For the first time in U.S. History – most members of Congress are millionaires. For the first time in U.S. History – the standard of living in the United States has fallen farther than at any other time recorded. For the first time in U.S. History – the past three “DO NOTHING” Congresses – the 112th, 113th, and now the 114th Congress, are the worst statistically ever recorded. For the first time in U.S. History – the people’s disapproval rating of Congress is approaching 90%.
ALL together now…TERM LIMITS!
When you can afford to live in an ivory tower… who cares if a 3rd world sits outside the guarded gates.
Do you want to get rich? Just get elected to Congress. The U.S. Senate and the House of Representatives are absolutely packed with wealthy people that are very rapidly becoming even wealthier. For the first time in U.S. history, most members of Congress are millionaires.
The collective net worth of the members of Congress is now measured in the billions of dollars. The people that we have elected to the House and Senate are absolutely swimming in money.
Unfortunately, it is not easy to get elected to Congress. You generally have to be heavily connected to those that are very wealthy to get into Congress because it takes gigantic amounts of cash to win campaigns. But if you can get in to the club, you pretty much have it made.
The numbers that you are about to read are very difficult to believe and although the latest available comparisons are a few years old, one might safely imagine that they’ve increased. They show that Congress has become all about money. Congressional races are mostly financed by wealthy people, most of the people that we elect to Congress are very wealthy, and they rapidly get wealthier after they are elected. All of this money has turned our Republic into something far different than our founding fathers intended, and why they no longer represent us.
The following are 12 statistics about money and Congress that are so outrageous that it is hard to believe that they are actually true….
#1 The collective net worth of all of the members of Congress increased by 25 percent between 2008 and 2010. During the crash in the economy for the rest of us!
#2 The collective net worth of all of the members of Congress is now slightly over 2 billion dollars. That is “billion” with a “b”.
#3 This happened during a time when the net worth of most American households was declining rapidly. According to the Federal Reserve, the collective net worth of all American households decreased by 23 percent between 2007 and 2009.
#4 The average net worth for a member of Congress is now approximately 3.8 million dollars.
#5 The net worth of House Minority Leader Nancy Pelosi increased by 62 percent from 2009 to 2010. In 2009 it was reported that she had a net worth of 21.7 million dollars, and in 2010 it was reported that she had a net worth of 35.2 million dollars.
#6 The top Republican in the Senate, Mitch McConnell, saw his wealth grow by 29 percent from 2009 to 2010. He is now worth approximately 9.8 million dollars.
#7 For the first time in history – more than 50 percent of the members of the U.S. Congress are millionaires.
#8 In 2008, the average cost of winning a seat in the House of Representatives was $1.1 million and the average cost of winning a seat in the U.S. Senate was $6.5 million. Spending on political campaigns is out of control.
#9 Insider trading is perfectly legal for members of the U.S. Congress – and they refuse to pass a law that would change that.
#10 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.
#11 U.S. Representative Darrell Issa is worth approximately 220 million dollars. His wealth grew by approximately 37 percent from 2009 to 2010.
#12 The wealthiest member of Congress, U.S. Representative Michael McCaul, is worth approximately 294 million dollars.
Meanwhile, members of Congress keep telling the rest of us that we are just going to have to cut back because times are tough. This elitist attitude extends all the way into the White House as well. When Barack Obama made the following statement…. “If you’re a family trying to cut back, you might skip going out to dinner, or you might put off a vacation” while, the Obamas are living the high life on outrageously expensive vacations around the world at taxpayer expense.
In America today, it takes gigantic mountains of money to run a successful campaign. When big corporations and wealthy individuals shovel huge piles of money into political campaigns, it is because they expect something in return.
Most of those that get sent to Congress realize that they never would have won if wealthy donors had not showered cash on them. Most of them understand that they should not bite the hands that feed them if they want the cash to keep rolling in.
Sadly, the candidate that raises the most money almost always wins, because in federal elections the candidate that raises the most money wins about 90 percent of the time.
They want average Americans to keep the perception that we are involved in the process and that our opinions really matter, but at least 86 % of us know it is just an illusion. Americans are now paying attention with 86% in disapproval of Congress, and that is what both Democrats & Republicans are afraid of and why they are collectively working together to create a new base of future immigrant voters… because they know they have lost our votes.
With an approval rating of only 11% – can it sink even further? Sure it can. Because Politics in America has become a game that is played by the elite for the benefit of the elite, and they’re not about to change what they and the courts worked so hard to create .
Meanwhile, members of Congress rapidly get wealthier and average American families continue to suffer. In fact, the standard of living in the United States has now fallen farther than at any other time that has ever been recorded in U.S. History – because statistically the past three “DO NOTHING” Congresses – the 112th, 113th, and now the 114th Congress, have been the worst ever recorded in nothing meaningful passed to aid the economy, rebuild infrastructure, or deal with millions of illegal immigrants in a sane manner, because American’s quality of life has not been our Representative’s priorities! Instead, their focus has been on their own quality of life, as their records prove.
While unlimited money roars into the system, thanks to the Supreme Court’s Citizens United decision, our elected officials are now legally bought and branded by moneyed interests, as our approval of Congress rightfully approaches the single digits. Still, will the 112th, 113th and now the 114th be the worst Congresses ever? Probably not. It will get worse, because they will never voluntarily give up what they have – and only demand more. In fact, there were only a few Congresses that approached them, simply in terms of historically bad laws passed. But, for these members of Congress, the good times have never been so good, and will just keep getting better as our Nation and quality of life declines, if nothing is done to stop them.
Unfortunately, these people might have gotten something done if they weren’t always so worried about being re-elected to keep their good times rolling. And while they only serve 126 congressional days in session, giving them 239 days off, many Congress members still have notoriously low attendance ratings – because although they have roll call, there is no legal obligation to be there. Thus the presence of politicians is optional, which in 2015 probably makes sense, as their ‘decisions’ on any matter can simply be called in by their real masters now. They simply show up when it’s one of their bills, make a scene and leave after the vote. But really, why would they attend? What would they change if they did? Their decisions are already made for them – as it is for almost everyone present who are already corporate lapdogs.
It appears that Congress is merely a wholly owned subsidiary of Corporate America. So they spend their time on better things, going to their next corporate donor to figure out what is next to propose on their behalf. They miss sessions of Congress because they are too busy cashing paychecks, getting wined and dined by lobbyists, and looking for places to hold fundraisers to get re-elected.
Let’s face it, as painful as it is – we need to wake up. We don’t have a representative government any more, we have a gerrymandered group of permanent politicians who don’t govern and don’t represent anyone except the people who make campaign donations. This is the reality that is today’s Congress.
Their only hope is that the people are too busy working to keep paying them, to not notice… what they’re NOT worth!
And so, WE BELIEVE ~ ‘The Time Has Come For All Good Men and Women To Come To The Aid Of Our Country’ — with term limits for Congress– and one by one tell them to take their millions and go home, because their expiration date has arrived! [Which no immigration schemes or vote rigging will be able to change.]
If you agree with us that the U.S. Congress needs term limits, then we need to start the process to make term limits happen. This is a serious undertaking that will require not only Rhode Islanders uniting, but Americans standing together, because each state will have to ratify a vote to change the amendment of the U.S. Constitution or allow the people in each state the right to vote for the amendment change. Then, 38 out of the 50 states will need to ratify the change.
Only together with great determination will we have the ability to make term limits happen…so let the discourse begin.
Necessity is calling – will we answer it?
Fed Up in RI