2016 Postmortem
Related: About this forumKING: Bernie Sanders’ entire net worth is half of what Hillary Clinton was paid for Goldman Sachs
speechesOn Monday, the Justice Department announced that Goldman Sachs had agreed to a $5 billion (thats $5,000,000,000) settlement for their fraudulent practices between 2005 2007. How much wrong does a company had to have done to settle on an amount that large?
In the wake of the settlement, Bernie Sanders has rightfully doubled down on calling for Hillary Clinton to release the transcripts from the glowing speeches she made to Goldman Sachs in which she was compensated $675,000.
When I commented on this earlier Tuesday on Twitter, a Hillary supporter said, as if the two things were equal, that shed release the transcripts when Bernie Sanders releases his tax returns. While I am sure the Clinton campaign would not make that deal, since they appear to be completely unwilling to release the transcripts, lets entertain this notion for a moment.
Bernies entire net worth, accumulated over his 74 years of life, is less than half of what Hillary Clinton made just in her speeches to Goldman Sachs. In 2013, Bernies net worth was estimated to be $330,000 making him among the least wealthy U.S. Senators in the country.
Combined, Bill and Hillary Clinton have made $153 million in speaking fees alone. In just 2013, Hillary received an astounding $9.68 million from her paid speeches.
In other words, Bernie Sanders would have to live 2,171 years to have the net worth of what Hillary made in 2013.
Were not even talking about apples and oranges here the disparity in their incomes warrants an altogether unique metaphor like, for instance, a bank and a nickel, or a factory and a worker.
(snip)
http://www.nydailynews.com/news/national/king-clinton-paid-double-sanders-net-worth-speeches-article-1.2598017
This is an excellent article.
GeorgiaPeanuts
(2,353 posts)BernieforPres2016
(3,017 posts)But that doesn't change the point of the article. Hillary supporters yapping about Bernie's tax returns like there might be something in them after the Clintons have sucked up $153 million in speaking and "consulting" income over the last 15 years is pretty rich.
Response to BernieforPres2016 (Reply #3)
Name removed Message auto-removed
madokie
(51,076 posts)but the last thing I read about Bernie and Jane's worth it was in the neighborhood of a few big ones less than 400,000, including home, cars and retirements
BernieforPres2016
(3,017 posts)The number I've seen most frequently recently is something over $700,000. As I said, for purposes of the point Shaun King is making, the difference between $330K and over $700K is not material.
Buzz Clik
(38,437 posts)geek tragedy
(68,868 posts)scscholar
(2,902 posts)All in it together
(275 posts)He made zero paid speeches to Wall Street.
basselope
(2,565 posts)Derp
noiretextatique
(27,275 posts)Even without the schedules should ease your mind.
geek tragedy
(68,868 posts)compared to the income?
noiretextatique
(27,275 posts)To Wall Street at 3x his total income?
imagine2015
(2,054 posts)Fumesucker
(45,851 posts)I don't blame her for cashing in though after being dragged into sniper fire by her mother, that was a traumatic experience I'm sure.
whopis01
(3,514 posts)Like your soul, dignity, and morality.
I am sure he could have made a killing if he sold those years ago.
geek tragedy
(68,868 posts)He's been earning at least $100K and currently earns $175K by himself, not counting his wife's income. They've been earning that for 25-30 years.
Plus they own at least 3-4 different pieces of real estate.
And he's only managed to save 3% of his lifetime earnings?
Nope.
Uncle Joe
(58,366 posts)from his book; "The Speech" and donated it all to charity.
Bernie grew up poor and has been poor for a large segment of his life, this has allowed him to relate on a personal level to so many average Americans.
geek tragedy
(68,868 posts)and earns that rental income.
Plus his wife is a high earning professional who was president of a college.
Plus several pieces of real estate.
He is famous for not donating to charity and even criticizing the existence of charities.
So, where did all that money go?
His home equity alone should be way above $300K by now, if he was paying mortgages on two homes.
reformist2
(9,841 posts)Uncle Joe
(58,366 posts)$5,000 dollars a year.
Sanders struggled with money for most of his life, which is likely why he relates so well with the have-nots and is a champion for the poor. When he was 23, he and his first wife, Deborah Sanders, lived in a property that was a maple sugar shack with a dirt floor, Politico reported.
