Zachary Taylor

American Presidents And Wealth Estimates In 2015!

An update on the net worth of America’s Presidents, their total wealth at time of death, or for the living Presidents, what it is as of 2015, including inflation as a factor, reveals the following:

John F. Kennedy was the wealthiest President, worth within the range of $125 million to possibly $1 billion!

Due to this uncertain range, George Washington might be the wealthiest at $525 million.

The other Presidents over $100 million in net worth are:

Thomas Jefferson $212 million

Theodore Roosevelt $125 million

Andrew Jackson $119 million

James Madison $101 million

Five Presidents over $50 million up to $98 million include:

Lyndon B. Johnson $98 million

Herbert Hoover $75 million

Franklin D. Roosevelt $60 million

Bill Clinton $55 million

John Tyler $51 million

The next six Presidents are worth between $20 million and $27 million, as follows:

James Monroe $27 million

Martin Van Buren $26 million

Grover Cleveland $25 million

George H. W. Bush $23 million

John Quincy Adams $21 million

George W. Bush $20 million

The next five Presidents are worth $10 million to $19 million, as follows:

John Adams $19 million

Richard Nixon $15 million

Ronald Reagan $13 million

Barack Obama $12 million

James K. Polk $10 million

The next ten Presidents are worth between $2 million and $8 million, as follows:

Dwight D. Eisenhower $8 million

Gerald Ford $7 million

Jimmy Carter $7 million

Zachary Taylor $6 million

William Henry Harrison $5 million

Benjamin Harrison $5 million

Millard Fillmore $4 million

Rutherford Hayes $3 million

William Howard Taft $3 million

Franklin Pierce $2 million

The remaining 11 Presidents are worth between under $1 million up to less than $2 million, in the following order:

William McKinley

Warren G. Harding

James Buchanan onward are each worth less than $1 million downward, with Truman the poorest.

Abraham Lincoln

Andrew Johnson

Ulysses S. Grant

James A. Garfield

Chester Alan Arthur

Woodrow Wilson

Calvin Coolidge

Harry Truman

Many of the early Presidents were landowners and slave owners, and were, therefore, extremely wealthy.

The Presidents of the middle and late 19th century were mostly quite poor, including those who were military generals.

Presidents since 1929 have been generally much wealthier in most cases.

Many Presidents in modern times have become wealthy through speeches and writings.

Bill Clinton has the potential to become of the wealthiest Presidents in American history as time goes by, and more so, if his wife, Hillary Clinton, becomes President! The long term potential for Barack Obama is also for great wealth over his lifetime, leaving office at age 55!

College Education And The Presidency In 21st Century America: Is It Necessary? YES!

Today, in 2015, approximately 31 percent of adults over 25 have at least a four year college degree as part of their credentials. This is an all time high.

In American history, all but eleven Presidents have had at least a four year college degree, much of the time when only a sliver of Americans had such a degree.

A college education does NOT guarantee success; does NOT guarantee excellence in one’s occupational pursuits; does NOT make any person automatically “better” than those without a college education!

What does a college education do that is beneficial?

It promotes the growth of critical thinking skills; it promotes empathy and compassion for those less fortunate; it promotes ability to analyze and evaluate materials; it promotes intellectual inquiry and curiosity, which is a good thing; it promotes ability to interpret events and happenings with a background of knowledge; it promotes tolerance and open mindedness!

Should not one, therefore, expect that a President of the United States have, at the least, a four year degree that has promoted these values?

Yes, George Washington and Abraham Lincoln did not have a college education, but that was 225 and 150 years ago, in a much less complex world than we have now!

Yes, Grover Cleveland, William McKinley, and Harry Truman did not have a college education, but they all were highly motivated to learn, to read books, to have intellectual curiosity.

Would not Andrew Jackson, William Henry Harrison, and Zachary Taylor, all military figures, have gained a more tolerant attitude if they had had more education, and maybe not killed as many Native Americans?

Would not Andrew Johnson have learned to work better with people and been more tolerant toward African Americans if he had had some more education?

