Sunday, January 15, 2012

election 2012: how rich are these guys?

Money | Mitt Romney

Justin Sullivan/Getty Images

Total net worth: $85 million to $264 million

With no regular day job, Romney still earns a tidy income in the form of dividends and interest from his investments, and records filed with the Federal Election Commission show that the former Massachusetts governor commands between $20,000 and $68,000 on the speaking circuit.

Much of Romney's wealth is tied up in a blind trust, but some assets remain under his control -- including a few quirky items. For example, the FEC lists between $250,000 and $500,000 in horses, an asset the campaign says belongs to the candidate's wife. He owns another $250,000 to $500,000 in gold.

Romney has degrees from both Harvard Law and Harvard Business School, and had successful careers at the consulting shop Bain & Company and private equity firm Bain Capital before joining the Salt Lake City Olympics effort in 1999.

Jon Huntsman

Richard Ellis/Getty Images

Total net worth: $16 million to $72 million

The 51-year-old former governor spent much of his career in the public sector, but he also found time to work at the family business: Huntsman Corporation.

The candidate's father is one of the richest self-made men in the world, having given away more than $1 billion to fund universities and a cancer research center, among other causes.

Most of the younger Huntsman's assets are tied in some way to the family. He lists a family holding company worth between $5 million and $25 million as an asset.

The Utah native lists a few more conventional assets as well -- including investment funds from Vanguard and Fidelity.

Newt Gingrich

Allison Joyce/Getty Images

Total net worth: $7 million to $31 million

The former house speaker is worth at least $7 million, putting him right in the middle of the 2012 pack.

The bulk of his assets come in the form of a promissory note from the Gingrich Group, LLC to Gingrich Productions, Inc., which are part of the tangled web of businesses the speaker maintains.

Most of the Georgia native's income comes from Gingrich Productions, a Washington-based multimedia company that paid out $2.4 million in disbursements to Gingrich.

Additionally, Gingrich lists between $565,000 and $1,150,000 in liabilities, including a now-closed line of credit at Tiffany and Co.


Barack Obama

Kristoffer Tripplaar-Pool/Getty Images

Total net worth: $2.8 million to $11.8 million*

While some of his Republican challengers are downright wealthy, President Obama isn't all that far behind.

Obama earns a $400,000 salary as the nation's chief executive, and the Center for Responsive Politics estimates his net worth to be somewhere between $2.8 million and $11.8 million.

Where did the former senator and law professor get that kind of cash? Book sales, mostly.

In 2010, the Obama family reported an adjusted gross income of $1,728,096, down from about $5.5 million in 2009, according to the first couple's tax returns.

His paycheck was much higher in 2009 because his books -- "Dreams from My Father" and "The Audacity of Hope" were registering strong sales.

The tax returns also show the family donated about 14% of their income to charity in 2010.

Ron Paul

Richard Ellis/Getty Images

Total net worth: $2.4 million to $5.4 million

While nowhere near the poor house, Ron Paul has more modest assets than some of his deep-pocketed rivals.

The Texas congressman also has a personal loan out from the First National Bank of Lake Jackson that totals $250,000 to $500,000 with a 5-year term.

Paul lists a Washington-area condo worth $100,000 to $250,000 as an asset, and has an investment portfolio stuffed full of mining stocks.

For example, the sound-money advocate holds $100,000 to $250,000 in Barrick Gold Corporation and $500,000 to $1,000,000 in Goldcorp Inc., two publicly traded mining companies.

In all, the congressman is invested in more than 20 separate companies that have the words "mining," "mines," "gold" or "silver" in their name.

Rick Santorum

Alex Wong/Getty Images

Total net worth: $1 million to $3 million

One of the poorest 2012 candidates, Rick Santorum is still a millionaire.

Much of the former Pennsylvania senator's money is tied up in rental real estate properties, as well as education and savings plans for his children.

Santorum also has some debt to his name -- including two mortgages for rental properties totaling between $350,000 and $750,000. Those properties, located in State College, Pa., are worth between $500,000 and $1.25 million, according to the FEC filing.

From relatively modest means, Santorum served as a congressman and senator, but has since found more lucrative compensation in the private sector.

