“How do you increase your net worth by 69 million dollars while you’re working full-time as a Senator?” That’s the question Rolling Stone reporter Matt Taibbi asked about Senator Bob Corker (R-TN) on Friday. Neither Taibbi nor Rolling Stone are fans of Corker (or of President Trump, Republicans, or conservatism in general). And Rolling Stone has had problems of its own, recently, as has Taibbi. Nonetheless, Taibbi puts a fine point on what many political watchers across the Volunteer State have been asking for years. Federal campaign contributions and lobbying data tracker Open Secrets has perhaps the most jaw-dropping illustration of Corker’s rise to wealth. As Rolling Stone’s Taibbi writes, “Corker didn’t just enter the Senate without any money. He entered it carrying, according to his own disclosure forms, a mountain range of huge loans.” Setting the stage for his ‘promotion’ from Chattanooga Mayor to U.S. Senator, Taibbi writes of Tennessee’s junior senator: Corker took office in January, 2007, during the last gasp of the Bush/Rove political juggernaut. The Iraq war had gone south and the Republicans had just been routed in midterms. The financial crisis was just around the corner. And nobody paid attention to the smooth-talking freshman Senator from Tennessee, who turned…
Read the full storyQuestion Posed: How Did Bob Corker Go from ‘Dead Broke’ to $69 Million Net Worth During 11 Years in U.S. Senate?
