{"id":26676,"date":"2012-01-03T01:09:57","date_gmt":"2012-01-03T06:09:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26676"},"modified":"2012-01-03T01:09:57","modified_gmt":"2012-01-03T06:09:57","slug":"lazy-portfolios-lose-to-senators%e2%80%99-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2012\/lazy-portfolios-lose-to-senators%e2%80%99-hedge-fund.html","title":{"rendered":"Lazy Portfolios lose to Senators\u2019 hedge fund"},"content":{"rendered":"<p id=\"\">MarketWatch &#8211; \u201cWhile millions of Americans saw their incomes decrease, their job opportunities dissipate and their home values drop as the economy dipped,\u201d reports ABC News, \u201cthe 535 men and women they elected to represent them in the U.S. Congress were not only shielded from the economic downturn but gained during it.\u201d<\/p>\n<p id=\"\">Yes folks, more evidence of the growing class warfare between the Super Rich 1% and the other 99% of Americans: \u201cThe average American\u2019s net worth has dropped 8% during the past six years, while members of Congress got, on average, 15% richer, according to a New York Times analysis of financial disclosure. The median net worth of members of Congress is about $913,000, compared with about $100,000 for the country at large.\u201d<\/p>\n<p><a href=\"http:\/\/www.marketwatch.com\/story\/lazy-portfolios-lose-to-senators-hedge-fund-2012-01-03?reflink=MW_news_stmp\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MarketWatch &#8211; \u201cWhile millions of Americans saw their incomes decrease, their job opportunities dissipate and their home values drop as the economy dipped,\u201d reports ABC News, \u201cthe 535 men and women they elected to represent them in the U.S. Congress [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26676","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26676"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26676\/revisions"}],"predecessor-version":[{"id":26677,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26676\/revisions\/26677"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}