(snip)
A meme began circulating in February, called the Bernie Sanders Loser Meme, that said he was a loser for having a low net worth and living off welfare for a time. But Snopes disputed the meme, pointing out that he worked hard even if he didnt have an official 9-to-5 job. In fact, Sanders spent most of his free time campaigning, working for what he was most passionate about helping the less fortunate, even to his own detriment.
(snip)
Most of Sanders income has, now and historically, come from his political jobs. When he was elected mayor in 1981, the salary of $33,800 was more than he had ever made, Politico reported. In 2014, his household took in more than $205,000, paying nearly $28,000 in taxes. Most of this is from his Senator salary of $174,000. He also receives a yearly pension of $5,000 from his time as Burlington mayor.
Some of his income comes from investment funds. Sanders also receives royalties from his book, The Speech, but he donates all of these to charity. In 2011 and 2012, he made $26,000 in royalties from his book and donated it all to charity.
http://heavy.com/news/2016/03/bernie-sanders-net-worth-money-raised-salary-income-debt-wife-welfare-president-meme-photos/
As I mentioned Bernie owns two homes, depending on when they were purchased, how they were financed and where they're located is what determines equity.
geek tragedy
(68,868 posts)So they earned $370K for 8 years (1%er territory). No savings?
After paying on a mortgage for decades, he should have substantial home equity.
Also, there's the retirement fund in her name that's worth around a half million bucks.
Uncle Joe
(58,366 posts)nice link.
His condominium in Vermont is only valued at $100,000 Bernie's net worth along with other members of Congress took a major hit from the 2007-2008 financial crisis.
What is Bernie Sanders Net Worth?
Bernie Sanders net worth: $528,014 (August 2015 average)
Bernie Sanders net worth estimate from May 2015: $440,511bernie sanders net worth facts
Out of 100 U.S. Senators, Bernie Sanders net worth is #86.
Bernie Sanders minimum possible net worth 2015: $222,026
Bernie Sanders maximum possible net worth 2015: $769,002
Bernie Sanders net worth vs Jeb Bush net worth: 40 times smaller.
Bernie Sanders net worth vs Carly Fiorina net worth: 112 times smaller.
Bernie Sanders net worth vs Hillary Clinton net worth: 47 times smaller.
Bernie Sanders net worth vs Bill & Hillary Clinton net worth combined: 230 times smaller.
Bernie Sanders net worth vs Donald Trump net worth: 10,795 times smaller.
Bernie Sanders net worth vs median U.S. household net worth: 7.8 times larger.
Bernie Sanders net worth vs Bill Gates net worth: 151,515 times smaller.
(snip)
http://moneynation.com/bernie-sanders-net-worth/
I'm curious as to why the Clintons, Bill being a former Governor of Arkansas and President for two terms were "dead broke" after he left office and before the great recession hit?
It's a funny concept making millions in speeches "doesn't connect you" to the people giving you vast sums of money?
geek tragedy
(68,868 posts)People have paid me in the past to do stuff, I do it for them, I get the money, connection over.
They paid her that money not to peddle influence but rather because of her celebrity status--she cashed in on her fame by serving as a headline draw for their conference/meeting/whatever.
It's unseemly, and it was rather insulting to the Democratic base to do them in advance of an election.
But, is it evidence of corruption? Is there something lurking in those transcripts? No and no.
imagine2015
(2,054 posts)Can you do that?
jillan
(39,451 posts)frylock
(34,825 posts)basselope
(2,565 posts)When the kids find Skinner's pay check showing he makes 50K per year and realize he has been a principal for 20 years and deduce he MUST be a millionaire.
Your calculations assume very few expenses.
Let's see.. there are 4 kids involved (3 from Jane's previous marriage and his son Levi). Did any of them go to college? If all 4 did, that's probably 500K of "net worth" gone right there.
They also now have grandkids. Wonder if they have put some money away for them?
I guess in your scenario no one in the family has ever had a major medical expense or needed help from the family.
Stop and think before you post next time!
IamMab
(1,359 posts)Armstead
(47,803 posts)senz
(11,945 posts)Fer gawd's sakes, whut else is thar in life, huh?
dsc
(52,162 posts)that is total, complete, and utter bull shit. His net worth, exclusive of the value of his houses is around 300k. Half of 675k is 337.5k. His two houses, combined, would have to be worth under 100k. And note, what he owes on those houses is included in his net worth figure from Congressional disclosure but the value of the houses is excluded. So if he owes 500k on a 1 million dollar house, his net worth shows the 500k debit but not the 1 million dollar asset.
