A look at how rich Elizabeth Warren really is

Here is a direct quote from Massachusetts Democratic Senator Elizabeth Warren, who has been in the news quite a lot this past year, particularly for her condemnation of Wall Street, the big banks and the government being the facilitator of helping the rich get richer:

“Today the game is rigged—rigged to work for those who have money and power. Big corporations hire armies of lobbyists to get billion-dollar loopholes into the tax system and persuade their friends in Congress to support laws that keep the playing field tilted in their favor. Meanwhile, hardworking families are told that they’ll just have to live with smaller dreams for their children.”

Warren’s constant critiques of the affluent has prompted many liberals to try and persuade her to run against former Secretary of State Hillary Clinton in the 2016 presidential election for the Democratic nomination. Warren’s supporters say Clinton is too rich, but it’s likely they haven’t checked Warren’s bank statements or investment portfolio.

Investors.com published a superb profile of Warren and her personal finances – her hypocrisies can be highlighted by the reader. Apparently, she has quite the wealth and her words seem to be meaningless. Here is a summary of financial earnings for the supposed crusader for justice:

• Financial assets worth between $3.7 million and $10 million.
• Real estate assets worth more than $3.1 million, including a home in Cambridge, Mass., valued at $2.4 million and a condo in Washington valued at $740,000.
• A $525,000 book advance for her new memoir, “A Fighting Chance.”
• At least 19 investment funds, including stock funds worth at least $1 million.

Let’s hope Warren is voluntarily paying a higher tax rate than her peers.

Ostensibly, she is a part of the 10 percent, an income demographic she continually lambasts. Warren is certainly making quite the returns thanks to the very institutions she vilifies. “The average family not in the top 10% makes less money today than they were making a generation ago. So who got all of the increase in income? One hundred percent of it went to the top 10 percent”

According to Warren’s Senate filings, her investments are situated on Wall Street (find below).

Warren is fascinating for a few reasons:

• She has denied being wealthy.
• She has complained that Republicans are only there to protect millionaires and billionaires.
• She accused her opponent, Scott, Brown of being on the side of the rich, while she is on the side of the poor. Funny enough, she is only on the side of the impoverished by using other people’s money.