4
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    Quote Originally Posted by Muadib View Post
    Kind of hard to win an election if your a pauper... You don't have any baht to pay off all the right people and attract campaign baht...
    Corrected quote

  5. #5
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    I'm a little shocked really, I know I shouldn't be, but so many people with so many interests can't be good.

    I'm again reminded of the logic of not allowing politicians to remain in the job. Incumbent politicians should be limited to how many times they can stand.
    "Slavery is the daughter of darkness; an ignorant people is the blind instrument of its own destruction; ambition and intrigue take advantage of the credulity and inexperience of men who have no political, economic or civil knowledge. They mistake pure illusion for reality, license for freedom, treason for patriotism, vengeance for justice."-Simón Bolívar

  6. #6
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    What are all the Democrats doing on that list . . . aren't they all supposed to be on welfare, according to some?

  7. #7
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    I'd be interested in knowing how they got the money.

  8. #8
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    ^ you can Wiki them all.

    The richest member of Congress, Darrell Issa, has had a chequered past-


    Allegations of criminal involvement in early years

    In 1971, Issa allegedly stole a Dodge sedan from an Army post near Pittsburgh. The allegation was made by a retired Army sergeant, and published in a 1998 newspaper article. Issa denied the allegation. No charges were filed.[22][23]

    In 1972, Issa and his brother allegedly stole a red Maserati sports car from a car dealership in Cleveland. He and his brother were indicted for car theft, but the case was dropped.[22][23]

    Also in 1972, Issa was convicted in Michigan for possession of an unregistered gun. He received three months probation and paid a $204 fine.[24]

    On December 28, 1979, Issa and his brother allegedly faked the theft of Issa's Mercedes Benz sedan. Issa and his brother were charged for felony auto theft, but the case was dropped by prosecutors for lack of evidence. Later, Issa and his brother were charged for misdemeanors, but that case was not pursued by prosecutors. Issa accused his brother of stealing the car, and said that the experience with his brother was the reason he went into the car alarm business.[22][23]

    A day after a court order was issued, giving Issa control of automotive alarm company A.C. Custom over an unpaid $60,000 debt, Issa allegedly carried a cardboard box containing a handgun into the office of A.C. Custom executive, Jack Frantz, and told Frantz he was fired. In a 1998 newspaper article, Frantz said Issa had invited him to hold the gun and claimed extensive knowledge of guns and explosives from his Army service. In response, Issa said, "Shots were never fired. ... I don't recall having a gun. I really don't. I don't think I ever pulled a gun on anyone in my life."

    Darrell Issa - Wikipedia, the free encyclopedia
    Last edited by sabang; 20-11-2009 at 09:40 PM.

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