Armstead
(47,803 posts)beam me up scottie
(57,349 posts)Uncle Joe
(58,366 posts)against it.
Whether one wishes to take a low or high end in Bernie's net worth 200,000-700,000 it's no comparison to the money made by Clinton's "top secret" speeches to corrupt financial institutions along with others.
840high
(17,196 posts)BeyondGeography
(39,374 posts)And the real estate is two vans down by the river.
Uncle Joe
(58,366 posts)before taking a mortgage owed against it into account.
BeyondGeography
(39,374 posts)Two people with six-figure incomes and apparently low overhead shouldn't be running up CC bills.
Bernie is his own worst enemy in this conversation, btw. He should do the tax release dump and be done with it. But I don't think he will.
Uncle Joe
(58,366 posts)after leaving the White House, and so they were forced to give "top secret" speeches to corrupt institutions which trashed our economy for over a 100 million dollars.
BeyondGeography
(39,374 posts)So is the continued dog-ate-my-homework routine on Bernie's taxes.
Uncle Joe
(58,366 posts)largely responsible for our trashing our economy is much more relevant than Bernie's taxes.
There is simply no comparison in regards to the potential impact on policies.
vintx
(1,748 posts)questionseverything
(9,656 posts)thanks for your concern
MFM008
(19,816 posts)She has money. They have a foundation. He is a double elected X president. Everyone makes speechs, everyone takes money if you are a politician. Sanders takes your money, HRC takes my money. Everyone expects something for their money.
Tired of hearing about it.
Uncle Joe
(58,366 posts)doesn't make "top secret" speeches to corrupt institutions for mega bucks, Bernie hasn't.
Jackie Wilson Said
(4,176 posts)if the estimates of his wealth are accurate.
I dont know if he consciously didnt invest or if he used all of his income each year living in two places as that is expensive.
I hope once he does release his tax returns everybody here who has questioned his honesty about this will apologize.
You can be sure the right wing wont.
anotherproletariat
(1,446 posts)If a man who has been in congress since 1990, married to a spouse who was president of a private college, cannot save an adequate amount of money to provide for a comfortable retirement, then he cannot manage money.
Uncle Joe
(58,366 posts)170 Economists Endorse Bernie Sanders Plan To Reform Wall St. And Rein In Greed
170 of the nations top economists have released a letter endorsing Democratic presidential candidate Bernie Sanderss plan to reform Wall Street.
A letter signed by 170 economists including former Labor Secretary Robert Reich, University of Texas Professor James K. Galbraith, Dean Baker, co-director of the Center for Economic and Policy Research in Washington, DC., Brad Miller, former U.S. Congressman from North Carolina, and William K. Black, University of Missouri-Kansas City endorsed the Sanders plan to reform Wall Street.
In our view, Sanders plan for comprehensive financial reform is critical for avoiding another too-big-to-fail financial crisis. The Senator is correct that the biggest banks must be broken up and that a new 21st Century Glass-Steagall Act, separating investment from commercial banking, must be enacted.
Wall Streets largest banks are now far bigger than they were before the crisis, and they still have every incentive to take excessive risks. No major Wall Street executive has been indicted for the fraudulent behavior that led up to the 2008 crash, and fines imposed on the banks have been only a fraction of the banks potential gains. In addition, the banks and their lobbyists have succeeded in watering down the Dodd-Frank reform legislation, and the financial institutions that pose the greatest risk to our economy have still not devised sufficient living wills for winding down their operations in the event of another crisis.
Secretary Hillary Clintons more modest proposals do not go far enough. They call for a bit more oversight and a few new charges on shadow banking activity, but they leave intact the titanic financial conglomerates that practice most shadow banking. As a result, her plan does not adequately reduce the serious risks our financial system poses to the American economy and to individual Americans. Given the size and political power of Wall Street, her proposals would only invite more dilution and finagle.
The only way to contain Wall Streets excesses is with reforms sufficiently bold and public they cant be watered down. Thats why we support Senator Sanderss plans for busting up the biggest banks and resurrecting a modernized version of Glass-Steagall.
(snip)
If the American people want to protect themselves from another economic collapse, it will take real reforms like those that are being proposed by Sen. Sanders.
