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“The Millionaire Next Door” in the the U.S. Senate

By Thomas J. Stanley on Dec 14th, 2010 in Current Events

According to Jason Boog, on Galleycat.com, U.S.
Senator Bernie Sanders (Vermont-I) delivered a long
filibuster last Friday in opposition to the tax compromise
between the Republicans and the Obama administration. 
Apparently, Senator Sanders is a fan of The Millionaire Next
Door: 

I love the book, The Millionaire Next Door.  It
talks about how it is a myth that most millionaires in
America have inherited their money.  The fact is, we
have created such a great country over 250 years.  We
have actually found the way for poor people to go from
nothing to huge wealth and to create a life-changing
opportunity for their children and grandchildren.  We
celebrate it, write movies about it, and our libraries are
full of books about it.  There is nothing wrong with
that.

Perhaps all of the lawmakers in Washington should read The
Millionaire Next Door.  Then they might emulate the
frugal and economically productive nature of the people about
whom I study and write.  Our government should
learn how to live below its means.

4 responses to ““The Millionaire Next Door” in the the U.S. Senate”

  1. Michael F says:

    a strange thing for Sanders, an outspoken socialist, to say about gaining wealth.
    http://en.wikipedia.org/wiki/Bernie_Sanders

    seems to me he’d be very against the theme of Millionaire Next Door (fantastic book) which seems to be one of rugged individualism.

  2. zack b. says:

    I couldn’t agree more with this post. There is no way the wealthy in America would have gotten where they are today if they were to deficit spend like our government continually does. If I had the funds I would send a copy of the book to each member of congress and ask them each to write a book report on it!

    I am curious as to how many members of congress already have the book?

  3. October says:

    Bernie Sanders would still need some people in America to be wealthy in order to redistribute it.

  4. Bill Stewart says:

    Wow. I’m not sure how to take an endorsement from this person… Its like getting a thumbs up from Chavez…

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