Party Riches

Re: Party Riches

And people, read the thread title again and try staying focused. We don't want similar arguments running in all threads; that leads to some closed threads.

Re: Party Riches

Well, that could be right. I didn't post it because I considered him financially corrupt. He has spent time abroad as a successful banker, so he may well be the richest guy. Besides, there's nothing wrong in being rich as long as you acquire your wealth through fair means.

Re: Party Riches

^True. His wealth is well earned and everyone knows where it came from.
That can't be said about anyone else.

Re: Party Riches

btw, he sure has had an excellent career. Maybe I should plan getting into Int'l Banking too :D

Re: Party Riches

^ seeing how rich the MQM is, you should setup a gang/mafia enterprise like MQM and recruit me. The first person we shall torture shall be theunrealdeal

Re: Party Riches

Haris bhai, ICAP should ask govt. to allow them do the auditing of MPs wealth. This way you don’t have to go into Int’l banking. :smiley:

a little off-topic, but i find these comparisons interesting..


***‘Despite having a hardscrabble farmer and an avowed socialist in their ranks, the incoming class of senators does little to shake the Senate’s image as a millionaires’ club. ***

***Bob Corker, senator-elect from Tennessee, boasts an estimated $64 million to $236 million fortune, according to the financial disclosure he filed to the Senate. Claire McCaskill, the senator-to-be from Missouri, has a portfolio worth roughly $13 million to $29 million. ***

*And Sheldon Whitehouse, who ousted the fifth-richest member of the Senate, Lincoln Chaffee of Rhode Island, is hardly hurting for cash himself: He has $4 million to $14 million parked in various trusts and funds. *

All told, at least half of the ten men and women joining the Senate next year are millionaires, with Corker and McCaskill shoo-ins to number among the ten richest senators. That rarefied club includes Sen. John Kerry, D-Mass., who Roll Call newspaper ranks as the richest senator, with an estimated net worth of $750 million. Sen. Herb Kohl, D-Wisc., comes in second, with an estimated fortune of $243.15 million.

***The wealth of the incoming class will hardly raise eyebrows in the Senate, where about half of the current 100 members are also millionaires and the average net worth is $8.9 million, according to an analysis by the Center for Responsive Politics in Washington. By contrast, less than 1% of the U.S. population has a net worth of $1 million or more. ***

*In 2006, senators were paid an annual salary of $165,200. *

*Though the affluence of today’s Senate might seem staggering, it is hardly out of the ordinary for Congress’ elite upper chamber. *

*“Overall, senators have historically been wealthier,” says Donald Ritchie, a Senate historian. *

*The peak of Senate wealth probably came in the late 19th and early 20th centuries, when wealthy businessmen like George Hearst, the father of newspaperman William Randolph Hearst, and Simon Guggenheim were members. *

*Though millionaires are far more common today thanks to inflation, lots of members in the 19th century Senate would have been multimillionaires in today’s dollars, insists Ritchie. Back in 1900, $100,000 was roughly equivalent to $1 million today. *

*So glaring was the affluence of the turn-of-the century Senate that it prompted a series of muckraking articles in 1906 called the “The Treason of the Senate.” That led to the 17th Amendment, which instituted the direct election of senators in 1913. Previously, they were chosen by state legislatures. *

*It is difficult to pinpoint a senator’s precise worth because they are required to disclose only the ranges of dollar values into which their assets fall, rather than an exact figure. Therefore, it’s unclear for example whether Amy Klobuchar, Minnesota’s senator-elect, is a millionaire: She reported assets of $325,000 and $1.4 million. *

*Forbes’ tallies for the wealth of the new members are based on the financial disclosure statements filed to Congress. They do not reflect liabilities or the value of any real estate. *

*The new senators got rich in a variety of ways. A self-made businessman and former Chattanooga, Tenn., mayor, Corker amassed his fortune after starting a successful construction company in 1978, while only in his twenties. He has property investments throughout the Chattanooga region. *

*A former prosecutor and Missouri’s state auditor, McCaskill married into wealth when she wed St. Louis businessman Joseph Shepard in 2002; he made his fortune building millions’ worth of low-income housing projects. *

