Don't you wish you could read? I said Congress, not politicians everywhere, it maikes no diff if bloomberg makes a law about garbage in NY city, I live far far away. Congress Buddy, CONGRESS, you know the real politicians with the real power.
[FONT=verdana,arial, helvetica, geneva]1. Sen. John Kerry (D-Mass.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$230.98 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]The Massachusetts Senator claims the mantel of richest Member in the 110th Congress. Kerrys actual holdings, however including those of wife Teresa Heinz Kerry, widow to ketchup heir Sen. John Heinz (R-Pa.) are likely much greater. [/FONT]
[FONT=verdana,arial, helvetica, geneva]In an April 2008 article, Forbes.com estimated Heinz Kerrys net worth at $1 billion. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Kerrys disclosure forms list the value of more than 180 assets including Heinz family trusts and investment funds only as over $1 million, rather than the more specific ranges including $1 million to $5 million. Senators are allowed to list assets in the over $1 million category only if the items are held independently by a spouse or dependent child. [/FONT]
[FONT=verdana,arial, helvetica, geneva]2. Rep. Jane Harman (D-Calif.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$225.96 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]The wealthy Californian, who remains heavily invested in Harman International Industries, has seen her wealth increase nearly $10 million since filing her 2006 report. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Harmans report lists three accounts, including one held solely by her husband, totaling a combined minimum of $125 million in stock and options in the company. Harmans spouse founded the company, which manufactures electronics under the brand names AKG Acoustics, Harman Kardon, Infinity and JBL, among others. [/FONT]
[FONT=verdana,arial, helvetica, geneva]In addition, Harman, who has no outstanding debts, lists a trust fund worth $1.8 million and an additional $2 million in multiple hedge fund accounts. [/FONT]
[FONT=verdana,arial, helvetica, geneva]3. Rep. Darrell Issa (R-Calif.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$160.62 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]The Golden State lawmaker added $2 million to his bottom line in 2007, increasing his fortune by a little more than 1 percent. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Issa, founder of the Vista, Calif.-based Directed Electronics, which manufactures car alarms, claims an investment worth at least $50 million in DEI and $25 million to $50 million in Greene Properties Inc. Both corporations own and operate office and industrial properties in California. [/FONT]
[FONT=verdana,arial, helvetica, geneva]His portfolio also comprises numerous investment funds, including a dozen valued at a minimum of $5 million each. [/FONT]
[FONT=verdana,arial, helvetica, geneva]4. Sen. Jay Rockefeller (D-W.Va.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$80.40 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]A descendant of oil tycoon John D. Rockefeller, the West Virginians vast assets remained stable in 2007, as his net worth increased by a little more than 1 percent. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Rockefellers fortunes are stored primarily in three blind trusts with JPMorgan Chase & Co., Wachovia Corp. and United National Bank, valued at more than $50 million, $25 million to $50 million, and $5 million to $25 million, respectively. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Another family trust is listed at simply over $1 million. [/FONT]
[FONT=verdana,arial, helvetica, geneva]The Senator lists at least $5.5 million in debt on two loans, down from $6.5 million in 2006, when he listed an additional $1 million loan from United National Bank in Charleston, W.Va. [/FONT]
[FONT=verdana,arial, helvetica, geneva]5. Rep. Robin Hayes (R-N.C.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$78.96 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]The Tar Heel State lawmakers wealth more than doubled since 2006, when he identified about $36 million in assets. [/FONT]
[FONT=verdana,arial, helvetica, geneva]According to Hayes office, the increase, including more than $36 million in new trust funds, is the result of an inheritance. Hayes mother passed away in 2007. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Among the holdings in Hayes numerous trust funds are a mix of stocks and bonds, as well as properties including land in Lake County, Minn., and Sheldon, S.C., valued at least $5 million and $1 million, respectively. [/FONT]
[FONT=verdana,arial, helvetica, geneva]The funds include at least $1 million in stock in corporations such as Exxon Mobil, Royal Dutch Shell, Merck, Pfizer, General Electric and Altria, the parent company of Philip Morris USA. [/FONT]
[FONT=verdana,arial, helvetica, geneva]The North Carolinian also lists a commercial loan of at least $1 million to finance his private airplane. [/FONT]
[FONT=verdana,arial, helvetica, geneva]6. Rep. Vern Buchanan (R-Fla.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$65.49 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]Buchanan, the owner of several car dealerships, watched his wealth dip slightly in the past year, dropping $1.74 million, or more than 2 percent below his 2006 total. [/FONT]
