Mike Lee (R)UT: living within one's means, fiscal responsibility...more hypocrisy
it's all a big fat whopping joke.
http://www.reuters.com/article/2012/05/22/tagblogsfindlawcom2012-lawandlife-idUS61044740520120522
The nation's housing crisis has hit another member of Congress. Utah Sen. Mike Lee was forced to sell his home in a short sale, resulting in a $400,000 loss, The Salt Lake Tribune reports.
Lee's wife and three children are now living in a rental home in Alpine, Utah, where they used to live in a "dream home" Lee bought for $1.1 million in 2008. But Lee soon found himself underwater.
Utah Sen. Mike Lee was elected to office in 2010, when he left his private law firm and gave up a lucrative salary. Lee's ex-firm later filed for bankruptcy, the Tribune reports.
Mike Lee isn't the only member of Congress to face tough choices because of the housing market. Illinois Rep. Joe Walsh faced a foreclosure on his condominium in 2009, the Illinois Daily Herald reported.
in other news...that bank ate the $400K. Perhpas Lee could live on beans and rice (with some cheap meat thrown in) for a few months. So I think we are supposed to assume that Lee left a lucrative law job and sacrificed a huge salary to serve the public at a pittance of a wage? He gets decent health insurance and a decent check while the old company he worked for went belly up.
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