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Mark.b2

(828 posts)
1. Another one: personal wealth of politicians growing far beyond what their salaries...
Fri May 29, 2026, 11:10 PM
Friday

Would enable. Bureaucrats can do well, too.

Members of Congress make a decent wage, but DC is an expensive place to live. One wouldn’t expect a member’s wealth to grow dramatically. Why do we hear about poor ol’ so-and-so making it to Congress then find out that a few years later, they’re a multi-millionaire? Members should be required to reconcile current wealth to their original worth.

I was reading a few days ago about Republican Pete Olson from Texas. His net worth in 2009 when he came to Congress was $85,000. He left Congress in 2021, but by 2018, he had a reported net worth of up to $8.7 million.

Maybe he wrote a book. Advances on writing books are notorious for building sudden wealth, given the public’s gargantuan hunger for politicians’ memoirs.

No one should gain excessive wealth while working in or around government in DC.

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