170 economists agree that Bernie Sanders is the candidate who will hold Wall Street accountable.
http://www.politicususa.com/2016/01/14/170-economists-bernie-sanders-plan-reform-wall-st-rein-greed.html
I love the way you're handling all the noise here, Uncle Joe.
vintx
(1,748 posts)an agonizing case of cognitive dissonance.
beam me up scottie
(57,349 posts)anotherproletariat
(1,446 posts)they plan to live for another 20 years. And that is being conservative.
beam me up scottie
(57,349 posts)Neither Bernie nor the op said he didn't have enough saved for a comfortable retirement.
He can't compete with the Clintons and their multi-million dollar fortune but he and Jane will be fine.
anotherproletariat
(1,446 posts)beam me up scottie
(57,349 posts)Nice effort but totally transparent.
anotherproletariat
(1,446 posts)less than 340K does not manage money well. Period. I have no idea what you mean about the Strawman thing (is it a Wizard of Oz reference?), but it seems to make you feel better, so go for it.
beam me up scottie
(57,349 posts)And enough with the 'can't manage money well' talking point, all you have is speculation and it's starting to sound more and more like a dog whistle.
Response to anotherproletariat (Reply #55)
Vilis Veritas This message was self-deleted by its author.
eridani
(51,907 posts)Most Americans have less than $1,000 in savings
http://www.marketwatch.com/story/most-americans-have-less-than-1000-in-savings-2015-10-06
Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% dont even have a savings account, according to a new survey of more than 5,000 adults conducted this month by Google Consumer Survey for personal finance website GOBankingRates.com. Its worrisome that such a large percentage of Americans have so little set aside in a savings account, says Cameron Huddleston, a personal finance analyst for the site. They likely dont have cash reserves to cover an emergency and will have to rely on credit, friends and family, or even their retirement accounts to cover unexpected expenses.
This is supported by a similar survey of 1,000 adults carried out earlier this year by personal finance site Bankrate.com, which also found that 62% of Americans have no emergency savings for things such as a $1,000 emergency room visit or a $500 car repair. Faced with an emergency, they say they would raise the money by reducing spending elsewhere (26%), borrowing from family and/or friends (16%) or using credit cards (12%). And among those who had savings prior to 2008, 57% said theyd used some or all of their savings in the Great Recession, according to a U.S. Federal Reserve survey of over 4,000 adults released last year. Of course, paltry savings-account rates dont encourage people to save either.
In the latest survey, 29% said they have savings above $1,000 and, of those who do have money in their savings account, the most common balance is $10,000 or more (14%), followed by 5% of adults surveyed who have saved between $5,000 and just shy of $10,000; 10% say they have saved $1,000 to just shy of $5,000. Just 9% of people say they keep only enough money in their savings accounts to meet the minimum balance requirements and avoid fees. But minimum balance requirements can vary widely and be hard to meet for some consumers. They can vary anywhere between $300 a month and $1,500 a month at some major banks.
anotherproletariat
(1,446 posts)I'm not comparing him to the average person, since the Sanders are certainly more well off than most.
kiva
(4,373 posts)the richest presidential candidate should automatically win. No need to bother with political parties or elections, just give the office to the richest person who wants it
KelleyD
(277 posts)Maybe that is why he has such a low earning portfolio. The Clinton's worked and saved money after graduation from college working to earn their income. Could be that is the difference.
BreakfastClub
(765 posts)job of president, and which also contributes to his lack of money.
B Calm
(28,762 posts)the issues that effect us.
ecstatic
(32,710 posts)Trump supporters were into that average Joe stuff. I only have a bachelor's, but at some point in the near future, I hope to get a master's, at least. Meanwhile, Bernie had the means to go back to school but wasn't interested in learning more. That's telling. Maybe if he had gone to law school, his ideas would actually be legal and make more sense.
B Calm
(28,762 posts)ever known was my father. He spoke five languages fluently and during WW2 the highly educated officers were always turning to my dad. My father went to school for 7 years.
senz
(11,945 posts)From the OP:
seabeyond
(110,159 posts)against repugs that have lots of money. Fool us to want someone who can't get a big war chest.
Uncle Joe
(58,366 posts)I see no reason that trend won't continue should he face the Republicans in the general election.
