Our Oligarchical Congresscritters Are WAY Richer Than You

The Tweed Ring had nothing on today's fat cats

The Tweed Ring had nothing on today’s fat cats

What a disgusting way to run a country: government by millionaires, of the millionaires and for the millionaires.

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It would take the combined wealth of more than 18 American households to equal the value of a single federal lawmaker’s household, the Center for Responsive Politics’ latest analysis of congressional wealth finds.

The median net worth of a member of Congress was $1,029,505 in 2013 — a 2.5 percent increase from 2012 — compared with an average American household’s median net worth of $56,355. Once again, the majority of members of Congress are millionaires — 271 of the 533 members currently in office, or 50.8 percent.

While the median net worth of an American family has declined by nearly one-third between 2007 and 2013, members of Congress have recovered quite well from the recession. The Senate’s median net worth went from $2.3 million to $2.8 million over that period, while for members of the House the numbers went from $708,500 to $843,507… overall, CRP’s annual analysis of lawmakers’ financial statements once again shows that they are not remotely similar to the typical American in terms of wealth, investments and economic security.

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And who are the fattest of the fat cats? Darrell Issa, with a net worth of $448.2 million, leads the pack, followed by Sen. Mark Warner, a couple of Democrat House members you’ve never heard of, and GOP incoming freshman congressman Dave Trott, worth around $200 million. Both Nancy Pelosi and Mrs. Dick Blum, aka Sen. Dianne Feinstein, make the top twelve.

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