Would not Martin Van Buren and Millard Fillmore have gained, also, by some more education? Ironically, despite lack of education, Fillmore founded the State University of NY Buffalo institution, which at least demonstrated his understanding of the value of higher education!

So with this background on Presidents and education, should it matter that Wisconsin Governor Scott Walker dropped out of college at Marquette University in Milwaukee, in his senior year, and never finished his college degree, all for a job opportunity?

The answer is YES, as just because one takes on a job, does not mean one cannot finish a college degree, as many millions of others have done!

It is an issue of steadfastness, of dedication, of the old adage: “Finish what you start!” The extra effort required to finish is always worth it, as finishing a degree is a major accomplishment! If a politician wishes to be President, therefore, it should be expected that he shows persistence and commitment to follow through on any commitment he makes in life! He is not just one of us, where two thirds have not gone to or finished college. He is supposed to be the “best among us”, a figure we can look up to, and our children can see as a model!

Under those parameters, Scott Walker should not become President, without even mentioning his innumerable shortcomings, otherwise! He has failed a basic test of Presidential leadership!

Presidents And Age: An Issue For 2016!

Historically, Americans have tended to vote for a President who is younger than his predecessor, sometimes dramatically so, as with John F. Kennedy after Dwight D. Eisenhower (27 years difference); as with Bill Clinton after George H. W. Bush (22 years difference); as with Barack Obama after George W. Bush (15 years difference); and as with Jimmy Carter after Gerald Ford (11 years difference).

In fact, only the following Presidents were older than their predecessors: William Henry Harrison, Zachary Taylor, James Buchanan, Chester Alan Arthur, Benjamin Harrison, William Howard Taft, Woodrow Wilson, Lyndon B. Johnson, and Ronald Reagan. And only W. H. Harrison, Taylor, Buchanan, Lyndon B. Johnson, and Reagan were five years or more older than their predecessors.

But now, in 2016, we are likely, almost certainly, to elect a President who will be substantially older than Barack Obama. This includes Joe Biden, Bernie Sanders,Jim Webb, Hillary Clinton, Elizabeth Warren, Jeb Bush, John Kasich, Carly Fiorina, Dr. Benjamin Carson, Rick Perry, Rick Santorum, Lindsey Graham, Mike Pence, Rick Snyder, Jon Huntsman and Mike Huckabee, a total of 16 potential candidates.

The odds of a younger President than Barack Obama are quite low, including Chris Christie, Rand Paul, Andrew Cuomo, Martin O’Malley, Scott Walker, Marco Rubio, Bobby Jindal, and Ted Cruz, a total of 8 potential candidates.

This oddity makes one wonder if the younger generation (under 45) will be as motivated to vote, as they are, naturally, attracted to comparative youth, as John F. Kennedy, Jimmy Carter, Bill Clinton, and Barack Obama represented, when they were elected, and with the extra appeal of being, respectively, the first Catholic (JFK); the first two Southern governors (Carter and Clinton); and the first African American (Obama).

Are We Entering An Age Of Older Presidents?

In American history, we have had only five Presidents who were 64 or older in office when inaugurated—Ronald Reagan, William Henry Harrison, James Buchanan, George H. W. Bush, and Zachary Taylor.

An additional five Presidents were ages 60-63 when inaugurated: Harry Truman, Gerald Ford, John Adams, Andrew Jackson, and Dwight D. Eisenhower, but Truman and Ford were not elected at that age, but instead succeeded to the Oval Office.

This means 33 of our 43 Presidents were younger than 60 when being inaugurated President, with 24 in their 50s, and 9 in their 40s, and with Grover Cleveland in his 40s for his first term, and 50s for his second nonconsecutive term. The nine Presidents in their forties were, at the time of inauguration: James K. Polk and James A. Garfield (49); Franklin Pierce (48); Grover Cleveland and Barack Obama (47); Ulysses S. Grant and Bill Clinton (46); John F. Kennedy (43); and Theodore Roosevelt (42).