Bernie would be most competitive in the G.E. his astonishing fund raising prowess especially for someone coming from such a small state against a strong entrenched political machine, serves him well not only from a fund raising point of view but as inoculation against Republican "anti-establishment" attacks whether it comes from Trump or Cruz.
seabeyond
(110,159 posts)from DC. But... Good to know, just in case. I still do not have an issue with Clinton raising money.
Uncle Joe
(58,366 posts)Northwest, Oregon, Washington and California.
As I mentioned above Bernie's small donations from the people inoculates him against Republican anti-establishment attacks and this why he polls better against them than Hillary.
seabeyond
(110,159 posts)Uncle Joe
(58,366 posts)Washington voters giving more to Bernie Sanders than all others combined
Washington state isnt just feeling the Bern. Were on fire with it. The total number of donations reflects how many people in our state were inspired enough by a candidate to send any amount of money.
http://www.seattletimes.com/seattle-news/politics/states-donors-hot-for-the-bern/
Where Did Bernie Sanders' Two Million Donations Come From?
Sanders' lack of concern with the golden state's rich and famous hasn't put much of a dent in his support statewide. California residents have contributed 23% of his campaign contributions, more than any other state (and significant, given that California comprises 12% of the U.S. population). Los Angeles area donors are his top contributors, followed by those in New York, Boston and San Francisco. The leading zip code for Sanders contributors is his hometown of Burlington, Vt., followed by Los Angeles and San Francisco.
http://www.thestreet.com/story/13403166/1/where-did-bernie-sanders-two-million-donations-come-from.html
seabeyond
(110,159 posts)Uncle Joe
(58,366 posts)I do not know where his money is coming from. FEC has called him out three times. 85% comes
from DC. But... Good to know, just in case. I still do not have an issue with Clinton raising money.
Seeinghope
(786 posts)Sitting on the board of director for a company that pays their employee's such low wages that many of them receive some type of aid. Hillary Clinton sat on the board of directors for Walmart fro 1986 to 1992 while Walmart was fight against unions.
Hillary Clinton get's money from the very people the suppress the middle class and the poor. How does Hillary Clinton represent those people and claim not to side with the people that giving money to her hand over fist? There is a direct conflict that is not logical. Nobody "owns" Bernie Sanders. He won't have favours to pay. If Hillary Clinton is so "pro middle class, the poor...even upper middle class why not just show us the transcripts from her speeches to those 20 contributors?" Why as Secretary of State did the Clinton Foundation receive all of these foreign countries that added up for hundreds of millions of dollars while those same countries received contracts for arms from the U.S. Getting money from unethical activity doesn't make for great leadership qualities. Who exactly is she serving? Her personal wealth or the people. It is very obvious who Bernie Sanders is working for.
For people of faith, the person who died on the cross did not spend his time on earth accumulating personal wealth while living in the palaces, eating with the wealthy and travel with the Kings. That person spent his time on earth helping and teaching, living in poverty. According to Hillary Clinton supporters this person would not be a person qualified to really believe in or follow.
It is a difference of values and ethics.
seabeyond
(110,159 posts)Seeinghope
(786 posts)Seeinghope
(786 posts)She sat on the sidelines when it came to fighting for higher wages, unions and women's rights. She focused on ecology.
http://www.nytimes.com/2007/05/20/us/politics/20walmart.html?_r=0
Marr
(20,317 posts)It's almost too absurd to address.
seabeyond
(110,159 posts)Last edited Wed Apr 13, 2016, 02:20 PM - Edit history (1)
DesertFlower
(11,649 posts)have to do with anything? take the kennedy's for instance -- they were wealthy and almost all of them devoted their lives to public service.
Uncle Joe
(58,366 posts)is arguing that point here.
How that money is raised and to what degree it affects policy proposals and the historical record are most assuredly relevant.
DesertFlower
(11,649 posts)were not crooks, but their dad was. remember he made some kind of deal with sinatra to get "mob" (?) votes.
i should have known you're a bernie supporter.
Uncle Joe
(58,366 posts)I am a Bernie supporter, is that bad?
DesertFlower
(11,649 posts)anymore hillary bashing.
Uncle Joe
(58,366 posts)If anything Bernie has pulled his punches in regards to Hillary, whereas a Republican opponent will not.
