The 50 Richest members of Congress

[Rockntractor]

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6547431

tinrobot (1000+ posts) Mon Sep-14-09 04:28 PM
Original message
The 50 Richest members of Congress
Even membership in Congress’ most exclusive club couldn’t insulate lawmakers from the economic downturn.

According to Roll Call’s annual examination of House and Senate financial disclosure forms, while the 50 richest Members of Congress remain financially flush — each with a minimum net worth of nearly $5.5 million — many of them suffered significant financial losses in 2008.

Lawmakers on this year’s list reported a combined loss of more than $275 million from their minimum net worth since 2007. While the combined wealth of the 50 richest Members tallied approximately $1.3 billion in 2008, that figure falls nearly $171 million short of the previous club, which put up a total of almost $1.5 billion.

Among the 38 lawmakers who return to the 50 richest club in 2008, the average reported wealth has declined more than 10 percent. Those who ranked at or near the top of the list last year reported some of the biggest losses, including Rep. Jane Harman’s (D-Calif.) decline of more than 50 percent, or $114 million less than she previously reported.

Here are the Top 10 in 2008 minimum net worth:
1. Sen. John Kerry, D-Mass., $167M
2. Rep. Darrel Issa, R-Calif., $164M
3. Rep. Jane Harman, D-Calif., $112M
4. Sen. Jay Rockefeller, D-W.Va., $85M
5. Sen. Mark Warner, D-Va., $72M
6. Rep. Jared Polis, D-Colo., $71M
7. Rep. Vern Buchanan, R-Fla., $49M
8. Sen. Frank Lautenberg, D-N.J., $48M
9. Sen. Dianne Feinstein, D-Calif., $42M
10. Rep. Harry Teague, D-N.M., $40M

http://www.rollcall.com/features/Guide-to-Congress_2009...

Full list here : http://innovation.cqpolitics.com/cq-rollcall/richest_me...

Interesting how 8 of the top 10 are Democrats.

hamsterjill (1000+ posts) Mon Sep-14-09 04:31 PM
Response to Original message
1. I found that interesting, as well.
I'm surprised there are not more Republicans on the list.

Perhaps they have better means of hiding their income.
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Walk away (330 posts) Mon Sep-14-09 04:35 PM
Response to Reply #1
2. Or just a better reason to sell themselves to the highest bidder. n/t

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tinrobot (1000+ posts) Mon Sep-14-09 04:40 PM
Response to Reply #2
4. That's what I surmise...
It's not as easy to buy off people who don't need the money.
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KathieG (1000+ posts) Mon Sep-14-09 04:44 PM
Response to Reply #4
5. Bingo.

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Oh my! This is an awkward moment!

[SarasotaRepub]

LOL!!! :D



8. Sen. Frank Lautenberg, D-N.J., $48M


I hope this POS is ready to give all his money to the gubmint
when he passes. He is such a staunch supporter of the Death Tax
after all. Somehow...I bet it won't happen. :rolleyes::D

[NJCardFan]

LOL!!! :D



I hope this POS is ready to give all his money to the gubmint
when he passes. He is such a staunch supporter of the Death Tax
after all. Somehow...I bet it won't happen. :rolleyes::D
The fact that he's in office is bogus. But thanks to the liberal NJ court system he was allowed to run.

[AmPat]

hamsterjill (1000+ posts) Mon Sep-14-09 04:31 PM
Response to Original message
1. I found that interesting, as well.
I'm surprised there are not more Republicans on the list. Because all my sources tell me so.


Perhaps they have better means of hiding their income. Perhaps it is because DIMS are richer than Republicans?

Walk away (330 posts) Mon Sep-14-09 04:35 PM
Response to Reply #1
2. Or just a better reason to sell themselves to the highest bidder. n/tWhat in the cat hair does this moron mean?


tinrobot (1000+ posts) Mon Sep-14-09 04:40 PM
Response to Reply #2
4. That's what I surmise...
It's not as easy to buy off people who don't need the money.



KathieG (1000+ posts) Mon Sep-14-09 04:44 PM
Response to Reply #4
5. Bingo.Or maybe DIMS have more money than Republicans?

[NJCardFan]

This is great isn't it Pat?

[AmPat]

This is great isn't it Pat?

Every survey like this I see has DIMS richer than Republicans. How they continue to label GOP as big business fat cats and get away with it is beyond understanding.

[Lars1701a]

The fact that he's in office is bogus. But thanks to the liberal NJ court system he was allowed to run.

Oh boy I loved how the fucked over the Republicans in NJ..... /sarcasm off

[PoliCon]

I always laugh when people say that the GOP is the party of the rich.