Thursday, June 16, 2011

They Don't Speak for Me

It appears that the Republican leaders in the U.S. House of Representatives, John Boehner and Eric Cantor, don't share your pain.  With the release of the financial disclosure for the members of Congress, Boehner and Cantor are crying all the way to the bank, and their investments. 


Washington Post:

....House Speaker John A. Boehner (R-Ohio) and House Majority Eric I. Cantor (R-Va.) , the GOP leaders who rode to power on the grassroots wave of tea-party activists, are multi-millionaires with financial investments in some of the nation’s largest corporations.

Boehner had minimum financial holdings of $2 million at the end of 2010, while his top deputy was worth at least $3.4 million, according to financial disclosure forms that were released Wednesday. Their true net worth is likely to be far greater because lawmakers are only required to reveal a broad range of their financial holdings and the value of their primary residences is not mandatory in the disclosures. And, as is the case with Cantor’s wife, Diana, spouses are required to reveal the stocks and other assets they hold at the end of the year, not their annual income from the jobs they hold.....

.....The largest investments for Boehner, a former plastics executive from southwestern Ohio, come from mutual funds and a collection of individual retirement accounts. The speaker’s IRA is invested in a who’s who of Fortune 500 companies, ranging from WalMart (at least $15,000); Xerox ($15,000); Pfizer ($15,000); Goldman Sachs ($15,000), according to his forms....

It is no wonder that Boehner and Cantor want to protect the wealthy so much----they themselves are wealthy.   Boehner and Cantor are preserving their own personal wealth and their investments, while they systematically try to get more tax cuts for themselves and their cronies.  They are not doing anything to help the Middle Class.  Where are the jobs that Boehner and Cantor promised?  Their arrogance and greed make me sick.