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R. David Steele wrote:
The Bush family does not even begin to have the wealth that Senator Edwards (D-NC) has (over $50 million). And Sen. Kerry (D-MA) has ten times that ($500 million). I can't speak to Edwards or Kerry but it seems that the Bush family's money has very deeep roots that mean at least amount as the bank bank balance; See American Dynasty: Aristocracy, Fortune, and the Politics of Deceit in the House of Bush by Kevin Phillips Kerry is very old money, as he is a Bonesman like Bush. Kerry may be a member of Skull and Bones, as is Bush, but he's miles from old money. His grandfather was a Czech Jew named Fritz Kohn, who changed his name to Frederick Kerry in 1902 while a Czech citizen, and emigrated to the US three years later as Frederick Kerry. He committed suicide in 1921 apparently for financial reasons, which suggests that there was no family money back then. Kerry's father was in the Foreign Service, which is not known for providing its employees with excessive salaries. So, old money? It hardly seems likely. If, as he himself says, he always considered himself comfortably well off while he was growing up, that probably would have been a testimonial to the frugality with which his parents managed their accumulated resources rather than inherited wealth, as most old money is usually acquired. George Z. |
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