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Author Topic: Sen. Bernie Sanders  (Read 4946 times)
DDF
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« Reply #100 on: August 11, 2016, 12:13:36 PM »

In fairness to Bernie his net worth including real estate is around 1.7 million if this site is to be believed.  While obviously well off this is a pittance compared to many of the "insiders" in DC:

http://www.fool.com/investing/general/2016/04/17/what-is-bernie-sanders-net-worth.aspx

I will still never understand how someone accumulates 1.7 million doing nothing other than a lifetime of public service work, a carpentry job, and maybe some liberal arts 30 years ago.

La mordida!

Taking into consideration what CCP said, and having managed factories where many of my workers clocked about 65K with overtime, I haven't seen a single one of them become a millionaire. Not even one.

I'm going with what GM said on this.

That brand new, beach front, vacation home on the lake for 600K that he just bought probably has something to do with what I'm thinking. Yep... a man living modestly.

There's a Mexican general under fire right now for having two homes in Texas valued at about 1.5 million. It's raising some serious eyebrows. In the States, they don't even hide it.
« Last Edit: August 11, 2016, 12:22:33 PM by DDF » Logged

It's all a matter of perspective.
G M
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« Reply #101 on: August 11, 2016, 12:23:54 PM »

Just because they structure the payoffs as to not be payoffs doesn't make it any less crooked.

Cattle futures!
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DDF
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« Reply #102 on: August 11, 2016, 12:48:20 PM »

Just because they structure the payoffs as to not be payoffs doesn't make it any less crooked.

Cattle futures!

I agree 100%. I was just looking into Mrs. Sanders' net worth and what she has done besides being let go from Burlington College after running it into the ground (maybe it wasn't her, but they did close less than 5 years after she left.


This article notes that Sanders' wife made about $160,000 a year running the college and that "virtually all of the couple’s assets are in Jane’s name, and they own a condo in D.C. and a rental property in Vermont." It is from February. Interestingly, the house in Maine that they would use to purchase the new home in Vermont is not listed. Many articles place Sanders' net worth between roughly 400K and 700K. They also fail to include his wife's earnings. Not bad for a pair of socialists.

Sanders' wife also justified the purchase of the house on the lake by stating that she had inherited a house in Maine that wasn't being used and used the proceeds from that to purchase the lake house in Vermont.

She purposely hides how much she is worth, Bernie purposely has most of the things in her name, and they're worth a lot more than they admit to.
http://fortune.com/2016/02/28/bernie-sanders-socialist-finances/

"Steady employment begins after the age of 39: In 1981, when Sanders won an election for the Mayor of Burlington, Vermont, the 39-year-old went on the public payroll — earning about $33,700 per year, according to Politico."

How one coverts that to 1.7 million dollars net worth at 74 years of age, only having worked full time for public service for 36 years, would be saving $48,571 per year since working regularly from the age of 39. His wife was making a lot of money, and I found this at Time's website "$1 Million-Plus Nest Egg" http://time.com/money/4235986/bernie-sanders-millionaire-finances/

Although Sanders and his wife’s joint tax return showed income of only a little more than $200,000 for 2014 — including his $174,000 salary," which mean that together, they were clocking her 160K (while she was at Burlington College) and his 174K (334K a year) the idea that they are socialists, and make that much off of "serving the public" is laughable.
« Last Edit: August 11, 2016, 01:06:17 PM by DDF » Logged

It's all a matter of perspective.
Crafty_Dog
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« Reply #103 on: August 12, 2016, 05:36:26 AM »

Good research DDF.
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DDF
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« Reply #104 on: August 12, 2016, 10:17:16 AM »

Good research DDF.


Thank you Guru. It just struck me as curious what his wife was worth.
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It's all a matter of perspective.
G M
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« Reply #105 on: August 12, 2016, 04:02:40 PM »

Well, they are authentic socialists, as every worker's paradise has it's elites who live very well, despite the gulags, mass graves and starvation.

Hugo Chavez' daughter somehow became a multimillionaire. Must be from the success of Venezuela's economic model.

It's scientific!
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DDF
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« Reply #106 on: August 13, 2016, 02:13:57 AM »

Well, they are authentic socialists, as every worker's paradise has it's elites who live very well, despite the gulags, mass graves and starvation.

Hugo Chavez' daughter somehow became a multimillionaire. Must be from the success of Venezuela's economic model.

It's scientific!

I have some free time on my hands. You bring up an interesting point about old Hugo and socialists in general. I think I'm going to look into what the world's socialist leaders are worth tomorrow, just for the hell of it. I had no idea that Chavez' daughter was so successful. Venezuela's "successful" economic model. Best one I've heard all day.  grin grin grin
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It's all a matter of perspective.
G M
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« Reply #107 on: August 14, 2016, 01:46:09 AM »

http://www.telegraph.co.uk/news/worldnews/southamerica/venezuela/9993238/Venezuela-the-wealth-of-Chavez-family-exposed.html

http://www.dailymail.co.uk/news/article-3192933/Hugo-Chavez-s-ambassador-daughter-Venezuela-s-richest-woman-according-new-report.html

Whoops! Multi-billionaire.
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Crafty_Dog
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« Reply #108 on: August 14, 2016, 12:36:01 PM »

Please post in Venezuela thread.  Thank you.
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