Posted on 05/23/2008 6:02:55 PM PDT by Kaslin
Politics: It's curious how so many lawmakers enter office with little, yet accumulate tens of millions in assets over the years. Nothing wrong with building wealth, but cashing in while serving the public looks bad.
Though her experience working in the private sector is largely limited to a roughly 16-year career at the Rose Law Firm in Arkansas that ended 15 years ago, she went from being more than $6 million in the hole in 2000, the year she was elected senator in New York, to having a net worth of $30.7 million in 2006.
As a couple, the Clintons' tax filings indicate that they took in $109 million from 2000 to 2007, while Bill took full advantage of the perks of being a former president and Hillary (allegedly) served the people of New York in the U.S. Senate.
The Sunlight Foundation, which recently launched its Fortune 535 Web site detailing the growth of lawmakers' wealth, reports that Hillary's $37 million turnaround is the fastest financial upgrade of any member of Congress who entered office without assets.
Another stunning reversal of fortune is that of Rep. Jim Moran, Virginia Democrat. The former mayor of Alexandria had a negative net worth of $12,000 in 1995, five years after he was first elected. In a little more than a decade, he rolled up $12 million in assets.
(Excerpt) Read more at ibdeditorials.com ...
BTTT.
The PIAPS belongs in prison, not on the verge of stealing a nomination for the presidency.
JMHO.
It shows the “chick” congresswomean in CA is and idiot. She didn’t get in with the right people.
I think it's time to look at means testing to receive post presidential taxpayer perks. There is absolutely no reason the taxpayers should be providing funds for the Clinton's private enterprises.
$109M isn’t the whole story. Any of Bill’s “expenses” not paid by the U.S. taxpayer are paid by his foundation, a tax-free contribution to Bill’s globetrotting lifestyle.
Organized Crime!
Proof - as if any is needed - that congress comprises America’s permanent criminal class.
I am hoping that Doung From Upland and the lawyers have her in a prison before Halloween. Isn’t that trial this summer?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.