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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBob Corker, Corrupt? What a Surprise
So Tennessee Senator Bob Corker is in trouble now, because he flip-flopped to vote for Donald Trump's tax bill after a provision was included that reportedly helps him personally.
Color me not shocked. I spent most of this past summer investigating Corker, whose personal finances have been an open scandal for years. Everything you need to know about the Senator can be discerned from this chart.
Click on that link and you'll see: Corker went from having an estimate net worth of zero when he entered the Senate in 2007, to being (as of 2015) the fourth-wealthiest man in the Senate, worth $69 million.
How do you increase your net worth by 69 million dollars while you're working full-time as a Senator? That is not an easy story to explain.
Open link below for the chart link.
Full Article: https://www.rollingstone.com/politics/features/taibbi-bob-corker-corrupt-what-a-surprise-w514493
sunonmars
(8,656 posts)Takket
(21,607 posts)Angry Dragon
(36,693 posts)onethatcares
(16,178 posts)he couldn't use inside information to make those trades............hahahahahaha, I almost typed "what an honest guy". Not that he's not an honest guy. Just a lucky one.
erpowers
(9,350 posts)It is possible that he benefited from insider trading. People should know and remember that before a few years ago members of Congress and their staff could participate in insider trading even though it was illegal from the rest of the American population. Congress has the power to exempt itself from any rule, or law it passes. Also, he may have benefited from the practice of keeping whatever money was left over from fundraising campaign. In the past when a person ran for office he/she could keep what ever money they raised and did not spend during their election campaign as their personal wealth. Decades ago and a few years ago it really paid to run for office.