Monday, July 24, 2006

Get elected, get rich?

Since Rod Blagojevich was elected governor, his family has prospered even if most of the rest of Illinois has been mired in a stagnant state economy.

We will have to wait until October for Rod to file his 2005 federal and state income tax returns and show it to the public. He filed for an extension earlier this year. Since he's become governor, Rod's family income has risen 65 percent.

2003 return -- $227,497 family income.
2004 return -- $375,063 family income.

If Rod's family income increases 65 percent again, that would put it at $618,853 for 2005. One more 65 percent increase and Rod's family income tops $1 million for 2006.

Most of the recent increase has been due to Patti Blagojevich's real estate business. She's apparently a real dynamo, juggling two children, including a toddler, and First Lady duties, as well as a growing stable of real estate clients.

Normally, some might be concerned that a First Lady's real estate business might intersect with state government or her husband's political campaign. Not me. That's because we have a governor "who does things right" and has extensive experience in putting a "system in place" to ensure proper conduct.

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