Here's a question that hasn't been raised yet: If Harriet Miers is so smart, why isn't she rich? Based on her personal financial disclosure statement, her investible net worth is $545,000, tops. This might seem respectable, but think about it: she's sixty years old, unmarried, no kids, one of the top lawyers in the country, former partner at her law firm, and a Republican, for chrissake. Shouldn't she be a millionaire by now? I mean, I was disappointed that John Roberts didn't own any index funds, but compared to Miers—who owns one stock, a lot of cash in a money market fund, some Treasury bonds, and some oil and gas interests—he's Warren Buffett.
Apparently the business community thinks that Miers is just great. What are they thinking?
18 October 2005
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