It's no secret that the US stopped being a democracy and became a plutocracy quite sometime ago. It is no surprise that the biggest ganster criminally elite thug currently serving the interests criminal elite is a Rethuglican. Public enemy number 1.Rep. Darrell Issa R-Calif.
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Issa lists seven high-yield bonds as being worth more than $50 million — the highest disclosure category. How much those bonds are actually worth is unknown; they could be worth hundreds of millions of dollars each.
But just as his wealth could be many times higher than the picture provided by his disclosure, it also could be far less. Issa maintains two liabilities valued at $75 million — one personal loan from Union Bank that is between $25 million and $50 million and another personal loan/BRIBE from Merrill Lynch that is listed in the highest category of $50 million. That loan could be many times more than Issa is obligated to report. His true rank on our list depends greatly on how much he actually owes to Merrill Lynch.
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Before his election to Congress, the Californian made his fortune founding Directed Electronics — based in Vista, Calif. — which manufactures car alarms. Now, Issa appears to make his money through the bond market and high-end real estate.
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