the rich are different. For one, they run the government. Over half of the
members of Congress are millionaires (compared to just 4% of the entire U.S.
population). Some are multimillionaires several times over. They are some of the "one percenters" at the top of the financial pyramid. Most, who aren't
millionaires going in, usually are in fairly short order after being elected
and nearly all are by the time they leave office, which isn't to shabby for a
job that pays an average of just $174,000 annually.
Some positions pay slightly more. The Speaker
of the House pays $223,500 while the House Majority and Minority Leader
positions make $193,400 a year. Over in the Senate, the Senate President Pro
Tempore, and both the Majority and Minority leaders gets $193,400 each, but this doesn't account for their wealth. One key reason for their wealth, however, is the huge sums of money they receive from their corporate "sponsors"
(which sounds so much better than "owners", but it's essentially the
same thing), and best of all, their party membership counts for nothing.
of Congress receive millions from corporations while their campaigns take in billions
thanks to the flawed 2010 Citizens United
decision by the Supreme Court. Some of it comes via lobbyists while the rest
goes into so-called "Leadership Pacs" which are basically slush funds
members of Congress create for themselves. Money also comes indirectly through
a wide number of "perks" not to mention all the benefits they vote
themselves including some lucrative pension and health benefit plans.
further drive home the point, I've included a very informative and entertaining
video from Second Thought entitled "How Are They So Wealthy?" which
will help explain some of the ways Congress milks the system (and taxpayers).
The video is only 12:46 minutes long.
While the video focuses mainly on former Speaker of House Nancy Pelosi, it certainly could apply to just about anyone in Congress. It demonstrates just how different the rich are from you and me, and how they look after each other's interests. Not ours. I've also included to interesting links as well. Hope you enjoy the video as much as I did!
Second Thought: "How
Are They So Wealthy?"
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