Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Edwards and Kerry are LOADED!!!

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Jack_Dawson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:10 AM
Original message
Edwards and Kerry are LOADED!!!
Edited on Thu Jan-29-04 11:12 AM by Jack_Dawson
I knew they were well-off, but I had no idea Kerry was the second coming of P-Diddy!

Even with two bank accounts holding $500,000 to $1 million each on Dec. 15, according to financial disclosures made by Clark's campaign, his declared assets of $2.6 million to $6 million are less than those held by rivals Sens. John Edwards (N.C.) and John F. Kerry (Mass.). Edwards and Kerry, respectively, have declared assets of $8.7 million to $36.5 million and $198.7 million to $839 million, according to the Center for Public Integrity, a nonprofit watchdog group. Former Vermont governor Dean has declared assets of $2.1 million to $5 million.

http://www.msnbc.msn.com/id/4090703/
Printer Friendly | Permalink |  | Top
GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:13 AM
Response to Original message
1. There are plenty of poor folks with
a great vision for this nation. Too bad our electoral system shuts them out so that they'll probably never have a chance at leading us upward and onward.
Printer Friendly | Permalink |  | Top
 
girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:16 AM
Response to Reply #1
3. I'd say Clark..
is the closest to your vision. He didn't start earning the big bucks until just in the last few years. Before that, he supported his family on one income and I think it was around 50K.
Printer Friendly | Permalink |  | Top
 
Jack_Dawson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:19 AM
Response to Reply #3
4. Clark had his chance to cash in - didn't take it.
Also, unlike many other retiring senior military officers, Clark did not immediately go to work for a large defense contractor; instead, he preferred smaller firms specializing in technology. In addition, he earned more than $1 million by giving speeches and appearing as a military commentator on CNN. In 2002, his military retirement pay was $85,909.

http://www.msnbc.msn.com/id/4090703/
Printer Friendly | Permalink |  | Top
 
jsw_81 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 12:01 PM
Response to Reply #4
21. Humble Wes Clark only earned $1 million?
And you're saying that he didn't cash in? ROFLMAO
Printer Friendly | Permalink |  | Top
 
GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:22 AM
Response to Reply #3
8. Dennis.. both in platform and having lived poor
But I know, too, that it's hard to raise a family on military pay, so you are right about Clark in that respect. :)
Printer Friendly | Permalink |  | Top
 
Jack_Dawson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:24 AM
Response to Reply #8
10. GPV, I hope you give Clark another look
I know he's tied for 5th or 6th on your list, but don't you think it's fun to watch how unsettled he makes the GOP? They want no part of him.
Printer Friendly | Permalink |  | Top
 
girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:14 AM
Response to Original message
2. Edwards' fatal flaw,
if there is one, is that he earned his fortunes as a trial lawyer. I know the GOP has court records on hand that they'd love to use against him.
Printer Friendly | Permalink |  | Top
 
AP Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:19 AM
Response to Reply #2
5. His eminent strength: every dollar earned through labor
(and taxed the first time as earned income at the highest rates we tax anything).

People are going to understand the difference between working to earn your money and getting lucky or working your connectins before this is over.

Who worked to earn Kerry's money? His grandfather and Heinz Ketchup laborers 50 years ago. Who worked to earn Clark"s? Taxpayers who paid for Axiom's contracts with the US Gov't?
Printer Friendly | Permalink |  | Top
 
dsc Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:22 AM
Response to Reply #5
7. I don't think that is true
Edwards must have invested some money some where. I am sure he earned most of it but not all of it. BTW Dean earned well over half of his even with gifts of around a million.
Printer Friendly | Permalink |  | Top
 
spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:50 AM
Response to Reply #7
14. I would think you are right. It would be crazy for him not to invest,
given the current system. However, that makes his taxation proposals all the more compelling and honest. He knows he stands to lose from them personally, big time. But he advocates them because they are the RIGHT thing to do, and longer term, they are in the best interests of the country.
Printer Friendly | Permalink |  | Top
 
AP Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:25 PM
Response to Reply #7
24. He got the money to invest from his own labor. Not inheritance
Edited on Thu Jan-29-04 01:26 PM by AP
or by marriage, or by gift, or by any other source but labour.

