Dec 11 2007
Millionaire in chief
Next year we will be electing a new president. Whether it is a Democrat or a Republican, let me make one thing perfectly clear, whomever is
elected will most likely be wealthy, very wealthy. We have to go all the way back to Harry Truman to find a president who did not enrich himself through the political process.
Let’s take a look at the scorecard of the presidential candidate:
(2006 income in parentheses)
- Hillary Clinton - Net worth: $34.9 million - ($12.1million)
- John Edwards - Net worth: $54.7 million - ($ 3.7 million)
- Rudolph Giuliani - Net worth: $52.2 million - ($17 million)
- John McCain - Net worth: $40.4 million - ($3.9 million)
- Barack Obama - Net worth: $ 1.3 million - ( $ .9 million)
- Mitt Romney - Net worth: $202 million - ($37.6 million)
- Fred Thompson- Net worth: $ 8.1 million - ($ 9.4 million)
By looking at these numbers, can you tell which politician is fairly new in politics? It would be interesting to hear the opinions of the founding fathers regarding the net worth of our politicians. Not sure they saw politics as an enrichment program. Some of them like Washington and Jefferson were wealthy but they did not make their fortunes while in office or after leaving the government (Mr. Clinton has earned $41 million in speaking fees since leaving office, no wonder Ms. Clinton wants his job!)
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