25 July 2007

The Myth of America's Rags-to-Riches Presidents

By Jonathan Zimmerman, Christian Science Monitor
Posted on July 25, 2007, Printed on July 25, 2007
http://www.alternet.org/story/57241/

Rudy Giuliani received $11 million last year in speaking fees alone. John McCain is worth between $20 million and $32 million, most of it earned the old-fashioned way: He married into it. John Edwards, a former trial lawyer, has assets of about $62 million. But they're all paupers compared to Mitt Romney, founder of a private equity firm, whose personal fortune is somewhere between $190 million and $250 million.

So what else is new?

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