Click that graphic, if needed, to read which party features the wealthiest CongressA$$holes. (Hint: It's the party of the LITTLE GUY!)
"Many Americans probably have a sense that members of Congress aren’t hurting, even if their government salary alone is in the six figures, much more than most Americans make," said CRP spokesman Dave Levinthal. "What we see through these figures is that many of them have riches well beyond that salary, supplemented with securities, stock holdings, property and other investments."
A number of lawmakers are estimated to have suffered double-digit percentage losses in their net worth from 2007 to 2008. The biggest losers include Kerry, who lost a whopping $127.4 million; Warner lost about $28.1 million; Sen. Dianne Feinstein (D-Calif.) lost about $11.8 million; and Sen. John McCain (R-Ariz.) lost about $10.1 million.
As well-to-do property owners, bond holders, and stock market investors....is it any wonder that these Morons keep, legislatively and surreptitiously, printing money to prop up financial asset prices?
I understand their (perceived) self-interest; but at the same time, shouldn't they, one day anyway, understand the futility?
This country will be destroyed if reason remains imprisoned.
(I've actually heard rumors that Big Government has even been buying *stocks*. That would be unbelievably licentious if true; and it would go some ways towards explaining the severity of this bear market stock and bond rally.)