It’s amazing. People like Nancy Pelosi, who has been in one political job or another since Carter’s term, with the highest pay being as Speaker of the House at less than $200k/yr (taxable), but AMAZINGLY she’s worth ~$240 million. (She LOOKS that old, but I’m gonna need receipts.)
Bernie Sanders, an avowed socialist, who got his start as a legislator while sleeping on someone else’s couch, has a net worth between $3-15 million, plus several properties. (“Best-selling books”, like Hillary’s? “Investments”? Yeah, nothing shady there.)
Barack Obama, who was a part-time teacher’s assistant at a part-time college, elected to the Illinois Legislature, then the US Senate, then President. Max income of $400k/yr as President, and entered office with ~$1.3 million, yet has a current net worth of $70 million with multiple properties, including a Georgetown townhouse, a Martha’s Vineyard beachfront estate, and a place in Hawaii.
But the all-time star? Bill Clinton, who jumped from a combined net worth of $1.3 million when he entered office, to more than $120 million by the time he left, only to top out at ~$250 million after his wife’s “book deals” and “speaking fees”.
Trump, OTOH, never took a penny of salary while in his first term, almost certainly intends to do the same this time around (he has yet to receive his first check), and has a personal property worth more than the White House. He has no need or ability to be bribed or extorted. Same with Elon Musk, which is why Dems are running scared.
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It’s amazing. People like Nancy Pelosi, who has been in one political job or another since Carter’s term, with the highest pay being as Speaker of the House at less than $200k/yr (taxable), but AMAZINGLY she’s worth ~$240 million. (She LOOKS that old, but I’m gonna need receipts.)
Bernie Sanders, an avowed socialist, who got his start as a legislator while sleeping on someone else’s couch, has a net worth between $3-15 million, plus several properties. (“Best-selling books”, like Hillary’s? “Investments”? Yeah, nothing shady there.)
Barack Obama, who was a part-time teacher’s assistant at a part-time college, elected to the Illinois Legislature, then the US Senate, then President. Max income of $400k/yr as President, and entered office with ~$1.3 million, yet has a current net worth of $70 million with multiple properties, including a Georgetown townhouse, a Martha’s Vineyard beachfront estate, and a place in Hawaii.
But the all-time star? Bill Clinton, who jumped from a combined net worth of $1.3 million when he entered office, to more than $120 million by the time he left, only to top out at ~$250 million after his wife’s “book deals” and “speaking fees”.
Trump, OTOH, never took a penny of salary while in his first term, almost certainly intends to do the same this time around (he has yet to receive his first check), and has a personal property worth more than the White House. He has no need or ability to be bribed or extorted. Same with Elon Musk, which is why Dems are running scared.
Political Entrepreneurs.
Don’t forget Elizabeth Warren, btw.