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Fat Cats in Congress: How the 1% Are Doing

Written by Gary North on December 19, 2011

Congress is filled with millionaires. A recent graphic indicates how many members have a net worth over $1 million.

Who Rules America? A Breakdown of the Wealth in the U.S. House and Senate
It pays to be in Congress. Being rich in Congress is not incongruous. (Sorry. I could not resist.)

But rich politicians have long voted for higher taxes and lots of Federal controls. They do so well as members that they are protected from the effects of their own legislation. They are big government people, because big government has made them rich and powerful.

This report spells it out.

1. Talk about the 1%. Over half of the members of Congress, who are sent to Washington on the behalf of the common man, are millionaires.

2. Legal Insider Trading? There is currently no accountability or oversight to prohibit members of the U.S. Congress from profiting in the financial markets based upon the inside information they obtain in the course of their daily work. (The news program, 60 Minutes, recently blew the lid off of the Congressional insider trading scandal. Watch here.)

Then there are the very well off. These are federal employees.

3. Federal Employees Everywhere. As of 2010, over 80,000 federal workers held jobs that earned $150,000 or more a year. That number has soared tenfold in the past five years and has doubled since President Obama took office, according to USA Today.

The spending never slows down. It accelerates.

The size of government increases. Its intrusion into our lives increases. Yet the voters do not know what they want, other than free lunches.

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9 thoughts on “Fat Cats in Congress: How the 1% Are Doing

  1. This is disgusting, and the majority of Americans haven't a clue. The media is owned by – and protects – the corrupt. The internet is the only forum for truth – until they control that too.

  2. Terry Good says:

    These facts are no surprise we have more corruption in our government then ever before. And we all know that our government wants to control ever area of our lives moving towards one world government. As everyday passes we get closer to our own destruction as a free nation . It is incredible how naive and fooled so many Americans are, blindly following Obama no matter how bad things are.

  3. I've decided to run for Congress next year! Will you vote for me???

  4. TheThinMan says:

    So, is there a list of names and their net worth? This is nice to know, but rhetoric with little meaning. How about how many of them are lawyers? How many of them have been in congress long enough to dray a lifetime pension and how much? Let's have some meat with the potatoes – how about it?

  5. It may already be too late to save ourselves. They, meaning the government) has the deck stacked against us with the FEMA camps and Agenda 21 rapidly being brought on line and installed as the new US policy while at the same time making the Constitution and Bill of rights meaningless.

  6. Would especially like to see a partisan breakdown of this grapic!

  7. Hello Family, Friends, Patriots & Acquaintance’s. _Now Is the Time for All Good Men and Women to come to the aid of Our Country! _If Not Now, When?_All that is necessary for evil to triumph is for good men to do nothing! _If Not You, Who?_Make the Difference and Take a Stand with other Good Men and Women, Join Us Here! _ http://www.wakeupamerica.com/constitutionalbelievers _Take Care and GOD BLESS The Whole World!_Sincerely_Mr. Harris_Happy Birthday Jesus! Merry Christmas to all and have a Happy & Prosperous New Year!_

  8. jim28threg. says:

    Term limits and hang convicted traitors on the Whitehouse lawn then leave them hang there until they rot off the gallows.

  9. We most certainly do know what we want at least I do. It's simple we want the Fed to stop printing money, we want those we elect to represent our interests, we want government to stop flushing our tax dollars down the toilet, and we want government to but out of our lives. The problem is that constantly switching leadership back and forth between the only two viable choices accomplishes nothing, the Republicans and Dumocrats are two sides of the same coin.

    It is fairly evident that we will be stuck with this corrupt government for a long time. Unless we are willing to forcibly remove all the scumbags from Washington they will never leave and the corruption will continue.