18 October 2005

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?

No comments: