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Presidential Candidate Incomes
01-07-2008, 06:24 PM
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#1
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Recycles dryer sheets
Join Date: Sep 2006
Posts: 372
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Presidential Candidate Incomes
Hard to believe they are looking out for the little guy when they have:
Clinton - 2006 Income = $12.1 M / Net Worth of $34.9 M
Edwards - 2006 Income = $3.7 M / Net Worth of $54.7 M
Giuliani - 2006 Income = $17 M / Net Worth of $52.3 M
McCain - 2006 Income = $3.9 M / Net Worth of $40.4M
Obama - 2006 Income = $991K / Net Worth of $1.3M (and this small potato wants to be my pres!)
Romney - 2006 Income = $37.6 M / Net Worth of $202M (wonder what it will be after he drops out?)
(Also that's a SWR of $8M)
Thompson - 2006 Income = $9.4 M / Net Worth of $8.3M (how much did he spend last year?)
With all that wealth - why put yourself through hell? The lust for power is a funny thing!
All figures courtesy of the 1/08 edition of Money Magazine - the paper version. Couldn't find the electronic version or would have provided the link.
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01-07-2008, 06:34 PM
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#2
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Recycles dryer sheets
Join Date: Jan 2007
Posts: 284
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Note that the common thread running through their incomes is either law or banking.
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01-07-2008, 06:53 PM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 12,623
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And net worth of the spouse isn't specified...........
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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01-07-2008, 07:56 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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Quote:
Originally Posted by Arc
... Obama - 2006 Income = $991K / Net Worth of $1.3M (and this small potato wants to be my pres!)...
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He doesn't need money when he can tap Oprah for unlimited wealth. I'm sure he'll also make millions on more book deals like everyone else. Oprah will love his book even before he writes it.
Wouldn't it be really funny if he also tapped Oprah to be his running mate? Either way, if he wins, she'll be the only person in the country with her own president.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
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01-07-2008, 10:35 PM
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#5
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,525
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Quote:
Originally Posted by Arc
Couldn't find the electronic version or would have provided the link.
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I found several of them here: 2006 Financial Disclosure Reports | Congress votes database | washingtonpost.com
Interesting...
BTW, the membership will be pleased to know that Obama is a Vanguard guy...his top investment may be....psssst Wellesley
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01-08-2008, 03:59 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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I guess we can see that public service brings wealth!
Successful people make money... or is it that money makes successful people?
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01-08-2008, 07:03 AM
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#7
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Full time employment: Posting here.
Join Date: Dec 2006
Location: Florida
Posts: 854
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I don't think they pursue this "j*b" for the pay.
__________________
I would not have anyone adopt my mode of living...but I would have each one be very careful to find out and pursue his own way, and not his father's or his mother's or his neighbor's instead. Thoreau, Walden
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01-08-2008, 08:10 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 4,728
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Maybe not but the $200,000 for life presidential pension is not too bad.
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01-08-2008, 08:20 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Nov 2006
Location: Bossier City
Posts: 2,183
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Quote:
Originally Posted by aaronc879
Maybe not but the $200,000 for life presidential pension is not too bad.
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Not too shabby for four years work!
__________________
“Change is the law of life. And those who look only to the past or present are certain to miss the future.”
-John F. Kennedy
“Hard work never killed anybody, but why take a chance?” - Edgar Bergen
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01-08-2008, 08:25 PM
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#10
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Thinks s/he gets paid by the post
Join Date: May 2006
Location: Orlando
Posts: 2,498
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How did McCain get so wealthy?
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01-08-2008, 10:12 PM
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#11
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,525
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Quote:
Originally Posted by Buckeye
How did McCain get so wealthy?
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pssst....beer
"In 1955, James Hensley opened his business with 15 workers in a small brick building downtown. The company sold 73,000 cases of Anheuser-Busch beer and held a 6 percent market share during its first year of business. Today, it counts more than 650 employees, sells nearly 23 million cases annually and racks up annual sales of about $340 million with about a 60 percent market share. The Phoenix wholesale beer distributorship was inherited by Cindy McCain, wife of Republican presidential contender Sen. John McCain, is frequently mentioned in media accounts about the couple...The couple's four children own 23 percent of the company through trusts. [also reported as part of McCain's net worth while they are dependants]"
Here's an analysis: McCain's wife controls family's riches - MSN Money
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01-09-2008, 08:50 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Proof positive that you can't become President unless you are wealthy..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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01-09-2008, 08:55 AM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Quote:
Originally Posted by FinanceDude
Proof positive that you can't become President unless you are wealthy..........
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I would disagree - Obama has done really well given his "meager" net worth.
At least he's a vanguard guy - I might just give him my vote after all!
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01-09-2008, 09:10 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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Quote:
Originally Posted by FinanceDude
Proof positive that you can't become President unless you are wealthy..........
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Or you are propped up by someone wealthy.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
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01-10-2008, 05:01 PM
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#15
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Confused about dryer sheets
Join Date: Jan 2008
Posts: 8
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I havent seen these figures anywhere else. Thanks Arc. Flabbergasted.
__________________
“There are 2 kinds of people:the ones who need to be told & the ones who figure it out by themselves.”-Clancy
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01-11-2008, 11:25 AM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by retire@40
Or you are propped up by someone wealthy.
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So, you read info on McCain too
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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