Posted on 04/14/2016 8:05:18 AM PDT by rktman
Democratic presidential hopeful Bernie Sanders rails against the billionaire class and has called income inequality the greatest moral issue of our time, but the senator from Vermont is not exactly a man of modest means, according to an article written by Kerri Anne Renzulli for the TIME magazine website.
However, nothing about Bernies net worth devalues his progressive beliefs, stated Peter Daou, a former adviser to Hillary Clinton who responded on the Blue Nation Review website to reports that Sanders and his wife, Jane, could retire with an effective retirement nest egg valued at nearly $2 million.
(Excerpt) Read more at newsbusters.org ...
Is anybody really surprised at this??
Every retirement advisor in America says you need to retire with a nest egg of at least $1 mil. or you’re SCROOOOOD.
Compared with Hillary’s $300 billion nest egg I am sure this does not concern Dems.
Shhhhhh. Don’t let the moronialls find out that their zero is lyin’ to them.
must be nice... never work a day in your life, retire with $2million from the taxpayer
Nice if you can get it
Rus, I hope you are planning to run for office again!!!!!!
Move here to Elma- you’d be a clear winner (GOP district!)
Guess I’m scroood. If they mean a million in debt, I might be close. LOL!
Find a socialist prog in the world who actually lives on the level of his subjects.
Pretty good for someone who didn’t enter the workplace until he was forty. Maybe the loot came from his wife- she was involved in some financial scandal at a college but I don’t remember the details.
One of the most amazing features of American political life is the fact a politician is elected to an office paying a salary of about $150,000 per year and leaves office a multimillionaire. Then they wonder why we are learning to hate them.
LOL! Used to be “work hard, make something of your life and you can succeed”. Now, just get (s)elected to a high office and coast your entire life.
Back around 1997, Bernie told his fellow travelers he didn’t think people needed to make more than 50,000 per year. That was plenty.
Not so sure the use of the word “workplace” is applicable in this case. :>)
Even assuming he spends all his congressional salary and saves his outside income with zero investment return, that is only $80K per year in outside income.
Hillary won't even do a single speech for that type of chicken feed.
So, yes, Bernie is a POS, but a net worth like this is very common for anyone who has been in congress less than 1/3rd the time of Bernie.
$2 Million net worth for a couple close to retirement age is hardly “elite”
Say what you will but there is a network of elites who buy the government, media and law in this country.
Not saying Bernie isn’t owned by them too
$2 mil is not a huge amount to retire on. I’m imagining that a good chunk is equity on his homes. Given average returns on investments these days, that will barely maintain a middle-class standard of living.
Seriously. I almost have to laugh when they start telling us that. But they all do.
How does a man who was either a bum or a government employee most of his adult life manage to acquire that much money?
That’s modest for a U.S. Senator after decades in office.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.