"Robert F. Tatman" wrote:
>
> Is it really possible to campaign against the system while personally
> profiting from it?
Yaeh sure why not?
J2
> =====================================================
> http://web.philly.com/content/inquirer/2000/06/19/national/NADER19.htm
>
> Monday, June 19, 2000
>
> ---------------------------------------------------------------------------
> -----
>
> Ralph Nader's worth is nearly $4 million
>
> ASSOCIATED PRESS
>
> WASHINGTON - Green Party presidential contender Ralph Nader, a longtime
> consumer advocate and critic of corporate America, is worth millions of
> dollars, thanks to investments in high-tech companies, according to
> published reports.
>
> For years, he refused to reveal even the slightest personal financial
> information. But Nader, who expects to become the Green Party's nominee for
> president this weekend, discussed the topic in interviews with the Baltimore
> Sun and Washington Post, detailing personal assets approaching $4 million.
>
> He also disclosed financial information in a report filed with the Federal
> Election Commission.
>
> Nader was unavailable for further comment yesterday.
>
> The Sun reported Saturday that Nader earned more than $512,000 over the last
> 16 months, mostly in speaking fees. The newspaper also said Nader's personal
> holdings were conservatively valued at more than $3.9 million, including a
> stock portfolio heavy on high-tech holdings.
>
> He has nearly $1.2 million in stock in Cisco Systems, an Internet networking
> company. He also owns smaller amounts of five other technology-related
> stocks and has more than $2 million in two money market funds, the
> Washington Post reported yesterday. He listed no debts. Nader, 66 and
> unmarried, rents an apartment in Washington, and does not own a car or real
> estate.
>
> Nader said he did not take a salary from any of the public-advocacy groups
> he founded during his career as a champion of consumer rights, and lives on
> just $25,000 a year.
>
> In campaign speeches, Nader rails against the concentration of wealth and
> power by corporate America. But he makes no apologies for his own wealth,
> saying he could have been even richer had he not been funneling 80 percent
> of his earnings back into civic projects.
>
> "I'd like to set an example that people who have means should use those
> means to better society," he told the Post.
>
> Among the self-financed projects he cited are efforts to organize Public
> Interest Research Groups on college campuses. He also has started research
> centers devoted to health and safety, has worked on behalf of American
> Indian rights, child protection and solar energy education.
>
> His running mate, Winona LaDuke, is an American Indian activist.
>
> Other organizations he founded include Public Citizen and the Center for
> Auto Safety.
>
> Despite what appears to be a new openness forced by his long-shot
> presidential bid, Nader told the Post he would not release his personal
> income tax forms.
>
> "Assuring privacy rights for all Americans has been one of my active
> engagements for many years," he said.
>
> © 2000 Philadelphia Newspapers Inc.
>
> ================================
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