Santorum earned $1.3 million in income from January 2010 until August of last year from a variety of jobs, including a gig at the Ethics and Public Policy Center in Washington and as a contributor on Fox News.

Rick Perry

Rainier Ehrhardt/Getty Images

Total net worth: $1 million to $2.5 million

Rick Perry is not exactly poor. But it's all relative. His assets place him at the back of the pack of 2012 candidates.

The governor -- who's still on the job -- collects both a salary and pension from the state of Texas. The salary is $132,995 a year, and he brings in a monthly annuity of $7,698.

In August, Perry revoked his blind trust, giving a look into his portfolio. The candidate is invested in a wide range of companies, including PepsiCo, Procter & Gamble, Chevron, Cisco and Microsoft.

2 comments:

nomadfiles said...

I never heard of that criteria before. Forget about being native born, are you now required to be a millionaire to be eligible for the office of POTUS?

Free said...

The gods instructed Pharroh to give the Jews gold as temptation, and it worked.
So unlike Pharroh, but an effective corruptor which allowed the gods to justify 40 years of warmongering under Joshua.  This caused another host of problems to befall the Jews as well.
What a bunch of dumb-ass kikes.  The gods used them as "minor partners" with the Italians in the destruction of Planet Earth through "Western Civilization", leading us to where we are today.

Even as peasant farmers we could be lulled::Good weather, bountiful harvests, etc.  This is what old-world preachers were good for.
This stereotypical preacher had classic preaching styles:::Loud, damnation-fueled teachings.  Contrast to today, preachers who are lulling the Damned into cruise control.  The old-world style was important to snap people out of complacency.  Unfortunately, in today's enviornment people consider this style insulting, and they lose a precious message designed for the favored of yesterday.

The Republicans got tired of being fingered for the corrupt trash they are and this time around timed the crisis so it would fall into the Democrat's lap with the bailout scandal.  Republican donors/friends enjoyed enrichment at the expense of the taxpayer, as we saw with the S&L Scandal in the 80s, but this time they dodged the scorn associated and tried to unload it on the opposing party.
The real estate scandal was different, but fools who do what they are told greased the wheels of this crisis.  Now they have the information they need, been foreclosed on and evicted, and are left holding an empty bag labeled "immortality".
The gods played both sides of this event, and those to whom they sold the real estate scam to in the 90s profiteered in the 2000s when the sub-prime machine flew into full gear during the peak of the market in 05-07.  But we are all judged for our behavior, real or clone host, and despite perception of priveledge those who participated will suffer poetic justice, unless they have slipped into Damnation and are no longer eligible for punishment.
The gods position their theater like this for a reason::::This alienates the masses who flock to the party of evil liberalism while using the Republicans to prepare for god's will with governmental insolvency and the destruction of the true "evil empire".


The United States is a dumping ground for the disfavored.  THis was how it was used during European immigration, this is how it is used today.
The Japanese Earthquake/Tsunami of 3/11/11 was actuslly a good sign for the people.  Alarming because it came decades after their most recent admitted atrocities during WWII, at least they will experience corrective punishment, whereas the United States won't be as lucky.
Russia too enjoyed corrective punishment for the 1980 invasion of Afghanistan.
THere is something about this country.  Interferring/injuring the Afghan people incurrs he god's wrath.  It cost the SOviets their protection of communism.  Now the gods have leveled the playing field among the last few white peoples who still enjoyed it on their way to a homogeneous global enviornment.  If I am right about the United States we won't be as lucky.  When we go down it will be for good, and there will be no recovery.
Yes, the clone host fake politicians have been planning for this for decades.  Ronald Reagan turned a $1 trillion Federal debt into $6 trillion at the end of his Administration.  Much like W in Iraq, this served to terminate the favor of a group of people.  Reagan just didn't have to do it with violence as W did, but he did do it against white people, which says something.
I believe in killing, non-reincarnation:::The only way Planet Earth will achieve sustainability is if we "take out the trash" and the gods allow the most disfavored among us to be eliminated.  The bouy is sinking, social decay is becoming ruinous and unless it begins to rise to the surface the gods will get their way and life will end on Planet Earth.