Comments on: By George, Romney would not be the richest U.S. president http://blogs.reuters.com/talesfromthetrail/2012/01/18/by-george-romney-would-not-be-the-richest-u-s-president/ Tracking U.S. politics Wed, 22 May 2013 12:14:03 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: waltergerman http://blogs.reuters.com/talesfromthetrail/2012/01/18/by-george-romney-would-not-be-the-richest-u-s-president/comment-page-1/#comment-424515 waltergerman Mon, 07 May 2012 10:04:06 +0000 http://blogs.reuters.com/talesfromthetrail/?p=38477#comment-424515 last usa trip horror...hip-hop gangster,drugs old cars,dirty streets and people. USA GO WORK AND NO BLABLABLABLA TODAY IS EU(HALF EUROPE) X 1,45 richer than north america no hitler=no trouble in europe= no rich and strong USA goodnight white cristian man in USA last usa trip
horror…hip-hop gangster,drugs old cars,dirty streets and people.
USA GO WORK AND NO BLABLABLABLA
TODAY IS EU(HALF EUROPE) X 1,45 richer than north america
no hitler=no trouble in europe= no rich and strong USA
goodnight white cristian man in USA

]]> By: PatrickWLee http://blogs.reuters.com/talesfromthetrail/2012/01/18/by-george-romney-would-not-be-the-richest-u-s-president/comment-page-1/#comment-422920 PatrickWLee Mon, 23 Jan 2012 16:16:44 +0000 http://blogs.reuters.com/talesfromthetrail/?p=38477#comment-422920 I can't debate the relative wealth of Romney, Washington, Kennedy and others, but Jefferson is out of the running as one of the richest Presidents, by far. Yes, he owned both land and slaves, but his net worth was never established nor was it ever great. His money problems began in 1774 when he had to repay the staggering debt on his father-in-law's estate twice. By our standards, he appeared to be well-paid as ambassador and President, but he had to pay many of the expenses of running those offices out of his salary. He often lived beyond his means and by the late 1780s, as ambassador to France, he was borrowing money to pay off money he'd borrowed earlier. Late in life, Virginia land prices had dropped as much as 80%, taking any "net worth" Jefferson might have had into negative ranges. Jefferson bears some of the blame for his financial difficulties. Some came from circumstances he couldn't control. Even more came from many years devoted to public service, when he had to ignore the assets that truly could have made him wealthy. For an accurate rendering of Jefferson's comments on a variety of subjects, including debt, see his blog at http://ThomasJeffersonLeadership.com/blog/ I can’t debate the relative wealth of Romney, Washington, Kennedy and others, but Jefferson is out of the running as one of the richest Presidents, by far. Yes, he owned both land and slaves, but his net worth was never established nor was it ever great.
His money problems began in 1774 when he had to repay the staggering debt on his father-in-law’s estate twice. By our standards, he appeared to be well-paid as ambassador and President, but he had to pay many of the expenses of running those offices out of his salary. He often lived beyond his means and by the late 1780s, as ambassador to France, he was borrowing money to pay off money he’d borrowed earlier.
Late in life, Virginia land prices had dropped as much as 80%, taking any “net worth” Jefferson might have had into negative ranges.
Jefferson bears some of the blame for his financial difficulties. Some came from circumstances he couldn’t control. Even more came from many years devoted to public service, when he had to ignore the assets that truly could have made him wealthy.
For an accurate rendering of Jefferson’s comments on a variety of subjects, including debt, see his blog at http://ThomasJeffersonLeadership.com/blo g/

]]> By: GA_Chris http://blogs.reuters.com/talesfromthetrail/2012/01/18/by-george-romney-would-not-be-the-richest-u-s-president/comment-page-1/#comment-422854 GA_Chris Thu, 19 Jan 2012 03:34:06 +0000 http://blogs.reuters.com/talesfromthetrail/?p=38477#comment-422854 As an example, i am sure Mitt will pay the standard tax rate on his income, not the reduced rate that was passed by corrupt politicians receiving bribes As an example, i am sure Mitt will pay the standard tax rate on his income, not the reduced rate that was passed by corrupt politicians receiving bribes

]]> By: Tiredashell http://blogs.reuters.com/talesfromthetrail/2012/01/18/by-george-romney-would-not-be-the-richest-u-s-president/comment-page-1/#comment-422851 Tiredashell Thu, 19 Jan 2012 00:31:56 +0000 http://blogs.reuters.com/talesfromthetrail/?p=38477#comment-422851 If elected, Romney will make out quite well manipulating circumstances to favor his own fortunes. He may not be the richest incoming president, but if he is able to affect the level of deregulation in the finance industry he has suggested, he will likely be the richest ex-president. Of course, another meltdown will inevitably follow such deregulation, but “the knowing” also know when to short sell. The net effect of his presidency would thus be yet another quantum redistribution of wealth upward. The good news is that the resources of the 99% are limited. When no wealth remains to be extracted from us, we might get a little breather before they go at us again. If elected, Romney will make out quite well manipulating circumstances to favor his own fortunes. He may not be the richest incoming president, but if he is able to affect the level of deregulation in the finance industry he has suggested, he will likely be the richest ex-president. Of course, another meltdown will inevitably follow such deregulation, but “the knowing” also know when to short sell. The net effect of his presidency would thus be yet another quantum redistribution of wealth upward. The good news is that the resources of the 99% are limited. When no wealth remains to be extracted from us, we might get a little breather before they go at us again.

]]> By: wilhelm http://blogs.reuters.com/talesfromthetrail/2012/01/18/by-george-romney-would-not-be-the-richest-u-s-president/comment-page-1/#comment-422850 wilhelm Wed, 18 Jan 2012 23:56:08 +0000 http://blogs.reuters.com/talesfromthetrail/?p=38477#comment-422850 Fact check: Washington's wealth was extracted from the labor of his slaves and from the labor of countless thousands of others in the Caribbean and from laborers in Europe (the Atlantic trade triangle) ... Fact check:

Washington’s wealth was extracted from the labor of his slaves and from the labor of countless thousands of others in the Caribbean and from laborers in Europe (the Atlantic trade triangle) …

]]> By: NewsDebbie http://blogs.reuters.com/talesfromthetrail/2012/01/18/by-george-romney-would-not-be-the-richest-u-s-president/comment-page-1/#comment-422849 NewsDebbie Wed, 18 Jan 2012 23:05:25 +0000 http://blogs.reuters.com/talesfromthetrail/?p=38477#comment-422849 What's common between Washington and Romney is that neither were self made men. Romney's wealth and opportunities came from Daddys Money and Georges wealth and opportunities came from Martha. George married well. It would be better to compare Washington and Kerry as both married well and both served their country. Romney has never served his country. What’s common between Washington and Romney is that neither were self made men. Romney’s wealth and opportunities came from Daddys Money and Georges wealth and opportunities came from Martha. George married well. It would be better to compare Washington and Kerry as both married well and both served their country. Romney has never served his country.

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