*Whitehouse, a former Rhode Island attorney general, seems to have largely inherited his money, as did Rep. Benjamin Cardin, the senator-elect from Maryland and another longtime public servant. He disclosed assets of roughly $1.5 million to $3.8 million. *

*Jim Webb, who ousted Senator George Allen of Virginia, is perhaps the splashiest millionaire of the bunch. After serving in the Reagan Pentagon, he penned six best-selling novels as well as the script for the film Rules of Engagement starring Samuel L. Jackson and Tommy Lee Jones. *

*Webb reported an estimated $2.3 million to $6.9 million in stocks and bonds. He also cited a $150,000 contract with Warner Brothers for an ongoing film project, with a $1 million option for screenwriting and $250,000 to produce the film. *

***Not all the freshmen senators have struck gold, however. Jon Tester, the flat-topped senator-elect from Montana, is as humble as his man-of-the-people image suggests. ***

***He told The New York Times that he has earned barely $20,000 a year farming in the last decade. Aside from his ranch, which is valued at $600,000 to $1 million, he owns shares in just one stock, American Electric Power, and a stake in a bond fund. His securities portfolio is worth no more than $30,000 and as little as $2,000. ***

*Rep. Bernie Sanders, a self-described democratic socialist who trounced millionaire Rich Tarrant in Vermont’s Senate race, seems to live a spartan life, in accordance with his political beliefs. Aside from a Burlington condominium valued at $100,000 to $250,000, he had just $31,000 to $115,000 stashed in a credit union and a retirement account. *

***Rep. Sherrod Brown of Ohio and Bob Casey of Pennsylvania, who preached economic justice on the campaign trail, aren’t limousine liberals either. Each has less than half a million in assets. And the vehemently anti-trade Brown gave all of his nearly $5,000 in royalties from his book The Myths of Free Trade to charity.’ ***

Re: Party Riches

:rotfl: you are acually accusing ME of ignoring Army corruption?! As any regular poster here knows I am the biggest critic of the unprofessional land grabbers in uniform.

There is no doubt the biggest corrupt money making machine in the country is the Pakistan Army.

But in Karachi, no one has killed, tortured, stolen, and taken more extortion money, etc than the MQM.

That is a fact that is well known. You being a closet MQM supporter does ot change this.

Re: Party Riches

HZ,

this is unfortunate and I totally agree with you, but needs more than just a timid warning.

Re: Party Riches

Critic of army maybe, but your silence over the corruption of Nawaz Sharif, BB, army sponsored jihadis and constant focus on Mqm exposes your bigoted bias against mohajirs and other minorities living in this country.

Re: Party Riches

I wish I can get away with saying stuff of lesser degree then this about some posters...

Re: Party Riches

stop trying to make this into a race issue :rolleyes:

I have never been ‘silent’ over NS or BB corruption, as much as you may like to believe. As the Army is running the country, they will naturally get the bulk of the attention.

Nobody has killed, beaten and taken more extortion money from Mohajirs than your MQM, another unconvenient fact for you

Re: Party Riches

:smiley:

Re: Party Riches

Well if you talk about ALL corrupt parties then people will not draw such conclusions. This thread was inended for ALL corrupt parties of Pakistan, yet here you are slamming petty thugs, only. What are we supposed to believe?

Mqm are petty thugs when compared to the corrupt Sharifs, Chaudhries, Zardaris, BB, Wattoos, Army Generals, Jihadi con artists, Maulvis in collusion with the armies receieving aid from Saudia/Iran. Yet all u can talk about is Mqm, petty thugs? You have a fixation with Mqm that is the Inconvinient truth.

Re: Party Riches

Your delusions know no bounds...according to your criteria described above, rather the prizm that has "jo quaid a ghaddar hai woh mot ka haqdaar hai" engraved on it, the only remaining benevolent socio-political entity in Pakistan by default is Altaf kala ...'s criminal band of ethno terrorists, since they are petty (a ridiculous assertion in itself) in comparison to everyone else in Pakistan...

The only difference between all the above you've mentioned and MQM is that the latter received funds/aid/cash by a decidely anti-pakistan entity and its arch enemy, India....