Posted On: November 25, 2008, 1:59 pm CST

Posted By: NJudge

Bloomberg is well respected and will be able to run for another office, if he ever chooses. You're right, you have to read this article carefully. They're all being compensated; just not in the same way and maybe a few millions less. Of course all of our politicians are not wealthy. But given connections, etc. most can live comfortably and the idle rich have more money, time and energy to run for office than the average man. Biden and his wife together made something like $350K last year. Not poverty but it ranked him among the lowest in the Senate. They're generally well educated and well connected and if they're effective, I feel better about their money than I do Madonna and Britney Spears. None of us are naive enough to think the execs are working for nothing. Not some government employees - lower ranking and up - get paid to do virtually no more than show up. That's why a lot of think we could cut some fat if we just made every worker give an honest days work for the decent pay and better than average security, retirement and health care benefits.