[johnforbes]

Last night, U.S. Senator Roger Marshall received Dr. Anthony Fauci’s unredacted FY2020 financial disclosures. The release following a heated Senate exchange between Fauci and Marshall which concluded with Fauci called the senator a “moron.”

The financial disclosures contain a wealth of previously unknown information. For example, the Fauci household’s net worth exceeds $10.4 million.

"During the pandemic year of 2020, their household income, perks and benefits, and unrealized gains totaled $1,782,807 — including federal income and benefits of $868,812; outside royalties and travel perks totaling $119,626; and investment accounts increasing by $794,369.

Disclosures show $794,369 in gains in the Fauci stock, bond, and money market portfolio during 2020. The total value of Dr. Fauci’s investment account was $8.4 million and his wife’s investments totaled another $2.1 million.

These funds were held in a mix of trust, retirement, and college education accounts. Fauci has an IRA worth $638,519 (up $42,291); a defined benefit brokerage account totaling $2,403,522 (up $241,418); and a revocable trust worth $5,295,898 (up $342,694). His wife’s revocable trust is worth $1,962,819 (up $156,123) and an IRA totaling $120,277 (up $11,843)."

[Clownkicker]

So when are you going to post the "interesting" part of your story, johnny?

[johnforbes]

Well, I'm fascinated by investments and by the intersection of power and money.

On the other hand, I respect Clownslacker's net worth, which as of this posting stands at an impressive $1.938.18.

[Clownkicker]

So I guess the only "interesting" thing in your initial post is that Senator Marshall is exposed as a moron.

Okay, that's slightly interesting. I give you that one.

[johnforbes]

Thanks to Clowntoker for concurring with every statement posted above by the estimable Mr Forbes

[Clownkicker]

Yes, johnny, I concur that simpletons like you are "fascinated" by Fauci's investments, Facebook gossip, and People Magazine.

If you don't have irrelevant, 'exciting' partisan canards to occupy your silly pea brain, you don't know what to do with yourself.

[johnforbes]

It is very interesting how people invest because it indicates their true feelings.

Liz Warren, for example, does a lot of preaching against capitalism, but at least a few years ago had 8 million in the stock market.

Both Fauci and his wife are civil servants. He makes about 400k per yr and his wife about 170k.

For them to have assembled 10 million in investments plus a nice house refects on their discipline and lack of wasteful habits plus their faith in capitalism (which is, as laissez faire showed, in large measure about freedom).

And why do we know about the financial disclosures of such people -- because of the potential for conflicts of interest and the legislation requiring such disclosures.

Nothing in this post is political.