Many are rich before they enter public life , many get rich while in office and many become even richer after hey leave office. Your average Congressman receives $169,300 a year in salary and they only work about 100 days a year. That is, most can bank about $14,000 a month. They also get free medical and other perks, like book deals, money from back room deals and speaking fees etc. Bill Clinton for instance left office $12,000,000 in the hole and has made over $100,000,000 from his influence peddling and other business dealing from special interest groups etc.. I know of no Congressman who has not profited handsomely from hold public office, at least on the Federal level.
So remember, as we exchange Presidents and their administrations, let’s also hold our representatives and senators, on both sides of the isle, responsible for their parts in the economic meltdown. The politicians below have been exposed for their unbridled greed, ignoring their fiduciary responsibilities, lying to and deceiving the American people.
(R) Chris Cox; Chair--Securities and Exchange Commission (SEC)
(R) Henry Paulson; Secretary of the Treasury
(D) Barney Frank; Chair--House Finance Committee
(D) Chris Dodd; Chair--Senate Banking Committee
(D) Chuck Schumer; Heads Joint Economic Committee
(D) Richard Syron; CEO--Freddie Mac.
(D) Frank Raines; CEO--Fanny Mae
(D) Charlie Rangel; Chair--Ways and Means Committee (W&MC)
(D) Pete Stark; Chair--W&MC subcommittee on Health
(D) Sandra Levin; Chair--W&MC subcommittee on Oversight
(D) Michael McNulty; Chair--W&MC subcommittee on Social Security
(D) Jim McDermott; Chair--W&MC subcommittee on Income Security and Support
(D) Richard Neal; Chair--W&MC subcommittee on Selected Revenue Measures