January 24, 2008

No Person except a natural born Millionaire

The U.S. presidency is an expensive office to purchase. How expensive? Ask Mitt Romney:
[S]ome in his camp say they expect him to spend $40 million to $50 million on his effort to secure the nomination.
Of his own money. Just to get nominated.

Romney's assets are reported to be valued in the neighborhood of a quarter of a billion dollars so really, $50 million is pretty much just walking around money for Mitt. But the higher end of Mitt's camp's estimate would put paupers like John Edwards and Rudy Giuliani on federal assistance.

Here's a not unreasonable interpolation to the United States Constitution, Art. II, Sec. 1, Cl. 4:
No person ... shall ... be eligible to that Office [of the President] who shall not have attained to the net worth of thirty five million Dollars.
It's funny 'cause it's true.

h/t Washington Babylon.

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