DesertFlower
(11,649 posts)her share of criticism. it started in the early '90s when bill ran. the repubs bashed her and are still bashing her and i think some of the bernie supporters have joined them.
she's not perfect -- but enough is enough.
Uncle Joe
(58,366 posts)cases; Bill and Hillary much if not most of their political ailments have come from self-inflicted wounds.
In politics there is no "enough" in regards to criticism whether it comes in a primary, general election or if successful after being elected.
Political criticism is eternal but don't make the mistake of assuming sincere Bernie supporters are doing it with the same ideals or motivations as Republicans.
I sincerely believe Bernie could be one of our greatest Presidents; a truly transformation-al political leader, something that is long overdue since the days of Reagan.
840high
(17,196 posts)she brought on herself by her behavior? That includes Bill, too.
senz
(11,945 posts)treestar
(82,383 posts)then what difference does it make?
Uncle Joe
(58,366 posts)That sounds like what you are promoting.
BreakfastClub
(765 posts)Uncle Joe
(58,366 posts)JTFrog
(14,274 posts)Do you know where FDR's first job was? Do you know about his connections to Wall Street? Do you realize that in his day he recieved all kinds of criticism calling him a "corporate socialist" and a war hawk?
Do any of these things sound familiar to you?
Uncle Joe
(58,366 posts)to the most vulnerable.
I know he took on the vested powers and wealthy interests of the day, successfully multiple times.
AzDar
(14,023 posts)They need to exit... stage right (of course).
Uncle Joe
(58,366 posts)Peace to you, AzDar.
mythology
(9,527 posts)Isn't his 15 minutes of fame over with? How many different times does the money he raises in the name of this or that cause have to not seemed to make it to the intended purposes before people stop taking him seriously?
He's a scam artist who insists on calling pretty much everybody who disagrees with him a white supremacist.
Uncle Joe
(58,366 posts)Segami
(14,923 posts)senz
(11,945 posts)Bernie Sanders net worth is shown by the blue bars at the bottom.
The yellow line represents the average net worth of the U.S. senate.
Image source: Center for Responsive Politics
http://moneynation.com/bernie-sanders-net-worth/
And lest any rightwing-flavored Bernie critic attacks him for not getting rich on his income, most senators are now millionaires.
https://ballotpedia.org/Net_worth_of_United_States_Senators_and_Representatives
Uncle Joe
(58,366 posts)senz
(11,945 posts)Some of the responses remind me that these days the Democratic Party (or maybe just DU) contains outlooks and value sets one didn't used to associate with Democrats -- or at least liberals and progressives.
The last link in my comment contains lists of richest and poorest legislators a few years ago. I found myself liking and admiring the poorer ones especially.
It's nice to have you back and making OPs again.
Uncle Joe
(58,366 posts)WASHINGTON, Oct. 25 Paul Wellstone often seemed out of step. He called himself a liberal when many used that word as a slur. He voted against the Persian Gulf war in his first year in the Senate, and this month opposed using force against Iraq.
Senator Wellstone, 58, who died in a plane crash today while campaigning for re-election, fought for bills favored by unions and advocates of family farmers and the poor, and against those favored by banks, agribusiness and large corporations.
This year he was the principal opponent of legislation supported by large majorities of Democrats and Republicans that would make it more difficult for people to declare bankruptcy. He argued that the measure would enrich creditors at the expense of people ''in brutal economic circumstances.'' He advocated causes like national health insurance that even many of his fellow liberals abandoned as futile.
Mr. Wellstone was a rumpled, unfailingly modest man who, unlike many of his colleagues, lived on his Senate salary. He was married to the former Sheila Ison for 39 years, having married at 19 when he was in college. His wife and their 33-year-old daughter, Marcia, also died today in the crash.
(snip)
He was more interested in leading his students in protests than he was in publishing in academic journals, and he was often at odds with his colleagues and Carleton administrators. He fought the college's investments in companies doing business in South Africa, battled local banks that foreclosed on farms, picketed with strikers at a meat-packing plant and taught classes off campus rather than cross a picket line when Carleton's custodians were on strike.
In 1974, the college told him his contract would not be renewed. But with strong support from students, the student newspaper and local activists, he appealed the dismissal, and it was reversed.
(snip)
Mr. Boschwitz spent $7 million on his campaign, seven times Mr. Wellstone's budget. To counteract the Boschwitz attacks, Mr. Wellstone ran witty, even endearing television commercials produced without charge by a group led by a former student. In one ad, the video and audio were speeded up, and Mr. Wellstone said he had to talk fast because ''I don't have $6 million to spend.''
