The Richest Politicians In Congress

Michael-Linda-McCaulRoll Call has crunched the financial data to figure out the wealthiest members of Congress and compiled a list the top 50. Ol’ mule John Kerry comes in third, followed by California representative Darrell Issa. The number one spot is held by Texas congressman Michael McCaul, who possesses about $300 million in assets, largely a result of his marriage to the daughter of Lowry Mays, the CEO and founder of the Clear Channel empire.

Looking at the entire list, the common theme, if any, is real estate investment and family money. Very few of the richest appear to have made their fortune from any activity that most people would consider a contribution to society — the most admirable is probably Issa, who founded an electronics company that manufactures car alarms. The surest conclusion to be drawn is that the estate tax will not be boosted anytime soon.

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  • DeepCough

    This list should also be titled, “People You Should Not Vote For.”

  • DeepCough

    This list should also be titled, “People You Should Not Vote For.”

  • Anarchy Pony

    Wow, car alarms, what a philanthropist.

  • Wanooski

    Wow, car alarms, what a philanthropist.

  • 百鬼

    “A 2004 study revealed that US Senators’ stock trades performed 12.3% better than the market average.”
    Members of Congress are EXEMPT from insider trading laws.

    http://insidertrading.procon.org/

  • 百鬼

    “A 2004 study revealed that US Senators’ stock trades performed 12.3% better than the market average.”
    Members of Congress are EXEMPT from insider trading laws.

    http://insidertrading.procon.org/

  • http://www.facebook.com/people/Tony-Gates/1678707309 Tony Gates

    Again, the landed gentry rule (no pun intended)…just as they did over 200 years ago. Only the suits and titles have been changed. The politics remains the same…what law can I have enacted to better suit myself and my fellow rich today? The poor? Hah, couldn’t be bothered with them…have a party to throw tonight, say what!

  • http://www.facebook.com/people/Tony-Gates/1678707309 Tony Gates

    Again, the landed gentry rule (no pun intended)…just as they did over 200 years ago. Only the suits and titles have been changed. The politics remains the same…what law can I have enacted to better suit myself and my fellow rich today? The poor? Hah, couldn’t be bothered with them…have a party to throw tonight, say what!

  • http://www.facebook.com/people/Tony-Gates/1678707309 Tony Gates

    Again, the landed gentry rule (no pun intended)…just as they did over 200 years ago. Only the suits and titles have been changed. The politics remains the same…what law can I have enacted to better suit myself and my fellow rich today? The poor? Hah, couldn’t be bothered with them…have a party to throw tonight, say what!

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