Saturday, May 14, 2011

Where Top Politicians Send Their Kids and Personal Finances of Congress and Presidents

Public Servants and Private Schools: Where Top Politicians Send Their Kids

"President Barack Obama sends First Daughters Malia and Sasha to Sidwell Friends School. Annual tuition is about $29,000.

Joe Biden’s grand-daughters Naomi, Finnegan, and Maisy are also on the Sidwell roster.

The last child of a U.S. President to attend D.C. public schools was Jimmy Carter’s daughter Amy. She lived in the White house from 1977 to 1981.

New York City Mayor Michael Bloomberg sent his daughters Emma and Georgina to Spence School—an all-girls private academy on the Upper East Side with a $34,000 annual tuition.

New Jersey’s Governor Chris Christie sends his children to parochial schools

Governor Arnold Schwarzenegger's eldest daughter Katherine attended Brentwood School where tuition ranges from $25,000 to $30,000.

In 2003, the Heritage Foundation conducted a congressional survey on school choice. Of those who responded, 41 percent of U.S. representatives and 46 percent of U.S. senators said they send, or have sent, at least one of their children to a private school......"


History of First Kids


"Thirty-five Presidents of the United States and their wives, through Bill and Hillary Clinton, had 89 boys and 61 girls. Six had no children: George Washington, James Madison, Andrew Jackson, James Polk, James Buchanan, and Warren Harding."


The Complete Net Worth Of The American Presidents: From Washington To Obama


Personal Finances: Net Worth of Congress

"It is difficult to gauge what a lawmaker is worth based on what they file because the disclosure forms do not require exact values. Instead, the lawmaker reports the range of value into which an asset, for example, falls. As the values increase, the ranges get broader. To calculate net worth, shown here, CRP added together the lawmaker's range of assets and then subtracted their range of liabilities. We then calculate the midpoint of the resulting range and use this figure to rank the filers. Using this method provides a ranking that more closely reflects reality than using either the minimum or maximum values. (Read more about our methodology.) Valuation of very large assets is limited by the top range being over $50 million. When further research definitively revealed a more accurate figure, it was used in place of the range."