[Population: One] <A HREF="http://popone.innocence.com/ar
Jun. 21st, 2004 09:00 amReuters happily informs us of the following facts:
John Kerry's wife inherited $500 million. John Kerry's Nantucket house is worth $9 million. John Kerry's boat is worth $150,000. John Kerry's sporting equipment cost $2,500.
And George Bush has a huge ranch, but for some reason it's not important how much that cost. Also, he fishes. No news on whether he pays $500 for a fishing rod or not, or how many rods he owns. I dunno -- maybe he builds 'em by hand, and maybe he carved the ranch out of the wilderness with his own two hands.
You could always compare tax returns...
Date: 2004-06-21 03:19 pm (UTC)Now, this doesn't tell us total assets, but for a somewhat inaccurate estimate of that I'd look at the "Taxable Interest" line. For 2003, Kerry had just over $1,200. The Bushes had just over $400,000.
Now, I can see someone reasonably well-off who invested well making that much in a year in capital gains. But to make that much in interest income in year when the prime rate hovered around 4% all year, you'd need well over $10 million sitting in very high-interest accounts, and likely much closer to $20 million.
And that's just what they have that's earning interest income. I'd love to see a total personal-net-worth comparison of the two candidates.