Mr. Wellstone toured the state in a battered green school bus, and in the end, he won 50.4 percent of the vote and was the only challenger in 1990 to defeat an incumbent senator.
(snip)
http://www.nytimes.com/2002/10/26/us/a-death-in-the-senate-the-senator-paul-wellstone-58-icon-of-liberalism-in-senate.html?pagewanted=all
Thanks for the kind words, senz, peace to you.
uponit7771
(90,347 posts)Uncle Joe
(58,366 posts)fossil fuel industry and so forth may have actually warranted giving Hillary a million or more per speech versus the pittance of 250,000.
Goldman Sachs just shelled out five billion dollars without breaking a sweat for fraudulent practices, of course no one in their upper food chain will spend any time in prison for it, that's reserved for the common folk.
As for the American People; we will never know whether Hillary was underpaid or overpaid because those are "top secret" speeches affecting major industries which dominate the government.
senz
(11,945 posts)Jitter65
(3,089 posts)senz
(11,945 posts)Uncle Joe
(58,366 posts)ecstatic
(32,710 posts)"making him among the least wealthy U.S. Senators in the country"
Until recently, he's never been particularly ambitious. Is that a good thing? ymmv
Uncle Joe
(58,366 posts)political leaders working for a more fair, just society and changing the world for the better is their guiding star.
Bluenorthwest
(45,319 posts)In the House, a couple of dozen members have negative net worth, more debts than assets. Sen. Martin Heinrich of NM is about 3/4 of a million underwater....
http://media.cq.com/50Richest/
Uncle Joe
(58,366 posts)Peace to you.
Octafish
(55,745 posts)To wit:
Warren Buffett: He made $12.7 billion this year or ~$37 million per day; ~$1.54 million per hour; or ~$25,694 per minute.
Bill Gates: He earned $11.5 billion this year which works out to be ~$33.3 million per day; $1.38 million per hour; or ~$23,148 per minute.
Sheldon Adelson: The casino mogul earned $11.4 billion this year which means he made ~$33 million per day; ~$1.38 million per hour; or $22,946 per minute.
Jeff Bezos: He made $11.3 billion this year or ~$32.7 million per day; $1.36 million per hour; or ~$22,745 per minute.
Mark Zuckerberg: The Facebook founder made $10.5 billion this year or ~$30.4 million per day; ~$1.27 million per hour; or ~$21,135 per minute.
Masayoshi Son: He made $10.3 billion this year or ~$29.86 billion per day; ~$1.24 million per hour; or $20,732 per minute.
Sergey Brin: He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.
Larry Page: He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.
Lu Chee Woo: He brought in $8.3 billion this year or ~$24 million per day; ~$1 million per hour; or ~$16,706 per minute.
Carl Icahn: The billionaire investor made $7.2 billion this year, which works out to be ~$20.87 million/day; ~$869,565/hour; or ~$14,492/minute.
SOURCE: http://www.businessinsider.com/what-warren-buffett-makes-per-hour-2013-12
So, a billionaire makes about as much as the average schmuck working three part-time, minimum wage jobs for a year, per minute. Then, they move it offshore.
Uncle Joe
(58,366 posts)to a dysfunctional world too enmeshed in rigor mortis to the point of preventing us from adapting or evolving to a rapidly changing environment.
treestar
(82,383 posts)Uncle Joe
(58,366 posts)treestar
(82,383 posts)Are you not attempting to paint Bernie as a better candidate and more of the people because he has not earned as much money as Hillary has? And trying to imply Hillary's earnings mean she is automatically corrupt?
I mean geez, Bernie can't seem to win on his policy positions, so the have to try these other things?
Uncle Joe
(58,366 posts)which affect the vast majority of Americans specifically and the world in general.
As for Hillary "you can't serve two masters," the system which has so greatly skewed our society to the point of being highly dysfunctional and unjust has laden her with lucre for "top secret" speeches.
The problem isn't the Clinton's wealth it's how they obtained it and to what degree this has affected their stance on the issues and policy positions.
From all observable evidence and history, Hillary is compromised.
SocialLibFiscalCon
(92 posts)Get help
vintx
(1,748 posts)A factory and a worker indeed.