It might be a big club, but you and me ain’t in it.
Alexandria Ocasio’s Assets
Alexandria Ocasio (AOC) owns over 6 real estate properties, 5 Cars, 2 Luxury Yachts. Alexandria Ocasio’s Assets also includes Cash reserves of over $3 Million. Alexandria Ocasio (AOC) also owns an investment portfolio of 11 stocks that is valued at $15 Million.
Alexandria Ocasio-Cortez (AOC) attracts high donations and gifts from wealthy businesses and Wall Street investors. In the past 24 months, Alexandria Ocasio-Cortez has received over $7 Million in direct and indirect donations from such parties.
Alexandria Ocasio-Cortez’s wealth also includes her savings in real estate. Alexandria Ocasio-Cortez owns number of prime real estate properties across New York, which brings her monthly income through rent. Alexandria Ocasio-Cortez’s net worth also includes a small portion of Bitcoins.
Alexandria Ocasio-Cortez’s Liabilities
In order to compute the accurate net worth of Alexandria Ocasio-Cortez (AOC), we need to deduct her liabilities from her total Assets. In order to build her political career, Alexandria Ocasio-Cortez has borrowed over $2 Million in loans and mortgages from JP Morgan, which is a current outstanding liability.
Alexandria Ocasio-Cortez’s Cars
Alexandria Ocasio-Cortez (AOC) has recently bought a Mercedes-Benz EqC for $140,000 USD. Alexandria Ocasio-Cortez also owns a BMW X8 that cost her $200,000 USD. A Few other cars owned by Alexandria Ocasio-Cortez are listed below. Also see Joe Manchin Net Worth.
As a Congresscritter, Alex from the Bronx Sandy from Westchester pulls in a comparatively paltry 155k per annum. As a natural-born skeptic, Divemedic has questions.
A person who gets elected to the House of Representatives receives a salary of $155,000 per year. Prior to being elected, they lived with their mother while working as a bartender and were fighting the foreclosure of their home. 29 months after assuming office, they have a net worth of $29 million. This person now owns 6 homes, 5 Cars, 2 Luxury Yachts, has cash reserves of over $3 Million and a stock portfolio that is valued at $15 million.
I am of course talking about AOC. The question I think we should all be asking is- how do you increase your net worth by over $1 million a month when your salary is only $13,000 a month?
She is a self described socialist, yet drives 5 cars with a combined value of half a million dollars: a Mercedes-Benz GLA, an Audi Q2, a BMW X7 ($100,000), a Mercedes-Benz EqC (valued at $140,000), and a BMW X8 ($200,000).
Fairly nice haul after a mere couple of years as a goobermint official, wouldn’t you say? But that’s the way with all these so-called “public servants,” each and every one of them. SOP:
- Run for office
- Once you’re in, you’re in for life—consistently, well over 90% of incumbents are reelected again and again and again, until they either retire, die, or, in a vanishingly few extraordinary cases, are indicted, tried, and/or packed off for a brief stay in Club Fed
- Board the Boeing and get rich, rich, RICH; the graft don’t stop till the casket drops, baby
Think I’m joking, gilding the lily, or in any way exaggerating about elected office being for all intents and purposes a lifetime sinecure? Think again, bub.
The re-election rate for members of Congress is exceptionally high considering how unpopular the institution is in the eyes of the public. If you’re looking for steady work, you might consider running for office yourself; job security is especially strong for members of the House of Representatives even though a significant portion of the electorate supports terms limits.
How often do members of Congress actually lose an election? Not very.
Incumbent members of the House seeking re-election are all but assured re-election. The re-election rate among all 435 members of the House has been as high as 98 percent in modern history, and it’s rarely dipped below 90 percent.
The late Washington Post political columnist David Broder referred to this phenomenon as “incumbent lock” and blamed gerrymandered congressional districts for eliminating any notion of competition in general elections.
But there are other reasons the re-election rate for members of Congress is so high. “With wide name recognition, and usually an insurmountable advantage in campaign cash, House incumbents typically have little trouble holding onto their seats,” explains the Center for Responsive Politics, a nonpartisan watchdog group in Washington.
In addition, there are other built-in protections for congressional incumbents: the ability to regularly mail flattering newsletters to constituents at taxpayer expense under the guise of “constituent outreach” and to earmark money for pet projects in their districts. Members of Congress who raise money for their colleagues are also rewarded with large amounts of campaign money for their own campaigns, making (it) even more difficult to unseat incumbents.
I’ve made much sport of sleazy, slimy ProPols over lo, these many years for being perfectly willing to eat a mile of fresh, steaming turd at high noon on the public square if they thought it might help them win elective office. Given the richness of the payoff once they’re in, who could blame them? It’s yet another dismal indicator of just how badly broken this country is, that’s what.