But it is now likely that the next President will be in his or her 60s, or even 70s, at the time of taking the Presidential oath. There are a total of eight potential Republican nominees in their 60s–ranging from, at the time of inauguration as follows: Mitt Romney (69); Rick Perry (66); Dr. Benjamin Carson (65); John Kasich (64); Jeb Bush (63); Mike Huckabee, Rob Portman, and Lindsey Graham (61). Romney and Perry would reach the age of 70 during a first term, and Romney, Perry, Carson, Kasich and Bush would all be in their 70s in a second term.

Meanwhile, the Democrats have four potential Presidential nominees who will be in their seventies when they would take the oath of office—Jerry Brown (78); Bernie Sanders (75); Joe Biden (74); and Jim Webb (70). All four, plus Hillary Clinton (69) and Elizabeth Warren (67) would reach the 70s during a first term, and Mark Warner (62) would reach 70 as well in a second term.

So a total of eight Republicans and seven Democrats would be over 70, either at the time of the inauguration, or within the next four years after, or the next eight years after!

When one realizes that only Dwight D. Eisenhower (70) and Ronald Reagan (77) were actually in the Presidency past their 70th birthday, and Ike was only three months beyond 70, it is clear that we are likely to create new ground, since much of the talent pool is comparatively old, and from the “Baby Boomer” generation born from 1946 onward.

Of course, there are younger Presidential candidates or potential candidates–for the Republicans–Rick Santorum (58); Mike Pence (57); Rand Paul and Chris Christie (54); and in the 40s in 2016, the following: Scott Walker (49); Ted Cruz and Paul Ryan (46); Marco Rubio and Bobby Jindal (45), a total of nine other potential Presidents.

The Democrats have fewer alternatives: in the 50s in 2016 are: Andrew Cuomo (59); Amy Klobuchar (56); Martin O’Malley (54); and Kirsten Gillibrand (50). No one in their forties is seen as a potential Democratic nominee.

So we might end up with the oldest combination of Presidential candidates in American history, with Hillary Clinton and Mitt Romney being front runners for now, and both reaching 70 within months of taking the oath of office!

Presidents, Supreme Court Justices, And First Term Nominations: All But Monroe, FDR, George W. Bush!

This blogger heard the statement of Ralph Nader, a guest on Bill Maher’s “Real Time” HBO show recently, that if only the Democrats had won the 2004 Presidential Election, the Supreme Court would have been dramatically different than it is today!

Present Secretary of State John Kerry lost to George W. Bush, who became only the third President to have to wait until his second term of office to nominate and confirm a Supreme Court Justice! Bush proceeded to select Chief Justice John Roberts and Associate Justice Samuel Alito, who have together had a dramatic effect on Court decisions in a very right wing manner!

Only James Monroe and Franklin D. Roosevelt failed to have a Supreme Court nominee in their first term, and only William Henry Harrison, Zachary Taylor, and Jimmy Carter were unable to make any appointments to the high Court, due to lack of vacancies. Even President James A. Garfield, shot after four months in office, had an appointee to the Supreme Court after two months in office! And FDR may not have had appointments in his first term, but he ended up having a total of nine appointments between 1937 and 1943 over six and a half years!

This is something to keep in mind, the power of the President to affect the Supreme Court’s future, and with the certainty that there will be vacancies on the high Court in the next Presidential term, making the election of a Democrat to the White House, and a Democratic Senate after 2016, ever more urgent!

Eight Presidents Who Had A Major Role In The Military

Many of our Presidents, about two thirds, have served in the armed forces of the United States, but eight were involved in particularly notable roles in the military that stand the test of time.

These are:

George Washington during the Revolutionary War.

Ulysses S. Grant during the Indian Wars, Mexican War, and Civil War.

Theodore Roosevelt during the Spanish American War.

Harry Truman during World War I.

Dwight D. Eisenhower during World War II.

John F. Kennedy during World War II.

Jimmy Carter in the early Cold War years.

George H. W. Bush during World War II.

Other Presidents served of course, and Andrew Jackson, William Henry Harrison, and Zachary Taylor were generals; Rutherford B. Hayes, James A. Garfield, Benjamin Harrison and William McKinley served in the Civil War; and Hayes and Franklin Pierce (in the Mexican War) and Kennedy were wounded. But these eight listed above particularly stand out in their military service of all of the Presidents who served!

