• His disclosures, both from his final year in Congress and his time as Minnesota governor, also show no mutual funds, bonds, private equities, or other securities.
  • No book deals or speaking fees or crypto or racehorse interests.
  • Not even real estate. The couple sold their Mankato, Minnesota, home after moving into the governor’s mansion, for below the $315k asking price).
  • pivot_root@lemmy.world
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    3 months ago

    But, again, why bother throwing away his good image of being a politician without anything incentivizing self-interests when he’s already set for life? If the guy lives another 25 years, and assuming the value of his $200k/year pension stays the same while the purchasing power of it is reduced to 1/1.332.5 (or about 50%), he effectively gets the equivalent of $100k a year in today’s money. That’s still going to be plenty to live comfortably.