Tuesday, August 25, 2009

Charlie Rangel Claims $500G More In Assets!

Politics is a very lucrative profession, just ask Harlem Congressman Charlie Rangel. Rangel amended his 2007 financial disclosure forms to include more than $500,000 in assets, including an account at the Congressional Federal Credit Union worth at least $250,000, another account with at least $250,000, land in New Jersey and stock in Pepsi and fast food giant Yum!, according to the New York Post. Rangel, who is the subject of 2 House ethics probes has seen his net worth grow dramatically in a short period of time.

Hope the residents of Harlem, who Rangel represents are seeing their wealth grow at the same pace. This is the reason that many people become cynical about Washington politics. Certain occurrences just seem a little shady to the outside world, but I'm sure Mr. Rangel has a good explanation for his increased wealth.

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