The Supreme Court Of 2014 Most Right Wing Since Early 1930s!

The Supreme Court has been controversial at different times in its history, but the present Court of 2014 is considered the most right wing Court majority since the early 1930s!

Since the Warren Court, which began in the 1950s, we have never had such conservative Justices as we have now.

Three of the present Justices are among the most conservative ever to sit on the Court, including Justice Antonin Scalia, Justice Clarence Thomas, and Justice Samuel Alito.

If one adds former Chief Justice William Rehnquist and former Associate Justice Lewis Powell, we have the five most conservative Justice since 1953, a period of 60 years.

Not much behind is Chief Justice John Roberts and Associate Justice Anthony Kennedy, both capable of surprises in their votes and rulings, but still most of the time joining Scalia, Thomas, and Alito.

These seven named Justices were all picked by Republican Presidents–two by Richard Nixon; two by Ronald Reagan, plus his promotion of Rehnquist to the Chief Justiceship; one by George H. W. Bush; and two by George W. Bush.

But also, Republican Presidents have selected Justices who turned out to be quite moderate, and even sometimes liberal, including Chief Justice Earl Warren and Associate Justice William Brennan by Dwight D. Eisenhower; Chief Justice Warren Burger and Associate Justice Harry Blackmun by Richard Nixon; John Paul Stevens by Gerald Ford; Sandra Day O’Connor by Ronald Reagan; and David Souter by George H. W. Bush.

Since 1953, Republicans have controlled the White House for 36 years, while Democrats have had control for 25 plus years, and that has caused the right wing tilt of the Court, which could have been even more so, if not for the surprises presented by the seven “less” conservative, and some “quite liberal” Justices listed in the above paragraph!

So the Republicans have chosen 17 of the past 25 Justices since 1953, with John F. Kennedy picking two, but one (Byron White) turning out to be conservative, and Arthur Goldberg leaving the Court after only three years, due to the urging of Lyndon Johnson that he become United Nations Ambassador. Johnson selected Abe Fortas to replace Goldberg, but he stayed on the Court for only four years, and left the Court under the cloud of scandal. The first African American Justice, Thurgood Marshall, would go on to serve as a champion liberal for 24 years from 1967 to 1991.

Jimmy Carter would have no appointments to the Court in his four years in the White House, the only such situation in the 20th century, and one of only four Presidents to have had no appointments, but the only one to have a full term in the Presidency. The other three Presidents were William Henry Harrison (one month); Zachary Taylor (16 months); and Andrew Johnson (almost a complete term, but so unpopular that the Senate would not confirm any Court appointments in his time in office).

Bill Clinton selected Ruth Bader Ginsburg and Stephen Breyer; and Barack Obama has chosen Sonia Sotomayor and Elena Kagan as his appointments, so far, on the Supreme Court. So note that out of the eight appointments by Democrats in the Presidency, three have been women; five have been Jewish; one has been African American; and one has been Puerto Rican, with only Byron White being a typical white Anglo Saxon Protestant.

The question has now arisen whether Ginsberg, and maybe even Breyer, should retire, and guarantee that Obama could replace them, with the concern that the Senate might go Republican in November, making any Court appointment nearly impossible due to gridlock and stalemate. There is also fear that were the Republicans to win the White House in 2016, which is highly unlikely, that then the Court would be ever more right wing reactionary than it already is.

It is a calculated gamble for Ginsburg and Breyer to remain on the Court for now, but it is not uncommon for Justices to retire at very advanced ages–such as Blackmun at 85 and Stevens at 90!

So do not expect that either will retire, but with a good chance of Democrats retaining the Senate majority in 2014, or regaining it on the back of the Democratic Presidential nominee’s expected major victory in 2016!

The “New” South Vs. The “Old” South

The American South has undergone a lot of change in the past half century since the March On Washington in 1963.

Many Northerners have moved South; many people of African American and Latino heritage have grown up in an environment where segregation and open prejudice is gone: and we have seen Southern Presidents who completely represented a different image of the South.