That's why I said "taxed the first time"...

Furthermore if he last made lots of money from working in '98, it's possible that he's lost money on his investments.
Printer Friendly | Permalink |  | Top
 
girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:46 AM
Response to Reply #5
13. I know he..
worked for his money.

The problem will reside in how people perceive trial lawyers. He will be portrayed as an ambulance chaser. I'm telling you, I've already seen some court documents going around the internet which involve his closing statements in trials as well as allegations that he used psudoscientific evidence to go after good doctors, was greedy, etc.

As someone who was harmed by a doctor, I support trial lawyers. I think, however, that a lot of people loathe trial lawyers and would thus automatically have a negative opinion of Edwards.

I like him, and think he could overcome the criticisms, but it's fair to say he's relatively untested.
Printer Friendly | Permalink |  | Top
 
spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:54 AM
Response to Reply #13
16. he's already responded to that kind of smear attempt
1) are juries and judges so stupid that they do not question Edwards' (or any other attorneys') arguments?

2) if they are, can the losing party appeal in our system of justice?

3) since we know they can, how many of Edwards' cases were appealed, and how many did he ultimately lose?

Check it out, and you will find he has an excellent record, and the Repugs will too (probably already have).

For those more convinced by emotional appeal, all JE has to do is bring out some of the victims he represented who will tell their stories, a la Four Trials. The victims may not touch the hearts of Rove and their ilk, but for everyone else, their stories of injury and ultimately, justice served, are compelling.

Think Erin Brockovich.

Printer Friendly | Permalink |  | Top
 
tryanhas Donating Member (403 posts) Send PM | Profile | Ignore Thu Jan-29-04 11:20 AM
Response to Reply #2
6. They tried it in 1998 IN NORTH CAROLINA
And it didn't work.

You people make too much out of the trial lawyer/GOP using it argument.

It's a joke...
Printer Friendly | Permalink |  | Top
 
Jack_Dawson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:23 AM
Response to Reply #6
9. I agree - Isn't that a strongpoint?
Suing big corporations on behalf of the "little people"?
Printer Friendly | Permalink |  | Top
 
GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:26 AM
Response to Original message
11. Wealth is a liablity in this election
Sure, you can buy more ads, but there are a lot of unemployed, underemployed and under-paid folks in our nation right now.

I'll tell you, I try my best not to be prejudiced, but there is a dark area in me that reads those numbers of the wealth some of the candidates have (esp bu$h and Cheney) and I see red. (Not communist red, just really ticked off red.)
Printer Friendly | Permalink |  | Top
 
jsw_81 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 12:02 PM
Response to Reply #11
22. No it isn't
Bush is worth around $15 million, and Cheney is worth at least $30 million.
Printer Friendly | Permalink |  | Top
 
AP Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:28 PM
Response to Reply #22
25. Bush stands to inherit a TON of money, regardless of
how much he has now. Guess who's the richest person in Bush's government? Powell. Or at least he was. At one point he had 100 mil in AOL-TW stock.

Bush has the richest cabinet ever, even when adjusted for inflation.
Printer Friendly | Permalink |  | Top
 
Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:30 AM
Response to Original message
12. In perspective...
Cheney was making $36 mil A YEAR, before the whole takeover of America crap. Kerry is small pototoes. French fried, with Heinz ketchup.
Printer Friendly | Permalink |  | Top
 
dsc Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:53 AM
Response to Reply #12
15. With any kind of rate of return
Kerry has to be making close to that.
Printer Friendly | Permalink |  | Top
 
spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:58 AM
Response to Reply #15
19. yes, but that is not all of Cheney's income either.
Edited on Thu Jan-29-04 11:58 AM by spooky3
The "wealthy" Democrats don't have assets anything close to what their Republican counterparts have.

