Observations on life

Old Bernie; financial guru

From money nation.com

In August of 2015, Bernie Sanders reported net worth assets at a minimum of $187,026 and a maximum of $759.004. Bernie Sanders also owns a condominium in Vermont valued at about $100,000. He has debts of at least $25,002 and as much as $65,000.

Figuring Sanders’ maximum possible debt with his minimum possible assets gives a minimum possible Bernie Sanders net worth of $222,026.

Figuring his lowest possible debt with his highest possible assets gives a net worth of as much as $769,002.

Combining his average assets with average debts gives an average Bernie Sanders net worth of $528,014.

imageOld Hillary has a net worth about 230 times that of Old Bernie (age 74) which may explain his “system is rigged” obsession. Relatively speaking Old Hillary is almost one of those greedy CEOs.

Yikes, with these numbers it doesn’t appear that Old Bernie is even a good politician. He should take lessons from Harry Reid on how to grow your wealth while in public office. Now we know why he is running for president; at his age he needs a raise and a bigger pension.

If Old Bernie had just saved $100 a month in the stock market since he graduated college he would have over $790,000 in cash. Isn’t  that what Americans are supposed to do; save and plan for the future? No wonder Bernie hates the billionaire class; all 537 of them.

Old Bernie sure sounds like the guy who is qualified to run a federal budget and a $18 trillion economy.

Old Bernie has all the signs of being an idealistic, resentful old man.

[Reid’s net worth is between 3 and 10 million dollars, according to OpenSecrets.org. When Harry Reid entered the Nevada legislature in 1982, his net worth was listed as between $1 million and $1.5 million “or more,” according to the Las Vegas Review-Journal.]

Advertisements

4 replies »

    • That’s true, but idealism don’t get the job done in the real world. You can’t be a hippy all you life … or maybe you can be, but you have no business being a politician too.

      Like

  1. Remember that from Bernies socialist point of view, balance sheets and personal net worth statements are meaningless. The STATE will take care of all your needs.

    Like

What's your opinion on this post? Readers would like your point of view.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s