HolyCoast: Elizabeth Warren: Ignore My 8-Digit Net Worth, I'm Not One of the 1%

Friday, January 27, 2012

Elizabeth Warren: Ignore My 8-Digit Net Worth, I'm Not One of the 1%

The rhetoric of class and inequality is back in force, and Massachusetts Senate candidate Elizabeth Warren -- the standard-bearer for a combative new progressivism -- made the case to MSNBC's Lawrence O’Donnell last night that members of the Senate shouldn't own stock.

“I realize there are some wealthy individuals – I’m not one of them, but some wealthy individuals who have a lot of stock portfolios" she told him.

Hard to see how Warren wouldn't be, by most standards, wealthy, according to the Personal Financial Disclosure form she filed to run for Senate shows that she's worth as much as $14.5 million. She earned more than $429,000 from Harvard last year alone for a total of about $700,000, and lives in a house worth $5 million.

She also has a portfolio of investments in stocks and bonds worth as as much as $8 million, according to the form, which lists value ranges for each investment.
Of course, for a liberal Democrat just saying you're not rich is enough. The fact that the numbers prove the opposite doesn't matter. The only thing that matters is she doesn't think she's rich in her heart.

1 comment:

Sam L. said...

She isn't rich in her heart, or her spirit. Her checking account and investments, though...