WHICH PRESIDENT WAS HONEST AND HAD ALMOST NO MONEY?

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Harry Truman had a failed haberdashery (men’s clothing) store that went bankrupt partially due to a dishonest partner. He eventually paid 100% of his outstanding debts. He got into politics at a relatively older age, and while a local “crime boss” tried to influence him, Honest Harry never accepted any kickbacks or payoffs.

When Truman reached the Senate, he became chairman of the committee for the oversight of various military procurement and product cost overruns. He was offered numerous bribes to look the other way, but he did not take one dollar and due to his investigations and reporting the U.S. Government saved billions of dollars.

He became FDR’s V.P. for his fourth term and became acting President due to FDR’s death. The normal path for elected officials, which continues to this day, was… filter excessive amounts of funds to your own account from “campaign contributions” “bribes” “consultant fees” and other illicit streams.

Truman took nothing and was basically destitute; he left his POTUS position in 1953. Harry later lucked out and he needed the benefits of a law that was passed in 1958, whereby former presidents are entitled to a pension, staff and office expenses, medical care or health insurance, and Secret Service protection.

Source: Quora.com

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You’re currently reading “WHICH PRESIDENT WAS HONEST AND HAD ALMOST NO MONEY?,” an entry on Harvey Tobkes.

Published:
07.24.18 3:01
Category:
Famous People