Posted on 10/05/2012 10:29:05 PM PDT by SmithL
California Sen. Dianne Feinstein and House Minority Leader Nancy Pelosi are among the 15 wealthiest members of Congress, according to a new survey.
The annual rankings by Roll Call, a Capitol Hill newspaper, showed the two San Francisco Democrats have a combined worth of at least $68 million, and potentially much more.
Rep. Michael McCaul, R-Texas, tops the list with a minimum net worth of $306 million, roughly 4,000 times greater than the average American household. His wife, Linda, is the daughter of Lowry Mays, founder and CEO of Clear Channel Communications.
No. 3 on the list, Rep. Darrell Issa, R-Vista (SanDiego County), is the richest California member. His wealth, which stems from his car-alarm business, is estimated to be at least $141 million.
"I don't necessarily think people begrudge their member of Congress for having money, but ... it reinforces the message that in order to play in our political system that you need to have money," said Mary Boyle of Common Cause, a nonprofit that promotes good government.
Feinstein, the ninth-richest member, has a net worth of at least $42 million, according to the survey. Feinstein's husband, Richard Blum, is president and CEO of the private equity firm Blum Capital Partners LP. Together they have a number of valuable assets, including a share of San Francisco's Carlton Hotel properties, which is worth up to $25 million.
She also continues to draw a $53,068 pension from the city and county of San Francisco, where she served 18 years as mayor and as a member of the Board of Supervisors.
Pelosi, the 13th wealthiest member, reported a minimum net worth of $26 million.
(Excerpt) Read more at sfgate.com ...
I agree with you on Issa but since he was a Calif rep I didnt want to exclude him from my comments. Pelosi always was talking trash about President Bush and gas prices and I have not heard a peep from her.
I’m sorry but if I had that kind of money and wealth I could never collect a pension from a city I was mayor of.
Of course, that’s just me. I seem to be in a very small minority.
Is Occupy Wall Street at her front door yet?
Liberals always want to control the wealth of others, but they never practice what they preach. Does anyone know of a single left winger that pays taxes with no deductions or pays extra?
There may be exceptions, but they also seem to donate far less to charity than conservatives, but they demand government give more to charity. Go figure.
Something is wrong when “public servants” go to Washington on our dime and a short time later, they become millionaires.
By a weird coincidence, both of them ran gov’t interference on behalf of their family businesses. Thanks SmithL.
I don’t begrudge a member of congress having money unless they used their privileged position in government to gain or protect their money.
“I don’t necessarily think people begrudge their member of Congress for having money, but ... it reinforces the message that in order to play in our political system that you need to have money,”
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It reinforces the message to me that something in politics is crooked as hell.
They didn’t make this kind of money off their Congressional salaries.
Business id good in the political payoff department.
“I don’t necessarily think people begrudge their member of Congress for having money, but ... it reinforces the message that in order to play in our political system that you need to have money,”
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It reinforces the message to me that something in politics is crooked as hell.
They didn’t make this kind of money off their Congressional salaries.
Business is good in the political payoff department.
“I don’t necessarily think people begrudge their member of Congress for having money, but ... it reinforces the message that in order to play in our political system that you need to have money,”
..........................................................
It reinforces the message to me that something in politics is crooked as hell.
They didn’t make this kind of money off their Congressional salaries.
Business is good in the political payoff department.
No $ amount reported for Kerry, Rockefeller, Warner.
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