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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 |
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