Tuesday, October 24, 2006
Politicians - What you don't want to know!
This report probably explains many, many things.
And I'd like to see the same report on their relatives...
And I'd like to see the same report on their relatives...
At OpenSecrets.Org are the 2005 financial disclosures of our congressional decision makers; and this foggy caveat:
"It is difficult to gauge what a lawmaker is worth based on what they file, however, because the disclosure forms do not require exact values. Instead, the lawmaker reports the range of value into which an asset, for example, falls. As the values increase, the ranges get broader. To calculate net worth, shown here, CRP added together the lawmaker's range of assets and then subtracted their range of liabilities. Valuation of very large assets is limited by the top range being "over $50 million." When further research definitively revealed a more accurate figure, it was used in place of the range."
