MOST members of Congress are millionaires:
The Center for Responsive Politics (www.OpenSecrets.org) is a smart, effective watchdog that works largely through their award-winning website, www.OpenSecrets.org, which is the most comprehensive resource for federal campaign contributions, lobbying data and analysis available anywhere. I subscribe to their e-mail list.
Their e-mail on April 24, 2020, they reported that MOST members of the current (116th) Congress are millionaires. Their e-mail stated: “Much of the wealth in Congress is concentrated at the top. The top 10 percent of wealthiest lawmakers have three times more wealth than the bottom 90 percent.”
On the day before (April 23, 2020,) Open Secrets reported these three facts:
• Lawmakers invest hundreds of millions into stocks, with drugmakers, big banks, fossil fuel companies and tech giants among the most popular investments.
• Some members of Congress still serve on corporate boards while in office and are paid to do so. Others collect royalty checks every year from private companies.
• Most members do not hold their assets in blind trusts, allowing them control over their transactions.
Some members of Congress are PROFITING FROM WAR:
Some Senators seem to have broken the law by using information from secret intelligence briefings about Coronavirus to guide their sales and purchases of certain stocks:
Federal law prohibits this. Did you see the news coverage in March 2020 that resulted from this? It needs more attention — and more pressure from the public to hold those senators accountable.
