[Lazlo in PA]

"You've got people who are paid $1 million a year to work 3,000 hours just to figure out ways to transfer money from older generations to younger generations, and Romney has the money to hire the best of the best," said Bergman.

Good for Milt. I would do the same thing if I were him. This money has already been taxed once or twice already. This article is dripping in class warfare BS. Big surprise it is from CNN.

[RC one]

and some day, one of them will run for POTUS and tell us that he earned his money working in the private sector just like his dad.

[beandog]

Good for them.

[wac3rd]

I wonder how much the Soros kids, Kerry kids, Pelosi kids or Kennedy kids have?

Oh, they’re Dems, we don’t speak of them.

[TPOOH]

"Mit's got tons of money...."

So what?

[luvbach1]

Proving “it takes money to make money [or it makes it easier]”

[NativeNewYorker]

Per child, that’s just “rounding up” money to Obama’s big backers.

[goodnesswins]

I suggest we all email the article writer and ask to see his analysis of the Kennedy, Kerry, Soros, Buffett children’s wealth.....

blake.ellis@turner.com

[Night Hides Not]

If asked by my liberal friends about this, even though I'm not a Romney supporter, my reply will be simple:

1. Was this done illegally? After hemming and hawing and obfuscating, etc., the answer will be "no".

2. Then STFU.

[USNBandit]

CNN thinks the news is that Romney's kids have a $100 million in a trust fund.

I think the real news is this

To get to $100 million, the account would have needed a 26% average annual compound rate of return,

That is pretty impressive. I know it takes money to make money, but that is still amazing.

[silverleaf]

SO what??????

[Iron Munro]

What is this B.S.?

Still trying to promote class envy?

Money made legally.
Taxes paid.
Good for them.

[Noob1999]

..........................To get to $100 million, the account would have needed a 26% average annual compound rate of return, said Jonathan Bergman, chief investment officer at Palisades Hudson Asset Management. Stocks over that same time have gained about 10%...................

And that is a problem, why??

I guess if you’re willing to spend $1 million a year on investment advise, wou’d best beat the market big time, otherwise, as Mitt says, “you’re fired!”