So we have President Lyndon B. Johnson of Texas, who overcame his past and his heritage, and promoted the Civil Rights Revolution, including the Civil Rights Act of 1964 and the Voting Rights Act of 1965.

We have Jimmy Carter of Georgia, the first Southerner elected from outside since Zachary Taylor in 1848, representing the “New South” Governors elected in 1970, including Ruben Askew of Florida and Dale Bumpers of Arkansas. Carter promoted advancements in civil rights and human rights, and demonstrated then, and right up to this moment, that he is a very principled, decent man.

And we have Bill Clinton, elected Governor of Arkansas, representing the New South tradition after Dale Bumpers had initiated it in Arkansas, and being a major promoter of civil rights and equality during his Presidency, as much as Johnson and Carter.

And we have John Lewis, the only surviving speaker at the March on Washington, now 73 years old, and carrying on the tradition of his mentor, Martin Luther King, Jr. He has been an exemplary Congressman from Georgia, and truly the conscience of the nation on civil rights!

These four gentlemen, three Presidents and a Congressman, represent the best of the “New South”!

The “Old South” was thought to be overcome, particularly over time with the death of Strom Thurmond, Jesse Helms, and others of their ilk.

But as it turns out, the “Old South” mentality has survived even past these two GOP leaders who promoted segregation and hate, as the 2013 Republican Party, with the evil influence of the Tea Party Movement, is working very hard to back track on racial equality, racial progress, racial justice, and using code language to appeal to the bigots and racists who remain in America, whether in the South or Midwest or Great Plains areas of the nation, and hoping to repeal the progress of the past half century.

They do this without shame or embarrassment, and that is what is most troubling, and they even have their talk show hosts on radio and television and cable, who spew forth hateful and divisive propaganda with no apologies–Rush Limbaugh, Glenn Beck, Bill O’Reilly, Sean Hannity et al—and make millions on promotion of hate and division, rather than trying to bring us together and move forward!

So the “Old South” is, ironically, surviving in the party of Abraham Lincoln, Thaddeus Stevens, Charles Sumner and the other principled Republicans of 150 years ago, who fought against the “Old South” and slavery, and would, if they were here today, hold their heads in their hands, and weep over what the Republican Party they loved, has become!

Short Term Retirements Of Six Presidents, And How History Might Have Changed Had They Still Been In Office!

Much more attention is paid to longevity of retirement of America’s Presidents, or those who died in office, than those who died within less than a term after leaving the Presidency.

So it is generally well known that some Presidents have had long retirements, including Jimmy Carter (who keeps on adding to his record of retirement, presently 32 years, seven months and two weeks as of today), Herbert Hoover, Gerald Ford, and John Adams.

And eight Presidents died in office (William Henry Harrison, Zachary Taylor, Abraham Lincoln, James A. Garfield, William McKinley, Warren G. Harding, Franklin D. Roosevelt, John F. Kennedy).

But it is also a fact that five Presidents who retired, died within the next Presidential term, and one died just two days after that next Presidential term ended, so we could have had at least five more Presidents die in office, and likely, due to the stress of the job, a sixth one, as well!

So who are these Presidents who would have died in office had they served another term?

James K. Polk, who died just 103 days after leaving the White House.
Chester Alan Arthur, who died 624 days after leaving the White House.
George Washington, who died 1015 days after leaving the Presidency (The White House was not yet built).
Woodrow Wilson, who died 1066 days after leaving the Presidency.
Calvin Coolidge, who died 1403 days after leaving the Presidency.
Lyndon B. Johnson, who died 1463 days after leaving the Presidency (two days after the next term of office ended).

Try to imagine Washington dying in office, our first President, and a Vice President having to challenge, earlier than John Tyler had to do in 1841, the issue of whether the Vice President could have all the Presidential authority by succeeding to the office, instead of being elected! Also, the reality that Washington would have set a precedent for a third term, which might have affected the views and attitudes of future Presidents on a third term!

Imagine James K. Polk dying in the midst of the controversy over the territories gained in the Mexican War, and how that might have affected the debates which led to the Compromise of 1850!

