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The Senate's Millionaires
The Wall Street Journal ^ | Tuesday, June 25, 2002

Posted on 06/25/2002 4:13:50 AM PDT by TroutStalker

Edited on 04/22/2004 11:46:42 PM PDT by Jim Robinson. [history]

When the latest Congressional wealth figures came out last week, we learned that no fewer than 40 U.S. Senators are millionaires. But more intriguing is the fact that the richest among them are all liberals.

The richest Senators are nearly all Democrats, and most of those can be found on the party's furthest left reaches. The seven Democrats worth more than $10 million include legendary liberal Ted Kennedy ($10.2), trial lawyer John Edwards ($13.6), national-health care proponents Jay Rockefeller ($82.1) and Jon Corzine ($93.5) and the richest of them all, John Kerry ($139.7) of Massachusetts, the Sierra Club's poster politician. The richest Republican by far is Lincoln Chafee of Rhode Island ($53.6), who is also by far the most liberal GOP Senator.


(Excerpt) Read more at online.wsj.com ...


TOPICS: Editorial; Government; News/Current Events
KEYWORDS: millionaires; senate

1 posted on 06/25/2002 4:13:50 AM PDT by TroutStalker
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To: TroutStalker
Uh oh!

Since Dems love to play the class war, big bad rich against the poor, they'd better keep this hidden.

John Kerry ($139.7) of Massachusetts

2 posted on 06/25/2002 4:26:55 AM PDT by dawn53
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To: dawn53
That probably doesn't include his wife's fortune. The Heinz slut is the Jim Jeffords of Senate wives.
3 posted on 06/25/2002 4:32:15 AM PDT by TroutStalker
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To: TroutStalker
Some long-ago fat cat boasted that "someone who has a million dollars is as well of as if they were rich." But with all the inflation in the intervening years, that can hardly be said now, and at this point lotteries usually pay several--sometimes dozens--of millions of dollars . . .

If the "richest" conservative senator has only $2 million, there are no conservative senators who are actually rich. But there are lots of "liberal" senators are.

4 posted on 06/25/2002 4:39:47 AM PDT by conservatism_IS_compassion
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To: TroutStalker
"Richest Among Them" =(RATs).
5 posted on 06/25/2002 5:08:09 AM PDT by maxter
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To: TroutStalker
TERM LIMITS !!
6 posted on 06/25/2002 5:59:21 AM PDT by Dallas
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Comment #7 Removed by Moderator

To: TroutStalker
and the richest of them all, John Kerry ($139.7) of Massachusetts, the Sierra Club's poster politician.

And just what did Mr. Kennedy, er, Kerry, do to create such wealth.

9 posted on 06/25/2002 9:20:39 AM PDT by BOBTHENAILER
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To: BOBTHENAILER; EternalVigilance
Check this one out for a stellar list of Senators who have no cares about taxes, including inheritance taxes.

I wonder if any would VOLUNTARILY donate half of their net worth at death, just to show us common folk how altruistic they really are?

10 posted on 06/25/2002 9:24:19 AM PDT by BOBTHENAILER
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To: conservatism_IS_compassion
The richest Republican by far is Lincoln Chafee of Rhode Island ($53.6), who is also by far
the most liberal GOP Senator.
11 posted on 06/25/2002 9:39:11 AM PDT by DETAILER
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To: conservatism_IS_compassion
Your math makes great sense.
12 posted on 06/25/2002 9:56:29 AM PDT by EternalVigilance
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To: BOBTHENAILER
It would be interesting to know how many of these Senate millionaires have become millionaires since their ascension to the Club...

I know of two of the leftists who have made millions through their wives' exploitation of their husband's power...Tom Harkin of Iowa, and Tom Daschle of South Dakota.

Thanks for the very, very interesting flag, my friend.

EV

13 posted on 06/25/2002 9:59:21 AM PDT by EternalVigilance
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To: EternalVigilance
I believe that these guys are going to be very vulnerable to a freeper other non political types, that have never held a political office and will not take any corporate contributions. With buttholes like Herb Kohl and Teresa Heinz husdband in the Senate, our country is moving closer to being run as an oligarchy of the rich. I am in the formative stages of making a populist run at Herb Kohl, based on some of the hot button freeper issues like immigration, taxes, H1-B, and downsizing the Federal Government. I hope some of you will take up the fight and oust these bastards.
14 posted on 06/25/2002 10:08:34 AM PDT by tom paine 2
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To: TroutStalker



Psssst! And when you get to be a grown up, remember to pull the lever with the Big Huggy Donkey on it! That Elephant Man President Bush wants to let mean Osama give little boys and girls Boo Boos!!


15 posted on 06/25/2002 10:20:17 AM PDT by SkyPilot
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To: tom paine 2
Keep us posted! I would like to contribute money to your campaign.
16 posted on 06/25/2002 10:21:40 AM PDT by Destructor
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To: BOBTHENAILER
I've been around more than a few State Capitols in the last decade...I am always amused by the fact that it is the Deomocrat legislators who are driving the Lexus'... ;-)
17 posted on 06/25/2002 10:25:15 AM PDT by EternalVigilance
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To: TroutStalker



+





%




=

$567,000


18 posted on 06/25/2002 10:26:10 AM PDT by SkyPilot
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To: SkyPilot
LOL!!
19 posted on 06/25/2002 10:27:36 AM PDT by mafree
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To: SkyPilot
Ooops!

$567,000,000!!!

