Millionaire lawmakers can rise above their financial handicap

Mark Twain spoke for me when he said: "I'm opposed to millionaires, but it would be dangerous to offer me the position."
Archive You're reading an older Hightower Lowdown article. Jim's still writing — twice a week on Substack.
Jim Hightower's Radio Lowdown
Jim Hightower's Radio Lowdown
Millionaire lawmakers can rise above their financial handicap
Loading
/

Mark Twain spoke for me when he said: “I’m opposed to millionaires, but it would be dangerous to offer me the position.”

One danger that such wealth brings is that many who have it become blinded to those who don’t. Thus, the news that more than half of our congress critters are now in the millionaire class helps explain why it has been striving ceaselessly to provide more government giveaways to Wall Street bankers and other superwealthy elites, while also striving to enact government takeaways from middle-class and poor families.

Enjoying Hightower's work? Join us over at our new home on Substack:

Take the richest House member, Rep. Darrell Issa, with a net worth of $464 million. A right-wing California Republican, he has used his legislative powers to try denying health coverage to poor Americans, even as he tried to unravel the new restraints to keep Wall Street bankers from wrecking our economy again. Issa and his ilk are proof that a lawmaker’s net worth is strictly a financial measure, not any indication at all of one’s actual value or “worthiness.”

I hasten to note that many millionaires in America have been able to rise above their financial handicap, serving the public interest rather than self or special interests. For example, when Rep. Chellie Pingree was elected to Congress in 2009, she was an organic farmer and innkeeper in rural Maine. Definitely not a millionaire, she was a stalwart fighter for such progressive policies as getting corporate money out of politics, enacting Medicare for all, and reining in Wall Street greed. But in 2011, Pingree married – of all people – a Wall Street financier and was suddenly vaulted into the ranks of the 1-percenters. So, naturally, her legislative positions changed… not one whit.

See, even in Congress, being a millionaire is no excuse for becoming a narcissistic jerk. Siding with plutocrats is not an incurable condition – it’s a choice.

“Millionaires’ Club: For The First Time, Most Lawmakers are Worth $1 Million-Plus,” www.opensecrets.org, January 9, 2014.

“For first time, more than half in Congress are millionaires,” The New York Times, January 10, 2014.

Keep reading Jim
Get the free Lowdown
Jim's twice-weekly commentaries delivered free to your inbox. No credit card, no catch.
No credit card. Unsubscribe anytime.
Go deeper
Get everything Jim's got
Live Q&As, the Chat & Chew series, radio archives, and more. Less than a cup of coffee a month.
Subscribe for $40/year
Special rate for original Lowdown readers
Regular price: $50/year
Jim Hightower's Lowdown
The Lowdown moved —
Jim didn't stop writing.

Get Jim's commentaries delivered every Tuesday and Thursday — free, to your inbox. Join 50,000+ readers.

Get the free Lowdown →
or go paid
Subscribe for $40/year
Special rate for original Lowdown readers — regular price $50/yr