Imagine Chester Alan Arthur, having succeeded the assassinated James A. Garfield in office, being the second successive President who died in office!

Imagine Woodrow Wilson dying in office, after the American people had decided to elect him to an unprecedented third term, and how it might have affected the political realities of what became the conservative 1920s!

Imagine Calvin Coolidge having to deal with the Great Depression, as compared to Herbert Hoover, and the reality that he would have died just about two months before the end of his term, with his Vice President likely only serving those two months!

Imagine Lyndon B. Johnson in declining health in his extra term, and maybe dying earlier than two days after the end of that term, and his Vice President likely serving only a very short time in the Presidency, had Johnson died from the stresses of that extra term in office!

This is all theory, of course, what is known as “What If”, but it is food for thought regarding the short retirement of six of our Presidents!

Having stated all of the above, the odds are that Polk would not have been reelected due to the controversy over the Mexican War; that Arthur was denied the nomination in 1884, due to the civil service reform bill he signed into law (The Pendleton Act); that Wilson was still recovering from a stroke in 1920, and would unlikely have been reelected, had he been the nominee of his party; and that Johnson would have had trouble being reelected, due to the Vietnam War. Only Washington and Coolidge probably would have had another term, had they sought it, but even there, Washington might have had opposition to a third term on the basis that it would be creating an image of a monarchy for him to have more than two terms in office. So only Coolidge would have been likely to have had smooth sailing for another term in the White House!

Conservatives Call Barack Obama First Racist President: Look In The Mirror And At History, Right Wingers!

What a preposterous statement by many people in the Right Wing of the Republican Party and the conservative movement, to call Barack Obama our first “racist” President, because of his detailed, courageous, principled statement about race yesterday before White House reporters!

What Obama said about young black men growing up in America is absolutely true, and despicable, and Obama made it clear that he had, personally, experienced the same racism, and all that talk show hosts can do is throw the appellation “racist” at the President, rather than admit the history of the country, and the reality of the profiling of blacks in 2013, along with Hispanics and Latinos as well!

And the Right Wing chooses to ignore history, probably affected by fake historian David Barton, who promotes a sanitized view of American history, and has had a dramatic effect on textbook companies, pressuring them to write myths, rather than facts, about American history!

The facts are as follows:

George Washington, Thomas Jefferson, James Madison, James Monroe, Andrew Jackson, William Henry Harrison, John Tyler, James K. Polk, and Zachary Taylor all owned and exploited slaves, and some of them had children with their slaves, what could be called rape situations!

Andrew Jackson and Martin Van Buren forcibly removed Native Americans, the infamous “Trail of Tears”, while in office; and William Henry Harrison, Andrew Jackson, and Zachary Taylor all gained their original fame by killing Native Americans, and bragging about it!

Andrew Johnson was probably the most outspoken racist President, and made it clear in working against the Freedmen’s Bureau continuation after the Civil War!

Ulysses S. Grant warred against Native Americans during his Presidency in a massive campaign to take away their lands!

Republican Presidents after Grant ignored violations of civil rights by Southerners, beginning with the fixed election of Rutherford B. Hayes on a promise to end military occupation of the South and let Democrats take care of their own states, and promoting racial segregation, Jim Crow laws!

Woodrow Wilson demonstrated strong racist tendencies and views during his administration, catering to the Southern Democratic heritage of his boyhood!

Many Presidents in their writings displayed racist thoughts, and some did so in speech at times, including Harry Truman, Lyndon B. Johnson, Richard Nixon, and Ronald Reagan (who talked about welfare queens).

Only since Truman has it been fashionable to be FOR civil rights, but even then, Nixon and Ronald Reagan worked against civil rights any opportunity they were given!

So we have at least 18 Presidents who were racists, or displayed racist tendencies, toward African Americans and Native Americans in different forms!

So the concept that Barack Obama is a racist for speaking up on injustices toward people of his heritage is outrageous, ridiculous, and preposterous to the extreme!

Do you hear that?—Glenn Beck, Sean Hannity, Rush Limbaugh, Michael Savage, Ann Coulter and the rest of their ilk?