20 posted on 06/25/2002 10:28:23 AM PDT by SkyPilot
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To: MRAR15Guy56
This may interest you. http://www.etherzone.com/2002/ moor061402.shtml
Ref. 17th Amendment.
21 posted on 06/25/2002 10:30:07 AM PDT by OXENinFLA
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To: tom paine 2
I hope some of you will take up the fight and oust these bastards.

Me too!

22 posted on 06/25/2002 10:30:41 AM PDT by EternalVigilance
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To: dawn53
Yes, Mr. Heinz made his "millions" by marrying a trust fund baby. Ditto with Mr. Hensley, aka McWhineyBaby.

The hypocrisy of these inherited/married wealth class-baiting CLYMERS is spectacular. They'd sing a different tune if they'd actually earned their money the way Frist did.

23 posted on 06/25/2002 10:34:51 AM PDT by RooRoobird14
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To: TroutStalker
No wonder they can throw millions and billions of our money at everything. They're inured to it.
24 posted on 06/25/2002 10:39:41 AM PDT by abishai
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To: RooRoobird14
They'd sing a different tune if they'd actually earned their money the way Frist did.

The summer a wack job broke through the security at the Capital Bldg in DC (1998 I believe); I was house sitting for a friend who lived adjacent to a Secret Service agent.

He told me while everyone was hiding under their desks in the Senate, Dr. (Senator) Bill Frist came running to the victims with his medical bag.

25 posted on 06/25/2002 10:42:47 AM PDT by SkyPilot
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To: TroutStalker
The richest Republican by far is Lincoln Chafee of Rhode Island ($53.6), who is also by far the most liberal GOP Senator

I wrote this little story about an old friend named "Linc":


A RINO Speaks To His Son


Welcome back, son.

Dad, you are not angry at me?

Not at all. You were entitled to some years of privacy and peace, a chance to live a little out West.

You said this was important, so I am here.

You are here because we need to talk about your future, the family's future. I am getting old and not feeling very well these days, so the family responsibilities are going to fall on your shoulders. It is time so speak truthfully about what those responsibilities are.

Ooooo. Kay.

You have been fortunate to be born in a comfortable household. Any material thing you could want we have always provided. You have been to the best prep school and college in the area, and all of your needs have been taken care of for these many years. So where do your think the money comes from?

Your salary as a U.S. Senator?

No chance. That salary would barely keep us out of the poor house. Your grandfather worked hard to accumulate a small fortune for this family. More importantly he worked with others to assure that my family and your family, and, if you play your part, your children's family will well for the rest of their lives.

How did he manage this?

Well, you always said you were a conservative and you claimed to understand the free market. Now you have worked a bit in the real world. Have you learned how capitalism works in the real world?

What do you mean?

I mean, if you are a rich capitalist, do you understand what the odds are of keeping that wealth for generation after generation?

I confess I hadn't thought much about it. But I guess in a highly competitive worldwith great technological changes they aren't very good.

Exactly. If the game is fair We Lose. So your grandfather worked with others to Rig The Game to make sure we won. I continued that effort. You now have to decide if you are ready to join the team.

(to be continued while I rest my typing fingers :-) )
26 posted on 06/27/2002 6:20:55 PM PDT by cgbg
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To: cgbg
And if decide not to join then what?

You lose. Your family is struggling to make ends meet. Your kids struggle to go to college. You become a nobody, and our family name fades into distant memory.

So you are telling me that I can't just inherit Grandpa's money and go my own way?

Correct. It is your grandfather's wishes that only those who do their part to maintain the family fortune receive their benefits--once they are old enough make an informed choice. For you that decision time has come.

So what is the deal? What do I have to do to keep the good life?

You just have to do as you are told. Trustees were appointed by your grandfather to handle the family's financial affairs. They in turn appointed successors. You know who they are. They will tell you what to do and when to do it.

Well, what exactly are we talking about here?

We are talking about following in my footsteps as a liberal Republican Senator from our state.

I don't understand. We are wealthy. Why would I be a stupid liberal?

Son, I was explaining it to you earlier. We have to rig the game. Let me give some examples:

Environmental Policy--We own a lot of undeveloped land out West. If developers are permitted to build houses in areas adjacent to ours the value of our land may stay the same, decrease or increase. If the government prohibits development in these areas our land becomes extremely valuable.

Drugs--We own companies that produce a variety of drugs to combat AIDS and other diseases. These drugs are very expensive and can't be afforded by most people who need or think they need them. We need the government to subsidize health care at home and give foreign aid abroad to create a market for our drugs.

Antitrust--Leave our companies alone, and prosecute the competition.

Son, do you get the idea yet?

Then this liberal stuff is just a racket for people like us?

You got it. We are the con men. The public is the suckers.

But won't I get caught? In my youger days I was known as a conservative. I opposed all these government policies and many more.

We own the media, son. They write what we tell them to write. If any reporter is in your face we will ridicule them as crazy or extremist and if they are local we will get them fired. If necessary we can do a lot more than that.


RINO Has A Guest


Son, I invited an old school friend of yours to help fill you in on how it works on the inside.

(Old friend enters. Handshakes and hugs.)

Dad, ___ is a leading conservative. Everybody know that. I don't understand.

Welcome to the real world, son. There are some big plans for ___. He will soon increase his conservative credentials by saving the Party in a critical election. Then we hope that he will follow in his father and brother's footsteps.

His brother? But, you would help elect a conservative?

___ will move to the center when it counts. That will be when he gets his new nickname.

And that new nickname will be?

45.
27 posted on 06/27/2002 6:44:02 PM PDT by cgbg
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