Baucus (Fiscal Conservative) Personal Finances: $40,000 In The Hole - $1 Million DC House Purchase..

[BlooInBloo]

*That's* the jackass whining about being fiscally conservative? GTFO.

http://washingtonindependent.com/61192/max-baucus-the-poorest-democrat

"By David Weigel 9/29/09 9:38 AM

Jennifer Yachnin reports this detail in a story on the relative personal wealth of senators.

Wealth in the chamber ranges from Sen. John Kerry (D-Mass.) — the richest Member of Congress overall — who tops the list with a minimum net worth of at least $167.55 million, to Sen. Max Baucus (D-Mont.), who registers a negative $40,000.

Yes, the fiscally conservative Democrat whose budget hawk nature has frustrated liberals on health care reform is, himself, in the red, having spent nearly a million dollars on a new house in D.C."

[MidwestTransplant]

1. He knows when he leaves congress he can get a job as head of a trade group.

[BlooInBloo]

3. Heh. That might be contingent on making sure that a public option is killed, though.

[SoCalDem]

4. He's probably already got a cushy lobbyist job all lined up

and during the interval where it's "illegal" to become a lobbyist (after he finally gets booted out of office), I'm sure he'll become a "consultant" to some "non-partisan" think tank, and will churn out inane works of fiction, masquerading as policy papers.

[Winterblues]

6. If he keeps on like he is now that may just be a lot sooner than he wants it to be.

I saw a pretty devastating ad about him on Rachel Maddow last night. He will have to contend with a Primary Challenge unless he changes his tactics..

[BlooInBloo]

7. You mean the "whose side are you on" ad?

[havocmom]

8. He was just re-elected last fall

He isn't worried. Gotta figure this is his last term, his 'money dance' before a comfy retirement. The 'rat bastid'.

[AlinPA]

2. That sounds like BS to me. He gets millions from the health "care" industry. nt

[BlooInBloo]

5. I'm pretty sure that campaign contributions aren't counted towards one's personal finances....

I think they have, like, laws about that or something.

[AlinPA]

10. After today's vote, I believe a lot of money went right to his personal account. Under the table,

brown envelopes, he gets rich because of his vote and paid off with cash and ranches in Montana.

[Romulox]

9. This excludes the $1M dollar property he just bought, making his net worth at least $960,000.

"The exclusion of homes — Senators are not required to report properties that do not generate income, including vacation homes or part-time residences — can potentially skew the public perception of a lawmaker’s true wealth."

http://www.rollcall.com/issues/55_32/news/39009-1.html?type=printer_friendly

:shrug: