Idaho’s newest senator is one of the nation’s richest senators. Republican Jim Risch is listed as the eighth wealthiest senator with a net worth estimated between $19.9 million to $92.8 million, according to a new report from the Center for Responsive Politics. Virginia Democratic freshman Sen. Mark Warner, a telecom investor, is the richest of the freshmen, with assets somewhere between $60.6 milllion and $415.1 million/Cynthia Sewell, Idaho Statesman. More here.
Question: Would you prefer your U.S. senator and representative to be rich or of modest means?
Escapee on February 03 at 10:04 p.m.
Is there any correlation between how long a Senator has served and how wealthy he/she is? The long-time politicos are trying to hang on to their money, while the poor ones are hoping they get elected, re-elected and then elected again in order to keep the money flowing. On another note, right now I’m watching the re-run of ‘Hardball’ and it sounds like Chris Mathews is almost ready to devour Obama because the new administration’s policies aren’t quite working out as planned. I mean, after all, Obama’s been President all of 2 weeks now. Ah, but in America, we Want Everything Now. We need a President who has Achieved Maximum Efficiency in less time than it takes to Pop a Bag of Microwave Popcorn. Yep, the writing’s on the wall for the Obama Administration.
/above posting is my facetious attempt at some kind of satire…
Transplanted_Texan on February 04 at 7:33 a.m.
“Is there any correlation between how long a Senator has served and how wealthy he/she is?”
I would doubt it. There’s really no way to make gobs of money whilest in Congress unless you’re corrupt - you’ve got your cushy salary, maybe some book deals, but that’s about it. Biden was the 6th most senior senator but I believe the second “poorest.” That’s why folks Trent Lott retired halfway through a term and go lobby, where the big bucks are.