Replies

It's funny but unfair of course. Kerry never pretended he was not rich, or that his wife has not mega rich. America has a long tradition of electing rich "liberals." We had Jefferson, Madison, Teddy Roosevelt, Franklin Roosevelt, JFK, and LBJ. Carter was modestly rich. Indeed these days, few politicians in high office are not either rich (5 plus million net worth), or modestly rich (over 1 million net worth).

By the way, a professor from Georgia state university was on NPR about his recent study tracking the individual stock trades of senators. Amazingly, they do ever better than corporate insiders as a group with stock trades. They seem to be trading on insider information big time. As a general rule, when they buy stocks, they generally take off almost immediately, and when they sell, the stocks flatten out. Their annualized return is 12% higher than the market as a whole, which frankly isn't statistically possible for such a "large" sample, without the dice being loaded. Ain't that special? Time to get AG Spitzer on the case.

It's funny but unfair of course

Totally disagree. Every other word out of Kerry and Kerry's surrogates switches between, Enron, Big Business and evil rich people.

This ad is right on point and will be effective with my blue collar compadres.

But that's OK, I still like ya.

As for the senators, it's no surprise to me. They go to Washington with X net worth and return home after Y years with 1000X net worth.

Put all the insider traders in a cell with Martha Stewart as far as I'm concerned.