Some Republican freshmen in Congress hold major debt, disclosure forms show, page
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reply posted on 20-6-2011 @ 05:27 PM by LDragonFire
reply to post by The Old American



Skewed left? did you read it?


The documents present the most complete financial picture to date of a group that promised to remake Washington with the values of the American heartland.

Judging from members’ bank accounts, the freshman class has elements of both places.

It has brought at least 24 new millionaires to a Congress that already had plenty. But many freshmen, like thousands of other Americans, entered 2011 with significant debt.


And he is a great example here again from the article:


Among those with credit card debt was Rep. Blake Farenthold (Tex.), who has pressed for major action to control the national debt. Earlier this year, Farenthold issued a statement rejecting any increase in the debt limit without major spending cuts.

“Like the rest of America,” the statement said, ‘the government needs to tighten its belt and work within its means.”

Farenthold’s 2010 disclosure forms show credit card debt of $45,000 to $150,000. A spokeswoman for the congressman said she could not comment, because she had not located his accountant to discuss the filing.


from link posted above


reply posted on 20-6-2011 @ 05:48 PM by The Old American
reply to post by LDragonFire



Yes, I read the whole thing. In the example above, what were the purchases on his credit cards? Did he buy a boat, or a car, or a house? Did he put his kids' college on it? Did he owe his pimp? Just having debt is not bad. But this article only mentions freshman Republicans. It hasn't bothered to delve into Democrat freshman debt, has it?

/TOA


reply posted on 20-6-2011 @ 06:01 PM by David9176
reply to post by The Old American





But this article only mentions freshman Republicans. It hasn't bothered to delve into Democrat freshman debt, has it?


That's because, as far as we know, freshman Democrats haven't made it their agenda to cut programs while at the same time promoting tax cuts for the wealthy. That's the whole point I'm assuming.


reply posted on 20-6-2011 @ 06:29 PM by David9176
reply to post by Carseller4





Do we want all Representatives to be millionaires?


Lol...most of them are...it doesn't take long for them to get there even if they have nothing when they swear in.


reply posted on 20-6-2011 @ 11:46 PM by DerepentLEstranger
reply to post by LDragonFire



lol and watch how those debts will soon disappear

via the magic of mammon and moolah

after all, why would the oligarchy back someone that they can't "help out"
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