HomeLatest NewsDemocrats Demand to Know Why Speaker Mike Johnson Isn't Rich

Democrats Demand to Know Why Speaker Mike Johnson Isn’t Rich

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Here is the most shocking information we’ve learned about Mike Johnson, the new Speaker of the House of Representatives.

He isn’t rich.

Disclosures reveal that Johnson never opened a savings or checking account, either in his own name or in the name of his wife, or of any of his children. He doesn’t seem to have any money in investments. His latest filing, which covers 2022, shows no assets at all.

It’s highly unlikely that Johnson does not have a bank. Johnson is more likely to live paycheck to paycheck, so much so that he does not have enough money to trigger the checking accounts disclosure rules for Congress members.

The Daily Beast assumes that Speaker Johnson is guilty of some sort of misbehavior while ignoring, for example, Nancy Pelosi’s immense wealth. The leftist media seems to have a requirement that they strain at gnats while swallowing camels.

Jordan Libowitz is the communications director for Citizens for Responsibility and Ethics in Washington. He gave a blunter assessment. If Johnson doesn’t really have any assets it “raises concerns about his financial well-being.”

“It is strange that Speaker Johnson has no assets,” Libowitz said to The Daily Beast. “He earned over $200,000 in the past year and his wife also received salary from two different employers, so why are there no bank accounts or savings listed?”

Libowitz also said that Johnson had carried over debts for several years. This would make the issue more serious.

Johnson has only revealed information about his personal loans and mortgages. He also disclosed his salary of $223.500 as Speaker. This is a much higher salary than the average U.S. salary in 2023 of $74,580. Even Twitter/X has not stopped making snide remarks:

Matt Fuller, had he bothered to use his brain, or perhaps even a little curiosity, might have learned that Mike Johnson served as a member of the House of Representatives from 2017 onwards, that is six years. He may also have found out that Congressmen (for good or bad) are covered by the Federal Employees Retirement System, which operates like this:

Members who have served five years in the Congress pension system will be eligible for a pension. Members who have served for five years and are 62 years old can receive a pension. Members 50 years and older, with 20 years of service or 25 years at any age, will also be eligible. Depending on which option is selected, a reduced pension may be available. If a member leaves Congress before retirement age, he or she can leave behind their contributions and receive a delayed pension.

This, Mr. Fuller, is probably Speaker Johnson’s plan for retirement. This is a much better retirement plan than many Americans could hope for. However, it’s safe to assume that Speaker Johnson will not miss any meals during his retirement and Matt Fuller should attend an Investigative Journalism 101 class.

It is true that corruption is rife in the government at this time. Worse, equality under law is just a dead letter. Two major views of the law seem to exist. People understand that bribery, graft, and other illegal acts are against the law because they’re wrong. They don’t do it out of fear; they do it because they believe that’s what’s right. There are also people who think that bribery or graft is wrong simply because it’s illegal. They will often do something if they believe they can get away, as they don’t view the act itself as being wrong. Many politicians are this second type, which leads people to believe that all are corrupt, when in fact some aren’t.

The left is far too quick to attribute the apparent disparity between Speaker Johnson’s income and apparent net worth to some sort of illegal or immoral activity. There’s a simpler option. One could use Occam’s Razor to determine that the Johnsons are living within their means and occasionally experiencing financial setbacks. They borrow money for vehicles homes, etc.

The majority of Americans are likely to do the same.

As a nation, we have undoubtedly become jaded over the antics of the political elite. It’s shameful to have a class of politicians, but we’ll save that for another time. It is sad that we automatically assume the worst of these people. And it is even sadder that we are often justified.

What about casting a shadow of suspicion over someone who is a young politician with a growing household, just because their perceived wealth/net worth is lower than expected? This is a brand-new idea.

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