Looking to find Lieberman's net worth, financially

[NewJeffCT]

As a Democrat, we know his net worth is pretty frackin' low...but, I am looking to track down the "net worth" of Joe Lieberman financially. I saw a few places online that had him ranging from $400,000 to like $1.9 million, but that was three years old. I know he also has a few million bucks in his campaign "war chest" – which I believe he is entitled to keep if he dropped out today.

The reason I am asking is a nitpick I have with both local & national coverage of the Lamont-Schlesinger-Lieberman senate race here in Connecticut. Nearly every news article seems to refer to "millionaire businessman" Ned Lamont or "multimillionaire" Ned Lamont. Nowhere is it mentioned that Joe Lieberman is a millionaire as well (I think). Heck, even one of the Hartford Courant's more liberal writers – Stan Simpson – was calling Lamont by that moniker.

It disturbed me back in 2004 as well. John Edwards was the "millionaire trial lawyer" in all the news articles, while John Kerry was also from wealth. Rarely was it mentioned that Bush is an "Old Money" millionaire, or that Cheney was a "millionaire" CEO. It gives the impression that the more progressive candidates were elitists due to their money.

[eyesroll]

1. He's not entitled to keep campaign cash for personal use -- BUT he can

use it for future campaigns, give it (subject to some limits) to other campaigns, give it to charity, pay down some of the national debt, etc.

[charlie]

5. Or recycle it back to his family

His 2004 campaign staffers weren't too happy about him putting his two kids on the payroll at a cool $100K per each.

[jerry611]

11. ignore...wrong thread

ignore...

[whistle]

2. Need to audit his financial position over the past seven years

[acmejack]

3. Here you are Partial

CPI 2004
http://www.publicintegrity.org/bop2004/candidate.aspx?cid=6&act=details


2005 Senate Disclosure Report
http://www.crp.org/pfds/pfd2005/N00000616_2005.pdf

You can get all the other Senate disclosure Reports at CRP. Have fun.

[soothsayer]

4. Real Estate $2,002 - $30,000---???

Man, I want to move to HIS neighborhood!

[NewJeffCT]

7. well you know

Connecticut is known for its cheap & affordable real estate. :sarcasm:

But, I am assuming it does not include any personal residences?

[acmejack]

14. Those tough reporting rules they impose on themselves!

Them brag about how open and transparent they are.

He owns two homes

[LA lady]

6. Kind of hopeless

I think becasue Lamont's wealth is just so massive, any comparison will be moot.

[NewJeffCT]

8. True - but -

Lieberman is not exactly hurting for money, either.

It's about fairness. Why is Lamont always a "millionaire", while Lieberman is not?

[LA lady]

9. The comparison is staggering

It's like saying who was fatter; Nicole Richey or Anna Nicole Smith?

Lamont is the great-grandson of former J.P. Morgan & Co. Chairman Thomas W. Lamont

Together, the Lamonts and their children are worth $90 million to $332 million,

[samsingh]

10. kick

[NewJeffCT]

17. That's not my point

That is not my point.

My point is that both of them are millionaires, so why is one person given the elitist tag of being a millionaire, while one is not? Sure, Ned Lamont is a lot wealthier than Joe Lieberman, but both of them have wealth that is way beyond the average American.

[jerry611]

12. Yeah, but take Kerry vs. Bush for example....

Kerry has a networth of around 700 million.

Bush's net worth is around 30 million.

They are both millionaires, true, but Kerry has 25 times the money that Bush has.

Lieberman may have a large sum of money. But Ned has a lot more money than Joe.

[leesa]

16. I don't think you know Bush's net worth. The Bush faily has a lot of

dirty money squirreled away. They aren't best pals with the Saudi Royal family for looks ya know.

[Richard Steele]

18. I imagine the majority of the BushKlan's wealth has been "off-the-books"

...for a very long time now, untraceable to anyone in particular.
Good ol' Prescott Bush lost a few million $$$
when he was prosecuted for selling fuel to the Nazis during WWII,
while Coca-Cola and IBM used a few front companies to do business
in Germany and kept the money, nice and legal-like.

I'm sure the Bush's still make plenty of dirty $$$, they just
don't let it get traced back to them anymore. They are EVIL,
not STUPID,(as a GROUP, anyway) and they do learn from their mistakes.

[TahitiNut]

13. "Politicians' (Lieberman's) Middle-Class Delusions"

Politicians' Middle-Class Delusions
Jonathan Schwarz
August 21, 2006

Jonathan Schwarz has contributed to many publications, including the The New Yorker, The Atlantic, The New York Times and Slate. His website is called A Tiny Revolution.

The day before the Connecticut primary, Joe Lieberman was getting down with the folks in a restaurant in Southington, a small town near Hartford. As the American Prospect reported, a longtime state employee named Paola Roy told Lieberman she felt the middle class has been forgotten by the federal government. Lieberman responded that he shared her concerns, and for good reason:“I came out of the middle class," he said, "and, being a senator, I haven’t gone much beyond the middle class.”

Being a senator, I haven't gone much beyond the middle class. Could anything better sum up the way American politicians seem to have relocated en masse to a new planet, and forgotten how things are back on Earth? In 2005, Lieberman and his wife Hadassah—a lobbyist at D.C. powerhouse Hill & Knowlton—together made $366,084. This places them securely in the top 1 percent of U.S. households. In fact, just the money they receive each year for supervising family trusts would likely put them in the middle quintile of American families. Moreover, they have financial assets —i.e., over and above their homes in Connecticut and Washington—worth somewhere between $465,000 and $1.9 million. The comparable amount for the average U.S. family is about $30,000.

<snip>

http://www.crp.org/pfds/pfd2005/N00000616_2005.pdf

[acmejack]

15. THat's where I snatched those links from!

I remembered that article from yesterday (barely)!