Senators' Wealth Shows in 2003 Reports

[emad]

Snip from the Guardian

Tuesday June 15, 2004 2:01 AM


By ALAN FRAM

Associated Press Writer

WASHINGTON (AP) - Senators' financial disclosure reports showed anew Monday how wealthy most of them are, with quirky nuggets like a $1,059.75 Taurus and the gift of a sled dog buried amid trust funds, blind trusts and real estate holdings.

Sen. Edward Kennedy, D-Mass., who reported from $8 million to $40 million in family trust funds, listed up to $2,500 in rental income for a single parking space in Boston.

Senate Majority Leader Bill Frist, R-Tenn., said his three sons' holdings included small interests in Krispy Kreme Doughnuts and Wendy's International Inc. Those companies' fast-food products seem counterintuitive for the senator, a heart surgeon and avid jogger.

The 2003 forms, as always, present data in broad ranges of dollars. They go beyond senators' salaries, which are $154,700. Three leaders - Frist, Senate Minority Leader Tom Daschle, D-S.D., and Sen. Ted Stevens, R-Alaska, the Senate's president pro tempore - were paid $171,900.

More more more:
http://www.guardian.co.uk/uslatest/story/0,1282,-4205332,00.html

[seemslikeadream]

1. I just read that Ted Stevens

has $100,000 in Riggs Bank

[emad]

2. "Sen. Orrin Hatch, R-Utah, made $33,000 in royalties from his

patriotic and religious songs". Wonder where he's deposited that?

[Don_G]

3. No Word On Bitch McConnell

I know he's a multi-millionaire after entering the Senate with practically nothing.

[teryang]

4. Considering that some of these sold their souls

...to the devil, they're not very well off. I suspect that they are concealing a lot of assets.

[leftofthedial]

5. well there's most of our f**king problem

[JayS]

7. Yup, I've said this for years. Because I say this the...

...conservatives call me a liberal and the liberals call me a conservative.

[THUNDER HANDS]

6. this shouldn't be surprising

Wasn't the Senate intended to be a bunch of old, rich men anyway?

That's why there's only 100 of them, because they are elites.

The House is supposed to be where the common folk reside. But even they are pretty rich people by most standards.