Sunday, March 15, 2020

Politicians retire Rich; should that be?

A member of the House of Representatives, and a United States Senator each receives a salary of One Hundred Seventy-four Thousand ($174,000) Dollars a year.  Each gets allowances for staffing their offices, Office space and travel allowances.  And, of course, each gets status as well as the power to influence the actions of our Federal Government, including impacting our taxes as well as our individual freedoms.  Their performance is important to every citizen.

Some members of both houses have retired in the past couple of years,and more will retire at the end of this year.  A review of how long they served in public orffice, and their net worth on retirement seemed in order.

Senator "A" 18 years service,                net worth:   $2,794,024
Senator "B"  23 years service,               net worth:   $1,695,514
Senator "C" 12 years service,                net worth:   $2,668,017
Representative "1"  22 years service,    net worth:   $2,781,015
Representative "2"  30 years service,    net worth:  $24,290,511
Representative "3"    8 years service,    net worth:    $5,727,032
Representative "4"  35 years service,    net worth:    $1,348,011
Representative "5"  25 years service,    net worth:    $2,464,049

Whether these accumulations of wealth are legal or not is not my point.  Does anyone believe that these increases in net worth can happen of the Congressmen and women involved were spending their time looking after ever constituent equally?

Does anyone wonder why over the years none of these "accumulations" have come under Media scrutiny?

Is there any question about whether or not any of the accumulations (and expenditures) have not seen detailed audits and investigation by ANY legal entity or Inspector General(s)?

I cannot be the first to wonder about the ethics and legality of this sort of activity on the part of those who we euphemistically call "Public Servants.

Any ideas?

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