Posted on 12/28/2011 1:52:19 PM PST by Libloather
Members of Congress' Net Worth Rose 25 Percent Despite Economy
By Amanda Winkler | Christian Post Reporter
Wed, Dec. 28 2011 11:36 AM EDT
Financial reports from congressional members have recently revealed that members of Congress are more similar to the wealthy one percent than they are to the 99 percent that the Occupy Wall Street movement represents.
National Public Radio reported back in November that Congress net-worth had risen 25 percent over the past two years despite the recession of 2008. Compared that to the 8 percent drop the average Americans net worth saw over the past 6 years, according to ABC News, and it is easy to see why average citizens are outraged over the cultural gap between them and the politicians they elect to represent their communities.
The New York Times reports that the median net worth of members of Congress is about $913,000 compared to the $100,000 for the general population.
(Excerpt) Read more at christianpost.com ...
Has anyone heard how she got there? Private jet leased from GM perhaps?
The TRUE 1%’ers. I saw a report on this the other night, of course, the biased news used more Republican examples than Democrat.
Good, seeing as how they’re doing so well, they can foot the bill for running the federal government next year. They’re doing such a wonderful job of spending us into a hole in the ground, maybe they should forfeit their income to the coffers while serving in congress.
Talk about Peter Principle....sheesh.
Hussein is on taxpayer funded binges to Hawaii, his wife to Spain, etc. And the media didn't focus on these wastes of our dollars....but now, with a Republican House and an unsuccessful, miserable FAILURE of an Oval Office occupant, we get the class warfare card.
How about focusing on how Hussein's policies over the last three years have FAILED to help the average American?!
My disdain for the media is now even greater...and that is hard to believe.
ELECTRONIC OBAMA’VILLE:
1. Extreme Coupon’ing shows
2. Pawn Shop shows
3. Storage Unit shows
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