Friday, February 09, 2007

I found this tidbit in this cbs article about the draft Al Gore movement to be quite interesting: "due to a range of business ventures, aides have said Gore could spend as much as $50 million of his own money to launch a credible presidential run."

The question becomes how does someone accrue that kind of money so quickly? It seems quite suspicious. Many politicians cash in on their post political career by giving speeches, writing books, becoming CEOs, consultants, partners in law firms, etc.

Former politicians like Giuliani, simulatenously do all of these things and make a ton of money. For the most part, there is not too much wrong with this. After all, quite a number of these politicians passed on lucrative private sector careers to serve the public. Although granted Al Gore was much more sanctimonious than most. Remember his "people versus the powerful message"?

Be that as it may, Gore is not a CEO of a major company, is not a partner in a law firm, his movie proceeds were supposed to go to charity, so one wonders what he has done to earn $50 million dollars. Sitting on the boards of Apple (where possible criminal wrongdoing took place) and Google as well as making some speeches for money, would not seem to net in excess of $50 million dollars.

Hopefully, some more facts will come to light.

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