Catching up from late last week… Mark Binker over at the Greensboro News & Record reports on his blog that Rep. Larry Womble (D-Forsyth) is driving around a brand new Ferrari convertible.
Looking at Womble’s 2007 financial disclosure report, [right-click, then "save as" if you have problems viewing it]
it shows his only sources of income are from rental property of a condo (of which he has a mortgage), his legislative salary (approx. $13,000), social security, and his retirement from the State of NC as an educator and assistant principal.
According to the statement and Forysth County Tax Records, he also owns four properties in Forsyth County, with assessed values ranging from $17,200 to $107,200.
I’m not saying it’s not possible, but it certainly raises questions as to how a career government employee can afford a quarter-million dollar car.