[FONT=verdana,arial, helvetica, geneva]While the Florida lawmakers empire comprising several automobile dealerships, an aircraft charter business, real estate holdings and investment accounts amounts to $102.34 million, it carries with it nearly $37 million in debt. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Included in that figure are new purchases in 2007: a King Air 350 aircraft and a Learjet, both listed as debts valued at $5 million to $25 million from SunTrust Leasing of Baltimore. [/FONT]
[FONT=verdana,arial, helvetica, geneva]He also lists an Embraer Legacy from the same creditor for $5 million to $25 million. [/FONT]
[FONT=verdana,arial, helvetica, geneva]7. Sen. Frank Lautenberg (D-N.J.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$55.33 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]Lautenberg, who made millions from the payroll processing company he created five decades ago, reported that his total minimum assets jumped about 24 percent, from $45 million in 2006, but that number is still not very revealing. Lautenbergs two biggest assets are two blind trusts that he set up for himself, each worth $5 million to $25 million. Together they count for $10 million of his assets for this list, though they could be worth five times that amount. [/FONT]
[FONT=verdana,arial, helvetica, geneva]The major increase over last year appears to be in his wifes assets. She has several family trusts in her name, mostly holding real estate, and between 2006 and 2007 she received additional assets from her mother, Lautenbergs office said. [/FONT]
[FONT=verdana,arial, helvetica, geneva]So in 2006, Lautenberg reported that through an entity called LCBS Corp. his wife held over $1 million of Mira Loma Associates, a company holding residential real estate in Riverside, Calif. In 2007, Mira Loma was listed twice at over $1 million once as part of LCBS and once as a separate asset in Bonnie Englebardt Lautenbergs name. Several of her family trusts also purchased real estate and other assets worth more than $5 million in 2007. [/FONT]
[FONT=verdana,arial, helvetica, geneva]8. Sen. Dianne Feinstein (D-Calif.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$52.34 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]Together with her husband, financier Richard Blum, Feinstein claims a diversified portfolio that grew by $1.8 million, or an increase of just under 4 percent, since 2006. [/FONT]
[FONT=verdana,arial, helvetica, geneva]The Californian lists assets with her husband that include ownership of all or part of numerous limited partnerships. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Among those, the Blum Family Partners, owned entirely by Blum, claims over $1 million in stock in RAE Systems, a manufacturer of chemical and radiation detection equipment. The fund also includes over $1 million in a real estate investment trust. [/FONT]
[FONT=verdana,arial, helvetica, geneva]In addition, Feinstein lists a $5 million to $25 million investment in Carlton Hotel Properties in San Francisco and owns condos in both Tahoe City, Calif., and on Kauai in Hawaii, both valued at $1 million to $5 million. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Feinstein also lists at least $2 million in debt to Bank of America for two loans made to Blum Capital Partners. [/FONT]
[FONT=verdana,arial, helvetica, geneva]9. Sen. Edward Kennedy (D-Mass.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$47.62 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]Much of Kennedys wealth stems from family trusts, and the Massachusetts Senator reported almost no change in 2007, with an increase of less than 1 percent. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Kennedy lists one family trust valued from $25 million to $50 million, as well as four trusts worth at least $5 million each and a blind trust totaling at least $1 million. [/FONT]
[FONT=verdana,arial, helvetica, geneva]The Bay State lawmaker also owns a rental property in Hyannisport, Mass., valued at at least $1 million and lists a plot of undeveloped land in Lafayette, La., owned by his wife, worth from $500,000 to $1 million. [/FONT]
[FONT=verdana,arial, helvetica, geneva]Kennedy lists $1 million in mortgage debt from Northern Trust Co. for his Hyannisport property. [/FONT]
[FONT=verdana,arial, helvetica, geneva]10. Sen. Gordon Smith (R-Ore.) [/FONT]
[FONT=verdana,arial, helvetica, geneva]$28.65 million[/FONT]
[FONT=verdana,arial, helvetica, geneva]If you take financial disclosure forms seriously (never a good idea), you might be led to believe that Smiths net worth tripled last year. His 2006 financial disclosure form disclosed net assets of about $8.5 million. [/FONT]
[FONT=verdana,arial, helvetica, geneva]But Smiths worth is largely derived from Smith Food Sales, a purveyor of frozen vegetables. In 2006 he listed that asset as being worth $5 million to $25 million. In 2007, the value has jumped to the next category, $25 million to $50 million, so even if the value of the asset rose from just under to just more than $25 million, the effect on the disclosure form is to add $20 million to Smiths minimum net worth. Since Smith doesnt have to report the assets of the corporation, his actual net worth may be far above what is reported on the Congressional form. [/FONT]
[FONT=verdana,arial, helvetica, geneva]I don't have the very latest person who took the Kennedy spot[/FONT]