The sad reality is that you have to have some money (your own and donated) in order to run successfully for President today. And Edwards has said that he is not about preventing people from accumulating wealth. He is about enabling a lot more Americans to have the opportunity to do it. For those who do, he supports progressive but fair income tax rates, and taxing those who are wealthy from investments at rates comparable to earned income rather than special rates for dividends and capital gains.
Printer Friendly | Permalink |  | Top
 
absyntheNsugar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:54 AM
Response to Original message
17. You have to be rich to run a sucessful presidential campaign
sorry, we just aren't going to elect Horatio Alger...that is until Alger makes his millions...
Printer Friendly | Permalink |  | Top
 
progressivebydesign Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:32 PM
Response to Reply #17
27. That's what is wrong with our political system!!!!
The one with money (usually corporate money to be repaid in favors) will win. If you are the annointed one by the Dem leadership, you get the key to the treasure chest. It's a sick system, guaranteed to get candidates that do the bidding of the corporate bosses, but the taxpayers that are the true bosses. Sucky!
Printer Friendly | Permalink |  | Top
 
GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:37 PM
Response to Reply #27
30. Publicly funded campaigns are the way to go
Get everyone on the same financial footing and concentrate instead on the issues.

Even some conservatives are freaked out about how much time Dubya has spent fundraising instead of "working" in the Oval office.
Printer Friendly | Permalink |  | Top
 
absyntheNsugar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:48 PM
Response to Reply #30
32. I agree....but you can't rebuild the bottom floor
all you can do is move stuff around. We have to be realistic.
Printer Friendly | Permalink |  | Top
 
BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:54 AM
Response to Original message
18. Clark will never earn a dime from Republicans again
Edited on Thu Jan-29-04 11:55 AM by BeyondGeography
Think about it, for those who doubt Clark's commitment to being a Democrat. He has forever given up the right to earn huge lobbyist paydays from the Pubbies. Might not sound like the ultimate sacrifice, but where's he going to earn his money if BushCo gets back in there?

I know, no tears for Clark. He's a brilliant guy, and he can earn a great living writing, speaking and hooking up with a Democratic cause of some type after the campaign. But there aren't too many other people in this country at Clark's level who would have stuck their neck out like he's done, rip BushCo and make the obvious earnings sacrifice that goes with that.
Printer Friendly | Permalink |  | Top
 
Jack_Dawson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 12:14 PM
Response to Reply #18
23. Yup - Clark burned puke bridges
But he doesn't care, cause he's a man of PRINCIPLE.
Printer Friendly | Permalink |  | Top
 
jsw_81 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 11:59 AM
Response to Original message
20. So were Roosevelt and Kennedy
But they were elected and became great presidents.

And believe me, Bush, who is the son of a wealthy president and grandson of a wealthy senator (and who attended elite prep schools, Yale, and Harvard) wouldn't even dream of bringing up Kerry's financial situation.
Printer Friendly | Permalink |  | Top
 
TexasPatriot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:33 PM
Response to Reply #20
28. you know, i would have thought that
but it didnt stop Bush from accusing Richards of being an ex-alcoholic for governor.

Bush is Brazen. If there is any dirt - it will be thrown regardless of the comparisons, because 'oh yeah, look whos talkin' is a really crappy defense - and allows W to set the tone.

Kerry's money will be used. (i, personally, dont think the fact he has money is bad - because you're right, he could just sit back and live on it)
Printer Friendly | Permalink |  | Top
 
molly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:29 PM
Response to Original message
26. So??????
Printer Friendly | Permalink |  | Top
 
NashVegas Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:34 PM
Response to Original message
29. Doesn't Count Unless You Were Born on Park Avenue
..
Printer Friendly | Permalink |  | Top
 
xultar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-04 01:45 PM
Response to Original message
31. What was that, everyone accusing Clark of being rethuglican
because he had dough and well, goes to show...when you are throwing stones make sure they aren't equiped with concealed boomerang wings.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sat May 04th 2024, 02:42 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC