Abraham Lincoln

The Wealthiest And The Poorest Presidents

The American Presidents have varied greatly in wealth acquired or inherited in their lifetimes.

Some were born poor, such as Andrew Johnson, Richard Nixon, and Bill Clinton, due to family circumstances, with Clinton and Nixon acquiring wealth in their lifetimes, but Johnson would still be the seventh poorest President at death, according to statistics.

Materials gathered by scholars have led to conclusions on the net worth of our 44 Presidents, including their post Presidential years.

Easily, at least by the knowledge we have now, Donald Trump is likely the wealthiest President, although subject to change by further Congressional investigation of Trump’s finances, sure to come in the 116th Congress by congressional subpoenas. By estimate, Trump is wealthier than all the other 43 men who have been President of the United States.

After Trump, probably John F. Kennedy, had he not been assassinated, would have inherited close to $1 billion later in his life.

Other than Trump and Kennedy, George Washington would be considered the wealthiest President, in modern terms, around $580 million.

Behind him would be Thomas Jefferson ($234 million); Theodore Roosevelt ($138 million); Andrew Jackson ($131 million); James Madison ($112 million); and Lyndon B. Johnson ($108 million), with all those numbers being estimates.

Other Presidents who had substantial estimated wealth would include Herbert Hoover ($82 million; Bill Clinton ($75 million); Franklin D. Roosevelt ($66 million); and John Tyler ($57 million). Clinton acquired most of his wealth post Presidency by speeches and authored books, and will likely rise much higher if he lives a long life.

At the other end of the scale, we had 13 Presidents who had $1 million or less wealth by all estimates, in 2016 dollars, including in ranked order:

William McKinley

Warren G. Harding

James Buchanan

Abraham Lincoln

Andrew Johnson

Ulysses S. Grant

James A. Garfield

Chester Alan Arthur

Woodrow Wilson

Calvin Coolidge

Harry Truman

Notice that the bulk of these Presidents served in the years from Buchanan to McKinley, the last half of the 19th century, a total of seven out of eleven Presidents.

The three Presidents from Wilson through Coolidge also are on this list, and Harry Truman ends up as the least prosperous President at his death, as compared to Andrew Johnson the poorest at birth.

Barack Obama is rated just below John Tyler at number 13 on the wealth list at an estimated $40 million, with potential over a long lifetime to become one of the top few wealthiest Presidents by speeches, books, and other activities due to the stature and prestige of being a former President in modern times.

Other Presidents are rated in the middle on wealth, such as George W. Bush at $39 million; George H. W. Bush at $26 million; John Quincy Adams at $23 million; John Adams at $21 million; Richard Nixon at $17 million; Ronald Reagan at $14 million; Dwight D. Eisenhower at $9 million; and Gerald Ford and Jimmy Carter at $8 million each.

Iowa Congressman Steve King Just The Tip Of The Iceberg, As Donald Trump Is The More Significant White Supremacist And White Nationalist

The decision of the House Republican leadership, led by Minority Leader Kevin McCarthy, to condemn Iowa Congressman Steve King and strip him of his committee assignments, is a lame and belated acceptance of the Republican Party of how racist and nativist King has been for years, with the GOP tolerating him and his promotion of white supremacy and white nationalism.

He is not the only Republican who has shown evidence of racism and nativism, and many Republicans are now worried about the long range future of the party of Lincoln, TR, Ike, Reagan, and H W Bush.

The party has catered to white supremacists and white nationalists for years, taking over that role from the old former Southern segregationists who, thankfully, abandoned the Democratic Party after the passage of the Civil Rights Act under President Lyndon B. Johnson in 1964.

There should be no place for such racism and nativism in any establishment political party in America, but Donald Trump paid homage to them after the violence in Charlottesville, Virginia in 2017, when he said both sides in the conflict had good people, which was a sign he was allied with David Duke, Richard Spencer, and the right wing radio talk show hosts that spew such hatred regularly.

Until and when the Republicans in Congress in the House of Representatives and Senate repudiate the ultimate racist, nativist, hate monger, and misogynist—DONALD TRUMP—which they refused to do to this moment, then the action taken against Steve King is pure hypocrisy, to save their own rear ends.

The Republican Party is dead in the water as a future force until they return to the progressive trends of Lincoln and TR, the true paragons of virtue in their party history.

The Most Diverse Congress In American History

The 116th Congress, which opened on Wednesday, is the most diverse in American history.

It contains the following in the House of Representatives, “the people’s branch”:

102 women

52 African Americans

39 Hispanic-Latino Americans

20 Asian Americans

34 Jewish Americans

2 Native Americans

2 Muslim Americans

Most of these groups are Democrats, with only a scattering of Republicans among them.

So we have a very diverse Democratic Party, and a heavily white Christian male Republican Party.

The future is in the hands of the Democrats long term, and if the Republican Party does not become more diverse and back away from the cancer of Donald Trump, the party of Lincoln, TR, Ike, Reagan, and Bush will end up in the dustbin of history, to be replaced by a moderate conservative party under a different banner and agenda.



The Centennial Of The Death Of Theodore Roosevelt

Today marks the Centennial of the death of the 26th President of the United States, Theodore Roosevelt.

Although TR passed away at the young age of 60, he had led a life few people, and few Presidents, had led.

He had run for Mayor of New York City at the young age of 28 in 1886. He had been the head of the NYC Police Board in 1895-1897, the equivalent in modern terms of being Police Commissioner. He had been Assistant Secretary of the Navy in 1897-1898, and then at age 39 had led troops into battle (The Rough Riders) in the Spanish American War in the spring and summer of 1898, becoming a war hero. He had then, immediately after his war service, been elected Governor of New York in the fall of 1898, followed by becoming Vice President at the young age of 42 in 1901.

And then, fate would have it that President William McKinley would be assassinated in September 1901, making TR our youngest President at 42 years and 10 and a half months, with TR being a path breaking President for the next seven and a half years. He would expand the authority and scope of the Presidency, and become a model for many future Presidents.

TR would become the greatest environmental President, and promote the growing role of the federal government in American life, and advocating “progressivism”, proclaiming he was proud to call himself a “progressive”, and ushering in what has become known in American history as the “Progressive Era” years from 1900-1917.

TR would bring America also into world diplomacy and naval supremacy, with his winning the Nobel Peace Prize in 1906 for negotiating the end of the Russo Japanese War at Portsmouth, New Hampshire, and his manipulation that led to the building of the Panama Canal.

TR was larger than life, and promoted newspapers and periodicals across the nation to send White House correspondents to follow the statements, actions, and antics of the 26th President. He was always the center of attention, in and out of office, as he craved public adulation. He has been regarded by historians and political scientists, on a consistent basis, as a “Near Great” President, as number 4 in scholarly polls over the long haul, just behind three “Great” Presidents–Abraham Lincoln, George Washington, and Franklin D. Roosevelt.

TR’s impact on the nation has been massive and will continue to be so, and only Lincoln is rated higher as a Republican President in American history. And it is clear that TR would be shocked, were he to return and see the conservative swing of the party in the past four decades since Ronald Reagan, and the extremist and dangerous trend of Donald Trump in the past two years. It seems certain that TR would be on the barricades protesting the great damage done to the Presidency by the 45th President, who has set out to destroy everything the 26th President brought about in the early 20th century.

Democrats Must Save America From Donald Trump In 2019: Major Challenge Ahead

The year 2019 has arrived, and the newly minted Democratic House of Representatives majority has a major challenge ahead: to confront President Donald Trump, not be bullied by him, investigate and pursue all evidence of illegality and executive abuse of power, and hold him accountable.

This is an urgent matter, as Trump is a threat to constitutional order, economic stability, social justice, and national security.

The various House committees will now be aggressive in finding out the truth about Russian collusion, obstruction of justice, abuse of power, violation of the Emoluments Clause of the Constitution, the Trump family corruption, the Trump cabinet and advisers corruption, and human rights violations against immigrants, women, children, and people of color.

The multitude of Democrats pursuing the Presidency must show they are tough and will not wilt under the constant Twitter attack of our bully President, and must hit back as hard as they are pursued by a President who acts more like a Mafia boss, rather than a role model for our children.

Fireworks will be the greatest they have been in our history, and if the Republican Party decides to sit on the sidelines and cooperate with our law breaking President, then the future of the party of Lincoln, TR, Ike, Reagan, and HW Bush is sealed as facing a natural death, as voters will not tolerate a party with no guts, who supports an authoritarian minded dictator.

American democracy is at stake, and heroism and courage are demanded, not only from Democrats, but from whatever Republicans have any principle left.

The Struggle Of Donald Trump With Chief Justice John Roberts More Dangerous Than Earlier Challenges Of Presidents To Supreme Court Chief Justices

Donald Trump has challenged Chief Justice John Roberts and the Supreme Court, just as he has challenged every other institution of government, but Chief Justice John Roberts seems well prepared to deal with Trump, if and when he gets out of hand.

It is certainly a dangerous struggle, as Donald Trump has an authoritarian bent unlike any earlier President, but it seems clear that Roberts is ready to do what must be done to keep the President within the Constitution.

Earlier in history, there were major confrontations of Thomas Jefferson and Andrew Jackson with Chief Justice John Marshall; Abraham Lincoln with Chief Justice Roger Taney; Franklin D. Roosevelt with Chief Justice Charles Evans Hughes; Dwight D. Eisenhower and Richard Nixon with Chief Justice Earl Warren; Richard Nixon with Chief Justice Warren Burger; and Barack Obama with Chief Justice John Roberts.

But Trump has demanded that the court system favor him in all of his executive orders, and other executive actions, but the Court has refused to back him on a regular basis, leading Trump to say that there are Clinton Judges, Obama Judges, and Bush Judges, but Roberts responding that there are no such descriptions, as all are dedicated to the rule of law, a true rebuke of the President.

On a recent executive order to deny asylum automatically to those who seek it, the Court ruled 5-4 against it, with Roberts joining the four Democratic appointments on the Court, and he has earlier upheld ObamaCare in 2012, and at other times, has sided against conservatives.

It is clear that Roberts sees the Supreme Court as “his Court”, and is concerned about the reputation of the Court long term, so one can be assured that if a case comes up against Trump trying to grab too much power, that he will, likely vote against him, as the entire Court, including three Nixon appointees, voted against him in US V. Nixon of 1974, and when the Court, including two Clinton appointees unanimously voted against Clinton in the Clinton V. Jones Case of 1997.

44 Retired US Senators Speak Out On Constitutional Crisis, Including Principled Republicans

The Washington Post published two days ago an op-ed editorial by 44 retired US Senators, calling on the present members of the Senate to show guts and courage and speak up to defend democracy and the Constitution, from the threats presented by President Donald Trump.

Eleven of those 44 were Republicans, of all stripes and beliefs, including Ben Nighthorse Campbell of Colorado; William Cohen of Maine; Alfonse D’Amato of New York;  John Danforth of Missouri; David Durenberger of Minnesota; Chuck Hagel of Nebraska; Richard Lugar of Indiana; Larry Pressler of South Dakota; Alan Simpson of Wyoming; John Warner of Virginia; and Lowell Weicker of Connecticut.

The other 33 were Democrats, including such luminaries as Evan Bayh of Indiana; Bill Bradley of New Jersey; Tom Daschle of South Dakota; Chris Dodd of Connecticut; Russ Feingold of Wisconsin; Bob Graham of Florida; Tom Harkin of Iowa; Gary Hart of Colorado; Bob Kerrey of Nebraska; John Kerry of Massachusetts; Joe Lieberman of Connecticut; Barbara Mikulski of Maryland; Sam Nunn of Georgia; Jay Rockefeller of West Virginia; and Mark Udall of Colorado.

America needs Republicans in the Senate, now 53 of them, to stop defending Donald Trump, and start concerning themselves with the preservation of American democracy.  They need to speak up and challenge and confront Donald Trump and stop accepting his violations of the Constitution.

If they do not, they will  be relegated to the dustbin of history, and the Republican party of Lincoln, TR, Ike, Reagan, Ford, and H. W. Bush will die of lack of principle and commitment.

The Fourth Period Of Six Living Presidents Ends With Death Of George H. W. Bush

We have just seen the end of the fourth time in American history that we have had six living Presidents.

The first time was in 1861-1862, from March to January, a total of about 10 and a half months, when we had President Abraham Lincoln, and former Presidents Martin Van Buren, John Tyler, Millard Fillmore, Franklin Pierce, and James Buchanan, until John Tyler died in January 1862.

The second time was 1993-1994 from January to April, a total of about 15 months, when we had President Bill Clinton, and former Presidents Richard Nixon, Gerald Ford, Jimmy Carter, Ronald Reagan and George H. W. Bush, until Richard Nixon died in April 1994.

The third time, the longest time, was 2001-2004, from January to June, a total of about 40 and a half months, when we had President George W. Bush, and former Presidents Gerald Ford, Jimmy Carter, Ronald Reagan, George H. W. Bush, and Bill Clinton, until Ronald Reagan died in in June 2004.

And now, the fourth and last time, was 2017-2018, from January to November, a total of about 22 and a half months, the second longest time, when we had President Donald Trump, and former Presidents Jimmy Carter, George H. W. Bush, Bill Clinton, George W. Bush, and Barack Obama, until George H. W. Bush died on the last day of November 2018.

