Tuesday, May 29, 2007
Romney is Generous?
Republican Mitt Romney stated that if he were elected president, he would his Presidential salary of $400,000 a year, to charity. While Governor, he declined his salary of $135,000. Of all the candidates, Romney is the wealthiest with assets estimating from $190 million to $250 million. Romney was a venture capitalists and made good choices in investing his money. As a devout Mormon, he is required to donate 10% of his salary to the Church of Latter-day Saints to be in good standing with the church. I guess he's used to donating money to organizations and quite frankly, it doesn't seem like he needs the money anyways. It just goes to show how some gestures from candidates make them stand out more than others. As an elected official, it seems somewhat obligatory for one to give up their salary. The public wants someone for their leadership, not someone who does it for the money. If you think about it, everyone who runs for an office, is somewhat well off anyways. They usually have enough money to fund their own campaign and has something to fall back on after. Other candidates were probably thinking the same, but Romney was fastest to get on the ball.
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