On Fri, 8 Feb 2008 09:19:30 -0800 (PST), Chuck Gould
wrote:
On Feb 8, 5:06?am, Short Wave Sportfishing wrote:
On Fri, 8 Feb 2008 04:46:25 -0800 (PST),
wrote:
The rich republican supporters that you hear about are the top 5% in income
who coincidently control about 40% of all the wealth in the country....- Hide quoted text -
- Show quoted text -
Can't have it both ways...
1 - 40% of the wealth is held by less than 1% of the population.
Compared to years past when 70% of the nations wealth was held by .5%
of the population, I'd say that was an improvement.
2 - ALL of the Presidential candidates live in homes that are worth
more than 1.5 million dollars.
3 - 80% of Senators live in homes valued more than 1 million dollars.
4 - 73% of all Representatives live in homes valued more than
$750,000.
Think about that.
Public servants my ass.
What does the value of real estate in a community have to do with
whether or not people living in a moderately priced home are good
public servants? Congresspeople are proportionate, urban areas where a
lot of people live have more than rural areas where almost nobody
lives. Desirable neighborhoods in highly populated areas will carrry
price tags in the high six-figure range and on up into seven-figures
in many communitites.
I noticed that at least in one city in CT, the average family income
was $113,000 in 2005. Would you suggest that the residents try to
elect a warehouse laborer earning $40,000 a year instead of choosing
from among folks with a financial background similar to the majority
of folks he or she will represent? Easiest guy in the world to bribe
would be somebody who moves from a less than average wage job to the
$150k (or whatever, plus perks) congressmen make today.
http://money.cnn.com/magazines/money...ghincomes.html
In that same community in CT, the average home sold for $1.1mm in
2005.
http://money.cnn.com/magazines/money...iceyhomes.html
Pointing out that somebody lives in a $750k house, in a surprisingly
high number of cities, will cause people to react with a "so
what?" :-)
Chuck, I think there was a little of the tongue in cheek there.
--
John H