The odds of having a fifth period of six Presidents anytime soon seems unlikely, as Jimmy Carter, at age 94, would seem unlikely to have much more life longevity, but if Donald Trump were to be forced out of office, in the next two years, or be defeated, and Carter stayed in good health, it could happen.

Presidents In Conflict With The Judiciary Are Nothing New Historically, But Trump Could Be The Biggest Threat Yet To Our Constitutional System

The conflict of President Donald Trump with the judiciary is not the first time there has been a challenge from a President to the judicial branch.

Thomas Jefferson and Andrew Jackson had regular conflict with Chief Justice John Marshall and the federal courts in the first third of the 19th century.

Abraham Lincoln had vehement disagreements with Chief Justice Roger Taney in the era of the Civil War.

Theodore Roosevelt and Woodrow Wilson both found the Supreme Court as standing in the way of progressive reform in the early 20th century.

Franklin D. Roosevelt was so frustrated by a conservative Supreme Court negating important legislation of the New Deal in the mid 1930s, that he proposed the idea of adding six new Justices to the Court in 1937. This came to be known as the “Court Packing” plan, and was soundly defeated, including by members of his own Democratic Party.

Richard Nixon had issues with the rulings of the Earl Warren Court before he was President, and the continued Warren influence on the Court under his successor, Warren Burger. And, Nixon was stopped dead in his tracks in US. V. Nixon in 1974, forcing him to hand over the Watergate Tapes to the Special Prosecutor, Leon Jaworski, leading him to resign the Presidency in August 1974.

Barack Obama was critical of the John Roberts Court on its conservative decisions early on in his Presidency in 2010.

And now, Donald Trump has unleashed what many consider the strongest challenge to the whole federal judiciary, alarming many constitutional experts as far more dangerous and threatening to the checks and balances of the Constitution and the separation of powers.

It is clear that Trump has declared war on the judiciary, but it could be that the Roberts Court will smack back at him when cases regarding his abuse of power make it to the Court, so Trump may be “hoist by hid own petard”, and regret the attacks he has made on the whole court system.

Two Potential Democratic Presidential Contenders For 2020 From The Midwest: Sherrod Brown And Amy Klobuchar

The importance of the Midwest in presidential elections has always been something to realize, and ever more so after Hillary Clinton lost Michigan, Wisconsin, and Iowa in 2016.

Many think had she chosen Ohio Senator Sherrod Brown, then she might have won those states, along with Pennsylvania, enough to swing the Electoral College.

So, therefore, much attention is being paid to two Midwestern Democratic Senators, both easily reelected in the Midterm Elections of 2018, as potential Democratic Presidential nominees.

One is the same Sherrod Brown, who never thought of himself as a future President, but is now seriously thinking about it. He is giving interviews where he makes clear that he is seriously considering a run for the White House, and is seen as someone that should not be ignored as a serious candidate if he runs.

Brown has been a member of the Senate for 12 years, and before that, of the House of Representatives for 14 years, after having served as Ohio Secretary of State for eight years, and in the Ohio legislature for eight years before that.

He is an unabashed liberal who has had appeal for the working class, something many Democrats have had trouble with, although Joe Biden has been of similar vein. Brown would be 68 in 2020, a full decade younger than Joe Biden, and Ohio has been a crucial state in presidential elections, with six Ohioans elected President between 1868 and 1923, and Ohio being a state every elected Republican President has won from Abraham Lincoln through Donald Trump.

Also reelected to a third term in the Senate is Amy Klobuchar of Minnesota, a inheritor of the Democratic-Farmer-Labor tradition of Hubert Humphrey, Eugene McCarthy, Walter Mondale, and Paul Wellstone. Klobuchar was Hennepin County (Minneapolis) Attorney from 1998 to 2006,and gained a reputation as a tough prosecutor, before her election to the Senate. She has sponsored or cosponsored 98 pieces of legislation, more than any other Senator. She is seen as bipartisan, able to work “across the aisle”, and has a good public image, but not as controversial as Elizabeth Warren or Kirsten Gillibrand, other women thought to be likely to announce for President.

This author has particular feelings of support of Klobuchar for the Presidency, and think she has an excellent chance of being the Democratic nominee for President in 2020, and is more likely to gain support of white working class males, more than Warren, Gillibrand, or Kamala Harris of California. She would be 60 years of age at the time of the Presidential Election of 2020.

Both Brown and Klobuchar are solid possibilities for the Presidency, and are from the “heartland”, rather than the Atlantic and Pacific Coastlines.

So when assessing the upcoming Democratic Presidential race, do NOT dismiss Sherrod Brown nor Amy Klobuchar.